| | | | | | | |  | Resolutions - R7 L
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Jimmy L. Morales, City Manager | | | DATE: | May 8, 2019 | | | |
| | SUBJECT: | A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ENDORSING THE PROPOSED CONCEPT PLAN SUBMITTED BY 500 ALTON ROAD VENTURES, LLC, 1220 SIXTH, LLC, SOUTH BEACH HEIGHTS I, LLC, AND KGM EQUITIES, LLC (COLLECTIVELY, THE “DEVELOPER”) FOR THE 5TH STREET PEDESTRIAN BRIDGE PROJECT (“BRIDGE PROJECT”), WHICH CONCEPT PLAN IS ATTACHED AS AN EXHIBIT TO THE COMMISSION MEMORANDUM ACCOMPANYING THIS RESOLUTION; FURTHER, AUTHORIZING THE ADMINISTRATION TO SUBMIT AN APPLICATION TO THE DESIGN REVIEW BOARD, FOR ITS CONSIDERATION OF THE DESIGN FOR THE BRIDGE PROJECT, SUBJECT TO THE CITY COMMISSION'S FINAL APPROVAL OF AN AMENDMENT TO THE DEVELOPMENT AGREEMENT DATED JANUARY 9, 2019 BETWEEN THE DEVELOPER AND THE CITY, WHICH AMENDMENT WOULD PROVIDE FOR THE DEVELOPER TO COMPLETE THE DEVELOPMENT, DESIGN, PERMITTING AND CONSTRUCTION OF THE BRIDGE PROJECT. |
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| | | | | | | | RECOMMENDATION
| | The Administration recommends that the Mayor and City Commission adopt the Resolution. |
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| | | | | | | | ANALYSIS
| On November 6, 2018, the residents of Miami Beach overwhelmingly approved the three ballot questions authorizing the City to issue General Obligation Bonds to fund capital projects within the City in the areas of public safety, parks and recreation, and infrastructure. The General Obligation Bonds (G.O. Bonds) projects include, among other City projects, $10 million for the 5th Street Pedestrian Bridge Project. Subsequently, on March 13, 2019, the Mayor and City Commission adopted Resolution No. 2019-30754, authorizing the issuance of the first tranche of G.O. Bonds, and as part thereof, approved the G.O. Bond Implementation Plan, which plan included the Bridge Project as one of the projects scheduled for implementation during the first tranche of G.O. Bond projects.
On December 12, 2018, the City Commission approved, subsequent to second reading/public hearing, the Development Agreement between the City and the "Developer" for the planning, scheduling and approval of the design, development and construction of a mixed use residential and commercial project and a 3.0 acre public park to be conveyed to the City. The project is located on the 500, 600 and 700 blocks of Alton Road.
On January 9, 2019, the Development Agreement was executed, and provided that the City and the Developer agree to exercise diligent, good-faith efforts to negotiate and draft terms for the Developer to develop, design and or construct a pedestrian bridge over and across 5th Street and West Avenue, to connect the baywalks south of 5th Street with the area north of 5th Street; provided, however, that any such agreement with respect to the Bridge Project shall be subject to the prior approval of the City Commission.
Following the execution of the Development Agreement, the parties have worked together to define the processes and refine the scope for implementing the Bridge Project and the City’s overall vision for enhancing the development of the Bridge Project, for the use and enjoyment by all residents of and visitors to the City of Miami Beach.
This Resolution will endorse the conceptual plans (Attachment A) and authorize the Administration to submit an application to the Design Review Board for its consideration of the Bridge Project. The project would be heard at the Design Review Board’s June 4, 2019, meeting. Development, design, permitting and construction of the Bridge Project, by the Developer, would be subject to the City Commission's final approval of an amendment to the Development Agreement.
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| | | | | | | | CONCLUSION
| | The Administration recommends that the Mayor and City Commission adopt the Resolution. |
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| | | | | | | | Legislative Tracking
Capital Improvement Projects |
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