Item Coversheet

Competitive Bid Reports - C2  C




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Alina T. Hudak, City Manager 
DATE:April  3, 2024
 



SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, TO AWARD REQUEST FOR PROPOSALS NO. 2023-115-KB, FOR THEREDEVELOPMENT OF THE CITY-OWNED PROPERTY LOCATED AT 1940 PARK AVENUE (THE BARCLAY) AND AUTHORIZING THE ADMINISTRATION TO ENTER INTO NEGOTIATIONS FOR A DEVELOPMENT AND GROUND LEASE AGREEMENT WITH 1940 BARCLAY PARTNERS, LLC, THE SOLE PROPOSER, WITH THE FINAL MATERIAL TERMS FOR THE PROJECT SUBJECT TO THE PRIOR APPROVAL OF THE MAYOR AND CITY COMMISSION; AND FURTHER, REFERRING THE PROPOSED PROJECT AND ANY ACCOMPANYING AMENDMENTS TO THE CITY'S LAND DEVELOPMENT REGULATIONS TO THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, THE LAND USE AND SUSTAINABILITY COMMITTEE, AND THE PLANNING BOARD FOR REVIEW, IN ACCORDANCE WITH THE REQUIREMENTS OF THE CITY CODE.

RECOMMENDATION

Refer to the attached Commission Memorandum.

BACKGROUND/HISTORY

Refer to the attached Commission Memorandum.

ANALYSIS

Refer to the attached Commission Memorandum.

SUPPORTING SURVEY DATA

Refer to the attached Commission Memorandum.

FINANCIAL INFORMATION

Refer to the attached Commission Memorandum.
Amount(s)/Account(s):
Refer to the attached Commission Memorandum.

CONCLUSION

Refer to the attached Commission Memorandum.

Applicable Area

South Beach
Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Does this item utilize G.O. Bond Funds?
Yes No 
Legislative Tracking
Economic Development/Procurement

ATTACHMENTS:
Description
Commission Memorandum - Award RFP-2023-115-KB (The Barclay)
Attachment A - Evaluation Committee Scoring and Ranking
Attachment B - Key Terms
Attachment C - Term Sheet Option 2
Resolution