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394-2001 RESO RESOLUTION (194-2001 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, APPROPRIATING $11,002.00 FROM AVAILABLE 1998 TAX INCREMENT REVENUE BONDS IN ORDER TO REIMBURSE RDP ROYAL PALM LIMITED PARTNERSHIP TO FUND CERTAIN PERMIT-RELATED FEES ASSESSED BY THE CITY'S BUILDING DEPARTMENT FOR THE ROYAL PALM CROWNE PLAZA RESORT PROJECT IN ACCORDANCE WITH SECTION 6.3(a) OF THE HOTEL DEVELOPMENT AGREEMENT BETWEEN THE MIAMI BEACH REDEVELOPMENT AGENCY AND RDP ROYAL PALM LIMITED PARTNERSHIP. WHEREAS, on May 28, 1998, the Miami Beach Redevelopment Agency ("Redevelopment Agency") and RDP Royal Palm Hotel Limited Partnership ("Developer") executed the Lease Agreement, the hotel Development Agreement and other related agreements for the development and operation of the Royal Palm Crown Plaza Resort in Miami Beach, Florida; and WHEREAS, in accordance with Section 6.3(a) of the Development Agreement between the Redevelopment Agency and the Developer, the Redevelopment Agency is responsible for paying any and all permit fees required to be obtained from the City for the construction of the hotel, which include without limitation, all building permit applications, inspection and certification fees and impact and connection fees that the City levies through Public Works and the Building Department; and WHEREAS, funding needs to be appropriated from time to time in order to pay said permit fees as required. NOW, THEREFORE BE IT DULY RESOLVED BY THE CHAIRMAN AND THE MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, that the Chairman and Members of the Miami Beach Redevelopment Agency, appropriating $11,002.00 from available 1998 Tax Increment Revenue Bonds in order to reimburse RDP Royal Palm Limited Partnership to fund certain permit-related fees assessed by the City's Building Department for the Royal Palm Crowne Plaza Resort project in accordance with Section 6.3(a) of the Hotel Development Agreement between the Miami Beach Redevelopment Agency and RDP Royal Palm Limited Partnership PASSED AND ADOPTED this ~ day of September, 2001. ~/f;k CHAIRMAN .."hCMIDM:r. fIORM&LNtGU "FOR~ ~~'~ ......~ JIV ATTEST: ~~ faA~ SECRETARY MIAMI BEACH REDEVELOPMENT AGENCY CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH. FLORIDA 33139 www.ci.miami-beach.f1.us m MIAMI BEACH REDEVELOPMENT AGENCY MEMORANDUM To: Chairman and Members of :::::~:::e~ede~O;(ency Executive Director 0 Date: September 5, 2001 From: Subject: A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, APPROPRIATING $11,002.00 FROM AVAILABLE 1998 TAX INCREMENT REVENUE BONDS IN ORDER TO REIMBURSE RDP ROYAL PALM LIMITED PARTNERSHIP TO FUND CERTAIN PERMIT-RELATED FEES ASSESSED BY THE CITY'S BUILDING DEPARTMENT FOR THE ROYAL PALM CROWNE PLAZA RESORT PROJECT IN ACCORDANCE WITH SECTION 6.3(a) OF THE HOTEL DEVELOPMENT AGREEMENT BETWEEN THE MIAMI BEACH REDEVELOPMENT AGENCY AND RDP ROYAL PALM LIMITED PARTNERSHIP. ADMINISTRATION RECOMMENDATION: Adopt the Resolution. ANALYSIS Pursuant to Section 6.3(a) of the Development Agreement between the Miami Beach Redevelopment Agency (the RDA) and RDP Royal Palm Limited Partnership (the developer), the RDA is responsible for paying any and all permit fees required to be obtained from the City for the construction of the hotel, which include without limitation, all building permit applications, inspection and certification fees and impact and connection fees that the City levies through Public Works and the Building Department. The RDA has been presented with an invoice from the Developer of the Project, in the amount of$II,002.00, for reimbursement of Building Department permit fees incurred and paid by TM Architectural Products, the glazing subcontractor, for permits associated with the design and installation of the windows, curtain walls and storefront systems in the Project. AGENDA ITEM JB DATE 1-5--0/ . To date, the RDA has paid $255,951.48 in City permit fees, which include the main building, electrical, mechanical, plumbing, fire, water and sewer impact and connection fees, demolition permit fees and Planning related fees. Taking into account the payments the RDA has made to date of$255,951.48, and the proposed additional costs presented herein of$II,002.00 the total costs to date will be $266,953.48. Remaining fees to be to be paid include any additional revisions to the building permit, irrigation, roofing, certificate of occupancy, premise permit and other any other fees required to complete the hoteL In addition, as indicated in previous reports, the RDA may be requested to assume further costs as a result of: 1) Remediation of petroleum contamination found on site. 2) Delay claims as a result ofthe petroleum contamination and structural deficiencies with the Royal Palm Hotel, requiring its complete demolition and rebuilding. Petroleum Contamination During the course of excavating the foundations for the Royal Palm, two areas of petroleum- contaminated soil were uncovered by Clark Construction (Contractor). In accordance with the indenmification clause in Section 35 of the Hotel Development Agreement between the Redevelopment Agency and RDP Royal Palm Hotel, LP, (the Developer), the Developer submitted two separate claims for reimbursement of the costs associated with the remediation of the contaminated fill, totaling $178,038. Pursuant to an analysis of the claims, the RDA has authorized the reimbursement of $146,333.59 to date. A third claim in the amount of$14,611 has been rejected for lack of adequate justification. Delay Claims The Developer is claiming construction delays stemming from the soil contamination, comprising 42 days and structural deficiencies, necessitating the demolition and rebuilding of the seven-story Royal Palm, totaling 184 days, per the developer's records. The Developer is also claiming an additional 262 days in structural delays as a result of City's plan approval/permitting process. The only claim to have a dollar amount associated with it, is the 42-day soil-contamination claim, for which the Developer is claiming $836,085. In correspondence dated June 24, 1999, the City Attomey denied any liability for the delay claim. As indicated in earlier reports to the RDA Board, outside counsel has been retained to determine the extent (if any) of the City/Agency's exposure/liability with respect to the Developer's claims. Extensive documentation, including but not limited to critical path schedules, contractor and sub-contractor daily reports and contractual and insurance documents are still being gathered and assessed. A final determination as to any merit of the delays claimed may not be possible until the end of the project. CONCLUSIONS In accordance with the provisions of the Development Agreement, it is recommended that funds be appropriated in the amount of $11,002.00 to cover the reimbursement to the Developer for permit fees assessed by the City's Building Department for the windows and storefront systems utilized in the Project. ~~~-~-~ , Royal Palm Crown Plaza Project Analysis of Permit Fees for Windows/Storefronts Per Buildina Department Records Activity # B0102311 B0103092 Assed fee Date Paid Amount Paid 4,690.80 2,000.00 06/01/2001 500.00 07/03/2001 284.30 11,002.00 $ 11,002.00 80102595 Curtain wall installation 1:30102970 80103093 Royal Palm 7 Story &