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2012-27815 Reso RESOLUTION NO. 2012 -27815 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING RESOLUTION NO. 2011 - 27713, WHICH APPROVED AND AUTHORIZED THE MAYOR AND CITY CLERK TO EXECUTE: 1) AMENDMENT NO. 1 TO THE PURCHASE AND SALE AGREEMENT, DATED JULY 14, 2010, BETWEEN THE CITY OF MIAMI BEACH AND THE HOUSING AUTHORITY OF THE CITY OF MIAMI BEACH (HACMB), FOR THE PURCHASE OF A PERPETUAL EASEMENT OVER THE PROPERTY LOCATED AT 1231 -1251 17 STREET, MIAMI BEACH, FLORIDA, FOR THE PURPOSE OF CONSTRUCTING A BRIDGE CONNECTING WEST AVENUE AND DADE BOULEVARD; SAID AMENDMENT TO EXTEND THE "INSPECTION PERIOD ", AS DEFINED THEREIN; AND 2) AMENDMENT NO. 1 TO THE ACCOMPANYING DEVELOPMENT AGREEMENT BETWEEN THE CITY AND HACMB, HAVING A COMMENCEMENT DATE OF SEPTEMBER 15, 2010; SAID AMENDMENT TO EXTEND THE "DUE DILIGENCE PERIOD ", AS DEFINED THEREIN; SAID AMENDMENT TO RESOLUTION NO. 2011- 27713 TO REFERENCE THE ACTUAL DATES OF THE EXTENSIONS TO THE INSPECTION AND DUE DILIGENCE PERIODS, AS GRANTED BY THE HACMB, TO MAY 1, 2012. WHEREAS, in 1999, the City Commission approved the West Avenue Bridge Project as Municipal Mobility Plan (MMP) Project #30, which envisioned corridor improvements to the intersection of Dade Boulevard at 17 Street/Bay Road, to be combined with a connection between Dade Boulevard and West Avenue through the construction of a new bridge (the West Avenue Bridge Project or the Project); and WHEREAS, the implementation of the Project requires that the City acquire a right -of -way via the City's purchase of an easement (the City Easement) through property presently owned by the Housing Authority of the City of Miami Beach (HACMB); and WHEREAS, current funding for the Project includes federal funds, and the estimated cost of the Project, including land acquisition and the planning and design, is approximately $6.5 -7 million; and WHEREAS, the Administration and City Attorney's Office worked with HACMB and its counsel to develop 1.) a Purchase and Sale Agreement, for the City's purchase of the City Easement, in the amount of $1,635,000, to develop the West Avenue Bridge Project; and 2.) a Development Agreement, setting forth the City and HACMB's respective rights and obligations pertaining to the City's development and construction of the West Avenue Bridge Project, and HACMB's development and construction of an affordable housing project (the HACMB Project); and WHEREAS, on June 22, 2010, the HACMB's Board considered both agreements and passed a resolution approving same, and WHEREAS, on July 14, 2011, the Mayor and City Commission adopted Resolution No. 2010 - 27451, approving the Purchase and Sale Agreement, in substantial form; the Purchase and Sale Agreement was finalized and subsequently executed by the parties with an effective date of September 15, 2010; and WHEREAS, on September 15, 2010, the Mayor and City Commission adopted Resolution No. 2010-27490, approving, on second and final reading, and authorizing the Mayor and City Clerk to execute, the Development Agreement; the Development Agreement was executed with a Commencement Date of September 15, 2010; and WHEREAS, in accordance with the terms of the Purchase and Sale Agreement and the Development Agreement, the City was permitted an Inspection Period (under the Purchase and Sale Agreement) and Due Diligence Period (under the Development Agreement), within which to inspect and investigate the physical and other conditions of the City Easement property, as well as the HACMB property, as it deemed appropriate, in order to determine whether or not to proceed with the purchase of the City Easement, and the development of the proposed West Avenue Bridge Project thereon; and WHEREAS, the City has the right, during the Inspection Period/Due Diligence Period (as such terms are defined, respectively, in the Purchase and Sale Agreement and the Development Agreement), to terminate the Purchase and Sale Agreement and the Development Agreement if, in the City's sole opinion, the City Easement property is not suitable or feasible for the City's intended purpose of developing the Project, or that such development and use may be unusually expensive; and WHEREAS, the Inspection Period and Due Diligence Period expired on September 15, 2011; and WHEREAS, the City is still in the process of inspecting and investigating the City Easement property; as part of its ongoing due diligence, the City has also retained a consultant to perform a Project Development & Environmental (PD&E) study on the West Avenue Bridge Project; and WHEREAS, the PD&E study will evaluate if the Project will improve transportation connectivity; support economic development; and enhance transit, pedestrian and bicycle usage; and WHEREAS, public involvement is a significant component of the PD&E study; and WHEREAS, a Public Involvement Program regarding the Project has been created and is still underway to ensure that the PD&E study reflects the values and needs of the community; and WHEREAS, in order to ensure that the City obtains sufficient information, which includes collecting sufficient public comment as to its proposed purchase of the City Easement and development of the Project, an extension of the Inspection Period, under the Purchase and Sale Agreement, and of the Due Diligence Period, under the Development Agreement, was necessary; and WHEREAS, the City requested that the HACMB grant an up to six (6) month extension of, respectively, the Inspection Period and Due Diligence Period, in order for the City to review and consider the recommendations identified in the PD&E study; and WHEREAS, on September 14, 2011, pursuant to Resolution No. 2011-27713, the Mayor and City Commission approved Amendment No. 1 to the Purchase and Sale Agreement, and Amendment No. 1 to the Development Agreement, extending the Inspection Period and Due Diligence Period therein for a period not to exceed six (6) months, until March 15, 2012; and WHEREAS, on September 20, 2011, the HACMB board approved an initial extension of the Inspection Period and Due Diligence Period for four (4) months, or until January 15, 2012, and reserved its rights to grant the full (i.e. 6 month) extension requested by the City, pending the City Administration's providing the HACMB board with a status report on the PD&E process at its December HACMB board meeting; and WHEREAS, on December 13, 2011, following the requested status report by the City, the HACMB board approved the extension of the Inspection Period and Due Diligence Period, until May 1, 2012, in order to allow the City to complete the PD&E study and conduct a public hearing on the West Avenue Bridge Project in April 2012; and WHEREAS, accordingly the Administration recommends that the City Commission approve an amendment to Resolution No. 2011-27713, to reference the actual date that the City and HACMB have agreed upon with regard to extending the Inspection Period and Due Diligence Periods under, respectively, the Purchase and Sale Agreement and Development Agreement between the City and HACMB; said extension until May 1, 2012; and WHEREAS, the Administration further requests that the City Manager and City Attorney's Office be authorized to take such action(s), as they deem necessary, to memorialize the extension date (of May 1, 2012), and authorize the Mayor and City Clerk to execute such corresponding amendments to, respectively, the Purchase and Sale Agreement and the Development Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby amend Resolution No. 2011-27713, which approved and authorized the Mayor and City Clerk to execute : 1)Amendment No. 1 to the Purchase and Sale Agreement, dated July 14, 2010, between the City of Miami Beach and the Housing Authority of the City of Miami Beach (HACMB), for the purchase of a perpetual easement over the property located at 1231-1251 17" Street, Miami Beach, Florida, for the purpose of constructing a bridge connecting West Avenue and Dade Boulevard; said amendment to extend the "Inspection Period:, as defined therein; and 2) Amendment No. 1 to the accompanying Development Agreement between the City and HACMB, having a commencement date of September 15, 2010; said amendment to extend the "Due Diligence Period", as defined therein; with this amendment to Resolution No. 2011- 27713 having the purpose of to referencing the actual dates of the extensions, to the Inspection and Due Diligence Periods, as granted by the HACMB, to May 1, 2012. PASSED is 11th day of January 2012. ATTEST: ��• �� '20 (kAA :y CITY CLERK �.INCORP ORATED: MAY APPROVED AS TO T:\AGENDA\2012\1-11-12\Housing h�rAmend so.dQt•� FORM &LANGUAGE •.. •.. &FOR EXECUTION CH 26 ttorneyi ate COMMISSION ITEM SUMMARY Condensed Title: A Resolution approving a second amendment to the purchase and sale agreement between the City and the Housing Authority of the City of Miami Beach for the purchase of a perpetual easement over the property located at 1231-1251 17th Street for the purpose of constructing the West Avenue Bridge, extending the Due Diligence period until May 1, 2012. Key Intended Outcome Supported: Maintain or Improve Traffic Flow Supporting Data (Surveys, Environmental Scan, etc.): Residents in the 2007 Community Satisfaction Survey cited traffic congestion as the second most import factor affecting their quality of life in the City. Issue: Should the City Commission approve the resolution? Item Summary/Recommendation: On July 14, 2010, the Mayor and City Commission approved a Purchase and Sale Agreement between the City and HACMB, for the purchase of a perpetual easement through the HACMB Parcel for construction of the project. The purchase price of the easement is $1.635 million. The Agreement provided the City with a one (1) year"Inspection Period" (commencing upon execution of the Purchase and Sale Agreement) to do its due diligence, including whatever inspections and investigations it needs to make to determine whether or not it wants to proceed with the purchase of the City Easement, and/or whether or not the Easement is suitable for the development and construction of the proposed West Avenue Bridge Project. Additionally, the City has the right to terminate the Purchase and Sale Agreement during the Inspection Period if it determines, in its sole opinion, that the property is not suitable or feasible for the Project. On September 14, 2011, the Mayor and City Commission approved Amendment No. 1 to the Agreements, extending the Inspection Period and Due Diligence Period for a period not to exceed six (6) months, until March 15, 2012. On September 20, 2011, the HACMB board approved an extension of four (4) months, or January 15, 2012, and further requested that the City Administration provide the HACMB board with a status update at their December meeting. On December 13, 2011, following the status report by the Administration, the HACMB board approved an extension of the Inspection Period and Due Diligence Period until May 1, 2011, in order to allow the City to complete the PD&E study. The City is. in the process of performing the West Avenue Bridge Project Development and Environmental (PD&E) study. Public involvement is a significant portion of the PD&E study. A Public Involvement Program (PIP) has been created to generate public participation. The overall goal of the PIP is to ensure that the study reflects the values and needs of the community. As part of the due diligence for the purchase of the easement, the City and the PD&E consultant will collect and review the public input and commentary prior to the PD&E's Public Hearing which will take place in April 2012. The Administration recommends that the Mayor and City Commission adopt the resolution and approve the Second Amendment to the Purchase and Sale Agreement. Advisory Board Recommendation: N/A Financial Information: Amount" Account Approved Source of Funds: n/a OBPI Total City Clerk's Office Legislative Tracking: Kevin Crowder, Jorge Gomez Sign-Offs: Qppr4nent Director As ist t City" nager City Manager OnN KC JG JMG ,t.- TAAG 010\ egular\Housing Authoruty gre T!-Su ary.docx MIAMMEACH AGENDA ITEM G 7(f DATE ////Z MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miomibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission FROM: Jorge M. Gonzalez, City Manager DATE: January 11, 2012 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE: 1) AMENDMENT NO. 2 TO THE PURCHASE AND SALE AGREEMENT, DATED JULY 14, 2010, BETWEEN THE CITY OF MIAMI BEACH AND THE HOUSING AUTHORITY OF THE CITY OF MIAMI BEACH (HACMB), FOR THE PURCHASE OF A PERPETUAL EASEMENT OVER THE PROPERTY LOCATED AT 1231-1251 17TH STREET, MIAMI BEACH, FLORIDA, FOR THE PURPOSE OF CONSTRUCTING A BRIDGE CONNECTING WEST AVENUE AND DADE BOULEVARD; SAID AMENDMENT EXTENDING THE "INSPECTION PERIOD", AS DEFINED THEREIN, UNTIL MAY 1, 2012; AND 2) AMENDMENT NO 2. TO THE ACCOMPANYING DEVELOPMENT AGREEMENT BETWEEN THE CITY AND HACMB, HAVING A COMMENCEMENT DATE OF SEPTEMBER 15, 2010; SAID AMENDMENT EXTENDING THE "DUE DILIGENCE PERIOD", AS DEFINED THEREIN, UNTIL MAY 1, 2012. ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS In 1999, the City Commission approved the Municipal Mobility Plan (MMP). The West Avenue Bridge Project (the Project) was developed from MMP Project #30, which envisioned corridor improvements to the intersection of Dade Boulevard at 171h Street/Bay Road, to be combined with a connection between Dade Boulevard and West Avenue through the construction of a new bridge. The MMP suggested that this crossing could serve to relieve congestion at nearby intersections. The implementation of the Project requires that the City acquire a right-of-way through a parcel presently owned by the Housing Authority of the City of Miami Beach (HACMB), located at 1231-1251 17th Street. Current funding for the Project includes federal funds, the use of which requires an environmental impact study (EIS). The estimated cost of the Project, including land acquisition and the EIS, is approximately $6.5-7 million. Commission Memorandum January 11, 2012 Housing Authority of Miami Beach—Amendment to Easement Purchase Page 2 of 3 On July 14, 2010, the Mayor and City Commission approved a Purchase and Sale Agreement, for the City's purchase of the City Easement, in the amount of $1,635,000, over a portion of the HACMB property to develop the West Avenue Bridge Project, and a Development Agreement, setting forth the City and HACMB's respective rights and obligations pertaining to the City's development and construction of the West Avenue Bridge Project, and HACMB's development and construction of an affordable housing project (the HACMB Project). On June 22, 2010, the HACMB's Board considered both agreements and passed a resolution approving the same, and on July 14, 2011, the Mayor and City Commission adopted Resolution No. 2010-27451, approving the Purchase and Sale Agreement in substantial form. The Purchase and Sale Agreement was finalized and subsequently executed by the parties with an effective date of September 15, 2010. On September 15, 2010, the Mayor and City Commission adopted Resolution No. 2010-27490, approving on second and final reading the Development Agreement which also has a Commencement Date of September 15, 2010. The City also has the right during the Inspection Period/Due Diligence Period, to terminate the Purchase and Sale Agreement and the Development Agreement if, in the City's sole opinion, the City Easement property is not suitable or feasible for the City's intended purpose of developing the Project, or that such development and use may be unusually expensive. The Inspection Period and Due Diligence Period will both expire on September 15, 2011. The City is still in the process of inspecting and investigating the City Easement property, including the performance of a Project Development & Environmental (PD&E) study on the West Avenue Bridge Project, which will consider the construction of the project with the following goals: • Improve multimodal transportation connectivity across Collins Canal and offer an alternative to driving on Alton Road; • Support economic development in the Sunset Harbor neighborhood and vicinity; • Enhance transit, pedestrian and bicycle use and safety across the Collins Canal and Dade Boulevard. On September 14, 2011, the Mayor and City Commission approved Amendment No. 1 to the Agreements, extending the Inspection Period and Due Diligence Period for a period not to exceed six (6) months, until March 15, 2012. On September 20, 2011, the HACMB board approved an extension of four (4) months, or until January 15, 2012, and further requested that the City Administration provide the HACMB board with a status report on the PD&E process at their December meeting. On December 13, 2011, following the status report by the Administration, the HACMB board approved an extension of the Inspection Period and Due Diligence Period until May 1, 2011, in order to allow the City to complete the PD&E study and public hearing in April 2012. Public involvement is a significant portion of the PD&E study. A Public Involvement Program (PIP) has been created to generate public participation. The overall goal of the PIP is to ensure that the study reflects the values and needs of the community. As part of the due diligence for the purchase of the easement, the City and the PD&E consultant conducted the kick-off meeting on September 13, and the second public meeting, which was Alternatives Workshop, took place in December. Commission Memorandum January 11, 2012 Housing Authority of Miami Beach—Amendment to Easement Purchase Page 3 of 3 CONCLUSION Currently, the Inspection Period and Due Diligence Period under the Purchase and Sale Agreement and Development Agreement between the City and HACMB expire on March 15, 2012. Since the HACMB board has approved an extension of the Inspection Period and Due Diligence Period until May 1, 2012, a second amendment to the Agreements is necessary to conform the dates to those approved by the HACMB board. The Administration recommends that the City Commission approve the Second Amendment to the Purchase and Sale Agreement and Development Agreement between the City and HACMB, providing for an extension until May 1, 2012, of the Inspection Period and Due Diligence Periods under the Agreements and, if approved, that the City Commission further authorize the Mayor and City Clerk to execute the corresponding amendments to the Agreements. JMG/J5F-7 T:\AGENDA\2011\9-14-11\Housing Authority Amendment Memo.docx l