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2012-27866 Reso RESOLUTION NO. 2012-27866 A RESOLUTION OF THE MAYOR AND CITY COMMISSION APPROVING AND AUTHORZING THE CITY MANAGER TO EXECUTE A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY AND SUNSET ISLANDS III & IV PROPERTY OWNERS, INC. MEMORIALIZING CERTAIN ADDITIONAL TIMEFRAMES AND TERMS AND CONDITIONS, AS AGREED TO BETWEEN THE PARTIES, AND PERTAINING TO THE CREATION AND ESTABLISHMENT BY THE CITY OF THE PROPOSED SUNSET ISLANDS 3 S 4 SPECIAL ASSESSMENT DISTRICT FOR UNDERGROUNDING UTILITIES. WHEREAS, in areas of the City, utility lines for services such as telephone, electricity, and cable television exist overhead; and WHEREAS, certain residential neighborhoods in the City have requested the relocation of overhead utility lines underground; and WHEREAS, the City recognizes its innate ability to assist with said initiatives and to provide a collection mechanism, such as those used with special assessment districts created pursuant to Chapter 170, Florida Statutes, at the request of individual neighborhoods; and WHEREAS, pursuant to Resolution No. 2002-24761, adopted on February 20, 2002, the City Administration has been working with the Sunset Islands 3 and 4 Property Owners Association (HOA) toward the creation of a special assessment district to fund the conversion of overhead utilities to underground on said Islands (the Project); and WHEREAS, the HOA has been working with the Administration on its proposed undergrounding district, and has reached the point where the initial Resolution establishing its district will likely be presented to the City Commission sometime in late Summer or early Fall 2012; and WHEREAS, at its regular meeting on February 8, 2012, the Mayor and City Commission approved Resolution No. 2012-27842 (the Resolution), approving and allowing the HOA to proceed with the "election" requirement imposed by the City Commission, which requires that, as a condition precedent to its final establishment of the proposed special assessment district, at least sixty percent (60%) of the benefitted property owners within such district vote in favor of its creation/establishment by the City and of the levy of a special assessment to fund the costs of the contemplated undergrounding project; and WHEREAS, the Resolution also adopted guidelines and procedures for the aforestated election, which will be a mail ballot election (the Election); and WHEREAS, the HOA has been working with representatives of the City Attorney and City Clerk's Offices, who are preparing the ballot question and instructions and, accordingly, has approved the attached sample ballot question and instructions, both of which are attached, in substantial form, as Exhibit "A" hereto; and WHEREAS, in addition to re-affirming certain benchmarks and timelines pertaining to the Election, the City and the HOA also wish to confirm, in this MOU, other terms agreed to between the City and the HOA with respect to the creation and establishment of the proposed Sunset Islands 3 & 4 Special Assessment District for Undergrounding Utilities (the District). NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby approve and authorize the City Manager to execute a Memorandum of Understanding between the City and Sunset Islands III & IV Property Owners, Inc. memorializing certain additional timeframes and terms and conditions, as agreed to between the parties, and pertaining to the creation and establishment by the City of the proposed Sunset Islands 3 &4 Special Assessment District for undergrounding utilities. ��"" PASSED AND ADOPTED this A4 day of rnG1-C vl , 2012 M YOR ATTEST: M BF _-gyp..............•• �� to •'-:Z INCORP ORATED! CITY CLERK �'•. 9 �cN 26"'1� APPROVED AS TO FORM &LANGUAGE FAATTO\AGUR\RESOS-ORD\Sunset Islands 3 and 4 MOU Reso(3-13-12).doc &F . ECU J ity ttorn e COMMISSION ITEM SUMMARY Condensed Title: A Resolution Of The Mayor And City Commission Approving And Authorizing The City Manager To Execute A Memorandum Of Understanding Between The City And Sunset Islands III & IV Property Owners, Inc., Memorializing Certain Additional Timeframes And Terms And Conditions, As Agreed To Between The Parties, And Pertaining To The Proposed Creation And Establishment By The City Of The Proposed Sunset Islands 3 & 4 Special Assessment District For Under grounding Utilities. Key Intended Outcome Supported: Issue: Item Summa /Recommendation: Pursuant to Resolution No. 2002-24761, adopted on February 20, 2002, the City Administration has been working with the Sunset Islands III and IV Property Owners Association (HOA) toward the creation of a special assessment district to fund the conversion of overhead utilities to underground on said Islands. During the past year, the HOA has been working with the Administration on its proposed undergrounding district, and it expects that the initial resolution establishing the special assessment district will likely be taken to the City Commission for approval sometime in late Summer or early Fall 2012. On February 8, 2012, the Mayor and City Commission approved Resolution No. 2012-27842, approving and allowing the HOA to proceed with the election requirement imposed by the City Commission, which requires that, as a condition precedent to its final establishment of the proposed special assessment district, at least sixty percent (60%) of the benefitted property owners within such district vote in favor of its creation/establishment by the City, and of the levy of a special assessment to fund the costs of the contemplated undergrounding project. The Resolution also adopted guidelines and procedures for the election, which will be a mail ballot election. To re-affirm certain benchmarks and timelines pertaining to the election, and other terms agreed to between the City and the HOA with respect to the creation and establishment of the proposed Sunset Islands 3 & 4 Special Assessment District for Undergrounding Utilities, the City and the HOA agreed to execute a Memorandum of Understanding (MOU) (Attachment A), containing the following elements: 1. Election Timeframe; 2. Additional Conditions, a)Costs, b)Funding; 3. Traffic Circle and Sidewalk 4. Construction Timeframe The Administration recommends adopting the Resolution. Advisory Board Recommendation: Financial Information: Amount Account Source of I Funds: 2 OBPI Total Financial Impact Summary: City Clerk's Office Legislative Tracking: Fred Beckmann, Public Works Director. Ext: 6012 Sign-Offs: Department Director Assistant C na er City ger FB B JMG � TAAGENDA1201 213-21-1 21Sunset Islands 3&4. SUMMARY.doc AGENDA ITEM I MIAMBEACH DATE IM MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfi.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera-Bower and Members of the Cit Commission FROM: Jorge M. Gonzalez, City Manager DATE: March 21, 2012 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY AND SUNSET ISLANDS III&IV PROPERTY OWNERS,INC.,MEMORIALIZING CERTAIN ADDITIONAL TIMEFRAMES AND TERMS AND CONDITIONS,AS AGREED TO BETWEEN THE PARTIES,AND PERTAINING TO THE PROPOSED CREATION AND ESTABLISHMENT BY THE CITY OF THE PROPOSED SUNSET ISLANDS 3 & 4 SPECIAL ASSESSMENT DISTRICT FOR UNDERGROUNDING UTILITIES. ADMINISTRATION RECOMMENDATION The Administration recommends adopting the Resolution. BACKGROUND Pursuant to Resolution No. 2002-24761, adopted on February 20,2002,the City Administration has been working with the Sunset Islands III & IV Property Owners Association (HOA) toward the creation of a special assessment district to fund the conversion of overhead utilities to underground on said Islands. During the past year, the HOA has been working with the Administration on its proposed undergrounding district, and it expects that the initial resolution establishing its special assessment district will likely be taken to the City Commission for approval sometime in late Summer or early Fall 2012. On February 8, 2012, the Mayor and City Commission approved Resolution No. 2012-27842, approving and allowing the HOA to proceed with the election requirement imposed by the City Commission,which requires that, as a condition precedent to its final establishment of the proposed special assessment district, at least sixty percent (60%) of the benefitted property owners within such district vote in favor of its creation/establishment by the City, and of the levy of a special assessment to fund the costs of the contemplated undergrounding project. The Resolution also adopted guidelines and procedures for the election, which will be a mail ballot election. City Commission Memorandum—Sunset Islands III & IV March 21, 2012 Page 2 of 3 To re-affirm certain benchmarks and timelines pertaining to the election, and other terms agreed to between the City and the HOA with respect to the creation and establishment of the proposed Sunset Islands 3&4 Special Assessment District for Undergrounding Utilities,the City and the HOA agreed to execute a Memorandum of Understanding (MOU)(Attachment A),containing the following elements: 1. Election Timeframe The City and HOA shall use their respective good faith, commercially reasonable efforts to hold the election sometime in April 2012 (Election Date). For purposes of this MOU, the term"hold the election"shall refer to the date that the Official Ballots(as that term is defined in Attachment "A" of the Resolution) are mailed out by the City, through its City Clerk's Office, to the benefitted property owners within the District. Notwithstanding the preceding, the April 2012 Election Date is contingent upon and subject to the City's prior timely receipt of the final binding estimates from the utilities (FPL, AT&T, and Atlantic Broadband) and, based on such costs, the calculation, by the City's Finance Department, of the amounts of the individual assessments for each property owner (both if paid up front, in full, or in installments over the agreed upon period of ten (10) years, if the property owner elects to finance). 2. Additional Condition A. Costs. In order to minimize costs to the HOA, the Election will be prepared and conducted by the City, "in-house," through its City Attorney and City Clerk's Offices. The City will be responsible for the costs associated with printing and copying the sufficient number of Official Ballots (currently estimated at 118) and the three(3) envelopes accompanying each Ballot The HOA will provide to the City, and be responsible for any costs associated with: (i)the"Certified List"of benefitted property owners within the District (containing the names and addresses of the property owners to whom the City shall mail the Official Ballots to); (ii) the mailing labels for each address on the Certified List; and (iii) the costs of all postage associated with mailing out the Official Ballots to the benefitted property owners, via First Class U.S. Mail. B. Funding. 1. The City agrees to fund the following District costs internal to the City; which costs will not be included as part of the total Project cost for purposes of calculating the special assessments: the FPL-CIP Liaison, the CIP Management Fee, annual administration fees, and the internal costs of conducting the Election (except, as to the latter, costs associated with preparing the Certified List, mailing labels, and postage costs, all of which will be the responsibility of the HOA). 2. The HOA will be responsible for any and all District third party costs;which costs will be included as part of the total Project costs for purposes of calculating the special assessments. Financing costs (interest, issuance, tax collector, debt service reserve, and other third party and related borrowing costs)will be assessed to those property owners who do not pay the assessment up front, in full, and who elect to use the City financing option to pay for their portion in installments. City Commission Memorandum—Sunset Islands III & IV March 21, 2012 Page 3 of 3 3. Traffic Circle and Sidewalk. Following approval of this MOU and execution by the parties hereto, the City's Capital Improvements Projects Office(CIP)will develop and provide the HOA with a preliminary cost estimate for(i) a traffic circle, to be located as one comes over the Sunset Island IV bridge, from the mainland side onto Sunset Island IV; and (ii) the extension of the sidewalk connecting the Sunset Islands III & IV bridges along Sunset Drive. 4. Construction Timeframe The City shall use good faith, reasonably commercial efforts to: (i) meet the CIP timeframe for the Project, which is currently estimated for commencement of construction in late 2012 or early 2013; (ii) expedite the preparation of the necessary resolutions, notices, and other work product that the City needs to prepare for the City Commission's consideration relative to creating and establishing the District(and including,without limitation, presenting options for financing the Project costs); (iii) expedite all City issued permits for the Project; and, provided the District is created and established; (iv) diligently and continuously prosecute construction of the Project. Upon completion of the Project, in the event that benefitted properties within the district have not connected their individual residences to the Project (the"resident hook-ups"),the City will reasonably assist the HOA with such lawful actions, as the City Commission may deem necessary, to facilitate the completion of all resident hook- ups with the District. Notwithstanding the preceding, or any other term or condition of this MOU,the City and HOA hereby agree and acknowledge that the City shall have no liability whatsoever to the HOA,or to third parties, for any claims, causes of action, costs, expenses, liabilities, or damages, whether direct or indirect, arising out of or in connection with any act or failure to act, or any error or omission, of the City, including without limitation,those arising from its performance or non-performance of any good faith, reasonably commercial effort contemplated by the City under this Section 5. CONCLUSION The Administration recommends that the Mayor and City Commission approve the Resolution and authorize the City Manager to execute the Memorandum of Understanding. DRB/FHB//JRG TAAGENDA\2012\3-21-12\Sunset Islands III &IV