166-94 RDA
RESOLUTION NUMBER 166-94
A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF
THE MIAMI BEACH REDEVELOPMENT AGENCY
AUTHORIZING SIGNATORIES TO EXECUTE VOUCHERS
DRAWING UPON FUNDS IN THE MIAMI BEACH
REDEVELOPMENT DEPOSITORY
WHEREAS, the Miami Beach Redevelopment Agency has established
four accounts at Intercontinental Bank; and
WHEREAS, the Mayor and City Commission wish to designate
signatories who may execute vouchers in order to draw upon funds
for the benefit of the Agency.
NOW THEREFORE, BE IT RESOLVED by the Chairman and Members of
the Miami Beach Redevelopment Agency:
Section 1.
Section 2.
Section 3.
Section 4.
Section 5.
That any two of the following specified individuals
may execute an official, duly prepared voucher upon
funds in any of the four specified accounts
described in Section 2 below on deposit at
Intercontinental Bank:
a. Roger M. Carlton, Executive Director; and/or
b. Mayra Diaz-Buttacavoli, Deputy Director; and/or
c. Harry S. Mavrogenes, Assistant Director; and/or
d. Althea Hallmon, Administrative Secretary.
That the following four accounts are those
established at Intercontinental Bank upon which any
two of the above specified individuals may withdraw
funds:
i. South pointe Redevelopment Checking Account,
No. 90-02-0000-23
ii. South Pointe Redevelopment Investment Account,
No. 90-02-0000-36
iii. City Center/Historic Convention Village
Checking Account,
No. 46-01-0076-86
iv. City Center/Historic Convention Village
Investment Account,
No. 81-00-0006-70.
That Intercontinental Bank is hereby authorized and
requested to accept, honor and pay without further
inquiry, and until delivery to it of written notice
of any amendment of the authority hereby granted,
all checks and other orders for the payment or
withdrawal of money deposited with Intercontinental
Bank in the name of the Miami Beach Redevelopment
Agency, including checks drawn to the individual
order of the officers so signing and including also
all such instruments payable or endorsed to the
order of the Miami Beach Redevelopment Agency, when
such checks or other orders or money shall be
signed or endorsed in the name of the Miami Beach
Redevelopment Agency by its officers above named.
That the above indi viduals
signature page concerning the
hereto as Exhibit "A".
shall execute a
accounts, attached
That should the Agency wish to amend this
Resolution by providing for one or more different
individuals than those named above to act in the
capacity of signatory, a Resolution to that effect
with an appropriate signature page shall be filed
with Intercontinental Bank.
Section 6.
That any and all legislation, including Resolution
Number 134-93 in conflict herewith be hereby
repealed.
PASSED AND ADOPTED THIS
DAY OF
, 1994.
ATTEST:
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SECRETARY
FORM APPROVED
REDEVELOPMENT AGENCY
GENERAL COUNSEL
~
By J CS)
Date (,... I 0 ..~ ~
INTERCONTINENTAL BANK
Accounts:
"South Pointe Redevelopment Checking Account"
Account No. 90-02-0000-23
"South Pointe Redevelopment Investment Account"
Account No. 90-02-0000-36
"City Center/Historic Convention Village Checking"
Account No. 46-01-0076-86
"City Center /Historic Convention Village Investment"
Account No. 81-00-0006--70
shall be upon official vouchers duly prepared and bearing two
signatures as fOl~
Roger M. Carlton, Executive Director
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MayraDiaz-Buttacavoli, Deputy Director
~avro~, Assistant Director
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Althea Hallmon, Administrative Secretary
EXHIBIT II A II
Miami Beach
Redevelopment Agency
1700 Convention Center Drive
Miami Beach, Florida 33139
Telephone: (305) 673-7193
Fax: (305) 673-7772
REDEVELOPMENT AGENCY MEMORANDUM NO. 94-19
June 15, 1994
To: Chairman and Members of the Board
of the Redevelopment Agency
From: Roger M. Carl
Executive Direc
SUBJECT: UPDATE ON HOTEL DEVELOPMENT SELECTION PROCESS
RECOMMENDATION:
The Administration recommends that the Redevelopment Agency Board and
the City Commission approve July 19, 1994, as a workshop date to
review the hotel development proposals as well as reports from the
Selection Committee and the City Manager and that July 21, 1994, be
established as a public hearing date to select hotel development
firm (s) .
BACKGROUND:
Interviews for the seven development firms have been scheduled for the
Selection Committee. The process will occur on June 27 through June
29, 1994, according to the attached Agenda. The steps to be followed
are described below.
The Committee will be briefed on the afternoon of June 27, 1994.
Four interviews will occur on June 28th and three will occur on June
29th. The Committee will utilize the afternoon of June 29th and
whatever additional time it needs to deliberate and make
recommendations to the City Manager who, in turn, will forward a
recommendation to the City Commission.
The Committee may recommend that three (or more) firms be selected as
finalists for the convention hotel. They may also choose to rank the
firms. The African-American set-aside funds will also be addressed
by the Committee.
The Administration is proposing that the City Commission hold two
special meetings in order to maximize public input as well as City
Commission knowledge of the proposals.
. A workshop on July 19, 1994, at which the recommended
development firms will be able to make presentations.
(Logistically, this meeting will have to occur at the Convention
Center due to the audio-visual requirements.)
.
A special public hearing on July 21,
Commission will make its selections. All
the public. The July 21, 1994, public
opportunity for the public to speak.
1994, at which the
meetings are open to
hearing will be an
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1.
If the Commission and Agency need additional time to deliberate, the
opportunity exists to defer the item to the July 27, 1994, regular
meeting of the City Commission and Agency Board.
ANALYSIS:
The Administration strongly recommends that the developer selection
process be completed by the time the Commission recesses at the end
of July. This will allow the Administration and City Attorney's
office to begin the negotiation process during the month of August and
will ensure that financial opportunities that exist due to current low
interest rates are not lost.
Negotiations will take six to nine months. During that process, the
Administration and the City Attorney in conjunction with an expert
citizen negotiating committee to support the negotiations will
schedule monthly update presentations to the Commission/Agency Board
regarding the progress and key deal points.
Once the basic transaction of the development agreement is known, the
Commission/Agency Board will be asked to conceptually approve the
terms.
A detailed development agreement will then be prepared for
Commission/Agency approval only after conceptual approval is obtained.
CONCLUSION:
The City Commission/Agency Board should approve the dates for the
special meetings as noted in the memorandum above.
RMC: jph
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