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MB RDA MINUTES FEBRUARY 7, 1990 (2) CD CD CD MIAMI BEACH REDEVELOPMENT AGENCY MEETING FEBRUARY 7, 1990 - 9:00 A.M. CITY HALL COMMI SS ION CHAMBERS CO LIJ U., INDEX TO MINUTES OF MEETING RESOLUTION PAGE NO. NO. None 1. Roll Call - Meeting commenced at approximately 10:20 a.m. All members were present. 2. Acceptance of Minutes of January 17, 1990. 14 3. Report of Executive Director Executive Director submitted oral and written reports: a. Marriott/Rahn Proposal (Block 9 RFP) 1 At the 1/29/90 Land Use and Development Committee meeting, a 30-day extension to the 45-day negotiation/public comment period was requested. (Also see 4.b.) b. Cobb Partners, Inc./Old Police Station site 10-11 The Redevelopment Agency successfully closed on the bond issues on 1/31/90 ($7 million) , and is now able to proceed with the condemnation process for acquisition of properties for this project. Agency members had questions on current status of acquisitions (and Mendelson property) for this project. 4. Old Business a. Bi-Weekly Finance Report (Copy of report filed with records of meting.) b. Commission approved 30-day extension of 1-10, 11-14 negotiation period as requested by Marriott/Rahn (first ranked bidder for Block 9 RFP) as recommended the Land Use and Development Committee. Mr. Peter Kory, project director for M/R, indicated they would be favorably inclined to participate in meeting some of the costs being incurred as a result of the negotiation process. Citizens expressed concerns and requested to be kept informed of negotiations. c. Deputy Director Hobson responded to questions 5-7 concerning status of Capital Bank' s foreclosure on South Pointe Towers project. 5. New Business - None. 6. Report of Agency Attorney - none 7. Adjournment - Time: 11:08 a.m. 15 Next meeting: Wed., February 21, 1990 EMB:pr