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Resolution 2022-32022RESOLUTION NO. 2022-32022 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PURSUANT TO REQUEST FOR PROPOSALS NO. 2020 -180 -ND, FOR DESIGN/BUILD SERVICES FOR THE 72ND STREET COMMUNITY COMPLEX (THE "PROJECT"), APPROVING THE VARIOUS FUNDING SOURCES FOR THE DESIGN, CONSTRUCTION AND PERMITTING OF THE PROJECT, AS SET FORTH IN EXHIBIT "A" TO THIS RESOLUTION; FURTHER, AUTHORIZING THE CITY MANAGER TO FINALIZE NEGOTIATIONS WITH THE HASKELL COMPANY ("HASKELL"), THE TOP-RANKED PROPOSER FOR THE PROJECT, AND AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE A DESIGN -BUILD CONTRACT WITH HASKELL, WITH A GUARANTEED MAXIMUM PRICE NOT TO EXCEED $84,871,516; AND FURTHER APPROVING AN OWNER'S CONTINGENCY FOR THE PROJECT, IN THE TOTAL AMOUNT OF $4,427,047. WHEREAS, the City Commission's selection of North Beach as the location for a transformative capital project as part of the 2018 G.O. Bond Program was an intentional effort on the part of the City Commission to deploy resources to revitalize and benefit North Beach; and WHEREAS, on November 6, 2018, over 69% of Miami Beach voters resoundingly endorsed the City Commission's vision, and approved a ballot measure, which, in pertinent part, authorized the issuance of general obligation bonds (G.O. Bonds) for parks and recreational facility projects in the City, including G.O. Bond funding for the design, permitting, and construction of the 72nd Street Community Complex (the "72nd Street Project" or "Project"); and WHEREAS, the 72nd Street Project programming, as reflected in the Design Criteria Package (DCP) for the Project, includes a multi-level mixed-use facility, 500 space parking garage, roof -top 50 -meter competition pool with support amenities, 25 - meter multi-purpose pool, 7,500 sq. ft. public library, 5,000 sq. ft. of commercial/retail space, a 7,500 sq. ft. fitness center, a 5,000 sq. ft. community center, 60,000 sq. ft. of active green space, and a jogging path; and WHEREAS, among all of the parks and recreational projects proposed as part of the 2018 G.O. Bond Program, the 72nd Street Project was by far the single largest project approved by the voters in terms of dollar amounts, reflecting a clear intent of the City's voters for the City to proceed with a transformative parks and recreation project in North Beach; and WHEREAS, the 72nd Street project is intended to complement the City's other planning efforts undertaken in recent years for the benefit of North Beach, including adoption of the North Beach Master Plan and approval of the North Beach Community Redevelopment Agency and North Beach Redevelopment Plan; and 1 WHEREAS, notwithstanding the City Commission's planning efforts, to date the City has not proceeded with any significant capital project to implement any of those plans for North Beach, other than perhaps the Beachwalk project, an enormously popular project that demonstrates the value of the City's investment in recreational projects for the benefit of residents and tourists alike; and WHEREAS, in addition to the G.O. Bond funding allocation for the Project, which is intended to provide baseline funding for the parks and recreational elements of the Project, the Project includes other important components, including a significant 500 space parking garage which adds over $30 million to the overall cost of the Project, thereby requiring the City to identify parking funds and other funding sources to supplement the overall Project budget; and WHEREAS, on June 24, 2020, the Mayor and City Commission authorized the issuance of Request for Proposals (RFP) 2020 -180 -ND for Design/Build Services for the 72nd Street Project; and WHEREAS, on March 17, 2021, the Mayor and City Commission adopted Resolution No. 2021-31648, authorizing the Administration to enter into negotiations with the top ranked proposer, The Haskell Company, with the final negotiated agreement subject to the prior approval of the Mayor and City Commission; and WHEREAS, in addition, the City Commission also referred the Project to the Finance and Economic Resiliency Committee (FERC) to look for options to bond the parking garage or other options to increase available funding, especially considering the significant additional costs attributable to the parking garage and other elements of the Project; and WHEREAS, on April 12, 2021, City staff entered into negotiations with Haskell, and the City hired a cost estimator to assist in the process and identity opportunities for reducing Haskell's original cost proposal, in the amount of $94,200,025; and WHEREAS, on June 18, 2021, the item was' presented at the FERC Budget Briefing and the Administration discussed potential funding options to help close the anticipated funding gap; and WHEREAS, on July 13, 2021, Haskell submitted its revised Guaranteed Maximum Price proposal in the amount of $84,871,516, and this amount assumes the current scope in the Design Criteria Package; and WHEREAS, the cost reductions achieved during negotiations and value engineering discussions between the City and Haskell are significant, as those negotiations occurred in a context involving major supply chain disruptions and price escalations in the construction industry, in particular; and WHEREAS, in addition to the design and construction costs of approximately $85,000,000, the City must also budget for its own additional Project costs, including permitting, CIP project management, GOB and Inspector General oversight, Art in Public Places, FP&L relocation work, and a 5% Owner's contingency, the costs of which are summarized in Sections 1 through 5 of Exhibit "A" to this Resolution and would bring the total Project budget to $101,742,327; and WHEREAS, on June 11, 2021, the item was heard at the FERC meeting to discuss the Project budget and potential funding options, in view of a funding gap for the Project; and WHEREAS, the current amount budgeted for the Project as part of the FY2022 Capital Budget is $64.4 million, consisting of the Baseline funding from General Obligation Bonds, in the amount of $53,800,000 and Excess Parking System fund balances, in the amount of $10,600,000; and WHEREAS, as reflected in Section 7 of Exhibit "A" to this Resolution, additional funding to fully cover the design/build contract for the Project has been identified for a combined total amount of $85,623,708, consisting of funding from the following sources: New Parking System Revenue Bonds in the amount of $19,400,000, to be applied to cover costs for the 500 space parking garage portion of the Project; and • Dedicated funding in the amount of $1,000,000, to be used solely for the Project, pursuant to the terms of the Settlement Agreement between the City and Ocean Terrace Holdings, as approved via Resolution No. 2021-31680; and • Previously identified (and paid) Feasibility Study and Professional Fees Funding, for which additional funding -is not required, in the amount of $823,7081; and WHEREAS, Commissioner David Richardson, the sponsor of this Resolution, has worked with the Administration and City Attorney's Office to identify a number of proposed additional funding sources which are legally available to cover the City's remaining Project costs (most of which are for City's own internal Project costs); and WHEREAS, as outlined in Section 9 of Exhibit "A" to this Resolution, the City Commission desires to approve additional funding sources to close the funding gap for the Project, as follows: 1 The Mayor and City Commission identified the above -referenced funding on September 17, 2021 via Resolution No. 2021-31900; however, that Resolution identified a funding gap of $17.7 million, when in actuality the funding gap is $16,118,619 after accounting for the $1 million from the Ocean Terrace settlement (which is earmarked for the Project per the terms of the settlement, and due in a few months, by April 1, 2022), and the $823,708 in Feasibility Study and other costs which have already been paid (and for which additional funds are not required). • Unrestricted excess fund balances not required for repairs/replacements for the 7th Street Garage project (a public-private project which was constructed pursuant to a 1994 development agreement), in the amount of $3,800,000; • Excess Resort Tax funds surpassing City's budgeted projections for third quarter FY 2021 collections, in the amount of $5,900,000; • Excess General Fund reserves surpassing City's budgeted projections for third quarter FY 2021, in the amount of $3.5 million; • Integration of the Art In Public Places requirement within the construction of the Project itself, to more efficiently use the required $1.8 million Art in Public Places contribution to support both the construction of the Project and public art elements incorporated within the Project, with the allocation to construction in the amount of $1.4 million; • Excess funds remaining in Construction of Library Fund #372, initially contributed as part of a 1996 Interlocal Agreement with Miami -Dade County, in the amount of $961,000, which funds the City Attorney and Chief Financial Officer have confirmed may be applied to cover costs for the library portion of the Project; • The remaining $557,619 to be identified via final contract negotiations with Haskell; and WHEREAS, to the limited extent the Administration is unable to reduce the final contract amount by $557,619 as part of its final contract negotiations, or as an alternative to any of the foregoing funding sources referenced above, additional alternative funding sources may be available to the City Commission to close the gap, including, if necessary, from a combination of (1) savings achieved from other projects in the Parks category of the G.O. Bond program, currently estimated at $956,000; (2) modest reductions to the $6.9 million CIP and/or GOB oversight budget; (3) excess Resort Tax funds surpassing first quarter FY2022 budgeted projections; (4) general fund reserves; or (5) other funding sources; and WHEREAS, the proposed funding plan in Exhibit "A" would not only fully fund the design -build contract, but includes all of the funding required for the Project, plus Owner's contingency, for a total Project budget of $101,742,327; and WHEREAS, approval of the above -referenced funding sources for the Project would permit the City Commission to make good on its promises to North Beach, deliver a world-class facility for North Beach, and fully fund the Project without requiring the City to sell any City property or other assets whatsoever; and WHEREAS, if the City Commission desires to move forward with this Project for the benefit of North Beach, the Administration has reviewed the proposed funding 4 sources, and has confirmed, along with the City Attorney, that the funding sources are legally available to fund the Project; and WHEREAS, on January 11, 2022, the North Beach CRA Advisory Committee reviewed the proposed funding plan attached as Exhibit "A", and adopted a motion endorsing the Project Funding Plan; and WHEREAS, for the foregoing reasons, the Mayor and City Commission desire to approve the funding for the Project, as outlined herein and in Exhibit "A" to this Resolution, and further authorize the City Manager and City Clerk to finalize negotiations and execute the Design -Build agreement for the Project, with a Guaranteed Maximum Price not to exceed $84,871,516, and an Owner's Contingency in the total amount of $4,427,047. 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, pursuant to Request for Proposals No. 2020 -180 -ND, for Design/Build Services for the 72nd Street Community Complex (the "Project"), hereby approve the various funding sources for the design, construction and permitting of the Project, as set forth in Exhibit "A" to this Resolution; further, authorize the City Manager to finalize negotiations with the Haskell Company ("Haskell"), the top-ranked proposer for the Project, and authorize the City Manager and City Clerk to execute a design -build contract with Haskell, with a guaranteed maximum price not to exceed $84,871,516; and further approving an owner's contingency for the project, in the total amount of $4,427,047. PASSED AND ADOPTED this -20 ATTEST: 731 JAN 2 5 2022 Rafael E. Granado, City Clerk day of �4nua r , 2022. (Sponsored by Vice -Mayor David Richardson) Dan Gelber, Mayor APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION r'�� I _� - ZZ c' "m PA -Z. Date Exhibit A Analysis of 72nd Community Complex Costs and Potential Funding Sources Section 1: CONSTRUCTION CONTRACT Construction Contract Section 2: ADDITIONAL CONSTRUCTION COSTS FP&L Relocation Costs Permitting Costs 84,900,000 1,333,945 948,573 TOTAL CONSTRUCTION COSTS 87,182,518 Section 3: NON -CONSTRUCTION BUDGET Professional Fees Feasibilty Study 843,250 484,268 Survey and Testing 232,832 TOTAL NON -CONSTRUCTION 1,560,350 Section 4: PROJECT CONTINGENCY 5% 4,427;047 Section 5: OTHER/CITY ALLOCATIONS Art in Public Places (AIPP) 1,605,040 Capital Improvement Projects 6,160,372 GO Bond Management 807,000 TOTAL OTHER/CITY ALLOCATIONS 8,572,412 Section 6: PROJECT GRAND TOTAL 101,742,327 Section 7: IDENTIFIED FUNDING GO Bond Parking Funding Previously Allocated Ocean Terrace Settlement New Parking Bond. Feasibility Study and Professional Fees Funded Previously FUNDED or FUNDING IDENTIFIED 53, 800,000 10, 600,000 1,000,000 19,400,000 823,708 85,623,708 Section 8: FUNDING GAP 16,118,619 Section 9: POTENTIAL SOURCES OF FUNDING GAP 7th Street Garage Funds 3,800,000 Resort Tax -Reserve Over Q3 5,900,000 Old County Library Fund 961,000 Apply AIPP to Construction 1,400,000 General Fund -Reserve Over Q3 3,500,000 Final Contract Negotiations/Other 557,619 TOTAL POTENTIAL SOURCES OF FUNDING GAP 16,118,619 PLANNING PHASE Date: 1113121 72nd Community Revised GMP 5% PROJECT NAME: Complex Retaiange PROJECT NO: 22150-21719 GOB Construction Duration A. CONSTRUCTION COST A.1 New Const.including design (Analysis for July 16th Budget Mtg) $ 84,900,000.00 A.2 FP &L Relocation of Transmission Lines $ 1,003,945.00 A.2.1 FP&L Relocation of Distribution Lines $ 330,000.00 A.3 Demolition:............................:...:............................ _ $ - A.4 Built In Equipment- Escalators, Elevators, Moving Walks, etc. A.5 Civil Work - Roads, Aprons, Utilities, etc. A.5.1 Stormwater..........................................................= $ - A.5.2 Water................................................................= $ A.5.3 Above Ground.......................................................= $ - A.6 Environmental Remediation ............................................= $ - A.7 SUBTOTAL A.1 Thru A.6 ..............................................= $ 86 Cost Source (i.e. Est. resource book, A/E Est., Past Project or other) Supporting Documents Must be Attached if Available A.8 Permitting Allowance 1.1% of A.7 ............................. 7 ........ $ A.9 TOTAL CONSTRUCTION: A.7 + A.8 + A.9 ........... $ _ _ 87 B. FURNISHINGS, FIXTURES AND EQUIPMENT (MOVEABLE) ............ $__ - 1;660;3_49:65. C. ART IN PUBLIC PLACES (APP) - $ (A.1 + A.4) X 100% X 2% .................................... ............... ..._ E. PROJECT CONTINGENCY @ 5% ................................................. (Applies Only to New Building Construction or Large Renovations) D. OTHER COSTS _ 4;427;047.49 - CIP Fee @6.5% of Project Cost .......................................... Professional Fees (DCP) (actual) including services during construction ._ $ 843,250.00 Design(12%)....................................................................— 0 Feasibility Study .....................:........... ............ $ 484,268.00 LEED Commissioning Agent 3% of Design Fee (A/E Consultant).= $ - Constructability, Cost, Value Engineering 2.5% (If applicable) $ - Surveys and testing .2.7% of A.7 ......................................................... $ 232,831.65 967 372.1'1 Public Information Officer Services $ - (ROW Projects $6,000/month) - (Vertical Projects $31000/month) RPR Services or CE&I Services (1 FTE) ................................. (ROW Projects $16,700/month) TOTAL OTHER COSTS ...................................................... $__ - 1;660;3_49:65. PROJECT COST SUBTOTAL $ 90,347,908.05 E. PROJECT CONTINGENCY @ 5% ................................................. $ _ 4;427;047.49 - CIP Fee @6.5% of Project Cost .......................................... $ 6,160,372.11 - GOB CM 1.5% charges based on total amount of $53.8M $ 807,000.00 - Inspector General 0.5% of covered City Contracts (IF the total contract amount $ - (Estimated Cost based on Construction + Total Other Costs) TOTAL FEES...............................................................:= I$ 967 372.1'1 GRAND TOTAL = 1 $ 101,742,327.65 F. REMARKS: Note to Project Manager: Please be advised that each line item must be evaluated to determine if the cost is applicable to the project. If the cost is not ail "7 w 4'% �'� •i. d�J - � yam. � I 4; - � -'6"1 ,`^' ."a i.�nw�w�.�l.aw. �.. w a4.7 � .,, i•���I�3� �.'A. « ,,, Ch1 ' ,. • -�� `'� / •v - ,.. ' ��+ •.Y"(,s( ! > o' � � �!, � • °r' � L t •!r , � `C�furlj �� ��� ii{44� . �, "1 _— -- �i 1 ��-~,s7 •-+l�Atis.y � �t �=–�S�i_•- _ �_ �IPr��� '�r� u Resolutions - R7 P MIAMIBEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Rafael A. Paz, City Attorney DATE: January 20, 2022 SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PURSUANT TO REQUEST FOR PROPOSALS NO. 2020 -180 -ND, FOR DESIGN/BUILD SERVICES FOR THE 72ND STREET COMMUNITY COMPLEX (THE "PROJECT"), APPROVING THE VARIOUS FUNDING SOURCES FOR THE DESIGN, CONSTRUCTION AND PERMITTING OF THE PROJECT, AS SET FORTH IN EXHIBIT "A" TO THIS RESOLUTION; FURTHER, AUTHORIZING THE CITY MANAGER TO FINALIZE NEGOTIATIONS WITH THE HASKELL COMPANY ("HASKELL"), THE TOP-RANKED PROPOSER FOR THE PROJECT, AND AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE A DESIGN -BUILD CONTRACT WITH HASKELL, WITH A GUARANTEED MAXIMUM PRICE NOT TO EXCEED $84,871,516; AND FURTHER APPROVING AN OWNER'S CONTINGENCY FOR THE PROJECT, IN THE TOTAL AMOUNT OF $4,427,047. ANALYSIS Pursuant to the request of Vice -Mayor David Richardson, the above -referenced Resolution is submitted for consideration by the Mayor and City Commission at the January 20, 2022 Commission meeting. SUPPORTING SURVEY DATA N/A Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Yes Legislative Tracking Office of the City Attorney Sponsor Vice -Mayor David Richardson Does this item utilize G.O. Bond Funds? Yes Page 877 of 1313 ATTACHMENTS-. Description ❑ Resolution Page 878 of 1313