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R7D-Approve Preferred Alternative For The West Avenue Bridge ProjectCOMMISSION ITEM SUMMARY Condensed Title: A Resolution Approving The Preferred Alternative (Alternative 2), For The Development and Construction of The West Avenue Bridge Project, As Presented In The Project Development And Environment Study (PD&E), And As Recommended By the City's Consultant, Gannett Fleming. Key Intended Outcome Supported: Enhance mobility throughout the City. Supporting Data (Surveys, Environmental Scan, etc.): Transportation remains one of the most significant areas to address from the 2009 Community Satisfaction Survey results (often mentioned as a Key Quality of Life Issue). 24% of residents rated traffic flow as excellent or good, and 37% as poor. 35% of residents rated the availability of pedestrian trails and bicycle paths/lanes as excellent or good, and 30% as poor. Issue: I Shall the Mayor and City Commission approve the Resolution? Item Summary/Recommendation: The West Avenue Bridge Project proposes to develop and construct a new bridge, providing vehicular and pedestrian access over the Collins Canal, at West Avenue. In 2008, the City conducted a traffic analysis, which investigated all traffic movements associated with this proposed bridge. The results of the study determined that the proposed bridge would help alleviate traffic congestion along Alton Road and along 1 ih Street, and would improve transit, bicycle, and pedestrian mobility and safety. The proposed bridge would provide a more direct connection to the Sunset Harbour neighborhood and reduce the potential for safety conflicts at the intersections of Dade Boulevard and Bay Road. A range of preliminary alternatives were developed as part of the West Avenue Bridge PD&E Study: • No-Build Alternative, leaving the existing facilities largely unchanged from the present configuration • TSM Alternative, with low-cost improvements designed to maximize the utilization and efficiency of West Avenue and portions of 17th Street and Dade Boulevard • Alternative 1, with two through lanes, two bike lanes, and two sidewalks • Alternative 2, adding an exclusive southbound left turn lane to Alternative 1 • Alternative 3, adding an exclusive right turn lane in the northbound direction to Alternative 2 • Alternative 4, adding a second left turn lane in the southbound direction to Alternative 3 Through the PD&E study process, the Administration has determined that Alternative 2 better addresses the purpose and need for this Project. With a typical section of less than 70 feet, and matching the existing typical cross section of West Avenue, it minimizes the need for additional acquisition of property from the Housing Authority. The diversion of traffic from Alton Road to the northern section of West Avenue, expected by the addition of the bridge, will result in an average increase of 3 vehicles per minute, in each direction, during peak hours. Vehicles south of 17th Street would not necessarily drive to 51h Street; they would be making left turns throughout the West Avenue corridor to go east. The proposed bridge would create a new transportation infrastructure link in the roadway network to: • Improve mobility and connectivity between neighborhoods • Enhance multi-modal connections and provide multi-modal options in the City's transportation system • Improve safety and connectivity for pedestrians, bicyclists and vehicles THE ADMINISTRATION RECOMMENDS APPROVING THE RESOLUTION. Advisory Board Recommendation: IN/A Financial Information: Source of Amount Funds: OBPI 1 Total Financial Impact Summary: MlAMIBEACH 447 Account AGENDAITEM~~~~­ DATE --1--!....._..L-::=- ~ MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov TO: FROM: DATE: SUBJECT: COMMISSION MEMORANDUM Mayor Matti Herrera Bower and Members of t/ity Commission Jorge M. Gonzalez, City Manager~~ April11, 2012 U A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE PREFERRED ALTERNATIVE (ALTERNATIVE 2) FOR DEVELOPMENT AND CONSTRUCTION OF THE WEST AVENUE BRIDGE PROJECT (THE PROJECT), AS PRESENTED IN THE PROJECT DEVELOPMENT AND ENVIRONMENT STUDY (PD&E), AND AS RECOMMENDED BY THE CITY'S CONSULTANT, GANNETT FLEMING. ADMINISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND The City, in coordination with the Florida Department of Transportation (FOOT) through the Federal Highway Administration's (FHWA) Local Agency Program (LAP), has conducted a Project Development and Environment (PD&E) Study to evaluate the development and construction of a new low-level bridge on West Avenue, which would span the Collins Canal, from 17th Street to Dade Boulevard (the West Avenue Bridge Project or the Project). The Project proposes the development and construction of a new bridge, providing vehicular and pedestrian access over the Collins Canal, at West Avenue. The proposed cross section of the bridge consists of two travel lanes, bi-directional bike lanes, and a sidewalk on each side of the road. The Project limits extend across West Avenue, from north of Lincoln Road, to south of 18th Street. Improvements on the existing portions of West Avenue will include milling and resurfacing pavement markings, signage, and bicycle and pedestrian improvements. West Avenue is a City-owned street. It is a two lane north-south urban collector stretching 1.4 miles in length with a posted speed of 30 miles per hour. The Project limits extend approximately 0.21 miles. Within the study segment, on-street metered parking and sidewalks are present on both sides of the street. There are currently no bicycle facilities present on West Avenue within the Project limits. The Collins Canal is a City-owned man-made canal, dredged in 1914 to connect the southern end of Indian Creek to Biscayne Bay. The canal forms a natural barrier to local north-south vehicular and pedestrian/bicycle traffic, as well as bus service. The proposed West Avenue Bridge Project is designed to improve connectivity across the Collins Canal, by providing a direct connection between the Lincoln West and Sunset Harbour Neighborhoods. The proposed bridge is expected to improve safety at the intersection of Dade Boulevard and Bay Road, while improving transit, bicycle, and pedestrian mobility and safety in the area. The proposed bridge would also link the area's existing and proposed bicycle and pedestrian network. 448 Commission Memorandum -West Avenue Bridge Project Apri/11, 2012 Page 2 of7 The proposed bridge would provide an extension of planned bike lanes along West Avenue, as part of the West Avenue Right-of-Way Improvement Project, from 5th Street to 17th Street, as well as connect into the proposed Dade Boulevard Bike/Pedestrian Trail that would run parallel to the Collins Canal. The Dade Boulevard Trail would connect to the Venetian Causeway Bike/Pedestrian Trail, which continues west to the mainland, and east to the Beachwalk Trail (which runs north-south along the beach). Cities with well connected surface transportation systems often have less traffic congestion, and more multi-modal use. A well connected transportation network has many short links, numerous intersections and minimal dead end streets. As connectivity increases, travel distances are minimized, and new route options are provided, allowing more direct travel between a multitude of destinations. While this approach may be contrary to the preference of some Project stakeholders that prefer to limit connectivity as a way to control traffic volumes, these desired attributes can be attained by other means, including short blocks, narrower lanes and travel way widths, and other traffic calming features that more effectively control vehicle traffic speeds and volumes. By applying these specific roadway design measures to residential areas, a sense of community and security can be achieved without sacrificing the efficiency of the transportation network. New development is occurring in the vicinity of the West Avenue Bridge Project. The Sunset Harbour neighborhood, bordered by Alton Road, Dade Boulevard, 20th Street, and Biscayne Bay, is becoming South Beach's newest attraction. Currently, the City is constructing a new high-end parking garage, on Purdy Avenue, with 450 spaces and 30,000 square feet of retail space on the ground floor. A new mixed-use condo tower is proposed for development at 1201 20th Street (where Mark's Cleaners was located). The Fresh Market recently opened at 1800 West Avenue. New restaurants have started to operate including Morgan's, Barceloneta, and Pubbelly's Sushi, with more expected to open in the near future. The West Avenue Bridge Project will help alleviate traffic demand in the Sunset Harbor neighborhood, due to this new development, and will improve traffic safety in the neighborhood. Currently, people do not have many options to leave the Sunset Harbor neighborhood. Instead, vehicles are making illegal turns at intersections. The bridge will improve connectivity in the area for multiple modes of travel. This new addition to the City's transportation network will provide more choices for residents, workers, and visitors to drive, walk, or bike to their choice of destination. It is anticipated that by providing more choices for travel, the use of motor vehicles in the area may be reduced and increase safety. ANALYSIS A range of preliminary alternatives were developed as part of the PD&E Study. Through information gathered from previous studies, public comments, field data, and engineering analysis, the preliminary alternatives were refined to the following: No Build Alternative Under the National Environmental Policy Act (NEPA), every federally funded project must have a "No Build" or "No Action" alternative. The No-Build ("Do Nothing") Alternative will not provide any additional roadway improvements beyond the already programmed City, FOOT, or County projects, such as traffic signal and pedestrian safety improvements, leaving the existing facil.ities largely unchanged from the present configuration. 449 Commission Memorandum -West Avenue Bridge Project Apri/11, 2012 Page 3 of7 Transportation System Management (TSM) Alternative The TSM Alternative includes low-cost improvements designed to max1m1ze the utilization and efficiency of the present transportation system, including both the primary Project limits and secondary Project limits, along portions of 1 ih Street and Dade Boulevard. Like the No Build Alternative, it will include already programmed City, FOOT, and County projects. The TSM Alternative can be categorized as a widening project within the right of way. Proposed improvements could include the following: • Pavement resurfacing from Lincoln Road to 1 ih Street and from Dade Boulevard to 18th Street • Restriping existing typical section to include five-foot wide bicycle lanes • Widening to obtain a net gain of 1-foot over the existing sidewalks on each side of the Project corridor The proposed typical section for the TSM Alternative would consist of two 5 foot bicycle lanes, two 11- foot travel lanes, 1 0-foot wide center turn lanes, two 8-foot parallel parking lanes, and 6-foot concrete sidewalks on each side. Build Alternatives Each of the Build Alternatives would include the same enhancements proposed for the TSM Alternative for existing improvement areas, from Lincoln Road to 1 ih Street, and from Dade Boulevard to 18th Street. Bike lanes, however, would be wider, (5.5 feet) over the bridge section. Different typical bridge sections with two, three, four, and five lanes are being considered, from 1 ih Street to Dade Boulevard, in all Build Alternatives. The following descriptions outline the differences among the four Build Alternatives that will entail new construction. The differences are mainly limited to bridge width and configuration (i.e. lane width, number of lanes, turn lanes, etc.). Note that there are some common elements to all that are the same dimension for each Build Alternative, including 1 0-foot sidewalks, 5.5-foot wide bicycle lanes (to match the roadway curb and gutter section}, and safety railings on either side of the bridge. Alternative 1 This alternative consists of a two-way low-level bridge over the Collins Canal. The bridge would include two through lanes. Alternative 2 This alternative also consists of a two-way low-level bridge over the Collins Canal. It includes an exclusive left turn lane in the southbound direction, and two through lanes. Alternative 3 This alternative consists of a two-way low-level bridge over the Collins Canal. It includes an auxiliary left-turn lane in the southbound direction, an exclusive right turn lane in the northbound direction, and two through lanes. Alternative 4 This alternative consists of a two-way low-level bridge over the Collins Canal. It includes one travel lane in each direction, two exclusive left turn lanes in the southbound direction, and one exclusive right turn lane in the northbound direction. 450 Commission Memorandum -West Avenue Bridge Project Apri/11, 2012 Page4 of7 A traffic operations analysis was performed for existing (2011 ), Project opening year (2015), interim year (2025), and design year (2035) traffic conditions. The analysis was performed for A.M., midday, and P.M. peak period conditions. Existing Conditions Under the existing conditions (2011) analysis, the intersections within the study area experience delays ranging from 10.9 seconds to 53.3 seconds. Future Traffic Volumes Future traffic forecasts were developed for the no-build alternative using annual growth rates of 0.88% (Alton Road and West Avenue), 1.78% (Dade Boulevard and 17th Street), and 0.5% (all other roadways) developed from both historical trends and volumes obtained from the Southeast Florida Regional Planning Model (SERPM). Future volumes for the build alternatives were based upon the no-build volumes adjusted to account for project travel pattern changes associated with the construction of the bridge obtained from origin-destination study data and SERPM model analyses. The diversion of traffic from Alton Road to West Avenue, expected by the addition of the bridge, will result in 2% diversion north of Dade Boulevard, and 10% diversion south of 17th Street. During peak hours, there will be an average increase of 3 vehicles per minute on West Avenue in each direction south of the bridge. The 1 0% increase in vehicles south of 17th Street is not necessarily driving from 1 th Street to 5th Street; they will be making left turns throughout the corridor to go east. Future Conditions If no bridge is built, intersection delays are expected to further increase from existing conditions, with future delays ranging from 12.5 seconds to 234.5 seconds. Roadway segment speeds are expected to decrease with the expected growth in traffic volumes from 2011 through 2035. Given the increase in congestion associated with the no-build conditions, the Alton Road corridor is expected to operate under increasingly poor conditions and regional traffic may utilize West Avenue at an increasing rate. Under the preferred Alternative 2, intersection delays are expected to be 13.5 seconds to 119.9 seconds. PUBLIC INVOLVEMENT Public Involvement is an integral part of any transportation project. A Public Involvement Program (PIP) was developed for this Project to allow for communication between the Project team and the public about the Project's purpose, needs, options, and constraints. The overall goal of the outreach program was to help ensure that the study reflects the values and needs of the communities it is designed to benefit. Through the outreach program, the feedback from stakeholders was recorded. Two public workshops were conducted for the PD&E study: a Kickoff meeting on September 13, 2011, and an Alternatives meeting on November 15, 2011. Attendees were provided with a Project overview, and an explanation of the PD&E study process. Attendees were encouraged to participate in the process by providing input on the study. The meeting consisted of a brief presentation of the Project. Exhibits were placed throughout the meeting room with staff member answering questions about the project. Individual briefings were held during the course of the study with home and condominium associations 451 Commission Memorandum -West Avenue Bridge Project Apri/11, 2012 Page 5 of7 and other interested stakeholders. Below is a list of the meetings held concerning this Project. TABLE 1: PUBLIC MEETINGS SUMMARY Alternatives Public Workshop West Bay Plaza Association Briefing Transportation and Parking Committee Belle Isle Residents Association Flamingo Park Neighborhood Association Transportation Aesthetics Review Committee of the MPO Sunset Harbour/Sunset Island 3&4 November 18, 2011 January 9, 2012 January 1 , 2012 February 6, 2012 February 10, 2012 February 27, 2012 March 20, 2012 Miami-Dade County Government Center Townhomes Su Harbor VFW Post 1688 West Avenue Miami Beach Regional At the Alternatives Workshop held in November 2011, about half of the attendees favored a vehicular bridge, while the other half favored a pedestrian bridge. However, a pedestrian bridge does not qualify as a capacity improvement and is not eligible for funding. During the individual briefings: 1688 West generally favored the Project; The Transportation and Parking Committee endorsed it; Belle Isle Residents Association favored it; the Flamingo Park Neighborhood Association took no official position; the TARC/MPO endorsed it; Sunset Harbour generally favored it; Sunset Island 3 & 4 took no position; and the West Avenue Neighborhood Association opposed it. At the Public Hearing of March 2012, there were 66 people present. The comments were generally as follows: the president of the West Avenue Neighborhood Association spoke against the bridge, as did the president of the Lower North Bay Road Association unless something could be done to limit cut- through traffic on Lower North Bay Road. Speaking in favor of the Project were the president of Belle Isle Residents Association and residents of Sunset Harbour. The president of the Sunset Harbour Association indicated that he would submit a comment card in favor of the Project. It should also be noted that there was a speaker who provided inaccurate information about the number of trips diverted from Alton Road to West Avenue. Overall, the tone of the majority of those present did not seem to embrace the project. LOCALLY PREFERRED ALTERNATIVE The No Build, TSM, and all of the Build Alternatives were evaluated in a matrix against a set of criteria related to engineering details; construction feasibility; environmental, social, and physical impacts; costs; and multimodal accommodations. As presented in the Evaluation Matrix, Alternative 2 scored the highest because it better addresses the purpose and need of this Project. (The preferred selection matrix has also been reviewed and approved by the Florida Department of Transportation, the local Administrator of the PD&E Federal funding.) As described previously, Alternative 2 is a two-way low-level bridge over the Collins Canal with an 452 Commission Memorandum -West Avenue Bridge Project Apri/11, 2012 Page 6 of7 exclusive left turn lane in the southbound direction, two through lanes, 1 0-foot sidewalks, 5.5-foot wide bicycle lanes, and safety railings on either side of the bridge. This Alternative provides numerous benefits and is needed to provide additional roadway capacity through the construction of a new transportation infrastructure link in the roadway network, as well as: • Improve mobility and connectivity between neighborhoods • Enhance multi-modal connections and provide multi-modal options in the City's transportation system • Improve safety and connectivity for pedestrians, bicyclists and vehicles With a typical section of less than 70 feet, and matching the existing typical section of West Avenue, it minimizes the need for right of way acquisition from the HACMB, therefore, leaving vacant land for further development on the east and the west side of the easement. It will also reduce environmental impacts to the Collins Canal. This proposed typical section will not be intrusive to the residential community. It provides connectivity, a pedestrian friendly environment, a connection to other existing and future bicycle facilities in the area and an option for local traffic to connect to local neighborhoods. FUNDING A preliminary estimated budgetary opinion of the West Avenue Bridge Project, including the PD&E Study, architectural/engineering services, construction, and the costs associated with land acquisition for the bridge ROW, is approximately $5,369,569 (Table 2). Table 2. West Avenue Bridge Project Cost Planning and Design Phase PD&E $698,000 Engineering $561,372 Subtotal $1,259,352 Design Contingency $158,068 Total Planning and Design Phase $1,417,420 Construction Phase Construction $1,978,559 PE & CEI $133,846 Subtotal Construction Phase $2,047,443 Contingency (10%) $204,744 Total Construction Phase $2,317,149 ROW Land Acquisition $1 ,635,000 lmmttiWI ll,lll~llt The City has received a total of $1 ,259,372 in FHPP funding for planning and design. The City has also allocated People's Transportation Plan (PTP) funds in the amount of $797,720 and Concurrency Mitigation Funds in the amount of $108,068, for planning, design, construction, and land acquisition. The City has also secured Miami-Dade County (County) District 8 Road Impact Fee (RIF) funds in the amount of $3,011,000 for the Project, leaving an unfunded balance of $193,429, which can be paid for with future year PTP or Concurrency funds. 453 Commission Memorandum -West Avenue Bridge Project Apri/11, 2012 Page 7 of7 THE CITY'S PROPOSED PURCHASE OF THE HACMB EASEMENT The implementation of the Project requires that the City acquire a right-of-way through property presently owned by the Housing Authority of the City of Miami Beach (HACMB). On July 14, 2010, pursuant to Resolution No. 2010-27451, the Mayor and City Commission approved a Purchase and Sale Agreement with HACMB, as well as a Development Agreement (which was approved on second and final reading on September 15, 2010, pursuant to Resolution No. 2010-27490), for the purchase of a permanent easement over property owned by HACMB (the City Easement), in the amount of $1,635,000, to be utilized to develop and construct the Project. On June 1, 2011, the City approved a resolution to execute a Joint Participation Agreement with Miami-Dade County for Road Impact Fee (RIF) funds, in the amount of $3,011,000, for land acquisition and construction, and to re-appropriate $18,211 of People's Transportation Plan funding for land acquisition. The cost for the land acquisition is $1 ,635,000. Pursuant to the Purchase and Sale Agreement (and the Development Agreement) the City has a period within which to conduct its "due diligence," as it deems appropriate, in order to determine whether or not to proceed with the purchase of the City Easement. The current due diligence period expires on May 1, 2012 (Note: The due diligence period originally expired on September 15, 2011, but was extended by mutual agreement of the parties; first to January 15, 2012, and then to the current date of May 1, 2012). If the City Commission determines that it does not want to proceed with development and construction of the Project then, pursuant to the Purchase and Sale Agreement, the City may elect to terminate the contract, without further liability, but must notify HACMB of its intention to do so prior to May 1, 2012. It should also be noted that, subsequent to the City and HACMB's respective approval and execution of the Purchase and Sale Contract and the Development Agreement, HACMB has received multiple offers for the parcel it owns (Parcel C) adjacent to the proposed City Easement property (Parcels A and B). Three of these offers also include options to purchase the City Easement property--Parcels A and B; should the City elect not to proceed with the purchase of the City Easement. HACMB is currently negotiating with the proposed purchaser who made the highest offer, and that offer includes an option to purchase Parcels A and B for a sum greater than the price that the City negotiated for purchase of the City Easement (i.e. approximately $2,000,000 vs. the City's $1,635,000 purchase price) (See Attachment). Again, the aforestated information is pertinent to the discussion today, as it is extremely unlikely that HACMB will grant the City any additional extensions to continue conducting our due diligence. Therefore, it is critical that the Mayor and City Commission elect today whether or not to proceed with the Project, and thus whether to proceed with the purchase of the City Easement. CONCLUSION The Administration recommends approving Alternative 2 as the preferred alternative for the West Avenue Bridge Project. If Alternative 2 is approved, then, as authorized pursuant to Resolution No. 2010-27451 (which approved the Purchase and Sale Agreement), the City will also proceed with the closing for the purchase of the City Easement, which is required for development and construction of the Project. Attachment ~from HACMB regarding purchase of Parcels JMG/J~FHB/~ T:\AGENDA\2012\4-11-12\WestAve Bridge POE Study-MEMO-4-11-2012 FINAL.docx 454 RESOLUTION NO.------- A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE PREFERRED ALTERNATIVE (ALTERNATIVE 2) FOR DEVELOPMENT AND CONSTRUCTION OF THE WEST AVENUE BRIDGE PROJECT, AS PRESENTED IN THE PROJECT DEVELOPMENT AND ENVIRONMENT STUDY (PD&E), AND AS RECOMMENDED BY THE CITY'S CONSULTANT, GANNETT FLEMING. WHEREAS, the West Avenue Bridge Project (Project) proposes to construct a new bridge over the Collins Canal, at West Avenue, in order to help alleviate traffic congestion along Alton Road and along 1 ih Street; improve transit, bicycle, and pedestrian mobility and safety; provide a more direct connection to the Sunset Harbor neighborhood; and reduce the potential for traffic safety conflicts at the intersections of Dade Boulevard and Bay Road; and WHEREAS, the Project is partially federally funded, which triggers the need for complying with the National Environmental Policy Act (NEPA), and for the completion of a Project Development and Environment (PD&E) Study; and WHEREAS, the construction of the Project will help alleviate some of the expected traffic demand expected in the Sunset Harbor neighborhood, due to new development in the area, and it will improve traffic safety in the neighborhood; and WHEREAS, this new addition to the City's transportation network will provide more choices for residents, workers, and visitors to walk, bike, or drive to their choice of destination; and WHEREAS, a range of preliminary alternatives were developed as part of the Project PD&E Study; and WHEREAS, the No-Build ("Do Nothing") Alternative will not provide any additional roadway improvements beyond the already programmed City, FOOT, or County projects, such as traffic signal and pedestrian safety improvements, leaving the existing facilities largely unchanged from the present configuration; and WHEREAS, the TSM Alternative includes low-cost improvements designed to maximize the utilization and efficiency of the present transportation system, including both the primary Project limits, and secondary Project limits along portions of 17th Street and Dade Boulevard; and WHEREAS, the "Build" Alternatives are as follows: Alternative 1, with two through lanes, two bike lanes, and two sidewalks; Alternative 2, adding an exclusive southbound left turn lane to Alternative 1; Alternative 3, adding an exclusive right turn lane in the northbound direction to Alternative 2; and Alternative 4, adding a second left turn lane in the southbound direction to Alternative 3; and WHEREAS, a Public Involvement Program (PIP) was developed to allow for communication between the Project team and the public about the Project's purpose, needs, options, and constraints; and WHEREAS, two public workshops were conducted for the PD&E study: a Kickoff meeting on September 13, 2011, and an Alternatives meeting on November 15, 2011; and 455 ~ WHEREAS, individual briefings were held during the course of the PD&E Study with City officials; home and condominium associations; and other interested stakeholders; and WHEREAS, a public hearing was held on March 27, 2012; invitations were sent to property owners, public officials, and other stakeholders; and WHEREAS, the Administration is recommending Alternative 2 as the locally preferred alternative because it best addresses the purpose and need of this Project; and WHEREAS, the implementation of the Project requires that the City acquire a right-of-way (the City Easement) through a parcel presently owned by the Housing Authority of the City of Miami Beach (HACMB); and WHEREAS, accordingly, on July 14, 2010, the Mayor and City Commission approved Resolution No. 2010-27451, approving a Purchase and Sale Agreement with HACMB (as well as a Development Agreement, which was approved on second and final reading on September 15, 2011 , pursuant to Resolution No. 2010-27490), for the purchase of the City Easement, in the amount of $1,635,000, for the development and construction of the Project; and WHEREAS, contingent upon the approval of the preferred alternative, as recommended in this Resolution, the City will move forward with the purchase of the City Easement; and WHEREAS, in the alternative, if the City Commission elects not to move forward with the Project, then the City may elect to terminate the Purchase and Sale Agreement, without liability, but must do so prior to May 1, 2012 (which is the end of the City's "due diligence" period under the 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 approve the preferred alternative (Alternative 2) for development and construction of the West Avenue Bridge Project, as presented in the Project Development and Environment Study (PD&E), and as recommended by the City's consultant, Gannett Fleming. ATTEST: PASSED AND ADOPTED this ___ day of ___ , 2012. CITY CLERK 456 MAYOR , APPROVED AS TO ::J=ORM & LANGUAGE c,.AFOR EXECUTION ~-4-11--- 0ate THE HOUSING AUTHORITY OF THE CITY OF MIAMI BEACH BOARD OF COMMISSIONERS MICHAEL R. BAND CHAIRPERSON EMILIO 0. FERNANDEZ VICE CHAIRPERSON March 27, 2012 Finvarb Group c/o Ronald J. Finvarb 9425 Harding Avenue Surfside, Florida 33154 Dubrow Development, LLC c/o Mark Dubrow 444 N .E. Wavecrest Court Boca Raton, Florida 33432 Solutions RE c/o Moshe Schwartz, Manager 7300 Biscayne Boulevard Suite 300 Miami, Florida 33138 200 ALTON ROAD MIAMI BEACH, FL 33139·6742 TEL: 305·532·6401 FAX: 305·674·8001 TOO: 1·800·545·1833 EXT. 773 WWW.HACMB.ORG Re: Purchase of 1231-1251 17th Street, Miami Beach, Fl33139 Dear Gentlemen: RAYMOND ADRIAN COMMISSIONER EUGENIO CABREJA COMMISSIONER MIGUELL DEL CAMPILLO EXECUTIVE DIRECTOR This correspondence is issued to confirm that the Housing Authority of the City of Miami Beach (HACMB) Board of Commissioners voted to negotiate with the highest net purchase offer issued by Finvarb Group. The HACMB staff was directed to negotiate a purchase and sale agreement and to bring said negotiated agreement to the April17, 2012 HACMB Board meeting for review and approval. The Purchase price offered by Finvarb Group was as follows: (a) 7,025.000.00 for Parcels A, B, and C, if the City of Miami Beach does not acquire the easement rights to Parcels A and B. (b) $5,025,00 for Parcel C, if the City of Miami Beach does acquire the easement rights to Parcels A and B. 457 Letter regarding Purchase Offers for 1231-1251 17th Street March 27, 2012 Page2 of2 If you would like a copy of the proposals, which were opened, at approximately 10:39 a.m., today, during the HACMB Board meeting, please advise me of same, and I will gladly provide a copy of the three proposals to you. Thank you. Very truly yours, ~~ HACMB General Counsel cc: Miguell Del Campillo, Executive Director HACMB Board of Commissioners Michael O'Hara, Director of Housing Development Programs Alfred Andreu, Closing Counsel Reply to: Figueredo & Boutsis, P.A., 18001 Old Cutler Road, Suite 533 Miami, Florida 33157-6416 Telephone: (305) 235-9344; Facsimile (305) 235-9372 458