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C4F-Ref- FCWPC - Live Nation Management Agreement For Jackie Gleason Theaterg MIAMI BEACH Clty of Mioml Beoch. 1700 Convenlion Center Drive, Miqmi Beoch, Florido 33139, www.miomibeochfl.gov COMMISSION MEMORANDUM To: Mayor Philip Levine and Memb"r, ot'th" City {ommission FRoM: Jimmy L. Morales, City Manager [.-=, F DATE: November 19,2014 SUBJECT: REFERRAL TO THE FINANGE ATD CITYWIDE PROJECTS COMMITTEE A DISCUSSION REGARDING THE LIVE NATION MANAGEMENT AGREEMENT FOR THE JACKIE GLEASON THEATER. BACKGROUND On September 10, 2014, the City Commission directed the Administration to prepare a traffic study related to the development of a convention center headquarter hotel on the City Commission approved site (refer to Exhibit A) at the corner of 17th Street and Convention Center Drive, behind the Fillmore Theater. Completion of hotel traffic study and City Commission guidance on maximum number of hotel rooms is expected to occur in December 2014. ln addition, the City Commission requested the Administration prepare a schedule for the potential procurement of a hotel developer. The following outlines hotel RFP schedule options and actions the Commission will need to take to meet the desired schedule. . October 2014 - Commission directs staff to begin the hotel RFP process and refers an item to the Land Use Committee to assess the minimum hotel parking requirement and maximum hotel height requirement.. November 2014 Planning Board takes action on the minimum hotel parking requirement and maximum hotel height requirement.. December2014o Land Use Committee takes action on the minimum hotel parking requirement and maximum hotel height requirement.o Completion of hotel traffic study and City Commission guidance on maximum number of hotel rooms.o City Commission first reading of any ordinances required for the minimum hotel parking requirement and maximum hotel height requirement.. January 2015o City Commission second reading of any ordinances required for the minimum hotel parking requirement and maximum hotel height requirement.o City Commission action to approve the Hotel RFP (including the lease template and room block agreement).r February 2015 - Pre-submission conference.. March 2015 - Proposals due.. April 2015 - Proposal analysis, interviews.. May 2015 - City Commission selection of the Hotel developer.. June-July - Finalize lease negotiations, draft ballot language.. August 2015 - City Commission approval of the ballot language and final lease.. September 4, 2015 - Ballot language and final lease to County Clerk.o November 2015 - Hotel Referendum.. 2016 Hotel design (if referendum passes). Agenda ttem C{F Date /t-l ?-/(/108 Commission Memorandum November 19, 2014 Finance and Citywide Projects Committee Referral - Live Nation Management Agreement Page 2 of 2 . 2017-2018 Hotel construction (opens 12 months after Convention Center project completion) ln evaluating potential site, it is probably that the hotel will impact the rehearsal hall / backstage performance space and loading dock of the Fillmore. Therefore, the Administration began preliminary conversations with Live Nation to discuss the potential impact of this to their operations and negotiate mutually acceptable terms if the City were to proceed with the Convention Center Hotel at this location following the November 2015 referendum. During these meetings Live Nation also raised some contractual terms that they would like renegotiated. CONCLUSION The Administration recommends referral to the Finance and Citywide Projects Committee for discussion and direction. T:\AGENDA\2014\November\TCED\Referral to fcwpc Live Nation Mgmt Agrmt MEMO.docx We ore commtlled to providing excellenf public service and safety k: oll who hve work ond ploy tn our vibranl. fropicol. historic communily 109