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R7D-Accept Recomm Development Of Parking Garage On 42nd Street And Jefferson AvCOMMISSION ITEM SUMMARY Condensed Title: A Resolution of the Mayor and City Commission of the City of Miami Beach, Florida, accepting the Recommendation of the Finance and Citywide Projects Committee to have the Administration and City Attorney's Office explore a potential public-private partnership with LSN Partners, LLC forthe development of a parking garage on 42nd Street and Jefferson Avenue, and report back to the Committee. lntended Outcome Ensure Comprehensive Mobility Addressing All Modes Throughout The City. Supporting Data (Surveys, Environmental Scan, etc.): Miami Beach Customer Survey indicates 74o/o of residents and72o/o of businesses rate the availability of parking across the City as too little or much too little. Availability of parking was one of the changes residents identified to make Miami Beach a better to live. work or plav. Item S ummary/Recommendation : On November 19, 2014, the Mayor and Commission approved a referral item requested by Commissioner Weithorn, for a discussion regarding a public-private partnership for a two-story parking garage to be erected over both Municipal Parking Lot No. P62, located at 836 42nd Street and a private parking lot, located at 830 42nd Street (between Jefferson and Meridian Avenues). On April 8,2015, the Finance and Citywide Projects Committee (FCWPC) recommended that the Administration and City Attorney's Office meet with LSN Partners, LLC and explore a public- private partnership for the development of a parking garage on Municipal Parking Lot No, P62, located on 42nd Street and Jefferson Avenue and the adjacent private parking lot. The FCWPC recommended having the Administration and City Attorney's Office explore a potential public-private partnership with LSN Partners, LLC for the development of a parking garage on 42nd Street and Jefferson Avenue, and report back to the Committee. Administration Recommendation: Adopt the Resolution. Financial lnformation : Source of Funds: Amount Account 1 2 3 OBPI Total Financia! lmoact Summarv: Clerk's Office Saul Frances T:\AGEN DA\20 1 5\May06\T:\AGEN DAVO 1 5\May0620 1 AGENDA rrer,r I{7 DMIAMI&TACH DATI 96 -,r582 g MIAMIBEACH City of Miomi Beoch, lZ00 Convention Center Drive, Miomi Beoch, Florido 33,l39, www.miomibeochfl.gov COMMI SION MEMORANDUM Mayor Philip Levine and Members the Jimmy L. Morales, City Manager May 6, 2015 A RESOLUTION OF THE MA MIAMI BEACH, FLORIDA, ACC FINANCE AND GITYWIDE PROJECTS COMMITTEE TO HAVE THE ADMINISTRATION AND CITY ATTORNEY'S OFFICE EXPLORE A POTENTIAL PUBLIC.PRIVATE PARTNERSHIP WITH LSN PARTNERS, LLC FOR THE DEVELOPMENT OF A PARKING GARAGE ON 42ND STREET AND JEFFERSON AVENUE, AND REPORT BACK TO THE COMMITTEE. BACKGROUND On November 19, 2014, the Mayor and Commission approved a referral item requested by Commissioner Weithorn, for a discussion regarding a public-private partnership for a two- story parking garage to be erected over both Municipal Parking Lot No. P62, located at 836 42nd Street, and a private parking lot, located at 830 42nd Street (between Jefferson and Meridian Avenues). ANALYSIS On April 8,2015, the Finance and Citywide Projects Committee (FCWPC) recommended that the Administration and City Attorney's Office meet with LSN Partners, LLC and explore a public-private partnership for the development of a parking garage on Municipal Parking Lot No, P62, located on 42no Street and Jefferson Avenue and the adjacent private parking lot. CONCLUSION The FCWPC recommended having the Administration and City Attorney's Office explore a potential public-private partnership with LSN Partners, LLC for the development of a parking garage on 42nd Street and Jefferson Avenue, and report back to the Committee. & +4 $t JLM/Kb6/SF T:\AGEN DA\201 5\May06201 5\RecommendationFCWPCP62JV.cme.doc TO: FROM: DATE: SUBJECT:AND CITY COMMISSION OF THE CITY OF THE RECOMMENDATION OF THE 583 RESOLUTION NO. A RESOLUTION OF THE MAYOR AND CITY GOMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND CITYWIDE PROJECTS COMMITTEE TO HAVE THE ADMINISTRATION AND CITY ATTORNEY'S OFFICE EXPLORE A POTENTIAL PUBLIC.PRIVATE PARTNERSHIP WITH LSN PARTNERS, LLC FOR THE DEVELOPMENT OF A PARKTNG GARAGE ON 42ND STREET AND JEFFERSON AVENUE, AND REPORT BAGK TO THE COMMITTEE. WHEREAS, on November 19, 2014, the Mayor and Commission approved a referral item requested by Commissioner Weithorn, for a discussion regarding a public-private partnership for a two-story parking garage to be erected over both Municipal Parking Lot No. P62, located at 836 42nd Street, and a private parking lot, located at 830 42nd Street (between Jefferson and Meridian Avenues); and WHEREAS, on April 8,2015, the Finance and Citywide Projects Committee (FCWPC) recommended that the Administration and City Attorney's Office meet with LSN Partners, LLC and explore a public-private partnership for the development of a parking garage on Municipal Parking Lot No, P62, located on 42nd Street and Jefferson Avenue and the adjacent private parking lot; and WHEREAS, the Administration will conduct said analysis and provide its findings to the Committee. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE C!ry OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby accept the recommendation of the Finance and Citywide Projects Committee to have the Administration and City Attorney's Office explore a potential public- private partnership with LSN Partners, LLC for the development of a parking garage on 42nd Street and Jefferson Avenue and report back to the Committee. PASSED AND ADOPTED this day of 2015. ATTEST: Rafael E. Granado, City Clerk Philip Levine, Mayor 4-:&-15 - Dote T:\AGENDA\2015\May\Parking\RecommendationFCWPCP62JV050620'15. res.doc 584 THIS PAGE INTENTIONALLY LEFT BLANK 585