97-22554 RESO
RESOLUTION NO. 97-22554
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, AUTHORIZING THE ADMINISTRATION TO
ENTER INTO A ONE-YEAR LEASE AGREEMENT, WITH OPTION TO
RENEW FOR A SECOND YEAR, WITH GATEWAY DEVELOPMENT
CORPORATION, FOR THE LEASE OF 21,500 SQUARE FEET OF LAND
WITHIN BLOCK 103 OF OCEAN BEACH ADDITION NO.3, AT $7.50 PER
SQUARE FOOT, TO BE USED AS A TEMPORARY PARKING FACILITY
FOR THE ELECTROWAVE PARK-AND-RIDE DEMONSTRATION SERVICE;
AND, FURTHER AUTHORIZING THE APPROPRIATION OF $186,250 IN
FY 1997-98 CITY BRIDGE LOAN FUNDS, OF WHICH $161,250 WILL
FUND THE FIRST-YEAR LEASE COST AND $25,000 WILL FUND THE
REMOVAL OF A TEMPORARY STRUCTURE ON GATEWAY PROPERTY
AND CLEAR THIS AND THE NEIGHBORING CITY-OWNED SITE FOR
PARKING LOT PREPARATION PURPOSES.
WHEREAS, the development of a parking lot on the south side of Fifth Street
to capture the incoming MacArthur Causeway visitor/tourist traffic is essential to the
success of the nascent Electrowave Park-and-Ride Demonstration Program; and
WHEREAS, such a location has been identified as Block 103 of Ocean Beach
Addition No.3, which parcels are owned either by Gateway Development Corporation
or the City and, combined, would yield approximately 88 parking spaces; and
WHEREAS, Gateway Development Corporation is willing to enter into a short-
term lease agreement with the City for 21 ,500 square-feet of property at $ 7.50 per
square foot.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION
OF THE CITY OF MIAMI BEACH FLORIDA, that the Mayor and City Commission
authorize the Administration to enter into a one-year Lease Agreement, with option to
renew for a second year, with Gateway Development Corporation, for the lease of
21,500 square feet of land within Block 103 of Ocean Beach Addition No.3, at $7.50
per square foot, to be used as a temporary parking facility for the Electrowave Park-
and-Ride Demonstration Service; and, further authorize the appropriation of $186,250
in FY 1997-98 City bridge loan funds, of which $161,250 will cover the first-year
lease cost and $25,000 will fund the removal of a temporary structure on Gateway
property and clear this and the neighboring City-owned site for parking lot preparation
purposes.
PASSED AND APPROVED this the
, 1997.
ATTEST:
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CITY CLERK
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TO:
FROM:
SUBJECT:
COMMISSION MEMORANDUM NO.
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Mayor Seymour Gelber and
Members of the City Co sion
DATE: October 8,1997
Jose Garcia-Pedrosa
City Manager
A RESOLUTIO OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, AUTHORIZING THE ADMINISTRATION TO
ENTER INTO A ONE-YEAR LEASE AGREEMENT, WITH AN OPTION TO
RENEW FOR A SECOND YEAR, WITH GATEWAY DEVELOPMENT
CORPORATION, FOR THE LEASE OF 21,500 SQUARE FEET OF LAND
WITHIN BLOCK 103 OF OCEAN BEACH ADDITION NO.3, AT $7.50 PER
SQUARE FOOT, TO BE USED AS A TEMPORARY PARKING FACILITY
FOR THE ELECTROWA VE PARK-AND-RIDE DEMONSTRATION SERVICE;
AND, FURTHER AUTHORIZING THE APPROPRIATION OF $186,250 IN
FY 1997-98 CITY BRIDGE LOAN FUNDS, OF WHICH $161,250 WILL
COVER THE FIRST-YEAR LEASE COST AND $25,000 WILL FUND THE
REMOVAL OF A TEMPORARY STRUCTURE ON GATEWAY PROPERTY
AND CLEAR THIS AND THE NEIGHBORING CITY-OWNED SITE FOR
PARKING LOT PREPARATION PURPOSES.
ADMINISTRATION RECOMMENDATION
Approve the Resolution.
BACKGROUND
At the July 16, 1997 meeting, the City Commission instructed the Administration to
recommend temporary lease arrangements for open lots on 5th Street to serve the
immediate parking needs of the Electric Shuttle (Electro wave) Park-and-Ride
Demonstration Program. The Administration met separately with James F. Silvers and
Jose Fernandez, the owners of the two properties on the south side of 5th Street, who
agreed to a $ 7.50 per square-foot rate and a basic lease term of one year with the
option to extend for one additional year.
1. Gateway Development Corporation (Jimmy Silvers) parcels located within the
Block 103, Ocean Beach Addition No.3, bounded by Fifth Street, Lenox
Avenue, 4th Street, and Alton Road. The leasable portions of these parcels
contain 21,500 square feet of already paved land and approximately 46 parking
spaces at $161 ,500/year. The square-footage/cost calculation excludes the 20
AGENDA ITEM
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spaces allocated by zoning requirements to Burger King-end Carvell Ice Cream.
These 20 spaces, however, could be used for park-and-ride purposes after
10:00 p.m. every day, when restaurant-customer parking demand decreases.
The adjacent City-owned lot could also yield 22 parking spaces after being
paved and striped for this purpose. The combined total parking on all parcels
would be approximately 88 parking spaces. Attached herein is the site plan for
Block 103.
2. Jose Fernandez parcel, the northern portion (13,000 square-feet) of property
bounded by 5th Street, Michigan Avenue, 4th Street, and Lenox Court (alley)
would yield approximately 40 parking spaces, at a lease price of $97,500. The
City would be responsible for paving/striping, fencing/landscaping, and lighting
the lot for park-and-ride purposes.
Please note that the owners of the former Luke's Club property expressed no interest
in the City-proposed terms for a lease arrangement, as expressed by Mr. Paul Lester's
letter dated June 27, 1997, and herein attached.
ANAL YSIS
Due to the immediate need for a parking lot on 5th Street for the Electrowave Park-and
Ride Service, the Administration believes that a short-term lease-agreement with
Gateway Development Corporation for 21,500 sq. ft. of land, within Block 103 of
Ocean Beach Addition No.3, would be advantageous for the following reasons:
~ The largest portion of the Gateway-owned parcels are already developed as
parking lots. The area has three drainage wells, two catch basins, and three
trench drains. Only the corner parcel at Alton Road and 5th Street will require
the removal of a temporary structure, a new asphalt coating, and restriping to
maximize parking availability.
~ Block 103 contains the following open lot-areas which, combined, would
provide approximately 88 parking spaces for the initial park-and-ride program:
* 21,500 sq.ft.-parcels proposed for lease-agreement = 46 spaces
* City parcel to be developed for parking purposes = 22 spaces
* Parking spaces dedicated to Burger King/Carvell Ice Cream = 20 spaces
The terms proposed by Gateway Development Corporation are as follows:
~ The lease of 21,500 square feet of land at $7.50 per square foot
~ A one-year lease agreement with the option to renew for one additional year.
Funding Sources: The Administration recommends that, initially, the City provide a
bridge loan in the amount of $186,250, to be repaid from South Pointe tax increment
bond proceeds. Note: The Administration is contemplating issuing TIF bonds this fall
in the amount of up to $24 million. The $186,250 would fund the following
expenses:
o $1 61 ,250 to cover the one-year lease cost, and -,,-'
o $ 25,000 to fund the removal of a temporary structure on Gateway's corner
lot (Alton Road and 5th Street), and of a masonry wall at the City lot, plus
clearing/grubbing both lots for park-and-ride lot preparation.
The Parking Department will prepare the City lot at Alton Road and 4th Street for
parking purposes, using proceeds of a Parking Revenue Bond Fund.
The Electrowave Budget per se has been established, under a Joint Participation
Agreement with FOOT, exclusively for transit service development, and cannot be used
to fund land leases or park-and-ride lot preparation.
As to the Jose Fernandez property, the Administration and MBTMA agree that the City
should try one park-and-ride facility at a time and gauge the success of the first lot
prior to recommending the lease of a second lot to the City Commission. In
anticipation of future expansion needs, we will keep a dialogue open with Jose
Fernandez regarding the property located just eastward of Block 103 on Alton Road.
CONCLUSION
The establishment of a basic park-and-ride lot to capture the incoming traffic from the
MacArthur Causeway is essential to the success of the E/ectrowave Park-and-Ride
Demonstration Program. Therefore, the Administration recommends approval of the
subject lease.
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