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378-2001 RESO RESOLUTION 378-2001 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, APPROPRIATING $11,187.15 FROM AVAILABLE 1998 TAX INCREMENT REVENUE BONDS IN ORDER TO REIMBURSE RDP ROYAL PALM LIMITED PARTNERSHIP FOR CERTAIN PERMIT FEES ASSESSED BY THE CITY'S BUILDING AND PLANNING DEPARTMENTS IN CONNECTION WITH THE ROYAL PALM CROWNE PLAZA RESORT PROJECT IN ACCORDANCE WITH SECTION 6.3(a) OF THE HOTEL DEVELOPMENT AGREEMENT BETWEEN THE MIAMI BEACH REDEVELOPMENT AGENCY AND RDP ROYAL PALM LIMITED PARTNERSHIP. WHEREAS, On May 28, 1998, the Miami Beach Redevelopment Agency ("Redevelopment Agency") and RDP Royal Palm Hotel Limited Partnership ("Developer") executed the Lease Agreement, the Hotel Development Agreement and other related agreements for the development and operation of the Royal Palm Crowne Plaza Resort in Miami Beach, Florida; and WHEREAS, in accordance with Section 6.3(a) of the Hotel Development Agreement, the Redevelopment Agency is responsible for paying any and all permit fees required to be obtained from the City of Miami Beach for the construction of the hotel, which include without limitation, all building permit applications, inspection and certification fees and impact and connection fees that the City levies through its Public Works and Building Departments; and WHEREAS, funding needs to be appropriated from time to time in order to pay said permit fees as required. NOW, THEREFORE BE IT DULY RESOLVED BY THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, that the Chairman and Members of the Miami Beach Redevelopment Agency authorize the appropriation of $11,187,15 from available 1998 Tax Increment Revenue Bonds to reimburse RDP Royal Palm for certain permit fees assessed by the City's Building and Planning Departments in connection with the Royal Palm Crowne Plaza Resort Project n accordance with Section 6.3(a) of the Hotel Development Agreement between the Miami Beach Redevelopment Agency and RDP Royal Palm Limited Partnership. PASSED AND ADOPTED this 10th day ofJanuary2001 IfJI CHAIRMAN ATTEST: J~6' f~ SECRETARY APPROVED AS TO FORM & lANGUAGE & FOR EXECUTION ~1l.--)"II4/ l\edevelopment Agency D8Ie GeneI8I Coun8lIl T:\Agenda\ 1999\Apr 14\royalp.res Miami Beach Redevelopment Agency 1700 Convention Center Drive Miami Beach, FIQrida 33139 Telephone: (305) 673- 7295 Fax: (305) 673- 7772 REDEVELOPMENT AGENCY MEMORANDUM NO. 0'- 5' January 10,2001 TO: Chairman and Members ofthe Board of the Miami Beach Redevelopment Agency FROM: Jorge M. Gonzalez Executive Director 64) SUBJECT: A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, APPROPRIATING $11,187.15 FROM AVAILABLE 1998 TAX INCREMENT REVENUE BONDS IN ORDER TO REIMBURSE RDP ROYAL PALM LIMITED PARTNERSIDP TO FUND CERTAIN PERMIT FEES ASSESSED BY THE CITY'S BUILDING AND PLANNING DEPARTMENTS FOR THE ROYAL PALM CROWNE PLAZA RESORT PROJECT IN ACCORDANCE WITH SECTION 6.3(a) OF THE HOTEL DEVELOPMENT AGREEMENT BETWEEN THE MIAMI BEACH REDEVELOPMENT AGENCY AND RDP ROYAL PALM LIMITED PARTNERSHIP. ADMINISTRATION RECOMMENDATION: Adopt the Resolution. ANALYSIS Pursuant to Section 6.3(a) of the Development Agreement between the Miami Beach Redevelopment Agency (the RDA) and RDP Royal Palm Limited Partnership (the developer), the RDA is responsible for paying any and all permit fees required to be obtained from the City for the construction of the hotel, which include without limitation, all building permit applications, inspection and certification fees and impact and connection fees that the City levies through Public Works and the Building Department. The RDA has been presented with invoices by the Developer, reflecting the following permit-related charges being assessed by the City: ~()UTti f)()I~1: I:?edevel()pment [)lstl1ct Agenda Item 3 B Date \ - 10 - 0 I Permit: City Department Amount Temporary Fencing H ~, - Planning Department - - Building Department - - Public Works Dept- $ 100.00 $ 108.85 $ 600.00 Temporary Construction Water Connection Installation of Windows and Sliding Glass Doors - Building Department - $10,378.30 Total: $11,187.15 To date, The RDA has paid $235,164.33 in City permit fees, which include the main building, electrical, mechanical, plumbing, fire, water and sewer impact and connection fees and demolition permit fees. At the time the Development Agreement was approved by the RDA and the City Commission, the construction budget contained in the Development Agreement reflected a line item for Building Permit Fees estimated to be in the amount of $151,434. Taking into account the payments the RDA has made to date of$235,164.33, and the proposed additional costs presented herein of$II,187.l5, the total costs to date will be $245,351.48 which exceeds the budget line item for Permit Fees by $93,917.48. Future additional fees will need to be paid and will include revised building permit fees, irrigation, roofing, certificate of occupancy, premise permit and other fees. In addition to permit fees, the RDA may be requested to assume further costs as a result of: I) Parking impact fees that will be assessed to comply with parking requirements, per the contract, for the new 7 -story replacement tower for the Royal Palm HoteL 2) Remediation of petroleum contamination found on site. 3) Delay claims as a result of the petroleum contamination and structural deficiencies with the Royal Palm Hotel, requiring its complete demolition and rebuilding, Parking Impact fees The Royal Palm will require modification of the Development Agreement between the RDA and the RDP to provide additional spaces in the 16 Street Garage or the payment of parking impact fees. Based on the preliminary plans submitted, a total of 107 additional spaces will be needed to satisfy zoning requirements. Unless additional spaces can be identified in the 16th Street Garage and/or within 1,200 feet ofthe site, the RDA will have to pay the City parking impact fees equivalent to $5,000.00 per space, as provided in the Development Agreement. Upon submission of final plans this issue will be addressed. Petroleum Contamination During the course of excavating the foundations for the Royal Palm, two areas of petroleum- contaminated soil were uncovered by Clark Construction (Contractor). In accordance with the indemnification clause in Section 35 of the Hotel Development Agreement between the Redevelopment Agency and RDP Royal Palm Hotel, LP, (the Developer), the Developer submitted two separate claims for reimbursement of the costs associated with the remediation of the contaminated fill, totaling $178,038. Pursuant to an analysis of the claims, the RDA has authorized the reimbursement of $146,333.59 to date. A third claim in the amount of$14,611 has been rejected for lack of adequate justification. Delay Claims The Developer is claiming construction delays stemming from the soil contamination, comprising 42 days and structural deficiencies, necessitating the demolition and rebuilding of the seven-story Royal Palm, totaling 184 days, per the developer's records. The Developer is also claiming an additional 262 days in structural delays as a result of City's plan approval/permitting process. The only claim to have a dollar amount associated with it, is the 42-day soil-contamination claim, for which the Developer is claiming $836,085, In correspondence dated June 24, 1999, the City Attomey denied any liability for the delay claim. As indicated in earlier reports to the RDA Board, outside counsel has been retained to determine the extent (if any) of the City/Agency's exposure/liability with respect to the Developer's claims. Extensive documentation, including but not limited to critical path schedules, contractor and sub-contractor daily reports and contractual and insurance documents are still being gathered and assessed. A final determination as to any merit of the delays claimed may not be possible until the end of the project. CONCLUSIONS In accordance with the provisions of the Development Agreement, it is recommended that funds be appropriated from time to time to pay the necessary City permit fees for the Royal Palm Crowne Plaza project. Upon receipt of requests from the developer for payment of permit fees, the Administration will formalize the requests in the form of resolutions appropriating the required funds. In this case, the appropriation requested is for $11,187.1 5 to cover certain permit fees assessed by the City's Building and Planning Departments, as described earlier in this report, JMG/CMC/kob ~ T:lAgenda\200 1 IJan1 OIRDA IRoyalp,doc