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Res. No. 198-97-10168· . RESOLUTION NO. 198-97-10168 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE ~ITY QF $QQTH MIAMI, FLQRIDA, RELATING TQ THE MQLTI-Q$E DEVELOPMENT/PARKING GARAGE, AWARDING A PROJECT FOR 12~$.LGN." G.QN$TRUG'tION" LEASING t\ND MANAGEMENT oe lj._ ~lcXED USE DEVELOPMENT AND PARKING GARAGE TO PROVIDE ADDITIONAL PARKING ON THE EXISTING MUNICIPAL PARKING LOT LOCATED AT S. W. '7 3'rtD STREET, S ~ W. '58'(r, AVENUE, AND $. ~ vv ~ !?$TH GOQB-::r 'to J::IJb-S.B-L" WG.,., WHEREAS, the City of South Miami issued a request for proposaJ.sfo-r Qes-ign, C0nstTtl-f!.ion, leasing and manqg~m~nt ()f ~ mixed-use development and parking garage with a primary objective tg Iepiqt.Gg tD,E;!, e,0,lst,iug pax>king" rn~,E;!.t, RCAx:J~j.ng requirements. G.t. tJ::te, mixed-use element of the project, and to provide additional ~hort-term parking tor the a-rea met'Gh(~mt;'3 ( to p~ loG~t~q on Gi ty- owned property at S.W. 73'1.0. Street, S.W. 58th Avenue, and S.W. 58t 'n C.c>U,rt ~ ~nci WHEREAS, two proposals were received by the city in response to th~ R~QlJ~~t tor P-roposal trom; l) Trop;lcai;f~ I!~Y~l()I?m~nt{ Inc., and 2)Phase 1, Inc. and, WHEREAS, both proposals have been reviewed by the city's Gonsulting eng'ineeringf-irm, C3'l'S tor technical compl!cmG~( V.f;j;~h one proposal receiving 81.5 points and the other proposal I~c:!?,:h Y:hI)g 8.0. po.:hI),tl? u.D-q~X t,D,~,:lJ; l?G.QIin,g $Yl?tE;!m, (l?~,e, CA.ttqt,G.D,~.(;t correspondence from C3TS)i and WHEREAS, both proposals have been reviewed by the Hometown l2il?tI:lG:t J::Cl,J;l>,ing GQlJlULit.tB,e". qt. G.Qrnmi-tt,e,e, G.O,.:;u;,ged, w.itb, Qv:~x:.$J.g.h,t, Qt the supply, convenience, safety and management of parking in the Hom~town D.istriGt~ 'l'h~ Bom~townDist-r.iGt Parking committ~~ determined that both proposals submitted represent viable PIo.je.G.tl?J. ~ith Cl. ~.-~ yo.tg l?,l\RRQIt,.ing tb,ei;)7 recommenda·t,i-on (sJ~.e, attached minutes)i and WHEREAS, the below named proj ect most closely meets the o.Qj!?,G.ti y~, 0.:( tOg c;.:lty t,Q :r;:~,$.RqJJd., t'o. SlJi, ~,0j,st.1ng and g,r.owi.ng parking shortage in the city's downtown retail district and provides strongest financial return to th~ G~ty~ NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1. That the Mayor and City Commission awar.d the project to Phase I for design, construction, leasing and- management of a multi-use/parking garage development to be located on city-owned property at S. W. 73 rd Street, S. W. 58 th Avenue, and S.W. 58 th Court. Section 4. upon approval. This resolution shall take effect immediately PASSED AND ADOPTED this 16 th day of ATTEST: ~ ~~ CITY CLERK READ AND APPROVED AS TO FORM: -~ ~2 ~:~ / (;~. f~~j)#' /L- f' CITY ATTORNEY CITY OF SOUTH MIAMI INTER-OFFICE MEMORANDUM To: Mayor and Commission Date: Subject: September 12, 1997 Agenda Item # ,,, Comm. Mtg. 9/16/97 Parking Garage/Mixed-use Project The attached resolution will award the proposed project for design, construction, leasing and management of a mixed-use development and parkir:1 garage to provide additional parkin! on the existing municipal parking lot located at SW 73 Street, SW 58 th Avenue, and SW 58 Court. Two proposals were received in response to the City's Request for Proposal: Tropicaire Development, Inc. Phase 1, Inc. The proposals have been reviewed, and minutes of the Hometown District Parking Committee, and the analysis prepared by the city's consulting engineering finn, C3TS, are attached for your review. Due to delays in convening a quorum of the Hometown District Parking Committee, the City Manager's review and recommendation has not been prepared for distribution at time of issuance of this agenda package. This recommendation will be made available on September 16, prior to the Commission meeting. SUMMARYMINUTES HOMETOWN DISTRICT PARKING COMMITTEE REGULAR MEETING WEDNESDAY, SEPTEMBER 11, 1997 Conference Room 5:30P.M. L CALL TO ORDER A. Dr. Anna Price, Mayor, called the meeting to order at 5:47 p.m. ll. ROLLCALL A. Mayor Anna Price; Ms. Lidia White; Mr. George Wilson; Ms. Cathy McCann; Mr. Michael Comras B. Ms. Diana Morris, Assistant to the City Manager; Mr. Ron Stroyne, Parking Director; Brian Soltz, Planner m. REQUESTS FOR REVIEW A. Submittals received in response to the Request for Proposal (RFP) 1. The Committee reviewed the two proposals received in response to the City's RFP for a mixed-use development project in the Hometown District. a. Mr. Javier Salmon, of C3TS, the City's consultant on the matter, began by referencing their letter to Ms. Diana Morris, dated August 21, 1997, which transmits the firm's findings to the City. b. Mr. Salmon continued by elaborating on the specifics of the letter, including the evaluation criteria used to assess the two proposals submitted to the City. c. During review, particularly in consideration that both proposals were rated closely in total number of points, Mayor Price inquired as to whether both teams had the ability to successfully complete the project, and Mr. Salmon responded affirmatively. d. As review continued, the Committee considered a range of issues, including financial matters, parking issues, project design questions, and Hometown Plan concerns. HDPC Min 09/11/97 1 ,~ I e. Motion: Mayor Price moved approval to recommend Team Number 1, or Phase I, Inc., for the project based on the following reasons (1) income to the City; (2) number of parking spaces; and (3) number of lease years after 50 years. f. Motion died for lack of second. g. Consideration of the matter continued, particularly in regard to financial concerns, including financial return, for the City as they involve the two projects. h. Second motion: Ms. Lidia White moved approval to recommend Team Number 2, or Tropicaire Development, Inc., for the project. Ms. McCann seconded the motion. i. Vote: Approved: 3 IV. MINUTES Opposed: 2 (Mayor Price) (Mr. Comras) A. Minutes from the August 8, 1997 meeting. 1. Motion: Ms. McCann moved approval of the Minutes for August 8, 1997, as submitted. Ms. White seconded the motion. 2. Vote: Approved: 5 Opposed: 0 v. REMARKS A. There were none. VIT. ADJOURNMENT A. There being no further business before the Committee, the meeting was adjourned at approximately 6: 15 p.m. B. Respectfully, 1. ________________ _ Mayor 2. ________________ _ Staff Liaison "City of Pleasant Living" HOPC Min 09/11/97 2 I~ Engineers Architects Planners EB0005022 AAC002142 August 21, 1997 City of South Miami 6130 Sunset Drive South Miami, Florida 33143 ATTENTION: REFERENCE: Dear Ms. Morris: Ms. Diana Morris Assistant to the City Manager RFP for Mixed Use Development C3TS Project No.: 1929-03.01 We are in receipt of the additional information requested by your office from the two submitting developers. As stated in our meeting on the evening of August 8th, this information was requested in order for us to complete our review and make our recommendations to the Parking Committee. We have reviewed the information and revised our evaluation form and are enclosing the same for your review. Based on the proposals submitted together with the additional information requested, we feel that both Phase I and Tropicaire have done exceptional work in preparing very competitively proposals. Both proposals exhibited creativity, well thought out financial planning and unique approaches to this development. However, when both proposals are weighed in accordance with the R.F.P., evaluation criteria as set forth in Section 3 paragraph 4, sub section D, the results are as follows: Criteria Panel Evaluation/Qualifications Financial Ability Financial Return (year 2) Overall Design Phase I N/A 10* 25 pts. 25 pts. ($77,938.00)** 20 *** 80 Tropicaire N/A 19* 25 pts. 13.5 pts. ($42,009.00) 24 *** 81.5 Therefore, it is our recommendation to the Hometown District Parking Committee that they recommend to the City Manager and Council to enter into negotiations with the number one rank team (Tropicaire Development, Inc.) and in the event negotiations be unsuccessful, that negotiations be commenced with the second rank team (Phase I Development) . 901 Ponce de Leon Blvd., Suite 900 Coral Gobles, Florida 33134 305.445.2900 1.800.448.0227 Facsimile 305.445.3366 Equal Opportunity Employer Ms. Diana Morris August 21, 1997 Page 2 Should you have any questions or comments, please do not hesitate to call us. Sincerely, Corzo astella Carballo Thompson Salman, P .A. JFS/er * Relates to the review of development proposal, team and feasibility -total quality points. ** *** cc: Parking income adjusted due to special exception requirement (194 spaces). Adherance to home town plan. L. Dennis Whitt, City Manager William Mackey, City Planner Earl Gallup, Esq., City Attorney C:\1929-03\1 LOB2197. OM 1-1 TEAM NO.1 Project Financial Q.P. 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 Total Cost: $3,550,000.00 0 Equity: $ 887,500.00 0 Soft Cost: $ 300,000.00 0 Gross Income: $ 678,768.00 - Gross Expense: $ 513,052.00 - Net Income: $ 165,716.00 - Income to City: $44,000 year 1 1 Projected Escalation Rate: N/A Income to City: $38,860 (5% of gross income) + $44,000.00 = $82,860 year 10 1 Finance Term: 20 year I? % 0 Lease Term: 50 years 1 Financial Statement 1996: Yes 0 Net over Gross 1996: N/A ..Q TOTAL Q.P. 3 Comments: 1. Estimated construction cost appears low due to low soft costs. 2. Costs for parking -257 spaces @ 300 SF/Space divided by $1,790,000.00 = $23.00/SF 3. Debt to equity of 75/25 appears low. 4. For 20 year financing, amortization schedule does not appear to work -will need clarification. 5. No Performa provided. 6. Contingency is projected @ 2%. TEAM NO.2 Project Financial Q.P. 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 Total Cost: $4,487,450.00 1 Equity: $2,087,450.00 1 (Equity required from City = O) Soft Cost: $ 733,000.00 1 Gross Income: $ 420,089.00/year 1 Gross Expense: $ 329,222.00/year 1 Net Income: $ 90,867.00/year 1 Income to City: Minimum $30,OOO.00/year 1 0 (10% Gross Income -Building) Projected Escalation Rate: 1.15% Income to City: $46,020.00/year 10 0 Finance Term: 30 years 19 % 0 Lease Term: 99 years 0 Financial Statement 1996: Yes 1 Net over Gross 1996: 18.4% 1 Net over Gross 1997 to July 23: 16% .1 TOTAL Q.P. 6 Comments: 1. Assumes 100% lease-up in first year. 2. Projected construction period of 6 months is unrealistic. 3. Flex space rent projection may be low. 4. Contingency is 5% of Building Canst. Cost. 5. Money for tenant improvements during lease-up to be negotiated with tenant. 6. Revised Performa shows parking loosing money (14,210). , TEAM NO.1 Project Physical Q.P. 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 Project Size Total: 100,100 S.F. 1 Retail: 15,000 S.F. - Office: N/A - Parking: 77,100 S.F. Est. - Other: 8.000 S.F. - Parking Spaces: 257 1 Basement: N/A - 1st Floor: Retail 1 2nd Floor: Parking/Office -Retail - 3rd Floor: Parking - 4th Floor: Parking - 5th Floor: Parking (Roof Level) - Conforms to "Home Town Overlay Districf': No* Q (See Below) TOTALQ.P. 3 Comments: *1. Alleyway at rear (north) access removed due to ramp. *2. No arcade or canopy shown. 3. Internal radii for turns in parking will reduce total count by approximately 16. 4. Mechanical equipment well will require forced ventilation. 5. Large vehicle delivery will conflict with ground floor parking. 6. Special exception required for use of roof as parking. Section 20-7.22 will reduce parking to 194. TEAM NO.2 Project Physical Q.P. 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 Project Size Total: 78,600 S.F. 0 Retail: 14,991 S.F. Office: 18,650 S.F. (Flex) Parking: 37,500 S.F. Other: 7,459 S.F. (circulation/common) Parking Spaces: 125 0 Basement: N/A 1st Floor: Retail 1 2nd Floor: Parking 3rd Floor: Parking 4th Floor: Office/Residential 1 Conforms to "Home Town Overlay Districf': No* 1 (See Below) TOTAL Q.P. 4 Comments: 1. Travel distance and organization of uses will probably require sprinklers -cost will increase. *2. 67' width of ramp does not allow for retaining alleyway as shown on home town plan. 3. Area under ramp will need to be blocked in. 4. FPL vault and area too big. *5. Trash area too small-will need more dumpsters. No access to trucks. 6. Turning radii for parking after Ramp 2 is non- conforming without losing 4 spaces. Could be solved by extending parking plate over arcade as per 20-7.9,20-7.8. of HTPOD *7. Arcade/Colonade depth less than 8'-0" clear along 58th Avenue and 73rd Street. 8. No elevation along S.W. --Will not preserve street facade. 9. Project is overall feasible with minor modifications. ,~ TEAM NO.1 TEAM NO.2 Development Team Q.P. Development Team Q.P. 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09 3.10 3.11 3.12 3.13 Developer: Phase I, Inc./Walbridge Aldinger/Garrit Construction Ownership: Albert S. Elias, Gwynn M. Elias, and L. Jeffrey Lane, G.P. Experience: 1980 DeveiopmenU1972 Construction Est.: 1997 Max. Dev.: $37,500,000.00 Min. Dev.: N/A ($300,000.00) Architect: Ferguson Glasgow Schuster Solo, Inc. Contractor: Walbridge Aldinger/Garrit Construction Urban Planner: N/A Bank: N/A Management Company: Phase I, Inc. Bond/Surety: AON Risk -Contractor Only References: 2 Total: 1) Don d'Adesley, First V.P., Paine Webber; 2) Christopher Mattews, Assistant. V.P., Bank United TOTALa.p. Comments: , 1. Limited similar experience. 2. Development references adequate. 3. Established contractor lends credibility. C:\PROJECTs\ 1929-031MIXEDUSE.1 RV 3.01 1 3.02 o o 3.03 o 3.04 o 3.05 -3.06 -3.07 3.08 -3.09 -3.10 1 3.11 1 3.12 Q 3.13 4 Developer: Tropicaire Development, Inc. Ownership: Richard W. Ogden -100% Experience: 1984 Development Est.: 1997 Max. Dev.: $28,000,000.00 Min. Dev.: $1,600,000.00 Architect: RJ. Hiesenbottle Architects, P.A. Contractor: N/A Urban Planner: Wallace Roberts Todd Bank: Dadeland Bank Management Company: Tropicaire Development Bond/Surety: Clarion Insurance Agency, Inc. References: 4 Total: 1) Ronald Shuffield, President, Esslinger Wooten Maxwell; 2) Bruce Anglin, Senior V.P., Loan Officer, Dadeland Bank. TOTAL a.p. Comments: 1 1 1 o 1 o 1 1 1 1 1 9 1. Good references and experience --Good Team. 2. Lack of contractor needs to be addressed. 3. Similar Land Lease/Development experience, i.e. Tropicaire Theater Land. lei ·HE HERALD. FRIDAY, JUNE 20, 1997 F lOne lawyer, Jesse McCrary, not say why Neal opted for a bargain. d all the talldng I'm going n court, to McCrary said. ! prosecutors began inves- 1 Neal last December after · Opa-Iocka City Manager ; Whitt complained that lad ignored 35 public-re- :-equests -mailed, faxed livered by certified mail to I manager's office. 's initial defense: The ts were frivolous and was harassing him. So he j them. Ing the requests: copies of cs complaints against Neal )reakdown of his city cellu- one bills showing which ere not for city business. ecutors could have d Neal with 35 separate al counts. But Whitt's -It aDSOIUtCIYWlU nave a eD1U- ing effect." Zukoff said. "We li ve in a free society. with govern- ment in the sunshine. With this case, the state attorney's office has shown it will not tolerate people, whoever they are, dis- obeying the state's public-records laWSo" Whitt, now city manager of South Miami, said he wasn't ask- ing for privileged records that would have been exempt under state law. All public officials must comply with the law, he said. "I take no pleasure in filing a complaint against a public offi- cial." Whitt said. "I just need my public records." Centorino and McCrary agreed that those records now must be provided. But Opa-Iocka.officials say they have no copies of the requests. "The public records requests n charged ~th raping teen couple City of South Miami Request for ProposallPubUc Notice for design, coDStractioD,leaaiDg aad lDBDagemeDt of mixed-use developmeDt project The City of South Miami' is inviting interested parties to submit sealed proposals for planning, Ciesign, construction, leasing and management of an iirlill mixed-use development project which includes a parking garage on approximately .70 acre City-owned property located within the Hometown District and bounded by S.w. 73rd St. on the South, S.w. 58th Avenue on the East, and S.w. 58 Ct., on the West. The property is currently being used as a municipal parking lot. Request for Proposal packets must be picked up at: City Manager s Office 6130 Sunset Drive South Miami, FL 33143 (305) 663-6338 !-year-old man has been j with raping two home- enagers he met on the All proposals must be submitted in accordance them off as his children so he .~ R . t (! Pr al d t could seek state or county assis-WI eques or opos ocumen . of Homestead, Wilton s Police said Thursday. tance for his "family of five," All proposals must be delivered to the office of the police said. . . City Clerk, 6130 Sunset Dr., South Miami, Florida o Hernandez of Wilton 's is charged with three A Baptist minister from Holly-on or before July 10, 1997 at 3:00 p.m. Immedl'ately wood helped the five move into a Wilton Manors' apartment. after, all sealed proposals received will be publicly of.sexual battery for the , on a 15-year-old girl and -year-old boyfriend, said ete Bigelsen. Last Friday and Saturday, Her-opened and acknowledged. All proposals shall nandez sexually assaulted the girl accompany anon-refundable cashier's check for in the apartment at knifepoint, $2,500 to cover cost incurred or to be incurred by police said. On Monday, he alleg- edly raped her boyfriend. the City in preparing, issuing and evaluating these landez, who has a long- irlfriend and a 4-year-old befriended the teenage · who were out of work. ldez intended to pass ~th teens left the apart~e'lt;. t I proposals. Monday -separately, neIther Th C'ty f S th M" th'gh knowing the other had been e 1 0 OU lamI reserves e n t to assaulted, police said. . accept any proposal deemed to be in the best Y.:SUGARMAN AUC.TIONEERS ljor Electronics Wholesaler Lost Lease, We Therefore Sell By RV LARGE ABSOLUTE AUCTION . BRAND NEW TV's -STEREOS -ELECmONICS -VCR's :tory Fresh Boxes· All Warranted Items· Current Goodslll $575,000 Valuation II III J2AIE& Saturday, June 21 st. 10:30 A.M. ~ Assets Moved For Convenience Of Sale To 18500 N.E. 5th Ave.. No. Miami 1-95 to Miami Gardens Dr •• West 1st 2 Immediate Right-hand 1\Jms \L UBI OF NeW GOOpS; x:reen lVs uP 10 52' • SuboSaIeilile SysIems oSysaems • LgOuantrty ~Sys EntenairmenI centets • ca-. SysIImS :=~~~ ChIlIlpooalUgntn etS. T.... • ~StereoSys · Pre4nps .1Ioarn Boxes • Mora. Mora· Mora MANUFAcnml!B'S • &an, • .....,;c • ACe-AlOft ._.J.B.I.. .A/I·II4W .1OIhiba • RCA· EoiaM8 ·esa·6/WII .JVC ·CINet .QnIcyo ·TeaC • ZaniI~ • Hal( .Yector .-.- REQUEST FOR PROPOSALS ,-n;:!rll'! CotJntv is solicitino orooosal Dacka~es for FY 1997~98 interest of the City, to waive any irregularities in any proposals, or to reject any anal or alI proposals ~ and to re-advertise for new proposals .. .. ID PUBLIC HEARING A public hearing will be held on Tuesday, July 8,1997 at 9:00 a.m. by the Dade County Board of County Commissioners In the Commission Chambers located on the second floor of the Metro-Dade Center, 111 N.W. First Street. Miami. Florida. at which time the Board will consider the adoption of an ordinance entitled: ORDINANCE APPROVlNG AMENDMENT TO FLORIDA CITY COMMUNITY REDEVELOPMENT PLAN RELATING TO REDEVELOPMENT OF FLORIDA CITY COMMUNITY REDEVELOPMENT AREA LYING IN TOWNSHIP 57 SOUTH. RANGE 39 EAST, SECTIONS 19 AND 30 AND TOWNSHIP 57 SOUTH. RANGE 38 EAST. SECTIONS 24 AND 25, DADE COUNTY. FLORIDA. DESCRIBED GENERALLY AS BOUNDED BY REDLAND ROAD ON THE WEST.·N.w. 2ND STREET AND LUCY STREET ON I THE NORTH. STATE ROAD 821 AND CITY OF FLORIDA CIT'(, , MUNICIPAL LIMITS ON THE· EAST; AND .S;W. 1 ST' STREET AN rl nDlnll "'TV HI I"'I"IDAI I I~~IT~ ,",fit TUr:: ~nl~' nl=I I=~ATIN~ City of South Miami INVITATION TO BID/PUBLIC NOTICE The City of South Miami is inviting interested parties to submit sealed proposals for planning, design, construction, leasing and management of an infill, mixed-use development project on approximately .70 acres of City-owned property located within the Hometown District and bounded by S.W. 73rd St. on the South, S.W. 58th Avenue on the East, and S.W. 58 Ct., on the West. The property is currently being used as a municipal parking lot. All proposals must be submitted in accordance with the Request for Proposal document. This document contains detailed and specific information regarding the property being offered for infill development and the type of redevelopment that would meet the City's goals with respect to the development objectives and downtown and more specifically of the Hometown District. All proposals must be delivered to the office of the City Clerk, 6130 Sunset Dr., South Miami, Florida on or before July 10, 1997 at 3:00 p.m. Immediately after, all sealed proposals received will be publicly opened and acknowledged. All proposals shall accompany a non-refundable cashier's check for $2,500 to cover cost incurred or to be incurred by the City in preparing, issuing and evaluating these proposals. The City of South Miami reserves the right to accept any proposal deemed to be in the best interest of the City, to waive any irregularities in any proposals, or to reject any and/or all proposals and to re-advertise for new proposals. Any proposals deemed by the City to be non- responsive or to not meet the goals of the Request for Proposal shall be rejected prior to the project evaluation process. In making such determination, the considerations to be used by the City shall be, but not limited to, developer's experience and qualifications, capability of the development team, developer's financial qualifications and strength, financial return for the City and the overall design concept. For further information, please call or write: City Manager's Office 6130 Sunset Drive South Miami, FL 33143 (305)663-6338 IV 2. INTRODUCTION AND PROJECT OVERVIEW: A. Site Location: The proposed infill development project is located in the City's Hometown District, and is generally bounded by S.W. 73rd St. on the South, S.W. 58th Avenue on the East, and S.W. 58 th Ct. on the West. Please see attached location plan aerial, etc. (Exhibit 1). B. Physical Description: The project area consists of approximately .75 acres of land and includes 142.5 feet offrontage on S.W. 73rd St. and 150 feet of frontage along S.W. 58th Avenue. The subject property is currently paved and is used as a municipal metered parking lot. C. Project Overview: In November of 1992, members of the community gathered for a public "Charrette" or a design workshop on the future of the downtown area. The design workshop included several days of around-the-clock design sessions and discussions. This public process brought together people from all segments of the community, professionals from all levels of governments and a diverse group of consultants to develop a common vision for the downtown. This common vision is called the Hometown Plan which later was codified in the Hometown District. The plan is based on the concept that like a traditional, small-town downtown, South Miami downtown ought to be a neighborhood where a full range of uses exist and are juxtaposed to create a synergy that brings life and vitality to downtown. The plan is based on the concept that the streets belong to people and the awareness of how individual buildings relate to each other and how users collectively interact with the sidewalk and the street will determine the success of creating people friendly streets and public squares. The plan identified a series of "Initial Projects" to act as catalyst for re- development. 3. REQUEST FOR PROPOSAL REQUIREMENTS AND GENERAL INFORMATION A. Unified Development: The City is soliciting proposals from private developers or individuals who can provide the City with an integrated improvement package including but not limited to planning, design, construction, leasing and management for the City-owned property currently occupied by the municipal metered parking lot. B. Commitment of Funds: The City shall provide no direct or indirect financing to the development. The City will enter into a long-term property lease agreement with the successful developer for an annual rent payment which may be comprised of a minimum guaranteed rent and a percentage rent based on gross revenues. The terms and conditions of the property lease agreement shall be negotiated to complement the financing strategy and/or the depreciation schedule. The successful developer is required to provide all the necessary financing for all aspects of the proposed development. C. Proposal Development Considerations: All proposals must consider and adhere to the following factors in developing the project proposal. 1. Development Objectives: The primary objective is to design a people-oriented mixed-use development to provide active building edges along S.W. 73rd Street and S.W. 58th Avenue, and an adequate supply of off-street parking. The amount of parking provided shall not only replace the existing parking and meet the requirements of the project, but also provide additional short-term parking for the area merchants. The project is envisioned to be three- story to four-stories in height and to act as a demonstration project for infill development. The retail components are expected to cater to the smaller tenants to create pedestrian friendly and diverse strorefronts. The project design shall be supportive of and in keeping with the proposed Comprehensive Master Plan for the City and comply with all the related Hometown overlay ordinances. 2. Lease Terms and Annual Lease Payment: The terms and conditions of the Lease Agreement between the City and the successful developers, including length of agreement and annual payment shall be negotiated to complement the financing strategy and/or depreciation schedule; however, all proposals submitted should define these terms as part of the lease agreement terms. 3. Site Improvements: The existing improvement shall be cleared by the developer and all site improvements must comply with all applicable code requirements, and the successful developer shall be responsible for acquiring all required permits and do the necessary impact studies. 4. Proposal Format: Proposals submitted in response to this invitation must include the following information: A. Credentials: Development Team QualificationlExperience Financial capacity to undertake project References B. Project Proposals: Development Plan Illustrative Plans Proposed Lease Term and Rent Schedule Operating pro-formas of anticipated lease term Implementation schedule Operational Management Plan C. Additional Requirements: Financial Statement Letters from Financial Institutions Letter indicating Developer's ability to obtain necessary bonds and insurance D. Evaluation Criteria: Citizen Panel EvaluatiOn/Qualification 25% Financial Ability 25% Financial Return 25% Overall Design 25% I~ ,. E. Performance and Payment Bond: F. Compliance with Federal, State and Local Laws: G. Proposal Submission: Sealed proposals must be marked "Infill Development Project," and submitted to: City Clerk City of South Miami 6130 Sunset Drive South Miami, FL 33143 H. Tentative Schedule: Issuance of Request for Proposal--------June 20,1997 Proposal Submission Deadline ----------June 11, 1997 For additional information, contact or write: City Manager City of South Miami 6130 Sunset Drive South Miami, FL 33143 (305) 663-6338 I. Enclosures: a. Existing Aerials b. Maps of the proposed re-development site and surrounding areas. c. Hometown Plan documents (includes zoning map)