City of Coral Gables

File #: 18-7958    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/27/2018 In control: City Commission
On agenda: 3/26/2019 Final action: 3/26/2019
Enactment date: 3/26/2019 Enactment #: 2019-96
Title: A Resolution approving the general business terms and authorizing the City Manager and City Attorney to negotiate a development agreement with Coral Gables City Center, LLC (CGCC) for the redevelopment of Municipal Parking Garages 1 and 4 (G1 and G4) in which CGCC proposes a public private-partnership to provide an improved parking structure where the City will retain ownership and control of the public parking component in G1 and allow CGCC to build a residential mixed-use project in G4 compatible with the surrounding neighborhood. (This resolution requires a 4/5 vote because of the value; if an agreement is reached with CGCC an ordinance will come back to City Commission for two readings)
Attachments: 1. Signed Resolution 2019-96 - Updated, 2. Signed Resolution 2019-77, 3. Signed Resolution 2019-19, 4. Commission Cover 3.26.19 (G1 G4), 5. Draft Reso - 3.26.19 (G1 G4), 6. 2019.03.18 CGCC Term Sheet - No Office + 750 spaces with Exhibits, 7. Parking Garage CGCC March 26 2019 Final, 8. Commission Cover 3.12.19 (G1 & G4), 9. Resolution 3.12.19 (G1&G4), 10. CAO 2019-004 Ownership Required for Planned Area Developments and Mixed-Use Projects, 11. CGCC - No Office 150' LOI w Exhibits (2-26-19), 12. Commission Cover 1.22.19 (G1 & G4)-Revised, 13. Resolution 1.22.19 (G1&G4), 14. CGCC LOI- Jan 9 2019 (Final), 15. CGCC for City Manager, 16. Parking Garage CGCC January 22 2019, 17. Cover memo - 11.13.18 (Garage RFP 1 - 4) - FINAL, 18. Resolution - 11.13.18 (Garage RFP 1&4), 19. CGCC Proposal 10_11_2018, 20. CAO 2018-032 Unified Parcel in Relation to the Development of Garages 1 and 4, 21. 2450 Salzedo & 245 Andalusia Appraisal - Aug 13 2018, 22. Greenberg Traurig Vertical Subdivision Memo - CGCC 12.5.2017 (00000002), 23. Master, 24. Entered into public record at hearing, 25. Speaker Cards entered into public hearing, 26. Verbartim Transcript - CCMtg Mar 12 2019 - Agenda Item I-1 - Resolution approving the general business terms re Garages 1 and 4, 27. Verbatim Transcript - CCMtg January 22 2019 - Agenda Item J-4 - Deferred - Approving general business terms and authorizing CM and CA to negotiate with CG City Center, 28. Verbatim Transcript - CCMtg Nov 13 2018 - Agenda Item J-5 - Resolution approving the general terms and authorizing the City Manager and City Attorney Garages, 29. Verbatim Transcript - CCMtg Mar 26 2019 - Agenda Item I-4 - Resolution approving general business terms and authorization to negotiate a development agreement

 Title

A Resolution approving the general business terms and authorizing the City Manager and City Attorney to negotiate a development agreement with Coral Gables City Center, LLC (CGCC) for the redevelopment of Municipal Parking Garages 1 and 4 (G1 and G4) in which CGCC proposes a public private-partnership to provide an improved parking structure where the City will retain ownership and control of the public parking component in G1 and allow CGCC to build a residential mixed-use project in G4 compatible with the surrounding neighborhood. (This resolution requires a 4/5 vote because of the value; if an agreement is reached with CGCC an ordinance will come back to City Commission for two readings)

 

 

 

 

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