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<br />RESOLUTION NO. 2010- Ill:' '3 ~..) <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br />OF SUNNY ISLES BEACH, FLORIDA, SELECTING 4M <br />INVESTORS, LLC. AS THE PROPOSER TO DESIGN AND <br />BUILD AN UPSCALE LIFESTYLE CENTER CONSISTING OF A <br />PARK, PARKING GARAGE, AQUARIUM, AND HIGH END <br />RET AIL SHOPS; PROVIDING THE CITY MANAGER AND THE <br />CITY ATTORNEY WITH THE AUTHORITY TO NEGOTIATE A <br />DESIGN/BUILD CONTRACT WITH 4M INVESTORS, LLC FOR <br />APPROVAL BY THE CITY COMMISSION; P~OVID_ING FOR <br />AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City desires to have designed and constructed an Upscale lifestyle center <br />consisting of a park, parking garage, Aquarium, and high end retail shops ("Aquatic Entertainment <br />Center") on Sunny Isles Boulevard for enjoyment of the residents and visitors; and <br /> <br />WHEREAS, the City issued a Request for Proposal to select a contractor to design and <br />build the Aquatic Entertainment Center; and <br /> <br />WHEREAS, the City has received only one proposal from 4M Investors, LLC. in response <br />to the Request for Proposal; and <br /> <br />WHEREAS, the City Manager wishes to recommend the selection of 4M Investors, LLC. <br />as the design and build firm to negotiate a contract to design/build the Aquatic Entertainment <br />Center. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section I. Incorporation of Recitals. The foregoing recital paragraphs are hereby ratified and <br />confirmed as being true and the same are hereby made part of this Resolution. <br /> <br />Section 2. Approval of Reccomendation. The City Commission hereby approves the selection <br />of 4M Investors, LLC. as the design and build firm to design and construct the Aquatic <br />Entertainment Center. <br /> <br />Section 3. Authorization of the City Manager and City Attorney. The City Manager and City <br />Attorney are authorized to negotiate a design and build contract with 4M Investors, LLC. for <br />approval by the City Commission. <br /> <br />Section 4. <br /> <br />Effective Date. This Resolution is effective upon adoption. <br /> <br />PASSED AND ADOPTED this 18th day of November, 2010. <br /> <br />Page I of2 <br />