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<br />RESOLUTION NO. 2011- 1'71l./ <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br />OF SUNNY ISLES BEACH, FLORIDA, AUTHORIZING THE <br />CITY MANAGER AND THE CITY ATTORNEY TO NEGOTIATE <br />A DESIGN/BUILD CONTRACT WITH 4M INVESTORS, LLC. AS <br />THE PROPOSER TO DESIGN AND BUILD AN UPSCALE <br />LIFESTYLE CENTER IN GATEWAY PARK CONSISTING OF A <br />PARK, PARKING GARAGE, AND RESTAURANT(S); <br />AUTHORIZING THE CITY MANAGER AND THE CITY <br />ATTORNEY TO DO ALL THINGS NECESSARY TO <br />EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN <br />EFFECTIVE DATE. <br /> <br />WHEREAS, the City desires to have designed and constructed an upscale lifestyle center <br />consisting of a park, parking garage, and restaurant(s) for Gateway Park on Sunny Isles Boulevard <br />for the enjoyment of the residents and visitors; and <br /> <br />WHEREAS, on November 18,2010, via Resolution No. 2010-1632, the City Commission <br />selected 4M Investors, LLC. (RFP 10-10-01) as the proposer to design and build an Upscale <br />Lifestyle Center consisting of a park, parking garage, aquarium and high end retail shops; and <br /> <br />WHEREAS, on December 16,2010, via Resolution No. 2010-1658, the City Commission <br />authorized the City Manager and the City Attorney to negotiate agreements with 4M Investors, <br />LLC. for approval by the City Commission within 60 days; and <br /> <br />WHEREAS, 4M Investors, LLC. has now revised the site plan for Gateway Park, and the <br />City Commission wishes for the City Manager and the City Attorney to negotiate a new agreement <br />with 4M Investors, LLC. to design and build Gateway Park and to bring the agreement back to <br />Commission for approval within 30 to 60 days which is included in a six (6) month period to find a <br />restaurateur(s) to operate a restaurant(s) within Gateway Park. <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 1. 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. 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 />Gateway Park and to bring it back to the City Commission for approval within 30 to 60 days. <br /> <br />Section 3. <br /> <br />Effective Date. This Resolution is effective upon adoption. <br /> <br />PASSED AND ADOPTED this 21 st day of April 2011. <br /> <br />Page I of2 <br />