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Approve ranking order for RFP L-40-16 11 Acre Parks and Recreation Site Development, and authorize staff to negotiate a contract with the highest ranked firm Azur Equities, LLC.
(Fiscal Impact: Revenue contract)
staffcontact
(Staff Contact: Mark Beaudreau)
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Summary Explanation/Background:
RFP L-40-16 was issued to select a qualified firm to finance, design, construct, operate and maintain the 11.756 undeveloped Palm Aire Parcel C under a long-term contract with the City. City Commission approval of the ranking order presented by the Selection/Evaluation Committee is requested, and authorization is requested for appropriate City staff to negotiate a contract with the highest ranked firm as detailed above. Further authorization is requested to continue with the succeeding ranked firm should an impasse occur in the negotiations with the recommended firm. This solicitation was assigned a voluntary 10% Local Business participation goal and a 10% Small Business Enterprise (SBE) participation goal; the highest ranked proposer Azur Equities, LLC has indicated a target of 15% - 20% Local Business participation and a target of 15% - 20% SBE participation.
Origin of request for this action: Staff
Fiscal impact and source of funding: Resulting contract will provide revenue to the City.