Title
Authorization to Prepare a Request for Proposals for Parking Lot 10 (B)
Explanation
The CRA has discussed preparing a Request for Proposals to explore redevelopment opportunities for City parking lot # 10. As the new Southwest Parking Garage comes on line the RFP could be prepared and released early Winter 2005. Staff is seeking authorization to prepare the RFP for residential or for a mixed-use development including residential. The City and the CRA will need to enter into an option agreement for the property.
Fiscal Note
None at this time.
Recommendation
The City Commission: 1) Authorize the CRA to prepare a Request for Proposal for City Parking Lot #10 for a mixed-use development including residential or hotel; 2) direct staff to negotiate an option agreement for the lot; and 3) authorize the Mayor to execute any and all required documents.