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File #: 040537    Version: Name: Authorization to Prepare a Request for Proposals for Parking Lot 10 (B)
Type: Staff Recommendation Status: Passed
File created: 10/25/2004 In control: Community Redevelopment Agency
On agenda: Final action: 10/25/2004
Title: Authorization to Prepare a Request for Proposals for Parking Lot 10 (B)
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.



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