IS THIS AGREEMENT A RESULT OF A COMPETITIVE PROCUREMENT PROCESS? NOAccess, Construction and Donation Agreement • November 9th, 2022 • Florida
PURPOSE OF ITEM (BRIEF SUMMARY): The City is the fee simple owner of approximately 5.39 acres of certain real property located at 150 Northeast 19 Street, Miami, Florida 33132 (“Property”). Perpetual Love L Trust, LLC. wishes to develop a state-of-the-art recreational facility worth no less than ten million dollars ($10,000,000.00) on the Property for the benefit of the City, its residents, and visitors, and donate the same to the City in fee simple upon completion of construction.
