CITY COUNCIL AGENDA ITEM
Memo Date: July 18, 2024.
Agenda Date: July 23, 2024.
Prepared By: Charlene Neuterman, Community Services Director
Anthony Garganese, City Attorney
Through: Stockton Whitten, City Manager
Requested Action:
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Authorize the City Manager to publish RFP# P24-XX-COC, in accordance with the Community Redevelopment Act of 1969, to solicit proposals for the purchase and redevelopment of real property currently owned by the City of Cocoa, and located at 915 Florida Avenue within the Cocoa Redevelopment Area.End
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BACKGROUND:
This Request for Proposal (“RFP”) is issued in accordance with the Community Redevelopment Act of 1969 (s. 163.330 - s. 163.463, Florida Statutes) and specifically related to the disposal of real property provisions set forth in Section 163.380, Florida Statutes.
The RFP (Exhibit A) invites developers and interested parties to submit a proposal to purchase and develop the 4.38-acre parcel situated at the Southwest corner of Rosa L. Jones Blvd. and Florida Ave., having an address of 915 Florida Avenue. A companion parcel (.55-acres) lies contiguous to the subject site and is owned by the City. The companion parcel, located within the City of Rockledge limits, will also be available to the selected developer for ancillary uses through an agreement with the City. There are several billboards on the parcel that must be maintained, and ownership of the parcel will be retained by the City.
This RFP is substantially based on the RFP recently used by the Cocoa CRA for a different property located at 603 Brevard Avenue and should already be familiar to the City Council. The RFP sets forth the intent by the City to sell/offer approximately 4.38-acres within the Cocoa Community Redevelopment Area for the purposes of developing the site for its highest and best use consistent with the findings set forth in the report issued by Tuttle-Armfield Wagner Appraisal and Research, Inc. on January 26, 2024. The selected developer will be required to enter into a binding development agreement with the City which will set forth the agreed upon terms and conditions of the selected development proposal including a development schedule under which the project will be completed.
The requirements of the proposals are as follows:
• A detailed account of proposed terms and purchase price for the property
• Proposer’s detailed development experience identifying not less than five (5) years of experience related to the proposed use/project type
• Concept theme that does not severely duplicate or compete with any other business but rather complement the current market
• Comprehensive Development Schedule
• Estimated development costs and verifiable evidence of financial capability
• Design, with scaled drawings that demonstrates the project will meet design criteria required by current zoning requirements
• A colored rendering of the site, elevations and decorative structures (hardscape and entrance features)
• Primary contact names for the project proposal
• A list of any previous CRA and or City-project or project funded in whole/part by the CRA and/or the City that the Proposer or any member of the team was involved with directly/indirectly
• A signed Proposal Form
An opportunity for incentives may be available to the awarded project team. Those incentives may include:
• Assistance with the application and receipt of any City regulatory approvals as required for site plan approval
• Streetscape improvements within the right‐of‐way
• Modifications to existing public utilities if necessitated by the City vacation of existing streets and alleys
• The companion site for ancillary uses such as storm water management. Approved uses will be outlined in the binding development agreement required by this RFP.
The schedule for release of the RFP is as follows:
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Action |
Date |
|
RFP Advertised: |
To be determined |
|
Pre-Bid Meeting (Non-Mandatory) |
To be determined |
|
Deadline for Respondent Questions: |
To be determined |
|
Proposal Submission Deadline: |
To be determined |
|
Evaluation and Selection: |
To be determined |
|
Presentations, if required: |
To be determined |
The selection criteria is stated in the RFP.
Staff is requesting approval of the RFP # P24-XX-COC, for the purchase of real estate and development of 915 Florida Avenue scheduled to be published on Vendor Link on August XX, 2024.
STRATEGIC PLAN CONNECTION:
Redevelopment of vacant property in a Community Redevelopment Area.
BUDGETARY IMPACT:
Budgeted N/A
PREVIOUS ACTION:
N/A
RECOMMENDED MOTION:
Recommendation
Authorize the City Manager to publish RFP# P24-XX-COC, in accordance with the Community Redevelopment Act of 1969, to solicit proposals for the purchase and redevelopment of real property currently owned by the City of Cocoa, and located at 915 Florida Avenue within the Cocoa Redevelopment Area.