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06-15-1998 . I ,I I ~ , ,. / \.. '\ j I \ _ I OJ f , I 0 . , ' , , " . . '. . . ~ ,.. ,. . . r, " .. . ' ,. > ','. . Agenda/C 6-15-98 /7(; If , io;' . "..! ;..:,"t:;'/!"f'<:;-Yt,r.-; .~','4t~... '. .,,-!I",'r...~:'t~'..,. .'. !~.".;" _~l.'."'~" ',' >"', """'.':,' ,,'.'41,,- t .'~~t..L 01 r~/'~.,. \ '.i.~~l" "'."'" ~X... "~,\'#t.' ~#~'-'r~-:. \- ~.' d I .'':, <: ... ~ c:3~...,,~..J ,,~ ~ ~ ... ~C":J~"'L'""~L~' .~" ",r-::1'1"'':.-- c -~ . .... .., ~.~ '" . .... ." --~ ':.~-.. ,-;. .,,~, '"'::.Cij;;t~ .~., .~~\.... .,..;~,. TE~'.j'. .#'.MI" CITY OF CLEARWATER POST OFFICE Box 4748. CI.F.AR~'ATER, FI.ORlDA 33758.4748 ern- HALl., 112 SOlmi OSCEOLA. AVENUE, CLEAR'<<'ATER, FLORIDA 33756 TELEPHONE (813) 5624040 FAX (813) 562-4052 COMMUNllY REDEVELOPMENT AGENCY AGENDA COMMUNITY REDEVELOPMENT AGENCY (eRA) Monday, June 15, 1998 9:00 a.m. Commission Chambers 1. Call to Order 2. Approve minutes from Meeting on May 18, 1998 3. New Business a. Responses to RFP/Q - Justice Corporation. Accept staff recommendation to negotiate with the Justice Corporation. 4. Assistant City Manager Verbal Reports 5. Other Business 6. Adjournment . -- @ "EQUAL EMPI.OYMENT AND AFFIRMATIVE ACTION EMPLOYER" . . ~ w Community Redevelopment Agency Agenda Cover Memorandum Item #: Meeting Date: SUBJECT: Responses to RFP/Q . Justice Corporation RECOMMENDA liON/MOTION: Accept staff recommendation to negotiate with the Justice Corporation I!l and that the appropriate officials be authorized to execute same. BACKGROUND: . At the Commission meeting of January 15, 1998, the Commission and the CRA Trustees unanimously approved authorizing the issuance of a RFP/Q for the 1180 Cleveland Street Property. o The RFP/Q was released on May 2, 1998 which noted the due date and formal opening of bids at 4:00 p.m. on June 4, 1998. . The RFP/Q was advertised in the Tampa Tribune May 2, 1998. . One Proposal was received on June 1, 1998, by the Justice Development Corporation. The subject property would be associated with the proposed IMR Proposal. . The selection Committee reviewed the proposal and based on the criteria set forth in the RFP/Q, recommend negotiations commence. . This action does not constitute acceptance of the Oustice Corporation) proposal. .. It is anticipated that a proposed development agreement wi II be submitted to the CRA on 6/15/98 asking the CRA Trustees to approve awarding the proposal to Oustice Corporation), detailing the terms and conditions. Reviewed by: Legal Budget Purchasing Risl, Mgmt. IS "'CM OtheG" !14~ f'4/A N/A N/A N/A N/A N/A Originating Department: Economic Development Costs: Total Commission Action: o Approved o Approved w/Conditions o Denied o Continued to: _ use'il:.rtment: Current Fiscal Year Submitted by: Advertised: Date: Paper: D Not Required Affected Parties: D Notified D Not Required Funding Source: o Capital Improvement: o Operating: o Other: Attachments: Justice Corp. Proposal Appropriation Code o None City Mana!;'!r o printt!d on recycled paper ..... . ',; ." ,<~, . .,': .'':'''' I ;;..i ~~ JUSTICE .., CORPORATION The Commercial Real Estate Professionals """: y{.>',,:' ':"""'>"".":'" I'>~'.'.;..\..:.,'..': ....~,.,...,.....'..: '.'\\"~/'."':'~' l-:~' .", '..:.... ...... '.'\,":'~:,:~ .',.- <'. '\,':.':......i~..-,'....> , . ~ I "-.. I ' .., \ . .' . . ~ ~) ..' \...... . \ I' '\ ) ..~._"I. /," \\1.,., ',t. .'....: "~:, .'. ,.', .,' ." I~,."\ .-------'., . \ \ \.' I /. \ ' . \ . ". . - . . ........ '. ,". \ . , ......... ...r, .~.' ~ . . . .... ...... { r - Since 1972 Justice Corporation has operated throughout Florida in every aspect of commercial real estate: leasing, management, brokerage, consulting and development. When your commercial real estate requirements include the Sunshine State, call Justice Corporation. We hope you'll give us the opportunity to demonstrate the expertise that has earned us the title: The Commercial Real Estate Professionals f . I ~~ JUSTICE 'W CORPORATION The Commercial Real Estate Professionals 19329 <J.S. 19 North, Suite 100 Clearwater, Florida 34624 Telephone: (813) 531-4600 Florida Toll-Free (800) 226-4226 " '. I \. .... . ' . . " . '. ".., .~,. . . . " , . 1.. . / . ." . I "I.' , . I ~ . I' 1 I ,I, '. . I 1\ .' I l' . . " ..-' ,,~, I 'I:. . ' , I . ) 1. I' I ,'.,:' /.':,< '"~''''''''\!II''' " ....'.,.... ".. .~,',\,.i>\. >~~'.' "~' \' :.'. I..""..;..:>.:./.\".\.......~ .,.;..:.... :.:,.......;,..'. '~''\', .~.: . ~ . .' \ . ". . ". __.. / .-l-;.>',' . . . I' \ t '. ... '~,..... I " ~' ), ~, I' ". ~ " , ~ ',.-', ,'. , A DEVELOPMENT PROPOSAL FOR INFORMATlON M.-I\NAGEMENT RESOURCES, INC. JUNEl, 1998 PREPARED BY: JUSTICE CORPORATION - Justice Corporation, as the duly authorized agent of Information Management Resources, fnc. (.'MR-) is pleased to make the following proposal for the City of Clearwater's 1.21 acre site on the north line of Cleveland Street west of its intersection with Missouri Avenue in downtown Clearwater. This proposal is in response to the City's request for proposals and qualifications and this response will follow the outline contained in that RFP. . QUALIFICA nONS As part of the proposal submittal, each proposer must demonstrate: . 2. 1. An ability to negotiate the acquisition and building proposal of the 1.21 acre site. In response to this provision we propose to acquire and utilize the entire 1.21 acres for an ancillary development to that being planned on the 14.3 acre parcel directly across Cleveland Street. That development is now referred to as the IMR Global Center. As the City Is aware, the negotiations for the acquisition and development of the 14.3 acre parcel are proceeding. IMR will require the additional 1.21 acres to construd additional support facilities required by their expansion in the downtown area. An ability to demonstrate a significant work force of above National Median Wages. IMR's headquarters office is now located on U.S. 19 North in the Countryside area of Clearwater. 150 existing employees will be relocated to a new building which will be developed and completed as the first phase of the IMR Global Center on or about January 1, 1999. In addition to the 150 existing employees, IMR plans to hire 560 new employees in the period January 1, 1999 through December 31, 2001. The ave~ annual compensation of these new employees will exceed $40,000. This does not include the value of benefits provided, as well as the value of stock options and stock purchase plans provided to these employees. These new employees will be located in all three phases of the IMR Global Center. The first phase will consist of approximately 40,000 to 45,000 square feet of office space in a single building, the second phase will consist of a software research and development facility of approximately 70,000 square feet. and the third phase will be an international training center of approximately 40,000 square feet. Along with these three phases surface parking will be provided for approximately 700 automobiles. 1 . ":" ~ '.',., '" ,"." .' <' "" ".'. \/ .~/' "'>,,:' ," .~./)' " .~ ',f.. I' '.' ',,""':.' ,I: ' , . ,,\, ',' .... "~,:',':. ':':.' '., , ..~. , 'I ' " ' . . . . \ . . .' \ " . .' ,.' . "'1 \ . .: ',' \... \ . " . ~ " ',' I . ':. \ .... I' ". ~ . . " , . \ " J . ...,', i' . ", ' . . ' :' . . . :' ',~. ~r ~ '.' 'o' ~ , "\1 . .' .' "., ,I" ..... \ ,_., .', ~ . . I., ,. € ' .' ,--,~_, Jr\." , l_~ . ,".l '. . ,. I ii' , \ ' I I ' \ . \' ..' '~I \ \ I' 3. An .b~lIty to demonstrate compatibility with nearby properties. Any development of this site will be totally consistent with the improvements planned for the IMR Global Center and will clearly enhance the image of nearby properties. An Ability To Provide A Sound Financial History In the previous proposal submitted to the City, we disclosed financial information which demonstrates that IMR is a strong financial entity with a worl.dwide presence. which will bring significant economic credibility to the downtown Clearwater area. . '. 4. .' , SUBMITTALS The following submittals will be required 8S part of the RFP/Q: 1. The name of the finn, address, telephone and name of representative authorized to negotiate with the City of Clearwater officials Albert N. Justice, Justice Corporation 19329 U.S. 19, N. Suite 100 Clearwater, FL 33764-3156 Telephone (813) 531-4600 Fax (813) 530-4004 2. existing location of BU8Ineas IMR is presentlY located at: 26750 U.S. Highway 19 North Suite 500 Clearwater. Florida 33761 3. Names, qualifications and experience of key personnel Attached to this proposal is an organizational chart which shows the key personnel involved in the planning and development of this site. In our January proposal for the 14.3 acre site, we provided a comprehensive series of statements. brochures and qualifications for all of these individuals and therefore we will not burden the city with reviewing that material once again since it is a matter of public record. 4. A summary of qualifications of the developer and the person or persons who would be directly responsible for supervising the 2 -L -L " .",. .~.. . . . ., . . " ....~t '!,? . . ~..' .' . ..' ,~. ~ .' , . . '."';":;" '.' . " -'- 0 ttJ 6 ~ ua '- I~ II - . .c . g .. W calli ...0 ,tt CD - i~ & "- . 511 a ~.c ~ 8 ... . tn a; .. ~ . a: It :j~ Ig I: I i~ . ... :It -. E~ , iii UlIQ ca , . t1 "8 =:t =~ 0 i :IS ... a~ ~ Oft ~E g= gt CJU2 lea ,..,; u eta HE04 Htn . tJ ,&1 !: D: _tIC ... . ~I Eof · 0 ... 11M uo. .... " = 8~ ;~ ~ . 0. l1ea ~.c 15 ilea: 111:1: 0 H E OeD fi tIJ toe I s CD !I u H mo ..... "'IQ ~I uau III a .. .c~ aa I ~L=J . II. Ie; mn I . '. " ~, .. I .' ' . , . , \ I . ./. .' ., ' " , ',' . , I' ,/ 'I . I . . . . I 'I _ \ > . I, ' . / .'"'. < ., '. . \.' ,I I , . ',' .' ~ . ' " . /, . '\ "" \.' ,." I I . 'II J .'. , I,.r \. . \. \/" I . \. '- \ \ .' . , , . , . '> ' . '1 \. ~. ' '. / /' . ,f. . .' .' / - . (\ !" . I . \, . , . ; '. . '\ ' I' (II . ,..'.' -, ,\. ' , ,/. . I' .:. ,'. , . ,,\ .'.' '. / > J (. , ' . ( \ "\ . '1." . . . ' '. , . , ,",', :." ' I ','I', . : I . , / . . , "", .,' /' ,I..! ..'\~,.".' ,-:'.'. <....,..,. .. !.i),.t,y...,...., ...., .,~\\....._.i ',. " ._~ '. './' -L "- - I. \.- 5. - l.. 6. , " ""'~~' . ,'. .....--~.i'~.::.tH;.lp.\~!""\.. .,' . '." " design and COMtructIcm of tfI, building on the lite. especially with regard to their prior experience In accomplishing development of similar projects In scale and character to that which Is proposed Justice Corporation will be directly responsible for supervising the design and construction of the Improvements contemplated for the site and a detailed statement of our qualifications was provided with the January proposal. A ataltement Identifying the flnn or organization that will be responsible for managing the development, Including a description of the form of relationship to be established between the developer and the management organization Justice Corporation has been contractually retained by IMR to provide facilities management for the completed development including the ancillary facility to be construded on this property. A sUIIIIIVlI'y of the qualtncatlons of the management organization, especially with regard to the management of other facilities of .Imllar size and characteristics Justice Corporation's qualifications in the management area have previously been provided to the City with a list of our previous experience in the management of similar properties. 7. A detailed narrative statement describing unique features and/or any additional tenants Since the an:hltectural design of IMR Global Center is not yet complete, we are not able to provide ;drawings of our proposed development of this property. It will be designed by the same design/engineering team as that now performing the same responsibility for the Global Center project across Cleveland Street 8. A statement reftectlng the financial position of the developer or development team This development will be done using 100% of all necessary funds provided by IMR who will be the owner of the total project. Neither the developer nor any member of the development team has any financial interest in the project other than our individual and cumulative commitment to bring about a development of the highest quality which the owner and the City will be the mutual beneficiaries. Because of the fact that the developer, as well as all members of the development team will t:1ave no financial interest in the project, no financial information will be 3 . I \ I "I I '/;, , I I' I ~ II 'I J r I ' " , \ I \ I neceel." ~i~;~I. ~I. Tt\e I18C8I88fY Ilnanc1allnformatlon regarding the owner has previously been addressed in this proposal. 9. A Statement Indicating the Financial Perfonnanc8 of the Developer's Palt Developments None of the developer's projects have failed to perform financially. None have been foreclosed by lenders and none have been deeded to lenders in lieu of foreclosure. L... - . - . A Ust of Projects Done Under the Aegis of the Developer, Their Location, Date of Completion, and' a Brief Description of Their Physical Characteristics list of 0ft1ce Buildings for which Albert N. Justice served as developer or development consultant 1 eaG-1 170 All rA the aIIIce buIdInga IIded below Wfft developed In" ~area 10. - - .. - Ttn8 *'Y 30.000 Iq. ft. building for ,..... CeIaly Co. 1lne .., 36.000 IQ. ft. building far Ilr\uence Co. 01 NOJth Am.a Three story 46.000 Gq. ft. buIdInG for GtnJnII EJedrIc Co. ... FkemIn'l Fund IRIUI'8a Co. Ttne *'ty 35.000 aq. fL tM'IrIng -R8>>nddt 1ntImaIaI..1nc. TIne.., 30,000 lei. ft. bvIdfng far SpIny Unlva CaIpcnIan 11nIataIy 31MlOO III- , ft........ for a.vIce an.. CarporaIan 1&.000 III- ft. anellDry ~_o...t MatarI~ .CorpaI.... Two .., 26,000 lei. ft. buIIdIna for RobIdIIlIW 1870-1UO AI d the IJUIIdJngs listed bekwr .. cftIce 1 i80-1 ggo ~ ~ Two five stcwy office buildings. three one Iby oftIce ....11dIngs. totaUng 140,000 Iq. ft. on 16 ecres Arbor Shoreline OffIce Pari( I 411a1y 40.000 ICI. ft. buIdIftg far CcdInenU8J Irmnnce Co. Two.., 62.000 faq. ft. bJIdIng for AT & T Two IIay 20.000 sq. fl buIdIftg for liberty MuUIIIMur8nce Co. One Itay 10.000 8(1. ft. bJIdIng far PIuderiIaI I...... Co. 1990 - 1997 PIamIng now under way for Phase III. Aria ShorelIne Offk:e Part for 110,000 sq. ft. 51t0ty building. ~ . kYenr8ry~. two aIngta flay buIdIInQI. totJdIng 7&.000 eq. ft. Alber 0Ib cn.r awe.. *'Y. 120,000 ... ft.1uIdiIG for Sri flCl11fW1W fL.IbIILB. Five SaIy 80,000... tt. ~ sun. 0tIk:e c.. 4 '., ': ~ ..'. 'Vi .'" . ~'.',,, J. 11 .~. . . .....:.. ~, ";' '. ',. ;'~~"""""~;"" ... . ',' .. . " ,. '... ,:O.'r '1.!j!t: I , - \., r.......' " " '. 'I.~" '", ecn.~I' '~,'. ~ . '.' 1lne Iby 15.000 lei. ft. hU\j far ~1fWly err CredI Carp. 15.000 Iq. ft. two Ifory . ~forlbn ~ I'oIn Ino. -'- -i.. \ . '- . L.. - 1lne rIMy 26.000 Iq. ft. bu", far RernIngIan R&nJ Carp. 1\10 atary 15J1JO Iq. ft. "Mq farM'" tI Omh Two 8Iary 15.000... ft. ~ far pc; lite. 3O.0Il0 III- It. medIcII 'etar .....10 St. Mlry'1 KatpIIt 20,000 Iq. It. ano...., mdcII ,..,.. .116.... MtdaJI All IXhlln rrnc. - . '- 1 . Feu *'Y. 40.000 Iq. ft. bul"~ FIortcII FednI, S&L ~ . SevIn Itary buIcIII1g (two IMItdI... lev.... urdIrnIIIh) FIortcII """':8 & L . ~ . '" . Four *'Y 36,~ aa. ft. II"" ~ Federlll S&L ,.:, , .' Ii '~ t . . . n:'.tl25.000 Iq. ft. FIortcII FednlS&L - 11. A Statement of the RelldIOMhIp Between the Developer and Any Parent Companies Or Subsidiaries Who Might Also Take Part In The Development The developer has no parent companies or subsidiaries or joint venture partners who will have any role or responsibility in the proposed development. 12. A StItement ProvIdIng City Staff 018 Authorization to Verify Financial And Othet' Qualifications . This will authorize the City of Clearwater to verify all financial information ~ to InforrnstIon Management Resources Inc. The City Staff is authorized to verify all qualifications 8S contained in this proposal for all entities who w;1I have a specific role in the development process. 13. DliIc!osureslnd Summlry Narrative The developer hereby discloses that he is represented by the law firm of Hill, Ward & Henderson, 37th Floor, Bamett Tower. Tampa. Florida, 5 I.,' ..' , . ' '. . " , ' ' , I \ . I . \ . 1. I '- .. '.... , r :'\.tt . fA '. '. · , , r.:..,.~.~." 'I'~ ' telephone number.~1221~. fax number 221-2900. This law firm will assist the developer In all negotiations necessary with the City of Clearwater, Including, but not limited to, the negotiation, preparation and execution of a sales contract between the City of Clearwater/CRA and Information Management Resources Inc. The developer discloses that it, has no financial interest in this project and that it is not a joint venture partner with IMR or any other member of the development team. The developer's sole compensation will be provided by its client IMR and by no other entity. The developer discloses that the following nine sections have been prepared by the law firm of Hill, Ward and Henderson and have been reviewed end approved by IMR. IMR proposes to purchase from the City of Clearwater/CRA the entire 1.21 &a"8 parcel which is the sUbJed of this proposal. listed below is a general outline of the terms and conditions which would be incorporated into a definitive purchase and sale agreement for the subject property: . . '- '- '- '- The purchase price will be One Hundred Thirty One Thousand Seven Hundred Seventy Dollars ($131,770.00). 2. The closing of the purchase of the property will occur not later than thirty (30) days after and contingent upon the closing of the . purchase of the 14.3 scre parcel which was the subject of the January 5, 1998 RFP. '- 3. The purchase will be contingent upon the City/eRA providing IMR with certain development incentives and infrastructure Improvements similar to those which are being negotiated as a part of the other proparty acquisition. 4. The purchase of the property will be subject to the City/eRA providing to IMR timely and satisfadory confirmation that the property is -clean- from an environmental perspective. The City/eRA will provide IMR with 8 full and continuing indemnity for any preexisting environmental conditions which may be found on or about the subject property. The City/eRA shall pay all costs of environmental testing or remediation necessary. 5. The City/eRA will be required to deliver marketable and insurable title with respect to this property. All closing costs related to the acquisition of the property including but not limited to documentary stamps, survey costs, and title insurance costs shall be paid by the City/CRA. S: This purchase will be contingent upon all utilities necessary for the orderly development of the property being readily available at the 6 " ',. ; (, f~ tjl' ';;: '<-~"'.I'.::.\:".!~: ',,! ' >>;~d "'~~~,.;....."" ~ J. ;.. '... ,. . ..~.... . ~. . : 'i ;f.. . '.. '. . . . . ,"t.. '.. .. ' ) .' The'pUrchase will be s~~bJect to the purchaser's approval of any eRA tax aS8888merits, and the use thereof, which may be imposed upon this property in connection with its development. The purchase will be subject to the negotiation and execution of 8 definitive and binding purchase and sale agreement mutually acceptable to IMR and the City/eRA. Any member of our development team 18 available to answer any question which any City Official may have with regard to this proposal. 7. -L . 9. . ... . '- ... We appreciate the City's consideration of'this proposal and look forward to its early acceptance. . -L .L I , -' , . ~ " '- '- .... L... . -,,' ~~.: ~; ,. '. I :. '. ..,.' - . Iw_ - - - - 7 - .......I...;'..~ .'. .~..,... .... \.' \:"'.' ~\~; ''''.:'~:'.''/.,... .' ,.,-!-\...~:'l :.,.....: .'. .."'.I:;'...><:",.~~,;\>'.\','<'....,/..:...'. " "4 '.. \-. ....,~ 'jl \, ~ " . .\.'...... \.\ ~.~t' ,., \ :" '~,.:", "\..' .'.. ::"'?:','';' \':-./,....-:.I.:~.~.-..-.:. .... .\'.,' '>:., ~....'{.......: '..)..