Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Ranking Firms To Provide Services Related To The Orangebrook Golf Course Redevelopment, A General Obligation Bond Project, Through A Public-Private Partnership; Authorizing The Appropriate City Officials To Negotiate An Agreement With One Of The Four Ranked Firms.
Strategic Plan Focus
Economic Vitality
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
At the Commission meeting on January 18, 2023, the Commission gave guidance to have the Evaluation Committee re-score/re-rank the Orangebrook firms based on new information that was presented by the firms up to and during that meeting. The newly presented information from each firm was shared through updated BAFOs with the Evaluation Committee in order for them to re-score/re-rank the firms, and information was also used to update analysis documents from our consultants (CBRE and National Golf foundation) assisting with the project. On February 13, 2023, the Evaluation Committee re-scored/re-ranked the updated BAFOs from each firm during a public Evaluation Committee meeting. The updated scores/ranks from the February 13, 2023, meeting as well as the updated CBRE Analysis and BAFOs have been attached to this agenda item.
January 18, 2023 meeting:
An unsolicited offer for the Orangebrook Golf Course Redevelopment ("OB Redevelopment") was received by the City under the provisions of the State of Florida's Public-Private Partnerships ("P3") statute (Section 255.065, F.S.). According to the P3 statute, the City determined the proposal to be qualified and published the required notice of the receipt of an unsolicited proposal and the City's willingness to accept competing proposals for OB Redevelopment. The City's real estate consultant and transaction advisor, CBRE, ensured that the project was broadly marketed to obtain the most beneficial proposals for the City and its taxpayers. The opportunity to sub...
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