C7BG - Evaluate 5th Street Bridge

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, DIRECTING THE CITY ADMINISTRATION TO THOROUGHLY EVALUATE THE ASSESSMENT AND SUPPORTING DOCUMENTATION PROVIDED BY TCH 500 ALTON, LLC (DEVELOPER) AND ITS ENGINEERS, AS WELL AS ANY OTHER INFORMATION THE ADMINISTRATION DEEMS NECESSARY OR APPROPRIATE, REGARDING THE FEASIBILITY OF THE 5TH STREET PEDESTRIAN BRIDGE AS CURRENTLY DESIGNED OR POTENTIALLY REDESIGNED; AND, IN THE EVENT THE ADMINISTRATION CONCURS THAT A FURTHER REDESIGN OF THE BRIDGE IS NOT FEASIBLE, TO PROMPTLY ENGAGE IN NEGOTIATIONS WITH THE DEVELOPER FOR THE CONSTRUCTION OF AN OVER-WATER ALTERNATIVE TO PROVIDE SAFE PEDESTRIAN CONNECTIVITY, WITH SUCH NEGOTIATIONS TO INCLUDE THE TRANSFER OF THE CITY’S AND THE DEVELOPER’S RESPECTIVE FINANCIAL OBLIGATIONS EXISTING UNDER THE DEVELOPMENT AGREEMENT TO THE OVER-WATER ALTERNATIVE; AND FURTHER, DIRECTING THE ADMINISTRATION TO REPORT BACK TO THE CITY COMMISSION WITH ITS FINDINGS AND RECOMMENDATIONS, AT THE OCTOBER 14, 2026 CITY COMMISSION MEETING.