Broward County Commission Regular Meeting
Director's Name: Bertha Henry
Department: County Administration
Information
Requested Action
title
MOTION TO DISCUSS negotiations between Broward County and Vital Pharmaceuticals, Inc. (d/b/a Bang Energy) for Solicitation No. PNC2121385F1 - Land Development Opportunity in Unincorporated Southwest Broward County.
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Why Action is Necessary
Required to have a public discussion on this issue.
What Action Accomplishes
Permits a public discussion on this issue.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
On May 1, 2020, Broward County ("County") received an unsolicited proposal from Foundry Commercial, LLC related to the lease and development of Broward County-owned land in Unincorporated Southwest Broward County ("Unsolicited Proposal"), pursuant to Section 255.065, Florida Statutes ("P3 Statute").
On June 2, 2020 (Item No. 12), the Board directed the County Administrator to evaluate the unsolicited proposal.
On June 16, 2020 (Item No. 19), the Board directed the County Administrator to publish notice that Broward County has received an unsolicited proposal and would accept other proposals for the same project for a period of 50 days after the initial date of publication.
The Purchasing Division published Solicitation No. PNC2121385F1 Land Development Opportunity in Unincorporated Southwest Broward County. By the August 12, 2020 due date, the County received three proposals: Bridge Development Partners, LLC; Helms Development/Clarion Partners; and Vital Pharmaceuticals, Inc. (VPX), d/b/a Bang Energy. Bridge Development Partners, LLC subsequently withdrew from consideration.
On October 6, 2020 (Item No. 53), the Board approved a motion to hear presentations from all proposers. Pursuant to Section 255.065, Florida Statutes, Board of County Commissioners' approval is required to rank submitted proposals.
On October 21, 2020, the Board heard presentat...
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