HomeMy WebLinkAboutItem #25 - Discussion ItemMAy— 4-10M THU 1 1
CITY OF MIAMI, r'LORIDA
INTER -OFFICE MEMORANDUM 26
T0` Honorable Mayor and Members
of the City Commission
FROM : Ce3s O
City
RECOMMENDATION:
DATE : May 11 , 1995 FILE :
suwecr .pasolution Authorizing the Mt.
M&wgar to fit* an AgMattwn'
with Monte Carlo Casino cruise
RGFGR6Nc�4: Dook SPaCe at X'aA 'na toate a Gambling Casino VFW%
ENCLOSURES:
IL 10 raspeu1,ful1y revommelidad 1AItal. Wit! City CvVA"'1:b:b1on adapt the
atrtoohed Resolution authorizing the City Manager to exeoute an
Agreement, in a form acceptable to the City Attorney, between the
City of Miami and Monte Carlo Casino Cruises for dock space at:
Miamarina to operate a gaging excursion vessel.
9ACKGROUND:
The Department of Conferences, ConventiOn S and Public Facilities
has reviewed the proposal from Monte Carlo Casino Cruises for
dock space at Miamarins for the purpose of operating a gaming
excursion venael, and recommend* that the City Manager enter i,.n
said Agraesmmnt. Tha AixaQnti.aa points of the Agreement shall
inolodei
e 235 r'eet of dock space; exact location to be mutually
agreed upon prior to contract slgalrig,
e Five (5) Year initial term with An additional fives {�)
year option.
* Agreement would survive a sale or the Marina property.
s e Monte Carlo Casino Cruises would be awarded the exclusive
right to operate a gaming excursion vessel from Miamarina, such
gaming casino to be operated in international waters only.
a The Fee U hedula provides for a fixed monthly rent ox
$15,000 during the first, ycar, $16,666 during the second and
s third year. plus an additional payment, of s1.nn per passenger for
kA every passenger over 8,000 passengers Per month, and $20,000
during the fourth and fifth year of the Agreement, plus an
;additional payment of $1.00 per passenger for every passenger
over 8,000 poarsonger* per month.
j Atteohment: