HomeMy WebLinkAboutR-92-0218I A 4
J-92-226
4/2/92
RESOLUTION NO. 9 2 -.. 218
A RESOLUTION, WITH ATTACHMENT, RELATED TO THE
21ST ANNUAL MIAMI BUDWEISER UNLIMITED
HYDROPLANE REGATTA ("REGATTA"), SPONSORED BY
THE UNITED RACING COMMISSION, TO BE HELD AT
MIAMI MARINE STADIUM IN JUNE, 1992; WAIVING
ALL FEES FOR THE USE OF THE MIAMI MARINE
STADIUM AND FOR THE PLACEMENT OF TEN (10)
BANNERS FOR SAID EVENT; ACCEPTING AN AMOUNT
OF $55,000 FROM SAID SPONSOR TO BE APPLIED
TOWARDS THE COSTS OF CITY FEES AND SERVICES
PROVIDED BY THE DEPARTMENTS OF POLICE, FIRE,
RESCUE AND INSPECTION SERVICES, AND GENERAL
SERVICES ADMINISTRATION/SOLID WASTE, BASED
UPON THE ATTACHED PROJECTED SUMMARY BUDGET,
CONDITIONED UPON: (1) THE ORGANIZER
REIMBURSING THE CITY UP TO ONE HUNDRED
PERCENT (100%) FROM THE PROFITS GENERATED BY
SAID EVENT, (2) THE CITY'S RIGHT TO AUDIT THE
ORGANIZER'S ACCOUNTING RECORDS, (3) THE
ORGANIZER OBTAINING INSURANCE TO PROTECT THE
CITY IN THE AMOUNT AS PRESCRIBED BY THE CITY
MANAGER OR HIS DESIGNEE, AND (4) THE
ORGANIZER PAYING FOR ANY ADDITIONAL EXPENSES
NOT CONTEMPLATED IN THE PROJECTED BUDGET;
FURTHER CONDITIONED UPON THE ORGANIZER
PROVIDING THE CITY WITH 100 COMPLIMENTARY
TICKETS AND 20 PIT PASSES TO SAID EVENT,
EXCLUSIVE OF AUTHORIZED MEDIA
REPRESENTATIVES; AND AUTHORIZING THE CITY
MANAGER TO EXECUTE AN AGREEMENT, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE
CITY OF MIAMI AND THE UNITED RACING
COMMISSION, FOR SAID EVENT.
rlax-mD ltY:
CITY COM"1IISSI02J
MEETING OF
AM 0 2 1992
Resolution No.
92-- 21
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. All fees are hereby waived for the use of the
Miami Marine Stadium and for the placement of ten (10) banners
for the 21st Annual Miami Budweiser Unlimited Hydroplane Regatta
("Regatta"), to be held at Miami Marine Stadium in June, 1992.
Section 2.
An amount of $55,000 is
hereby accepted from
_!
t
the United Racing
Commission, sponsor of
the Regatta, to be
'
applied towards the
costs of City fees and
services provided by
the Departments of
Police, Fire, Rescue and
Inspection Services,
i
and General Services Administration/Solid Waste,
based upon the
attached projected summary budget, and conditioned upon: (1) the
organizer reimbursing the City up to one hundred percent (100%)
from the profits generated by said event, (2) the City's right to
audit the organizer's accounting records, (3) the organizer
obtaining insurance to protect the City in an amount as
prescribed by the City Manager or his designee, and (4) the
organizer paying for any additional expenses not contemplated in
the attached projected budget; further, conditioned upon the
organizer providing the City with 100 complimentary tickets and
20 pit passes to said event, exclusive of authorized media
representatives.
- 2 -
92- 218
k
Manager is hereby authorized
to
Section 3. The City
execute an agreement,'/ in a form acceptable to the City
the City Of Miami and the United Racing
Attorney, between
Commission for said event.
become effective
esolution shall
Section 4. This R
immediately upon its adoption
PASSED AND ADOPTED this 2nd day of Ap r 3.1
1992.
>O�XA�VIER �L MAYOR�
ATT T*
TT IMATY 4HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
ABELLA
ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
4 A NN ES
QQU NN ES, III
CITY ATT EY
M2854/IMA/bjr
The herein authorization is further subject to compliance with
all requirements that may be
imposed by the City Attorney
including but not limited to those prescribed by applicable City
Charter and Code provisions.
2 18
-3- 92
i
_�� 1
BUDGET SUMMARY
SUMMARY
FIRE $13,712.00
POLICE $25,500.0r
GSA/SW $25 , 458 . t
OPERATIONS $5,000.00
STAFF/PERSONNEL
PREP/DAYS OF 10,800 PREP+$201011 EVENT vr+-
EVENT/DISMANTLE $44,123.80 i$13,312.80)
---------------$113,794.71
_ i. Am Ji e+
92- 218