HomeMy WebLinkAboutR-92-0250a.
N
J-92-405
4/30/92
RESOLUTION NO. 9 2 ._ 250
A RESOLUTION APPROVING IN PRINCIPLE AND
CONCEPTUALLY THE PLAN PRESENTED BY MIAMI
MOTORSPORTS INC. FOR THE EXPENDITURE OF UP TO
$9,000,000 WHICH WAS ALLOCATED BY
METROPOLITAN DADE COUNTY, PURSUANT TO
RESOLUTION NO. R1515-91, FOR THE PURPOSE OF
CONSTRUCTING A PERMANENT RACING FACILITY IN
ACCORDANCE WITH RACING INDUSTRY STANDARDS
(THE "FACILITY"), ON BICENTENNIAL PARK AND
THE FLORIDA EAST COAST (FEC) SITE; URGING
METROPOLITAN DADE COUNTY TO ACCEPT SAID
TENTATIVE PLAN; DIRECTING THE CITY CLERK TO
TRANSMIT A COPY OF THIS RESOLUTION TO THE
OFFICIALS.
WHEREAS, Chapter 125.0104 Florida Statutes provides that
Metropolitan Dade County may impose a one -percent (1%) bed tax to
pay the debt Service on bonds used to finance the construction of
a professional sports franchise; and
WHEREAS, the County, pursuant to Resolution No. R1515-91 has
tentatively allocated $9,000,000 of said one -percent (1%) bed tax
to construct a permanent racing facility in Dade County; and
WHEREAS, it would be a great benefit to the citizens of Dade
County and the City of Miami to have the Grand Prix remain in
downtown Miami;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
CITY COMMISSION
MEETING OF
19192.
Rosolution No.
i� 9 0
Section 1. The recitals and findings contained in the
Preamble to this Resolution are hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The Plan presented by Miami Motorsports, Inc.
for the expenditure of up to $9,000,000, which was allocated by
Metropolitan Dade County, pursuant to Resolution No. R1515-91 for
the purpose of constructing the Facility in Bicentennial Park and
the FEC tract, is hereby approved conceptually and in principle.
Section 3. The Miami City Commission hereby urges
Metropolitan Dade County to accept said tentative plan.
Section 4. The City Clerk is hereby directed to transmit a
copy of this Resolution to County Manager Joaquin Avino and the
members of the Board of County Commissioners.
Section 5. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 30th day of A_, 1992.
ATT
MA Y HIRAI
City Clerk
PREPARED AND APPROVED BY:
RAFKtL O. DIA
Deputy City Attorney
ROD/pb/csk/M2944
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XAVIER L� 0UAREZ;MAYOR
APPROVED AS TO FORM AND
CORRECTNESS:
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A. QTJ"3IN-'4,b S, if,
City Att r ey
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MATTY HIRAI
City Clerk
June 24, 1992
Mr. Joaquin Avino
County Manager
Metro -Dade Center
111 N.W. 1st Street
Miami, FL 33128-1974
CESAR H. ODIO
City Manager
RE: PROPOSED CONSTRUCTION OF A PERMANENT RACING FACILITY BY
MIAMI MOTORSPORTS INC.
Dear Mr. Avino:
Enclosed herein please find a copy of Resolution No. 92-250,
which was passed and adopted by the City of Miami Commission at
its meeting held on April 30, 1992, which is self-explanatory.
Please distribute one copy of said Resolution to the members of
the County Commission.
Thank you for your continued cooperation. If you have any
questions, please do not hesitate to call.
Y ZY
ly yours,
ATTHIRAI
City Clerk
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OFFICE OF THE CITY CLERK/3500 Pan American Drive/P.O. Box 330708/Miami, Florida 33233-0706/(305) 250-5360
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MATTY HIRAI
City Clerk
L:ttv of fit-arai
June 24, 1992
Mr. Ray Reed
Clerk of the Board of County Commissioners
Suite 210, Metro Dade Center
111 N.W. 1st Street
Miami. FL 33128-1974
CESAR H. ODIO
City Manager
RE: PROPOSED CONSTRUCTION OF A PERMANENT RACING FACILITY BY
MIAMI MOTORSPORTS INC.
Dear Mr. Reed:
Enclosed herein please find a copy of Resolution No. 92-250,
which was passed and adopted by the City of Miami Commission at
its meeting held on April 30, 1992, which is self-explanatory.
Please distribute one copy of said Resolution to the members of
the County Commission.
Thank you for your continued cooperation. If you have any
questions, please do not hesitate to call.
I
V r truly yours,
M TTY HIRAI
1 City Clerk
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i OFFICE OF THE CITY CLERK/3500 Pan American Drive/P.O. Box 330708/Miami, Florida 33233-0708/(305) 250-5360
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