HomeMy WebLinkAboutR-91-0630lot
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RESOLUTION NO.
A PESOLUTION RATIFYINO, APPROVING AND
CONFIRMING THE ACTIONS OF THE CITY MANAGER IN
MAKING THE GRANT PROCEEDS FROM THE
METROPOLITAN DADE COUNTY TOURIST DEVELOPMENT
TAX REVENUES AVAILABLE TO SPECTATORS
MANAGEMENT GROUP, INC. ("SMG") IN THE AMOUNT
OF $45,000 AS REIMBURSEMENT FOR EXPENSES
INCURRED BY IT IN CONNECTION WITH ITS
PERFORMANCE OF SUPPORT ACTIVITY REGARDING THE
1991 FEDERATION INTERNATIONALE DES SOCIETES
D'AVIRON (FISA REGATTA), HELD AT THE MIAMI
MARINE STADIUM AUGUST 28 - SEPTEMBER 1, 19919
AND IN HIS APPLYING FOR AND ACCEPTING A GRANT
IN THE AMOUNT OF $109000 FROM THE MIAMI
SPORTS AND EXHIBITION AUTHORITY (MSEA) IN
CONJUNCTION WITH THE FISA REGATTA; FURTHER
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RATIFYING, APPROVING AND CONFIRMING THE
DIRECT TRANSMITTAL AND TRANSFER OF SAID
$100000 FROM THE MSEA DIRECTLY TO SMG BY WAY
OF GRANT FROM THE CITY AT THE REQUEST OF THE
CITY MANAGER TO COVER EXPENSES INCURRED BY
SAID SMG IN ITS UNDERTAKING TO ADMINISTER
k' REQUIRED SUPPORT ACTIVITY IN CONNECTION WITH
THE FISA REGATTA.
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WHEREAS, a direct grant to the City from the Metropolitan
Dade -County Tourist Development Tax Revenues in the amount of
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$4.54000 in conjunction with the 1991 Federation Internationale
Des Societes D'Aviron (FISA Regatta) was the subject of Ordinance
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No. 10886 which appropriated said proceeds and these monies in
turn. were then transferred by way of grant to the Spectators
Management Group, Inc. (SMG) which administered all required'
support activity in connection with the 1991 Federation'
Internationale Des Societies D'Aviron (FISA Regatta) held at the
Miami Marine Stadium on August 28 September 1, 1991, said SMG
performing this task without retaining any grant proceeds for
itself as compensation; and
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, grant in the a
:? WHEREAS an :additional mount of $1p,000 was.;
made available to the City from the Miami Sports and -on
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Authority (MSEA) immediately prior to said FISA Regatta and tSA
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