HomeMy WebLinkAboutR-90-02744/12/90
RESOLUTION N0. _
A RESOLUTION APPROVING THE EXPENDITURE BY THE
MIAMI SPORTS AND EXHIBITION AUTHORITY OF
$25,000 TO PROMOTE THE 1990 NATIONAL GOLDEN
GLOVES CHAMPIONSHIPS AND $15,000 TO CONDUCT A
MARKET STUDY TO DETERMINE THE VIABILITY OF
BRINGING PROFESSIONAL HOCKEY TO THE CITY OF
MIAMI.
WHEREAS, the Miami Sports and Exhibition Authority (the
"Authority") approved on June 29, 1989 an administrative
operating budget for the fiscal year 1989-90; and
WHEREAS, the City Commission, by Resolution No. 89-837,
adopted on September 14, 1989, approved. the Authority's
administrative operating budget for the 1989-90 fiscal year; and
WHEREAS, the Authority has approved, subject to City
Commission approval, the expenditure of an additional $15,000 to
conduct a market study to determine the viability of bringing
professional hockey to the City of Miami, and $25,000 for the
promotion of the 1990 National Golden Gloves Boxing
Championships; and
WHEREAS, the expenditure of a total of $40,000 for the
market study and for the promotion of the 1990 Golden Gloves
Boxing Championships requires a supplemental budget allocation
from the Authority; and
WHEREAS, the ordinance creating the Authority provides that
the Authority is required to submit to the City Commission for
approval any supplemental budget allocation to the Authority's
budget;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The City Commission hereby approves the
expenditure by the Miami Sports and Exhibition Authority of
CITY' COMMISSION
MEETING OP
APR 12 1990
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$25,000.00 to promote the 1990 National
s
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Golden Gloves Boxing �_
Championships and $15,000 to conduct a market study to determine
the viability of bringing professional hockey to the City of
Miami.
Section 2. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 12th day of_Apr,il, 1990
ATjTtV40---'—
MATTY HIRAI, CITY CLERK
PREPARED AND APPROVED BY:
RAFAEL DIAZ
ASSISTANT CITY ATTORNEY
XAVIER
APPROVED AS TO FORM AND CORRECTNESS:
JO E L. FE ANDEZ
CITY ATTORNE
ROD/fl/M1459
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. SU Z, YAYOR
90- 0274
10.
CITY OF MIAMI. FLORIDA
INTER -OFFICE CA=29
MEMORANDUM
TO The Honorable Mayor and DATE: April 5, 1990 FILE:
Members of the City Commission =
SUBJECT. Approval of iJnanticipated Expenses
for the 1989-90 Fiscal Year
SRO h1 Lourdes Reyes REFERENCES -
Acting Executive Director
ENCLOSURES. _
RECOMMM4ENDATION :
It is recommended that the City Commission approve the attached
resolution approving the expenditure of $25,000 to promote the.
1990 National Golden Gloves Championships and $25,000 to retain a
Lobbyist for the 1990 Legislative Session.
BACKGROUND:
The Miami Sports and Exhibition Authority, subject to Commission
approval, has appropriated $25,000 to secure the services of a
lobbyist for the 1990 Legislative Session. There are several
issues of concern facing legislature one of which could affect
the revenues of the Authority by approximately $400,000 yearly.
An additional amount of $25,000 has been appropriated to promote
the 1990 National Golden Gloves Championship to be held at the
Miami Arena, upon the recommendation of the Commission, at its
September 29, 1989 meeting. This money is a loan and is to be
repaid from any profits generated by ticket sales, concession
revenue, advertising, etc.
cc: Cesar H. Odio
City Manager
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