HomeMy WebLinkAboutR-90-0281-J- 90 -3014
4/10 '90
RESOLUTION NO 90-0"f'i
A RESOLUTION CONCERNING THE 1990 BUDWEISER
UNLIMITED HYDROPLANE REGATTA TO BE CONDUCTED
BY THE CITY JUNE 1-3, 1990 AT THE MIAMI
MARINE STADIUM, MORE PARTICULARLY;
AUTHORIZING THE CITY MANAGER TO EXECUTE AN
AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, BETWEEN THE CITY OF 141AMI AND
ANHEUSER-BUSCH, INC. FOR SPONSORSHIP
ASSISTANCE FOR SAID EVENT; FURTHER
AUTHORIZING THE CITY MANAGER TO ISSUE UP TO
950 COMPLEMENTARY TICKETS, EXCLUSIVE OF
AUTHORIZED MEDIA REPRESENTATIVES, TO SAID
EVENT FOR THE PURPOSE OF PROMOTING THE CITY
OF MIAMI, ITS FACILITIES AND EVENTS; FURTHER
PROVIDING THAT PARKING FEES BE WAIVED FOR
THIS EVENT; FURTHER AUTHORIZING PAYMENTS TO
FLORIDA INBOARD RACING CLUB FOR THE PROVISION
OF CRANES AND A SALVAGE BOAT NEEDED FOR SAID
EVENT IN AN AMOUNT NOT TO EXCEED $12,650 AND
FOR PRIZE MONIES FOR PARTICIPANTS IN LIMITED
HYDROPLANE RACES IN AN AMOUNT NOT TO EXCEED
$2,500; AUTHORIZING THE CITY MANAGER TO
PURCHASE THE NECESSARY INSURANCE IN THE
AMOUNT OF $13,602 FROM K & K INSURANCE
AGENCY, INC. AND IN THE AMOUNT OF $7,500 FROM
THE AMERICAN POWER BOAT ASSOCIATION; FURTHER
AUTHORIZING THE EXPENDITURE OF FUNDS FOR CITY
STAFFING AND SERVICES AND FOR THE PROCUREMENT
OF GOODS, SUPPLIES AND SERVICES REQUIRED,
INCLUDING THE ABOVE REFERENCED AMOUNTS, FOR
SAID REGATTA IN A TOTAL AMOUNT OF $120,013,
ALLOCATING FUNDS THEREFOR IN THE AMOUNTS OF
$84,013 FROM THE FY-90 MARINE STADIUM
ENTERPRISE FUND BUDGET AND $40,000 FROM A
GRANT FROM METROPOLITAN DADE COUNTY TOURIST
DEVELOPMENT TAX REVENUES.
WHEREAS, the City of Miami. produced 20th Annual Budweiser.
Unlimited Hydroplane Regatta will be held June 1, 2 and 3, 1990
at the Marine Stadium; and
WHEREAS, the customary sponsorship agreement between the
City and Anheuser-Busch, Inc. is being drafted by Anheuser-Busch;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals contained ir. the Preamble to this
Resolution are hereby incorporated by referenced thereto and
adopted as if fully set forth in this Sectiori.
CITY Coy-14ISSION
MEETING OF
CITY�Oy""c'�'I ON
,ETI�G OF]
PR ]it 1990
A:PR]"! 1990
C)0_02t
90-02811
Section 2. ql-ie City Manager is hereby authorized to execute
an agreement, in a form acceptable to the City Attorney, between
the City of Miami and Anheuser-Busch, Inc. for sponsorship
assistance for the 1990 Budweiser Unlimited Hydroplane Regatta to
be conducted June 1-3, 1990 at the Marine Stadium.
Section 3. The City Manager. is 'hereby authorized to issue
up to 950 complementary tickets, exclusive of authorized media
representatives, for the purpose of promoting the City of Miami.,
its facilities and events.
Section 4. The parking fees shall. be waived for this event.
Section 5. The City Manager is hereby authorized to make
payments to the Florida Inboard Racing Club for the provision of
cranes and a salvage boat needed for said event in an amount not
to exceed $12,650 and for prize monies for participants in
limited hydroplane races in an amount not to exceed $2,500.
Section 6. The City Manager j. s hereby authorized to
purchase the necessary insurance in the amount of $13, 602 from
K & K Insurance Agency, Inc. and in the amount of $7,500 from the
American Power Boat Association.
Section 7. The expenditure of funds for City staffing and
serv.A.ces and for the procurement of goods, supplies and services
required, including the amounts hereinabove, for said Regatta is
hereby authorized ir. a total amount of $120,013 with funds
therefor hereby allocated ir. the amounts of $84,013 from the
FY'90 Marine Stadium Enterprise Fund and $40,000 from a grant
from Metropolitan Dade County Tourist Development Tax Revenues.1/
Section 8. This Resolution shall become effective
immediately upon its adoption.
Expenditures in excess of the amount set forth in Section 5
hereof ($36,252) shall be made in. compliance with applicable
City Code provisions.
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11
El
hASS ?L) TvNT) AT)OPTED this J,2tliday of Apr1-1 — 1990.
XAVI R L. SUAREZ
MAYOR
ATTEST
MATT HIRAI, CITY CLERK
PREPARED AND ,NgROVED BY s_
RO VILARELLO
CH ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
JO G E ANDEZ
CI Y ATTORN Y