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Home My WebLink AboutR-87-0650J-87-628 7/09/87 RESOLUTION S % ws}' A RESOLUTION CONCERNING THE INBOARD NATIONAL HYDROPLANE CHAMPIONSHIPS TO RE HELD AUGUST 8 AND 9, 1987, AT THE MARINE STADIUM; ALLOCATING AN AMOUNT NOT TO EXCEED $25,000 FROM SPECIAL PROGRAMS AND ACCOUNTS, CONTINGENT FUND, AS A GRANT TO THE FLORIDA INBOARD RACING CLUB TO BRING SAID EVENT TO THE CITY, WHICH EVENT WILL BE TELEVISED FOR THREE HOURS ON E.S.P.N. TELEVISION THEREBY PROMOTING THE CITY OF MIAMI AND THE MARINE STADIUM; ALLOCATING AN ADDITIONAL AMOUNT NOT TO EXCEED $10,000 FROM SPECIAL PROGRAMS AND ACCOUNTS, CONTINGENT FUND, TO COVER THE COST OF RENTAL OF THE MARINE STADIUM FOR SAID EVENT; FURTHER AUTHORIZING THE USE OF COMMUNICATIONS RADIOS AND RELATED EQUIPMENT FOR SAID EVENT; SUBJECT TO AND CONTINGENT UPON COMPLIANCE WITH SUCH CONDITIONS AND LIMITATIONS AS MAY BE PRESCRIBED BY THE CITY OF MIAMI. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. An amount not to exceed $25,000 is hereby allocated from Special Programs and Accounts, Contingent Fund, as a grant to the Florida Inboard Racing Club to bring the Inboard National Hydroplane Championships to the Marine Stadium on August 8 and 9, 1987, which event will be televised for three hours on E.S.P.N. television thereby promoting the City of Miami and the Marine Stadium. Section 2. An amount not to exceed $10,000 is hereby allocated from Special Programs and Accounts, Contingent Fund, to cover the cost of rental of the Marine Stadium for said event. Section 3. The City Manager is hereby authorized to allow the use of communications radios and related equipment for said event. Section 4. The aforementioned allocations and approvals are hereby subject to and contingent upon the organization's compliance with any and all applicable administrative directives and/or requirements. PASSED AND ADOPTED this ATTEST: MRrft HIRAI, CITY CLERK 9th day of J u lV 1987. XAVIER L UAREZ MAYOR .. CiT1 COMIAIJSiON %TE: T1 'TC; OF I ESULUTION No. i FINANCIAL REVIEW AND APPROVAL: BUDGETARY REVIEW AND APPROVAL: -- CARE nIAf DIRECTORR MANOHAR MNA, DIRECTOR DEPARTMENW OF FINANCE MANAGEMENT AND BUDGET PREPARED AND APPROVED BY: APPROVED -AS TO FORM AND CORRECT,ftSS: RO ERT F. CLA K LU A!A. DOUGHERTY CHIEF DEPUTY CITY ATTORNEY C TY ATTORNEY -2- psi A. . _._.. d CI?T OF MIAMI, FLORIDA 2 0 INTER -OFFICE MEMONANDUM to: Honorable Mayor and Members of the City Commission FROM: Cesar H. Odio City Manager 0 Recommendation: GATE: J N N 3 0 1997 FILE: SUBJECT: Resolution $25,000 for Hydroplane REFERENCES: ENCLOSURES: Allocating Inboard National Championships It is respectfully recommended that the City Commission adopt the attached resolution allocating an amount not to exceed $25,000 from Special Programs and Accounts. Contingent Fund, as a grant to the Florida Inboard Racing Club in order to bring the Inboard National Hydroplane Championships to the Marine Stadium on August 8 and 9, 1987 and to secure three hours of E.S.P.N. television coverage of the event. Background: The Department of Parks, Recreation and Public Facilities has prepared the attached resolution as a result of Motion 87-226 which directed the City Manager to allocate an amount not to exceed $25,000 to bring the Inboard National Hydroplane Championships to Miami. The sponsor of the event is the Florida Inboard Racing Club (F.I.R.C.) which has been the City's co-sponsor for the past several Budweiser Unlimited Hydroplane Regattas. The Inboard Championships which are being promoted as "Miami Hydroblast 187" are expected to draw over 5,000 spectators and approximately 180 race teams from throughout the United States and Canada. The $25,000 grant, will enable the F.I.R.C. to secure three hours of E.S.P.N. television coverage of the event which promotes the City of Miami and the Marine Stadium. The F.I.R.C. will enter into a standard agreement with the City for use of the Marine Stadium. Attachements: Proposed Resolution Budget for Event . _V.-;1A SUBJECT: REQUEST FOR FUNDS. ORGANIZATION: FLORIDA INBOARD RACING CLUB INC. COMMODORE: JACK LINDE14AN AMOUNT REQUESTED: $25,000.00 PURPOSE OF FUNDS: 1987 APBA INBOARD NATIONAL CHAMPIONSHIPS. PATE: 7,8'& 9 AUGUST, 1987 PLACE: CITY OF MIAMI MARINE STADIUM WHAT IMPACT WILL THIS EVENT HAVE ON TOURISM AND REPUTATION FOR THE CITY OF MIAMI? The Inboard National Championships is expected to draw over 5000 spectators. Approximately 180 race teams from 20 different states and Canada will compete in powerboat ra,-ings most demand- ing event, last held in the City of !:iami in 1972. More importantly Florida Inboard Racing Club feels this event will highlight the City of Miami with ESPN filming (to be shown in late fall) and active sponsorship of racing teams and classes by Ford, Mercury Marine will assure media coverage of the event. This race weekend will assemble the largest field of race boats in 'the U.S. The slowest 85 MPH TO THE FASTEST 155 MPH, WITH 8 TO 12 BOATS IN EVERY HEAT WITH RACES STARTING EVERY 20 MIN. The following demographics and informations is not news to anyone involved with the City of Miami: MOTORBOAT RACING IS THE HYBRID OF AMERICA`S TOP RANKED PARTICIPANT AND SPECTATOR SPORTS. It is a relatively new sport specially prepared for commercial Presentation. Performance boating (33,000 enthusiast surveyed); 76% are between the age of 19 and 40, 16% are over age 40, 81% are married, 62% have annual income over $30,000 and 65% are male. Lou Nuta has been appointed Liaison by FIRC to the City of Miami. Bob Craig is Race Coordinator, Chuck Ankrum is Race Chairman. The Florida Inboard Racing Club, chartered and sanctioned by the American Powerboat Association, -was organized more than 23 years ago duribg the development of the Miami Marine Stadium. Since then FIRC has sponsored and managed powerboat races at the stadium and throughout the State of Florida. FIRC in coorperation with the City of Miami'and Champion Spark Plug and in recent years in partnership with the City of Miami and Budweiser have successfully conducted the Unlimited Regatta at the marine stadium. The following is Championships Regatta. FIRC`s proposed budget for the National 1 PROPOSED BUDGET - 1987 NATIONALS COST I Prize Monies $16,000.00 j Trophies ' 11000.00 Advertisement/Mailing (contestants) 1,632.00 Sanction, insurance & medical 1,535.00 Officals, patrol tms & workers 1,100.00 Cranes 8,000.00 Stadium rental, inclusive. 4,500.00 Entertainment, drivers/owners 1,500.00 Course survey (twice) 750.00 TV production cost ESPN 30,000.00 Ambulances, patro tms, divers etc. 2,500.00 Race headquarters 1,000.00 Utilities extra water & elect. & commo 500.00 Public Relations 3,500.00 •Advertising 7,400.00 TOTAL $79,917.00 REVENUE 'TICKET SALES (projected) $10,000.00 ENTRY FEES (projected) 6,000.00 SPONORSHIPS (firm) 5.000.00 APBA PROMOTIONAL FUND (firm) 30,000.00 FIRC (membership) 4,000.00 TOTAL $55,000.00 SHORTFALL 24,917.00 2 3 8 _ 6 all; , .. • .. 11 t+;ram f _ __ _. i American Ier. , US. National Boat Association Authority U.I.M. MICHAEL K. JONES EDGAR ROSE STANTON T. FITTS ERNIE OAWE i, P►Nidant SOW Viet President Swatary Treasurer REPLY to r M t Mr. Jack Linderman Y PO Box 35 Homestead, h 33090 Dear Jack: The Inboard Race Commission, by majority vote`, has awarded the Inboard Nationals to Miami, FL August 7-8-9, 1987. Think SOety Tony Scarti'ne Inboard Vice President y