HomeMy WebLinkAboutR-87-03664/9/87
J-87-371
RESOLUTION NO. 87 366
A RESOLUTION ALLOCATING AN AMOUNT NOT TO
EXCEED $50,000 FROM SPECIAL PROGRAMS AND
ACCOUNTS, CONTINGENT FUND TO BRING A MAJOR
INTERNATIONAL SOCCER MATCH BETWEEN THE
PROFESSIONAL TEAMS OF BRAZIL AND COLUMBIA TO
THE MIAMI ORANGE BOWL STADIUM ON MAY 16,
1987, WITH $17,300 REPRESENTING RENTAL
PAYMENTS FOR USE OF SAID STADIUM ON MARCH 12
AND 14, 1987 BY MIAMI MONDIAL, INC., THE
SPONSORING ORGANIZATION, AND $16,500
REPRESENTING NET REVENUE FROM PARKING AND
CONCESSION OPERATIONS FOR ORANGE BOWL SOCCER
EVENTS ON MARCH 12 AND 141 1987, WITH AN
ADDITIONAL MINIMUM AMOUNT OF $8,000
REPRESENTING THE RENTAL PAYMENT FOR THE USE
OF SAID STADIUM ON MAY 16, 1987 BY MIAMI
MONDIAL, AND AN AMOUNT NOT TO EXCEED $8,200
REPRESENTING ANTICIPATED NET REVENUE TO BE
EARNED FROM PARKING AND CONCESSION OPERATIONS
ON MAY 16, 1987.
WHEREAS, Miami Mundial, Inc. has worked diligently to bring
major international soccer events to the City of Miami Orange
Bowl Stadium; and
WHEREAS, the City Commission, by adoption of Motion No. 87-
255 on March 13, 1987, directed the City Manager to negotiate up
to $50,000 to promote a world -class soccer game in the Orange
Bowl Stadium on May 16, 1987 using anticipated profits from
soccer games played on March 12 and 14, 1987; and
WHEREAS, net profits from the March games only amounted to
$16,500 from parking and concession operations; and
WHEREAS, the amount of $17,300 is forthcoming in the form of
rental payments for said March soccer games, with there being an
additional minimum amount of $8,000 to be forthcoming from the
rental charges for the May 16, 1987 game, and there being a
minimum amount of $8,200 anticipated to be received from parking
and concession operations on May 16, 1987; and
WHEREAS, an amount not to exceed $50,000 is needed by Miami
Mundial and the Department of Parks, Recreation and Public
Facilities to meet committments for this event; and
WHEREAS, said organization will use a portion of said funds
to complete travel arrangements for the professional teams of
Brazil and Columbia to Miami; and C 7co
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WHEREAS, said funds will also be used to complete
arrangements for satellite television hook-ups so as to provide
maximum media exposure nationally and internationally; and
WHEREAS, said funds as set forth above are currentiv
available from Special Programs and Accounts, Contingent Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. An amount not to exceed $50,000 is hereby
allocated from Special Programs and Accounts, Contingent Fund to
bring a major international soccer match between the professional
teams of Brazil and Columbia to the Miami Orange Bowl Stadium on
May 16, 1987, with $17,300 representing rental payments for use
of said stadium on March 12 and 14, 1987 by Miami Mundial, Inc.,
the sponsoring organization, and $16,500 representing net revenue
from parking and concession operations at said stadium March 12
and 14, 1987, with an additional minimum amount of $8,000
representing the rental payment for the use of the Orange Bowl
Stadium on May 16, 1987 by Miami Mundial, and an amount not to
exceed $8,200 representing anticipated net revenue to be earned
from parking and concession operations on May 16, 1987.
PASSED AND ADOPTED this 9th. day it ,1987.
XAVIER L. &AREZ
MAYOR
ATT
( - f-0 o X/�
MAT Y HIRAI, CITY CLERK
PREPARED AND APPROVED BY:
0 RT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
- 2 -
APPROVED TO FORM AND
CORREC S :
"W..'i,1 ii. A~WW
CITY ATTORNEY