HomeMy WebLinkAboutR-86-0841yyy
J-86-913
M-86-830
(10/7/86)
RESOLUTION NO. SS".641
A RESOLUTION RATIFYING, APPROVING AND
CONFIRMING THE ALLOCATION OF =9,S00 FROM
SPECIAL PROGRAMS AND ACCOUNTS, CONTINGENT
FUND, IN SUPPORT OF THE EFFORT TO SECURE A
FRANCHISE FROM THE NATIONAL BASKETBALL
ASSOCIATION FOR AN EXPANSION PROFESSIONAL
BASKETBALL TEAM TO BE LOCATED IN THE CITY OF
MIAMI, SAID ALLOCATION BFING PLACED IN ESCROW
FOR THE PURCHASE OF 700 RESERVED SEASON
TICKETS FOR THE HOME GAMES OF SUCH TEAM WITH
THE UNDERSTANDING THAT THE TICKETS WILL
BECOME AVAILABLE FOR CITY EMPLOYEES TO BUY AT
THE ORIGINAL PRICE PAID BY THE CITY FOR SAID
TICKETS.
BE IT RESOLVED BY THE COMMISSION' OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The allocation of $9,600 from Special
Programs and Accounts, Contingent Fund, in support of the effort
to secure a franchise from the National Basketball Association
for an expansion professional basketball team to be located in
the City of Miami, said allocation being placed in escrow for the
purchase of 100 reserved season tickets for the home games of
such team with the understanding that the tickets will become
available for City employees to buy at the original price paid by
the city for said tickets is hereby ratified, approved and
oonfirmed.
PASSED AND ADOPTED this 23rd day of
XXA-
W-e�o��ATTE R L.
NATTY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
i
'RO
BERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
, MAYOR
TO FORK AND
LTJCIN A . MUG
CITY ATTORNEY
W
RFC:bss:M241
CITY COMOSSION
NZC OF
OCT 19,36
SOLUTION No.
MARKS: