Loading...
HomeMy WebLinkAboutR-84-06123 Q j xt T J�Sy4��G5 RESOLUTION NO. 'r"'612 A RESOLUTION RATIFYING, CONFIRMING, AND APPROVING THE ACTION OF THE CITY MANAGER IN EXECUTING THE ATTACHED AGREEMENTS WITH THE FOLLOWING: (1) ANHEUSER-BUSCH, INCORPORATED TO IMPLEMENT PAYMENT OF $100,000 TO THE UNLIMITED RACING COMMISSION BY SAID FIRM; AND (2) FLORIDA INBOARD RACING CLUB FOR THE USE OF THE MIAMI MARINE STADIUM JUNE 8TH THROUGH 10, 1984, IN CONJUNCTION WITH THE CITY - SPONSORED 14TH ANNUAL BUDWEISER UNLIMITED HYDROPLANE REGATTA HELD JUNE 10, 1984 AT THE MIAMI MARINE STADIUM. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The action of the City Manager in executing the following attached instruments: (1) agreement with Anheuser- Busch, Incorporated to implement payment of $100,000 to the Unlimited Racing Commission by said firm; (2) agreement with Florida Inboard Racing Club for the use of the Miami Marine Stadium June 8th through June 10, 1984, both agreements having been executed in conjunction with the City -sponsored 14th Annual Budweiser Unlimited Hydroplane Regatta held June 10, 1984, are hereby ratified, confirmed, and approved. PASSED AND ADOPTED this 14th day of June , 1984. Mm it i Ce A Ferre AT EST:/ Q MAURICE A. FERRE, Mayor RAL H G. ONGIE4.01 City Clerk PREPA ED AND APPROVED BY: 7nL ROBERT F. CLARK Deputy City Attorney APPROVED AS TO FORM AND CORRECTNESS: ♦ et l Oty E GA CIA-PEDROSA Attorney RFC/wpc/pb/088 CITY COMMISSION MEETING OF JUN 14 1984 RESOLU11Ua ��o. 134,-612 t '� _._ REMARKS. i AW C c - h CITY CF MIAMI i MR= s THIS R:N' ,made and entered into this day of ' 1984 and between the City of Miami, a Municipal Corporation of the State.of Florida, hereinafter referred to as -the "City" and the Florida.Inboard Racing Club, Inc., (F.I.R.C.), a nonprofit corporation with its principal office at 2130 N.W. 58th Avenue, Unit 25C, Landerhill, Florida 33133. W I T N E S S E T H: In consideration of the covenants and agreements hereinafter set forth, the City does hereby grant unto the F.I.R.C. the privilege of entry upon or into the 'Municipal facility of the City of Miami known as the Commodore Ralph Munroe Marine Stadium, the said facility to -be entered upon and into for the purpose of assisting the City of Miami in a joint venture for the purpose of presenting an Unlimited Hydroplane Power Boat Regatta known as the "Budweiser Unlimited Hydroplane Regatta" which also includes closed course racing by limited hydroplane classes, for the period commencing at 8:00 a.m., Friday, Saturday and Sunday the 8th, 9th, loth of June of 1984. If required, setup shall be Thursday, June 7th, 1984 and dismantle shall be immediately after the last race on Sunday, June loth, THE F.I.R.C. HEREBY COVENANTS AND AGREES: .inder �mamounts City of Miam' Special Even Policy, mini of $ 00,000/$300, 0 bodily L0,0 property da ge, for each ent day. U� to the City, F.I.R.C. will provide a doctor clockers, time watches, referees, pit manager, irting signals, gasoline truck, gasoline for ier manpower to stage the race, including :r Boat Association Inspectors. Lability insurance in the amount of $5,000,000 ale limit for bodily injury and property damage Spectator liability, products liability, contrac- i� p _y, personal liability and premises medical pay- �les shall be included. The City of Miami shall be additional insured. Coverage shall be obtained `1 cored races and events including qualifying events. f :erica Power Boat ssociation nsurance for he L eve is if requi ed by the A. .B.A. in add' ion :ges required in Paragraph 3. The City of iami -Bu ch, Inc. sh 11 be named s additional insureds. )per Coast Guard permit approval. 1984. 84 12 . t d 4 � f w rf� G. To obtain the required sanction and ap1btoval of the F 1 I f�i AMP.rioan' Power Boat Associattion, Uftlifiited Division# for the -conduct of the event and races. 1 Ir p. Y . R 6 C`. will assist in the production of the event and conduct the races in accordance with the terms and conditions of the said sanction and approval. The F.I.R.C. pay agrees to a sanction fee for the limited " 9 hydroplane races. .ry 7. To obtain and be responsible for official clock, patrol boats and setup of pit area. 8. To provide Club members or affiliates to serve as pit stewards and pit control personnel in boat pit area. 9. To provide race announcer. 10. To provide and place other buoys deemed necessary for safety by the Coast Guard. 11. To furnish ambulance service for the event. 12. To provide the race course with properly marked buoys. 13. To obtain trophies for the event. 14. The F.I.R.C. shall indemnify and save the City harmless from and against any and all claims, liabilities, losses, and causes of action, which may arise out of the F.I.R.C.'s activities under this contract, including all other acts or ommissions to act of CITY, its officers or employees, and from and against any orders, judgments or decrees which may be entered and from and against all costs and attorney's fees, expenses and liabilities incurred in the defense of any such claims, or the investigation thereof. THE CITY HEREBY COVENANTS AND AGREES: 15. To provide the facility known as CommoLore Ralph Monroe Marine Stadium for presenting the Budweiser Unlimited Regatta. 16. To provide regular telephone connections and equipment where necessary. 17. To provide two (2) fire inspectors with portable fire equipment and one (1) engine company. 18. To provide one (1) fire rescue team with appropriate equip- ment. 19. To furnish tickets for all three (3) event days and be in charge of selling tickets. 20. To provide a public address system and sound technicians in the stadium. 21. To provide an area in the stadium grandstand for the judges and photographers to work. 22. To clean the stadium, parking lot and pit area at the conclusion of the event. 23. To furnish the proper number of security personnel within and without the stadium including uniformed traffic patrols. i - 2 - 84-612 ------------ F 24. to furnish other personnel such as: Watchmen, ticket taketa, ticket sellers, ushers, custodiangs event $upekvisor, rest room attendants, first aid nurses plumber, program sellers, accountant, office attendants and parkers. 25. To obtain cranes and crane operators. 26. To obtain portable toilets where needed. 27. To furnish fire extinguishers for use in the pit area. 28. To provide a publicity consultant, public service bill- boards if available, and to pay for bus posters banners and signs to advertize the event. To place advertisements in radio, television and newspapers to advertize the event. THE CITY AND THE F.I.R.C. HEREBY MUTUALLY COVENANT AND AGREE: 29. As co-sponsors of the event, the two parties shall divide the revenues from the sources enumerated in Paragraph 31 which remain after the payment of the expenses covered in Paragraph 30. 30. The Club shall be reimbursed for its expenses incurred in Paragraphs 1, 3, 6, 7, 9, 11, 12 and 13 as soon as possible after the event. The City shall be reimbursed for its expenses incurred in Paragraphs 16, 17, 18, 19, 20 (to the extent of the sound technicians salaries), 22, 23, 24, 25, 26, 27 (to the extent of the cost of having the extinguish- ers filled before the race if needed) and 28. 31. The event revenues to be shared after the payment of the expenses covered in Paragraph 30 are: a. Ticket sales less State sales taxes. j b. The commission received from the sales of programs. C. Concession sales of food, beverages and novelties in the beach, parking lot and grandstand less the fee the City had to pay to obtain the concession rights for the event. d. Sale of advertising, if any, and e. The profits realized from the sale of admissions to a catered special seating section on the barge after the payment of all expenses associated with said special seating section. 32. If in the event that the revenues listed in Paragraph 31 are insufficient to cover the expenses referenced in Para- graph 30, then the City and the Club shall share the ex- penses remaining on an equal basis. 33. The City shall supply the Club with a copy of its audit report of the event. The City desires to make a timely settlement with the Club. The Club shall have up to 30 days after receipt of said audit report to make a request for further examination of the financial records pertaining to the Budweiser Unlimited Hydroplane Regatta. - 3 - 84-612 p.. _ ,,� } 34. That all .terms- and conditions. of this written Agre t . shah.. be bindingupon the partl.es, �-ha�.�---eedV� �F and c4nnot be Varied or waived by any oral A .ems �" representation or promise'of any agent Or.' -other person o4 the part ea- hereto .unless• the same" be It writing an •mutually signed by the •duly authorized spent or agents executed this Agreement, 35. ThAt the parties intend that this document shall be a joint us.e agr.eemett and that no leasehold tnterest is 4 conferred upon the F,I.R.C. The Clty of Miami and the F.•I•,R,C, agree that they will make their best'effort to live within the attached proposed budget marked as Exhibit A. IN WITNESS WHEREOF, the parties hereto have individually and through their proper corporate officials executed this Agreement the day and year first above written. Attest: City Clerk Witnesses: i i i l i (As to User) (Note: If User is individual and not a corporation, two witnesses must sign). APPROVED AS TO INSURANCE: I THE CITY OF MIAMI, FLORIDA BY City Manager Title FLORIDA INBOARD RACING CLUB, INC. BY c ommodore Title APPROVED AS TO FORM AND CORRECTNESS: y Attorney V - "'�T 3 ayg , f i f i Y� L WHt AS- PLdRMA .INBOARD MMIG CUJB, IN'C. d� desires to enter into an agreement with the -City Of MiaMi ,ate -1 s e O f' y- —MART STL�DItI_T'I and WHEREAS, -the Board o:. Directors o'f. FLORIrA INBOARD RACING •CTjUB, INC. has ekamined terms-, con- ditions and obligations of the proposed con -tract %with 'the City of Miami for use 'o':P MA.RINE STADIUM and WH.EREAS, the 'Board of D:i.a:edtors at a duly held corporate meeting has considered -the' matter in accordance 'with the By -Laws of the 'corporation; or, NOW, THEREFORE, ICE IT RESOLVED VED DX 71-IFS. BOARD OF DIRRCTORS FLORIDA INBOARD RACING CLUB, INC. thAt .the president and secretary— are hereby authdrized and - instructed to enter into a contract in the name. of and on behalf. Of this corporation with 'the City o;t' baiami for use d:ff MARINE STADIUM � :i_11 accordance. w.i th 'the contract documents- -.furntiShed by. the City QP Miami, and for the 'pr i.ce El lid upon the 'terms -and- payments con- tained in the 'proposed contract submitted by th.e City of 111ami . IN WITNESS WHEREOF th:i.*s'_.�- day ol: CIIAIRRAW, Board o{ Directors 84-6V r g `z i AFDp-.y-t_. i To,. City of KIM Orange•Dowl Stadium 1501 N.U. 3rd Street Miami,. Florida 33125 STATE OF FLORIDA ) )s.s. COUNTY OF DADE ) TO WHOM IT MAY CONCERN: This is to certify that ' Michael L. Campbell is authorized to sign contracts on behalf of Florida Inboard Racing Club Inc. a Corporation, with its principal place of business at 2130 N[a 58th Ave, Unit 25C, Lauderhill, FL 33313 as its duly sworn (President - Vice -President - Secretary) and is empowered to make and sign contracts and agreements binding the aforementioned Corporation to any contracts and agreements with the Off.iee -of Stadiums. By: 4tw= ct (SEAL) e- Title Commodore l�,t4 SWORN TO AND SUBSCRIBED before me this day of —' 19' NOTARY B IC Sta of Florida at Large My Commission Expires: 1900-pi n8va STXTI OF Kowa My COMMISSION EXPIRES OCT 11 1986 BONDED THRU GENERAL !M" fQ "- " C74 12 , publicity consultant (Hispanic) Publicity consultant (Lew Price) Public 8ervioe Billboards (ten) Banners and Signs and Bus Posters($1,150) Reimbursable Exams APBA Insurance K & K Insurance Event Insurance Sanction Fee to APBA Cranes Ambulance (Randle) Announcer/scorer Patrol Boats Pit Setup Expenses Advertising Total Event Expenses - 2 - 2,5uu 965 2,000 360 5r691 150 70 12,000 2,500 725 1,200 500 10,000 $64,613 84-f 12 &&,,'iY�"�`t�`- 3��tT�`§;,�a ih�'tf�11 V0W-w'W- Fai Krw F'•r Y fi .:i fI i`_..,. r gyp, ti ' xp i Vt Na ,,.. Est. Coat of men) $ 200 (1) 400 . Fri. $4, 200 _ Sat. (2) 3, 60Q Sun. (18) Tom= Fire - $1,100 Fri. 1,200 Sat. 11400 $3,700 a �r Sun. Private Security. $ 480 Fri. 4 men x $5/hr x 24 hr 480 i Sat. 4 men x $5/hr x 24 hr = 500 Sun. 10 men x $5/hr x 10 hr = 730 Sun. 13 men x $7/hr x 8 hr = 150 $2,340 Sun. 2 supervisors @ $75 Civilians $1,320 Sound Techs. 3 days x 10 hr x 2 men x $22/hr 660 Electrician 3 days hrx $22/ 10 hr x 220 hr22/hr 1,026 Plumber 1 day x 10 326 Ticket Takers/Sellers 17 x $6 x 8 hr 210 Parkers 5 x $6 x 7 hr 200 LE Program Sellers 105 Office Attendants 600 _ Parking supervisor 6 x $10 x 10 hr 225 Custodians Rest Room Attendants 5 x $45 100 Box Office Assistants 2 x $50 Supplies & Services 1,200 Cleanup (contractor) its) 700 Telephones (including 2 for B.A. in p 900 1,0 Ticket Printing 320 Trophies 8 x $40 600 Portable Toilets uisher Refill & Inspection 5,000 Fire Exting rope etc.) Supplies (buoys, 84-61�. 3 - Portable Toilets (4) $ 160 + Generators (2) 200 Ticket Taker 45 Walkway Construction 300 Buffet $12/head 1,500 Liquor $10/head 1,250 Plates, Napkins, etc. 80 Total Expenses 31435 Barge Profit $2,715 - 4 - 84-612 FROW Jose .GarCia-Pedras City Attorney t°'sna a xSaT 3 s s " *-.4, * e j€tt}'*+ux 11 JUN .1.. �' II�LI�H'riG�Wun 11,`'1984 CITY rlFRK ; WY OF Vh*f k , 14th, Annual^ ��dw�i�e� �nl t��t�� � 4 �tydropl�n� �t��att� REFERENCES: City Commission' Agenda 6/14/84 ENCLOSURES: ( 3 is with an On May 3, 1984, we forwarded the tandhratifinedmeorathemfirst of accompanying resolution which explained two agreements which you executed in regard to this subject. Due to the retroactive nature of the everts e haveiont incorporatedthereby b th agreements in the attached approved ying the actions taken by you. A second proposed approved resolution allocating funds pursuant to an earlier motion of the City Commission is also attached. RFC/wpc/pb/089 Enc: #1, Memorandum, 5/3/84; #2, Proposed ratifying resolution; #3, Proposed allocating resolution. cc: Honorable Mayor and Members of the City Commission Ralph G. Ongie► City Clerk Cesar Odio, Assistant City AssistantManager Manny Alvarez, Special to the City Manager 84-6121 iN`1=#ft4pplet rri1WOr;tAHOUM REFERENCENay . 1 0 f 1985 Ageno s ENCLOSURES' MY ) At the request of Commissioner J. L. Plummer, and pursuant to the action of the City Commission on January 26, 1984 (Motion Nos. 84-85, 84-86 and 84-87), we are forwarding herewith the original agreement to implement payment of $100,000 by Anheuser-Busch Incorporated ("AB") to the Unlimited Racing Commission in conjunction with the forthcoming City -sponsored 14th Annual Budweiser Hydroplane Unlimited Regatta. You should be aware that this agreement contains a provision whereby the City agrees to indemnify AB with respect to the advertising, promotion or conduct ofthe Regatta as well or agents for any act or omission of the City , employees Similarly, AB is being held harmless by the Florida b thoard Racing Club, Inc. Further, AB agrees to indemnify any breach the Florida Inboard Raying Cg Inc. and employees oreCity for agents. of the agreement b AB, its A resolution ratifying your execution of said agreement is also attached for placement on the City Commission May 109 1984 Agenda. 'RFC/rr �I —, cc: Honorable Mayor and Members of the City Commission Ralph G. Ongie City Clerk Manny Alvarez Special Assistant to the s City Manager 84--612 TMt A! RIVORT is 646e thit �;. day of flit i by and � aBohp VSiS)lhtl��. 1t�toRp��►TEi� t "A8") . a Misso+sYi corporation with its ptineipai office in St. Louisa Missouri; CITY OF MIAMI ("City"). a plarida municipal corporation with its principal office in Miami. Florida; and FL01RIDA INBOARD RACING CLUB. INC. ("FIRC"). a Florida corporation with its principal office in Miami, Florida. WHEREAS. FIRC and City wish AB to be the principal sponsor of an unlimited hydroplane race and the activities conducted in conjunction therewith ("Race*); WHEREAS, FIRC has agreed to conduct the Race and City has agreed to advertise and promote the Race; WHEREAS. AB wishes to be the principal sponsor of the Race; and a I WHEREAS, Unlimited Racing Commission ("URC") sanctioning body for unlimited hydroplane races; j NOW. THEREFORE. in consideration of the mutual i herein set forth. the parties agree as follows: is the covenants 1. The Race. (a) F'RC shall conduct the Race on June 10, 1984 at Biscayne Bay near Miami. Florida. FIRC shall conduct the Race qualifying activities on June 8 and 9, 1988. If the Race is postponed because of ihclement weather conditions. FIRC shall conduct the Race on June it or 12, 1984. (b) AS shall be the exclusive sponsor of the Race. Except for normal point -of -sale materials in concession areas at the Race site, neither FIRC nor City shall authorize or permit any other person to advertise any other alcoholic malt beverages during the Race or any related activities. (c) All public identification of and reference to the Race shall be made in the following manner "The 18th Annual Budweiser Unlimited Hydroplane Regatta." 84-siz shall: halve the, right tb enpipn it► ate►-: 404ttiliino ,,..or ptowotiona activities which it "i 'detdta, itib" Atht6spebt to its Sponsorship of the Race. (b) City shall have the right to 6A969e .io` any advertising or pro�otional activities which it may determine with respect to the Race; provided, however. that all such advertising and. promotional activities using any of AR's Trademarks (as defined in paragraph a hereof) shall be submitted to AB for its review and approval at least twenty-one (21) days prior to city's commencement thereof; such activities shall be deemed approved if City shall not have received AB's objections thereto within ten (10) days after its receipt thereof. (c) City agrees to: (i) coordinate with AB the planning and i execution of all promotional, advertising and marketing programs for the Race; (ii) place the Race name as set forth in Subparagraph 1(c) hereof and a photograph of the Miss Budweiser boat (furnished by AB) on the official Race program cover and in all advertisements and promotional materials for the Race; (iii) identify AB's sponsorship of the Race in all press releases and press conferences relating to the Race; and (iv) permit AB, at no charge, to place one (1) full page of advertising copy on the back cover of the official Race program. 3. Sponsorship Fee. For the rights granted herein, AB shall pay the total sum of One Hundred Thousand Dollars ($100,000) in accordance with the following schedule: i 4,500 on or before February 1, 1984; and $95,500 on or before May 15, 1984. FIRC and City agree that such payments shall be made by check payable to URC and mailed to Unlimited Racing Commission, 2 84-612 '` ��l�ry �t:d��hh�tai 'il�uth, �bittls, �ash'�n�tOh '�iiit. �" iooeIji of tht $4,660 Oa'YAe:fit. "OtVithstandifto - thythiho herein; to the contrary,' Me shall ProAptly 16" id SI E� o�onostshijp t i to hh it the haca is odnteilod for •o>f feaoon.' i, Tom- The tots of this Agreement shall start bd Aptil to 1904 and, unless sooner terminated in accordance with the provisions hereof, shall end on July 1, 1964. S. Termination. (a) AB shall have the right at any time to terminate this Agreement, without prejudice to any other legal rights to which it may be entitled, upon the occurrence of any one or more of the following: (i) material default by another party in performance of any of the provisions of this Agreement, which default is not cured within ten (10) days following written notice of such default to the defaulting party; (ii) the making by another party of an assignment for the benefit of creditors; (iii) the appointment of a trustee, receiver or similar officer of any court for another party or foe a substantial part of the property of another party, whether with or without its consent: (i'v) the institution of bankruptcy, composition, reorganization, insolvency or liquidation proceedings by or against another party without such proceedings being dismissed within thirty (30) days from the date of the institution thereof; or (v) if any of the representations or warranties made by another party in this Agreement shall prove to be untrue or inaccurate in any material respect. (b) City and FIRC shall each have the right at any time to terminate this Agreement, without prejudice to any 3 84-612 x K , athat l6fal tights to which it May be entitled* upon the 66cuttence of, any one or mote of the following; (i) material default by Al in petgotsiance of any of the provisions at this Agreement, which default it ` h6t curia within ten (10) days following written notice of such default to As: (ii) the making by AB of an assignment for the benefit of creditors; (III) the appointment of a trustee., receiver ar similar officer of any court for AB or for a substantial part of its property, whether with or without its consent: or (iv) the institution of bankruptcy, composition, reorganisation, insolvency or liquidation proceedings by or against AB without such proceedings being dismissed within thirty (30) days from the date of the institution thereof. (e) Termination of this Agreement for any reason provided herein shall not relieve any party from its obligation to perform up to the effective date of such termination or to perform such obligations as may survive termination. 6. Richt of First Refusal. AS shall have the right to purchase the several rights granted under this Agreement for the 1985 Race and FIRC and City shall propose to AB in writing the cost therefor on or before January 1, 1985. Unless otherwise mutually agreed, all terms and conditions other than the amount of the sponsorship fee (Paragraph 3) shall be the same as provided for herein, with appropriate changes in dates. AB shall have until the later of February 1, 1985 or thirty (30) days after receiving such proposal within which to accept the same. If AS does not accept such proposal within such time. FIRC and City shall be free to contract with any third party with respect to any or all of such rights. but not on more favorable terms than those offered to AB without again giving AB a thirty (30) day right of first refusal concerning the same. 4 84—S1.2 (a) dike teptestritr, 'wartantd and oomignts to AA Y' tot love . (1) It is a duly organized. validly omitting corporation in good standing under the laws of the state of )Florida and has the full right and legal authority to enter into and fully perform this Agreement is accordance with its terms. (ii) This Agreement when executed and delivered by FIRC, will be its legal. valid and binding obligation enforceable against it in accordance with its terns, except to the extent that enforcement thereof slay be limited by bankruptcy, insolvency or other similar laws affecting creditors' rights generally. (III) The execution and delivery of this Agreement has been duly authorized by FIRC, and such execution and delivery and the performance by FIRC of its obligations hereunder, do not and will not violate its charter, or any statute, regulation, ordinance or any court order by which it is bound. and such actions do not and will not constitute a default under any agreement. indenture, mortgage, lease, note or other obligations or instrument to which it is a party. and no approval or other action by any governmental authority or agency is required in connection therewith. (iv) There is no financial or managerial relationship between FIRC and the owner or operator of any concession or activity at the Race site which requires a retail alcoholic beverage license. (v) It has neither a retail alcoholic beverage license nor any financial interest in the business of a retail alcoholic beverage licensee. 5 84-612 (ii) This Agreement when executed and delivered by City. will be its legal. valid and binding obligation enforceable against it in accordance with its terms, except to the extent that enforcement thereof may be limited by bankruptcy, insolvency or other similar laws affecting creditors' rights generally. (iii) The execution and delivery of this Agreement has been duly authorized by City, and such execution and delivery and the performance by City of its obligations hereunder, do not and will not violate its charter or any statute, regulation. ordinance or court order by which it is bound, and such actions do not and will not constitute a default under any agreement. indenture, mortgage, lease, note or other obligations or instrument to which it is a party. and no approval or other action by any governmental authority or agency is required in connection therewith. (iv) There is no financial or managerial relationship between City and the owner or operator of any concession or activity at the Race site which requires a retail alcoholic beverage license. (v) It has neither a retail alcoholic beverage license nor any financial interest in the business of a retail alcoholic beverage licensee. B. Use of Trademarks or Service Marks. (a) The AB trademarks, label designs, product identification, artwork (collectively "AB Trademarks"), and the 6 84-612 s 's or PtOSOti6ftai G0006pts 64 t to tr d 't6 =' 6t4ih . shall terrain the property at hb. Any and all tithts ih the abGV6 Undet trademark at copytioht law of 6th6t Atop tty ffp3►te shall inure to the benefit of and be the +ehhludive pro"rtr of AH. hh grants to FfhG and city the titht to `use the above in connection with the Race: pitovidea, hovwet, that said right is nonexclvsiVe, nonassignable and noutranster&ble. All proposed uses of AB Tra4emarks of whatever nature shall be subject to AB's review and prior written approval. (b) No party shall manufacture or sell, or license the manufacture or sale, of any promotional merchandise which bears the Race logo (if any) and any AB Trademark, without the prior written consent of AB and the other parties. 9. Expenses. (a) Except as otherwise specifically provided in this Agreement, each party shall be responsible for any expenses incurred by such party in connection herewith. (b) FIRC shall include in each agreement between FIRC and any third party supplying goods or services for the Race a statement that FIRC is solely responsible for the performance of its obligations under such agreement. (c) City shall include in each agreement between City and any third party supplying goods or services for the Race a statement that City is solely responsible for the performance of its obligations under such agreement. 10. Insurance. FIRC shall provide A.B. on or before May 1, 1284, with a certificate from its qualified and licensed insurer certifying that FIRC has a comprehensive liability insurance policy in force with at least Two Million Dollars (i2,000,000) single limit liability for the Race and all related activities. The certificate shall also certify that AB is an 7 84-612 I0 .. additional insured Under the insurancM . , polity,, Which Policy 4hail ..iUIU44 a coattactual liability andatsemant to cornet it 1IAC a obligations under Paragraph 11 of this Agreenant6 the evidence of covera#* shall specifically at that eov+rrigi as 3 it partains to AS shall be primary regardless of any other { coverage Which ray be available to AS. The policy shall be a: written so that AB Will be notified of the cancellation or any restrictive amendment of the policy at least fifteen (it) days Prior to the effective date of such cancellation or amendment. FIRC shall not violate, or permit to be violated, any conditions of said insurance policy, and PIRC shall at all times satisfy the requirements of the insurance company writing said policy. Failure to provide such certificate in the manner and time requited or to maintain the insurance coverage _ specified herein shall be deemed a material breach of this Agreement. It shall be a condition precedent to the enforcement of AB's obligations hereunder that FIRC shall have furnished to AB the insurance certificate as aforesaid. 11. Indemnity. (a) FIRC shall indemnify and hold AB harmless from and against any and all claims (including any claimants' attorneys' fees), damages. liabilities, costs and expenses, including, but not limited to, attorneys' fees incurred by AB in the defense of any such claims, arising out of or in connection with (i) the advertising. promotion or conduct of the Race, except for such claims that are caused solely by the negligent or intentional misconduct of AB, its employees or agents; (ii) any breach or alleged breach by FIRC of any provision of this Agreement; and (iii) any act or omission to act of FIRC, its employees or agents. (b) City shall indemnify and hold AB harmless from and against any and all claims (including any claimants' attorneys' fees), damages, liabilities, costs and expenses. including, but not limited to, attorneys' fees incurred by AB [] 84-612 =i a dotew of . any such Claims &rising, out at at in 66ftfi cti6n with (i) the Advertising. ptomotion or conduct 69 m the . AGOAO exgopt- tot such claims that are caused solely by the negligent or _intentional misconduct of AS. its employees or agents: (ie) any breach or alleged breach by City of any k provision of this Agreement; and (iii) any act or omission to f act of City, its employees or agents. (e) AB shall indemnify and hold lIRC and City harmless from and against any and all claims (including any claimants' attorneys' fees), damages, liabilities, costs and expenses. including. but not limited to, attorneys' lees incurred by PIRC and City, or either of them, in the defense of any such claims. arising out of or in connection vith (i) any breach or alleged breach by AB of any provision of this - Agreement: and (ii) any act or omission to act of AB. its employees or agents. (c) Each party shall give the other parties prompt notice of any claim or suit coming Within the purview of these indemnities. Upon the written request of an indemnitee. the indemnitor will assume the defense of any claim, demand or action against such indemnitee and will upon the request of the indemnitee. allow the indemnitee to participate in the defense thereof, such participation to be at the expense of the indemnitee. Settlement by the indemnitee without the indemnitor's prior written consent shall release the indemnitor from the indemnity as to the claim, demand or action so settled. Termination of this Agreement shall not affect the continuing obligations of each of the parties as indemnitors hereunder. 12. Independent Contractor. The parties shall be and act as independent contractors, and under no circumstances shall this Agreement be construed as one of agency, partnership, joint venture or 9 84-612 r a ;fix -•. rA r dt� i. butt tatwbn ::thepatties Rich panty acknOwleddes and i aft66 - Ihst it heithot ,has h6c will Give the ADpestanai of iiipteatibit of having any 1e241 authority to bind or coms►it ario6i .vitt'y. in any way. Should the AD Legal Department, in its reasonable opinion, determine that this Agreement or any provision hereof violates any federal, state or local law or regulation with respect to the advertising or sale of alcoholic beverages, then the parties shall promptly modify this Agreement to the extent necessary to bring about compliance with such law and/or regulation; provided, however, that if such modification would cause this Agreement to fail in its essential purpc+se or purposes, it shall be deemed cancelled by mutual agreement of the parties. In the event of such cancellation. payment shall l be made only to the extent of a party's performance to and including the date of cancellation, and any payments which shall have been made and which are applicable to future time periods shall be refunded pro rat& to the date of cancellation. and no party shall have any further obligations or liability with respect to this Agreement. 14. Failure to Obiect Not a Waiver. The failure of any party to object to or to take affirmative action with respect to any conduct of another party which is in violation of the terms hereof shall not be construed as a waiver thereof, nor of any future breach or subsequent wrongful conduct. 15. Notices. All notices required or permitted hereunder shall be in writing and shall be deemed duly given if either personally EU0 ' PREPARED AND APPHUVtu t5y : t i /� 84-612 ,wit su ,. 2. s-rfy ; {ram yT,-fuiloc"'f ;f , # t:� f # h tf to- pile Uh6usat-hu6oh, iota• platida tnboatd hawing Club. Inc. G is hutch P1606 1664 North V6st Rivar Ntivi at. Louis , -6311$ ,. Waldo I'L g3125 Attn: Vfa* President" !►ttn: _xr.. Lou- Nuda s '�lfal�+� �anagorir�nt if to city: City of Miami Office of Stadiums P.O. Box 330708 Miami, Fl 33233 Attn: City Manager or to such other address as any party may provide to the others in accordance herewith. 16. Limitation on Assignment. No party shall assign its rights and/or obligations under this Agreement to any person, corporation or other entity without the prior written approval of the other parties. This Agreement and all of the terms and provisions hereof will be binding upon. and will inure to the benefit of. the parties hereto and their respective successors and approved assigns. 17. Miscellaneous. Each of the individuals executing this Agreement certifies that he or she is duly authorized to do no. This Agreement constitutes the entire understanding among the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements in regard thereto. This Agreement cannot be altered or modified except by an agreement in writing signed by an authorized representative of each party and specifically referring to this Agreement. The paragraph headings set forth herein are for convenience only and do not constitute a substantive part of �V 84-612 . .2 0. th `'r�REBt� Thisree�iSRt bpi dde1S nerd � e� Add dilivered in tii• ht to d Ed t1dVB i1dd d arned of Plotidi b i d dill Y aria Construed under the later iBch state* IN �ti'lSd t�lERhO�', .the panties hereto have c+tt�sed Agreident to bee executed as of the date first above Wit; : written. Attest: ANHEUSER-HUSCH, INCORPORATED orporate ecretary By Executive Vice President Attest: FLORIDA INBOARD RACING CLUB, INC. corporate Secretary BY Title Attest: CITY OF MIAMI City Clerk BY Howard V. Gary City of Miami Title City Manager APPROVAL By its execution hereof, Unlimited Racing CoMMiesion agrees to pay the One Hundred Thousand Dollar (i100,000) sponsorship fee paid to it by AB pursuant to Paragraph 3 hereof to City and FIRC in such manner and in such amounts as City and FIRC mutually agree. UNLIMITED RACING COMMISSION By Title Date 1072j 12. APPROVED AS TO FORM AND CORRECTNESS: e" I . • ity Attorney City of Miami 84-612 ',}. 7., NNE z � y. t 'r Fn. ,fir- .;% a r f.r•t :+Iv •'. PRO 'S0' AM SOMMS , - 1984 MOtftI99t MA'A 1 r Ticket Sales . Fri. (no aam. charge) - 0 �. Sat. $ 3 x 1, 000 $ 3, 000- =4 Sun. (adult) $10 x 4#000 40,000 > z Sun. (adult GA) $8 x 2,500 20,000 Sun. (kilo) $6 x 300 1,800__ Sun. (kids GA) $4 x 300 1,200 Ito $6 4,000 y— Barge Seating Gross Sales $6,250 s Expenses 3,435 Net $ 2, 715 y- Programs $ 700 Sales of Advertising Gross $6,000 Salesman's Fee 11000 Net $ 5,000 - Concessions Gross (Food & Beverage) $101000 less:Purchase of Rights 2,000 Vendor Expense- 1,500 - Cost of goods sold 3,000 Net $ 3,500 - Novelties 25% of $12,500 3,100 $ 6,600 Event Revenue $79,015 x Event Expenses 64,613 Surplus $14,402 I I 1 _. -1- 84-612,