HomeMy WebLinkAboutItem #46 - First Reading OrdinanceJ-83-23
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ORDINANCE N0.
AN ORDINANCE AMENDING SECTION 53-161 OF
THE CODE OF THE CITY OF MIAMI, FLORIDA,
AS AMENDED, BY PROVIDING FOR VARIABLE
RATES FOR TICKETED EVENTS AT THE MIAMI
CONVENTION CENTER; CONTAINING A REPEALER
PROVISION AND A SEVERABILITY CLAUSE.
WHEREAS, the City Commission adopted Ordinance No. 9393
on March 16, 1982 which established the schedul of rents,
rates and charges for the use and occupan^►�]v f and the
services to be furnished in connection tie Miami
Convention Center; and l 1
�1e F
f
WHEREAS, the firm of Laventhol and r�ivath was appointed
as an outside consultant to prepare and:.s bmit a schedule of
rates, rents, fees and ches as r utired by the Bond Trust
7
Indenture and as authorizes]es¢i tion No. 81-1041, dated
December 10, 1981; and::
WHEREAS, Laventhol a�d Aoiwath have recently reviewed
the adopted schedule of rends, rates, fees and charges and
have found the schedule lacks flexibility to competitively
meet seasonal flL&tuations and multiple use conditions as
evidenced by its att�hed letter dated December 1, 1982; and
WHEREAS, tAeN Professional management firm, FMG/Miami,
under cgnt t to the City of Miami for the management and
t
o eration o the Miami Convention Center, recommends that the
a condi ns for ticketed events be amended enabling it to
bett r mee competitive conditions; and
EREAS, the recommended amendment to the schedule of
rates rents, fees and charges has been discussed with bond
counsel who advises that the amendment would not be contrary
to the covenants of the Bond Trust Indenture;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA: