HomeMy WebLinkAboutR-82-0482RESOLUTION NO. 82_482
A RESOLUTION AUTHORIZING THE LOAN OF $250,000
FROM FLORIDA POWER AND LIGHT FRANCHISE FUNDS,
IN THE CAPITAL IMPROVEMENT FUNDS, TO THE ORANGE
BOWL ENTERPRISE FUND FOR THE PURPOSE OF PURCHAS-
ING AND INSTALLING PROTECTIVE FENCING AND POSTS
IN THE UPPER DECK AND TO REPLACE DETERIORATED
BLEACHERS IN THE WEST END ZONE OF THE CITY OF
MIAMI'S ORANGE BOWL STADIUM; SAID LOAN TO BE
REPAID FROM THE 2% RESORT TAX OVER A PERIOD OF
9 MONTHS; INTEREST RATE OF % TO BE REPAID
FROM THE ORANGE BOWL ENTERPRISE FUND.
WHEREAS, the existing fencing and posts behind the last row
of seating in the upper deck of the Orange Bowl Stadium's north,
south and west stands have completely rusted through in many areas;
and
WHEREAS, thousands of fans lean against this four foot high
fence during a game, in the interest of public safety it has been
determined that this fence should be replaced with an eight foot
high fence costing $220,000 of the same size mesh and coating
as the existing (new) orange perimeter security fence; and
WHEREAS, replacement of the Orange Bowl Stadium's deteri-
orated fixed bleachers in the West End Zone was recommended in the
Orange Bowl structural evaluation performed by Wiss, Janney, Elstner
& Assocaties engineers; and
WHEREAS, it has been determined that replacement bleachers
can be installed for $30,000; and
WHEREAS, $250,1000 may be loaned from the Florida Power and
Light Franchise Revenues in the Capital Improvement Fund, to the
Orange Bowl Enterprise Fund; and
WHEREAS, the Tourist Development Council shall repay said sum
to the Orange Bowl Enterprise Fund; and
WHEREAS, the Orange Bowl Enterprise Fund shall upon receipt
of said money repay to the Capital Improvement Fund the amount of
$250,000; and
WHEREAS, the Orange Bowl Enterprise Fund shall repay interest
at a rate of % to the Capital Improvement Fund;
CITY COMMISSION
MEETING OF
MAY 2 7 1982 .
tE�OUmON �..,y-s►..�w.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The sum of $250,000 is hereby authorized to be
loaned from the Florida Power and Light Franchise Revenues in the
Capital Improvement Fund for the purpose of purchasing and install-
ing protective fencing and posts in the upper deck and to replace
deteriorated bleachers in the West End Zone of the City of Miami's
Orange Bowl Stadium.
Section 2. The Tourist Development Council shall repay said
$250,000 over a period of 9 months with funds derived from the 2%
Resort Tax.
Section 3. The Orange Bowl Enterprise Fund will repay the
aforesaid advance upon receipt of said monies, to the Capital Improve-
ment Fund.
Section 4. The Orange Bowl Enterprise Fund shall repay inter-
est at a rate of % to the Capital Improvement Fund.
PASSED AND ADOPTED this 27 day of MAY , 1982.
MAURICE A. FERRE
M A Y O R
ATTEST:
6ALPHgg ONGIE
TY CLERK
PREPARED AND APPROVED BY:
zo. &A44t
ROBERT F. CLARK
DEPUTY CITY ATTORNEY
APP AS T f' RM AND RRECTNESS:
GEORZGV F. KNOX, JR.
CITY ATTORNEY
-2-
82-4EO -.
CITY OF- rLORIDA
35 INTER -OFFICE MEMORANOUM
'O Howard V. Gary 7A*1E April 27, 1982 BILE
City Manager
4._ Resolution authorizing loan
from Florida Power & Light
r\ Franchise Revenues to Orange
Cesar Odio F.F''WrY:7 ES Bowl Enterprise Fund & Com-
Assistant City Manager \\\1 panion Ordinance amending the
z! �. Losvv..s Capital Improvement Appropri-
-~-•o - ation ordinance.
ev -- Copies oT Draft Legislation
�- The Department of Stadiums and Marinas
ti recommends the adoption of a resolution
authorizing the loan of $250,000 from
Florida Power and Light Franchise'
Revenues, in the Capital Improvement
N Fund, to the Orange Bowl Enterprise Fund,
for the purpose of installing protective
fencing and posts in the Orange Bowl upper
deck and to replace deteriorated bleachers
in the Orange Bowl Nest End Zone; said
loan to be repaid from the 20 Resort Tax
over a period of 9 months; with interest
at % to be repaid from the Orange Bowl
Enterprise Fund.
The enclosed Companion Ordinance amending the Capital Improvement
Appropriation Ordinance establishes new projects in the Orange
_ Bowl Enterprise Fund by increasing the appropriation of the Orange
Bowl 2- Resort Tax in an amount of $250,000.
The existing fencing and posts behind the last row of seating in
the upper deck of the Orange Bowl Stadium north, south and west
stands, have completely rusted away in many areas. There is the
danger that if someone is pushed into this fence that it will give
away. In addition, people lean over this four foot high fence and
drop items on unsuspecting patrons on the ground. As a part of
our comprehensive program of Orange Bowl renovations and improve-
ments it is recommended that the short fence be replaced with one
eight feet high with two feet of additional fence angled into the
stadium. The mesh size and coating should be the same as the
existing (new) perimeter security fence. The new fence will pre-
vent someone from falling, reduce the amount of throwing of items
over the edge and prevent someone from climbing the fence. The
estimated cost of this project is $220,000 which is based on the
cost of our new perimeter ground level security fence and which
includes a contingency of $20,000.
82-4F02-
s .
Howard V. Gary Page 2 April 27, 1982
Following a recommendation by consulting engineers Wiss, Janney,
Elstner & Associates, it is recommended that portable bleachers
costing an estimated $30,000 be installed to replace the deteri-
orated fixed bleachers in the Orange Bowl West End Zone.
The Tourist Development Council has committed an estimated $250,000
from future collections of the Orange Bowl portion of Resort Tax
funds so that we may purchase and install the aforementioned pro-
tective fence and posts and replacement bleachers.
cc: Law Department
Finance Department
Planning Department
Department of Management and Budget
82-4E.2.-