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HomeMy WebLinkAboutR-82-0411FLORIDA: RESOLUTION NO. S 2 r 4 1 1 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH CHAMPION SPARK PLUG COMPANY FOR THE STAGING OF THE TWELFTH ANNUAL CHAMPION SPARK PLUG UNLIMITED REGATTA AT MIAMI MARINE STADIUM ON JUNE 4, 5 and 6, 1982, IN SUBSTANTIAL CONFORMANCE WITH THE TERMS AND CONDITIONS AS SET FORTH IN THE ATTACHED AGREEMENT. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MAIMI, Section 1. The City Manager is hereby authorized to execute an agreement with the Champion Spark Plug Company for the staging of the Twelfth Annual Champion Spark Plug Unlimited Regatta at the Miami Marine Stadium on June 4, 5 and 6, 1982, in substantial conformance with the terms and conditions as set forth in the attached agreement. PASSED AND ADOPTED this llth day of 1982. ATTES z� �J o RALP . ONGIE, CITY CLERK PREPARED AND APPROVED BY: TORE FJ, PAN DE Z J ASSISTANT CITYTTORNEY APPROVED AS TO FORM AND CORRECTNESS: VAVCJ E F. KN X, JR. ITY ATTORNEY May Maurice A. Ferre MAYOR CITY COMMISSION MEETING OF MAY 11 1982 FMOMM 8 2 1 R 4r ni AGREEEIMENT AGREERENT made this nth day or April, 1:;32 hf ��:.c: i�•._t::c._ . the City of Miami, Florida ("the City") and Company, a corporation organized under the laws of Delaware its principal office in Toledo, Chic ("Champion",. WHEREAS, the City desires, through its Dapart:,.c!nt of 3taaiamm and Tsarinas, to produce an unlimited hydroplane racing `vc_n'_ ("t.hc Event") to be held at Marine Stadium, Kiami, loi-3.da, comm2z _` n June 4, 1982 and continuing through June o, or on other .^.at b mutually agreed upon by the parties; and WHEREAS, in consideration of certain prcr,,otion.al a.,.d a v opportunities, hereinat"ter described, Charnpizon is o:illing -�c ..,..�..� subject to reimbursemiant, certain funds to facili�c-_r.,_ t'ne of the Event; Tic- parties agree, t:it�reforc-, as follo,,s: 1) The Event will consist of an unlixiit':'_G ra :,_, run In series o1 separate races o;_" heats, and L_.,_cer of the American Power Boat Association, Unlimitcd may also include races of other than �jnlirri. c. tins:, beat,, under the auspices of the Florida Inboard ?aci: g Clab, Inc. 2) The City will have entire charge of the ��)r odu: zion rf zno and of the conduct of the races of which the Event consists. Wit 3 _- limiting the generality of the foregoing, the City wi' provide: for the event the facilities of the Marine Stadi=, including t:c servic of ticket takers, ushers, attendants, and securit,: rscn Ic ; it : 1 provide facilities and equipment for the ac:ccn_^Iodaticn of a doctor and other appropriate first -aid services and faciliciL.s; will arrange for the layout, IT.dllii.i: l as.d f:olicinCj of the obtain from the Coast Guard or ot:,�r app::orriate permission to conduct the races; it will obtain for arc Ev,�nr_ 82-411 i. races the sanction and approval of the American Bcat Unlimited Division, and produce the Event and cor u^_ t:.c race_= in accordance with the terms and co-ditions of such sanction ar_•:: aptro•.,.i=, and it will provide or arrange for officials for tht3 ccr uc-. and ;u-: lag of the races, admit contestants and award prizes. 3) In the production of this Event and the conduct. of Li--_- races (whether in the respects specifically mentioned in Paragra_lh ? or otherwise), Champion shall have nc share in the profits or pr3ccc-dj of sales of admission tickets for the Event, exc,_ t or Chanpicn's rig.:t to obtain reimbursement of funds it has advanced a:. provid:::: i:: 7 below. 4) The Event si:all be named and pr:,m::tea as tag: tc.�,r:_:1.....: JL:_:_:'_ 1..; Unlimited Regatta". Champion and the City :ill and promoting the Event, and the timing and fo?:i,: of t:iu public announcement of tiie Ev::nt shall be subj,:ct :.3 Expenses of such publicity and promotion sYiali i:i _'ac :, -as-, z(: t )_'-nt: the party incurring the same, wilih.out Champion shall be entitled to refer .o and depict t::c corporate and product advortising, as Champion is itti , appropriate. Thu City shall provide Chairplon witG 11 l .:11. which are intended to promote the :,vcnt or contain :.}:c: Such materials include but ara not limited to i:cstcrs, flyer:., bumper stickers, programs, race schedules and i_ny oth r Gc'✓erti;ing material. The samples described above shall be su: mitt !d to C'Iainri;, thirty (30) days prior to the Event. The City may, with and subject to Ciiamp4 3:1' a al rw�l Champion may for any reason. withhold) , sell or otnQrwis� ,r; r.t tcIvvis]*.or, broadcast or motion picture rights to the Zvent. 'Vne understand that the American Power boat Association. !c:iinited L'ivis_ Radio Network is granted free and exclusive rights to rh.c 5) The City agrees not to ei.ter inzc as agrco::.:n� .;ith ott:cr commercial sponsor for the Event without the 1.rior e:ri::ter. cc>:.s :. _�f Champion having first been obtained. 'l:.e City agr�,s to it: -- Sanction Application to the American Foal At;scciatio 7 82 - 4 11 upon the terms of this Agreement. '_;:e City furtner grants to the right of first refusal to sponsor c.he event in 1;53 and .'.-9�;•1. 6) Champion shall advance to the parties n,med below t:,c ,11owinr. sums of money: a. Three Thousand Five Hundred Dollars ($3,500) payable to the American Power Boat Association Gnlimitcd Fund upon filing of sanction fee for this Event, representing ten percent (10%) partial prize: money. b. Thirty One Thousand Five hundred Dcliars ($31, 53('�) :a_Jal)lc. to the American Power Boat Association UnliTti'*ed _ nd on or before June 6, 1982. C. A sanction fee of Two Thousand F4 Vu Hui.dred Doll:,,:6 payable to Cie Unlimited Racing Commii:is .oi: -und, 2%PBA. d. An insurance premium of ap?roximatel- i`ao The",:s&nd D:)' I_r:; ($2,000) payable to the American Pov:er Boa:�s�ociatic,:;. e. 1. LEGAL START . CN_`� Y n-o Thousand Dollars ($2, 000) I or t»at ti..:t :n._k�s a ! _ start in any elimination hest. (Boaz must a legal start) . Cne T:ousand Dollars ( 1,, Cu) iali�iLa tlU:. :Honey if ;Dumped from ten (10) or twelve (12, bout 2. QLALIT YING. ?t0NEY One Thousand Five Hundred Dollars ($1,500) per day for two days only. Each day: $400.00 - $300.00 - $225.30 - $175.G0 - $15_3C Fastest Overall Qualifier: First, $330.00, ::econdl, To qualify each boat must achieve speed set fcrtn in rate book (Rule 4, Section 4E) , and exceed prior day spc_cd to earn ::c:cond day qualifying money. 3. HEAT PRIZE MONEY Five Hundred Dollars ($500) per boat eac:: (Boat must finish heat to cualy for ij :_:. ....2 (15) minutes from start of race, (R;:la 5, Se: ion 2A) Thousand Dollars ($1,000) for the qualifies as foregoing. S2-4il f. One Thousand Five Fiundredt :Dollars t$1, 30•J) pa,•;� lac `O `_^e Florida Inboard Racing Club representin:, I •,:rs� ;ron '_' -c� limited hydroplane winners providi:lg the,: .1-11 t;i . Event. Total purse and legal start payments as shown is paragraph 6 (a), 6 (b) , and 6 ((--) rlabove are tentative and contingent L,, ,cn Cha,-api_on acceptance of proposed, final requirements su'r,mitced by �:-nlimited Commission, APBA, for 1982 season. 7) Champion shall be reimbursed Jtliv Cat',', --u;: of :c I::t r. ecCss of the Event, a sum equal to the lesser of (1) .. mom - Gf rC,Cz ; or (2) Seventeen Thousand Dollars ($17,000) . As Li.,-&d means the total of all income der-ved by the Cit % su1;- f d:',ii::s:o:. tickets to the Event, less the total of any oi-hn r excise taxes levied directly on such sales of 6) Champion shall be given One TROu.3an l (iu J :-; :_::ati5 .:r Stadium Tickets of Champion's choice and uj. to a r.,�:.�.:.�::. ci _:. '•.�-._•_�.,: (500) additional Stadium Tic'r:?ts at forty regular list price. This Agreement may be terminated at t:l-a _ or the City of ::iami if it is deter:ninod by ithc.. contemplated hereunder is not in the best intcres �s C; f ::he ••�tict• _ community where race is to be held because of an a:ivcrse n<:ti'Dn_:' energy or fuel situation in general or due to lack Of or '_i:. i. �e : �c.; ._ pl.• within the Miami metropolita_, area witch may cxis : r rlor to or G:: of the Evert. All actions and provisions of this w_'_-i construed and interpreted under Florida law and hcard -n C:,un.C'_ . Florida. - 9 - 82-411 IN WITNESS -.-rflEPdZF, tho part cs have ;.:aus(-,- -:i-i Fi to be executed by their respectivt-, officans anti c-tf.-'lz-*,_l:-3 c;,-, date first above written. ATTEST: CITY CLERK ATTEST: S--=--�ETARY APPRLMED AS TO MIR-M M-) CORRECTNESS: JITY ATTORNEY JHY - ss - 5 - CITY 01" FLORID."', a municipal corl;oration Da tc�: CITY '2rc 82-111 �1 AGREEMENT AGREEMENT made this 5th day of April, 1982 by and between the City of Miami, Florida ("the City") and Champion Spark Plug Company, a corporation organized under the laws of Delaware having its principal office in Toledo, Ohio ("Champion"). T.ITRMTL�C CL+TV WHEREAS, the City desires, through its Department of Stadiums and Marinas, to produce an unlimited hydroplane racing event ("the Event") to be held at Marine Stadium, Miami, Florida, commencing June 4, 1982 and continuing through June 6, 1982, or on other dates mutually agreed upon by the parties; and WHEREAS, in consideration of certain promotional and advertising opportunities, hereinafter described, Champion is willing to advance, subject to reimbursement, certain funds to facilitate the production of the Event; The parties agree, therefore, as follows: 1) The Event will consist of an unlimited hydroplane race, run in series of separate races or heats, and conducted under the sanction of the American Power Boat Association, Unlimited Division. The Event may also include races of other than Unlimited class boats, conducted under the auspices of the Florida Inboard Racing Club, Inc. 2) The City will have entire charge of the production of the Event, and of the conduct of the races of which the Event consists. Without limiting•the generality of the foregoing, the City will provide for the event the facilities of the Marine Stadium, including the services of ticket takers, ushers, attendants, and security personnel; it will provide facilities and equipment for the accommodation of ambulances, a doctor and other appropriate first -aid services and facilities; it will arrange for the layout, marking and policing of the racecourse and obtain from the Coast Guard or other appropriate governmental authority permission to conduct the races; it will obtain for the Event and the 82-411. races the sanction and approval of the American Power Boat Association, Unlimited Division, and produce the Event and conduct the races in accordance with the terms and conditions of such sanction and approval, and it will provide or arrange for officials for the conduct and judging of the races, admit contestants and award prizes. 3) In the production of this Event and the conduct of the' races (whether in the respects specifically mentioned in Paragraph 2 or otherwise), Champion shall have no share in the profits or proceeds of sales of admission tickets for the Event, except for Champion's right to obtain reimbursement of funds it has advanced as provided in Paragraph 7 below. 4) The Event shall be named and promoted as the "Champion Spark Plug Unlimited Regatta". Champion and the City will cooperate in publicizing and promoting the Event, and the timing and form of the City's initial public announcement of the Event shall be subject to Champion's approval. Expenses of such publicity and promotion shall in each case be borne by the party incurring the same, without reimbursement from the other party. Champion shall be entitled to refer to and depict the Event in its own corporate and product advertising, as Champion in its judgement deems appropriate. The City shall provide Champion with samples of all materials which are intended to promote the Event or contain the Champion trademark. Such materials include but are not limited to posters, flyers, tickets, bumper stickers, programs, race schedules and any other advertising material. The samples described above shall be submitted to Champion thirty (30) days prior to the Event. The City may, with and subject to Champion's approval (which Champion may for any reason withhold), sell or otherwise grant television broadcast or motion picture rights to the Event. The parties hereto understand that the American Power Boat Association Unlimited Division Radio Network is granted free and exclusive rights to the Event. 5) The City agrees not to enter into an agreement with any other commercial sponsor for the Event without the prior written consent of Champion having first been obtained. The City agrees to qualify its Sanction Application to the American Power Boat Association contingent - 2 - 82 -411 10 16 upon the terms of this Agreement. The City further grants to Champion the right of first refusal to sponsor the event in 1983 and 1984. 6) Champion shall advance to the parties named below the following sums of money: a. Three Thousand Five Hundred Dollars ($3►500) payable to the American Power Boat Association Unlimited Fund upon filing of sanction fee for this Event, representing ten percent (10%) partial prize money. b. Thirty One Thousand Five Hundred Dollars ($31,500) payable to the American Power Boat Association Unlimited Fund on or before June 6, 1982. c. A sanction fee of Two Thousand Five Hundred Dollars ($2►500) payable to the Unlimited Racing Commission Fund, APBA. d. An insurance premium of approximately Two Thousand Dollars ($2,000) payable to the American Power Boat Association. e. 1. LEGAL START MONEY Two Thousand Dollars ($2,000) per boat that makes a legal start in any elimination heat. (Boat must qualify to make a legal start). One Thousand Dollars ($1,000) qualification money if bumped from ten (10) or twelve (12) boat field. 2. gUALIFYING MONEY One Thousand Five Hundred Dollars ($1,500) per day for first two days only. Each day: $400.00 - $300.00 - $225.00 - $175.00 - $150.00 Fastest Overall Qualifier: First, $300.00, Second, $200.00 To -qualify each boat must achieve speed set forth in rule book (Rule 4, Section 4E), and exceed prior day speed to earn second day qualifying money. 3. HEAT PRIZE MONEY Five Hundred Dollars ($500) per boat each preliminary heat (Boat must finish heat to qualify for prize and finish fifteen (15) minutes from start of race, (Rule 5, Section 2A). One Thousand Dollars ($1,000) for the second heat in which a boat qualifies as foregoing. - 3 - 82-411 'f. One Thousand Five Hundred Dollars ($1,500) payable to the Florida Inboard Racing Club representing purse money for limited hydroplane winners providing they participate in the Event. FOOTNOTE 1 Total purse and legal start payments as shown in paragraph-6 (a), 6 (b), and 6(e)#labove are tentative and contingent upon Champion acceptance of proposed, final requirements submitted by Unlimited Commission, APBA, for 1982 season. 7) Champion shall be reimbursed by the City, out of the net proceeds of the Event, a sum equal to the lesser of (1) the amount of such net proceeds; or (2) Seventeen Thousand Dollars ($17,000). As used herein, "net proceeds" means the total of all income derived by the City from sales of admission tickets to the Event, less the total of any sales, admissions or other excise taxes levied directly on such sales of admission tickets. 8) Champion shall be given One Thousand (1000) gratis Grandstand Stadium Tickets of Champion's choice and up to a maximum of five hundred (500) additional Stadium Tickets at forty percent (40%) discount of regular list price. This Agreement may be terminated at the option of either Champion or the City of Miami if it is determined by either party that Event contemplated hereunder is not in the best interests of the nation or community where race is to be held because of an adverse national economy, energy or fuel situation in general or due to lack of or limited fuel supply within the.Miami•metropolitan area which may exist prior to or on the date of the Event. All actions and provisions of this Agreement will be construed and interpreted under Florida law and heard in Dade County, Florida. - 4 - IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers and officials on the date first above written. ATTEST: CITY CLERK ATTEST: (JR41' SECRETARY APPROVED AS TO FORM AND CORRECTNESS: CITY ATTORNEY JHY:ss - 5 - CITY OF MIAMI, FLORIDA, a municipal corporation CITY MANAGER Date: CHAMPION SPARK PLUG COMPfiATY Richard D. Kudner Vice President, Advertising & Merchandising Date: 3 p 82-4 11 62, pj Howard V. Gary City Manager Walter E. Golby Stadiums Manager 111Tri?-0RF=ICE �AEt.1r)RAN0UM ..-- April 26, 1982 1982 Champion Snarkplug Regatta Contract; Commission Authorization Requested 7r Frn ENC r'= E^JC L05UR'S. "It is recommended that the attached resolution be adopted authorizing the City Manager to execute an agreement with the Champion Spark Plug Company for staging the Annual Champion Spark Plug Unlimited Regatta at Marine Stadium on June 4, 5 and 6, 1982." For the past eleven (11) years the City of Miami has co -sponsored the Annual Champion Spark Plug Unlimited Regatta at the Marine Stadium. This race has national recognition for the City of *Miami and thousands of boat racing enthusiasts will attend this presti- gious event. Over the past years this event has been self-sustaining with ticket proceeds paying all expenses for services to be provided by the City. Two "originals" and one copy of the referenced agreement are enclosed. All should be signed so that one of them can be returned to the Champion Spark Plug Company. It is therefore recommended that this item be placed on the May llth City Commission Agenda and that the City Manager be authorized to execute the attached agreement, as per the attached resolution. Mr. Eugene Hancock, of Marine Stadium Enterprises, and Champion Spark Plug have agreed that the hoist will be closed for private boats during the Regatta. 82-411