HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 01? —COI 2
Date: 2/2/2009 Requesting Department: City Manager's Office
Commission Meeting Date: 2113/2009 District Impacted: Citywide Law Department
Type: Resolution Matter ID No.
yp ® ❑Ordinance ❑Emergency Ordinance ❑ Discussion Item
Subject: Authorization for the City M.
Operation of a New Baseball Stadium.
Purpose of Item:
A Resolution of the Miami City Commission, with attachments, authorizing the City Manager to
execute the Stadium Documents (collectively, the "Stadium Documents"), in substantially the forms
attached hereto as Exhibits "A" through "E", respectively, relating to the development and operation
of a new baseball stadium for the Florida Marlins, and related parking, as contemplated in the
Baseball Stadium Agreement dated March 3, 2008, approved by the City Commission by Resolution
No. R-08-0089, adopted February 21, 2008.
Background Information:
On February 21, 2008, The Miami City Commission adopted Resolution R-08-0089 authorizing the
City Manager to execute a `Baseball Stadium Agreement" (BSA) among the City of Miami, Miami -
'Dade County, and Florida Marlins, L.P. The BSA, executed on March 3, 2008 outlined the general
terms under which the parties would move forward to design, develop, construct, and operate a Major
League Baseball stadium and related Parking Facilities on the former Orange Bowl Site, and
contemplated the execution of the definitive documents (the "Stadium Documents"), The parties have
negotiated the terms of the Stadium Agreements, consisting of the Construction Administration
Agreement, the Operating Agreement, the City Parking Agreement, the Assurance Agreement and the
Non -Relocation Agreement, copies of which are attached hereto as Exhibits "A" through "E",
respectively and the administration seeks authorization to execute these documents.
Budget Impact Analysis
NO Is this item related to revenue?
NO is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management _(%'0
Purch m* Dept. Director
Chiefj�� City Manager
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