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HomeMy WebLinkAboutLegislation-O, ,J City of Miami Legislation Resolution File Number: 09-00504 City Hall 3500 Pan .Amerman I,1laill.J L 133 .miamigw.com Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS), AUTHORIZING THE EXECUTIVE DIRECTOR OF THE MIAMI SPORTS AND EXHIBITION AUTHORITY ("MSEA") TO EXECUTE AN INTERLOCAL AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, BETWEEN THE BAYFRONT PARK MANAGEMENT TRUST ("TRUST") AND MSEA, FOR THE PURPOSE OF THE TRUST PROVIDING OPERATION AND MANAGEMENT SERVICES TO MSEA. WHEREAS, the Bayfront Park Management Trust ("Trust") is a limited agency and instrumentality of the City of Miami, and the Miami Sports and Exhibition Authority ("MSEA") is an independent agency of the City of Miami; and WHEREAS, the purpose of the attached Interlocal Agreement between the Trust and MSEA is to formalize MSEA's engagement of the Trust for the provision of management services, including staff and an environment for MSEA's operations; and WHEREAS, as compensation for these services, MSEA shall pay the Trust $141,000, for services provided in Fiscal Year 2008-2009, and commencing on October 1, 2009, MSEA shall pay the Trust a monthly facility fee of $300, and a monthly management fee of $4,167, for an approximate total annual fee of $53,600; and WHEREAS, at the MSEA Board meeting held on April 23, 2009, the MSEA Board approved the terms of the Interlocal Agreement; and WHEREAS, at the Trust Board meeting held on April 28, 2009, the Trust Board approved the Interlocal Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Executive Director of MSEA is authorized{1 } to execute an Interlocal Agreement, in substantially the attached form, between the Trust and MSEA, for the purpose of the Trust providing operation and management services to MSEA. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 1 of 2 Printed On: 5/15/2009 File Number. 09-00504 APPROVED AS TO FORM AND CCRRECTNESS: JULIE O. BR. U CITY ATTORNEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 5/15/2009