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HomeMy WebLinkAboutmemo-2CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : FROM _ Honorable Mayor 11 anuel Diaz and vIhers of the Cy ommission V \ I I"` Jo Iola Ci' anager DATE FILE SUBJECT REFERENCES ENCLOSURES: Resolution Establishing Rates & Conditions for the Use of the Orange Bowl Stadium by Caribbean Soccer Network, Inc. Recommendation: It is respectfully recommended the City Commission adopt the attached Resolution establishing rates and conditions for the use of the Orange Bowl Stadium by Caribbean Soccer Network, Inc. Background: The Department of Conferences, Conventions & Public Facilities seeks to enter into a Use Agreement with Caribbean Soccer Network, Inc. to host a soccer match between Haiti and Honduras at the Orange Bowl Stadium on November 16, 2003. It is recommended that the following special rates and conditions be approved: 1. Use Fee to be capped at S5,000 versus the 10% of gross ticket sales established in the City Code, Section 53-83. 2. Permit the promoter to utilize a maximum of 2,000 total number of complementary tickets for the event, which shall be authorized for promotional purposes. The event organizers will pay for all necessary costs of City services and applicable fees associated with the event. This event is expected to produce net revenues to the City in excess of S 150,000 which includes revenues derived from the Use Fee, Ticket Surcharge, Concessions, and Parking. The event is expected to generate an economic impact to our community resulting from international travel, hotel occupancy, restaurants and other commerce. JA/LH/CPA/IG