HomeMy WebLinkAboutin-kind services by mdcJUSTIFICATION FOR GRANTING MIAMI-DADE COUNTY PARKING AT MARINE
STADIUM
IN -KIND SERVICES PROVIDED BY MIAMI-DADE COUNTY TO CITY:
I. STABLES AT TROPICAL PARK 1:
a) 25 STALLS:
County rate = 25 stalls year round @ $300/mo x 365 days $109,000.00
b) 1 TRAILER:
Trailer used by MPD — 40' x 10' = 400 sq. ft.
County rental rate = $101sq.ft. x 400 sq. ft. $4,000.00
$25.000.00
c) 1 PASTURE AREA FOR HORSES:
125' x 80' = 10,000 sq.ft.
County rate = $2.50/sq.ft. x 10,000 sq.ft.
Total In -Kind Services Provided
$138,000.00
POTENTIAL PARKING REVENUE IF CITY OPERATED PARKING
POTENTIAL GROSS PARKING REVENUE:2
800 spaces at Marine Stadium
Daily Charge per vehicle = $8.00 x 800 spaces x 13 days
LESS PROJECTED OPERATING EXPENSES: 3
Estimated Net Revenue (Loss) from Parking Operation
1
2
$ 83,200.00
$ 85,000.00
($ 1,800.00)
Fees are based on approved fee schedule by Parks and Recreation Department, County
Manager's Office, and Board of County Commissioners. City uses a maximum of 25 stalls
during the year, but the monthly number of stalls used varies. County pays water and
electric which is included in its Park budget.
County does not charge for employee parking at Marine Stadium site.
3 Operated expenses are estimates provided by Miami -Dade County and includes bus
service to shuttle individuals to the tennis center. The County does not track this event as a
cost center. Therefore, actual revenue and expenses for this event are not available.