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HomeMy WebLinkAboutexhibit 3-email147.,6,-/- c Page 1 of 3 Fernandez, Javier From: Fernandez, Javier Sent: Monday, April 19, 2004 9:42 AM To: lgwe, Victor Cc: Wright, Erica N. Subject: FW: Grand Prix Settlement - Tickets Victor — Enclosed please find the missing settlement letter. Original Message From: Fernandez, Javier Sent: Monday, April 19, 2004 9:28 AM To: Igwe, Victor Subject: RE: Grand Prix Settlement - Tickets Mx. Igwe — Attached please find a copy of the terms settlement letter sent to Raceworks with the original terms indicating a total ticket count of 10,554 tickets. Please feel free to contact me with any questions. Sincerely, Javier Fernandez Asst. to the Chief of Operations Office of the City Manager Direct: (305) 416-1017 Office: (305) 416-1025 jfernandezeci.miami.fl.us Original Message From: Igwe, Victor Sent: Saturday, April 17, 2004 7:57 PM To: Fernandez, Javier Subject: RE: Grand Prix Settlement - Tickets I thought that you had told me that ticket count wasn't part of the prior settlement. I performed the ticket count review on that understanding. I am now confused, please forward the text of the agreement that he alluded to. Victor Original Message From: Fernandez, Javier Sent: Friday, April 16, 2004 7:20 PM To: Igwe, Victor Subject: FW: Grand Prix Settlement - Tickets Please find the missing attachment. -----Original Message From: Fernandez, Javier 6/28/2004 Page 2 of 3 Sent: Friday, April 16, 2004 7:18 PM To: Igwe, Victor Subject: RE: Grand Prix Settlement - Tickets Victor — Please excuse the delay in responding to your request. Attached please find a copy of Mr. Martinez's response to my request. Feel free to call me on Monday morning to discuss. Sincerely, Javier Fernandez Asst. to the Chief of Operations Office of the City Manager Original Message From: Igwe, Victor Sent: Thursday, April 15, 2004 2:16 PM To: Fernandez, Javier Subject: RE: Grand Prix Settlement - Tickets Any feedback from Mr. Martinez? Original Message From: Igwe, Victor Sent: Friday, April 09, 2004 10:20 AM To: Fernandez, Javier Cc: Wright, Erica N.; Schmand,Timothy Subject: RE: Grand Prix Settlement - Tickets I have attached a preliminary/tentative ticket count review memo for your review. Please provide your feedback, if necessary. After in-house review and agreement and soon as Mr. Martinez responds to the inquiry below, said memo would be finalized and formally issued. Thanks. Victor Original Message -- From Fernandez, Javier Sent: Wednesday, April 07, 2004 8:39 PM To: 'ChuckMMartinez@aol.com' Cc: Igwe, Victor; Wright, Erica N. Subject: Grand Prbc Settlement - Tickets Mr. Martinez — After a closer review of the Final Settlement Detail report prepared by Ticketmaster Miami, it appears that Raceworks owes the City an additional $4,794 in Ticket Fees pursuant to Section 11 of the Revocable License Agreement. This additional figure represents the 4,794 tickets provided by Raceworks to Motorock as part of its sponsorship arrangement and Listed in the "Phone TIX"column of the Ticketmaster report. During our conversation earlier this evening, you indicated that the tickets in question were provided to Motorock in exchange for cash, VIP 6/28/2004 Page 3 of 3 Tickets to Motorock activities/concerts, and other Motorock merchandise (i.e. T-shirts). Pursuant to a legal opinion issued July 2, 2003, by the City Attorney, the 4,794 tickets would be considered as "sold/bartered" tickets. Raceworks in a prior settlement acknowledged the validity of this opinion when it remitted payment for the approximately 4,168 tickets for the 2002 Grand Prix Americas which were in dispute last year. Furthermore, Raceworks has also recognized the validity of this opinion through its inclusion of those suite tickets provided to other corporate sponsors in the ticket total for the 2003 Grand Prix Americas. As such, attached you will find a revised settlement agreement. The revisions incorporated are as follows: Total Use Fee, Ticket Fee, & Other Financial Obligations $109,195.05 Remaining Balance after reduction of Police & Fire Surcharges $89,722.05 40% of Remaining Balance $35,888.82 Please note that this e-mail should also be attached to previously forwarded terms letter as an addendum. Lastly, I would request that Raceworks provide a certified statement of all tickets sold during the 2003 Race Event. Thank you for your continued assistance. Please feel free to contact me should you have any questions or comments. Sincerely, Javier Fernandez Asst. to the Chief of Operations Office of the City Manager City of Miami 6/28/2004