HomeMy WebLinkAboutmemoMILDROD AND CLAUDE PEPPER
• BAYFRONT PARK
MANAGEMENT TRUST
301 N. BISCAYNE BOULEVARD, MIAMI, FL 33132
TELEPHONE: (305)358-7550 FAX: (305) 358-1211
MEMORANDUM
TO: Bayfront Park Management Trust
FROM: m t w """'z' c i ive Director
SUBJECT: Resolution 04-048, Raceworks Ticket Setlement
DATE: September 17, 2004
Pursuant to the terms of the settlement approved by the Tnist at its board meeting of
February 23, 2004, relating to the arrearages of the 2003 Race event, hereto attached
please find the compromise and settlement agreement pertaining to the arrearage due
regarding ticket surcharge. This settlement agreement is respectfully submitted for board
ratification. As time was of the essence, the City Attorney's office generated the
settlement agreement and BPMT management routed it for execution. Since then the
Trust has received a settlement check in the amount of $6,139.20 in settlement of the
$15,348 debt. This item also requires City Commission ratification.