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HomeMy WebLinkAboutSummary FormDate: 8/13/07 AGENDA ITEM SUMMARY FORM FILE ID: U 2' 01035 Requesting Department: Public Facilities CA.1 Commission Meeting Date: 9/11/2007 District Impacted: 3 Type: ® Resolution l Ordinance n Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Resolution for an Agreement with the Department of Off Street Parking (DOSP) to Manage and Operate Parking Services at the Orange Bowl Stadium. Purpose of Item: A Resolution of the Miami City Commission, with attachments, authorizing the City Manager to enter into an agreement with the Department of Off -Street Parking to manage and operate the parking lot facilities servicing the Orange Bowl Stadium for a period of three (3) years with three (3) one year renewal options, effective October 1, 2007; further providing that either party shall have the right to terminate this agreement at any time by providing prior written notice to the other party. Background Information: The City of Miami owns the property known as the Orange Bowl Stadium and hosts numerous events throughout the year at the venue. The Department of Public Facilities is seeking a reputable company to manage and operate the parking facilities at this site. The Department of Off Street Parking is experienced in providing parking services and is familiar with the Orange Bowl and its operations during events. This agreement includes the same terms and conditions as the previous agreement, in which DOSP shall receive five percent (5%) of gross revenues and an administrative fee of two percent (2%) of gross revenues. Furthermore, either party shall have the right to terminate this agreement at any time with sixty (60) days prior written notice. Budget Impact Analysis Y .Is this item related to revenue? • OE%do-: 3-a-i O..) . `J-o-1141 OD V's Is this item an expenditure? If so, please identify funding source below. General Account No: , k re•/ 4� ,J/ he 1e u � Special Revenue Account No: �leYe`.i'41" cox / a..Ed Z a CIP Project No: •f�J�'' ff�« �c, f« « �7 •% -c ,e �; �c� Tug �-f� 6;IZ ZA9--k c NO Is this item funded by Homeland Defense/Neighborhood Improvement Bon Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $0.00 $0.00 Final A..roval .(SIGN AND DAT Budget If using or receiving capital funds Grants :V /4- Purchasin Chief r fU[ 1,3 8Q►5eo"i Risk Management Dept. Direct City Manager Paee I of I