HomeMy WebLinkAboutCover MemoTo: Honorable Mayor and Members August 14, 2007
of the City Commission
Subject: Approval of the Miami Sports
& Exhibition Authority 2007-2008
Operating Budget.
From: imothy . Schmand For: City Commission
Executive Director
RECOMMENDATION:
Meeting of September 11, 2007
It is respectfully recommended that the City Commission approve the Miami Sports & Exhibition
Authority Operating Budget for Fiscal -Year 2007-2008.
BACKGROUND:
The Miami Sports and Exhibition Authority (MSEA) was established in 1983, pursuant to Florida
Statute 212.057, as an independent and autonomous agency and instrumentality of the City of
Miami. MSEA was created to promote sports, conventions and exhibitions and to strive to generate
community support to achieve this purpose. It was further given the authority to exercise any power
usually possessed by private corporations performing similar functions that are not in conflict with
the Florida constitution or law. Pursuant to that mandate, MSEA continues to serve the community
through the redirection of its portion of CDT funding for the Orange Bowl Renovation Project, and
as the landlord of the Children's Museum and the Chalk's seaplane operation on Watson Island.
Enc.