HomeMy WebLinkAboutExhibit 4av v
August 1, 2007
Honorable Mayor Diaz
and Members of the City Commission;
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 cbmmunity support to achieve this purpose. It
was further given the authority to exercisany 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. It also has primary responsibility in the Watson Island heliport
negotiations.
The attached budget will enable MSEA td continue in its current mode, while the board
contemplates future opportunities. The budget was unanimously approved by the MSEA
board at its July 30, 2007, meeting, and I would respectfully request that you do the same.
Thank you in advance for your assistance,.
Res
othy F. Sc and
Executive Director
Enc.
Cc: file
301 North Biscayne Blvd., Miami FL 33132 (305) 358-7550 Fax (305) 35S-121 1