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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00285 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING AN EXTENSION OF THE NEGOTIATION TIME FRAME, FROM THE NINETY (90) DAY TIME FRAME SET FORTH IN RESOLUTION NO. 08-0026, ADOPTED JANUARY 10, 2008, TO AN ADDITIONAL ONE HUNDRED AND TWENTY (120) DAY TIME FRAME, FOR THE BAYFRONT PARK MANAGEMENT TRUST TO NEGOTIATE AN AGREEMENT WITH LIVE NATION WORLDWIDE, INC., FOR THE PURPOSE OF MANAGING AND OPERATING THE BAYFRONT PARK AMPHITHEATER. WHEREAS, the Bayfront Park Management Trust ("Trust") was created by the Miami City Commission to direct, operate, manage and maintain all aspects of Bayfront and Bicentennial Parks to ensure maximum community participation; and, WHEREAS, pursuant to Resolution No. 08-0026, adopted January 10, 2008, the City Commission authorized the Trust to negotiate an agreement with Live Nation Worldwide, Inc., for the purpose of managing and operating the Bayfront Park Amphitheater; and WHEREAS, in discussing said Resolution, the City Commission limited the negotiation time frame to a period of not more than ninety (90) days; and WHEREAS, negotiations between the Trust and Live Nation Worldwide, Inc. are progressing, but a final agreement has not yet been reached; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. An extension of the negotiation time frame, from the ninety (90) day time frame set forth in Resolution No. 08-0026, adopted January 10, 2008, to an additional one hundred and twenty (120) day time frame, for the Trust to negotiate an agreement with Live Nation Worldwide, Inc., for the purpose of managing and operating the Bayfront Park Amphitheater, is authorized. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU CITY ATTORNEY City of Miami Page 1 of 2 Printed On: 3/13/2008 File Number: 08-00285 Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 3/13/2008