HomeMy WebLinkAboutMemoTO: The Honorable Mayor and DATE: February 29, 2008
Members of the City Commission
SUBJECT: A Resolution of
the Miami City Commission
granting the Bayfront Park
Management Trust an
additional 120 days to
negotiate a final agreement
with Live Nation Worldwide,
Inc., LLC, for the purpose of
managing and operating the
Bayfront Park Amphitheater,
pursuant to RFLI 44014
adopted by the City
Commission on January 10,
2008..
FROM: Timothy F. Schmand For March 27, 2008
Executive Director
RECOMMENDATION
City Commission Agenda
It is respectfully recommended that the Miami City Commission grant the Bayfront Park
Management Trust and the City Attorney's office an additional 120 days to negotiate a final
agreement with Live Nation Worldwide, Inc., for the purpose of managing and operating the
Bayfront Park Amphitheater pursuant to Resolution No. 0-13397 adopted by the Commission on
January 10, 2008.
BACKGROUND
The Bayfront Park Management Trust (Trust) manages Bayfront and Bicentennial Parks with the
goal of ensuring maximum community participation. One of the Trust's objectives, identified
through its long range planning process, is to create a 12-16 hour a day facility serving the
community with various forms of entertainment and activities. The acquisition of a company to
manage and operate the Bayfront Park Amphitheater provides a substantial revenue stream for
achieving this objective. The City of Miami Purchasing Department issued RFLI 44014 for the
management and operation of the Bayfront Park Amphitheater on August 21, 2007. Proper City of
Miami procurement procedures ensued and culminated with the City Commission adopting
Resolution No. 07-013397 on January 10, 2008, authorizing the Trust to negotiate an agreement with
Live Nation within 90 days or April 10, 2008. At this time, negotiations are progressing well but a
final agreement will not be reached in this 90 day window. The Trust and the City Attorney's office
respectfully request an additional 120 days to negotiate a final agreement or by August 10, 2008.