HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 06 - 00132-
Date: 6/12/08 Requesting Department: Public Facilities
Commission Meeting Date:7/10/08 District Impacted: 3
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Resolution Terminating Orange Bowl Use Agreement with University of Miami
Purpose of Item:
A resolution authorizing the City Manager to execute a Termination Agreement, in substantially the
attached form, thereby terminating the Use Agreement dated June 22, 1990, as amended (the
"Agreement"), between the City and the University of Miami ("University") for the staging of the
University's home football games and related activities at the Orange Bowl Stadium (the "Stadium")
effective December 31, 2007.
Background Information:
See attached
i
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
$0.00
$0.00
Final Approvals
(SIGN AND DATE)
CIP Budget /0 /+
If using or receiving capital funds
Grants
Risk Management
Dept. Direct
City Manager
4
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Subject: Resolution Terminating Orange Bowl Use Agreement with University of Miami
The City and the University entered into a Use Agreement on June 22, 1990, as amended, which
authorized the University to utilize the Orange Bowl Stadium for the staging of its home football games
and related activities. The Use Agreement does not expire until June 21, 2010. After the City and the
University were unable to reach an agreement for the redevelopment of the Orange Bowl, in August,
2007 the University announced that it would be moving to the Dolphin Stadium effective with the 2008
football season and they requested to terminate their Use Agreement at the Orange Bowl.
Simultaneously with the termination of this Use Agreement, the University has agreed to an early
relinquishment of its interest in its lease with the City at the James L. Knight Conference Center.
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