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HomeMy WebLinkAboutR-08-0457City of Miami Legislation Resolution: R-08-0457 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00744 Final Action Date: 7/24/2008 A RESOLUTION OF THE MIAMI CITY COMMISSION , WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER AND THE BAYFRONT PARK MANAGEMENT TRUST TO EXECUTE A MANAGEMENT AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, 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 City Commission to direct, operate, manage and maintain all aspects of Bayfront and Bicentennial Parks to ensure maximum community participation; and WHEREAS, one of the Trust's near term objectives, identified through its recent long range planning process, is to create a facility serving the community with various forms of entertainment and activities; and WHEREAS, the acquisition of a company to manage and operate the amphitheater allows for a substantial revenue stream for achieving that objective; and WHEREAS, at the Trust's request, the City of Miami Procurement Department issued a Request for Letters of Interest ("RFLI") to solicit proposals for that purpose; and WHEREAS, RFLI No. 44014 for the Management and Operation of the Bayfront Park Amphitheater was issued on August 21, 2007, and two (2) responses were received by Wednesday, September 19, 2007; and WHEREAS, the Evaluation Committee ("Committee"), appointed by the Chairperson of the Trust and approved by the City Manager met on October 12, 2007, at which time oral presentations were provided; and WHEREAS, following the oral presentations, the Committee completed its evaluation and recommended that the Trust negotiate first with Live Nation World Wide, Inc., and should negotiations fail, that the Trust negotiate with AEG Live; and WHEREAS, the recommendation made by the Committee was accepted by the Trust at its October 22, 2007, board meeting; and WHEREAS, the Trust directed the Executive Director to enter into negotiations with Live Nation Worldwide, Inc.; and WHEREAS, the City Commission adopted Resolution No. 08-0026, January 10, 2008, authorizing the Trust to negotiate an agreement with Live Nation Worldwide, Inc., for the purpose of managing and operating the Bayfront Park Amphitheater; and City of Miami Page 1 of 2 File Id: 08-00744 (Version: 2) Printed On: 5/11/2017 File Number: 08-00744 Enactment Number: R-08-0457 WHEREAS, the Trust and Live Nation Worldwide, Inc. have negotiated a management agreement, in substantially the attached form; 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. The City Manager and the Trust are authorized {1} to execute a management agreement, in substantially the attached form, with Live Nation Worldwide, Inc., for the purpose of managing and operating the Bayfront Park Amphitheater. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} 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. City of Miami Page 2 of 2 File Id: 08-00744 (Version: 2) Printed On: 5/11/2017