HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
Date: 6/13/2008
Commission Meeting Date: 7/10/2008
Type: ® Resolution ❑ Ordinance
❑ Other
Subject: Management Agreement between the City of Miami, Bayfront Park Management Trust and
Live Nation Worldwide, Inc.
Purpose of Item:
Requesting Department: Bayfront Park Mngmt. Trust
District Impacted: 2
Emergency Ordinance [] Discussion Item
Requesting the City Commission to authorize and approve the management agreement between the
City of Miami, the Bayfront Park Management Trust (Trust) and Live Nation Worldwide, Inc., (Live
Nation) for the management and operation of the Bayfront Park Amphitheater pursuant to Resolution
No. 08-0026.
Background Information:
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. 08-0026 on January 10,
2008, authorizing the Trust to negotiate an agreement with Live Nation. The results of those
negotiations are herewith attached for City Commission approval, and City Commission authorization
to the City Manager and the Trust to enter into a management agreement with Liva Nation.
Budget Impact Analysis
YES 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:
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
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Chief City -Manager
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