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HomeMy WebLinkAboutMemo - MESAe.:,%/444-Atei; sports & exhibition authority To: Honorable Mayor and Members July 26, 2011 of the City Commission From: Kirk Menendez Executive Director Subject: Approval of the Miami Sports & Exhibition Authority.2011-2012 Operating Budget For City Commission meeting of September 15, 2011. RECOMMENDATION: It is respectfully recommended that the City Commission approve the Miami Sports & Exhibition Authority Operating Budget for Fiscal -Year 2011-2012. BACKGROUND: The Miami Sports and Exhibition Authority (MSEA) was established in 1983, pursuant to Florida Statute 212.057, as an independent and autonomous agency and instrumentality of the City of Miami. Currently MSEA is being managed; by Mr. Kirk Menendez, Intergovernmental Affairs Liaison for the City of Miami. MSEA was -created to promote sports, conventions and exhibitions and to strive to generate community support to achieve this purpose. It was further given the authority to exercise any power usually possessed by private corporations performing similar functions that are not in conflict with the Florida constitution or law. Your approval of the attached budget will enable MSEA to fulfill its mandate. The budget was unanimously approved by the MSEA board at its July 20, 2011, meeting. Attachments: resolution budget 301 North Biscayne Blvd., Miami FL 33132 ,(305).358-7550 Fax (305) 358-1211