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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: Date: 01/31/12. Commission Meeting Date: 3/08/2012 lob - b0/y'/ Requesting Department: Bayfront Park Management Trust District Impacted: 2 Type: ® Resolution n Ordinance ❑ Emergency Ordinance n Discussion Item ❑ Other Law Department Matter ID No. 11-2532 Subject: Use Agreement ("Agreement") with V 0 R Miami, Inc., a Florida Non Profit Corporation hosting the 2012 Volvo Ocean Race in Bicentennial Park. Purpose of Item: A Resolution of the City of Miami Commission, accepting a Use Agreement between the Bayfront Park Management Trust and V 0 R Miami; Inc., a Florida Non -Profit Corporation with terms and conditions more specifically set forth in said agreement, for the 2012 Volvo Ocean Race. The City of Miami passed Resolution No. R-10-0270, authorizing the use of the Florida East Coast Railway Slip and a portion of Bicentennial Park for the Volvo Ocean Race 2012. The agreement was to be brought back to the City Commission for approval. Attached herewith, is the Use Agreement for the Volvo Ocean Race 2012 from April 29, 2012, until May 26, 2012, respectfully submitted for Commission approval. Background Information: Budget Impact Analysis Is this item related to revenue? Yes Is this item an expenditure? If so, please identify funding source below. N.A. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? N.A. Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $281,334 Final Approvals (SIGN AND DATE) CIP. N/A . Budget N/A If using or receiving capital funds !-!:Grants N/A Risk Management LPurchasing Dept. Director Chief--City-Marreger TAIoT y- - ,So4 L XE�UTI�'� J jeE-2TDlZ Page 1 of 1