HomeMy WebLinkAboutMemo - Proposed Revisions 03/08/12CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Alice Bravo, P.E.
COI/Assistant City Manager
FROM: Zari Watkins, Esq.
Sr. Asst. to the City Manager
DATE: February 27, 2012
SUBJECT: Proposed Revisions to Marine
Stadium Memorandum
of Understanding
In addition to the Marine Stadium MOU approved by the MSEA Board, at its meeting held on
January 24, 2012 and provided in this agenda package, the following substantive revisions
(attached) are proposed for inclusion in the MOU:
• The Steering Committee shall provide a report of its findings concerning the evaluation
area to the City Manager and the MSEA Board (page 1);
• The Steering committee will consist of thirteen (13) members — an additional member
from the Dade Heritage Trust (page 2);
• The Steering Committee will assist Friends in developing a viable restoration and
operating plan for the Stadium Premises. When the Steering Committee advises the
City Manager that Friends has developed said plan, the City Manager shall have
Friends present the plan to the MSEA Board and City Commission (page 2);
• The MSEA Board and City Commission shall determine whether Friends has raised
sufficient funds for the restoration of the Stadium and developed a viable operating
plan for the Stadium Premises (pages 2)
• Friends agrees that its fundraising activities will be limited to the purposes of this MOU.
Friends will deliver to the Steering Committee simple monthly financial statements
showing: opening balance; new revenue per Friends' categorization; expenditures per
Friends' categorization; and closing balance (page 3).