HomeMy WebLinkAboutSummary Form 01/26/12G' r
Date: 01/17/2012
AGENDA ITEM SUMMARY FORM
FILE ID:
0001/,
Requesting Department: Public Facilities
Commission Meeting Date: 01/26/2012 District Impacted: District 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
n Other
Subject: Memorandum of Understanding between the .City of Miami, MSEA and Friends of
Miami Marine Stadium, Inc.
Purpose of Item: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE A MEMORANDUM OF UNDERSTANDING, IN
SUBSTANTIALLY THE ATTACHED FORM, AMONG THE CITY OF MIAMI, THE MIAMI SPORTS AND
EXHIBITION AUTHORITY AND FRIENDS OF MIAMI MARINE STADIUM,INC., A 501(C)3 NON PROFIT
CORPORATION, ESTABLISHING THE CITY OF MIAMI'S PARTICIPATION IN A PUBLIC -PRIVATE
PARTNERSHIP IN ORDER TO PLAN, APPLY FOR GRANTS AND FUNDING, AND IMPLEMENT THE
RENOVATION, OPERATION AND PUBLIC USE OF THE MIAMI MARINE STADIUM TO BE REDEVELOPED
ON VIRGINIA KEY, MIAMI, FLORIDA.
Law Department
Matter ID No.
Background Information:,
There is a strong movement to rehabilitate the Miami Marine Stadium and its surrounding .Biscayne Bay basin
and uplands as a recreational and cultural site. The City seeks to work with MSEA and Friends for a period of
up to 4 years during which time Friends, in consultation with a Steering Committee, formed by the City
Manager, will plan, apply for grants and funding, and implement the renovation of the Miami Marine Stadium
and the development of the overall Stadium as provided in the Miami Marine Park portion of the Virginia Key
Master Plan, approved by the City Commission in July 2010. The Steering Committee for the Stadium will
consist of a nine member task force to assist and advise the City Manager and the Friends in conducting the
evaluations needed for all aspects of the Stadium Project, as defined in the MOU. The Committee members will
serve for designated time period with no compensation. Additionally, Florida Sunshine laws will fully apply to
the Committee.
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, pleaseidentify 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
JSIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
Chief 2 /jam City Manager
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