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HomeMy WebLinkAboutMemo - MSEAs sports & exhibition authority To: Honorable Mayor and Members August 9, 2012 ' of the City Commission From: Kirk Menendez Executive Director RECOMMENDATION: a Subject: Approval of the Miami Sports & Exhibition Authority 2012-2013 Operating Budget For City Commission meeting of September 13, 2012. It is respectfully recommended that the City Commission approve the Miami Sports & Exhibition Authority Operating Budget for Fiscal -Year 2012-2013. 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 R. Menendez. 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 30, 2012, meeting. Attachments: resolution budget 3500 Pan American Drive, Miami FL 33133 (305) 250-5474 Fax (305) 400-5391