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HomeMy WebLinkAboutSubmittal-Brian May101) musicfestival January 8, 2012 The Honorable Michelle Spence Jones Miami City Commission City of Miami 3500 Pan American Drive Miami, FL 33133 Submitted into the public record in connection with items RE•5. on 01-10-13 Dwight S. Danie City Clerk RE: Ultra Music Festival — 15th Anniversary Event — Agenda Item SI.1 Commissioner Spence Jones, This year marks the 15th anniversary of Ultra Music Festival, which began in 1998 as a 1-day event on Miami Beach, and has grown to the largest and pre-eminent electronic music festival in the world, with festivals in 7 countries. Miami is, and always will be, the flagship festival of Ultra. Since 2007 with 50,000 attendees, it has grown by over 200%. In 2012, Ultra Music Festival Miami hosted over 165,000 people over the 3-day festival in downtown Miami. Approximately 70% of those attendees traveled to Miami for the festival, bringing with them the lion's share of approximately $80 million in economic impact to our community. Along with the growth of the festival, the City of Miami and Ultra have faced the various challenges that come with accommodating a multi -day festival in a dense urban core like downtown Miami. Downtown Miami is a much different place now than when Ultra began hosting the festival there in 2001. Both the festival and the downtown area have grown exponentially, and the ability of our downtown stakeholders to work together to address the challenges presented by that growth is part of what sets Miami apart from others as a world -class City. In commemorating Ultra's 15th Anniversary in Miami, Ultra aspires to host the festival for 6-days over two (2) weekends. March 15, 16, & 17th and March 22, 23, & 24th, requiring Ultra to utilize Bayfront Park for 7 additional days than would be the norm for our customary 3-day festival. A 2-weekend event is expected to draw over 300,000 attendees, and since receiving conditioned approval from the Bayfront Park Management Trust in November the pre -sale of tickets has been robust. In expectation of the increased need for logistics, planning, security, trash removal, traffic control, and other challenges that arise from hosting the festival over 2 weekends, Ultra has undertaken a wide-ranging community outreach effort to address issues and concerns from local businesses, office buildings, residents and other stakeholders affected by the festival. In an attempt to mitigate as many issues as possible, Ultra has met with the property managers in adjacent buildings who have voiced concerns over the event, commissioned traffic engineers to come up with the least disruptive traffic plan possible (an absolute necessity for the festival), met with the Downtown Development Authority (DDA), the Miami Parking Authority (MPA), the Miami Police Department, the City of Miami Fire Department, Bayside Marketplace and the American Airlines Arena. Ultra has also been in contact with representatives from the Port of Miami, Miami -Dade College and the Adrienne Arsht Center for the Performing Arts to address any concerns from those facilities with regard to the festival over a two weekend period. 12-01305- et,b nt aI - Sriay) may 09 suzzrAr4ra. musicfestival Traffic Plan Similar to last year, Ultra is proposing a plan for the closure of northbound Biscayne Boulevard from SE 1' to NE 4th street on festival days only (Fridays, Saturdays and Sundays). However, this year the traffic engineers have devised a traffic flow plan which would enhance mobility around the festival area beyond last year's capacity. A preliminary draft of improved plan was submitted just prior to the December City Commission Meeting. A copy of the plan has been provided to all of the stakeholders we have met with thus far. Where possible, we will augment the traffic plan to include any additional traffic and pedestrian measures to address specific stakeholder concerns that have arisen during our meetings. It is important to note that the proposed traffic plan is a significant improvement over, and takes into account lessons learned from, last year's festival, the primary component being the provision of better flow northbound on Biscayne Boulevard in the southbound lanes between SE 1st and NE 4th Streets and providing southbound traffic between those streets to be diverted to NW 2°d Avenue. This will improve traffic flow northbound and southbound in the downtown core during the festival, allow more effective access from Biscayne Boulevard westbound on Flagler and 3rd Streets, provide for better ingress and egress to the American Airlines Arena for Miami Heat patrons, maintain access to Port Boulevard, and due to better traffic flow, provide for more efficient pedestrian flow around the festival. We have agreed as part of our proposed traffic plan to provide increased traffic directional signage at and around the main access points to Downtown Miami in an effort to inform patrons of events at the American Airlines Arena, Adrienne Arsht Center and Port of Miami of the changes to traffic flow once entering downtown during the festival. It is also important to note that Biscayne Boulevard northbound, and the normal traffic pattern and flow downtown, will be re -opened on Monday morning at 5:00 am after the first weekend through 10:00 am on Friday of the 2nd weekend. Friday Measures In consideration of the noise and Friday working -hour ingress and egress disruption communicated to us by Commissioner Sarnoff on behalf of downtown law firms and other businesses, Ultra commits to the following general mitigation measures on the Fridays of the festival: • Ultra will not close Biscayne Boulevard northbound until 10 AM on each Friday morning of the festival, thereby allowing normal ingress to buildings for Downtown office workers • No sound checks or sound system noise prior to 4:30 PM, to afford Downtown offices as normal a business day as possible. • Music will not begin prior to 5:30 PM. • Doors will open between 3:30PM and 4:30PM to ensure efficient ingress of patrons to the festival and help prevent the congregation of festival patrons outside of the event prior to the festival. In addition to the general measures listed above to mitigate traffic flow and noise disruption on the Friday of each festival weekend, below is a list of what we have committed to the specific stakeholders with whom we have met, for the duration of the festival. 2 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk care_.-Tmar-4r. musicfestival Intercontinental Hotel • Ultra has committed to paying for two (2) off -duty Miami Police Officers at all times during the festival, at the hotel, to assist with guests and tour bus ingress/egress to the hotel and parking area and to control access by non -guest festival attendees. • Ultra has committed to provide additional Security around the property to assist with crowd control, and prohibit the congregation of Ultra patrons on hotel property. • Ultra has committed to reconfiguring the bank of portable toilets that in previous years was adjacent to the city parking lot serving the hotel to other areas on the Ultra site, so as to mitigate site and odor issues for the hotel. Miami Center • Ultra has committed to paying for three (3) off -duty Miami Police Officers at all times during the festival hours, and certain peak hours before and after gates open and close, to assist with tenants and employees ingress/egress to the building, parking garage and assist in the delivery of goods to the loading dock area serving both the Miami Center and the Intercontinental Hotel. These officers will also serve as security around the Miami Center and Parking Garage area of the building to prohibit Ultra patrons from congregating on the property and accessing the building. • In addition to the manned security from off -duty Police Officers outlined above, Ultra has committed to using "bike -rack" style barricades to limit the congregation and impact of Ultra patrons on the property and associated landscaping. • Ultra has committed to cover the cost of any additional maintenance, repair to landscaping, pressure washing of building's walkways and janitorial services that are required as a direct result of the festival. • Ultra has also committed, if needed, to increase the use of its own paid security around the Miami Center Property to assist with crowd control. Bayside Marketplace • Ultra has committed to allocate one (1) off -duty Miami Police officer to deal directly with Bayside Management on all issues related to traffic ingress/egress, deliveries, customer access and Ultra patron overflow. • The updated traffic plan will also help with traffic flow in and out of Bayside, however additional modifications to facilitate better ingress/egress will be considered after further input from Bayside • Ultra will also have one staff person committed full-time to Bayside and any issues that arise during the festival. • Ultra and Bayside are also considering the location of the Ultra will -call facility at the Bayside site, so as to increase the exposure and flow of Ultra patrons to Bayside • Ultra will link Bayside Marketplace in to its marketing, social media plan and website in order to generate business to Bayside before, during and after the festival. • Ultra will work with Bayside to schedule talent at Bayside's venues during and after the festival. This programming of talent at Bayside as part of the festival should generate traffic to Bayside tenants. • Ultra will also allow the promotion of Bayside tenants' sites for parties. 3 Submitted into the public record in connection with items g . on 01-10-13 Dwight S. Danie City Clerk ODvLT�irw. musicfestival 200 Biscayne • Ultra has committed to the property manger's only request to station a police officer, paid by Ultra, at the North East comer of the property during the festival to assist with keeping Ultra patrons from congregating on the property and common areas. 50 Biscayne & Vizcayne Towers • Ultra is committing to perimeter fencing around the building (similar to last year) with access points for residents and patrons of the commercial facilities • Ultra is committing to fund two (2) off -duty police officers for the property during the festival • Ultra will provide garage/building access passes to residents in advance of the festival 900 Biscayne • Ultra will provide 2 off -duty police officers for the property, with direct contact with private security and property management staff for increased security • Increased trash collection service for the area (including the parking lots where club fliers are distributed) General Resource Commitments and Recommendations In addition to the specific items agreed to between Ultra and Property Managers in downtown buildings, Ultra will provide in conjunction with the 6-day festival over two weekends the following: • In excess of $400,000 to the City of Miami Police Department for Off -Duty and Special Event Services, • In excess of $200,000 to the City of Miami Fire Department for Off -Duty and special Event Services, • Neat -team trash collection services which will cover a radius of 5 blocks in all directions from the festival to pick-up trash during and after the festival, and • March 2012 was one of Miami -Dade Transit's highest ridership months on record, with average daily boardings on Metrorail up 40% during Ultra http://www.miamidade.gov/transit/library/rtr/2012-09-ridership-technical-report.pdf and, in fact, March has been MDT's top ridership month every year for the past 4 years. Anti -Drug Awareness Campaign We are developing an anti -drug awareness campaign that will be implemented in to our electronic and print media leading up to the festival and Ultra will provide visible resources in and around the festival warning against the dangers of drug use. This issue played in important role in the Bayfront Park Management Trust's conditional approval of our request for a second weekend. We agree with the Management Trust's emphasis on this issue, and see this awareness campaign as an important part of maintain Ultra's professional brand. Fees paid to Bayfront Park Ultra is currently in negotiations with Bayfront Park Management on the appropriate park fees to be paid by the festival for 2013. 4 Submitted into the public record in connection with items RE.S• on 01-1_ Dwight S. Danie City Clerk csavc:p-sww. musicfestival Eliminate Distribution of Promotional Fliers Ultra Strongly recommends that the City Commission adopt a "zero tolerance" policy against the distribution of promotional fliers during the festival, as they are the pre -dominant source of litter in and around the festival. Ultra believes in being a responsible member of the downtown community. It is important for Ultra and its brand to remain viable downtown and to make the event a successful onefor downtown businesses and stakeholders. As such, we understand that our plan to address concerns must be one that is always looking to improve. In that regard, we are committed to make any necessary adjustments between the first and second weekends of the festival to address any new concerns or improvements that can be made for the benefit of our fellow downtown Miami stakeholders. Aside from the commitments already made with those stakeholders listed above, Ultra is always open to additional suggestions as to how we can improve on the festival and the experience of everyone involved. We respectfully ask the City to support the two -weekend festival (during this anniversary year), the proposed traffic plan, and the mitigation measures outlined above for the benefit of all involved. Sincerely, Russell Faibisch Ultra Music Festival Cc: Mayor Tomas Regalado City Manager City Clerk 5 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : FROM : Manuel Orosa Chief of Police Through Channels) rown Assistant Chief of Police Field Operations Division UiiiG;,, Oi iir, Chief of -clic December 7, 2012 ATE : • FILE : BJECT: Email from E. Casseus of Agenda Office Reference Ultra Festival EFERENCES: ENCLOSURES: COP Tickler # 10046 _ 1) DEC 14 2012 Ultra Musical Festival is a nationally recognized event that continues to grow in attendance every year. In 2007, the event broke the record for single ticket sales in Miami at 70,000. During last year's event promoters reported 165,000 participants and more is expected this year. According to our local media, early bird pre -sale tickets for Ultra Music Festival 2012 sold out within 20 minutes (seconds according to the Ultra Music Festival Facebook Page) amidst crashing servers. Shortly thereafter, pre -sale tickets increased in price. This event clearly benefits local businesses and supports our local economy, but it also creates inconveniences for local residents and employees in Downtown Miami. 1 have attended meetings with our Downtown Development Agency and the Downtown Miami Partnership groups, which represent the stakeholders in the community to discuss ways to provide better police services during the event. More importantly, I wanted to get their input to better formulate our response. The complaints revolve around the following topics: • Traffic flow into and out of Downtown Miami. • Property Crimes (Vandalism, theft and public intoxication) • Better allocation of officers through the outside area of the main venue, The stakeholders have grown to tolerate a one week event, but most are very skeptical about holding the event for two weeks. As a police department, we don't have the internal resources to properly staff this event. If the promoters are committed to absorb the cost of additional police services to ensure the safety of the participants and the community, we will plan accordingly. The closure of certain streets if properly planned can be manageable, but it will create minor delays of traffic outside the normal daily jams. If the plan is effective for a one week period like it was last year, it should be the same for the following week. In conclusion, as a department we are here to serve the community. We will develop traffic plans and security plans to include the inner and outer areas of the event. These plans will be developed to provide the adequate coverage necessary to ensure the welfare of the community and visitors alike. RB:JHG:lf Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk RAFT Traffic Impact Analysis for Temporary Roadway Closure For the Ultra Music Festival 2013 BISCAYNE BOULEVARD BETWEEN SE 2nd STREET AND NE 4th STREET Prepared for Event Entertainment Group, Inc. Prepared by Kimley-Horn and Associates, Inc. ❑ = r1 Kimley-Horn and Associates, Inc. December 2012 043532000 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk DRAFTI Traffic Impact Analysis for Temporary Roadway Closure for the Ultra Music Festival 2013 Biscayne Boulevard between SE 2nd Street and NE 4th Street Prepared for: Event Entertainment Group, Inc. Miami, Florida Prepared by: Kimley-Horn and Associates, Inc. Fort Lauderdale, Florida ©2012 Kimley-Horn and Associates, Inc. December 2012 043532000 Submitted into the public record in connection with items RE.Son 01-10-13 Dwight S. Danie City Clerk a2 \l\\wit 10///i// \O5 I .... yyi /" •. cn No. 62541 Witt ikt John J. McWilliams, P.E. Florida Registration Number 62541 Kimley-Horn and Associates, Inc. 5200 NW 33`d Avenue, Suite 109 Fort Lauderdale, FL 33309 CA # 00000696 TRAFFIC IMPACT ANALYSIS TABLE OF CONTENTS INTRODUCTION 1 TRAFFIC CONDITIONS 3 DATA COLLECTION 6 OPERATIONAL ANALYSIS 8 CONCLUSIONS 13 LIST OF FIGURES Figure 1: Site Location Map 2 Figure 2: Lane Configuration Diagram 4 Figure 3: Proposed Lane Configuration Diagram 5 Figure 4: Existing Traffic Volumes 7 Figure 5: Proposed Roadway Closure Traffic Volumes 10 LIST OF TABLES Table 1: Proposed Roadway Closure Traffic Conditions 12 APPENDIX A: Proposed Counter -Flow Plan APPENDIX B: Season Adjustment Factors /Traffic Count Data /Signal Timing Data APPENDIX C: Volume Development Worksheets/Intersection Capacity Analysis Worksheets Submitted into the public record in connection with items R•5, on 01-10-13 Dwight S. Danie City Clerk k:\ftl_tpto\043532000-ultra music festival 2013\report\analysis rev.docx Page - i December 2012 TRAFFIC IMPACT ANALYSIS C �VI Setliorn 1 and ASSOCeleS. INTRODUCTION Event Entertainment Group, Inc. is proposing to temporarily close the northbound segment of Biscayne Boulevard from SE 2 n d Street to NE 4th Street in Miami, Florida, as part of the Ultra Music Festival at Bayfront Park. The proposed detour plan will divert southbound Biscayne Boulevard traffic to NE/SE 2nd Avenue while shifting northbound Biscayne Boulevard traffic to the southbound lanes. Temporary intersection traffic control will be provided by off -duty police officers during the closure. It should be noticed that NE 4th Street between NE 2nd Avenue and Biscayne Boulevard will operate as a one-way two-lane westbound roadway in order to accommodate the southbound detour traffic. The temporary roadway closure will be in effect from 10:00 p.m. on Thursday to 5:00 a.m. on the following Monday on the weekends of March 14-18, 2013 and March 21-25, 2013. A site location map is included as Figure 1. Kimley-Horn and Associates, Inc. has completed a traffic impact analysis for submittal to the Florida Department of Transportation (FDOT). The purpose of the study is to determine if the proposed counter -flow plan provides adequate capacity to support existing traffic during peak hours. The detour plan utilizes roadways under Florida Department of Transportation (FDOT), Miami -Dade County, and the City of Miami jurisdiction. As part of the permitting for the proposed roadway closure, a traffic impact study is required to determine the impacts of the proposed detour. This report summarizes the data collection, traffic distribution, and capacity analyses. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk k:\ftl_tpto\043532000-ultra music festival 2013\report \analysis rev.docx Page - 1 December 2012 F i Southbound Roadway re -direction during the event © 2012 Kimley-Hom and Associates, Inc. American Airlines Arena to Port'of Miami •rthbound Roadway re -direction during the event Section closed N NOT TO SCALE Submitted into the public record in connection with items RE.S on 01-10-13 Dwight 5. Danie City Clerk Figure 1 Location Map City of Miami, Florida Page-2 TRAFFIC IMPACT ANALYSIS Krr ey-Hwn pm-1 and Asscaates. Inc. TRAFFIC CONDITIONS Existing Traffic Conditions The corridor of Biscayne Boulevard within the study area is an eight -lane divided north -south roadway with four (4) lanes in each direction from SE 2nd Street to NE 6th Street. Surface parking lots are provided in the median between SE 1st Street and NE 5th Street. The corridor operates as two (2) one-way pairs with linking east -west streets. The study intersections operate under signalized control, with the exception of the intersection of Biscayne Boulevard (NB) at NE 1st Street. Existing lane configuration and intersection traffic control are provided in Figure 2. Proposed Maintenance of Traffic A temporary northbound roadway closure is proposed along Biscayne Boulevard between SE 2nd Street and NE 4th Street from 10:00 p.m. on Thursday to 5:00 a.m. on the following Monday on the weekends of March 14-18, 2013 and March 21-25, 2013, for the Ultra Music Festival at Bayfront Park. The Festival organizer developed the detour plan with input provided by the Special Events Division of the Miami Police Department. Refer to appendix A for the detour plan. The event is proposing to temporarily close the northbound section of Biscayne Boulevard between SE 2nd Street and NE 4th Street. The detour plan proposed to reroute the Biscayne Boulevard southbound traffic to NE 4th Street, NE/SE 2nd Avenue, and SE 4th Street/Biscayne Boulevard Way while utilizing the southbound lanes of Biscayne Boulevard for northbound traffic from NE 4th Street to SE 2nd Street. It should be noticed that NE 4th Street between NE 2nd Avenue and Biscayne Boulevard will operate as a one-way two-lane westbound roadway in order to accommodate the southbound detour traffic. Miami Police Department will provide traffic control support throughout the duration of the closures. Proposed lane configuration and traffic control details are provided in Figure 3. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk k:\ftl_tpto\043532000-ultra music festival 2013\report\analysis rev.docx Page - 3 December 2012 N !Ito l t r 111 N E 4th Street NOT TO SCALE O 0 411 - 4111 0 41 13 1• 1 r } Free flow left -turns 0 NE 3rd Street Q 4ttt 111 ® NE 2nd Street o 1 tttt 1 4111©r NE 1st Street • «tt tt 4141# .r► 040 4114 0 111440 SE 2nd Street SE 3rd Street hh Flagler Street —' 'till SE 1st Street SE 4th Street E Kimley-Hom and Associates, Inc. © 2012 s titt Driveway `' O. .c O a- C Driveway a) •i_ .0 v, Chopin Plaza tit 0 u ai C c O u 0 Y '-4 _d p a! CJ • c � p RI U CI C LA O +, w W .CC 0 ai 4, Leaend Study Roadway Signalized Intersection UnSignalized Intersection r Free Flow Left -Turns Figure 2 Lane Configuration Diagram City of Miami, Florida ,} Page-4 N 111 NOT TO SCALE O 411 NE 4th Street 411 411 Q NE 1st Street ■ ■ f 1 1 1 NE 3rd Street , /4 11 NE 2nd Street fittt ail 1c .sy 111� — 1 Z'► 1 14 r } Free flow left -turns 4114 11144 SE 2nd Street SE 3rd Street Jot tt - SE 1st Street Driveway Driveway Flagler Street ' U .0 -Q m 0. c w0� ate+ U I-4 4o CD C C C C 0 0 'a Y • .0 w cC -a N -0 8 • v v hh Chopin Plaza hh ttt► NIS SE 4th Street J irY Kimley-Hom and Associates, Inc. ©2012 Legend O Study Roadway O Controlled Intersection Free Flow Intersection • Closed Intersection Free Flow Left -Turns Figure 3 Proposed Lane Configuration Diagram City of Miami, Florida / Page - 5 TRAFFIC IMPACT ANALYSIS Kir.'ey-Horn G —1 and Assntntes. Inc. DATA COLLECTION Existing Traffic Volumes Morning (7:00 A.M. to 9:00 A.M.) peak period and afternoon (4:00 P.M. to 6:00 P.M.) peak period turning movement counts were collected on November 30th, 2012 (Friday), at the following intersections: • SB Biscayne Boulevard at NE 4th Street • NB Biscayne Boulevard at NE 4th Street • SB Biscayne Boulevard at NE 3rd Street • NB Biscayne Boulevard at NE 3rd Street • SB Biscayne Boulevard at NE 2nd Street • NB Biscayne Boulevard at NE 2nd Street • SB Biscayne Boulevard at NE 1st Street • NB Biscayne Boulevard at NE 1st Street • SB Biscayne Boulevard at Flagler Street • NB Biscayne Boulevard at Flagler Street • SB Biscayne Boulevard at SE 1st Street • NB Biscayne Boulevard at SE 1st Street • SB Biscayne Boulevard at SE 2nd Street • NB Biscayne Boulevard at SE 2nd Street • NE 2nd Avenue at NE 4th Street • NE 2nd Avenue at NE 3rd Street • NE 2nd Avenue at NE 2nd Street • NE 2nd Avenue at NE 1st Street • NE/SE 2nd Avenue at Flagler Street • SE 2nd Avenue at SE 1st Street • SE 2nd Avenue at SE 2nd Street • SE 2nd Avenue at SE 3rd Street • SE 2nd Avenue at SE 4th Street/Biscayne Boulevard Way The volumes were collected in 15-minute intervals and the peak hour was determined for each period. The appropriate FDOT peak season conversion factors for the week when the traffic counts were collected are 1.04 and 1.05 and were applied to adjust the traffic counts to peak season volumes. The turning movement counts and FDOT peak season factor category report are included in Appendix B. Figure 4 presents the existing turning movement volumes at the study intersection during the A.M. and P.M. peak hours. k:\ftl_tpto\043532000-ultra music festival 2013\report\analysis rev.docx Page - 6 December 2012 NOT TO SCALE t'D v' n a O ° a n O. m• g O t0 ▪ a S c 3 v • f � n �1 N W z (200) 145 - (212) 137 11 a$: 414 (188) 140 (71) 38 I) II- 46 (50) NE 4th Street 41 im 152 (175) r 47 (106) NE 3rd Street (22) 21 Z c c > > Q R u m m NE 2nd Street 143 (264) r 92 (156) NE 1st Street (233) 183 - (153) 154 I" 105 (230) r 19 (33) Flagler Street 414 (71) 33 - (11) 23 SE 1st Street (463) 707 4.0 (187) 206 nil 7 N d ;62 r (498) 338 — (251) 100 • 2 - 17 (29) r 24 (130) - 75 (101) r 24 (49) (445) 253 J 96 (143) r 17 (56) 83 (132) r 70 (105) (119) (575) 314 1 (50) 46 Submitted into the public record in connection with items RE.S, on 01 10-13 Dwight S. Danie City Clerk TRAFFIC IMPACT ANALYSIS OPERATIONAL ANALYSIS KIT'ey -Ho n C and Associates, Inc Proposed Roadway Closure Traffic Volumes Traffic volumes for the proposed roadway closure along Biscayne Boulevard (NB) and NE/SE 2nd Avenue (SB) were developed utilizing the existing counts and the proposed traffic detour and turning restrictions. Traffic diversions and assignments were made based on the proposed roadway closure and traffic characteristics of the study area. Figure 5 presents the proposed roadway closure turning movement volumes at the study intersection during the A.M. and P.M. peak hours. Roadway Closure Analysis As indicated in Figure 3, traffic control at some intersections will be provided by the presence of an off -duty police officer. In locations along Biscayne Boulevard where traffic will be traveling in the opposite direction of typical conditions and at the intersection of NE 4th Street and NE 2nd Avenue, a police office will control traffic with hand signals within the intersection. The remaining signalized intersections are expected to operate under normal signalized control. Capacity analysis methods are not currently available to examine police officer control conditions. The approach of this study is to compare different scenarios that would approximately simulate the probable impact to capacity under police officer control conditions. The scenarios considered in this study are: • Scenario A: All -Way stop controlled • Scenario B: One -Way stop controlled • Scenario C: Pre -Timed signalized intersections with long cycle lengths A pre -timed signal traffic control would replicate the operations of a police officer at an intersection under congested conditions, as the demand would be most likely constant throughout the peak period. To most accurately simulate the expected conditions, it was assumed that a five-minute cycle length was appropriate to estimate the operations under police officer control conditions. The specific characteristics of this corridor allows for certain movements to operate under free flow conditions. The intersections of Biscayne Boulevard at SE 2nd Street and at NE 4th Street k:\ftl_tpto\043532000-ultra music festival 2013\report\analysis rev.docx Page - 8 December 2012 TRAFFIC IMPACT ANALYSIS K r'PyH- I\ and A. were analyzed as free flow, whereas the remainder of the study intersections (at SE 1st Street, Flagler Street, NE 1st Street, NE 2nd Street, and NE 3rd Street) were analyzed with different levels of traffic control. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk k:\ftl_tpto\043532000-ultra music festival 2013\report\analysis rev.docx Page - 9 December 2012 r NOT TO SCALE N 3 = 3. 7 `* r1 v ° CIco o = -o 2 tir F., C w s 41 S Fi' r 1,284 (1,125) 152 (175) r 47 (106) NE 4th Street NE 3rd Street • c N d Z < (200) 145 - (365) 291 (2,013) 1,206 J` L 30 N m Afm >'Z en> to mm m� NE 2nd Street 4. 143 (264) r 92 (156) NE 1st Street (445) 253 J ,s 47, im 105 (230) r 19 (33) 14 Flagler Street (188) 140 - (82) 61 (119) 46 SE 1st Street J (575) 314 (463) 707 m (438) 306 111 • (1,748) 1,054 hi it m 948 (1,487) A h d C C > Q TRAFFIC IMPACT ANALYSIS - nKIT aid Anxales, Inc. Intersection Capacity Analysis The traffic operating conditions at study intersections were analyzed using Trafficware's SYNCHRO 8.0 Software, which applies methodologies outlined in the Highway Capacity Manual, 2010 Edition. Synchro worksheets for the study intersections reflect HCM 2000 Edition results as timing phases do not adhere to National Electrical Manufacturers Association (NEMA) evaluation requirements and cannot be analyzed in HCM 2010. Synchro worksheets are included in Appendix C. A summary of the intersection analyses are presented in Table 1. As indicated in this table, the proposed counter -flow plan would provide adequate capacity with a traffic control plan that mirrors pre -timed signal operations at the intersections along Biscayne Boulevard and the intersection of NE 2nd Avenue and NE 4th Street while maintaining the current signal timings at the remainder intersections along NE/SE 2nd Avenue. Even though volumes along NE/SE 2nd Avenue will increase, acceptable Levels of Services (LOS) will be attained using the existing signal timings. All the study intersections under Scenario C are expected to operate at an acceptable level of service (LOS E or better) during both the A.M. peak hour and the P.M. peak hour. As indicated before, a five-minute cycle was used to estimate the operations under police officer control conditions. In addition, it was noted that when treating the intersections as stop control, the overall LOS for intersections where conflicting left -turns are provided does not meet acceptable LOS. This occurrence is observed due to high delays on left -turn movements. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk k:\ftl_tpto\043532000-ultra music festival 2013\report\analysis rev.docx Page - 11 December 2012 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie TRAFFIC IMPACT ANALYSIS pr-Krr ey+ on a iAarIr Table 1: Proposed Roadway Closure Traffic Conditions A.M. Peak Hour (P.M. Peak Hour) IntersectionTraffic Existing Conditions Scenario A Scenario = Scenario C _______________________________________________________________________________ Control Overall LOS (1)Control NE 2nd Ave at NE 4th St Signalized g A A ( ) Stop All-WayF(F) One-WayStop F F ( ) Pre -Timed E E ( ) NE 2nd Ave at NE 3rd St Signalized B(B) Signalized A(B) Signalized A(B) Signalized A(B) NE 2nd Ave at NE 2nd St Signalized g B B ( ) Signalized g B B ( ) Signalized g B B ( ) Signalized g B B ( ) NE 2nd Ave at NE 1st St Signalized B(C) Signalized A(B) Signalized A(B) Signalized A(B) E 2nd Ave at Flagler St Signalized C(C) Signalized C(C) Signalized C(C) Signalized C(C) SE 2nd Ave at5ElstSt Signalized B(B) Signalized C(B) Signalized C(B) Signalized C(B) SE 2nd Ave atSE2nd St Signalized g A B ( ) Signalized g B B ( ) Signalized g B B ( ) Signalized g B B) SE 2nd Ave at SE 3rd St Signalized B(C) Signalized C(B) Signalized C(B) Signalized C(B) SE 2nd Ave at SE 4th St Signalized B(B) Signalized B(C) Signalized B(B) Signalized B(C) Biscayne Blvd (SB) at NE 4th St Signalized A(B) Free Flow (2) Free Flow (2) Free Flow (2) Biscayne Blvd (NB) at NE 4th St Signalized A(B) Free Flow (2) Free Flow (2) Free Flow (2) Biscayne Blvd (SB) at NE 3rd St Signalized A(A) All -Way Stop A(A) One -Way Stop A(A) Pre -Timed A(A) Biscayne Blvd (NB) at NE 3rd St Signalized A(A) Closed - Closed - Closed - Biscayne Blvd (58) at NE 2nd St Signalized g B B ( ) p All-WaySto B D ( ) y Stop One -Way B C () Pre -Timed C C) Biscayne Blvd (NB) at NE 2nd St Signalized A(A) Closed - Closed - Closed - Biscayne Blvd (SB) at NE 1st St Signalized A(A) All -Way Stop A(A) One -Way Stop A(A) Pre -Timed A(A) Biscayne Blvd (NB) at NE 1st St Unsignalized 2) Closed - Closed - Closed Biscayne Blvd (SB) at Flagler St Signalized B(C) All -Way Stop B(D) One -Way Stop C(F) Pre -Timed B(C) Biscayne Blvd (NB) otFlagler5t Signalized A(B) Closed - Closed - Closed - Biscayne Blvd (58) at SE 1st St Signalized B(B) All -Way Stop B(C) One -Way Stop B(D) Pre -Timed D(D) Biscayne Blvd (NB) at SE 1st St Signalized A(A) Free Flow (2) Free Flow (2) Free Flow (2) Biscayne Blvd (SB) at SE 2nd St Signalized B(B) Free Flow (2) Free Flow (2) Free Flow (2) Biscayne Blvd (NB) at Chopin Plaza Signalized A(A) Free Flow (2) Free Flow (2) Free Flow (2) Notes: (1) Overall intersection LOS is not defined at one-way or two-way stop -controlled intersections. Worst approach LOS shown. (2) LOS not defined. Approach operates under free -flow conditions. k:\ftl_tpto\043532000-ultra musk festival 2013\report\analysis rev.docx Page - 12 December 2012 Submitted into the public record in connection with items RE.S, on 01-10-13 Dwight S. Danie City Clerk TRAFFIC IMPACT ANALYSIS CONCLUSIONS lib.Kw, l aid AmvaOes. Inc. A temporary roadway closure is proposed along Biscayne Boulevard between SE 2nd Street and NE 4th Street from 10:00 p.m. on Thursday to 5:00 a.m. on the following Monday on the weekends of March 14-18, 2013 and March 21-25, 2013, for the Ultra Music Festival at Bayfront Park in Miami, Florida. The detour plan proposed to reroute the Biscayne Boulevard southbound traffic to NE 2nd Avenue via NE 4th Street while utilizing the southbound lanes of Biscayne Boulevard for northbound traffic from NE 4th Street to SE 2nd Street. Miami Police Department is proposed to provide traffic control support throughout the duration of the closure as needed. An analysis was completed to determine if the proposed counter -flow plan provides adequate capacity to support existing traffic during peak hours. Traffic volumes for the proposed roadway closure along Biscayne Boulevard (NB) and NE/SE 2nd Avenue (SB) were developed utilizing the existing counts at the study intersections and the proposed traffic detour plan. Based on the results, the proposed counter -flow plan would provide adequate capacity when the traffic control mirrors a pre -timed signal operation in locations along Biscayne Boulevard and the intersection of NE 2nd Avenue and NE 4th Street while maintaining the current signal timings at the remainder intersections along NE/SE 2nd Avenue. Even though volumes along NE/SE 2nd Avenue will increase, acceptable Levels of Services (LOS) will be attained using the existing signal timings. All the study intersections are expected to operate at an acceptable level of service (LOS E or better) during both the A.M. peak hour and the P.M. peak hour under pre -timed signalized conditions. A five-minute cycle was determined appropriate to estimate the operations under police officer control conditions. k:\ftl_tpto\043532000-ultra music festival 2013\report \analysis rev.docx Page - 13 December 2012 weg The Washington Economics Group, Inc. THE COMPREHENSIVE ECONOMIC IMPACTS OF THE ULTRA MUSIC FESTIVAL ON THE MIAMI-DADE COUNTY ECONOMY Submitted to: Ultra Music Festival April 30, 2012 2655 LeJeune Road, Suite 608 Coral Gables, Florida 33134 Tel: 305.461.3811 - Fax: 305.461.3822 info@weg.com www.weg.com Submitted into the public record in connection with items RE.s on 01-10-13 Dwight S. Danie City Clerk 4 TABLE OF CONTENTS I. EXECUTIVE SUMMARY 1 II. BACKGROUND: THE ULTRA MUSIC FESTIVAL 3 A. The Presence of the Ultra Music Festival Provides Externality Benefits that go Beyond the Quantification of Economic Impacts 4 B. Ultra Music Festival Data and Methodology 6 III. THE RECURRING, ANNUAL QUANTIFIABLE ECONOMIC IMPACTS OF THE ULTRA MUSIC FESTIVAL ON MIAMI-DADE COUNTY 9 A. Employment Impacts: The Operations and Visitor Expenditures Associated with Ultra Music Festival Support 915 Jobs in Miami -Dade County 10 B. The Operations and Visitor Expenditures Associated with the Ultra Music Festival Generate Important Contributions to Labor Income in Miami - Dade County. 11 C. The Operations and Visitor Expenditures Associated with the Ultra Music Festival Generate Important Contributions to Gross Domestic Product (GDP). 12 D. The Total Economic Impact of the Ultra Music Festival is a Significant $79 Million Annually. 13 E, The Operations and Visitor Expenditures Associated with the Ultra Music Festival Generate Important Contributions to Public Revenues Each Year. 15 APPENDIX I: METHODOLOGY 16 APPENDIX II: ECONOMIC GLOSSARY. 19 APPENDIX III: DETAILED IMPACT TABLES 21 APPENDIX IV: THE WASHINGTON ECONOMICS GROUP, INC. PROJECT TEAM AND QUALIFICATIONS 27 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk LIST OF TABLES AND FIGURES Tables Table ES-1. Summary of the Annually Recurring Economic Impacts Generated by the Ultra Music Festival 1 Table 1. Average Out -of -Town Visitor Expenditures. 8 Table 2. Summary of the Annually Recurring Economic Impacts Generated by the Ultra Music Festival 9 Table 3. Permanent Jobs Supported by the Ultra Music Festival 10 Table 4. Labor Income Generated by the Ultra Music Festival. 11 Table 5. Gross Domestic Product (Value Added) Generated by the Ultra Music Festival 13 Table 6. Total Annual Economic Impacts Generated by the Ultra Music Festival 14 Table 7. Fiscal Contributions Generated by the Ultra Music Festival Each Year 15 Figures Figure 1. Jobs Supported by the Ultra Music Festival 10 Figure 2. Labor Income Generated by the Ultra Music Festival 12 Figure 3. Gross Domestic Product (Value Added Generated by the Ultra Music Festival. 13 Figure 4. Total Annual Economic Impacts Generated by the Ultra Music Festival. 14 ii Submitted into the public record in connection with items RE.5, on 01-10-13 Dwight S. Danie City Clerk I. EXECUTIVE SUMMARY ❑ The Ultra Music Festival is a top asset of the Entertainment and Visitor Industry in Miami -Dade County. The Festival generates significant and quantifiable economic impacts for the local economy in the form of the generation of employment (jobs), Labor Income, fiscal revenues and overall economic impact. ❑ The Washington Economics Group, Inc. (WEG) has been retained to prepare an independent Study quantifying the economic impacts generated by the Ultra Music Festival which, for the purposes of this analysis, are derived from the operational expenditures incurred by the event organizers and out-of-town visitor expenditures associated with the Festival in 2011. ❑ The quantifiable economic impacts of the Ultra Music Festival on Miami -Dade County include the support of hundreds of jobs and significant contributions to Labor Income, Gross Domestic Product (GDP) and fiscal revenues. This Study estimates that the Ultra Music Festival supports 915 jobs annually in Miami -Dade County with an economic impact of $79 million each year. These positive impacts for Miami - Dade County are presented in Table ES-1 below. Table ES-1. Summary of the Annual Recurring Economic Impacts Generated by the Ultra Music Festival Impact on: Direct Indirect & Total Induced Impact Employment (Jobs) Labor Income ($ Million) Gross Domestic Product (Value Added $ Million) Federal, State & Local Tax Revenues ($ Million) Total Economic Impact ($ Million) Source: The Washington Economics Group, Inc. 596 319 915 $19 $14 $32 $25 $25 $50 $12 $40 $39 $79 ❑ As shown in Table ES-1 above, the Ultra Music Festival is also responsible for generating $32 million in Labor Income and $50 million in GDP contributions each year in Miami -Dade County. ❑ These important economic impacts, due to the annually recurring presence of the Ultra Music Festival in Miami -Dade County, were estimated using the professionally accepted and widely used IMPLAN methodology. A detailed explanation of the estimates as well as an explanation of the methodology used can be found in Section III and Appendix II of this Study. ❑ Additionally, the Ultra Music Festival generates externality benefits that include the improvement of Miami -Dade County's reputation as a global destination while also The Washington Economics Group, Inc. I Page I Submitted into the public record in connection with items RE.5, on 01-10-13 Dwight 5. Danie City Clerk improving the quality of life for Miami -Dade County's residents by adding to the region's cultural, arts and social amenities. ❑ Events like the Ultra Music Festival bring large numbers of visitors to South Florida from around the world and showcase the community. Further, the yearly Festival supports the economic development strategy of Miami -Dade County and the State of Florida by strengthening the targeted Entertainment and Visitor Industry and the entertainment sectors that enhance and solidify Miami -Dade County's comparative advantage within these important industries. ❑ The Ultra Music Festival's yearly presence is a positive force and a key addition as it builds on Miami -Dade County's global brand as a top entertainment and leisure destination for both domestic and international visitors. As such, the overall economic development value of the Ultra Music Festival goes beyond the quantification of its important economic impacts. The overall value of the Festival as an important Entertainment and Visitor asset and draw for Miami -Dade County is the sum of both the externality benefits to the County and the quantification of economic impacts as previously presented. This is illustrated in the Matrix below. 1 Economic Development Impacts of the Ultra Music Festival: An Entertainment and Visitor Asset of Miami -Dade County Ultra Music Festival Operations & Visitors Quantifiable Direct, Indirect and Induced Economic Impacts Job Impacts Labor Income Impacts Fiscal Revenue Impacts Positive Externality Effects Improved Entertainment and Visitor Amenities Enhanced Reputation for Industry and Entertainment Cohesion Improved Standard of Living Total Economic Development Impacts Quantifiable Direct, Indirect and Induced Economic Impacts Positive Externalities The Washington Economics Group, Inc. Page 2 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk II. BACKGROUND: THE ULTRA MUSIC FESTIVAL The Ultra Music Festival is a significant generator of economic activity and an important asset to the Entertainment and Visitor Industry cluster in Miami -Dade County. The Ultra Music Festival is an electronic music festival that has been housed in various outdoor locations throughout Miami -Dade County over the past 13 years. Currently, the Festival takes place over a 3-day weekend period in the month of March, and it brings renowned world -class artists and music performers that attract thousands of visitors to Miami -Dade County. In addition to attracting tens of thousands of visitors from around the world, the Ultra Music Festival promotes the image of Miami —Dade around the globe as a world -class destination, thereby making the Festival an important catalyst of economic activity in the Entertainment and Visitor Industry cluster within the County. Electronic music is one of the most popular and fastest growing music genres in the world, and the Ultra Music Festival is recognized as one of the premier festivals of its kind. The Ultra Music Festival showcases some of the most popular performers in the genre of electronic music. Such an important festival attracts thousands of visitors to Miami -Dade County. In fact, it is estimated that more than 165,000 individuals attend the Festival throughout the 3-day weekend, and close to 60 percent of them are from outside of Miami -Dade County. Miami -Dade County has identified the Entertainment and Visitor Industry cluster as one of the targeted industries for the economic development of the County. The Ultra Music Festival generates significant economic activity in both of these industry sectors The Washington Economics Group, Inc. Page 3 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk through its operations and the expenditures by the out-of-town visitors that the Festival attracts. The Ultra Music Festival generates an economic impact that translates into the creation and support of hundreds of jobs, the generation of millions of dollars in Labor Income and contributions to GDP, as well as additional fiscal revenues for federal, state and local governments. The Ultra Music Festival has grown to become a key economic development asset of Miami -Dade County and in South Florida's growing Entertainment and Visitor cluster. The Festival is an unparalleled music event combining a major world -class electronic music festival with musical headliners from around the globe. The Ultra Music Festival is an entertainment asset not only to the residents of Miami -Dade County, but to the national and international visitors who frequent the region. A. The Presence of the Ultra Music Festival Provides Externality Benefits that go Beyond the Quantification of Economic Impacts The quantitative analysis that follows in Section III estimates the economic impacts of the Ultra Music Festival as a result of the Festival's operations, activities and out-of-town visitor expenditures. The benefits of having a unique, world -class attraction such as the Ultra Music Festival in Miami -Dade County also yield unquantifiable, but important, economic development benefits described by economists as externality benefits. These significant, intangible benefits not only accrue to the County, but to the entire region as well, and assist in the promotion and reputation of Miami -Dade as a global destination that possesses a vibrant and inviting visitor industry. An important externality benefit generated by the Ultra Music Festival on Miami -Dade County is its enhancement of the Entertainment and Visitor Industry cluster by improving the reputation of Miami -Dade County as a top visitor destination and by adding another entertainment amenity that attracts many visitors to the County. The Ultra Music Festival's yearly presence is a powerful magnet that brings visitors and music talent from across the globe not only to Miami -Dade, but to the entire South Florida region. The economic impact created by the Ultra Music Festival and the entertainment event that it represents increases the quality of life for Miami -Dade County residents. The positive economic impacts generate jobs and increased incomes for Miami -Dade residents while the presence of the Ultra Music Festival also signifies an additional entertainment option for residents of Miami -Dade as well as for visitors to the area. The Washington Economics Group, Inc. I Page 4 Submitted into the public record in connection with items RE.5 on 0101 Dwight S. Danie City Clerk In summary, the Ultra Music Festival generates benefits to Miami -Dade County that extend beyond the positive quantifiable impacts estimated in this analysis. The positive impacts generated by the Ultra Music Festival also include externality benefits that promote Miami - Dade as a top visitor destination and enhance the quality of Life for the County's residents while also improving the business climate of the County. The matrix below illustrates the externality benefits of having such an important entertainment attraction in Miami -Dade County on a yearly basis, indicating the positive economic development and social impacts generated by the Ultra Music Festival. Job Impacts Economic Development Impacts of the Ultra Music Festival: An Entertainment and Visitor Asset of Miami -Dade County Ultra Music Festival Operations & Visitors Quantifiable Direct, Indirect and Induced Economic Impacts Labor Fiscal Income Revenue Impacts Impacts Positive Extemality Effects 1 1 - Enhanced Improved Reputation for Entertainment Industry and and Visitor Entertainment Amenities Cohesion Improved Standard of Living Total Economic Development Impacts Quantifiable Direct, Indirect and Induced Economic Impacts Positive Externalities The Festival serves as an amenity that contributes to Miami -Dade as a strong and growing Entertainment and Visitor destination. These so-called "externality benefits" that the Ultra Music Festival generates for the County and also for the regional economy are in addition to the important economic impacts that are quantified and discussed in Section III of this Study. The Washington Economics Group, Inc. Page 5 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk B. Ultra Music Festival Visitor Data and Methodology The Ultra Music Festival generates both tangible and intangible economic benefits for Miami -Dade County. The following two main factors contribute to the Festival's comprehensive and quantifiable economic impact in Miami -Dade: • Increases in revenues for hotels, restaurants, retail and entertainment establishments, which in part translate into... • The generation and support of thousands of jobs and millions in Labor Income and GDP contributions in Miami -Dade County as well as additional fiscal revenues for federal, state and local governments. The impacts contained in this analysis were estimated based on data from the 2011 Ultra Music Festival and by utilizing the input-output methodology IMPLAN, a professionally accepted and widely -used methodology which determines the economic impacts of specific activities. The employment (jobs), Labor Income, fiscal revenues and economic impacts that are generated by the Ultra Music Festival result in quantifiable benefits to Miami -Dade County. Methodology Economic models that explicitly account for inter -industry linkages (supply relationships), the generation of labor and capital income and the spending of household income have been used since the 1960's to estimate the contribution that a particular business or industry makes to the general economy. These "input-output" models recognize that, as an industry experiences an increase in the demand for its products or services, it in turn needs more goods and services from its suppliers and must increase its purchases from other industries in the economy. The effect on regional production resulting from successive rounds of inter- industry linkages is referred to as the indirect effect. The resulting increases in regional production also lead to expansions in employment and labor income, and the increases in labor income lead to increases in consumer spending, further expanding sales and production throughout the regional economy. The latter economic impacts are referred to as the induced effects. The successive waves of production, spending and more production result in economic multiplier effects, where the final or total increase in regional production, income and employment, respectively, is larger than the initial (or "direct") increase in production, income and employment. The total quantitative economic contribution of these activities, therefore, is comprised of a direct effect, an indirect effect and an induced effect. The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 6 In addition to these quantifiable benefits, the operations of the Ultra Music Festival and out- of-town visitor expenditures provide important external benefits to the County and region as well. Among these are the enhancement of the County's Entertainment and Visitor Industry clusters, and the promotion and advertisement of Miami -Dade as a world -class destination for both domestic and international visitors, which also supports and adds to the region's tourism, hospitality and entertainment opportunities. The operations of the Ultra Music Festival, along with the associated out-of-town visitor expenditures, generate economic impacts that extend beyond those directly related to the operations of the Festival. These "spillover" or multiplier impacts are the result of each business activity's supply relationships with other firms operating within the community, the proportion of income that accrues to households in the form of labor and capital income, and the propensity of these households to spend the income earned on goods within Miami -Dade County. For the purposes of this analysis, WEG has identified the two main activities that generate the economic impact attributable to the Ultra Music Festival: • The first activity includes the operational expenditures incurred by event organizers, artists and the performers associated with the Festival. These expenditures amount to a total of $11.5 million'. • The second activity includes the expenditures made by out-of-town visitors that attend the Festival. The impact associated with these expenditures is attributed to the Ultra Music Festival because the event is the reason that these individuals come to Miami - Dade County for the duration of the Festival. These out-of-town visitors, of either domestic or foreign -origin, make other significant tourist -related expenditures during their stay in South Florida. The Greater Miami Convention & Visitors Bureau (GMCVB) conducts periodic surveys of visitors to the community, collecting a wide range of information about these visitors and about their stay in the area. WEG utilized the Bureau's data as part of this analysis to calculate the total economic impact of the Ultra Music Festival on Miami -Dade County. Based on data provided by the Festival organizers, WEG has estimated the daily attendance to be 55,000 individuals and as previously mentioned, 60 percent (33,000) are out-of-town visitors. To calculate total expenditures, WEG multiplied the number of out-of-town visitors by the average daily expenditure for each category provided by the GMCVB. These categories of visitor expenditures are expenses associated with Lodging, Meals, ' Data provided to WEG by the Ultra Music Festival organizers. The Washington Economics Group, Inc. Page 7 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight 5. Danie City Clerk Transportation, Entertainment and Shopping, for example. Table 1 below summarizes the out-of-town visitor expenditures attributable to the Ultra Music Festival. Table 1. Average Out -of -Town Visitor Expenditures Category Daily Average Multiplied by Expenditures 33,000 Visitors Lodging Meals Transportation Entertainment Shopping $78.0 $2,574,176 $53.2 $1,756,548 $16.6 $546,782 $31.9 $1,052,138 $84.9 $2,801,489 Source: The Greater Miami Convention & Visitors Bureau and The Washington Economics Group, Inc. The Washington Economics Group, Inc. Page 8 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight 5. Danie City Clerk III. THE RECURRING, ANNUAL QUANTIFIABLE ECONOMIC IMPACTS OF THE ULTRA MUSIC FESTIVAL ON MIAMI-DADE COUNTY Utilizing the direct economic impacts discussed in Section II of this Study (operational expenditures and out-of-town visitor expenditures), the indirect and induced economic impacts of Ultra Music Festival were calculated using the extended input-output model of the Miami -Dade County economy. These comprehensive direct, indirect and induced economic impacts are summarized in Table 2 below. The Ultra Music Festival generates a significant economic impact in Miami -Dade County. The Festival is responsible for supporting 915 jobs, generating more than $32 million in Labor Income, $12 million in federal, state and local fiscal revenues and close to $50 million in contributions to Gross Domestic Product (GDP) for a total economic impact of $79 million each year. Furthermore, the overall economic impact of the Ultra Music Festival is comprised of direct impacts, which generate 596 jobs, close to $19 million in Labor Income and almost $25 million in contributions to GDP and a total direct economic impact of $40 million. Indirect and induced effects generate 319 jobs, more than $14 million in Labor Income and $25 million in contributions to GDP for a total indirect economic impact of $39 million every year. Table 2. Summary of the Annually Recurring Economic Impacts Generated by the Ultra Music Festival Impact on: Employment (Jobs) Labor Income ($ Million) Gross State Product (Value Added $ Million) Federal, State & Local Tax Revenues ($ Million) Total Economic Impact ($ Million) Direct Indirect & Total Induced Impact 596 319 915 $19 $14 $32 $25 $25 $50 $12 $40 $39 $79 Source: The Washington Economics Group, Inc. The analysis that follows presents the detailed quantifiable economic impacts of the Ultra Music Festival, as summarized in Table 2 above, in terms of employment, Labor Income, contributions to GDP, fiscal revenues and total economic impact generated in Miami -Dade County. The Washington Economics Group, Inc. 1 Page 9 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk A. Employment Impacts: The Operations and Visitor Expenditures Associated with Ultra Music Festival Support 915 Jobs in Miami -Dade County One of the key components of the overall economic impact of the Ultra Music Festival is the employment that the Festival supports. The Ultra Music Festival creates and supports 915 employment positions (jobs) in Miami -Dade County. Direct effects account for the creation of 596 jobs while indirect and induced effects are responsible for supporting 319 jobs (Table 2, page 9). Table 3 below shows the breakdown of the jobs created in each industry. Table 3. Permanent Jobs Supported by the Ultra Music Festival Industry Knowledge -Based Services Visitor Industry Retail Trade Wholesale Trade and Transportation Services Government and Other Construction and Manufacturing Jobs Supported of Total 537 59 225 25 112 12 21 2 13 1 8 1 Total: 915 100 Source: The Washington Economics Group, Inc. See Table A -I in Appendix II. Note: Total may not equal the sum of all because of rounding. lobsSupported by the Ultra Musk Festival U Knowledge -Based Services • Visitor Industry U Retail Trade • Wholesale Trade & Transportation Services Goremment & Other o Construction and Manufacturing Figure 1 Source: The Washington Economics Group, Inc. Figure 1 above presents the percentage distribution of the jobs generated and supported by the Ultra Music Festival in each industry category. However, the majority of these jobs are concentrated in the Knowledge -Based Services and Visitor Industry sectors, with 59 percent The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 10 (537) of the total number of jobs generated in the Knowledge -Based Services sector, and 25 percent (225) generated in the Visitor Industry. This demonstrates the importance of the Ultra Music Festival to Miami -Dade County as most of the jobs are generated in industries that have been targeted as key for the economic development growth of the County by The Beacon Council, Miami-Dade's economic development organization. A smaller, but significant, number of jobs are also created in the Retail Trade, Wholesale Trade and Transportation Services, Government, Construction and Manufacturing sectors. B. The Operations and Visitor Expenditures Associated with the Ultra Music Festival Generate Important Contributions to Labor Income in Miami -Dade County Labor Income is defined as employment and proprietor income. Employment income is the total amount of compensation provided to workers (wages and benefits) while proprietor income is the income accrued by the owners of local firms and businesses. As quantified in Table 4 below, the jobs created and supported by the Ultra Music Festival generate more than $32 million in Labor Income each year. Direct impacts account for close to $19 million, or 55 percent of the total while indirect and induced impacts are responsible for the remaining 45 percent ($14 million). (See Table 2, page 9.) Table 4. Labor Income Generated by the Ultra Music Festival ($ in Thousands) Industry Total Impact % of Total Knowledge -Based Services Visitor Industry Retail Trade Government & Other Wholesale Trade & Transportation Services Construction Manufacturing $19,341 60 6,654 20 3,568 11 1,260 4 1,131 3 217 1 198 1 Total: S32,370 100 Source: The Washington Economics Group, Inc. See Table A-2 in Appendix II. Note: Total may not equal the sum of all because of rounding. Figure 2 on the next page demonstrates that the Labor Income generated is concentrated in two -targeted industry sectors. The Knowledge -Based Services sector significantly captures more than $19 million, or 60 percent of the total Labor Income generated, while the Visitor Industry captures close to $7 million, or 20 percent, of the Labor Income generated. The Retail Trade, Government & Other, Wholesale Trade & Transportation Services, Construction and Manufacturing sectors also benefit from the Festival's activities and its visitors. The Washington Economics Group, Inc. Page 11 Submitted into the public record in connection with items RE.s on 01-10-13 Dwight S. Danie City Clerk Labor Income Generated by Ultra Music Festival O Knowledge -Based services IN Visitor Industry V Retail Trade U Govemment & Other U Wholesale Trade & Transportation Services u Construction u Manufaduring Figure 2 Source: The Washington Economics Group, Inc. C. The Operations and Visitor Expenditures Associated with the Ultra Music Festival Generate Important Contributions to Gross Domestic Product (GDP) The economic impact generated by the Ultra Music Festival includes the creation of value added, or contributions to GDP. Gross Domestic Product, often referred to as value added by economists, arising from the Festival is another measure of the economic development benefits for Miami -Dade County that result from the Festival. Value added is the total amount of GDP generated because of the Ultra Music Festival's operations and associated visitor expenditures. GDP is the portion of business revenues that is available to pay compensation to workers, capital income and indirect business taxes2. The activities of the Ultra Music Festival generate close to $50 million in contributions to GDP each year. Direct impacts are responsible for the generation of $25 million, while indirect and induced impacts generate the remaining $25 million. (See Table 2, page 9.) Table 5 and Figure 3 on the following page highlight the value-added impacts created by the operations and visitor expenditures associated with the Ultra Music Festival. The contributions to GDP generated by the Ultra Music Festival are concentrated in a few key industry sectors. More than $29 million in contributions to GDP or 59 percent of the total are generated in the Knowledge -Based Services sector. Slightly above $11 million, or 22 percent, are generated in the Visitor Industry and $5 million is generated in the Retail Trade sector. Smaller but significant contributions to GDP are generated in the Government & Other, Wholesale Trade & Transportation Services, Manufacturing and Construction sectors. 2 Value added also includes compensation to government workers. The Washington Economics Group, Inc. Page 12 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Table 5. Gross Domestic Product (Value Added) Generated by the Ultra Music Festival ($ in Thousands) Industry Total Impact % of Total Knowledge -Based Services Visitor Industry Retail Trade Government & Other Wholesale Trade & Transportation Services Manufacturing and Construction S29,212 59 11,057 22 5,011 10 1,845 4 1,790 4 655 1 Total: $49,570 100 Source: The Washington Economics Group, Inc. See Table A-3 in Appendix II. Gross Domestic Product (Value Added) Generated by the Ultra Music Festival o Knowledge -Based Services ■ Visitor Industry V Retail Trade U Government & Other u Wholesale Trade& Transportation Services o Manufacturing and Construction A. t Figure 3 Source. The Washington Economics Group, Inc. D. The Total Economic Impact of the Ultra Music Festival is a Significant $79 Million Annually The total economic impact of the Ultra Music Festival amounts $79 million annually. Through the Festival's activities, operations and out-of-town visitor expenditures, the Ultra Music Festival is responsible for generating transactions among businesses in targeted industries and also among consumers in Miami -Dade County that are valued at millions of dollars in overall contributions. Of this total, $40 million or 51 percent is generated by direct impacts, while an additional $39 million or 49 percent is generated through indirect and induced impacts. (See Table 2, page 9.) Table 6 on the following page highlights the annual total economic impact of the Ultra Music Festival. The Washington Economics Group, Inc. 1 Page 13 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight 5. Danie City Clerk Table 6. Total Annual Economic Impacts Generated by the Ultra Music Festival ($ in Thousands) Industry Total Impact % of Total Knowledge -Based Services Visitor Industry Retail Trade Government & Other Wholesale Trade & Transportation Services Manufacturing Construction $45,368 57 19,026 24 7,124 9 3,015 4 2,556 3 1,344 2 527 1 Total: $78,960 100 Source: The Washington Economics Group, Inc. See Table A-4 in Appendix II. As is the case with the employment, Labor Income and Value -Added created, the greater part of the economic impact generated by the Ultra Music Festival in Miami -Dade County is concentrated in the Knowledge -Based Services and Visitor Industry sectors. The Knowledge - Based Services sector captures more than $45 million, or 57 percent, of the total economic impact. The Visitor Industry captures over $19 million, or 24 percent of the total. The remaining impact is distributed over the Retail Trade, Government & Other, Wholesale Trade & Transportation Services, Construction and Manufacturing industry sectors, which receive smaller, but still significant impacts from the Festival. Figure 4 below presents the percentage distribution in each industry category. Total Annual Economic Impacts Generated by the Ultra Music Festival 4% 24 3% 2% 1% SI Knowledge -Based Services is Visitor Industry Y Retail Trade is Government & Other Y Wholesale Trade & 57% Transportation Services Y Manufacturing Y Construction Figure 4 Source: The Washington Economics Group, Inc. The Washington Economics Group, Inc. Page 14 Submitted into the public record in connection with items RE.S on 01-10-13 Dwight S. Danie City Clerk E. The Operations and Visitor Expenditures Associated with the Ultra Music Festival Generate Important Contributions to Public Revenues Each Year In addition to the various economic impacts presented, the yearly presence of the Ultra Music Festival in Miami -Dade County generates important fiscal revenues (the taxes and fees collected by governments) for federal, state and local governments. The addition of jobs, Labor Income and contributions to GDP in Miami -Dade County generates fiscal revenues in the form of labor, capital, household, corporate and indirect business taxes. The economic impacts generated by the Ultra Music Festival translate into a significant contribution of close to $12 million in additional fiscal revenues each year as shown in Table 7. Of this total, the federal government collects over $7 million while state and local government entities collect more than $4 million. Table 7. Fiscal Contributions Generated by the Ultra Music Festival Each Year ($ Thousands) Taxes Paid By Federal State/Local Total Taxes Taxes Taxes Labor Capital Indirect Business Taxes Households Corporations $3,330 $26 $3,356 $181 $0 $181 $777 $4,167 $4,944 $2, 1 20 $134 $2,254 $865 $52 $917 Total: $7,273 $4,379 $11,652 Source: The Washington Economics Group, Inc. See Table A-5 in Appendix II. The Washington Economics Group, Inc. 1 Page 15 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk APPENDIX I: METHODOLOGY The Washington Economics Group. Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 16 IMPLAN MODEL Economic models that explicitly account for inter -industry linkages (supply relationships); the generation of labor and capital income and the spending of household income have been used since the 1960's to estimate the contribution that a particular business or industry makes to the general economy. The multiplier impacts calculated by the IMPLAN model are based on input-output methodology, which explicitly considers the inter -industry linkages that exist within an economy. Each industry needs labor and inputs from other industries in order to produce economic output. Whenever an industry experiences an increase in the demand for its output, many other industries within that economy indirectly experience an increase in demand as well because of these inter -industry linkages. This increase in demand that results from the need for material inputs is called the indirect effects. In addition, an increase in production within a region also leads to an increase in household income through the hiring of workers, which in turn generates further demands for goods and services within the region. Firms also need to expand their base of physical capital to meet higher levels of demand, and this too stimulates regional economic growth. The latter effects are referred to as induced effects. The inter -industry linkages and the induced effects on consumer and capital spending lead to successive rounds of production, and this process results in an increase in output that exceeds the initial change in demand, or a multiplier effect. Similarly, the increase in household income will exceed the initial payroll increase encountered in the industry that experienced the original increase in demand. The total change in employment in the regional economy is a multiple of the direct change in employment. The total quantitative economic contribution of these activities, therefore, is comprised of a direct effect, and indirect effect and an induced effect. The following represents the system of equations that comprise the regional economy in an extended input-output model like IMPLAN: xl = all xl + 4212 x2 + a13 x3 + ... + alkxk + alhxh + + + fl X2 = a21 xl + a22 x2 + a23 x3 + ••• + a2kxk a2hxh + a21xi + f2 X3 = a31x1 + a32x2 + a33x3 + ••• + a3kXk + a3hxh + a3ixi + f3 Xk = aklxl + ak2x2 + ak3x3 + ... + akkxk + akhxh + akixi + fk Xh = ahlxl + ah2x2 + ah3xh + ... + ahk xk + ahh xh + ahi xi + fh Xi = ailxl + ai2x2 + ai3xh + ... + atk xk + aihxh + aii.xi + fi The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 17 The variables xi to xk represent total production of output in each industry. The coefficients au represent the purchases from industry "i" that are needed to produce a dollar of output in industry "j". These are known as the direct requirement coefficients. The variable xh refers to household income and the coefficients a;h refer to the average amount of household income spent on purchases from industry "i", or the average propensities to consume. The coefficients ah; are similar to the inter -industry purchases (ai's), but they represent the household income that is generated from each dollar of output produced in industry "i". Similarly the variable xi represents regional spending on capital goods, and the coefficients represents the spending on capital goods for each dollar of output produced in industry "j". The coefficients ail represent the amount purchased from industry "j" for each dollar spent on capital goods within the region. The variables f represent the exogenous final demand faced by each industry, respectively. This system of equation reduces, using matrix notation, to the following solution for industry output and household income: X = (I - A) -I F X is the vector of industry outputs plus household income and F is a vector of exogenous final demands. The "output multipliers" (i.e., the change in industry output and household income that results from a change in final demand for the output of a particular industry) are given in the columns of the (I -Ay' matrix. The IMPLAN software calculates these multipliers for counties, states and other sub -state regions. These multipliers can be used to provide a sense of the economic importance of an industry or an economic activity in a given region. The multipliers impacts for gross state product, labor and capital income and the government revenue impacts are derived from the basic output multipliers given by (I -A)-'. The IMPLAN model uses historical relationships between public -sector revenues and regional economic output in order to estimate the public -sector revenue impact resulting from the establishment of a new, or the expansion of an existing economic activity. The Washington Economics Group. Inc. Page 18 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk APPENDIX II: ECONOMIC GLOSSARY The Washington Economics Group. Inc. Page 19 Submitted into the public record in connection with items RE.s on 01-10-13 Dwight S. Danie City Clerk DEFINITIONS OF ECONOMIC TERMS USED IN THE ANALYSIS Term Employment Labor Income Gross Domestic Product (GDP) Definition Total of full-time or part-time jobs. All forms of employment income, including Employee Compensation (wages and benefits) and Proprietor Income. The increased value of a product as a result of the economic inputs (labor and capital) expended at a given stage. In the IMPLAN Model, GDP is the sum of: Employee Compensation, Proprietor Income, Other Property Type Income (Interest) and Indirect Business Taxes. Economic Impact Total value of all transactions attributed to an activity. Direct Effects Indirect Effects Induced Effects The set of expenditures applied to the predictive model (i.e., I/O multipliers) for impact analysis. It is a series (or single) of production changes or expenditures made by producers/consumers as a result of an activity or policy. These initial changes are determined by an analyst to be a result of this activity or policy. Applying these initial changes to the multipliers in an IMPLAN model will then display how the region will respond, economically to these initial changes. The impact of local industries buying goods and services from other local industries. The cycle of spending works its way backward through the supply chain until all money leaks from the local economy, either through imports or by payments to value added. The impacts are calculated by applying Direct Effects to the Type I Multipliers. The response by an economy to an initial change (direct effect) that occurs through re -spending of income received by a component of value added. IMPLAN's default multiplier recognizes that labor income (employee compensation and proprietor income components of value added) is not a leakage to the regional economy. This money is re -circulated through the household spending patterns causing further local economic activity. Source: IMPLAN Glossary: http://implan.com/v4/index.php?option=com glossary&Itemid=12. The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 20 APPENDIX III: DETAILED IMPACT TABLES The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 21 DETAILED IMPACT TABLES Within the main portion of the Study the economic impacts are presented at a summary level. Direct, Indirect, and Induced Impacts are aggregated into the Total Impact, and Industries are summarized by function. The following Tables present detailed impacts at the two -digit NAICS industry classification level. The following industry sector summarizations are used in this Study: 1. Government & Other is the sum of: Agriculture & Forestry, Mining, Utilities, Company Management, and Government & Other. 2. Knowledge -Based Services is the sum of: Information, Finance & Insurance, Real Estate, Professional Services, Administrative, Educational Services, Health & Social Services, Arts, Entertainment & Recreation, and Other Services. 3. Wholesale Trade & Transportation Services is the sum of: Wholesale Trade, and Transportation & Warehousing. 4. The Accommodation and Food Services sector was renamed Visitor Industry. Ultra Music Festival Economic Impacts Table A-1. Permanent Jobs Supported by the Ultra Music Festival 23 Table A-2. Labor Income Generated by the Ultra Music Festival 24 Table A-3. Gross Domestic Product (Value -Added) Generated by the Ultra Music Festival 25 Table A-4. Total Economic Impacts Generated by the Ultra Music Festival 26 Table A-5. Fiscal Contributions Created by the Ultra Music Festival 26 The Washington Economics Group, Inc. Page 22 Submitted into the public record in connection with items RE.S on 01-10-13 Dwight S. Danie City Clerk ULTRA MUSIC FESTIVAL ECONOMIC IMPACTS Table A-1. Permanent Jobs Supported by the Ultra Music Festival Industry Agriculture & Forestry Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehousing Information Finance & Insurance Real Estate Professional Services Company Management Administrative Educational Services Health & Social Services Arts, Entertainment & Recreation Accommodation & Food Services Other Services Government & Other Impacts Direct Indirect Induced Total o 0 1 I 0 0 0 0 0 1 1 2 0 3 1 4 0 2 2 4 0 2 6 8 79 1 33 112 0 7 6 13 0 6 3 9 0 8 18 26 11 12 12 34 0 16 8 25 0 3 1 4 0 28 12 39 0 1 8 8 0 0 44 44 308 9 5 322 199 7 19 225 0 7 21 29 0 3 3 6 Total: 597 116 204 915 Source: The Washington Economics Group, Inc. The Washington Economics Group, Inc. Page 23 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Table A-2. Labor Income Generated by the Ultra Music Festival Industry Direct Impacts Indirect Induced Total Agriculture & Forestry Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehousing Information Finance & Insurance Real Estate Professional Services Company Management Administrative Educational Services Health & Social Services Arts, Entertainment & Recreation Accommodation & Food Services Other Services Government & Other Total 0 5,014 22,557 27,571 0 3,841 4,011 7,852 0 111,481 76,187 187,668 0 130,386 86,440 216,826 0 97,539 100,905 198,445 0 161,193 427,304 588,497 2,423,551 31,584 1,113,145 3,568,180 0 300,038 242,713 542,752 0 527,484 244,085 771,569 0 575,771 1,204,875 1,780,646 552,709 325,678 324,965 1,203,352 0 1,204,592 634,115 1,838,707 0 379,701 106,887 486,588 0 704,816 293,415 998,231 0 23,118 350,443 373,561 0 178 2,188,738 2,188,916 8,974,133 266,358 153,088 9,393,579 5,987,078 187,479 479,841 6,654,398 0 217,989 574,626 792,615 0 296,335 253,774 550,108 $17,937,371 $5,550,575 $8,882,114 $32,370,061 Source: The Washington Economics Group, Inc. The Washington Economics Group, Inc. Page 24 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Table A-3. Gross Domestic Product (Value -Added) Generated by the Ultra Music Festival Industry Agriculture & Forestry Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehousing Information Finance & Insurance Real Estate Professional Services Company Management Administrative Educational Services Health & Social Services Arts, Entertainment & Recreation Accommodation & Food Services Other Services Government & Other Direct Impacts Indirect Induced Total 0 0 0 0 0 0 3,429,011 0 0 0 1,383,994 0 0 0 0 0 10,083,548 10,073,769 0 0 7,510 7,605 452,647 164,955 150,999 286,705 43,023 405,446 913,814 966,012 1,735,110 1,534,284 426,878 848,988 22,895 221 344,614 277,888 259,656 271,546 34,280 7,971 307,090 104,299 234,387 760,022 1,538,556 337,823 560,614 1,878,821 3,936,381 819,707 120,168 356,211 328,481 2,373,418 251,328 705,821 614,213 209,736 41,791 15,576 759,736 269,253 385,386 1,046,728 5,010,589 743,269 1,474,428 2,844,833 7,055,486 2,353,991 547,045 1,205,199 351,376 2,373,638 10,679,490 11,057,478 873,869 481,282 Total $24,970,322 $9,120,796 $15,479,327 $49,570,443 Source: The Washington Economics Group, Inc. The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Page 25 Table A-4. Total Economic Impacts Generated by the Ultra Music Festival Industry Direct Impacts Indirect Induced Total Agriculture & Forestry Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehousing Information Finance & Insurance Real Estate Professional Services Company Management Administrative Educational Services Health & Social Services Arts, Entertainment & Recreation Accommodation & Food Services Other Services Government & Other 0 0 0 0 0 0 4,840,973 0 0 0 2,187,128 0 0 0 0 0 15,708,553 17,322,893 0 0 12,354 20,770 537,437 332,247 535,999 342,159 62,277 701,575 1,787,514 1,698,034 2,067,872 2,072,247 666,509 1,449,444 38,068 431 644,123 480,937 520,565 518,758 56,462 23,311 378,519 194,502 807,888 907,025 2,220,633 605,030 1,011,136 3,523,807 4,542,858 1,095,978 187,625 607,110 587,196 4,131,816 408,992 1,222,060 1,285,099 613,289 68,815 44,081 915,956 526,749 1,343,887 1,249,184 7,123,883 1,306,605 2,798,651 5,221,841 8,797,858 3,168,225 854,133 2,056,553 625,264 4,132,247 16,761,668 19,025,890 1,805,663 1,132,047 Total $40,059,547 $14,489,320 $24,410,336 $78,959,200 Source: The Washington Economics Group, Inc. Table A-5. Fiscal Contributions Created by the Ultra Music Festival Taxes Paid By Federal Type State / Local Taxes Type Taxes Total Taxes Labor Capital Indirect Business Taxes Households Corporations Total: $3,330,550 $180,559 $776,567 $2,120,313 $864,979 $7,272,968 $26,154 $0 $4,167,079 $133,524 $52,374 $4,379,131 $3,356,704 $180,559 $4,943,646 $2,253,837 $917,353 $11,652,099 Source: The Washington Economics Group, Inc. The Washington Economics Group, Inc. Submitted into the public record in connection with items RE.S on 01-10-13 Dwight S. Danie City Clerk Page 26 APPENDIX IV: THE WASHINGTON ECONOMICS GROUP, INC. PROJECT TEAM AND QUALIFICATIONS The Washington Economics Group, Inc. Page 27 Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk J. ANTONIO "TONY" VILLAMIL Principal Advisor, The Washington Economics Group (WEG). Dean, School of Business of St. Thomas University of Florida Tony Villamil has over 30 years of successful career as a business economist, university educator and high-level policymaker for both federal and state governments. He has served as a Presidential appointee US Undersecretary of Commerce for Economic Affairs, and he is the founder of a successful economic consulting practice, The Washington Economics Group, Inc. (WEG). Since August 2008, Tony is the Dean and Research Professor of Economics at the School of Business of St. Thomas University, while continuing to serve as Principal Economic Advisor to the clients of WEG. Tony is a recent member of the President's Advisory Committee on Trade Policy and Negotiations in Washington, D.C. He is the immediate past Chairman of the Governor's Council of Economic Advisors of Florida, and during 1999-2000, he directed the Tourism, International Trade and Economic Development Department of the State in the Office of Governor Jeb Bush. Presently, he is on the Board of Directors of the Spanish Broadcasting System (NASDAQ), Mercantil Commercebank, N.A., Pan-American Life Insurance Group (PALIG) and Enterprise Florida — the State's principal economic development organization. Among other leadership positions, he is currently Chairman of the Economic Roundtable of the Beacon Council —Miami -Dade County's official economic development organization. He also serves as Senior Research Fellow of Florida TaxWatch, an established fiscal and policy research organization of the State. Tony is a member of the Superintendent's Business Advisory Council of Miami -Dade County Public School System; one of the largest school systems of the nation. Mr. Villamil earned bachelor and advanced degrees in Economics from Louisiana State University (LSU), where he also completed coursework for the Ph.D. degree. In 1991, Florida International University (FIU) awarded him a doctoral degree in Economics (hc), for "distinguished contributions to the Nation in the field of economics." He speaks frequently to business, government and university audiences on economic topics, and was until the summer of 2008 a member of the Graduate Business Faculty of Florida International University (FIU). Submitted into the public record in connection with items RE.S on 01-10-13 Dwight S. Danie City Clerk PABLO CEPEDA Associate Consultant for Economics Pablo Cepeda is an Associate Consultant for Economics at The Washington Economics Group (WEG). In this role, Pablo serves as an economic consultant to WEG clients, providing expert economic analysis for business and public policy decision -making. Pablo received his Bachelors of Science Degree in Economics and International Affairs and his Masters Degree in Applied Economics from Florida State University. The Washington Economics Group, headquartered in Coral Gables, Florida, has been successfully meeting client objectives since 1993 through strategic consulting services for corporations and institutions based in the Americas. The Group has the expertise, high-level contacts, and business alliances to strengthen a firm's competitive position in the rapidly expanding market places of Florida and Latin America. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk MARY SNOW Managing Director of Client Services Mary Snow is the Managing Director of Client Services at The Washington Economics Group, Inc. (WEG). She serves as WEG's client liaison, working with clients to facilitate their business interests and achieve their goals. Prior to joining WEG, Mary was a governmental consultant for Robert M. Levy & Associates with offices in Miami and Tallahassee. She represented clients' interests at the local level and to the State Legislature. Mary received her undergraduate degree in Political Science with a minor in Education from Florida State University. Mary is a resident of Coral Gables, Florida. HAYDEE M. CARRION Executive and Senior Research Assistant Ms. Carrion has been Executive Assistant to Dr. Villamil since the firm's founding in 1993. Ms. Carrion is a specialist in multi -media presentations and in the preparation and design of reports and documents for clients. She also is the Senior and Project Research Assistant and has extensive experience in the preparation of electronic data, presentation of quantitative information, Internet research and desktop publishing. Haydee has been with WEG for 19 years. Ms. Carrion holds AA and AS degrees in Business Administration and Office System Technologies from Miami -Dade College. Haydee is a resident of Miami -Dade County. Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk The Washington Economics Group (WEG) has been successfully meeting client objectives since 1993 through economic consulting services for corporations, institutions and governments of the Americas. We have the expertise, high-level contacts, and business alliances to strengthen your competitive positioning in the growing marketplaces of Florida and Latin America. Our roster of satisfied clients, over the past eighteen years, includes multinational corporations, financial institutions, public entities, and non-profit associations expanding their operations in the Americas. EXCLUSIVE CONSULTING APPROACH: Each client is unique to us. We spend considerable time and effort in understanding the operations, goals, and objectives of clients as they seek our consulting and strategic advice. We are not a mass -production consulting entity nor do we accept every project that comes to us. We engage a limited number of clients each year that require customized consulting services in our premier areas of specialization. These premier and exclusive services are headed by former US Under Secretary of Commerce, Dr. J. Antonio Villamil, with over thirty years of experience as a business executive and as a senior public official of the US and most recently of Florida. PREMIER CONSULTING SERVICES: Comprehensive Corporate Expansion Services. Our seamless and customized service includes site selection analysis, development of incentive strategies and community and governmental relations. Economic Impact Studies highlight the importance of a client's activities in the generation of income, output and employment in the market area serviced by the entity. These studies are also utilized to analyze the impact of public policies on key factors that may affect a client's activities such as tax changes, zoning, environmental permits and others. Strategic Business Development Services. These services are customized to meet client objectives, with particular emphasis in the growing marketplaces of Florida, Mexico, Central and South America. Recent consulting assignments include customized marketing strategies, country risk assessments for investment decisions and corporate spokesperson activities and speeches on behalf of the client at public or private meetings. For a full description of WEG capabilities and services, please visit our website at: www.weg.com Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk The Washington Economics Group, Inc. Representative Client List 1993-2012 Multinational Corporations Lockheed Martin FedEx Latin America IBM Motorola SBC Communications Ameritech International Lucent Technologies MediaOne/AT&T Joseph E. Seagram & Sons, Inc. (Vivendi) Microsoft Latin America Carrier Medtronic Phelps Dodge Esso Inter -America Visa International MasterCard International Telefonica Data Systems Bureau Veritas (BIVAC) Merck Latin America DMJM & Harris DLA Piper Wilbur Smith Associates PBSJ Genting Group Odebrecht Construction, Inc. DLA Piper Florida -Based Corporations The Allen Morris Company Sprint of Florida Florida Marlins Flo -Sun Sugar Corp. Farm Stores The BMI Companies Dosal Tobacco Miami Dolphins Spillis Candela & Partners The Biltmore Hotel/Seaway Trammel Crow Company Communikatz Advantage Capital WCI Development Companies Iberia Tiles Ron Sachs Communications SEUI Healthcare Florida Florida Hospital Mercy Hospital The St. Joe Companies Florida Power & Light (FPL) International Speedway Corporation Resorts World Miami (RWM) Jungle Island Financial Institutions International Bank of Miami Pan American Life ABN-AMRO Bank Barclays Bank Lazard Freres & Co. Banque Nationale de Paris HSBC/Marine Midland Fiduciary Trust International Sun Trust Corporation First Union National Bank (Wachovia) Union Planters Bank of Florida (Regions) Bank Atlantic Corp. Hemisphere National Bank BankUnited, FSB Mercantil Commercebank N.A. PointeBank, N.A. The Equitable/AXA Advisors Public Institutions, Non -Profit Organizations and Universities Baptist Health South Florida Jackson Health Systems Miami -Dade Expressway Authority Miami -Dade College Miami Museum of Science Port of Miami Zoological Society of Florida Florida International University University of Miami University of Miami's Rosenstiel School of Marine and Atmospheric Science Universidad Politdcnica de Puerto Rico Sistema Universitario Ana G. Mdndez (SUAGM) Keiser University St. Thomas University Full Sail Real World Education Florida Agricultural & Mechanical University (FAMU) University of South Florida/ENLACE Alabama University Embry -Riddle Aeronautical University Sylvester Comprehensive Cancer Center Inter -American Development Bank (IDB) United Nations Economic Development Program (UNDP) Florida League of Cities The Florida Chamber Foundation Florida Retail Association Florida Ports Council Florida Sports Foundation Florida Citrus Mutual Florida Nursing Homes Alliance Florida Bankers Association Florida International Bankers Association (FIBA) Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk Non Florida -Based Institutions Georgia Retail Federation Illinois Retail Merchant Association Washington Retail Association Indiana Retail Council Florida Outdoor Advertising Association City of Plantation City of West Palm Beach Economic Development Commission of Lee County Economic Development Commission of Miami -Dade (Beacon Council) Economic Development Commission of Mid -Florida Jacksonville Chamber of Commerce SW Florida Regional Chamber of Commerce Enterprise Florida, Inc. The Beacon Council Visit Florida Louisiana Committee for Economic Development Space Florida State of Florida Flagler Development Tampa -Hillsborough Expressway Authority Submitted into the public record in connection with items RE.5 on 01-10-13 Dwight S. Danie City Clerk