HomeMy WebLinkAboutSummary FormDate: 6/26/13
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AGENDA ITEM SUMMARY FORM
FILE ID: /8- OV 6 73
Requesting Department: City Manager's Office
Commission Meeting Date: 7/11/13 District Impacted: 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance n Discussion Item
❑ Other
Subject: A Resolution accepting the recommendation of the City Manager_, and confirming and approving
the Evaluation Area as the area needed to generate, sufficient revenue for the viable operation of Miami
Marine Stadium.
Law Department
Matter ID No.
Purpose of Item:
A Resolution of the Miami City Commission accepting the recommendation of the City Manager and
confirming and approving the "Evaluation Area" as the area needed to generate sufficient revenue for
the viable operation of Miami Marine Stadium, as stated in the Memorandum of Understanding dated
May 15, 2012, among the City of Miami, the Miami Sports and Exhibition Authority, and the Friends
of Miami Marine Stadium, Inc., a 501(c)3 Non -Profit Corporation.
Background Information:
See attached supplement.
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP Pk
If using or receiving, capital funds
Grants 1p
Purchasing f� A.
Chief
Final Approvals
(SIGN AND DATE)
Budget �.
Risk Management
Dept. Director
City Manager
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Background Information:
On March 8, 2012, the City Commission adopted Resolution No. 12-0080, authorizing the City Manager to
execute a Memorandum of Understanding ("MOU"), for a two (2) year period, between the City, the Miami
Sports and Exhibition Authority ("MSEA") and the Friends of Miami Marine Stadium, Inc., a 501(C)3 non-
profit corporation ("Friends"), establishing the City's participation in a public -private partnership in order to
plan and apply for grants and funding for the restoration of the Stadium, and develop an operating plan for
the overall development and public use of the Stadium.
The MOU established a Steering Committee consisting of a thirteen (13) member task force led by the City's
Planning Director to identify uses to maximize the utilization and economic benefit of the redevelopment of
this public area for the City and its residents by developing a viable operating -plan for the restoration of the
Stadium. One of the roles of the Steering Committee was to assess the area around the Stadium that was
deemed necessary to generate sufficient revenue for the viable operation of the Stadium ("Evaluation Area").
The Evaluation Area, as established by the MOU, encompassedthefallowing areas indicated in Exhibit "A"
entitled Miami Marine Park Proposal, attached and incorporated: Area 15 - The Marine Exhibition Center,
Area 16 - The Stadium, Area 17 - The Marine Stadium Entrance Plaza, and Area 19 - The open green field.
The MOU requires that the Steering Committee provide a report of its findings to the City Manager and City
Commission, at which point the City Commission shall confirm and approve the "Evaluation Area," which
shall be reserved for the future operations of the Stadium. The City Manager, based on the report provided
by the Steering Committee, recommends that the City Commission confirm and approve the "Evaluation
Area" set forth in "Exhibit A."
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