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HomeMy WebLinkAboutMemo - MSEAm e sports & exhibition authority To: Honorable Mayor and Members July 26, 2013 of the City Commission Subject: Approval of the Miami Sports & Exhibition Authority 2013-2014 Operating Budget From: Kirk R. Menendez kCLM For City Commission meeting Executive Director of September 12, 2013. RECOMMENDATION: It is respectfully recommended that the City Commission approve the Miami Sports & Exhibition Authority Operating Budget for Fiscal -Year 2013-2014. BACKGROUND: The Miami Sports and Exhibition Authority (MSEA) was established in 1983, pursuant to Florida Statute 212.057, • as an independent and autonomous agency and instrumentality of the City of Miami. Currently MSEA is being managed by Mr, Kirk R. Menendez. MSEA was created to promote sports, conventions and exhibitions and to strive to generate community support to achieve this purpose. It was further given the authority to exercise .any power usually possessed by private corporations performing similar functions that are not in conflict with the Florida constitution or law. Your approval of the attached budget will enable MSEA to fulfill its mandate. The budget was unanimously approved by the MSEA board at its July 17, 2013, meeting. Attachments: resolution budget 3500 Pan American Drive, Miami FIa 33133 (305) 250-5474 Fax (305) 400-5391