HomeMy WebLinkAboutR-16-0292City of Miami
Legislation
Resolution: R-16-0292
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00645 Final Action Date: 6/23/2016
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BYA
FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC
HEARING, RATIFYING, APPROVING AND CONFIRMING THE CITY MANAGER'S
FINDING THAT COMPETITIVE BIDDING/NEGOTIATION METHODS AND
PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS PURSUANT TO
SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS
AMENDED; WAIVING THE REQUIREMENTS FOR SAID PROCEDURES;
ACCEPTING THE TERMS OF A TERM SHEET BETWEEN HEINEKEN USA,
INCORPORATED, THE NATIONAL TRUST FOR HISTORIC PRESERVATION, AND
THE CITY OF MIAMI, IN SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "A",
TO CONDUCTA CROWDFUNDING CAMPAIGN TO RAISE FUNDS TO RENOVATE
AND RESTORE THE COMMODORE RALPH MUNROE MIAMI MARINE STADIUM;
AUTHORIZING THE NATIONAL TRUST FOR HISTORIC PRESERVATION TO
ACCEPT ALL DONATED FUNDS ASSOCIATED WITH THE CROWDFUNDING
CAMPAIGN, WHICH WILL BE LATER TENDERED TO THE CITY; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE THE TERM
SHEET, AND ANY DEFINITIVE DOCUMENTATION RELATED THERETO, IN A
FORM ACCEPTABLE TO THE CITY ATTORNEY.
WHEREAS, the City of Miami ("City") is the owner of the Commodore Ralph Munroe Miami Marine
Stadium ("Stadium") located at 3501 Rickenbacker Causeway, Miami, Florida; and
WHEREAS, the Stadium is in a state of disrepair and requires significant capital in order to be
renovated; and
WHEREAS, Heineken USA, Incorporated ("Heineken") has reached out to the National Trust for
Historic Preservation ("NTHP") to partner in a crowdfunding campaign to raise funds to assist with the
renovation of the Stadium; and
WHEREAS, crowdfunding is the practice of funding a project or venture by raising monetary
contributions from a large number of people, often performed via internet-mediated registries; and
WHEREAS, the City would like to assist in the partnership between Heineken and NTHP with
these fundraising efforts; and
WHEREAS, funds raised through these efforts will be used to remove the remaining seats inside
of the Stadium and repair any damage caused by their removal, in accordance with all applicable
laws, regulations and procedures; and
WHEREAS, any remaining funds raised through these efforts after the seat removal will be
appropriated and expended by separate Resolution; and
City of Miami
Page 1 of 3 File Id: 16-00645 (Version: 2) Printed On: 5/11/2018
File Number: 16-00645 Enactment Number: R-16-0292
WHEREAS, the funds received will be deposited and separately accounted for by NTHP and will
be used for the restoration and rehabilitation of the Stadium; and
WHEREAS, the Heineken, NTHP and the City will execute a Term Sheet ("Term Sheet") setting
forth the basic terms and conditions of the crowdfunding campaign for the restoration of the Stadium;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The Term Sheet between Heineken, the NTHP, and the City, attached and
incorporated as Exhibit "A", to conduct a crowdfunding campaign to raise funds to renovate the
Stadium, is accepted.
Section 3. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the City
Manager's finding that competitive bidding/negotiation methods and procedures are not practicable or
advantageous pursuant to Section 18-85(a) of the Code of the City of Miami, Florida, as amended,
are ratified, approved and confirmed, and the requirements for said procedures are waived.
Section 4. The City Manager is authorized {1} to accept all donated funds associated with the
crowdfunding campaign.
Section 5. The NTHP is authorized {1} to accept all donated funds associated with the
crowdfunding campaign, which will be later tendered to the City.
Section 6. The City Manager is further authorized {1} to execute the Term Sheet, in substantially
the form attached as Exhibit "A", and negotiate and execute any definitive documentation related
thereto, in a form acceptable to the City Attorney, for said purpose.
Section 7. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor. {2}
Footnotes:
City of Miami Page 2 of 3 File Id: 16-00645 (Version: 2) Printed On: 5/11/2018
File Number: 16-00645 Enactment Number: R-16-0292
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter
and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 3 of 3 File Id: 16-00645 (Version: 2) Printed On: 5/11/2018