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Resolution
Legislation
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3500 Pan American Drive
Miami, FL 33133
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File Number: 4711 Final Action Date: 12/13/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE MIAMI SPORTS AND
EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $678,085.00, TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA, FOR THE FISCAL YEAR COMMENCING OCTOBER 1st,
2018, AND ENDING SEPTEMBER 30th, 2019.
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE MIAMI SPORTS AND
EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $678,085.00, TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA, FOR THE FISCAL YEAR COMMENCING OCTOBER 1st,
2018, AND ENDING SEPTEMBER 30th, 2019.
WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City")
pursuant to City Commission Ordinance No. 9662, adopted July 28, 1983, in connection
with former F.S. Section 212.057 (1983) (now repealed and superseded by F.S.
212.0305 (Convention Development Taxes), to promote sports, conventions and
exhibitions and to strive to generate community support to achieve this purpose; and
WHEREAS, currently MSEA is being managed by Lourdes Blanco; and
WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as
amended ("Code"), provides that MSEA shall submit its annual budget for its operations
and capital expenditures to the City Commission for approval; and
WHEREAS, pursuant to Section 2-1017 of the Code, MSEA shall, to the greatest
extent it determines to be feasible, implement the exercise of its powers in a manner
which utilizes and encourages the fullest and most active participation and cooperation
of private enterprise; and
WHEREAS, the budget for Fiscal Year 2018-2019 for MSEA has not been
reviewed and has not been approved by the MSEA Board of Directors; MSEA Board
has not met to discuss and approve this Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
City of Miami Page 1 of 2 File ID: 4711 (Revision:) Printed On: 2/25/2025
File ID: 4711 Enactment Number:
Section 1. The recitals and findings contained in the Preamble to this Resolution
are adopted by reference and incorporated as fully set forth in this Section.
Section 2. The MSEA annual budget, attached and incorporated, in the amount
of $678,085.00, for the operations and capital expenditures of MSEA, for the Fiscal
Year commencing October 1st, 2018, and ending September 30th, 2019, is approved
and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption
and signature of the Mayor.
APPROVED AS TO FORM AND CORRECTNESS:
1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from
the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
City of Miami Page 2 of 2 File ID: 4711 (Revision:) Printed on: 2/25/2025