HomeMy WebLinkAboutResolutionCity of Miami
Resolution
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4509 Final Action Date: 5/23/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED
PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY
MANAGER'S FINDING, ATTACHED AND INCORPORATED AS EXHIBIT "A,"
THAT COMPETITIVE 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; AUTHORIZING
THE CITY MANAGER TO EXECUTE THE HOST CITY AGREEMENT AND THE
PARK USE AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, BY AND BETWEEN THE CITY OF MIAMI, THE BAYFRONT PARK
MANAGEMENT TRUST, SOUTH FLORIDA RACING, LLC., AND FORMULA
ONE WORLD CHAMPIONSHIP LIMITED, FOR A TEN (10) YEAR CONTRACT
FOR THE RUNNING OF THE FORMULA 1 MIAMI GRAND PRIX STARTING IN
OCTOBER OF 2018 WITH A FAN FESTIVAL AT BAYFRONT PARK AND
COMMENCING WITH FORMULA ONE GRAND PRIX RACING FROM
OCTOBER 2019 THROUGH OCTOBER 2029 WITH AN OPTION FOR A
FURTHER TEN (10) YEAR EXTENSION AND WITH TERMS AND
CONDITIONS MORE PARTICULARLY SET FORTH IN SAID AGREEMENT.
WHEREAS, the City Commission wishes to authorize the City Manager to execute the
Host City Agreement and the Park Use Agreements for the Formula 1 Miami Grand Prix,
between the City of Miami ("City"), the Bayfront Park Management Trust ("Park"), South Florida
Racing, LLC. ("SFR") and Formula One World Championship Limited ("Formula One"), in a form
acceptable to the City Attorney (collectively, "Agreements"); and
WHEREAS, the City Commission wishes to allow SFR and Formula One to run the
Formula 1 Miami Grand Prix from 2019 through 2029 with a fan festival to be held in October of
2018 pursuant to the Agreements;
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. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing,
the City Manger's finding, attached and incorporated as Exhibit "A," that competitive negotiation
methods and procedures are not practicable or advantageous to the City pursuant to Section
18-85(a) of the Code of the City of Miami, Florida, as amended ("City Code") and waiving the
requirements for said procedures, is ratified, approved and confirmed.
City of Miami Page 1 of 2 File ID: 4509 (Revision:) Printed On: 3/7/2025
File ID: 4509 Enactment Number:
Section 3. The City Manager is authorized' to execute the Agreements, in a form
acceptable to the City Attorney, by and between the City of Miami, the Bayfront Park
Management Trust, South Florida Racing, LLC., and Formula One World Championship
Limited, for a ten (10) year contract for the running of the Formula 1 Miami Grand Prix starting in
October of 2018 with a fan festival at Bayfront Park and then commencing with Formula One
Grand Prix racing from 2019 to 2029 with an option for a further ten (10) year extension and
with terms and conditions more particularly set forth in said Agreements.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
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 City 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 2 of 2 File ID: 4509 (Revision:) Printed on: 3/7/2025