HomeMy WebLinkAboutR-19-0492City of Miami
Resolution R-19-0492
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 6713 Final Action Date: 12/12/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE AN AGREEMENT, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE REGENERATIVE
MEDICINE FOUNDATION AND THE CITY OF MIAMI ("CITY") TO PROVIDE
FUNDING FOR THE 2020 ADVANCED THERAPIES WEEK, WHICH IS
DESIGNED TO ESTABLISH THE CITY AS A BUSINESS DESTINATION FOR
THE BIOPHARMA, BIO-MEDICAL, AND ADVANCE THERAPIES COMMUNITY
AND PROVIDE EDUCATION TO BIOTECH BUSINESS OWNERS IN THE CITY
FOR BIOTECHNOLOGY RESEARCH DEVELOPMENT,
COMMERCIALIZATION, AND HEALTH CARE INTEGRATION AT TOTAL COST
OF EIGHTY THOUSAND DOLLARS ($80,000.00) IN THE FORM OF ONE
PAYMENT OF THIRTY THOUSAND ($30,000.00) FROM THE CITY'S 2019-
2020 FISCAL YEAR BUDGET AND FIFTY THOUSAND ($50,000.00) OF IN -
KIND BENEFITS WITH THE OPTION TO RENEW FOR TWO (2) ADDITIONAL
ONE (1) YEAR PERIODS OF CITY SPONSORSHIP FUNDING, SUBJECT TO
AVAILABLE FUNDS AND BUDGETARY APPROVAL; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY
AND ALL OTHER NECESSARY DOCUMENTS, MODIFICATIONS, AND
AMENDMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, IN
FURTHERANCE OF THE FUNDING ALLOCATION AND APPROPRIATION.
WHEREAS, the City of Miami ("City") wishes to foster innovation and sustainable
entrepreneurial initiatives within the jurisdictional boundaries of the City in order to
become a business destination for the biopharma, bio-medical, and advanced therapies
community; and
WHEREAS, the 2020 Advanced Therapies Week ("Event"), to be held in the City
from January 21, 2020 through January 24, 2020, is a conference for biomedical
professionals developing, investing, or interested in cell and gene therapies and tissue
engineered products; and
WHEREAS, the Event is designed to foster the City as a business destination for the
biopharma, bio-medical, and advance therapies community and to provide education to
biotech business owners in the City for biotechnology research development,
commercialization, and health care integration; and
WHEREAS, the Event is hosted by the Florida -based Regenerative Medicine
Foundation ("RMF") and is the original, translation -focused, interdisciplinary networking and
partnering conference in the stem cell science and regenerative medicine field; and
WHEREAS, the sponsorship agreement between RMF and the City requires funds
for the Event in an amount not to exceed thirty thousand dollars ($30,000.00) and in -kind
City of Miami Page 1 of 2 File ID: 6713 (Revision: C) Printed On: 4/28/2025
File ID: 6713 Enactment Number: R-19-0492
benefits in a total amount of fifty thousand dollars ($50,000.00) for the purpose of
preserving venues for the Event at the Riverfront Hall Lobby, James L. Knight Center
Lobby and Theater, Riverwalk Terrace, Promenade Upper, and available meeting rooms;
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 City Manager is authorized' to negotiate and execute an agreement,
in a form acceptable to the City Attorney, between RMF and the City to provide sponsorship
funding for the Event at a total cost of eighty thousand dollars ($80,000.00) in the form of one
payment of thirty thousand dollars ($30,000.00) from the City's Fiscal Year 2019-2020 budget
and fifty thousand dollars ($50,000.00) of in -kind benefits with the option to renew for two (2)
additional one (1) year periods of City sponsorship funding subject to the availability of funding
and budgetary approval.
Section 3. The City Manager is further authorized' to negotiate and execute any and all
other necessary documents, modifications, and amendments, all in a form acceptable to the
City Attorney, to complete and further the grant allocation and appropriation.
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 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.
City of Miami Page 2 of 2 File ID: 6713 (Revision: C) Printed on: 4/28/2025