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HomeMy WebLinkAboutExhibit ACITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Arthur Noriega V DATE: 12/01/2025 City Manager Signed by: FROM: Marie "Maggie" Gouin Director [— '--7_ Office of Management — Suuy:'796C5495... SUBJECT: Mayor's Discretionary Allocation of `"?50,000.00 to Mascots Sports, Inc. BACKGROUND Mascot Sports, Inc. is a for -profit corporation based in Delaware that was founded in 2016. The company represents some of the biggest brands and talent in sports and entertainment, helping clients create innovative experiences in areas such as endurance, fitness, and wellness (referred to as "Mascot Sports") (icis.corp.delaware.gov, attached as Exhibit "A"). One of Mascot Sports' notable experiences is Diplo's Run Club, which organizes 5K races in various major cities across the United States. On January 17, 2026, Mascot Sports will host the first Diplo's Run Club 5K in Miami at Maurice A. Ferre Park ("Diplo's Run Club Miami"), originally intended to take place at Bayfront Park (Webpages, attached as Exhibit "B"). Mascot Sports has requested the City's support for the relocation costs of Diplo's Run Club Miami 5K event to take place at Maurice A. Ferre Park. The following are the cost elements of having the Diplo 5k relocated to Maurice A. Ferre Park: • The total number of tickets available for the new venue has been reduced by approximately 30%. This results in an estimated revenue loss of at least $250,000, as the Bayfront Park venue had a significantly larger capacity for total participation. • Reduction in vendor/partner/activation space at Maurice A. Ferre Park. • Mascot Sports, Inc. views Maurice A. Ferre Park as entirely raw park space —grass only, lacking electrical connections and load -in access, which makes stage setup and other infrastructure operations more costly and complicated. • There is no MPA public parking available nearby for trailer operations or storage. At Bayfront Park, Mascot Sports had access to lots on Biscayne Blvd. Consequently, "Back of House" operations will be more complicated and expensive for staging and other activities. • The Maurice Ferre venue, compared to Bayfront Park, may incur high re -sodding costs if it rains before or during the event, potentially exceeding $40,000. • Relocation will require redoing event plans. MOTs, AutoCAD drawings, maps, signage, etc., all need to be updated for the Maurice A. Ferre Park site due to the change in course location. • The relocation to the new venue restricts the available route options for Mascot Sport's 5k race. There are seven ships currently in port, and the nearby train tracks present an additional challenge, which may necessitate an increased police presence along the race route. RECOMMENDATION The Mayor has reviewed the proposal attached and wishes to provide grant funds from the Mayor's Discretionary fund in an amount not to exceed Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) as a lump sum to Mascot Sports, Inc. In light of the above stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the City as set forth in the City Code of Ordinances, IOM— Mayor's Discretionary Allocation of $250, 000.00 to Mascots Sports, Inc. as amended, specifically Section 18-85 (A), and the affirmation of these written findings and the forwarding of the same to the City Commission for ratification by a fourth -fifths vote is respectfully requested. X APPROVED/ DISAPPROVED �DocuSigned by: tivitutr Navi4a, 850CF6C372DD42A... HI IIIUI IVUIICga V City Manager ber 1, 2025 119:52:00 EST Mayor's Discretionary Finding & Recommendation Memo — Mascot Sports, Inc. /Diplo's Run Club 5k EXHIBITA Delaware.gov Governor I General Assembly I Courts I Elected Officials I State Agencies Department of State: Division of Corporations HOME Allowable Characters Entity Details THIS IS NOT A STATEMENT OF GOOD STANDING File Number: 6102440 Incorporation Date / 7/20/2016 Formation Date: (mm/dd/yyyy) Entity Name: MASCOT SPORTS INC. Entity Kind: Corporation Residency: Domestic REGISTERED AGENT INFORMATION Entity Type: General State: DELAWARE Name: BUSINESS FILINGS INCORPORATED Address: 108 WEST 13TH ST City: WILMINGTON County: New Castle State: DE Postal Code: 19801 Phone: 800-981-7183 Additional Information is available for a fee. You can retrieve Status for a fee of $10.00 or more detailed information including current franchise tax assessment, current filing history and more for a fee of $20.00. Would you like ° Status O Status,Tax & History Information Submit New Entity Search For help on a particular field click on the Field Tag to take you to the help area. site map privacy about this site I contact us 1 translate delaware.gov Mayor's Discretionary Finding & Recommendation Memo — Mascot Sports, Inc. /Diplo's Run Club 5k EXHIBIT B 0 8 https://diplosrunclub.com/miami THE DETAILS MIAMI, FL I BAYFRONT PARK In 2022, Diplo completed the Miami Half Marathon where he rar straight from the finish lire to the club. in that moment, the concept for Diplo`s Run Club was borr - an event series where you run first and party afterwards. Diplo's Run Club is debuting in Miami this winter to bring his vision to life in the city that started it all! Starting and finishing at Bayfront Park, the 5K run will take you on a scenic route through downtown showing off waterfront views of Biscayne Bay, the Miami skyline and iconic ferns wheel. Party the day away or the water with a post -race concert featuring Diplo + friends. REGISTER NOW • 0 n https:/jwww.mascotsports.com EXPERTISE ABOUT Fil Pa Clip L