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HomeMy WebLinkAboutM-75-0077crrY OF MiAM1, FLO:110A iNTZR-v !CC MEMORANDUM FR:DM. • Honorable Members of the City Commission P. W. Andrews City Manager JAN 1 7 1975 tt Toros Agreement for Orange Bowl Stadium Ilse t��r-Ftf�;� Mr. Angel Lorie, Managing General Partner of the Toros Soccer Club, met with staff members to discuss economic problems that organization is now facing. They report that the use fee the City charges them for the use of the Orange Bowl is proving to be excessive when compared to the number of ticket sales per event. Since their agreement for stadium use will soon be due for either renewal or extension for an additional year, they request at this time the City consider adjusting the use fee. Although they would not wish to move their home field to another facility, it is their feeling this move will be necessary if such an adjustment is not made. Mr. Loriets request has been carefully evaluated by the City Admin- istration and we concur that some adjustment is needed. Inasmuch as the fee charged some of other users of the stadium is 106/;. of ticket sales without a minimum guarantee, this same schedule could be applied to the new agreement with the Toros Soccer Club. If the City Commission concurs with this recommendation, it is suggested that authorization be given to negotiate a new contract with the Miami Toros Tnaking these fee adjustments. rft•a-4-0, ✓lyfo 7?a0