Loading...
HomeMy WebLinkAboutStaff Report and Business Impact Statement (Parks)■ ■ E 0 4-) ■ V Department of Real Estate and Asset Management Staff Report and Business Impact Statement Manuel Artime and James L. Knight Center Rate Increase Purpose: The ordinance amends City Code sections (e.g., 38-8 for Manuel Artime, 53-181 for JLK, 53-1 for ticket surcharges) to update and increase facility rental rates, surcharges, and related fees, incorporating missing James L. Knight Center (JLKC) rooms and DREAM -highlighted items. Estimated Direct Economic Impact: • There will be no additional municipal regulatory costs for businesses. • Rental rates have not been adjusted in more than a decade. The new schedule reflects inflation, rising costs (post -pandemic recovery, energy, staffing), and alignment with similar venues. • This ordinance ensures the city recovers a greater portion of operating costs for public facilities, supports fiscal sustainability, funds upkeep/improvements (e.g., janitorial, utilities, security), and promotes efficient use of taxpayer - funded venues while serving public welfare through accessible cultural/recreational spaces. Estimated Number of Businesses to be Impacted: The affected parties would be event promoters, production companies, and nonprofit/for-profit organizations that rent the JLKC and Manuel Artime Theater for performances, meetings, exhibitions, filming, and similar activities. These users represent a broad cross-section of Miami's cultural and event -producing community. The impact would be most significant for promoters of ticketed events, while casual or occasional users would be less affected. Based on current usage patterns, a reasonable estimate is that approximately 100 to 300 promoters per year could be impacted by a rate increase. Additional Information: N/A Recommendation: Approval