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HomeMy WebLinkAboutR-19-0321City of Miami q Legislation Resolution: R-19-0321 File Number: 6097 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 7/25/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A REVOCABLE LICENSE AGREEMENT ("LICENSE"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH EVENT ENTERTAINMENT GROUP, LLC FOR THE PRESENTATION OF THE ULTRA MUSIC FESTIVAL AT BAYFRONT PARK; FURTHER WAIVING THE REQUIREMENTS OF SECTION 38-113 OF THE CODE OF THE CITY OF MIAMI, AS AMENDED. SPONSOR(S): Commissioner Keon Hardemon WHEREAS, the City of Miami ("City") is the owner and the Bayfront Park Management Trust is the manager and operator of the real property known as Bayfront Park, located at 301 Biscayne Boulevard, Miami, Florida ("Property"); and WHEREAS, Event Entertainment Group, Inc., a Florida Corporation ("Licensee"), is the producer of the world's premier electronic music festival known as the Ultra Music Festival ("Event"); and WHEREAS, as to the Event's worldwide status, in 2018, 36 events were produced on six (6) continents, with over 300 million viewers having viewed live stream and 40 million listeners having tuned into UMF Radio globally; and WHEREAS, for over 20 years, the Event has been produced in the greater Miami area, of which 19 have been produced in the City; and WHEREAS, the Licensee has previously staged the Event at the Property between 2013 and 2018, during which time the Licensee expended substantial resources toward the direct promotion and marketing of the City; and WHEREAS, since 2012, the Event has generated approximately $995 million of economic impact, generating $168 million and creating 1,834 jobs in 2018 alone; and WHEREAS, the 2019 Event was attended by patrons representing more than 105 countries and was live streamed to over 30 million viewers worldwide; and WHEREAS, today, the Event remains a Miami -based production and the Event is the flagship event for all worldwide operations; and WHEREAS, the City wishes to continue having the Event at the Property ("Proposal"); and WHEREAS, the Proposal is provided in the form of the attached Revocable License Agreement ("License"); and City of Miami Page 1 of 2 File ID: 6097 (Revision: 8) Printed On: 8/16/2019 File ID: 6097 Enactment Number: R-19-0321 WHEREAS, the License is not assignable, is not for a fixed term, and is revocable at - will, for convenience, and without consent of the Licensee; and WHEREAS, the License does not transfer any interest in real property, including any leasehold interest in real property owned by the City; and WHEREAS, the License permits only certain enumerated, specific, and listed permitted uses on specified dates and does not permit anything further; and WHEREAS, the City Commission may waive the requirements of Section 38-113 of the Code of the City of Miami, as amended ("City Code"), requiring public access to the property at least eighty-five percent (85%) of each year; and WHEREAS, the City Commission has determined that the requirements relating to trust fund payments for mass transit provided for in Section 35-254 of the City Code shall not apply to the use fee payments under the License; and WHEREAS, in order to assist the Virginia Key Beach Park Trust with the creation and establishment of the African American Museum, One Million Dollars ($1,000,000.00) of the use fee payable for the 2020 Event will be allocated to the Virginia Key Beach Park Trust in a separate account for the African American Museum to be constructed at Historic Virginia Key Beach Park; 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 fully set forth in this Section. Section 2. The City Manager is authorized' negotiate and execute the License, in a form acceptable to the City Attorney, between the City and the Licensee for the purpose of producing the Event on the Property with the terms and conditions more particularly described in the License. Section 3. The requirements set forth in Section 38-113 of the City Code are hereby waived. Section 4. This Resolution shall become effective immediately upon adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i "ndez, City Attor ey 8/1512019 ' 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: 6097 (Revision: B) Printed on: 8/16/2019