Item Coversheet

Resolutions - R7  K




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Alina T. Hudak, City Manager 
DATE:April  28, 2023
 



SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH FLORIDA, ACCEPTING THE RECOMMENDATIONS OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE FOR TRANCHE 1 OF THE ARTS AND CULTURE GENERAL OBLIGATION BONDS SERIES 2023, IN THE NOT-TO-EXCEED AMOUNT OF $101,700,000 AND GRANTEE FUNDING IN TRANCHE 1; PROVIDING THAT THE GRANT AGREEMENTS FOR THE NEW WORLD SYMPHONY, HOLOCAUST MEMORIAL AND MIAMI BEACH HISPANIC COMMUNITY CENTER SHALL INCLUDE FULL FUNDING FOR PROJECT MANAGEMENT AND CONTINGENCY, SUBJECT TO CITY MANAGER ADVANCE APPROVAL OF THE USE OF CONTINGENCY FOR APPROVED SCOPE OVERRUNS AND UNFORESEEN CONDITIONS; AND RECOMMENDING THAT THE AGREEMENT WITH MIAMI BEACH CLASSICAL MUSIC FESTIVAL INCLUDE TERMS OF USE AND REVENUE SHARE.

SUPPORTING SURVEY DATA

N/A

FINANCIAL INFORMATION

N/A

Applicable Area

Citywide
Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Does this item utilize G.O. Bond Funds?
Yes Yes 

Strategic Connection

Prosperity - Market and promote Miami Beach as a world class arts, culture, and quality entertainment destination.
Legislative Tracking
G.O. Bond Program

ATTACHMENTS:
Description
Memorandum and Attachments
Resolution