C7R - Amend Hyundai Air & Sea Show

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING, IN SUBSTANTIAL FORM, AMENDMENT NO. 7 TO THE AGREEMENT BETWEEN THE CITY AND A NATIONAL SALUTE TO AMERICA’S HEROES, LLC, DATED FEBRUARY 1, 2016; SAID AMENDMENT PROVIDING THAT THE CITY’S MAXIMUM ANNUAL CONTRIBUTION OF $350,000, ALREADY BUDGETED IN THE FY 2026 RESORT TAX BUDGET, WILL CONTINUE TO BE USED TO REIMBURSE EVENT-RELATED CITY SERVICES AND, FOR THE 2026 EVENT ONLY, ANY REMAINING BALANCE MAY ALSO BE USED, ON A REIMBURSEMENT BASIS, FOR COSTS ASSOCIATED WITH THE PRODUCTION OF A CONCERT(S) TO BE HELD DURING THE 2026 HYUNDAI AIR & SEA SHOW TO KICK OFF AMERICA’S 250TH CELEBRATION; AND FURTHER, AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE FINAL AMENDMENT.