C7P - Accepting the Recommendation of the Finance

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE TO DIRECT THE ADMINISTRATION TO NEGOTIATE A SPECIAL EVENT SPONSORSHIP AGREEMENT WITH THE FIFA WORLD CUP HOST COMMITTEE FOR 2026 FIFA WORLD CUP-RELATED EVENTS IN MIAMI BEACH, SUCH SPONSORSHIP AGREEMENT TO INCLUDE: (1) A MAXIMUM CASH SPONSORSHIP CONTRIBUTION OF $1.5 MILLION, (2) A WAIVER OF SPECIAL EVENT FEES, LUMMUS PARK USER FEES, SQUARE FOOTAGE FEES, CITY SERVICES IN AN AMOUNT NOT TO EXCEED $500,000, (3) A ZONE OF EXCLUSIVITY, (4) POURING RIGHTS EXCLUSIVITY   WAIVER, AND (5) THE PUBLIC BENEFITS TO INCLUDE, WITHOUT LIMITATION, A FIFA WORLD CUP KICKOFF CONCERT, OFFICIAL WATCH PARTY LOCATION IN NORTH BEACH AND POTENTIAL LEGACY PROJECT IN THE CITY’S PARKS; AND FURTHER, AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE SPONSORSHIP AGREEMENT. ITEM WITHDRAWN