C7AW - Approve Athx Games Sponsorship

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING SPONSORSHIP FUNDING FOR THE ADIDAS ATHX GAMES, AS PART OF MIAMI BEACH FITNESS MONTH IN MARCH 2026, INCLUDING: (I) A SPECIAL EVENT CASH SPONSORSHIP IN AN AMOUNT NOT TO EXCEED $600,000, TO REIMBURSE THE EVENT ORGANIZER FOR THIRD-PARTY EVENT COSTS AND CITY SERVICES, AND (II) A WAIVER OF SPECIAL EVENT PERMIT FEES, SQUARE FOOTAGE FEES, VEHICLE BEACH ACCESS PASS FEES, AND LUMMUS PARK USER FEES IN AN AMOUNT NOT TO EXCEED $120,000; WITH SAID FUNDING APPROVED AND ALLOCATED THROUGH THE FY 2025 AND FY 2026 BUDGET PROCESS; AUTHORIZING THE ADMINISTRATION TO NEGOTIATE AND FINALIZE A SPECIAL EVENT SPONSORSHIP AGREEMENT WITH THE EVENT ORGANIZER, BREAKWATER HOSPITALITY GROUP, LLC; AND FURTHER, AUTHORIZING THE CITY MANAGER AND CITY CLERK TO EXECUTE THE FINAL SPECIAL EVENT SPONSORSHIP AGREEMENT.