Miami Referendum 2
Approve Management Agreement with Global Spectrum for Historic Miami Marine Stadium and Flex Park Shall the City enter into a management agreement with Global Spectrum L.P. to activate and manage events at the Historic Miami Marine Stadium and Flex Park, 3501 Rickenbacker Causeway, Miami, FL, as follows: • City receives 93% of gross sales of all events after deducting a $33,333 monthly management fee • City receives 85% of sponsorship revenues • 40 year term • Global Spectrum to pay the City up to $10,000,000 towards the restoration of Historic Marine Stadium?
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Yes - For the Measure
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No - Against the Measure
A Yes Vote Would...
Enter the City of Miami into a contract with Global Spectrum L.P. under the terms listed above
A No Vote Would...
Reject establishing a management agreement between the City and Global Spectrum L.P. at this time.
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