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2017-30102 ResolutionRESOLUTION NO. 2017 - 30102 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, RETROACTIVELY ACCEPTING AN IN -KIND SPONSORSHIP FROM THE SETA! HOTEL, WITH A VALUE OF APPROXIMATELY $3,375, TO OFFSET THE COSTS OF THE ART BASEL MIAMI BEACH ANNUAL OFFICIAL LUNCH. WHEREAS, in 2017, the City of Miami Beach hosted the Art Basel Miami each Annual Official Lunch; and WHEREAS, Art Basel Miami Beach has become the preeminent contemporary art fair in the western hemisphere, and an established destination for artists, galleries, collectors, museum groups, and other individuals interested in top quality art; and WHEREAS, Art Basel Miami Beach is a Marquee Event pursuant to the City's Miami Beach Convention Center Booking Policy, as the event generates thousands of hotel room nights annually within the City of Miami Beach; and WHEREAS, the City secured a sponsorship from The Setai Hotel, to off -set the cost of the Art Basel Miami Beach Annual Official Lunch; and WHEREAS, the Administration recommends that the Mayor and City Commission retroactively approve and accept the aforestated sponsorship, totaling approximately $3,375. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby retroactively accept an in -kind sponsorship from the Setai Hotel, with a value of approximately $3,375, to offset the costs of the Art Basel Miami Beach Annual Official Lunch. PASSED and ADOPTED this 13th day of December, 2017. ATTEST: RAFAEL E. GRANADO, C MAYOR DAN GELBER APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION City Attorney n .n,o Date MIAM BEACH Resolutions - C7 K COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: December 13, 2017 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, RETROACTIVELY APPROVING AND AUTHORIZING THE ACCEPTANCE OF SPONSORSHIP FOR THE ART BASEL MIAMI BEACH ANNUAL OFFICIAL LUNCH. RECOMMENDATION Adopt the resolution. ANALYSIS Each year the City of Miami Beach hosts the Art Basel Miami Beach Annual Official Lunch. The Art Basel Miami Beach Luncheon is an annual event hosted by the City with officials from the City, elected officials from City of Basel, officials from Art Basel Miami Beach and Messe Schweiz. The Setai Hotel has sponsored the full cost of the lunch. CONCLUSION Staff worked diligently to identify funding source to off -set the cost of this event. Administration recommends the adoption of the attached Resolution authorizing the acceptance of this sponsorship, to cover the cost of the Art Basel Miami Beach Annual Official Lunch. KEY INTENDED OUTCOMES SUPPORTED Enhance Cultural and Recreational Activities Legislative Tracking Tourism, Culture and Economic Development Page 574 of 1320