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Resolution 2018-30508 RESOLUTION NO. 2018-30508 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE WRITTEN RECOMMENDATION OF THE CITY MANAGER AND WAIVING, BY5/7TH VOTE, THE COMPETITIVE BIDDING REQUIREMENT PURSUANT TO SECTION 2-367 OF THE CITY CODE, FINDING SUCH WAIVER TO BE IN THE BEST INTEREST OF THE CITY, AND APPROVING AMENDMENT NO. 2 TO THE CITY'S AGREEMENT WITH GLOBAL SPECTRUM, L.P. D/B/A SPECTRA VENUE MANAGEMENT ("GLOBAL"), FOR THE OPERATION, MANAGEMENT, MAINTENANCE, PROMOTION AND MARKETING OF THE MIAMI BEACH CONVENTION CENTER,WITH SAID AMENDMENT NO. 2 EXTENDING THE TERM OF THE AGREEMENT FOR AN ADDITIONAL TWO YEAR PERIOD, COMMENCING ON OCTOBER 1, 2020 AND EXPIRING ON SEPTEMBER 30, 2022; FURTHER, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AMENDMENT NO. 2. WHEREAS, on July 17, 2013,the Mayor and City Commission adopted Resolution No. 2013-28276, authorizing the City and Global to negotiate and execute a Management Agreement between the City and Global Spectrum, L.P., d/b/a Spectra Venue Management ("Global") for the management of the Miami Beach Convention Center, Colony Theater(the "Management Agreement"); and WHEREAS, subsequently, the Administration entered into a Management Agreement with Global with an initial term that commenced on October 1, 2013 through September 30, 2016, with two one-year renewal options; and WHEREAS, in Resolution No. 2015-29191, the Mayor and City Commission approved Amendment No. 1 to the Agreement, extending the term of the Management Agreement through September 30, 2020; and WHEREAS, the City is currently in the process of completing the Miami Beach Renovation and Expansion Project ("MBCC Project"), which, since 2015, substantially reduced the availability of the Convention Center for events,thereby limiting Global's ability to book events and generate revenues under the Management Agreement; and WHEREAS, to ensure continuity of operations during the critical initial years following the completion of the Convention Center Project,the City Manager recommends the waiver of the competitive bidding requirement and approval of the proposed Amendment No. 2, a copy of which is attached to the Commission Memorandum accompanying this Resolution, with said Amendment No. 2 extending the term of the Agreement for an additional two years, commencing on October 1, 2020 and expiring on September 30, 2022, for a total term of nine years, including all prior renewals and extensions. 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 accept the written recommendation of the City Manager and waive, by 5/7th vote, the competitive bidding requirement pursuant to Section 2-367 of the City Code, finding such waiver to be in the best interest of the City, and approving Amendment No. 2 to the City's agreement with Global Spectrum, L.P. D/B/A Spectra Venue Management ("Global"), for the operation, management, maintenance, promotion and marketing of the Miami Beach Convention Center, with said Amendment No. 2 extending the term of the Agreement for an additional two year period, commencing on October 1, 2020 and expiring on September 30, 2022; and further authorizing the Mayor and City Clerk to execute Amendment No. 2. PASSED and ADOPTED this is day of 5e/41(44er: 2018. ATTEST: an Gelber, Mayor 77—A7q'r/ )IF Rafael E. Granado, City Clerk i A _ APPROVED AS TO FORM&LANGUAGE &FOR EXECUTION iII iINCORp/ lCRF'ii= \/,)C 1�'�� City Attorney `,RP Deb N: y 26i Resolutions - R7 W MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: September 12, 2018 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE WRITTEN RECOMMENDATION OF THE CITY MANAGER AND WAIVING, BY 5/7TH VOTE, THE COMPETITIVE BIDDING REQUIREMENT PURSUANT TO SECTION 2-367 OF THE CITY CODE, FINDING SUCH WAIVER TO BE IN THE BEST INTEREST OF THE CITY, AND APPROVING AMENDMENT NO. 2 TO THE CITY'S AGREEMENT WITH GLOBAL SPECTRUM, L.P. D/B/A SPECTRA VENUE MANAGEMENT ("GLOBAL"), FOR THE OPERATION, MANAGEMENT, MAINTENANCE, PROMOTION AND MARKETING OF THE MIAMI BEACH CONVENTION CENTER, WITH SAID AMENDMENT NO. 2 EXTENDING THE TERM OF THE AGREEMENT FOR AN ADDITIONAL TWO YEAR PERIOD, COMMENCING ON OCTOBER 1, 2020 AND EXPIRING ON SEPTEMBER 30, 2022; FURTHER, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AMENDMENT NO. 2. RECOMMENDATION The Administration recommends that the City extend the Management Agreement with Spectra Management Group to operate, manage, maintain, promote and market the Miami Beach Convention Center by two(2) years to expire September 30, 2022. ANALYSIS On July 17, 2013, the Mayor and City Commission adopted Resolution No. 2013-28276, authorizing the City and Global to negotiate and execute a Management Agreement between the City and Global Spectrum, L.P., d/b/a Spectra Venue Management ("Global") for the management of the Miami Beach Convention Center, Colony Theater(the"Management Agreement"). Subsequently, the Administration entered into a Management Agreement with Global with an initial term that commenced on October 1, 2013 through September 30, 2016, with two one-year renewal options. In Resolution No. 2015-29191, the Mayor and City Commission approved Amendment No. 1 to the Agreement, extending the term of the Management Agreement through September 30, 2020. In Fall 2018, the $620 million renovated and e>q>anded Miami Beach Convention Center ("MBCC") will reopen to great expectations from the local, regional and national communities. After three (3) years of living and working through construction which substantially reduced the availability of MBCC for events, thereby limiting Global's ability to book events and generate revenues under the Management Agreement, the renovated center will now host 500,000 square feet of renovated e#>ibit Page 1572 of 1802 space, a 60,000 square foot grand ballroom, 20,000 square foot glass rooftop junior ballroom and 84 meeting rooms. The Center can now host now more than 10,000 for a formal dinner, accommodate 800 vehicles in rooftop parking, and will continue to host world-class events such as Art Basel, CA World, and launch new events such as Grand Basel, the 100th anniversary of the NFL - Super Bowl LIV, and potentially the Democratic National Convention in 2020. Currently, Global is contracted to operate, manage, maintain, promote and market the MBCC until 2020. During the renovation, the Center was managed by interim senior management. In the last few months, Global has hired an assistant general manager as well as reorganized the personnel structure in an effort to be more effective, efficient and productive. In addition, as of September 4, a new general manager has assumed the oversight of the daily operations and strategic leadership of MBCC to position the Center competitively in the national and international meetings and events community and manage the final touches of the renovations. This individual brings two decades of management experience with the two convention centers in Boston, MA. and I personally interviewed him and am excited about his joining the team. With the assistance and direction of senior City of Miami Beach leadership, MBCC will build upon clear, consistent and strategic goals; leverage strategic relationships and partnerships; re-engage with the community; continue to attract and retain the best in class professional team members and vendors; and keep ahead of competition and position MBCC amongst the top globally significant convention centers in the world. To ensure continuity of operations during the critical initial years following the completion of the Convention Center Project and the retention of talented senior management staff, the City Manager recommends the waiver of the competitive bidding requirement and approval of the proposed Amendment No. 2, a copy of which is attached to the Commission Memorandum accompanying this Resolution, with said Amendment No. 2 extending the term of the Agreement for an additional two years, commencing on October 1, 2020 and expiring on September 30, 2022, for a total term of nine years, including all prior renewals and extensions. CONCLUSION In view of the impending re-opening of MBCC, the new change in Global's senior staffing, and the potential for the Center to host major events such as the Super Bowl and Democratic National Convention in 2020, the Administration recommends a waiver of the City's competitive bidding requirements of Section 2-367 of the City Code, for the limited purpose of authorizing an additional extension of the Management agreement for a two (2) year period, as it is in the best interests of the City to extend the Management Agreement for the operation, management, maintenance, promotion and marketing of MBCC through September 30, 2022 to ensure continuity of management and delivery of services for the MBCC. KEY INTENDED OUTCOMES SUPPORTED Mabmize The Miami Beach Brand As A World Class Destination Legislative Tracking Tourism, Culture and Economic Development Page 1573 of 1802 ATTACHMENTS: Description o Global Spectrum Amendment 2 Resolution ❑ Amendment No. 2 - Management Agreement CMB and Global Spectrum LP for MBCC Page 1574 of 1802 AMENDMENT NO. 2 TO THE MANAGEMENT AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND GLOBAL SPECTRUM L.P. FOR THE MIAMI BEACH CONVENTION CENTER This Amendment No. 2 to the Management Agreement, is made and entered into this day of , 2018, by and between the CITY OF MIAMI BEACH, FLORIDA, a municipal corporation having its principal office at 1700 Convention Center Drive, Miami Beach, Florida, 33139 (City), and GLOBAL SPECTRUM, L.P., d/b/a Spectra Venue Management, a Delaware limited partnership, whose current address is 3601 S. Broad Street, Philadelphia, PA 19148-5290 ("Global"). RECITALS WHEREAS, the City and Global are parties to a Management Agreement, dated October 7, 2013, pursuant to which the City engaged Global to manage and operate the Miami Beach Convention Center (the Management Agreement, as so amended and modified, is referred to herein as the"Agreement"); and WHEREAS, the initial term of the Agreement was three (3) years, ending on September 30, 2016, subject to the City's right to extend the term for an additional two (2)years; and WHEREAS, on October 21, 2015, in Resolution No. 2015-29191, the Mayor and City Commission approved Amendment No. 1 to the Agreement, extending the term thereof through September 30, 2020; and WHEREAS, capitalized terms used herein and not defined herein shall have the meaning given to such terms in the Agreement. NOW, THEREFORE, in consideration of the mutual premises, covenants and agreements herein contained, and other good and valuable consideration, in receipt and adequacy of which are hereby acknowledged and intending to be legally bound, the City and Global hereby amend the Agreement as follows: 1. The aforestated recitals are true and correct and incorporated by reference herein. 2. The City hereby extends the Term of the Agreement for an additional two (2) year period (the "2020 Renewal Term")with such 2020 Renewal Term commencing on October 1, 2020, and ending on September 30, 2022. Global hereby accepts such extension, and hereby confirms that the 2020 Renewal Term shall commence on October 1, 2020, and end on September 30, 2022. 3. No Further Modifications. Except as provided in this Amendment No. 2, the Agreement remains unmodified and in full force and effect. All references to the Agreement in the Agreement or in any other document referencing the Agreement shall be deemed to refer to the Agreement as amended hereby. (REMAINDER OF PAGE LEFT INTENTIONALLY BLANK) Page 1577 of 1802 IN WITNESS WHEREOF, this Amendment has been duly executed by the parties hereto as of the day and year first above written. ATTEST: CITY OF MIAMI BEACH, FLORIDA Rafael E. Granado, City Clerk Dan Gelber, Mayor GLOBAL SPECTRUM, L.P. d/b/a Spectra Venue Management ATTEST: Chief Operating Officer Secretary Print Name APPROVED AS TO FORM&LANGUAGE & FOR EXECUTION q(4(Ik Oly Attorney Rp\e Data Page 1578 of 1802