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LTC 100-2024 L TC from the Ocean Drive Association Regarding Future Proof Citywide ConferenceMIAMI BEACH OFFICE OF THE CITY CLERK LTC# 100-2024 LETTER TO COMMISSION TO: FROM: DATE: SUBJECT: Mayor Steven Meiner and Members of the City Commission Alina T. Hudak, City Manager Rafael A. Paz, City Attorney .7 March 20, 2024 L TC from the Ocean Drive Association Regarding Future Proof Citywide Conference On behalf of the Ocean Drive Association Board of Directors, attached please find a Letter to Commission regarding - Future Proof Cityw ide Conference. F:\CLER\$ALL\L TC FROM ASSOCIATIONS\OCEAN DRIVE 03202024.docx March 19, 2024 Via Email Mayor Steven Meiner Commissioner Tanya Bhatt Commissioner Laura Dominguez Commissioner Alex Fernandez Commissioner Joe Magazine Commissioner Kristen Rosen Gonzalez Commissioner David Suarez City Manager Alina Hudak Subject: Future Proof Citywide Conference Dear Honorable Mayor, Commissioners and Madame Manager: We are writing on behalf of the Ocean Drive Association to indicate our strong support for the proposed FUTURE PROOF Financial Conference projected for Miami Beach in March 2025. We understand it is coming before FERC for consideration and possible approval. We believe that hosting the high-quality, purpose-driven event of the sort that FUTUREPROOF provides would be distinctly positive for our Miami Beach. This is needed especially for the month of March which has been such a challenging period for our community. With an estimated initial attendance of up to 3,000 finance professionals, this b2b event promises minimal impact on our infrastructure while offering significant economic benefits. It is designed with Sunday evening participant arrival and Wednesday departure. That "stay pattern" is exactly what convention destinations and the hotels and restaurants that operate within them covet most. Further, if successful, this event has the potential to grow substantially in the coming years and provide precisely the kind of tourism we seek during the month of March. Attendees at such a conference are also great new business targets for future highly sought-after conference business. We can recommend, without reservation, that the Commission support the proposed Future Proof Citywide conference. Thank you for considering our perspective. Respectfully, Ceci Velasco Executive Director For the Board of Directors BOARD OF DIRECTORS Chairman Jonathan Plutzik The Betsy Vice Chairman Jamil Dib V&E Restaurants Secretary Tom Glassie Avalon Hotel Treasurer Alfie Feola Altanini Realty Steven Boucher Baucher Brothers Management, Inc. Rory Greenberg The Collins Mark Muhlrad Starlite Hotel Salem Munayyer Nakash Holdings Scott Srebnick Goldman Properties Janet Suarez YUCA Hospitality Orlando Valdes Cavalier & Henrosa Hotels Ceci Velasco Executive Director