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<br />RESOLUTION NO. 2008- I ~ 3;1 <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, APPROVING AN AGREEMENT <br />IN SUBST ANTIALL Y THE SAME FORM, WITH OFFSHORE <br />SUPER SERIES POWERBOAT RACING ASSOCIATION (OSS), FOR <br />OFF-SHORE POWERBOAT RACES IN SUNNY ISLES BEACH <br />SCHEDULED JUNE 21-22, 2008, IN AN AMOUNT NOT TO EXCEED <br />ONE HUNDRED TWENTY -FIVE THOUSAND DOLLARS <br />($125,000.00), ATTACHED HERETO AS EXHIBIT "A"; <br />AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT; <br />AUTHORIZING THE CITY ATTORNEY AND CITY MANAGER TO <br />DO ALL THINGS NECESSARY TO EFFECTUATE THE TERMS OF <br />THE AGREEMENT; PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of Sunny Isles Beach desires to present off-shore powerboat races from <br />Saturday, June 21,2008 through Sunday, June 22, 2008 to coincide with the City's 11 th Anniversary <br />Celebration; and <br /> <br />WHEREAS, the Offshore Super Series Powerboat Racing Association (OSS) services and <br />promotes the sport of Offshore Powerboat Racing and the individuals, firms corporations and other <br />business entities who participate therein and is an organization formed for the purposes of the <br />promotion, development, organization and operation of powerboat racing events under the name of <br />ass; and <br /> <br />WHEREAS, the OSS and the City are desirous of entering into a mutually beneficial <br />agreement whereby OSS members, boats and crews shall participate in the race; and <br /> <br />WHEREAS, the City wishes to enter into an agreement with Offshore Super Series <br />Powerboat Racing Association (OSS) for off-shore powerboat races in the City from Saturday, June <br />21,2008 through Sunday, June 22, 2008, in an amount not to exceed One Hundred Twenty-Five <br />Thousand Dollars ($125,000.00), attached hereto as Exhibit "A". <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of Agreement. The agreement, in substantially the same form, with <br />Offshore Super Series Powerboat Racing Association (OSS) for Off-Shore powerboat races in the <br />City from Saturday, June 21,2008 through Sunday, June 22, 2008, in an amount not to exceed One <br />Hundred Twenty-Five Thousand Dollars ($125,000.00), attached hereto as Exhibit "A", be, and the <br />same, is hereby approved. <br /> <br />Section 2. <br /> <br />Authorization of Mayor. The Mayor is hereby authorized to execute said Agreement. <br /> <br />R200S- Agrmt OSS Powerboat Racing Assn Page I of2 <br />