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<br />Attachment number 2
<br />Page 3 of 13
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<br />City of Sunny Isles Beach
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<br />18070 Collins Avenue, Sunny Isles Beach, Florida 33160
<br />(305) 947-0606 phone (305) 949-3113 Fax
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<br />necessary arrangements, for all technical inspections, chief referee, scorers, and other personnel
<br />deemed necessary for the operation of a nationally sanctioned powerboat race;
<br />(14) All costs associated with the Event's sanctioning body including but not limited to
<br />fees, prize money, travel expenses, staff, promotion, etc.
<br />(15) All medical and safety teams, as well as all necessary medical, patrol, turn, tow, pace
<br />and course set boats and drivers and volunteers or staff at a level deemed sufficient by the City;
<br />(16) All equipment, supplies, and personnel to produce the race events including but not
<br />limited to, the helicopters, cranes, transport vehicles, boats, docks, fencing, tents, coolers, signs,
<br />banners, flags, buoys, registration computers/printers, lights, portable restrooms, security, ticket
<br />sales, media relations, and race coordination;
<br />(17) Advertising and promotion of race events as first approved by the City;
<br />(18) Police and fire as deemed necessary by the City or Miami-Dade County, that is not
<br />provided in-kind by the City (e.g. Coast Guard, Marine Patrol, Miami-Dade Fire, etc.);
<br />(19) Prize money, trophies and all other associated fees and costs; and
<br />(20) Prominent sponsor area in the Racer's Village for City promotional products.
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<br />2. Term. This Agreement is for the Race scheduled for Thursday, June 10, 2010,
<br />through Sunday, June 13, 2010, and shall terminate at the end of said Race. The Race shall be
<br />scheduled to include the following: One (1) memorial race to Bimini and back on Saturday, June
<br />12,2010. One (1) day of scheduled testing/qualifying/racing on Saturday, June 12, 2010. One
<br />(1) day of nationally sanctioned offshore powerboat racing along the shores of the City limits on
<br />Sunday, June 13,2010, with a minimum of three (3) and no more than six (6) racing events. The
<br />times for both dates shall be from 9:00 a.m. to 5:00 p.m. or as otherwise agreed to in writing by
<br />the parties. The number of races and category composition of the races may be modified
<br />depending on the number of boats registered to race in each category, the construction of the race
<br />course and in the interest of the safety of the offshore racers. The Chief Referee will be
<br />responsible for the determination of the number of races and category composition or as
<br />otherwise required by applicable Federal, State or local laws or the laws of the State of Florida
<br />and/or licenses, permits and approvals to conduct the Race.
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<br />3. Payment Schedule. The City shall pay the above referenced fees as follows:
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<br />(a) the City will pay Offshore Events LLC up to $20,000.00 anytime after execution
<br />of this Agreement and before April 15, 2010, upon presentation of invoices to the City and
<br />confirmation of commitment by national sanctioning organization.
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<br />(b) the City will pay Offshore Events LLC up to an additional $10,000.00 anytime
<br />after April 15, 2010, and May 15, 2010, upon presentation of invoices to the City and provided
<br />that all permits have been secured, verification of adequate safety personnel, insurance
<br />requirements are met and confirmation of financial ability to produce the race event as described
<br />above in Section 3.
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<br />(c) the City will pay Offshore Events LLC a final payment of $10,000.00 at the
<br />completion of race event but not later than 5 days following the race event, upon presentation of
<br />invoices to the City. This final payment may be reduced in the event the City finds it necessary
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<br />OFFSHORE EVENTS Powerboat Racing Agreement
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<br />3
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<br />Agenda Item NO.1 OC
<br />Date6\)'21/20 10
<br />Page
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<br />66
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