Title
RESOLUTION NO. 26R:05-88: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL, FLORIDA, APPROVING A SPONSORSHIP AGREEMENT BETWEEN BROWARD COUNTY AND THE CITY OF LAUDERHILL RELATED TO THE “BROWARD WELCOMES THE WORLD” INITIATIVE AND EVENTS ASSOCIATED WITH THE 2026 FIFA WORLD CUP; ACCEPTING SPONSORSHIP FUNDING IN AN AMOUNT NOT TO EXCEED ONE HUNDRED TWENTY-FIVE THOUSAND DOLLARS ($125,000.00) ON A REIMBURSEMENT BASIS; AUTHORIZING THE CITY TO ADMINISTER MUNICIPAL SUBAWARDS TO PARTICIPATING BROWARD COUNTY MUNICIPALITIES; ACKNOWLEDGING THE REQUIRED ONE-TO-ONE (1:1) MATCHING CONTRIBUTIONS APPLICABLE TO THE CITY AND PARTICIPATING MUNICIPAL SUBRECIPIENTS; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT AND RELATED DOCUMENTS, AND TO ADMINISTER, ALLOCATE, APPROVE, AND EXPEND FUNDING CONSISTENT WITH THE TERMS OF THE AGREEMENT AND THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. (REQUESTED BY VICE MAYOR, RICHARD CAMPBELL).
Body
Request Action:
Approval of Broward County Sponsorship Agreement associated with the Broward Welcomes the World initative.
Need Summary Explanation/ Background:
Broward County has approved sponsorship funding to the City of Lauderhill in an amount not to exceed One Hundred Twenty-Five Thousand Dollars ($125,000.00), on a reimbursement basis, for eligible World Cup-related events and activities pursuant to a Sponsorship Agreement between Broward County and the City of Lauderhill.
Cost Summary/ Fiscal Impact:
Reimbursable grant from Broward County up to $125,000 after a one to one match by Lauderhill and participating Cities subject to the County's Sponsorship agreement and City MOU.
Attachments:
1)Resolution;
2) COL World Cup Event Sponsorship Agreement
Budget Code Number(s): __________________________________
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] Federal Grant Funds
[ ] Sole Source [ ] Matching Required