Broward County Commission Regular Meeting
Director's Name: Bertha Henry
Department: County Administration Division: Parks & Recreation
Information
Requested Action
title
MOTION TO APPROVE Second Amendment to Agreement between Broward County ("County") and Worldwide Sports Management Group, LLC ("Worldwide") for Promotion and Management of International Cricket Events and Major Cricket Events at Central Broward Regional Park reducing the Annual Guarantee, addressing the deferral of payment of fees owed by Worldwide to County and providing for additional time for Worldwide to become current on such fees, reducing the number of required event days, clarifying Worldwide's insurance requirements, modifying the capital improvements schedule, and eliminating Worldwide's obligation to provide internet services, retroactively effective as of June 14, 2020; and authorize the Mayor and Clerk to execute same. (Commission District 9)
body
Why Action is Necessary
Section 16.18 of the Agreement requires Board approval of amendments.
What Action Accomplishes
Reduces Worldwide's Annual Guarantee and the number of event days currently required, approves deferral of amounts owed to the County, and amends and clarifies certain other obligations of Worldwide, retroactive to June 14, 2020.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
THE PARKS AND RECREATION DIVISION RECOMMENDS APPROVAL OF THE ABOVE MOTION.
One June 14, 2017, County and Worldwide entered into an agreement for the promotion and management of International Cricket Events and Major Cricket Events at the stadium at Central Broward Regional Park (Item No. 73, Motion B). The 2017 agreement specifies a term of five years with up to two automatic, additional five-year renewal periods.
On March 5, 2019 (Item No. 38), County and Worldwide entered into a First Amendment to the Agreement (the 2017 Agreement and First Amendment, together, the "Agreement") to cla...
Click here for full text