HomeMy WebLinkAboutMaster ReportFile Number: 6018
Revision: A
City of Miami
Master Report
Enactment Number: R-19-0256
File Type: Resolution
File Name: Issue Financing - New City Administrative Building
Requesting Dept: Office of Management and Budget
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED
Controlling Body: City Commission
Introduced: 6/3/2019
Final Action Date: 6/27/2019
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
DECLARING THE OFFICIAL INTENT OF THE CITY OF MIAMI, FLORIDA ("CITY") TO
ISSUE TAX-EXEMPT AND TAXABLE SPECIAL OBLIGATION BONDS OR ANY OTHER
FINANCING MECHANISM ADVANTAGEOUS TO THE CITY ("FINANCING
MECHANISM"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY AND BOND
COUNSEL, IN THE EXPECTED TOTAL MAXIMUM AGGREGATE PRINCIPAL
AMOUNT OF ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000.00) IN
ORDER TO, AMONG OTHER THINGS, REIMBURSE ITSELF FROM THE PROCEEDS
OF SUCH SPECIAL OBLIGATION BONDS OR FINANCING MECHANISM FOR FUNDS
ADVANCED BY THE CITY FOR CERTAIN EXPENSES INCURRED WITH RESPECT
TO THE ACQUISITION OF REAL PROPERTY, THE DEVELOPMENT,
CONSTRUCTION, AND INSTALLATIONS FOR A NEW CITY ADMINISTRATION
BUILDING AND RELATED PARKING FACILITIES, AND FOR CERTAIN CAPITAL
IMPROVEMENTS INFRASTRUCTURE PROJECTS RELATED THERE TO BE
LOCATED AT 230 SOUTHWEST 3RD STREET, MIAMI, FLORIDA (COLLECTIVELY,
"NEW CITY ADMINISTRATION COMPLEX PROJECTS"); ESTABLISHING CERTAIN
RELATED DEFINITIONS OF TERMS; AND AUTHORIZING CERTAIN FURTHER AND
INCIDENTAL ACTIONS BY THE CITY MANAGER, IN CONSULTATION WITH THE
CITY ATTORNEY AND BOND COUNSEL, AND SUCH OTHER APPROPRIATE
OFFICERS, EMPLOYEES, AND AGENTS OF THE CITY, AS THE CITY MANAGER
DEEMS NECESSARY, ALL AS REQUIRED FOR PURPOSES OF SECTIONS 103 AND
141-150 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED; FURTHER
AUTHORIZING RELATED AMENDMENTS TO THE CITY'S MULTI-YEAR CAPITAL
PLAN PREVIOUSLY ADOPTED SEPTEMBER 13, 2018, AS SUBSEQUENTLY
AMENDED.
Notes: Revision A has the Scrivener's amendment by law department and per legal opinion, it may
be certified instead of Original Revision.
Links:
Attachments: 6018 Exhibit (PDF)
6018 Scrivener's Error Memo (PDF)
6018 Legislation -SUB (PDF)
History of Legislative File:
Revision: Acting Body:
Christopher M Rose
Nikolas Pascual
Sandra Bridgeman
City Commission
City Commission
Date
6/4/2019
6/4/2019
6/4/2019
6/13/2019
6/13/2019
City of Miami Page 1 of 2
Action:
Department Head Review
City Manager Review
Assistant City Manager Review
Meeting
DEFERRED
Result:
Completed
Completed
Completed
Completed
Passed
Printed on: 2/10/2020
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City Commission
City Commission
Mayor's Office
City Clerk's Office
Outside Counsel
City of Miami
Master Report
Enactment Number:
6/27/2019
6/27/2019
7/8/2019
7/8/2019
1/21/2020
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
R-19-0256
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Outside Counsel
Completed
Passed
Completed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 2/10/2020