HomeMy WebLinkAboutR-20-0302City of Miami
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Legislation
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Resolution: R-20-0302
File Number: 7944
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/24/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
PURSUANT TO THE GOVERNOR'S EXECUTIVE ORDERS 20-69 AND 20-246,
SCHEDULING A VIRTUAL SPECIAL CITY COMMISSION MEETING ON
WEDNESDAY, OCTOBER 14, 2020 AT 11:00 A.M. TO BE BROADCAST FROM
MIAMI CITY HALL FOR THE PURPOSES OF DISCUSSING AND TAKING ANY
AND ALL ACTIONS, INCLUDING, BUT NOT LIMITED TO, ANY DIRECTIVES,
RESOLUTIONS, ETC. RELATING TO AFFORDABLE HOUSING, ALSO
INCLUDING THE POSSIBLE ADOPTION OF A RESOLUTION OF THE MIAMI
CITY COMMISSION, WITH ATTACHMENT(S), AMENDING AND
SUPPLEMENTING RESOLUTION NO. R-19-0111 ADOPTED BY THE CITY
COMMISSION ON MARCH 14, 2019, WHICH AUTHORIZED THE CITY
MANAGER, THE CITY ATTORNEY, AND BOND COUNSEL TO TAKE ANY
AND ALL STEPS NECESSARY TO VALIDATE THE APPROVED AND
EXPECTED FUTURE EXPENDITURES NOT TO EXCEED ONE HUNDRED
MILLION DOLLARS ($100,000,000.00) OF THE AGGREGATE PRINCIPAL
TOTAL AMOUNT OF THE AFFORDABLE HOUSING AND ECONOMIC
DEVELOPMENT PORTION OF THE MIAMI FOREVER BONDS IN ORDER TO
REFLECT THE CHANGES TO FOUR (4) OF THE PROGRAM TYPE
STANDARD OPERATING PROCEDURES FOR THE AFFORDABLE
HOMEOWNERSHIP STRATEGY, AFFORDABLE NEW CONSTRUCTION
RENTAL STRATEGY, AFFORDABLE WORKFORCE NEW RENTAL
STRATEGY, AND HOMEOWNERSHIP PRESERVATION STRATEGY, ALL AS
SET FORTH IN COMPOSITE EXHIBIT "A," ATTACHED AND INCORPORATED.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. Pursuant to the Governor's Executive Orders 20-69 and 20-246, a virtual
Special City Commission Meeting is hereby scheduled for Wednesday, October 14, 2020 at
11:00 a.m. to be broadcast from Miami City Hall for the purposes of discussing and taking any
and all actions, including, but not limited to, any directives, resolutions, etc. relating to affordable
housing, also including the possible adoption of a resolution of the Miami City Commission, with
attachment(s), amending and supplementing Resolution No. R-19-0111 adopted by the City
Commission on March 14, 2019, which authorized the City Manager, the City Attorney, and
Bond Counsel to take any and all steps necessary to validate the approved and expected future
expenditures not to exceed One Hundred Million Dollars ($100,000,000.00) of the aggregate
principal total amount of the affordable housing and economic development bonds portion of the
Miami Forever Bonds in order to reflect the changes to the following four (4) Program Type
Standard Operating Procedures for the Affordable Homeownership Strategy, Affordable New
Construction Rental Strategy, Affordable Workforce New Rental Strategy, and Homeownership
Preservation Strategy, all as set forth in Composite Exhibit "A," attached and incorporated.
Section 2. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 1 of 2 File ID: 7944 (Revision:) Printed On: 1011312020
File ID: 7944
Enactment Number: R-20-0302
APPROVED AS TO FORM AND CORRECTNESS:
1
i 4naindez, City Attor iey 10/612020
City of Miami Page 2 of 2 File ID: 7944 (Revision:) Printed on: 1011312020