HomeMy WebLinkAboutAgenda Item Summary Form* IAEOAP OAALfA
AGENDA ITEM SUMMARY FORM
File ID: #7944
Date: 09/24/2020
Commission Meeting Date: 09/24/2020
Requesting Department: City Commission
Sponsored By:
District Impacted:
Type: Resolution
Subject: Scheduling of City Commission Special Meeting for October 14, 2020
Budget Impact Analysis
Total Fiscal Impact:
Reviewed By
City Commission
Nicole Ewan
Meeting
Completed
09/24/2020 9:00 AM
Legislative Division
Valentin J Alvarez
Legislative Division Review
Completed
10/06/2020 12:59 PM
Office of the City Attorney
Richard Appleton
ACA Review
Completed
10/06/2020 2:02 PM
Office of the City Attorney
Barnaby L. Min
Deputy Attorney Review
Completed
10/06/2020 2:14 PM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
10/06/2020 5:37 PM
Office of the City Clerk
City Clerk's Office
Rendered
Completed
10/06/2020 5:39 PM
of
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11 °° Legislation 3500 Pan American Drive
g Miami, FL 33133
Resolution www.miamigov.com
Enactment Number: R-20-0302
File Number: 7944 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.
APPROVED AS TO FORM AND CORRECTNESS:
Vf ria i dez, ity ttor ey 10/6/2020
Pursuant to the resolution, this item became effective immediately upon adoption by the Commission.