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Home My WebLink AboutMaster Report01-41 City of Miami Master Report � IA'fk t> m File Number: 7798 Revision: A Enactment Number: R-20-0315 File Type: Resolution File Name: Amend Supplemental Resolution - Santander Bank City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Status: ADOPTED Controlling Body: City Commission Introduced: 8/21 /2020 Requesting Dept: Department of Finance Final Action Date: 10/8/2020 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER A DULY ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S WRITTEN RECOMMENDATIONS AND FINDINGS, ATTACHED AND INCORPORATED AS EXHIBIT "A", PURSUANT TO SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"); WAIVING THE REQUIREMENTS FOR ADDITIONAL COMPETITIVE SEALED BIDDING METHODS AND PROCEDURES AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CITY OF MIAMI ("CITY"); AMENDING AND SUPPLEMENTING THE PROVISIONS OF RESOLUTION NO. R-19-0207 ADOPTED MAY 23, 2019, ATTACHED AND INCORPORATED AS PART OF COMPOSITE EXHIBIT "A" ("MASTER RESOLUTION"), FOR THE CITY OF MIAMI'S ("CITY") TAX-EXEMPT MASTER VEHICLE LEASE PURCHASE AGREEMENT, ATTACHED AND INCORPORATED AS PART OF COMPOSITE EXHIBIT "A" ("MASTER AGREEMENT"), WITH SANTANDER BANK FOR THE PROVISION OF CAPITAL FINANCING FOR THE ACQUISITION OF POLICE VEHICLES, GENERAL LIGHT FLEET VEHICLES, GENERAL HEAVY FLEET VEHICLES, AND FIRE APPARATUS VEHICLES AND FOR PAYMENT OF THE FINANCING COSTS OF THE SAME IN AN AMOUNT NOT TO EXCEED THIRTY-SIX MILLION DOLLARS ($36,000,000.00), WHICH WAS ORIGINALLY ADVERTISED PURSUANT TO THE REQUEST FOR PROPOSALS ISSUED APRIL 22, 2019 BY THE CITY'S FINANCIAL ADVISOR PUBLIC FINANCIAL MANAGEMENT, INC. ("PFM") WITH THE ORIGINAL SELECTION OF THE PROPOSAL SUBMITTED BY SANTANDER BANK; APPROVING THE CHANGES OF MAXIMUM INTEREST RATE AND INTEREST RATE CALCULATION FORMULA AS DESCRIBED IN EXHIBIT "B," ATTACHED AND INCORPORATED, FOR THE SECOND DRAW NOT TO EXCEED SIXTEEN MILLION, THREE HUNDRED EIGHTEEN THOUSAND, EIGHT HUNDRED SEVENTY-SEVEN DOLLARS AND NINETY-EIGHT CENTS ("SECOND DRAW") AND ANY FUTURE DRAWS THEREAFTER UNDER THE MASTER AGREEMENT THROUGH MARCH 30, 2021 FOR THE REMAINING TOTAL AMOUNT UNDER THE MASTER RESOLUTION AND MASTER AGREEMENT NOT TO EXCEED TWENTY-SIX MILLION, SEVEN HUNDRED FORTY-THREE THOUSAND, SEVEN HUNDRED TWENTY-ONE DOLLARS AND FORTY-FOUR CENTS ($26,743,721.44); AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A SUPPLEMENT AND AMENDMENT TO THE MASTER AGREEMENT FOR SAID CHANGES IN THE MAXIMUM INTEREST RATE AND INTEREST RATE CALCULATION FORMULA FOR THE SECOND DRAW AND ANY FUTURE DRAWS THEREAFTER, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY AND TAX- EXEMPT LEASE/PURCHASE COUNSEL, AND ANY AND ALL OTHER AMENDMENTS AND DOCUMENTS REQUIRED BY SAID MASTER AGREEMENT PROVIDED THAT THE TERMS ARE CONSISTENT AND IN A FORM ACCEPTABLE TO THE CITY ATTORNEY AND TAX-EXEMPT LEASE/PURCHASE COUNSEL; FURTHER AUTHORIZING THE CITY MANAGER TO TAKE ANY AND ALL ACTIONS NECESSARY TO EFFECTUATE SAID LEASE/PURCHASE ACQUISITIONS OF THE CAPITAL EQUIPMENT TO BE FUNDED BY THE SECOND DRAW AND ANY FUTURE DRAWS UNDER THE MASTER AGREEMENT, AS AMENDED, THROUGH MARCH 30, 2021, City of Miami Page 1 of 2 Printed on: 1012912020 City of Miami City Hall 3500 Pan American Drive Miami, FL 33133 Master Report www.miamigov.com Enactment Number: R-20-0315 SUBJECT TO THE AVAILABILITY OF FUNDS AND BUDGETARY APPROVAL AT THE TIME OF NEED; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. Notes: Revision A has the Scrivener's amendment made by law department, and per legal opinion , it may be certified instead of the original version. Links: Attachments: 7798 Scrivener's Error Memo (PDF) 7798 Composite Exhibit A SUB (PDF) 7798 Exhibit B (PDF) 7798 Notice to the Public (PDF) 7798 Back -Up from Law Dept (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Erica T Paschal 9/2/2020 Department Head Review Completed Christopher M Rose 9/15/2020 Budget Review Completed Sandra Bridgeman 9/15/2020 Assistant City Manager Review Completed Arthur Noriega V 9/15/2020 City Manager Review Completed Victoria Mendez 9/15/2020 Approved Form and Completed Correctness City Commission 9/24/2020 Meeting Completed City Commission 9/24/2020 DEFERRED Passed City Commission 10/8/2020 Meeting Completed City Commission 10/8/2020 ADOPTED Passed Mayor's Office 10/14/2020 Unsigned by the Mayor Completed City Clerk's Office 10/14/2020 Signed and Attested by the City Completed Clerk City Clerk's Office 10/14/2020 Rendered Completed A Victoria Mendez 10/26/2020 Approved Form and Completed Correctness City of Miami Page 2 of 2 Printed on: 1012912020 l< City of Miami der h. Master Report ,a File Number: 7805 Revision: A Enactment Number: R-20-0312 File Type: Resolution File Name: Transfer Funds - Community Development Block Grant Requesting Dept: Department of Housing and Community Development City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Status: ADOPTED WITH MODIFICATION(S) Controlling Body: City Commission Introduced: 8/26/2020 Final Action Date: 10/8/2020 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), TRANSFERRING COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $1,574,636.20 AS WELL AS THE AMOUNT OF $99,820.80 FROM THE PREVIOUS YEAR'S PROGRAM INCOME, FOR A TOTAL AMOUNT OF $1,674,457.00, FROM THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT ("DEPARTMENT") TO THE AGENCIES SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR PUBLIC SERVICE ACTIVITIES; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING BUT NOT LIMITED TO AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE. Notes: Links: Attachments: 7805 Exhibit A SUB (PDF) 7805 Pre -Legislation (PDF) 7805 Notice to the Public (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Victoria Mendez 9/29/2020 Approved Form and Completed Correctness City Commission 10/8/2020 Meeting Completed City Commission 10/8/2020 ADOPTED WITH Passed MODIFICATION(S) A Mayor's Office 10/14/2020 Unsigned by the Mayor Completed A City Clerk's Office 10/14/2020 Signed and Attested by the City Completed Clerk A Victoria Mendez 10/22/2020 Approved Form and Completed Correctness with Modification(s) A City Clerk's Office 10/22/2020 Rendered Completed City of Miami Page 1 of 1 Printed on: 1012912020