HomeMy WebLinkAboutMaster Report01'.41 City of Miami
Master Report
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File Number: 11137
Revision:
Enactment Number: R-21-0504
File Type: Resolution
File Name: Approve - Reimbursement for Auburndale Flood
Mitigation and East Flagami Flood Mitigation Projects
Requesting Dept: Commissioners and Mayor
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED
Controlling Body: City Commission
Introduced: 11 /30/2021
Final Action Date: 12/9/2021
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
DECLARING THE OFFICIAL INTENT OF THE CITY OF MIAMI ("CITY") TO ISSUE
BOTH TAXABLE AND TAX-EXEMPT GENERAL OBLIGATION BONDS PAYABLE
FROM AD VALOREM TAXES PROVIDED THAT THE CAPITAL PROJECTS DEBT
MILLAGE NOT EXCEED THE RATE OF 0.5935 MILLS IN ACCORDANCE WITH THE
NOVEMBER 7, 2017 BOND REFERENDUM APPROVED BY THE VOTERS, INITIALLY
IN AN EXPECTED NOT TO EXCEED TOTAL MAXIMUM PRINCIPAL AMOUNT OF
TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) IN ORDER TO, AMONG OTHER
THINGS, REIMBURSE THE CITY FOR FUNDS ADVANCED BY THE CITY FOR
CERTAIN EXPENSES INCURRED WITH RESPECT TO CAPITAL PROJECTS TO BE
UNDERTAKEN BY THE CITY TO REDUCE FLOODING RISKS, ALL AS INDICATED IN
THE ATTACHED PROJECT LIST IN EXHIBIT "A," ATTACHED AND INCORPORATED
(COLLECTIVELY, "TRANCHE 2 FLOOD MITIGATION PROJECTS"); ESTABLISHING
CERTAIN RELATED DEFINITIONS OF TERMS; AUTHORIZING CERTAIN FURTHER
AND INCIDENTAL ACTIONS BY THE CITY MANAGER IN CONSULTATION WITH THE
CITY ATTORNEY, BOND COUNSEL, DISCLOSURE COUNSEL, FINANCIAL ADVISOR,
CHIEF FINANCIAL OFFICER, FINANCE DIRECTOR, BUDGET DIRECTOR, 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 U.S. INTERNAL REVENUE
CODE OF 1986, AS AMENDED, AND FOR COMPLIANCE THEREWITH; FURTHER
AUTHORIZING RELATED AMENDMENTS TO THE CITY'S MULTI -YEAR CAPITAL
PLAN AS NECESSARY.
Sponsor(s): Commissioner Manolo Reyes
Notes:
Links:
Attachments: 11137 Exhibit A (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Victoria Mendez
11/30/2021
Approved Form and
Completed
Correctness
City Commission
12/9/2021
Meeting
Completed
City Commission
12/9/2021
ADOPTED
Passed
Mayor's Office
12/20/2021
Unsigned by the Mayor
Completed
City Clerk's Office
12/20/2021
Signed and Attested by the City
Completed
Clerk
City Clerk's Office
12/20/2021
Rendered
Completed
City of Miami Page 1 of 2 Printed on: 1212112021
City of Miami
Master Report
Enactment Number: R-21-0504
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 of 2 Printed on: 1212112021