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HomeMy WebLinkAboutR-95-0050J-9S-71 1/3/95 RESOLUTION NO. 9 5 - 50 A RESOLUTION APPROVING THE ADMISSION OF MEMBERSHIP OF THE CITY OF MIAMI BEACH TO THE SUNSHINE STATE GOVERNMENTAL FINANCING COMMISSION. WHEREAS, the City of Miami, Florida (the "City"), a Florida municipal corporation, is duly created and exists pursuant to the Constitution and laws of the State of Florida (the "State"); and WHEREAS, the City is a party to an interlocal agreement (the "Interlocal Agreement") with certain other governmental units in the State of Florida providing for the creation and operation of the Sunshine State Governmental Financing Commission (the "Commission"); and WHEREAS, the Interlocal Agreement provides that other cities and counties may become members of the Commission upon execution of the Interlocal Agreement and approval by the other members of the Commission; and WHEREAS, the City of Miami Beach has requested admission into the Commission; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. CITY COM MIssION MEETIRG OF JA N 1 2 s-115 Resolution No. 95- 50 Section 2. The Miami City Commission hereby approves the admission of membership of the City of Miami Beach to the Sunshine State Governmental Financing Commission. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 12th day of January 1995. ST PHEN P. CLAR MAYOR AT S e M$TTY HIRAI CITY CLERK PREPARED AND APPROVED BY: RAFAEL 0.�DI Z DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: A. QUI N JO E , III CITY ATTOR 9�zr BSS:M4868 95- 50 -2- CITY OF MIAMI, FLORIDA IN MEMORANDUM,.- 4 1 ri =�/n ^, 4 ti TO : Honorable Mayor and Members DATE : 2 2 & % �11n. ME DEC of the City Commission suaiEcr :Agenda Item FROM : Cesdio REFERENCES: a O City ger ENCLOSURES: CO _ENDATION: It is respectfully recommended that the attached resolution approving the admission of membership of the City of Miami Beach to the Sunshine State Governmental Financing Commission; providing certain other matters in connection therewith; and providing an effective date, be approved. B�CKG129UND The City of Miami joined the Sunshine State Governmental Financing Commission in 1987. Other members of the Commission at the time were the cities of Coral Gables, Lakeland, Orlando, Tallahassee and Vero Beach, and the counties of Dade, Palm Beach and Polk. The participation in the Commission has been very beneficial to the City of Miami since the City has obtained low interest loans for the acquisition of equipment and construction of capital projects. t The attached resolution approves the admission of membership of the City of Miami Beach to the Commission as requested by that City. 95- 50 �%%�