HomeMy WebLinkAboutR-93-0289J-93-402
6/13/93
RESOLUTION so. 9 3` 289
A RESOLUTION APPROVING THE APPOINTMENT OF THE
LAW FIRMS OF FINE, JACOBSON, SCHWARTZ, NASH &
BLOCK AND THE MINORITY FIRM OF MANUEL
ALONSO-POCH TO PROVIDE BOND COUNSEL SERVICES
FOR THE REFUNDING OF THE CITY'S OUTSTANDING
INDUSTRIAL DEVELOPMENT REVENUE BONDS, SERIES
1988, IN THE APPROXIMATE AGGREGATE PRINCIPAL
AMOUNT OF $18,780,000, WITH FUNDS FOR SAID
SERVICES, IN AN AMOUNT NOT TO EXCEED $17.500,
PLUS EXPENSES OF $5,000, BEING ALLOCATED FROM
THE PROCEEDS OF SUCH REFUNDING.
WHEREAS, The City of Miami has determined that it would be
in its best interests to refinanoe its outstanding Industrial
Development Revenue Bonds, Series 1985, in the approximate
aggregate prinoipal amount of $16,750,000; and
WHEREAS, the City Commission authorized the City Attorney,
pursuant to Motion No. 93-258, adopted April 15, 1993, to solioit
bids from qualified law firms for the provision of bond oounsel
servioes for suoh refinancing; and
WHEREAS. the law firms of Fine, Jaoobson, Schwartz, Nash &
Blook and Manuel Alonso-Pooh submitted a low bid of $17,500 plus
a maximum of $5,000 in expenses;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
c'11't CO�S8I0�
STING OF
MAY 13 1993
93- 289
Section 1. The recitals and findings contained in the
Preamble to this Resol;ution are hereby adopted by reference
thereto and inoorporo,,ted herein as if fully set forth in this
Section.
Section 2. The appointment of the law firm of Fine,
Jacobson, Schwartz, Nash V Blook and the minority firm of Manuel
Alonso-Pooh to provide bond counsel servioes in oonneotion with
the refunding of the City's outstanding Industrial Development
Revenue Bonds, Series 1985, in the approximate aggregate
principal amount of $16,780,000, is hereby approved, with funds
-
for said services, in an amount not to exoeed $17,600 plus
expenses of $5,000, being hereby allocated from the proceeds of
such refunding.
Section 3. This Resolution shall beoome effective
-
immediately upon its adoption.
PASSED AND ADOPTED this 13th day of 19