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HomeMy WebLinkAboutR-91-0508J-91-570 7/2/91 RESOLUTION NO. 9 1- - 508 A RESOLUTION ACKNOWLEDGING RECEIPT, OPENING, READING, AND THE REFERRING TO THE CITY MANAGER FOR TABULATION AND REPORT, THOSE BIDS AUTHORIZED TO BE RECEIVED THIS DATE UNDER RESOLUTION NO. 91-449, ADOPTED JUNE 20, 1991, FOR THE SALE OF $7,000,000 SANITARY SEWER SYSTEM BONDS AND $3,000,000 FIRE FIGHTING, FIRE PREVENTION AND RESCUE FACILITY BONDS OF THE CITY OF MIAMI, FLORIDA. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The bids authorized to be received this date under Resolution No. 91-449, adopted June 20, 1991, for the sale of $7,000,000 Sanitary Sewer System Bonds, and $3,000,000 Fire Fighting, Fire Prevention and Rescue Facility Bonds of the City of Miami, Florida, are hereby acknowledged as having been received, opened, read and referred to the City Manager for tabulation and report. Section 2. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this llth day of /fly r\ , 1991. ATTEST!`: MATTY 'HIRAI City Clerk PREPARED AND APPROVED BY: RAFAEL'O. DIAZ Chief Assistant C' y Attorney ROD/pb/gmb/M2345 XAVIER L.. ,$UAREZ , MAYOR APPROVED AS TO FORM AND CORRECTNESS: -�/ a. '17�"/'O'�4 J.�v'7 JO E L E City Attorn CITY COmmsiox Mi"MG OF JUL 11 � ��� �91 - 5 0 S : 3 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Mayor and Members DATE ,JUN Z 11991 FILE of the City Commission FROM Cesar H. Odio City Manager SUBJECT City Commission Agenda Item - Bids for General REFERENCES .Obligation Bond Sale ENCLOSURES. it is respectfully recommended that the attached resolution to receive, open, read and refer to the City Manager for tabulation and report bids authorized to be received this date for the sale of $7,000,000 Sanitary Sewer System Bonds and $3,000,000 Fire Fighting, Fire Prevention and Rescue Facility Bonds of the City of Miami, Florida, be approved. BACKGROUND• The City Commission approved on June 20, 1991 the sale of $10,000,000 in general obligation bonds by public bid to fund the cash requirements of capital improvement projects. Once bids are received by this resolution, they will be tabulated with the lowest bid to be recommended to the City Commission to award the sale of the bonds. 91-- 508