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HomeMy WebLinkAboutCC 1987-01-08 Discussion Item (2)CITY OF MIAM1. FLORIDA INTER -OFFICE MEMORANDUM Honorable Mayor and Members January 7, 1987 TO of the City Commissiou DATE FILE SUBJECT City Commission Meeting January 8, 1987 FROM uoia A. Dougherty REFERENCES Agenda Items #24, #50, #57, ity Attorney and #84 ENCLOSURES (4) ITEM #24 - (Advertisement placement in stadiums) We have modified the proposed resolution which was distributed in the Packet to provide that, pending City Commission adoption of a schedule of rates or charges, any negotiated agreement for stadiums advertising must first be approved by the City Commission prior to the City Manager's execution thereof. The attached resolution replaces the draft that has been distributed. ITEM 450 - (MCDI allocation/Revolving Loan Fund and administrative operations) For clarity, the attached resolution contains a reference to a prior allocation of $30,000 toward the total appropriations of $120,000 for the administrative operations of MCDI. We also have referred to an authorized audit charge by the City Commission of $17,167 which is included within the remaining allocation of $90,000 for this agency. The attached resolution replaces the draft that has been distributed in the Packet. iTSI[ #87 - (Appointment of members to Health Facilities Authority) In the proposed resolution that has been distributed in the Packet, no provision was made for the fact that the members of the Authority serve staggered four (4) year terms pursuant to the enabling legislation. We are attaching a substitute resolution together with an explanatory memorandum which accurately identifies the different term expiration dates of the three members to be appointed. The attached resolution should be substituted for the draft contained in the Packet. IT K #84 - (Miamarina Renovation Project Funds) This proposed emergency ordinance properly amends the City's Capital Improvements Ordinance (Ordinance No. 10187) to provide funding for this capital improvement project from the proceeds of revenue bonds to be sold within the next several months. However, there must be an immediate allocation of funds for the cost of the project contract that was just awarded by the City Manager on an emergency basis (see Item #85). Mayor and City Commission January 7, 1987 City Commission Meeting Page 2 ITRm #84 (Cont'd) A resolution has been prepared and is attached which authorizes a temporary loan in amount not to exceed $1,704.000 from the General Fund, Special Programs ^d Accounts, to the Miamarina Enterprise Fund. This loan is to be repaid with proceeds of the 1987 Miamarina Revenue Bond Sale. Adoption of the approved attached resolution which is designated as Agenda Item #84.1 (J-87-71) is recommended by the Finance Director and the City Manager. LAD/RFC/bss/P313 co: Cesar H. Odic, City Manager Natty Hirai, City Clerk Carlos E. Garcia, Finance Director Frank Casteneda, Direotor, Department of Community Development Walter E. Golby, Direotor Department of Parks, Recreation and Public Facilities �rt