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HomeMy WebLinkAboutR-86-0495A It J-86-533 6/18/86 RESOLUTION N0. 8(;-- ` 95, A RESOLUTION TO RECEIVE, OPEN, READ AND REFER TO THE CITY MANAGER FOR TABULATION AND REPORT BIDS AUTHORIZED TO BE RECEIVED THIS DATE UNDER RESOLUTION NO. 86-437 FOR THE SALE OF $12,000,000 POLICE HEADQUARTERS AND CRIME PREVENTION FACILITIES BONDS, $5,000,000 STORM SEWER IMPROVEMENT BONDS, $3,000,000 SANITARY SEWER SYSTEM BONDS AND $2,000,000 STREET AND HIGHWAY IMPROVEMENT BONDS OF THE CITY OF MIAMI. 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. 86-437 for the sale of $12,000,000 Police Headquarters and Crime Prevention Facilities Bonds, $5,000,000 Storm Sewer Improvement Bonds, $3,000,000 Sanitary Sewer System Bonds and $2,000,000 Street and Highway Improvement Bonds of the City of Miami, Florida, be, and they are hereby received, opened, read and referred to the City Manager for tabulation and report. PASSED AND ADOPTED this 26th day of June, 1986. ,�L AT S VIER L. SIIA EZ, MAYOR MAT Y HIRAI, CITY CLERK PREPARED AND APPROVED BY: 4 1 & - y - 7f" ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED/AyVTO FORM AND CORRECTNESS: LUCIA A. DOUG CITY ATTORNEY RFC/rr/M151 W-OMISSION NEETIN0. Or JUN 26 ON ION Nu, 86- 4951 STATE OF FLORIDA ) ) SS: COUNT OF DADE ) I, MATTY HIRAI, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that the attached and foregoing page contains a true and correct copy of a resolution adopted by the Commission of said City at a meeting held on the 26th day of June, 1986. SAID RESOLUTION WAS DESIGNATED RESOLUTION NO. 86-495. IN WITNESS WHEREOF, I hereunto set my hand and impress the Official Seal of the City of Miami, Florida this 9th day of July , 1986. (Official Seal) Matty Hirai City Clerk Miami, Florida By : - , A- hv�,� Deputy C ty Clerk 86-495. A - -- -- CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and Members of the City Commission FROM: Cesar H. Odio City Manager 0 DATE: June 17, 1986 IL`, SUBJECT: REFERENCES: ENCLOSURES: Agenda Item Meeting of June 26, 1986 25 It is 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 under Resolution 86-437 for the sale of $12,000,000 Police Headquarters and Crime Prevention Facilities Bonds, $5,000,000 Storm Sewer Improvement Bonds, $5,000,000 Sanitary Sewer System Bonds, and $2,000,000 Street and Highway Improvement Bonds of the City of Miami, be approved. The City Commission authorized the publication of notice of sale and a preliminary official statement pertaining to $22,000,000 of the City of Miami General Obligation Bonds. This bond sale is composed of the following issues: $12,000,000 Police Headquarters and Crime Prevention Facilities Bonds. $ 5,000,000 Storm Sewer Improvements $ 3,000,000 Sanitary Sewer Improvements $ 2,0001000 Street and Highway Improvements $229000,000 These bond proceeds will finance the construction of the Model City and Little Havana Police Substations as well as other miscellaneous Police projects. The City will be able to continue the sewer and highway construction programs as already approved by the City Commission through its Capital Projects Appropriations. This resolution authorizes bids to be received at 10:00 a.m., by the City Commission, open read and refer them to the City Manager for tabulation. A sepa.rate resolution will award the sale to the lowest responsible bidder once interest rates and other details are verified by the City Manager. cc: Law Department 86-'495',