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Home My WebLink AboutR-83-0919r 6 .J-83-934 10/24/83 rr'D-5 RESOLI_IT ION NO. A RESOLUTION RATIFYING, APPROVING AND CONFIRMING THE I:1.9T:R1,ENCY ACTION OF THE CITY MANAGER, BY A 4/5THS AFFIRMATIVE VOTE OF THE MEMf3FI?ti 1)F THE C[ TY COMMISSION, IN AUTHOR IIING THE PLACEMENT OF A HALF-PAGF ADVERTISEMENT IN THE LONDON FINANCIAL TIMES AT A COST NOT TO FXCEEO $121 544 WI TH FUNDS T11L.RFF0R ALLOCATED FROM THE INTERNATIONAL TRADE PROMOTION DEPARTMENTAL BUDGET. WHEREAS, the City Commission is committed to economic development and the expansion of trade and commerce; and WHEREAS, the influential LONDON FINANCIAL TIMES prepared a Supplement on "Miami as a Ranking Center" in its October 27th edition; and WHEREAS, this Supplement offered an overview of the various international banking operations based in Miami, as well as interviews with some of Lhe leading local and international bankers; and WHEREAS, this Supplement also zeroed -in on Miami as the fastest growing financial center in the United States; and WHEREAS, the unique and specialized nature of this particular advertising source precluded any other reasonable source of supply; and WHEREAS, due to time constraint, City Commission approval was not possible before the City Manager placed the herein advertisement in said Supplement; and WHEREAS, the City Manager has made a written finding that a valid emergency need existed for the procurement of the herein particular service which finding is herein approved and ratified; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: CITY C01TJ11VtISSI0rj MEETING Cpp OCT 25 1983 93-91 REMARKS. i Sent ion 1. The City Managr>r's emer(lency action in authorizing the, Placing of a halF-Per1e advertisement. in the I ONDON FINANCIAL T I MES at a rust not. t o exceed $12, 544 is hereby raf i Fied, approved, and con F i rined by an of f i rinat i v e vote of not less than 4.'Sths of the members of the City Commission with funds therefor hereby allocated from the International Trade Promotion Departmental Budget. PASSED AND ADOPTED this 25th day of October , 1983. Maurice A. Ferre MAURICE A. FERRE M A Y O R ATTEST: ALPH G. ONGIE, CITY CLER PREPARED AND APPROVED BY: ROBERT F. CLARK DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: ,kt,�71 4o,:� —le�� ,,JVSE R.FGARCIA--PEDROSA CITY ATTORNEY w' -2 - 83-91ci i Sect ion 1. The Cit.y Manager's ern(-r:1t nc_v action in authorizinq the p 1 3 r i n q of a half - page advertisement. in the 1 ONOON FINANCIAL TIMES at a cost not to exceed $12, 544 is hereby rat ified, approved, and conFirrned by an affirmative vote of not less than 4,",ths of the members of the City Commission with funds therefor hereby allocated from the International Trade Promot. inn Departmental Budget. PASSED AND ADOPTED this 25th day of October , 1983. Maurice A. Ferre MAUR ICE A. FERRE M A Y 0 R ATTEST: ALPN G ONGIE, CITY CLER PREPARED AND APPROVED BY: R B RT F. CLARK DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: SE GARCIA- EDR SA CITY ATTORNEY -2 - 83-91#-, 15, A TO Howard V. Gary City Manager CITY OF MIAMI. FLORIDA INTEW-OFF1C£ MEMORANDUM Charlotte Gallogly `ROM Director Department of Economic Development DATE: October 4, 1983 TILE: SUBJECT Miami Banking Supplement In The Financial Times REFERENCES: ENCLOSURES. London's influential Financial Times (1,000,000 daily circula- tion) is gearing up to produce a supplement on "Miami As A Banking Center" in its October 27th edition. This supplement is expected to be similar to a previous one produced by the Financial Times in October 1980 under the title of "Banking In Florida", which circulated extensively throughout Europe's financial capitals. The Miami supplement will offer an overview of the various inter- national banking operations based in Miami, as well as interviews with some of the leading local and international bankers. It will also zero -in on Miami as the fastest growing financial center in the United States despite the well -publicized problems of many Latin American countries which have traditionally been serviced from our city. Although the Department of Economic Development/Office of Public Information will be assisting the editors of the Financial Times with the needed background material and even photographs, we feel that this represents an excellent opportunity to include an official advertising message from the City of Miami to make our presence felt not only in London, but also in the important continental financial centers of Paris, Geneva, Zurich, Frankfurt, Brussels, and Amsterdam. We are therefore recommending the insertion of a half -page insti- tutional advertising message in this special supplement in order to convey and reinforce the concept that the local Miami banking_ market is as strong as ever for those seeking to enter in from Europe. The cost of this insertion, which would appear on the bottom -half of page 3 of the newspaper, is $12,544.00. The Department of Management and Budget has advised me that this zem can be funded from surpluses available in the Department of International Trade Promotion's FY '82-'83 budget. If you are in agreement with this proposal to bolster Miami's image as an international banking center, please indicate your approval. CG/ju APPROVED Howard V. Gary 83-91ci 15A CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM 'o Howard v . Gary oATe October 14, 1983 RILE, Citv_ Manager SUBJECT Resolution To Allocate S12,544.00 To The Financial Times For A Half -Page Ad - °RCM Charlotte Gallogly REFER ENcESVertisement Director Department of Economic Dev. ENCLOSURES October 25 , I983 Agenda Item "It is recommended that the Cit-.- Commission anprove the attached resolution ratifying, approving and confirming the actions of the City :Manager in placing an adver- tisement for one-half page in the London Financial Times and further allocating a sum not to exceed $12,544.00 to cover the cost of said advertisement." London's influential Financial Times (1,000,000 daily readership) is gearing up to produce a supplement on "Miami As a Banking Center" in its October 27th edition. This supplement is expected to be similar to a previous supplement produced by the Financial Times in October 1980 under the title of "Banking In Florida", which circulated extensively through Europe's financial capital. The :Miami supplement will offer an overview of the various inter- national banking ooerGtions based in Miami, as well as interviews :oiith some of the leading local and international bankers. It will also zero -in on Miami as the fastest growing financial center in the United States despite the :hell—oublicized. Problems of many Latin American countries which have traditionally been serviced from our Citv. ;4e feel that this supplement represents an excellent opportunity to include an official advertising message from the City of Miami to make our presence felt not only in London, but also in the important continental financial centers of Paris, Geneva, Zurich, Frankfurt, Srusse1s and nsterdam. It is therefore recommended that the City Commission approve the attached resolution ratifying, approving and confirming the actions of the City :Manager in placing an advertisement for one- '-alf page in the London Financial Tires and further allocating a sum not to ex ceeH S12,544.00 to cover the cost of said advertise- ment. Ne were unable 1:0 olace this item on an earlier Commission agen- da because this opportunity was only Presented to us during the first :week in Cc tober . CG/es Attachment 83-9151