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HomeMy WebLinkAboutR-82-0484RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO PAY THE AMOUNT OF $63,437.66 FOR PRINTING SER- VICES IN CONJUNCTION WITH THE GOVERNMENT CENTER PARKING GARAGE TO BEND. H. TYRRELL FOR SERVICES PROVIDED TO THE CITY ON THE SALE OF $10,400,000 REVENUE BONDS. FUNDS FOR PAYMENT OF THESE SER- VICES ARE AVAILABLE FROM THE BOND ISSUE PROCEEDS. WHEREAS, the City, through its financial advisors, James J. Lowrey & Company, retained the company of Benj. H. Tyrrell, as printers on the sale of $10,400,000 Parking Garage Revenue Bonds, Series 1981; and WHEREAS, these services required numerous changes, proofs, and printings due to the complexity of revenue bonds issues, as well as mailing of the preliminary official statement and notices of sale; and WHEREAS, the bond sale was successfully completed on March 4, 1982, with the delivery of the check to the City of Miami; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: SECTION I. That the City Manager is authorized to pay to the company of Benj. H. Tyrrell, the sum of $63,437 .66, as complete and full payment for printing services rendered in relation to the issue of $10,400,000 City of Miami, Florida, Parking Revenue Bonds, (Additionally Secured by Non Ad Valorem Revenues), Series 1981. PASSED AND ADOPTED THIS 27 T: RALPIT G. ONGIE, CITY CLE PREPARED AND APPROVED BY: DEPUTY CITY ATTORNEY APP D AS TCORRECTi'L S S : GEORG10 F. KNOX, JR.,,CIT ATTORNEY day of MAY , 1982. MAURICE A. FERRE MAURICE A. FERRE, MAYOR CITY COMMIUi011t MEETING OF MAY 2 7 1982 so LO ID I�JT i7-�.`.FFiC'h'r.l`{!' T`l�iar;{DUP+i -�rI Howard V. Gary ?�. ; #yril 27, 1982 riLE City Manager /9 d Agenda Item Carlos E. Garcia, ' Director of Finance/�� It is requested that the attached resolution be approved by the City Commission authorizing the City Manager to pay the amount of $63,437.66 for printing services in conjunction with the Government Center Parking Garage Revenue Bonds, to the company of Benj. H. Tyrrel. Funds for payment of these ser- vices are available from the bond issue proceeds. The company of Benj. H. Tyrrel provided the City of Miami with excellent printing services during the preparation of the Official Statement, Notice of Sale and other documents in conjunction with the sale of revenue bonds for the Government Center Parking Garage. The sale was closed on March 4, 1982. Because of the complexity of revenue bond sales, numerous modifi- cations were made to the official statement to reflect rapidly changing market conditions. The City's financial advisors, James J. Lowrey & Co., and the City's Finance Director have reviewed the invoice for these services, and have recommended payment out of funds available from the bond issue. cc: George F. Knox, Jr. City Attorney $2-'484 -