HomeMy WebLinkAboutR-82-0088RESOLUTION NO. 8 2 + 8 8
RESOLUTION APPROVING THE OFFICIAL STATEMENT
FOR THE BONDS OF THE CITY OF' MIAMI, FLORIDA,
DATED MARCH 1, 1982, AND RATIFYING THE
PRELIMINARY OFFICIAL STATEMENT, DATED FEBRUARY
1, 1982, AND ITS DISTRIBUTION BY THE DIRECTOR
OF FINANCE.
WHEREAS, the Director of Finance of The City of Miami
(the "City"), has submitted to the Commission of The City of
Miami (the "Commission"), and, pursuant to Resolution No. R2-77,
distributed the Preliminary Official Statement, dated February
1, 1982, containing data and information respecting the City,
Dade County and Parking Revenue Bonds (additionally secured by
Non -Ad Valorem Taxes), Series 1981, of the City in the principal
amount of $10,400,000, to be dated March 1, 1982.
WHEREAS, the Commission examined, considered and, by
said resolution, approved said Preliminary Official Statement;
and
WHEREAS, the Director of Finance expects to deliver to
the purchasers of said bonds the final Official Statement dated
March 1, 1982, pertaining to said bonds which shall be substantially
in the form of said Preliminary Official Statement, as approved
by the Commission of the City, with such changes, insertions and
amendments of a minor nature that are satisfactory to the Mayor;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF
THE CITY OF MIAMI, FLORIDA:
Section 1. Said Preliminary Official Statement, dated
February 1, 1982, as approved by the Commission and as distributed
to the prospective purchasers of the bonds by the Director of
Finance pursuant to Resolution No. R9_77 , is hereby ratified,
confirmed and approved in the form presented to the Commission
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CITY COMMISSION
MEETING OF
F E B 1 1 1982
82-88
RESOLUTIONNO......................
REMARKS: ..........
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with such minor changes, insertions and omissions as the Mayor of
the City shall approve (said Preliminary Official Statement, as
so revised, is herein called the "Official Statement").
Section 2. The Mayor of the City is hereby authorized
and directed to sign said Official Statement for and on behalf
of the City and the signature of the Mayor on such Official State-
ment shall be conclusive evidence of his approval, as herein
authorized, of any such changes, insertions and omissions in said
Official Statement.
Section 3. The distribution of the Preliminary Official
Statement by the Director of Finance to the prospective purchasers
of the bonds is hereby ratified, confirmed and approved, and the
purchasers of said bonds are hereby authorized to use the Official
Statement in connection with the offering and sale of said bonds.
PASSED AND ADOPTED this llth day of February, 1982.
ATTEST:
Ra ph G. Ongie, City
er
PREPARED AND APPROVED BY:
Deputy Vfty Attor y
W
APPROVED
AS
TO FORM
AND CORRECTNESS:
i
?ZGeordgeAFL.JK�nox,
Jr.
City Attorney
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MAitarrF a FE'RRE --
Maurice A. Ferre, Mayor
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TO Howard V. Gary
City Manager
FROM Carlos E. Garcia
Director of Financ
01
CITY OF MIAMI. FLORIDA
INTER -OFFICE. MEMORANDUM
DATE January 28, 1982
SUB:ECr Agenda Item
REFERENCES
ENCLOSURES
FILE:
It is recommended that the attached resolutions
in reference to the sale of $10,400,000 Parking
Revenue Bonds (Additionally secured by Non -Ad
Valorem Revenues), Series 1981, be adopted by
the City Commission.
The attached resolutions will allow the City to accept bids and award
sale of the $10,400,000Park ino Revenue Bonds approved for sale by the
City Commission on January 28, 1982.. These resolutions must be adopted
at the meeting of February 11, 1982, in the following order and at the
suggested times:
11:00 a.m. Resolution to receive, open, read and refer to the
City Manager for tabulation and report bids.
11:00 a.m. Resolution approving the Official Statement for the
bonds.
11:55 a.m. Resolution awarding the bonds to the lowest bidder.
CEG:hb
cc: George F. Knox, Jr., City Attorney
R. Rosencrantz, Assistant City Manager
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