HomeMy WebLinkAboutR-80-05079
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RESOLUTION NO. 8 0- 5 0 7
RESOLUTION AUTHORIZING AND DIRECTING THAT
THE CITY MANAGER AND OTHER OFFICERS OF THE
CITY COOPERATE AND WORK WITH THE TRUSTEE,
THE DEPOSITARY, THE UNDERWRITERS, BOND
COUNSEL, THE LESSEES UNDER LEASE AGREEMENTS
WITH THE CITY AND OTHER PARTIES IN CONNEC-
TION WITH THE ISSUANCE AND DELIVERY OF THE
$60,000,000 CONVENTION CENTER AND PARKING
GARAGE REVENUE BONDS, THE CONSTRUCTION OF
THE CONVENTION CENTER, THE PARKING GARAGE
AND OTHER FACILITIES AND OTHER MATTERS RE-
LATING TO THE FINANCING AND CONSTRUCTION
OF SUCH FACILITIES.
BE IT RESOLVED by the Commission of The City of Miami:
Section 1. The City Manager and other appropriate
officers of the City are hereby authorized and directed to
cooperate and work with the Trustee and the Depositary, des-
ignated under the Trust Indenture securing the $60,000,000
Convention Center and Parking Garage Revenue Bonds (the
"Bonds"), the principal underwriter, bond counsel, the
lessees under the lease agreements with the hotel developer
and the trade center developer and with the University of
Miami, and other parties, and to take such action, prepare
or execute such certificates or other instruments or docu-
ments and otherwise facilitate the financing of the Con-
vention Center -Garage, as defined in said Trust Indenture,
the issuance and delivery of the Bonds to the Underwriters
and the construction of the Convention Center -Garage, all
consistent with applicable law, including ordinances and
resolutions of the Commission, and contracts of the City.
The City Manager and other appropriate officers of the
City are further authorized and directed to prepare or cause
to be prepared, review or cause to be reviewed and a�
"DOCUM SENT :11"DEX
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CITY COMMISSION
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or disapprove, in conformity with applicable law, applicable
contract provisions and requirements of the Trust Indenture,
all cost estimates, plans, specifications, contracts, change
orders, reports and other instruments, surety bonds, insur-
ance and other matters pertaining to the construction of
the Convention Center -Garage and, further shall require the
timely performance by contractors, developers and others of
their obligations under contracts with the City.
Section 2. The City Attorney is authorized and directed
to ascertain and determine that all legal instruments pertain-
ing to the financing and construction of the Convention Cen-
ter -Garage, including financing statements, other security
instruments relating to revenues and other funds pledged
under the Trust Indenture and all other instruments and
actions required to assure the security of the bonds under
the Trust Indenture have been duly and timely recorded or
filed, as required, or otherwise taken.
Section 3. The City Manager and members of his staff
are authorized and directed to prepare and sign requisitions
and other instruments as are required under the provisions
of the Trust Indenture, subject to such approvals or consents
required under the Trust Indenture or applicable law.
2.
80-507
Section 4. This Resolution shall be in force and
effect immediately upon its adoption.
PASSED AND ADOPTED this 30th day of June, 1980.
(Official Seal)
ATTEST:
0
LPH G. ONGIE
CITY CLERK
PREPARED AND APPROVED BY:
PER 4
ASSISTANT ITYATTORNIV
3.
MAURICE A. FERRE
MAURICE A. FERRE
M A Y O R
80-507
e
/r
STATE OF FLORIDA )
COUNTY OF DADE )
CITY OF MIAMI )
1, RALPH G. ONGIR, Clerk of the City of Miami, Florida,
and keeper of the records thereof, do hereby certify that
the attached and foregoing pages numbered 1 through 3, in-
clusive, contain a true and correct copy of a resolution
adopted by the Commission of said City at a meeting held on
the 30th day of June, 1980.
SAID RESOLUTION WAS DESIGNATED RESOLUTION NO. .
IN WITNESS WHEREOF, I hereunto set my hand and impress
the official seal of the City of Miami, Florida, this
day of , 1980.
RALPH G. ONGIE
CITY CLERK
MIAMI, FLORIDA
By
Deputy City Clerk
(Official Seal)
80-507