HomeMy WebLinkAboutR-79-05222.
exhibits
CITY
schedule;
RESOLUTION NO. ` 9 5 2+ 2
A RESOLUTION AUTHORIZING THE CITY MANAGER TO CAUSE
TO BE COMPLETED BY BOND COUNSEL BOND ORDINANCE, TRUST
AGREEMENT; VALIDATION PROCEEDINGS; IF` -`NECESSARY, AND OTHER
LEGAL INSTRUMENTS AND TO CAUSE UNDERWRITERS TO
PREPARE AN OFFICIAL STATEMENT AND PROPOSAL FOR
THE PURCHASE OF THE BONDS IN AN AMOUNT ESTIMATED
PRESENTLY AT $36.5 MILLION FOR THE PURPOSE OF
FINANCING THE CITY OF MIAMI/UNIVERSITY OF MIAMI
JAMES I,. KNIGHT INTERNATIONAL CENTER AND RELATED
PARKING STRUCTURE.
WHEREAS, this project is on an extremely critical time
and
WHEREAS, preparation of the necessary bond ordinances
and official statements takes considerable time; `and
WHEREAS, these documents are necessary as submitted,,
to the Courtin the validation' process;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
OF MIAMI, FLORIDA:
Section 1. The City Manager -is hereby authorized and
directed to cause Bond Counsel, Brown, Wood,' Ivey, Mitchell and
Petty, to;prepare all necessary legal instruments and Smith Barney,.
Harris & Upham, Inc. to prepare an Official Statement and a Proposal
for
that
thepurchase o
a11 documents
their review
ATTEST:
the bonds of the City.- I
will be understood
will be submitted to the '.City `Commission for
prior to any formal submission to the Court.
PASSED AND ADOPTED this 23rd day of July , 1979.
Maurice A. Ferre
MAURICE A. FERRE, MAYOR
RALP�G. ONGIE,;` CITY CLE
PREPARED AND APPROVED BY:
ASSET. CITY ATTORNEY �'..
APp 0V D AS TO FORM AND CORRECTNESS
FOR
KNOX, JR.,;CITY A
TORNEY
"DOCUMENT NDE-X
ITEM NO. i "
STY COMMISSION
MEETING OF
JUL3 2 19/9
opium N ..9 - 5.
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