HomeMy WebLinkAboutFinance MemoCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members Date: December 28, 2009
of the City Commission
Subject: Finance Committee
From: Priscilla A. Thompson Reference January 14, 2010 Agenda
City Clerk
Enclosure; List of members
The Finance Committee was created to review and make recommendations regarding the issuance
of debt obligations and the management of outstanding debt. The committee will consider all
issues related to outstanding and proposed debt obligations, and will vote on issues affecting or
relating to the credit worthiness, security and repayment of such obligations, including but not
limited to procurement of services, structure, repayment terms and covenants of the proposed debt
obligation, and issues which may affect the security of the bonds and ongoing disclosure to
bondholders and interested parties.
Two (2) appointments are required at this time:
• Mayor Tomas Regalado has one (1) nomination for a seat currently held by:*
1. Richard Berkowitz, incumbent, whose term expired on October 15, 2009.
• Vice Chairman Frank Carollo has one (1) nomination for a seat currently held by:**
1. Humberto Rodriguez, incumbent, whose term expires on May 13, 2010.
For your convenience, we are including a copy of the current membership of said committee. By
copy of this memorandum, we are requesting that the Agenda Office place this issue on the
December 17, 2009 Commission agenda.
* This item was continued from December 10, 2009 meeting.
* * This item was continued from December 17, 2009 meeting.
c: Deputy City Attorney
Diana Gomez, Director, Finance Department
Elvi Gallastegui, Agenda Coordinator