HomeMy WebLinkAboutFinance Memo 02-11-10CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members
of the City Commission
Date: January 22, 2010
Subject: Finance Committee
From: Priscilla A. Thompson References: February 11, 2010 Agenda
City Clerk
Enclosures: 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.
Five (5) 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.
• Commissioner Wifredo (Willy) Gort has one (1) nomination for a seat currently held by:
1. Pablo Acosta, incumbent, whose term expired on 10/15/2009, requires residency waiver.
• Commissioner Francis Suarez has one (1) nomination for a seat currently held by:
1. Eli Feinberg, incumbent, whose term expired on April 9, 2009, has served as a member
since 07/21/1998 and would require a term waiver by a unanimous (5/5ths) vote of the
Commission.
• Commissioner Richard Dunn II has one (1) nomination for a seat currently held by:
1. Linda Haskins, incumbent, whose term expired on January 14, 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 February
11, 2010 Commission agenda.
* This item was continued from December 10, 2009 and January 14, 2010 meeting.
** This item was continued from December 17, 2009 and January 14, 2010 meeting.
PAT
c: Deputy City Attorney
Diana Gomez, Director, Finance Department
Elvi Gallastegui, Agenda Coordinator