HomeMy WebLinkAboutFinance CCMemoCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members Date: April 9, 2010
of the City Commission
Subject: Finance Committee
From: Priscilla A. Thompson References: May 13, 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:
• Chairman Marc Sarnoff has one (1) nomination for a seat currently held by:
1. Sandor Lenner, incumbent, whose term expires on May 13, 2010.
• 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:t
1. Vacancy since March 9, 2010, seat previously held by Pablo Acosta.
• Commissioner Francis Suarez has one (1) nomination for a seat currently held by:t
1. Vacancy, seat previously held by Eli Feinberg.
• City Manager Carlos Migoya has one (1) nomination for a seat currently held by:t
1. Diana Gomez, incumbent, whose term expires on May 13, 2010.
*
This item was continued from December 17, 2009, January 14, 2010, February 11, 2010, March 11, 2010, and
April 8, 2010 Commission meetings.
t This item was continued from February 11, 2010, March 11, 2010, and April 8, 2010 Commission meetings.
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 May
13, 2010 Commission agenda.
PAT: sa
c: Robin Jones Jackson, Assistant City Attorney
Diana Gomez, Director, Finance Department
Elvi Gallastegui, Agenda Coordinator