HomeMy WebLinkAboutFinance Memo 04-08-2010CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members Date: March 17, 2010
of the City Commission
Subject: Finance Committee
From: Priscilla A. Thompson References: April 8, 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.
Three (3) appointments are required at this time:
• 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.
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 April 8,
2010 Commission agenda.
PAT
c: Robin Jones Jackson, Assistant City Attorney
Diana Gomez, Director, Finance Department
Elvi Gallastegui, Agenda Coordinator
This item was continued from December 17, 2009, January 14, 2010, February 11, 2010, and March 11, 2010
Commission meeting.
t This item was continued from February 11, 2010, and March 11, 2010 Commission meeting.