HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-03-1149
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 03-0162
Version: 2
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Bond Series 2003 - $4.5 million Introduced: 10/21/2003
Requester: Department of Finance
Cost: Final Action: 11/13/2003
Title: A RESOLUTION OF THE CITY OF MIAMI, FLORIDA, AUTHORIZING THE ISSUANCE OF NOT
TO EXCEED $4,500,000 IN AGGREGATE PRINCIPAL AMOUNT OF GENERAL OBLIGATION
REFUNDING BONDS, SERIES 2003B, FOR THE PURPOSE OF REFUNDING A PORTION OF THE
CITY'S OUTSTANDING GENERAL OBLIGATION REFUNDING BONDS, SERIES 1992;
PROVIDING THAT SUCH GENERAL OBLIGATION REFUNDING BONDS SHALL CONSTITUTE
GENERAL OBLIGATIONS OF THE CITY AND THAT THE FULL FAITH, CREDIT AND TAXING
POWER OF THE CITY SHALL BE IRREVOCABLY PLEDGED FOR THE PAYMENT OF THE
PRINCIPAL OF AND INTEREST ON SUCH BONDS; MAKING CERTAIN COVENANTS AND
AGREEMENTS IN CONNECTION THEREWITH; DELEGATING TO THE CITY MANAGER THE
DETERMINATION OF CERTAIN MATTERS AND DETAILS CONCERNING THE BONDS;
AUTHORIZING THE COMPETITIVE SALE OF THE BONDS; APPROVING THE FORM AND
AUTHORIZING THE PUBLICATION OF A NOTICE OF SALE IN CONNECTION THEREWITH;
APPOINTING A PAYING AGENT AND A BOND REGISTRAR; APPOINTING AN ESCROW
AGENT; APPROVING THE FORM OF ESCROW DEPOSIT AGREEMENT; APPROVING
UNCERTIFICATED, BOOK -ENTRY ONLY REGISTRATION OF SAID BONDS WITH THE
DEPOSITORY TRUST COMPANY; DELEGATING TO THE CITY MANAGER AUTHORITY TO
NEGOTIATE AND OBTAIN A MUNICIPAL BOND INSURANCE POLICY TO INSURE SAID
BONDS AND TO EXECUTE AND DELIVER ANY RELATED AGREEMENTS; PROVIDING FOR A
PRELIMINARY OFFICIAL STATEMENT AND AN OFFICIAL STATEMENT AND THE
SELECTION OF A FINANCIAL PRINTER THEREFOR; COVENANTING TO PROVIDE
CONTINUING DISCLOSURE IN CONNECTION WITH THE BONDS IN ACCORDANCE WITH
SECURITIES AND EXCHANGE COMMISSION RULE 15c2-12 AND AUTHORIZING THE
EXECUTION OF AN AGREEMENT WITH RESPECT THERETO; PROVIDING FOR THE
APPOINTMENT OF A VERIFICATION AGENT; AUTHORIZING ALL REQUIRED ACTIONS; AND
PROVIDING AN EFFECTIVE DATE.
Sponsors:
Notes: See Complete Legislation in Attachment File
Indexes:
Attachments: 03-0162 -cover memo-1.pdf,03-0162 - legislation-2.pdf,03-0162 - exhibits contd.pdf,03-0162 -
exhibits contd. 2.pdf,03-0162 - exhibits.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
2 City Commission 11/13/2003 ADOPTED Pass
2 Office of the Mayor 11/18/2003 Signed by the Mayor
City of Miami Page 1 Printed on 8/19/2016
City of Miami
Master Report
Enactment Number: R-03-1149
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
2 Office of the City 11/25/2003 Reviewed and
Attorney Approved
City of Miami Page 2 Printed on 8/19/2016