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HomeMy WebLinkAboutR-05-0401City of Miami Legislation Resolution: R-05-0401 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00545 Final Action Date: 6/23/2005 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AMENDING THE CITY OF MIAMI DEBT MANAGEMENT POLICY ("DEBT POLICY"), ATTACHED AND INCORPORATED; DIRECTING THE CITY MANAGER TO IMPLEMENT THE AMENDED DEBT POLICY. WHEREAS, Resolution No. 98-631, adopted June 23, 1998, authorized the implementation of the City of Miami Debt Management Policy ("Debt Policy"); and WHEREAS, on June 7, 2005, the Finance Committee met and approved the recommended amendments to the Debt Policy; and WHEREAS, the Department of Finance is recommending that the City Commission accept and approve the Finance Committee amendments to the Debt Policy; NOW THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Debt Policy, attached and incorporated, is amended. Section 3. The City Manager is directed to implement the amended Debt Policy. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 1 of 1 File Id: 05-00545 (Version: 11 Printed On: 11/18/2016