HomeMy WebLinkAboutsummary formJUN-02-2005 14:13
CITY MANAGERS OFFICE
w ' ITEM.,SUMMARY FORM,
VILE ID: ()
305 416 1019 P.01/01
Date:, Requesting Department: I inane
Commission Meeting Date: ha,312.005 District Impacted: Noe
Type: El Resolution D Ordinance Emergency Ordinance El Discussion Item
❑ Other .
Subject: pretending the Debt Menage/meat Policy,
Purpose of Item: ._,
Its is respectfully recommended that the City commission adopt the attached resolution amending the
Debt Management Pohoy. The attached amendment was approved by the Finance Committee on June
7, 2005. This resolution further directs the City Manager to implement the amended Debt
Management Policy .
Background Information:
In 1998 Resolution #98-631 established a debt management policy to assure that debt obligations
issued and administered for the long -terns financial advantage for the City &Miami. It also created a
Finance Committee to review and make recommendation to amend said policy as needed. On rune let,
2005 the Vinance Committee amend the debt management policy as submitted.
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NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify fending source below.
General Account No:
Special _Revenue Account No:
CIF Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
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Grants
Purchasln
Chief r'
Budget
Risk Management
_ Dept. Director
City Manager
Pap 1 oft
TOTAL P.01