HomeMy WebLinkAboutmemoCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members
of the City Commission
From: Priscilla A. Thompson
City Clerk
Date: December 1, 2005
Subject: Finance Committee
References: December 15, 2005 Agenda
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.
Four appointments are needed at this time:
• Vice Chairman Gonzalez has one nomination for vacant seat created because
Norma M. Castillo resigned.
• Commissioner Spence -Jones has one nomination for seat currently held by Candis
Trusty.
• Chairman Sanchez has one nomination for seat currently held by Timothy Keegan.
• Commissioner Winton has one nomination for seat currently held by David R.
Berley.
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 December 15, 2005 agenda. This matter was deferred from the
March 10, 2005, May 12, 2005, and November 3, 2005 Commission meetings.
PAT:am
c: Rafael O. Diaz, Assistant City Attorney
Scott Simpson, Director, Finance Department
Elvi Alonso, Agenda Coordinator
Candis Trusty, Chairperson