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HomeMy WebLinkAboutmemoCITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members of the City Commission From: Priscilla A. Thompson City Clerk Date: June 16, 2006 Subject: Finance Committee References: July 13, 2006 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. Three (3) appointments are needed at this time: • 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.* • Mayor Diaz has one nomination for seat currently held by Richard Berkowitz. 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 July 13, 2006 agenda. This matter was deferred from the March 10, 2005, May 12, 2005, November 3, 2005, December 15, 2005, February 9, 2006, March 9, 2006 and May 11, 2006 Commission meetings. PAT:pb c: Rafael O. Diaz, Assistant City Attorney Diana Gomez, Director, Finance Department Elvi Alonso, Agenda Coordinator Candis Trusty, Chairperson