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HomeMy WebLinkAboutmemoCITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members of the City Commission -', (1426"`PI'd'~ From: Priscilla A. Thompson City Clerk Date: October 26, 2007 Subject: Finance Committee References: November 9, 2007 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. The following residency waiver for a recent appointment to the Finance Committee is required at this time: • Chairman Gonzalez' appointment that requires a residency waiver: 1. Pablo Acosta, appointed on September 11, 2007, requires a 4/5ths waiver of the residency requirement, per Section 2-884(a) of the City Code. 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 November 9, 2007 Commission agenda. PAT:pb c: Rafael O. Diaz, Assistant City Attorney Diana Gomez, Director, Finance Department Elvi Gallastegui, Agenda Coordinator