HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-08-0085
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 08-00089
Version: 1
File Name: Sunshine State Loan $15,000,000
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
Introduced: 1/23/2008
Requester: Department of Finance Cost: Final Action: 2/14/2008
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION WITH ATTACHMENT(S), AUTHORIZING
THE NEGOTIATION AND BORROWING OF AND APPROVING A LOAN, IN THE AGGREGATE
PRINCIPAL AMOUNT NOT TO EXCEED FIFTEEN MILLION DOLLARS ($15,000,000) (THE
"LOAN"), FROM THE SUNSHINE STATE GOVERNMENTAL FINANCING COMMISSION, FOR
THE PURPOSES OF FINANCING, REFINANCING, OR RECEIVING REIMBURSEMENT FOR THE
COSTS OF THE ACQUISITION, CONSTRUCTION, AND/OR EQUIPPING OF THE PROJECTS
AND FOR PAYING THE COSTS OF ISSUANCE RELATED TO THE LOAN AND APPROVING THE
FINANCING OF THE PROJECTS FROM THE PROCEEDS OF THE LOAN, INCLUDING
REIMBURSEMENT OF EXPENDITURES PREVIOUSLY MADE FOR SUCH PURPOSES;
AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE AND DELIVER A LOAN
AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH SUCH CHANGES,
INSERTIONS, AND OMISSIONS, AS MAY BE APPROVED BY THE CITY MANAGER AFTER
CONSULTATION WITH THE CITY ATTORNEY; AND AUTHORIZING AND DIRECTING THE
CITY MANAGER AND ALL OTHER NECESSARY CITY OFFICIALS TO EXECUTE AND
DELIVER ALL OTHER DOCUMENTS, INSTRUMENTS, AND CERTIFICATES IN CONNECTION
WITH THE LOAN FOR THE PROJECTS; PROVIDING CERTAIN OTHER MATTERS IN
CONNECTION WITH THE MAKING OF THE LOAN; AUTHORIZING AND DIRECTING THE
CITY MANAGER TO EXECUTE AND DELIVER AND APPROVING THE AMENDING AND
RESTATING OF LOAN AGREEMENTS DATED AS OF SEPTEMBER 1, 1987, JANUARY 1, 1988,
MAY 1, 1988, AND JUNE 30, 1995, RESPECTIVELY, ALL BETWEEN SUNSHINE STATE
GOVERNMENTAL FINANCING COMMISSION AND THE CITY OF MIAMI, FLORIDA;
AUTHORIZING ALL REQUIRED ACTIONS; APPROVING, CONFIRMING, AND RATIFYING ALL
OTHER ACTIONS TAKEN BY CITY OFFICIALS TO DATE IN CONNECTION WITH OBTAINING
THE LOAN; AND PROVIDING AN EFFECTIVE DATE.
Sponsors:
Notes:
Indexes:
Attachments: 08-00089 Legislation.pdf,08-00089 Exhibit.pdf,08-00089 Exhibit 2.pdf,08-00089 Exhibit
3.pdf,08-00089 Summary Form.pdf,08-00089 Pre-Legislation.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 2/6/2008 Reviewed and
Attorney Approved
1 City Commission 2/14/2008 ADOPTED Pass
City of Miami Page 1 Printed on 4/26/2017
City of Miami
Master Report
Enactment Number: R-08-0085
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
1 Office of the Mayor 2/25/2008 Signed by the Mayor Office of the City
Clerk
1 Office of the City Clerk 2/25/2008 Signed and Attested
by City Clerk
City of Miami Page 2 Printed on 4/26/2017