HomeMy WebLinkAboutR-08-0703City of Miami
Legislation
Resolution: R-08-0703
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 08-01459 Final Action Date: 12/11/2008
A RESOLUTION OF THE CITY OF MIAMI, FLORIDA, WITH ATTACHMENT(S),
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED $40,000,000 IN
AGGREGATE PRINCIPAL AMOUNT OF CITY OF MIAMI, FLORIDA NON -AD
VALOREM REFUNDING REVENUE BONDS, TAXABLE PENSION SERIES 2009,
TO REFUND ALL OF THE CITY'S OUTSTANDING NON -AD VALOREM VARIABLE
RATE REFUNDING REVENUE BONDS, TAXABLE PENSION SERIES 2006;
MAKING CERTAIN FINDINGS AND DETERMINATIONS; DELEGATING TO THE
CITY MANAGER THE DETERMINATION OF CERTAIN MATTERS AND DETAILS
CONCERNING THE BONDS; PROVIDING FOR THE FUNDING OF A RESERVE
FUND, IF DETERMINED NECESSARY BY THE CITY MANAGER; APPROVING
THE SENDING OF A CONDITIONAL NOTICE OF REDEMPTION; APPROVING
THE REFUNDING OF THE REFUNDED BONDS; AUTHORIZING THE
TERMINATION OF THE SWAP AND THE PAYMENT OF A SWAP TERMINATION
PAYMENT IN CONNECTION THEREWITH; RATIFYING, CONFIRMING AND
APPROVING THE SELECTION OF THE UNDERWRITERS; AUTHORIZING A
NEGOTIATED SALE OF THE BONDS; APPROVING THE FORM AND
AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE
AGREEMENT IN CONNECTION THEREWITH; APPOINTING A PAYING AGENT
AND BOND REGISTRAR; APPROVING THE FORM AND AUTHORIZING THE
EXECUTION AND DELIVERY OF A PAYING AGENT AND REGISTRAR
AGREEMENT; APPROVING UNCERTIFICATED, BOOK -ENTRY ONLY
REGISTRATION OF SAID BONDS WITH THE DEPOSITORY TRUST COMPANY;
APPROVING THE FORM AND AUTHORIZING THE DISTRIBUTION OF A
PRELIMINARY OFFICIAL STATEMENT AND AN OFFICIAL STATEMENT AND
PROVIDING FOR THE SELECTION OF A FINANCIAL PRINTER THEREFOR;
COVENANTING TO PROVIDE CONTINUING DISCLOSURE IN CONNECTION
WITH THE BONDS IN ACCORDANCE WITH SECURITIES AND EXCHANGE
COMMISSION RULE 15c2-12 AND APPROVING THE FORM AND AUTHORIZING
THE EXECUTION AND DELIVERY OF A CONTINUING DISCLOSURE AGREEMENT
WITH RESPECT THERETO; AUTHORIZING ALL REQUIRED ACTIONS; AND
PROVIDING AN EFFECTIVE DATE.
City of Miami Page 1 of 1 File Id: 08-01459 (Version: 1) Printed On: 5/25/2017