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Master Report
Enactment Number: R-10-0565
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-01450
Version: 1
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: BONDS FOR THE PORT OF MIAMI TUNNEL AND ACCESS Introduced: 12/16/2010
IMPROVEMENT PROJECT.
Requester:
Cost: Final Action: 12/16/2010
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION WITH ATTACHMENT(S), PROVIDING
FOR THE ISSUANCE OF NOT TO EXCEED FIFTY MILLION DOLLARS ($50,000,000) IN
AGGREGATE PRINCIPAL AMOUNT OF CITY OF MIAMI, FLORIDA REVENUE NOTES, SERIES
2010 (PORT OF MIAMI TUNNEL AND ACCESS IMPROVEMENT PROJECT) (THE "NOTES");
PROVIDING FOR THE NEGOTIATED SALE OF SAID NOTES TO WELLS FARGO BANK,
NATIONAL ASSOCIATION (THE "BANK"); SETTING CERTAIN BASIC PARAMETERS OF THE
TERMS AND CONDITIONS OF A LOAN AGREEMENT AND THE NOTES, AND AUTHORIZING
THE NEGOTIATION, EXECUTION AND DELIVERY OF A LOAN AGREEMENT, THE NOTES,
AND ALL OTHER NECESSARY AGREEMENTS, DOCUMENTS, AND INSTRUMENTS IN
CONNECTION THEREWITH; MAKING CERTAIN FINDINGS AND DETERMINATIONS;
AUTHORIZING ALL REQUIRED ACTIONS BY THE CITY MANAGER, THE CITY ATTORNEY,
AND ALL OTHER CITY OFFICIALS IN CONNECTION THEREWITH; ADDITIONALLY
AUTHORIZING THE PAYMENT OF ALL OUTSTANDING INTEREST AMOUNTS TO THE BANK
ON THE OUTSTANDING IRREVOCABLE STANDBY LETTER OF CREDIT FOR THE TUNNEL
PROJECT; AND PROVIDING AN EFFECTIVE DATE.
Sponsors:
Notes:
Indexes:
Attachments: 10-01450- Legislation.pdf,10-01450-ExhibitA.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 City Commission 12/16/2010 ADOPTED Pass
1 Office of the City 12/16/2010 Reviewed and
Attorney Approved
1 Office of the Mayor 12/17/2010 Signed by the Mayor Office of the City
Clerk
1 Office of the City Clerk 12/17/2010 Signed and Attested
by City Clerk
City of Miami Page 1 Printed on 8/17/2017