HomeMy WebLinkAboutCRA-R-12-0024 Master ReportCity of Miami
Master Report
Enactment Number: CRA-R-12-0024
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00186
File Type: CRA Resolution
Version: 2 Reference:
File Name: First Southwest
Requester: Cost:
Status: Filed in Clerk's
Office
Controlling Body: OMNI Community
Redevelopment
Agency
Introduced: 2/10/2012
Final Action: 3/29/2012
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT
DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE PAYMENT, IN AN
AMOUNT NOT TO EXCEED $28,000, TO FIRST SOUTHWEST, FOR FINANCIAL SERVICES
PROVIDED FOR A $50 MILLION IRREVOCABLE STANDBY LETTER OF CREDIT ("LOC")
FROM WELLS FARGO BANK, N.A., OBTAINED FOR THE MIAMI PORT TUNNEL PROJECT
("PROJECT"); AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS
DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON
PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY
FOR SAID PURPOSE, IN FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS
FROM OMNI TAX INCREMENT FUND, "PROFESSIONAL SERVICES," ACCOUNT CODE NO.
10040.920101.5 31000.0000.00000.
Sponsors:
Notes:
Indexes:
Attachments: File # 12-00186 02-27-12 Cover Memo.pdf,File # 12-00186 02-27-12 Financial Form.pdf,File #
12-00186 02-27-12 Backup.pdf,File # 12-00186 02-27-12 Legislation.pdf,File # 12-00186 02-27-12
Legislation(signed).pdf,File # 12-00186 03-29-12 Cover Memo.pdf,File # 12-00186 03-29-12 Financial
Form.pdf,File # 12-00186 03-29-12 Backup.pdf,
History of Legislative File
Version: Acting Body:
Date:
Action: Sent To: Due Date: Return Date: Result:
1
2
2
OMNI Community
Redevelopment Agency
OMNI Community
Redevelopment Agency
CRA General Counsel
2/27/2012
3/29/2012
4/27/2012
DEFERRED
ADOPTED WITH
MODIFICATIONS
Reviewed and
Approved
Pass
Pass
City of Miami Page 1 Printed on 11/7/2022