HomeMy WebLinkAboutCRA-R-14-0051 Master ReportCity of Miami
Master Report
Enactment Number: CRA-R-14-0051
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00711
Version: 1
File Name: Series 2014A Bonds
File Type: CRA Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
Introduced: 7/16/2014
Requester: Cost: Final Action: 7/30/2014
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENTS,
AMENDING AND SUPPLEMENTING RESOLUTION NO. CRA-R-12-0061 ADOPTED BY THE
AGENCY ON SEPTEMBER 17, 2012, AS AMENDED AND SUPPLEMENTED BY RESOLUTION
NO. CRA-R-13-0025 ADOPTED BY THE AGENCY ON MARCH 25, 2013 AND RESOLUTION NO.
CRA-R-13-0039 ADOPTED BY THE AGENCY ON JUNE 24, 2013, WHICH RESOLUTION NO.
CRA-R-12-0061, AS AMENDED AND SUPPLEMENTED (THE "RESOLUTION"), PROVIDED FOR
THE ISSUANCE OF TAX INCREMENT REVENUE BONDS OF THE AGENCY TO FINANCE OR
REFINANCE THE ACQUISITION AND CONSTRUCTION OF COMMUNITY REDEVELOPMENT
PROJECTS IN THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AREA AND PROVIDED FOR AND AUTHORIZED THE ISSUANCE OF THE INITIAL SERIES OF
TAX INCREMENT REVENUE BONDS THEREUNDER (THE "SERIES 2014A BONDS") FOR THE
PURPOSE OF FINANCING CERTAIN GRANTS TO BE USED FOR THE CONSTRUCTION OR
REHABILITATION OF AFFORDABLE HOUSING AND FINANCING THE CONSTRUCTION OF
OTHER CAPITAL IMPROVEMENTS IN THE REDEVELOPMENT AREA; FOR THE PURPOSES
OF AMENDING CERTAIN PROVISIONS OF THE RESOLUTION RELATING TO THE ISSUANCE
OF ADDITIONAL BONDS AND PARITY OBLIGATIONS TO IMPROVE THE MARKETABILITY
OF THE SERIES 2014A BONDS; MAKING CERTAIN COVENANTS AND AGREEMENTS IN
CONNECTION WITH THE ISSUANCE OF THE SERIES 2014A BONDS; AUTHORIZING A
NEGOTIATED SALE OF THE SERIES 2014A BONDS IN AN AGGREGATE PRINCIPAL AMOUNT
NOT TO EXCEED $60,000,000; AUTHORIZING THE EXECUTIVE DIRECTOR OF THE AGENCY
TO AWARD THE SALE OF THE SERIES 2014A BONDS TO WELLS FARGO BANK, NATIONAL
ASSOCIATION; DELEGATING CERTAIN AUTHORITY TO THE EXECUTIVE DIRECTOR OF
THE AGENCY FOR THE AUTHORIZATION, EXECUTION AND DELIVERY OF A BOND
PURCHASE AGREEMENT WITH RESPECT THERETO, AND FOR THE APPROVAL OF THE
FINAL TERMS AND DETAILS OF THE SERIES 2014A BONDS; APPOINTING THE REGISTRAR,
PAYING AGENT, AUTHENTICATING AGENT AND FUNDS TRUSTEE FOR THE SERIES 2014A
BONDS AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FISCAL AGENT
AGREEMENT; AUTHORIZING THE DISTRIBUTION OF A PRELIMINARY LIMITED OFFERING
MEMORANDUM AND THE EXECUTION AND DELIVERY OF A FINAL LIMITED OFFERING
MEMORANDUM WITH RESPECT THERETO; AUTHORIZING THE EXECUTION AND
DELIVERY OF A CONTINUING DISCLOSURE AGREEMENT; AUTHORIZING THE
ESTABLISHMENT OF A BOOK -ENTRY SYSTEM OF REGISTRATION FOR THE SERIES 2014A
BONDS; ADOPTING POST -ISSUANCE COMPLIANCE PROCEDURES FOR TAX -ADVANTAGED
BONDS PURSUANT TO CURRENT GUIDELINES OF THE INTERNAL REVENUE SERVICE
WHICH WILL APPLY TO THE SERIES 2014A BONDS AND TO THE AGENCY'S
TAX -ADVANTAGED BONDS HEREAFTER ISSUED; AND PROVIDING AN EFFECTIVE DATE.
Sponsors:
Notes:
Indexes:
City of Miami Page 1 Printed on 10/17/2022
City of Miami
Master Report
Enactment Number: CRA-R-14-0051
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Attachments: File # 14-00711 Cover Memo.pdf,File # 14-00711 Legislation.pdf,File # 14-00711 Exhibit B.pdf,File #
14-00711 Exhibit C.pdf,File # 14-00711 Exhibit D.pdf,File # 14-00711 Exhibit E.pdf,File # 14-00711
Exhibit F.pdf,14-00711-Submittal-SEOPW CRA-Cover Memo.pdf,14-00711-Submittal-SEOPW
CRA-Tax Increment Revenue Bond Schedule.pdf,File #14-00711 Signed Legislation.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 SEOPW Community 7/30/2014 ADOPTED Pass
Redevelopment Agency
1 CRA Special Counsel 8/21/2014 Reviewed and
Approved
City of Miami Page 2 Printed on 10/17/2022