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HomeMy WebLinkAboutFinance CCMemo 06-09-2011CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members of the City Commission V it. f ,_. From: Priscilla A. Thompson City Clerk Date: Subject: References: Enclosures: May 19, 2011 Finance Committee June 09, 2011 Agenda List of members The Finance Committee was created to review and make recommendations regarding the issuance of debt obligations and the management of outstanding debt. The committee will consider all issues related to outstanding and proposed debt obligations, and will vote on issues affecting or relating to the credit worthiness, security and repayment of such obligations, including but not limited to procurement of services, structure, repayment terms and covenants of the proposed debt obligation, and issues which may affect the security of the bonds and ongoing disclosure to bondholders and interested parties. Two (2) appointments are required at this time:* • Chairman Wifredo (Willy) Gort has one (1) nomination for a seat currently held by: 1. Pablo Acosta, incumbent, whose term expired on May 13, 2011. • Commissioner Francis Suarez has one (1) nomination for a seat currently held by: 1. Manuel Vadillo, incumbent, whose term expired on May 13, 2011. For your convenience, we are including a copy of the current membership of said committee. By copy of this memorandum, we are requesting that the Agenda Office place this issue on the June 09, 2011 Commission agenda. PAT:sa c: Robin Jones Jackson, Assistant City Attorney Diana Gomez, Director, Finance Depaitinent Elvi Gallastegui, Agenda Coordinator * This item was continued from May 12, 2011 Commission meeting.