HomeMy WebLinkAboutFinance CCMemo 2012-02-09CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members
of the City Commission
From: Priscilla A. Thompson
City Clerk
Date:
Subject:
References:
Enclosures:
January 27, 2012
Finance Committee
Agenda for February 9, 2012
List of members
The Finance Committee, a seven (7) member board 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:
• Mayor Tomas Regalado has one (1) nomination for a seat currently held by:
1. Eli Feinberg, incumbent, whose term expires on March 10, 2012, has served as a
member since July 21, 1998, and would require a term waiver by a unanimous (5/5ths)
vote of the Commission.
• Vice Chairman Marc David Sarnoff has one (1) nomination for a seat currently:
1. Vacant.
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
February 9, 2012, Commission agenda.
PAT:th
c:
Robin Jones Jackson, Assistant City Attorney
Pete Chircut, Director, Finance Department
Elvi Gallastegui, Agenda Coordinator