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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-12-0197 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00484 Version: 2 File Type: Resolution Status: Passed Reference: Controlling Body: Office of the City Clerk File Name: CRA Board - Intent To Obtain Debt Financing Introduced: 4/24/2012 Requester: District 5- Commissioner Cost: Final Action: 5/10/2012 Michelle Spence -Jones Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACKNOWLEDGING THE INTENT OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") TO OBTAIN DEBT FINANCING, IN AN AMOUNT NOT TO EXCEED FIFTY MILLION DOLLARS ($50,000,000) ("CRA DEBT OBLIGATIONS"), TO FINANCE THE CRA'S REDEVELOPMENT ACTIVITIES AS SET FORTH ON "EXHIBIT A", ATTACHED AND INCORPORATED; DELEGATING TO THE CRA THE AUTHORITY TO ISSUE AND SELL BONDS WITH RESPECT TO THE CRA DEBT OBLIGATIONS; DETERMINING AND ACKNOWLEDGING NO LIABILITY ON THE PART OF THE CITY OF MIAMI FOR REPAYMENT OF THE CRA DEBT OBLIGATIONS, FOR DISCLOSURES RELATED THERETO AND FOR CONTINUING COMPLIANCE RELATED THERETO AND REQUIRING THE CRA TO INCLUDE ALL SUCH LIMITATIONS AND INDEMNIFICATIONS IN ALL DOCUMENTS, INSTRUMENTS, AND INFORMATION RELATED TO THE CRA DEBT OBLIGATIONS. Sponsors: Notes: Indexes: Attachments: 12-00484 Legislation.pdf,12-00484-Exhibit 1-SUB.pdf,12-00484-Submittal-Email.pdf,12-00484-Submittal-Draft Legislation-05-10-12.pdf,12-00484-Submittal-Letter-Bishop James Adams.pdf,12-00484-Submittal-Newspaper Articles.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 2 Office of the City 5/8/2012 Review Pending Attorney 2 City Commission 5/10/2012 ADOPTED WITH Pass MODIFICATIONS 2 Office of the Mayor 5/15/2012 Signed by the Mayor Office of the City Clerk 2 Office of the City Clerk 5/15/2012 Signed and Attested by City Clerk 2 Office of the City 5/16/2012 Reviewed and Attorney Approved Action Note: MODIFICATIONS MADE TO RESOLUTION AND EXHIBIT City ofMiami Page 1 Printed on 11/9/2017 City of Miami Master Report Enactment Number: R-12-0197 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City of Miami Page 2 Printed on 11/9/2017