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HomeMy WebLinkAboutFinance CCMemo 2012-04-12CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members of the City Commission From: Priscilla A. Thompson City Clerk Date: Subject: References: Enclosures: March 30, 2012 Finance Committee Agenda for April 12, 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. One (1) appointment is required at this time: • 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 April 12, 2012, Commission agenda. PAT:th c: Robin Jones Jackson, Assistant City Attorney Pete Chircut, Director, Interim Finance Depaitinent Elvi Gallastegui, Agenda Coordinator This item was continued from the February 9, 2012, and March 8, 2012, Commission meetings.