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HomeMy WebLinkAboutFinance CCMemo 2012-9-13CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members Date: August 13, 2012 of the City Commission 6P61-26-.10-4-,- Subject: Finance Committee From: Priscilla A. Thompson References: Agenda for September 13, 2012 City Clerk Enclosures: 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 September 13, Commission agenda. PAT:th c: Robin Jones Jackson, Assistant City Attorney Stephen Petty, Director, Finance Depaitinent Elvi Gallastegui, Agenda Coordinator * This item was continued from the February 9, 2012, March 8, 2012, April 12, 2012, May 10, 2012, June 14, 2012, and July 12, 2012, Commission meetings.