HomeMy WebLinkAboutFinance CCMemo 2013-04-11CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and Members Date: March 25, 2013
of the City Commission
From: Todd B. Hannon
City Clerk
Subject: Finance Committee
References: Agenda for April 11, 2013
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.
Two (2) appointments are required at this time:
• Commissioner Frank Carollo has one (1) nomination for a seat currently:*
1. Vacant.
• City Manager Johnny Martinez has one (1) nomination for a seat currently:t
1. Vacant. (Vacancy created due to resignation by Stephen Petty)
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
11, 2013, Commission agenda.
TBH:ne
c: Robin Jones Jackson, Assistant City Attorney
Marisol Artiles, Administrative Assistant II, Finance Dept.
Elvi Gallastegui, Agenda Coordinator
* This item was continued from November 15, 2012, December 13, 2012, January 10, 2013, February 14, 2013, and
March 14, 2013, Commission meetings.
This item was continued from December 13, 2012, January 10, 2013, February 14, 2013, and March 14, 2013,
Commission meetings.