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Home My WebLink AboutFinance CCMemo 2014-01-09CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members Date: December 16, 2013 of the City Commission From: Todd B. Hannon City Clerk Subject: Finance Committee References: Agenda for January 9, 2014 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. Three (3) appointments are required at this time: • Chair Marc David Sarnoff has one (1) nomination for a seat currently held by: 1. Richard Brodsky, incumbent, whose term expired on December 13, 2013. • Commissioner Frank Carollo has one (1) nomination for a seat currently: 1. Vacant! • Commissioner Keon Hardemon has one (1) nomination for a seat currently held by: 1. Carol Gardner, incumbent, whose term expired on December 13, 2013. 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 January 9, 2014, Commission agenda. TBH:ne c: Marisol Artiles, Administrative Assistant II, Finance Dept. Robin Jones Jackson, Assistant City Attorney Elvi Gallastegui, Agenda Coordinator This item was continued from November 21, 2013, Commission meeting. This item was continued from November 15, 2012, December 13, 2012, January 10, 2013, February 14, 2013, March 14, 2013, April 11, 2013, May 9, 2013, June 13, 2013, July 11, 2013, September 12, 2013, October 10, 2013, and November 21, 2013, Commission meetings.