HomeMy WebLinkAboutFinance CCMemo 2015-02-12CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Members of the
City Commission
From: Todd B. Hannon
City Clerk
Date: January 29, 2015
Subject: Finance Committee
References: Agenda for February 12, 2015
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.
Four (4) appointments are required at this time:
• Vice Chair Keon Hardemon has one (1) nomination for a seat currently:
1. Vacant. (Carol Gardner resigned effective February 4, 2014)*
• Commissioner Marc David Sarnoff has one (1) nomination for a seat currently held by:
1. Richard Brodsky, incumbent, whose term expired on December 13, 2013.1.
• Commissioner Frank Carollo has one (1) nomination for a seat currently held by:
1. Eric Zichella, incumbent, whose term expires on February 13, 2015.
• Commissioner Francis Suarez has one (1) nomination for a seat currently:
1. Vacant. (Manuel Vadillo resigned effective September 22, 2014)1
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 February 12,
2015, Commission agenda.
TBH:ne
c: Marisol Artiles, Administrative Assistant II, Finance Dept.
Jose M. Fernandez, Director, Finance Dept.
Robin Jones Jackson, Assistant City Attorney
Julia D. Hernandez, Agenda Coordinator
* This item was continued from January 9, 2014, February 13, 2014, March 13, 2014, April 10, 2014, May 8, 2014, June 12, 2014,
July 10, 2014, September 11, 2014, October 9, 2014, November 20, 2014, December 11, 2014, and January 8, 2015, Commission
meetings.
This item was continued from November 21, 2013, January 9, 2014, February 13, 2014, March 13, 2014, April 10, 2014, May 8,
2014, June 12, 2014, July 10, 2014, September 11, 2014, October 9, 2014, November 20, 2014, December 11, 2014, and January 8,
2015, Commission meetings.
$ This item was continued from October 9, 2014, November 20, 2014, December 11, 2014, and January 8, 2015, Commission
meetings.