HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-15-0304
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00733
Version: 1
File Name:
Requester:
File Type: Resolution
Status: Passed
Reference: Controlling Body: Office of the City
Clerk
Auth. Loan Agrmt.w/State - Wagner Creek/Seybold Canal Introduced: 6/3/2015
Department of Capital Cost: Final Action: 7/9/2015
Improvement
Programs/Transportation
Title:
Sponsors:
Notes:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), PROVIDING
FOR A DESIGN AND CONSTRUCTION LOAN OF NOT TO EXCEED TWENTY-TWO MILLION,
FOUR HUNDRED THIRTEEN THOUSAND, EIGHT HUNDRED DOLLARS ($22,413,800.00) AT A
ZERO PERCENT (0%) INTEREST RATE (COLLECTIVELY, "LOAN") TO THE CITY OF MIAMI
("CITY") FROM THE STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION
("DEPARTMENT") CLEAN WATER STATE REVOLVING FUND PROGRAM ("PROGRAM") FOR
THE WAGNER CREEK/SEYBOLD CANAL PROJECT SW132000 (COLLECTIVELY, "PROJECT"),
WITH FORTY (40) SEMI-ANNUAL LOAN PAYMENTS BEGINNING ON OR ABOUT OCTOBER
15, 2017; FURTHER AUTHORIZING A LOAN SERVICE FEE OF NOT TO EXCEED FOUR
HUNDRED FORTY-EIGHT THOUSAND, TWO HUNDRED AND SEVENTY SIX DOLLARS
($448,276.00) TO BE PAID ON OR ABOUT OCTOBER 15, 2017, BY THE CITY FOR THE LOAN
THROUGH THE PROGRAM; MAKING CERTAIN FINDINGS AND DETERMINATIONS;
RATIFYING, APPROVING AND CONFIRMING THE CITY'S AMENDED LOAN APPLICATION;
AUTHORIZING AND DESIGNATING THE CITY MANAGER TO NEGOTIATE, EXECUTE AND
DELIVER THE LOAN AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY
("LOAN AGREEMENT"); FURTHER AUTHORIZING AND DESIGNATING THE CITY MANAGER
TO NEGOTIATE, EXECUTE AND DELIVER, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, ALL OTHER NECESSARY AGREEMENTS, DOCUMENTS, AND INSTRUMENTS IN
CONNECTION WITH THE LOAN AND THE LOAN AGREEMENT FOR THE PROJECT; SETTING
CERTAIN BASIC PARAMETERS OF THE TERMS AND CONDITIONS OF THE LOAN AND THE
LOAN AGREEMENT; ESTABLISHING PLEDGED REVENUES; DESIGNATING AND
AUTHORIZING THE CITY MANAGER, THE CITY ATTORNEY, AND ALL OTHER NECESSARY
CITY REPRESENTATIVES TO UNDERTAKE ALL OTHER ACTIONS IN CONNECTION
HEREWITH FOR THE CITY'S COMPLIANCE WITH THE PROGRAM'S REQUIREMENTS;
PROVIDING ASSURANCES; PROVIDING FOR CONFLICTS, SEVERABILITY, AND AN
EFFECTIVE DATE.
Indexes:
Attachments: 15-00733 Summary Form.pdf,15-00733 Legislation.pdf,15-00733
Exhibit.pdf,15-00733-Submittal-Horacio Aguirre -Miami River Commission
Recommendation.pdf,15-00733-Submittal-Jeovanny Rodriguez CITP Director -Background
Information.pdf,15-00733-Submittal-Jeovanny Rodriguez CITP Director -Aerial Map.pdf,
History of Legislative File
City ofMiami Page 1 Printed on 3/13/2018
City of Miami
Master Report
Enactment Number: R-15-0304
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Version: Acting Body:
Date:
Action:
Sent To:
Due Date: Return Date: Result:
1
1
1
1
Office of the City
Attorney
City Commission
Office of the Mayor
Office of the City Clerk
7/1/2015 Reviewed and
Approved
7/9/2015 ADOPTED
7/16/2015 Signed by the Mayor Office of the City
Clerk
7/16/2015 Signed and Attested
by City Clerk
Pass
City of Miami Page 2 Printed on 3/13/2018