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HomeMy WebLinkAboutFinance CCMemo 2016-01-14CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Members of the City Commission From: Todd B. Hannon City Clerk Date: December 22, 2015 Subject: Finance Committee References: Agenda for January 14, 2016 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 Chair Ken Russell has one (1) nomination for a seat currently held by: 1. Richard Brodsky, 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 14, 2016, Commission agenda. TBH:ne c: Marisol Artiles, Administrative Assistant II, Budget Dept. Jose M. Fernandez, Director, Finance Dept. Robin Jones Jackson, Senior Assistant City Attorney Anna M. Medina, Agenda Coordinator * 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, January 8, 2015, February 12, 2015, March 12, 2015, Apri19, 2015, May 14, 2015, June 11, 2015, July 9, 2015, September 10, 2015, and October 8, 2015, Commission meetings.