HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-17-0543
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 3122
Revision: B
File Name: Issuance - Special Obligation Bond 2011
Requesting Dept: Department of Finance
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
Introduced: 10/16/2017
Final Action Date: 11/16/2017
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
PROVIDING FOR THE ISSUANCE OF A NOT TO EXCEED SIXTY-ONE MILLION FIVE
HUNDRED THOUSAND DOLLARS ($61,500,000.00) IN AGGREGATE PRINCIPAL
AMOUNT OF A CITY OF MIAMI ("CITY") SPECIAL OBLIGATION NON -AD VALOREM
REVENUE REFUNDING NOTE, SERIES 2017 ("NOTE") AND THE COSTS OF
ISSUANCE THEREOF; APPROVING THE SELECTION OF THE PROPOSAL FROM
DNT ASSET TRUST, A WHOLLY -OWNED SUBSIDIARY OF JPMORGAN CHASE
BANK, N.A.; SETTING CERTAIN BASIC PARAMETERS OF THE TERMS AND
CONDITIONS OF A LOAN AGREEMENT AND THE NOTE AND AUTHORIZING THE
NEGOTIATION, EXECUTION, AND DELIVERY OF A LOAN AGREEMENT, THE NOTE,
AND ALL OTHER NECESSARY AGREEMENTS, DOCUMENTS, AND INSTRUMENTS
IN CONNECTION THEREWITH; MAKING CERTAIN FINDINGS AND
DETERMINATIONS; AUTHORIZING ALL REQUIRED ACTIONS BY THE CITY
MANAGER, CITY ATTORNEY, BOND COUNSEL, CHIEF FINANCIAL OFFICER,
FINANCE DIRECTOR, FINANCIAL ADVISOR, AND ALL OTHER CITY OFFICIALS IN
CONNECTION THEREWITH; FURTHER AUTHORIZING THE CITY MANAGER, CITY
ATTORNEY, CHIEF FINANCIAL OFFICER, FINANCE DIRECTOR, FINANCIAL
ADVISOR, BOND COUNSEL, BOND REGISTRARS, PAYING AGENTS, AND ALL
OTHER NECESSARY CITY OFFICIALS TO UNDERTAKE THE NECESSARY STEPS
AND TO NEGOTIATE, EXECUTE, AND DELIVER AN ESCROW DEPOSIT
AGREEMENT AND ANY NOTICES, DOCUMENTS, AND INSTRUMENTS IN
CONNECTION WITH THE REDEMPTION OF A PORTION OF THE CITY'S
OUTSTANDING SPECIAL OBLIGATION NON -AD VALOREM REVENUE REFUNDING
BONDS, SERIES 2011A ("SERIES 2011A BONDS"); DELEGATING AUTHORITY TO
THE CITY MANAGER TO SELECT THE ESCROW AGENT AND THE VERIFICATION
AGENT AND FURTHER AUTHORIZING THE ISSUANCE OF THE NOTE AND THE
REDEMPTION AND REFUNDING OF THE SERIES 2011A BONDS TO BE REFUNDED;
RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY
THE CITY MANAGER AND DESIGNATED DEPARTMENTS IN ORDER TO UPDATE
THE RELEVANT FINANCIAL CONTROLS AND COMPUTER SYSTEMS IN
CONNECTION THEREWITH; AND PROVIDING APPLICABLE EFFECTIVE DATES.
Notes: Revision B has the Scrivener's amendment by law department and per legal opinion, it may
be certified instead of revision A.
Links:
Attachments: 3122-Back-Up Documents (PDF)
3122-Legislation-SUB Memo from City Manager (PDF)
3122-Legislation-SUB (PDF)
3122-Scrivener's Error Memo (PDF)
3122-Composite Exhibit A (PDF)
City of Miami Page 1 of 2 Printed on: 3/19/2026
City of Miami
Master Report
Enactment Number: R-17-0543
History of Legislative File:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Revision: Acting Body: Date: Action: Result:
Erica T. Paschal 10/19/2017 Department Head Review Completed
Pedro Lacret 10/20/2017 Budget Analyst Review Completed
Christopher M Rose 11/3/2017 Budget Review Completed
Fernando Casamayor 11/3/2017 Assistant City Manager Review Completed
Daniel J. Alfonso 11/3/2017 City Manager Review Completed
A City Commission 11/16/2017 Meeting Completed
A City Commission 11/16/2017 ADOPTED WITH Passed
MODIFICATION(S)
B Legislative Division 11/20/2017 Legislative Division Review Completed
B Barnaby L. Min 11/20/2017 Deputy Attorney Review Completed
B Victoria Mendez 11/20/2017 Approved Form and Completed
Correctness with Modification(s)
B Mayor's Office 11/27/2017 Signed by the Mayor Completed
B City Clerk's Office 11/27/2017 Signed and Attested by the City Completed
Clerk
B Barnaby L. Min 11/27/2017 Deputy Attorney Review Completed
B Victoria Mendez 11/27/2017 Approved Form and Completed
Correctness with Modification(s)
B City Clerk's Office 11/27/2017 Rendered Completed
City of Miami Page 2 of 2 Printed on: 3/19/2026