HomeMy WebLinkAboutMemorandumCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Members
of the City Commission
From: Todd B. Hannon
City Clerk
Date: November 3, 2017
Subject: Finance Committee
References: Agenda for November 16, 2017
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.
Two (2) appointments are needed 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, 2013.1
• Commissioner Wifredo (Willy) Gort has one (1) nomination for a seat currently held by:
1. Fausto Alvarez, incumbent, whose term expired on September 8, 2017.2
For your convenience, we are including a copy of the membership of the committee. By copy of this
memorandum, we are requesting that the Agenda Office place this issue on the November 16, 2017,
Commission Agenda.
TBH:ne
c: Erica Paschal, Director, Finance Dept.
Marisol Artiles, Administrative Assistant II, Budget Dept.
Robin Jones Jackson, Senior Assistant City Attorney
Anna M. Medina, Agenda Coordinator
1 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,
October 8, 2015, January 14, 2016, February 11, 2016, March 11, 2016, April 14, 2016, May 12, 2016, June 9, 2016, July 14,
2016, September 8, 2016, October 13, 2016, November 17, 2016, December 8, 2016, January 12, 2017, February 9, 2017, March
9, 2017, April 13, 2017, May 11, 2017, June 8, 2017, July 13, 2017, September 19, 2017, and October 12, 2017, Commission
meetings.
2 This item was continued from September 19, 2017, and October 12, 2017, Commission meetings.