HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-18-0095
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 3725
Revision: C
File Name: Bonds - Baseball Stadium Garage
Requesting Dept: Department of Finance
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
Introduced: 2/15/2018
Final Action Date: 3/8/2018
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED EIGHTEEN MILLION
DOLLARS ($18,000,000.00) IN AGGREGATE PRINCIPAL AMOUNT OF A CITY OF
MIAMI ("CITY") TAXABLE SPECIAL OBLIGATION PARKING REVENUE REFUNDING
NOTE, SERIES 2018 (MARLINS STADIUM PARKING FACILITIES PROJECT) ("NOTE")
AND THE COSTS OF ISSUANCE THEREOF; APPROVING THE SELECTION OF THE
PRIVATE PLACEMENT PROPOSAL FROM BRANCH BANKING AND TRUST
COMPANY ("PURCHASER" AND "LENDER") AND PROVIDING FOR THE PRIVATE
PLACEMENT WITH AND NEGOTIATED SALE OF SAID NOTE TO THE LENDER;
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 ANY 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,
ASSISTANT FINANCE DIRECTOR, FINANCIAL ADVISOR, AND ALL OTHER CITY
OFFICIALS IN CONNECTION THEREWITH; FURTHER AUTHORIZING THE CITY
MANAGER, CITY ATTORNEY, CHIEF FINANCIAL OFFICER, FINANCE DIRECTOR,
ASSISTANT FINANCE DIRECTOR, FINANCIAL ADVISOR, BOND COUNSEL, BOND
REGISTRARS, NOTE REGISTRAR, ESCROW AGENT, PAYING AGENTS, AND ALL
OTHER NECESSARY CITY OFFICIALS TO UNDERTAKE THE NECESSARY STEPS
AND TO NEGOTIATE, EXECUTE, AND DELIVER ANY AND ALL NECESSARY
ESCROW DEPOSIT AGREEMENTS, NOTICES, DOCUMENTS, AND INSTRUMENTS
IN CONNECTION WITH THE REDEMPTION OF FOURTEEN MILLION SEVEN
HUNDRED FORTY-FIVE THOUSAND DOLLARS ($14,745,000.00) OF THE CITY'S
OUTSTANDING PRINCIPAL AMOUNT OF TAXABLE SPECIAL OBLIGATION PARKING
REVENUE BONDS, SERIES 2010B (MARLINS STADIUM PROJECT) ("SERIES 2010B
BONDS"); AUTHORIZING THE TRANSFER OF ALL REMAINING PROCEEDS AND
INTEREST ON THE SERIES 2010B BONDS, IF ANY, FOR REDEMPTION IN
ACCORDANCE WITH THE AUTHORIZING RESOLUTION (AS DEFINED BELOW) AND
CONTINUING DISCLOSURE AGREEMENT (AS DEFINED BELOW) FOR CONTINUING
COMPLIANCE FOR THE SERIES 2010B BONDS; DELEGATING AUTHORITY TO THE
CITY MANAGER TO SELECT AND APPOINT THE ESCROW AGENT AND THE
VERIFICATION AGENT; 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.
City of Miami Page 1 of 2 Printed on: 4/2/2026
City of Miami City Hall
3500 Pan American Drive
Miami, FL 33133
Master Report www.miamigov.com
Enactment Number: R-18-0095
Notes: Revision C has the Scriveners amendment made by law department and per legal opinion,
it may be certified instead of Revision B.
Links:
Attachments: 3725 Scrivener's Error Memo (PDF)
3725 Exhibit A -SUB (PDF)
3725 Exhibit B (PDF)
3725 Memo From City Manager (PDF)
3725 Legislation -SUB (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Richara E. Brown 2/22/2018 Department Head Review Completed
Donovan Dawson 2/27/2018 Review Pending Completed
Christopher M Rose 2/27/2018 Budget Review Completed
Fernando Casamayor 2/27/2018 Assistant City Manager Review Completed
Nzeribe lhekwaba 2/27/2018 City Manager Review Completed
City Commission 3/8/2018 Meeting Completed
City Commission 3/8/2018 ADOPTED WITH Passed
MODIFICATION(S)
B Legislative Division 3/16/2018 Legislative Division Review Completed
B Mayor's Office 3/19/2018 Signed by the Mayor Completed
B City Clerk's Office 3/19/2018 Signed and Attested by the City Completed
Clerk
B Legislative Division 3/19/2018 Legislative Division Review Completed
B Barnaby L. Min 3/20/2018 Deputy Attorney Review Completed
B Victoria Mendez 3/20/2018 Approved Form and Completed
Correctness with Modification(s)
C Legislative Division 3/21/2018 Legislative Division Review Completed
C Victoria Mendez 3/21/2018 Approved Form and Completed
Correctness with Modification(s)
C City Clerk's Office 3/21/2018 Rendered Completed
City of Miami Page 2 of 2 Printed on: 4/2/2026