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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 4367 Revision: A File Name: Allocate Funds - Miami Forever Bond Requesting Dept: Commissioners and Mayor File Type: Resolution Status: WITHDRAWN Controlling Body: City Commission Introduced: 6/18/2018 Final Action Date: 12/13/2018 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION ALLOCATING FUNDS IN AN AMOUNT NOT TO EXCEED TWO MILLION DOLLARS ($2,000,000.00), FROM THE AFFORDABLE HOUSING CATEGORY OF A FUTURE SERIES OF MIAMI FOREVER TAX-EXEMPT OR TAXABLE LIMITED AD VALOREM TAX BONDS ("MIAMI FOREVER BONDS"), SUBJECT TO: (A) COMPLIANCE WITH THE CONSTITUTION OF THE STATE OF FLORIDA, THE UNITED STATES INTERNAL REVENUE CODE, THE CHARTER OF THE CITY OF MIAMI, FLORIDA, THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ANY AND ALL OTHER FEDERAL, STATE, AND LOCAL LAW REQUIREMENTS, AND ANY REQUIRED BOND VALIDATION, (B) APPROVAL BY THE MIAMI FOREVER BOND PROGRAM CITIZENS OVERSIGHT BOARD, AND (C) ALL OTHER MATTERS AND ACTIONS NECESSARY, IN A FORM ACCEPTABLE TO BOND COUNSEL, DISCLOSURE COUNSEL, FINANCIAL ADVISORS, AND CITY ATTORNEY TO BE USED WITHIN DISTRICT 2, TOWARD SINGLE FAMILY HOME REHABILITATION FOR RESIDENTS AT ONE HUNDRED FORTY PERCENT (140%) ADJUSTED MEDIAN INCOME OR BELOW, WITH FUNDS TO BE APPROPRIATED BY SEPARATE RESOLUTION(S). Sponsor(s): Commissioner Ken Russell Notes: Links: Attachments: 4367-Submittal-Vice Chair Ken Russell -Before and After Photos of Property Renovations (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: A A A A A Legislative Division Christopher M Rose Barnaby L. Min Victoria Mendez City Commission City Commission City Commission City Commission 6/19/2018 6/19/2018 6/19/2018 6/19/2018 6/28/2018 6/28/2018 12/13/2018 12/13/2018 Legislative Division Review Budget Review Deputy City Attorney Review Approved Form and Correctness Meeting INDEFINITELY DEFERRED Meeting WITHDRAWN Completed Completed Completed Completed Completed Passed Completed Passed City of Miami Page 1 of 1 Printed on: 2/25/2025