HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-17-0329
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2303 File Type: Resolution
Revision: A
File Name: Omni CRA Financing Schedule and Distribution List
Requesting Dept: OMNI Community Redevelopment Agency
Status: ADOPTED
Controlling Body: City Commission
Introduced: 5/9/2017
Final Action Date: 7/13/2017
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS,
ACKNOWLEDGING THE INTENT OF THE OMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY ("OMNI CRA") TO OBTAIN DEBT
FINANCING THROUGH ITS ISSUANCE IN A TOTAL AGGREGATE PRINCIPAL
AMOUNT NOT TO EXCEED TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) OF
TAX INCREMENT REVENUE NOTES ("SERIES 2017 NOTES") TO FINANCE THE
OMNI CRA'S REDEVELOPMENT ACTIVITIES AS SET FORTH ON COMPOSITE
EXHIBIT "A", ATTACHED AND INCORPORATED, IN ACCORDANCE WITH THE
REQUIREMENTS OF CHAPTER 163, PART III, FLORIDA STATUTES, AS AMENDED;
DELEGATING TO THE OMNI CRA THE AUTHORITY TO ISSUE AND SELL THE
SERIES 2017 NOTES AND AUTHORIZING AND APPROVING THE ISSUANCE AND
SALE OF THE SERIES 2017 NOTES BY THE OMNI CRA; FINDING, DETERMINING,
AND ACKNOWLEDGING NO LIABILITY ON THE PART OF THE CITY OF MIAMI
("CITY") FOR (A) ISSUANCE, SALE, AND REPAYMENT OF THE SERIES 2017
NOTES, (B) THE DISCLOSURES RELATED THERETO, (C) CONTINUING
COMPLIANCE RELATED THERETO, AND (D) COMPLIANCE BY THE OMNI CRA
WITH THE RELATED INTERLOCAL AGREEMENTS; REQUIRING THE OMNI CRA TO
INCLUDE ALL SUCH RESTRICTIONS, LIMITATIONS, AND INDEMNIFICATIONS OF
THE CITY IN ALL DOCUMENTS, INSTRUMENTS, AND INFORMATION RELATED TO
THE SERIES 2017 NOTES; PROVIDING FOR AN EFFECTIVE DATE.
Notes:
Revision A has the Scriveners amendment by law department and per legal opinion, it may
be certified instead of original version.
Links:
Attachments: 2303 Exhibit - Draft Loan Agreement (PDF)
2303 Exhibit - Loan Letter of Interest (PDF)
2303 Composite Exhibit A (PDF)
2303 Scrivener's Error Memo (PDF)
2303 Legislation -SUB (PDF)
History of Legislative File:
Revision: Acting Body: Date:
Action:
Result:
Jason M. Walker
Donovan Dawson
Christopher M Rose
Alberto N. Parjus
Daniel J. Alfonso
Legislative Division
City Commission
City Commission
6/30/2017
7/3/2017
7/3/2017
7/3/2017
7/3/2017
7/3/2017
7/13/2017
7/13/2017
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
Meeting
ADOPTED
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
City of Miami Page 1 of 2 Printed on: 3/24/2025
Mayor's Office
City Clerk's Office
City of Miami
Master Report
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Enactment Number: R-17-0329
7/21/2017 Signed by the Mayor Completed
7/21/2017 Signed and Attested by the City Completed
Clerk
A Legislative Division 1/31/2019 Legislative Division Review Completed
A Xavier Alban 3/7/2019 ACA Review Completed
A Barnaby L. Min 3/7/2019 Deputy Attorney Review Completed
A Victoria Mendez 3/12/2019 Approved Form and Completed
Correctness
A City Clerk's Office 3/13/2019 Rendered Completed
City of Miami Page 2 of 2 Printed on: 3/24/2025