HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-19-0123
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 5496
Revision: A
File Type: Resolution
File Name: Approve Refunding Plan - Marlins Stadium Parking
Facilities Project
Status: ADOPTED
Controlling Body: City Commission
Introduced: 2/7/2019
Requesting Dept: Department of Finance Final Action Date: 3/28/2019
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED NINETY MILLION DOLLARS
($90,000,000.00) IN AGGREGATE PRINCIPAL AMOUNT OF A CITY OF MIAMI
("CITY") SPECIAL OBLIGATION PARKING REVENUE REFUNDING NOTE, SERIES
2020 (MARLINS STADIUM PARKING FACILITIES PROJECT) ("NOTE") AND THE
COSTS OF ISSUANCE THEREOF; APPROVING THE SELECTION OF THE PRIVATE
PLACEMENT PROPOSAL FROM CAPITAL ONE PUBLIC FUNDING, LLC ( "LENDER")
AND PROVIDING FOR THE DIRECT LOAN FROM 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, IN A FORM ACCEPTABLE TO
THE CITY ATTORNEY AND BOND COUNSEL, OF A LOAN AGREEMENT, THE NOTE,
A FORWARD COMMITMENT, 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,
FINANCIAL ADVISOR, AND ALL OTHER CITY OFFICIALS IN CONNECTION
THEREWITH; FURTHER AUTHORIZING THE CITY MANAGER, CITY ATTORNEY,
FINANCIAL ADVISOR, BOND COUNSEL, BOND REGISTRAR, NOTE REGISTRAR,
ESCROW AGENT, PAYING AGENT, AND ALL OTHER NECESSARY CITY OFFICIALS
TO UNDERTAKE ALL NECESSARY STEPS AND TO NEGOTIATE, EXECUTE, AND
DELIVER, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY AND BOND
COUNSEL, ANY AND ALL NECESSARY ESCROW DEPOSIT AGREEMENTS,
NOTICES, DOCUMENTS, AND INSTRUMENTS IN CONNECTION WITH THE
REDEMPTION OF EIGHTY-FOUR MILLION FIVE HUNDRED FORTY THOUSAND
DOLLARS ($84,540,000.00) OF THE CITY' S OUTSTANDING PRINCIPAL AMOUNT
OF TAX-EXEMPT SPECIAL OBLIGATION PARKING REVENUE BONDS, SERIES
2010A (MARLINS STADIUM PROJECT) ( "SERIES 2010A 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.
Notes:
Revision A has the Scrivener's amendment by law department and per legal opinion, it may
be certified instead of Original Revision.
Links:
Attachments: 5496 Composite Exhibit A (PDF)
5496 Composite Exhibit B (PDF)
City of Miami Page 1 of 2 Printed on: 4/17/2025
City of Miami
Master Report
Enactment Number: R-19-0123
5496 Exhibit C (PDF)
5496 Exhibit D (PDF)
5496 Scrivener's Error Memo (PDF)
5496 Legislation -SUB (PDF)
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
Donovan Dawson
Christopher M Rose
Legislative Division
Sandra Bridgeman
Nikolas Pascual
City Commission
City Commission
Mayor's Office
City Clerk's Office
A Barnaby L. Min
A Victoria Mendez
A City Clerk's Office
2/25/2019
3/4/2019
3/4/2019
3/19/2019
3/19/2019
3/19/2019
3/28/2019
3/28/2019
4/2/2019
4/2/2019
1/17/2020
1/22/2020
2/6/2020
Department Head Review
Budget Analyst Review
Budget Review
Legislative Division Review
Assistant City Manager Review
City Manager Review
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Deputy City Attorney Review
Approved Form and
Correctness
Rendered
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
Completed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 4/17/2025