HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-19-0207
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 5382
Revision:
File Name: Vehicle Master Lease Program
Requesting Dept: Office of Management and Budget
File Type: Resolution
Status: ADOPTED
Controlling Body: City Commission
Introduced: 1/8/2019
Final Action Date: 5/23/2019
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING, PURSUANT TO THE REQUEST FOR PROPOSALS THAT WAS ISSUED
APRIL 22, 2019 BY CITY OF MIAMI ("CITY") FINANCIAL ADVISOR PUBLIC
FINANCIAL MANAGEMENT, INC. ("PFM"), THE SELECTION OF THE PROPOSAL
SUBMITTED BY SANTANDER BANK FOR THE PROVISION OF CAPITAL FINANCING
IN A NOT TO EXCEED TOTAL AGGREGATE PRINCIPAL AMOUNT OF THIRTY SIX
MILLION DOLLARS ($36,000,000.00) FOR THE LEASE/PURCHASE ACQUISITION OF
APPROXIMATELY FIVE HUNDRED FORTY (540) POLICE VEHICLES, GENERAL
LIGHT FLEET VEHICLES, GENERAL HEAVY FLEET VEHICLES, AND FIRE
APPARATUS VEHICLES AND FOR PAYMENT OF THE FINANCING COSTS OF THE
SAME; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A
FINANCING LEASE/PURCHASE AGREEMENT ("AGREEMENT") FOR SAID
VEHICLES, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AND ANY AND ALL
AMENDMENTS AND DOCUMENTS REQUIRED BY SAID AGREEMENT, PROVIDED
THAT THE TERMS ARE CONSISTENT AND IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY; FURTHER AUTHORIZING THE CITY MANAGER TO TAKE ANY AND ALL
ACTION NECESSARY TO EFFECTUATE SAID LEASE/PURCHASE ACQUISITIONS,
SUBJECT TO THE AVAILABILITY OF FUNDS AND BUDGETARY APPROVAL AT THE
TIME OF NEED.
Notes:
Links:
Attachments: 5382 Exhibit (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Christopher M Rose
Sandra Bridgeman
Legislative Division
Nikolas Pascual
Pablo Velez
Barnaby L. Min
Victoria Mendez
City Commission
City Commission
Mayor's Office
City Clerk's Office
City Clerk's Office
5/14/2019
5/14/2019
5/14/2019
5/14/2019
5/14/2019
5/14/2019
5/14/2019
5/23/2019
5/23/2019
5/31/2019
5/31/2019
5/31/2019
Department Head Review
Assistant City Manager Review
Legislative Division Review
City Manager Review
ACA Review
Deputy City Attorney Review
Approved Form and
Correctness
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Rendered
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 4/18/2025
City of Miami
Master Report
Enactment Number: R-19-0207
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 of 2 Printed on: 4/18/2025