HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-21-0345
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 9541
Revision: A
File Name: Bid Waiver - CityCoins Inc.
Requesting Dept: Commissioners and Mayor
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
Introduced: 8/23/2021
Final Action Date: 9/13/2021
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, BY A FOUR -FIFTHS (4/STHS)
AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING,
CONFIRMING, AND APPROVING THE CITY MANAGER'S RECOMMENDATION TO
ENTER INTO A GIFT AGREEMENT ("AGREEMENT") PURSUANT TO SECTION 18-85
OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"),
WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING METHODS
AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CITY OF MIAMI
("CITY") FOR PURPOSES OF ACCEPTING A GIFT OF THIRTY PERCENT (30%) OF
THE REVENUE AMOUNT GENERATED FROM A CRYPTOCURRENCY CALLED
MIAMICOIN LAUNCHED BY CITYCOINS, INC., A DELAWARE NOT FOR PROFIT
ORGANIZATION PENDING REGISTRATION TO CONDUCT BUSINESS IN FLORIDA
("CITYCOINS"), AND, IN PARTNERSHIP WITH THE CITYCOINS FOUNDATION,
PROVIDING ONGOING MONETARY CONTRIBUTIONS TO THE CITY OVER WHICH
THE CITY SHALL HAVE UNILATERAL CONTROL ON THE USE OF SAID FUNDS
YIELDED BY MIAMICOIN; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE THE AGREEMENT BETWEEN THE CITY AND CITYCOINS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
OTHER DOCUMENTS, INCLUDING ANY AMENDMENTS, RENEWALS, AND
EXTENSIONS, SUBJECT TO ALL ALLOCATIONS, APPROPRIATIONS, PRIOR
BUDGETARY APPROVALS, COMPLIANCE WITH ALL APPLICABLE PROVISIONS OF
THE CITY CODE, INCLUDING THE CITY'S PROCUREMENT ORDINANCE, ANTI -
DEFICIENCY ACT, AND FINANCIAL INTEGRITY PRINCIPLES, ALL AS SET FORTH IN
CHAPTER 18 OF THE CITY CODE, IN FORMS ACCEPTABLE TO THE CITY
ATTORNEY, AND IN COMPLIANCE WITH ALL APPLICABLE LAWS, RULES, AND
REGULATIONS, AS MAY BE DEEMED NECESSARY FOR SAID PURPOSE.
Sponsor(s): Mayor Francis X. Suarez
Notes:
Pursuant to the resolution, this item became effective immediately upon adoption by the
Commission.
Links:
Attachments: 9541 Back -Up Documents (PDF)
9541 Notice to the Public (PDF)
History of Legislative File:
Revision: Acting Body: Date:
Action: Result:
Annie Perez
Legislative Division
8/24/2021
8/24/2021
Procurement Review Completed
Legislative Division Review Completed
City of Miami Page 1 of 2 Printed on: 6/2/2025
A
A
A
A
A
Pablo Velez
Leon P Michel
Barnaby L. Min
Victoria Mendez
City Commission
City Commission
Legislative Division
Pablo Velez
Barnaby L. Min
Victoria Mendez
City Clerk's Office
City of Miami
Master Report
Enactment Number:
8/26/2021
8/26/2021
8/27/2021
9/1/2021
9/13/2021
9/13/2021
9/14/2021
9/21/2021
9/21/2021
9/22/2021
9/23/2021
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
R-21-0345
ACA Review
Budget Review
Deputy City Attorney Review
Approved Form and
Correctness
Meeting
ADOPTED WITH
MODIFICATION(S)
Legislative Division Review
ACA Review
Deputy Attorney Review
Approved Form and
Correctness with Modification(s)
Rendered
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
Completed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 6/2/2025