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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-21-0504 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11137 File Type: Resolution Status: ADOPTED Revision: Controlling Body: City Commission File Name: Approve - Reimbursement for Auburndale Flood Introduced: 11/30/2021 Mitigation and East Flagami Flood Mitigation Projects Requesting Dept: Commissioners and Mayor Final Action Date: 12/9/2021 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), DECLARING THE OFFICIAL INTENT OF THE CITY OF MIAMI ("CITY") TO ISSUE BOTH TAXABLE AND TAX-EXEMPT GENERAL OBLIGATION BONDS PAYABLE FROM AD VALOREM TAXES PROVIDED THAT THE CAPITAL PROJECTS DEBT MILLAGE NOT EXCEED THE RATE OF 0.5935 MILLS IN ACCORDANCE WITH THE NOVEMBER 7, 2017 BOND REFERENDUM APPROVED BY THE VOTERS, INITIALLY IN AN EXPECTED NOT TO EXCEED TOTAL MAXIMUM PRINCIPAL AMOUNT OF TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) IN ORDER TO, AMONG OTHER THINGS, REIMBURSE THE CITY FOR FUNDS ADVANCED BY THE CITY FOR CERTAIN EXPENSES INCURRED WITH RESPECT TO CAPITAL PROJECTS TO BE UNDERTAKEN BY THE CITY TO REDUCE FLOODING RISKS, ALL AS INDICATED IN THE ATTACHED PROJECT LIST IN EXHIBIT "A," ATTACHED AND INCORPORATED (COLLECTIVELY, "TRANCHE 2 FLOOD MITIGATION PROJECTS"); ESTABLISHING CERTAIN RELATED DEFINITIONS OF TERMS; AUTHORIZING CERTAIN FURTHER AND INCIDENTAL ACTIONS BY THE CITY MANAGER IN CONSULTATION WITH THE CITY ATTORNEY, BOND COUNSEL, DISCLOSURE COUNSEL, FINANCIAL ADVISOR, CHIEF FINANCIAL OFFICER, FINANCE DIRECTOR, BUDGET DIRECTOR, AND SUCH OTHER APPROPRIATE OFFICERS, EMPLOYEES, AND AGENTS OF THE CITY AS THE CITY MANAGER DEEMS NECESSARY, ALL AS REQUIRED FOR PURPOSES OF SECTIONS 103 AND 141-150 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND FOR COMPLIANCE THEREWITH; FURTHER AUTHORIZING RELATED AMENDMENTS TO THE CITY'S MULTI -YEAR CAPITAL PLAN AS NECESSARY. Sponsor(s): Commissioner Manolo Reyes Notes: Links: Attachments: 11137 Exhibit A (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Legislative Division Xavier Alban Marie Gouin Victoria Mendez City Commission City Commission Mayor's Office 11/30/2021 11/30/2021 11/30/2021 11/30/2021 12/9/2021 12/9/2021 12/20/2021 Legislative Division Review ACA Review Budget Review Approved Form and Correctness Meeting ADOPTED Unsigned by the Mayor Completed Completed Completed Completed Completed Passed Completed City of Miami Page 1 of 2 Printed on: 6/6/2025 City Clerk'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-21-0504 12/20/2021 Signed and Attested by the City Completed Clerk 12/20/2021 Rendered Completed City of Miami Page 2 of 2 Printed on: 6/6/2025