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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #11846 Date: 04/15/2022 Commission Meeting Date: 05/31/2022 Requesting Department: Department of Finance Sponsored By: District Impacted: All Type: Resolution Subject: Appoint Representative - Sunshine State Governmental Financing Commission Purpose of Item: A resolution of the Miami Commission appointing a representative, specifically the Finance Director or their designee, to the Sunshine State Governmental Financing Commission; providing certain other matters in connection therewith as requested by the Sunshine State Governmental Financing Commission. Background of Item: Participating counties and cities created the Sunshine State Governmental Financing Commission (the "Commission") pursuant to a certain Interlocal Agreement and Chapter 163, Part I, Florida Statutes, for the purpose of issuing its revenue bonds to make loans to governmental units for qualified projects. The City of Miami has previously executed the Interlocal Agreement and is a member of the Commission and has issued debt thru the Commission and participated in its programs. Budget Impact Analysis Item is NOT Related to Revenue Item has NOT an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: N/A Department of Finance Office of Management and Budget Office of Management and Budget City Manager's Office Legislative Division City Manager's Office Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission City Commission Office of the City Clerk Reviewed B Erica T Paschal Donovan Dawson Marie Gouin Fernando Casamayor Valentin J Alvarez Arthur Noriega V Xavier Alban Valentin J Alvarez Victoria Mendez Nicole Ewan Maricarmen Lopez City Clerk's Office Department Head Review Budget Analyst Review Budget Review Assistant City Manager Review Legislative Division Review City Manager Review ACA Review Deputy City Attorney Review Approved Form and Correctness Meeting Meeting Rendered Completed Completed Completed Completed Completed Completed Completed Skipped Completed Completed Completed Completed 04/15/2022 11:40 AM 04/21/2022 12:59 PM 04/21/2022 6:15 PM 04/22/2022 12:19 PM 04/22/2022 12:48 PM 04/25/2022 8:18 AM 04/25/2022 12:00 PM 04/22/2022 12:31 PM 05/05/2022 7:18 AM 05/26/2022 9:00 AM 05/31/2022 9:00 AM 06/09/2022 3:38 PM City of Miami Legislation Resolution Enactment Number: R-22-0182 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11846 Final Action Date:5/31/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION APPOINTING THE CITY OF MIAMI ("CITY") FINANCE DIRECTOR, OR HIS/HER DESIGNATED REPRESENTATIVE, AS THE CITY'S REPRESENTATIVE TO THE SUNSHINE STATE GOVERNMENTAL FINANCING COMMISSION; PROVIDING CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, certain participating counties and municipalities created the Sunshine State Governmental Financing Commission ("SSGF Commission") pursuant to a certain Interlocal Agreement and Chapter 125, Part 1, Chapter 166, Part II and Chapter 159, Part I, Florida Statutes, as amended and other applicable provisions of law (the "Act") to issue municipal bonds pursuant to its Governmental Financing Program ("Program"); and WHEREAS, the City of Miami, Florida ("City") has previously executed the Interlocal Agreement and is a member of the SSGF Commission; and WHEREAS, the City has previously issued debt through the SSGF Commission and participated in the SSGF Commission's Program; and WHEREAS, the SSGF Commission has requested that a representative of the City serve on the Board of Directors of the SSGF Commission; and WHEREAS, the City Commission desires to appoint a representative to the SSGF Commission and such representative may be nominated and elected by the Board of Directors of the SSGF Commission to serve on its Board of Directors; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City's Finance Director, or his/her designated representative, is hereby appointed as the representative of the City on the SSGF Commission. Section 3. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ndez, ity Attor ey 5/5/2022