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Master Report
Enactment Number: R-22-0398
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 12683 File Type: Resolution Status: ADOPTED
Revision: Controlling Body: City Commission
File Name: Declare Intent - Issue Bonds - Parks and Resilience Introduced: 9/29/2022
Requesting Dept: Commissioners and Mayor Final Action Date: 10/13/2022
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, IN ONE OR
MORE SERIES, 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, IN AN EXPECTED NOT TO EXCEED TOTAL MAXIMUM PRINCIPAL
AMOUNT OF TWELVE MILLION ONE HUNDRED SEVENTY-FIVE THOUSAND
DOLLARS ($12,175,000.00) (COLLECTIVELY, "LIMITED AD VALOREM BONDS") 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 AND IMPROVE PARKS, CULTURAL FACILITIES, STREETS, AND
INFRASTRUCTURE, ALL AS INDICATED IN THE ATTACHED PROJECT LIST IN
EXHIBIT "A," ATTACHED AND INCORPORATED; 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: 12683 Exhibit A (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Legislative Division
Richard Appleton
Marie Gouin
Victoria Mendez
City Commission
City Commission
9/30/2022
10/3/2022
10/3/2022
10/3/2022
10/13/2022
10/13/2022
Legislative Division Review
ACA Review
Budget Review
Approved Form and
Correctness
Meeting
ADOPTED
Completed
Completed
Completed
Completed
Completed
Passed
City of Miami Page 1 of 2 Printed on: 6/23/2025
Mayor's Office
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-22-0398
10/21/2022 Signed by the Mayor Completed
10/21/2022 Signed and Attested by the City Completed
Clerk
10/21/2022 Rendered Completed
City of Miami Page 2 of 2 Printed on: 6/23/2025