HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-23-0243
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 13850
Revision: A
File Name: Direct CM - Bayfront Park Fountain Project
Requesting Dept: Commissioners and Mayor
File Type: Resolution
Status: ADOPTED
Controlling Body: City Commission
Introduced: 4/12/2023
Final Action Date: 5/25/2023
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 TWO MILLION, EIGHT HUNDRED THIRTY-THREE THOUSAND, SEVEN
HUNDRED SIXTY AND 00/100 DOLLARS ($2,833,760.00) (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
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): Mayor Francis X. Suarez
Notes:
Links:
Attachments: 13850 Exhibit A (PDF)
13850 Back -Up Documents - Substitution Memo (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
City Commission
City Commission
A Legislative Division
A Xavier Alban
A Donovan Dawson
A Marie Gouin
A Victoria Mendez
4/27/2023
4/27/2023
5/1/2023
5/1/2023
5/2/2023
5/2/2023
5/2/2023
Meeting
DEFERRED
Legislative Division Review
ACA Review
Budget Analyst Review
Budget Review
Approved Form and
Completed
Passed
Completed
Completed
Completed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 7/3/2025
City of Miami
Master Report
Enactment Number: R-23-0243
Correctness
A City Commission 5/11/2023 Meeting Completed
A City Commission 5/11/2023 DEFERRED Passed
A City Commission 5/25/2023 Meeting Completed
A City Commission 5/25/2023 ADOPTED Passed
A Mayor's Office 5/31/2023 Unsigned by the Mayor Completed
A City Clerk's Office 5/31/2023 Signed and Attested by the City Completed
Clerk
A City Clerk's Office 6/5/2023 Rendered Completed
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 of 2 Printed on: 7/3/2025