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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-23-0411 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14592 File Type: Resolution Revision: File Name: Intent to Reimburse - Special Obligation Bonds - New Administration Building Requesting Dept: Department of Finance Status: ADOPTED Controlling Body: City Commission Introduced: 9/5/2023 Final Action Date: 9/14/2023 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION DECLARING THE OFFICIAL INTENT OF THE CITY OF MIAMI, FLORIDA ("CITY") TO ISSUE TAX-EXEMPT AND TAXABLE SPECIAL OBLIGATION BONDS OR ANY OTHER FINANCING MECHANISM ADVANTAGEOUS TO THE CITY ("FINANCING MECHANISM"), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY AND BOND COUNSEL, IN THE EXPECTED TOTAL MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000.00) IN ORDER TO, AMONG OTHER THINGS, REIMBURSE ITSELF FROM THE PROCEEDS OF SUCH SPECIAL OBLIGATION BONDS OR FINANCING MECHANISM FOR FUNDS ADVANCED BY THE CITY FOR CERTAIN EXPENSES INCURRED WITH RESPECT TO THE DEVELOPMENT, CONSTRUCTION, AND EQUIPPING OF A NEW CITY ADMINISTRATION BUILDING AND RELATED PARKING FACILITIES, AND FOR CERTAIN CAPITAL IMPROVEMENTS INFRASTRUCTURE PROJECTS RELATED THERE TO BE LOCATED AT APPROXIMATELY 1802 NW 37TH AVENUE, MIAMI, FLORIDA (COLLECTIVELY, "NEW CITY ADMINISTRATION COMPLEX PROJECTS"); ESTABLISHING CERTAIN RELATED DEFINITIONS OF TERMS; AND AUTHORIZING CERTAIN FURTHER AND INCIDENTAL ACTIONS BY THE CITY MANAGER, IN CONSULTATION WITH THE CITY ATTORNEY AND BOND COUNSEL, 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 INTERNAL REVENUE CODE OF 1986, AS AMENDED; FURTHER AUTHORIZING RELATED AMENDMENTS TO THE CITY'S MULTI -YEAR CAPITAL PLAN, AS MAY BE SUBSEQUENTLY AMENDED. Notes: Links: Attachments: History of Legislative File: Revision: Acting Body: Date: Action: Result: Erica T Paschal Donovan Dawson Marie Gouin Larry M. Spring Arthur Noriega V Legislative Division Xavier Alban Victoria Mendez 9/5/2023 9/5/2023 9/5/2023 9/5/2023 9/5/2023 9/5/2023 9/5/2023 9/5/2023 Department Head Review Budget Analyst Review Budget Review Assistant City Manager Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Completed Completed Completed Completed Completed Completed Completed Completed City of Miami Page 1 of 2 Printed on: 7/11/2025 City Commission City Commission Mayor's Office City Clerk's Office City Clerk's Office City of Miami Master Report Enactment Number: 9/14/2023 9/14/2023 9/22/2023 9/22/2023 9/25/2023 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com R-23-0411 Meeting ADOPTED Unsigned by the Mayor Signed and Attested by the City Clerk Rendered Completed Passed Completed Completed Completed City of Miami Page 2 of 2 Printed on: 7/11/2025