HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-24-0182
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15973
Revision: A
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
File Name: Authorize - Miami Forever Bond Issuance Series Introduced: 4/24/2024
2024
Requesting Dept: Department of Finance Final Action Date: 5/9/2024
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
SUPPLEMENTING RESOLUTION R-19-0062 ADOPTED BY THE COMMISSION ON
FEBRUARY 14, 2019, WHICH AUTHORIZED THE ISSUANCE BY THE CITY OF ITS
LIMITED AD VALOREM TAX BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT
EXCEEDING FOUR HUNDRED MILLION DOLLARS ($400,000,000.00) IN ONE OR
MORE SEPARATE SERIES; FOR THE PURPOSES OF MAKING CERTAIN
PROVISIONS FOR AND AUTHORIZING THE AWARD OF THE CITY' S LIMITED AD
VALOREM TAX BONDS (MIAMI FOREVER INFRASTRUCTURE PROGRAMS), SERIES
2024, IN ONE OR MORE TAX-EXEMPT AND/OR TAXABLE SERIES, IN AN
AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED THREE HUNDRED MILLION
DOLLARS ($300,000,000) (THE "SERIES 2024 INFRASTRUCTURE BONDS" ) TO
FINANCE THE INFRASTRUCTURE PROJECTS AS DESCRIBED IN RESOLUTION R-
19-0062 AND THE ADDITIONAL INFRASTRUCTURE PROJECTS DESCRIBED IN
EXHIBIT "C-2" HEREOF UPON THE SATISFACTION OF CERTAIN PARAMETERS
DESCRIBED HEREIN; RE -DESIGNATING EXHIBIT "C" TO RESOLUTION R-19-0062
AS EXHIBIT "C-1" THERETO; AUTHORIZING THE NEGOTIATED SALE OF THE
2024 INFRASTRUCTURE BONDS; APPROVING THE FORM AND AUTHORIZING THE
EXECUTION OF A BOND PURCHASE AGREEMENT IN CONNECTION THEREWITH;
APPROVING THE FORM OF AND THE DISTRIBUTION OF A PRELIMINARY OFFICIAL
STATEMENT AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FINAL
OFFICIAL STATEMENT RELATING TO THE SERIES 2024 INFRASTRUCTURE BONDS
AND TO EXECUTE AND DELIVER ANY RELATED AGREEMENTS; APPOINTING A
BOND REGISTRAR AND PAYING AGENT; COVENANTING TO PROVIDE
CONTINUING DISCLOSURE IN CONNECTION WITH THE SERIES 2024
INFRASTRUCTURE BONDS IN ACCORDANCE WITH SECURITIES AND EXCHANGE
COMMISSION RULE 15C2-12 AND APPROVING THE FORM AND AUTHORIZING THE
EXECUTION AND DELIVERY OF A CONTINUING DISCLOSURE AGREEMENT WITH
RESPECT THERETO AND APPOINTING A DISCLOSURE DISSEMINATION AGENT
THEREUNDER; AUTHORIZING CERTAIN OFFICIALS OF THE CITY TO EXECUTE
ANY DOCUMENT OR TO TAKE ANY ACTIONS REQUIRED IN CONNECTION WITH
THE ISSUANCE OF THE SERIES 2024 INFRASTRUCTURE BONDS; PROVIDING FOR
SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
Notes:
Links:
Attachments: 15973 Exhibit SUB (PDF)
History of Legislative File:
City of Miami Page 1 of 2 Printed on: 7/29/2025
City of Miami
Master Report
Enactment Number: R-24-0182
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Revision: Acting Body: Date: Action: Result:
Erica T Paschal 4/25/2024 Department Head Review Completed
Marie Gouin 4/29/2024 Budget Review Completed
Larry M. Spring 4/30/2024 Assistant City Manager Review Completed
Arthur Noriega V 4/30/2024 City Manager Review Completed
Legislative Division 4/30/2024 Legislative Division Review Completed
City Commission 5/9/2024 Meeting Completed
City Commission 5/9/2024 ADOPTED WITH Passed
MODIFICATION(S)
A Mayor's Office 5/17/2024 Unsigned by the Mayor Completed
A City Clerk's Office 5/17/2024 Signed and Attested by the City Completed
Clerk
A Legislative Division 5/20/2024 Legislative Division Review Completed
A Jihan Soliman 5/29/2024 ACA Review Completed
A George K. Wysong III 6/4/2024 Approved Form and Completed
Correctness with Modification(s)
A City Clerk's Office 6/11/2024 Rendered Completed
City of Miami Page 2 of 2 Printed on: 7/29/2025