HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-24-0275
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16234
Revision:
File Name: Authorize - MFB Issuance Series 2024C
Requesting Dept: Department of Finance
File Type: Resolution
Status: ADOPTED
Controlling Body: City Commission
Introduced: 6/14/2024
Final Action Date: 7/11/2024
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
SUPPLEMENTING RESOLUTION NO. R-19-0062, ADOPTED BY THE COMMISSION
ON FEBRUARY 14, 2019, WHICH AUTHORIZED THE ISSUANCE BY THE CITY OF
MIAMI ("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 2024C, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO
EXCEED [ONE HUNDRED TWENTY MILLION FOUR HUNDRED EIGHTY THOUSAND
DOLLARS ($120,480,000)] (THE SERIES 2024C INFRASTRUCTURE BONDS) TO
FINANCE THE INFRASTRUCTURE PROJECTS AS DESCRIBED IN RESOLUTION NO.
R-19-0062 AND THE ADDITIONAL INFRASTRUCTURE PROJECTS DESCRIBED IN
EXHIBIT "C" HEREOF UPON THE SATISFACTION OF CERTAIN PARAMETERS
DESCRIBED HEREIN; AUTHORIZING THE NEGOTIATED SALE OF THE SERIES
2024C 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 2024C
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 2024C 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
2024C INFRASTRUCTURE BONDS; PROVIDING FOR SEVERABILITY; AND
PROVIDING AN EFFECTIVE DATE.
Notes:
Links:
Attachments: 16234 Exhibit A (PDF)
16234 Exhibit B (PDF)
16234 Exhibit C (PDF)
16234 Exhibit D (PDF)
16234 Exhibit E (PDF)
16234 Exhibit F (PDF)
16234 Submittal -Larry Spring -Project List (PDF)
City of Miami Page 1 of 2 Printed on: 8/4/2025
City of Miami
Master Report
Enactment Number: R-24-0275
History of Legislative File:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Revision: Acting Body: Date: Action: Result:
Erica T Paschal 6/24/2024 Department Head Review Completed
Donovan Dawson 6/26/2024 Budget Analyst Review Completed
Marie Gouin 6/26/2024 Budget Review Completed
Legislative Division 7/1/2024 Legislative Division Review Completed
Arthur Noriega V 7/1/2024 City Manager Review Completed
Xavier Alban 7/1/2024 ACA Review Completed
George K. Wysong III 7/1/2024 Approved Form and Completed
Correctness
City Commission 7/11/2024 Meeting Completed
City Commission 7/11/2024 ADOPTED Passed
Mayor's Office 7/11/2024 Signed by the Mayor Completed
City Clerk's Office 7/11/2024 Signed and Attested by the City Completed
Clerk
City Clerk's Office 7/11/2024 Rendered Completed
City of Miami Page 2 of 2 Printed on: 8/4/2025