HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-25-0067
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17289 File Type: Resolution Status: ADOPTED
Revision: Controlling Body: City Commission
File Name: Allocate MFB Dollars — D5 Single Family and/or Introduced: 2/25/2025
Twin Homes
Requesting Dept: Commissioners and Mayor Final Action Date: 3/13/2025
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
DECLARING THE OFFICIAL INTENT OF THE CITY OF MIAMI ("CITY") TO ISSUE TAX-
EXEMPT OR TAXABLE GENERAL OBLIGATION BONDS 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 INITIAL EXPECTED
NOT TO EXCEED TOTAL MAXIMUM PRINCIPAL AMOUNT OF ONE MILLION TWO
HUNDRED THOUSAND and 00/100 DOLLARS ($1,200,000.00) 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 AFFORDABLE
HOUSING WITHIN THE CITY'S LIMITS, SPECIFICALLY, FOR THE CONSTRUCTION
OF SINGLE FAMILY AND/OR TWIN HOMES IN DISTRICT 5 (COLLECTIVELY,
"DISTRICT 5 NEW CONSTRUCTION HOMEOWNERSHIP") AS MORE PARTICULARLY
DESCRIBED IN EXHIBIT "B," IN COMPLIANCE THE CITY'S SEVEN (7) AFFORDABLE
HOUSING STRATEGIES OUTLINED IN EXHIBIT "A," ATTACHED AND
INCORPORATED ("STRATEGIES FOR AFFORDABLE HOUSING PROJECTS");
ESTABLISHING CERTAIN RELATED DEFINITIONS OF TERMS; AUTHORIZING
CERTAIN FURTHER AND INCIDENTAL ACTIONS BY THE CITY MANAGER,
DESIGNATED CITY OFFICIALS, AND DEPARTMENTS, IN CONSULTATION WITH
THE CITY ATTORNEY AND SUCH OTHER APPROPRIATE OFFICERS, EMPLOYEES,
AND AGENTS OF THE CITY AS NECESSARY, ALL AS REQUIRED FOR PURPOSES
OF SECTIONS 103 AND 141-150 OF THE UNITED STATES INTERNAL REVENUE
CODE OF 1986, AS AMENDED, THE LAWS OF THE STATE OF FLORIDA ("STATE
LAWS"),THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY
CHARTER"), AND THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED
("CITY CODE"), AND FOR COMPLIANCE THEREWITH; FURTHER AUTHORIZING
RELATED AMENDMENTS TO THE CITY'S MULTI -YEAR CAPITAL PLAN AS
NECESSARY.
Sponsor(s): Commissioner Christine King
Notes:
Links:
Attachments: 17289 Exhibit A (PDF)
17289 Exhibit B (PDF)
History of Legislative File:
Revision: Acting Body: Date:
Action: Result:
City of Miami Page 1 of 2 Printed on: 8/19/2025
City of Miami
Master Report
Enactment Number: R-25-0067
Legislative Division 3/4/2025 Legislative Division Review Completed
Donovan Dawson 3/4/2025 Budget Analyst Review Completed
Leon P Michel 3/4/2025 Budget Review Completed
Xavier Alban 3/4/2025 ACA Review Completed
George K. Wysong III 3/4/2025 Approved Form and Completed
Correctness
City Commission 3/13/2025 Meeting Completed
City Commission 3/13/2025 ADOPTED Passed
Mayor's Office 3/19/2025 Signed by the Mayor Completed
City Clerk's Office 3/19/2025 Signed and Attested by the City Completed
Clerk
City Clerk's Office 3/19/2025 Rendered Completed
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 of 2 Printed on: 8/19/2025