HomeMy WebLinkAboutMemorandumCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Mayor and
Members of the City Commission
From: Todd B. Hannon
City Clerk
Date: August 29, 2025
Subject: Finance Committee
References: Agenda for September 11, 2025
Enclosures: List of members
The Finance Committee, a seven (7) member board was created to review and make
recommendations regarding the issuance of debt obligations and the management of outstanding
debt. The committee will consider all issues related to outstanding and proposed debt obligations,
and will vote on issues affecting or relating to the credit worthiness, security and repayment of such
obligations, including but not limited to procurement of services, structure, repayment terms and
covenants of the proposed debt obligation, and issues which may affect the security of the bonds and
ongoing disclosure to bondholders and interested parties.
Six (6) appointments are needed at this time:
• Mayor Francis Suarez has one (1) nomination for a seat currently held by:
1. Eli Feinberg, incumbent, whose term expired on March 12, 2016, has served as a
member since July 21, 1998, and will require a term waiver by a unanimous (5/5) vote of
the Commission.'
• Commissioner Miguel Angel Gabela has one (1) nomination for a seat currently:
1. Vacant. (Fausto Alvarez was removed for excessive absences)2
1 This item was continued from March 11, 2016, April 14, 2016, May 12, 2016, June 9, 2016, July 14, 2016, September 8, 2016,
October 13, 2016, November 17, 2016, December 8, 2016, January 12, 2017, February 9, 2017, March 9, 2017, April 13, 2017,
May 11, 2017, June 8, 2017, July 13, 2017, September 19, 2017, October 12, 2017, January 11, 2018, February 8, 2018, March 8,
2018, April 12, 2018, May 10, 2018, June 14, 2018, July 12, 2018, September 13, 2018, October 11, 2018, November 15, 2018,
December 13, 2018, January 10, 2019, February 14, 2019, March 14, 2019, April 11, 2019, May 9, 2019, June 13, 2019, July 11,
2019, September 12, 2019, October 10, 2019, November 21, 2019, January 9, 2020, February 13, 2020, March 12, 2020, May 14,
2020, June 11, 2020, July 9, 2020, September 10, 2020, October 8, 2020, November 19, 2020, December 10, 2020, January 14,
2021, February 11, 2021, March 11, 2021, April 8, 2021, May 13, 2021, June 10, 2021, July 8, 2021, September 13, 2021,
October 14, 2021, November 18, 2021, December 9, 2021, January 13, 2022, February 10, 2022, March 10, 2022, April 14, 2022,
May 12, 2022, June 9, 2022, July 19, 2022, September 8, 2022, October 13, 2022, November 17, 2022, January 12, 2023,
February 9, 2023, March 9, 2023, April 13, 2023, May 11, 2023, June 8, 2023, July 13, 2023, September 14, 2023, October 12,
2023, November 16, 2023, December 14, 2023, January 11, 2024, February 8, 2024, March 14, 2024, April 11, 2024, May 9,
2024, June 18, 2024, July 11, 2024, September 12, 2024, October 15, 2024, November 21, 2024, December 12, 2024, January 23,
2025, February 13, 2025, March 13, 2025, April 10, 2025, and June 17, 2025, Commission meetings.
2 This item was continued from April 10, 2025, and June 17, 2025, Commission meetings.
• Commissioner Damian Pardo has one (1) nomination for a seat currently:
1. Vacant. (Michael Puck resigned effective June 10, 2024)3
• Commissioner Joe Carollo has one (1) nomination for a seat currently held by:
1. Eric Zichella, incumbent, whose term expired on October 10, 2020, has served as a
member since February 13, 2014, and will require a term waiver by a unanimous (5/5)
vote of the Commission. 4
• Commissioner Ralph "Rafael" Rosado has one (1) nomination for a seat currently held by:
1. Elsa Pelaez-Lopez, incumbent, whose term expired on December 9, 2022, has served as
a member since April 9, 2015, and will require a term waiver by a unanimous (5/5) vote
of the Commission. 5
• Commissioner Christine King has one (1) nomination for a seat currently held by:
1. Toussaint Pierre, incumbent, whose term expired on October 13, 2023.6
For your convenience, we are including a copy of the membership of the committee. By copy of this
memorandum, we are requesting that the Agenda Office place this issue on the September 11, 2025,
Commission Agenda.
TBH:ne
c: Erica Paschal, Director, Finance Dept.
Calitza Diaz -Tones, Liaison
Xavier E. Alban, Deputy City Attorney
Miriam M. Santana, Agenda Coordinator
3 This item was continued from September 12, 2024, October 15, 2024, November 21, 2024, December 12, 2024, January 23,
2025, February 13, 2025, March 13, 2025, April 10, 2025, and June 17, 2025, Commission meetings.
This item was continued from October 8, 2020, November 19, 2020, December 10, 2020, January 14, 2021, February 11, 2021,
March 11, 2021, April 8, 2021, May 13, 2021, June 10, 2021, July 8, 2021, September 13, 2021, October 14, 2021, November
18, 2021, December 9, 2021, January 13, 2022, February 10, 2022, March 10, 2022, April 14, 2022, May 12, 2022, June 9, 2022,
July 19, 2022, September 8, 2022, October 13, 2022, November 17, 2022, January 12, 2023, February 9, 2023, March 9, 2023,
April 13, 2023, May 11, 2023, June 8, 2023, July 13, 2023, September 14, 2023, October 12, 2023, November 16, 2023,
December 14, 2023, January 11, 2024, February 8, 2024, March 14, 2024, April 11, 2024, May 9, 2024, June 18, 2024, July 11,
2024, September 12, 2024, October 15, 2024, November 21, 2024, December 12, 2024, January 23, 2025, February 13, 2025,
March 13, 2025, April 10, 2025, and June 17, 2025, Commission meetings.
5 This item was continued from January 12, 2023, February 9, 2023, March 9, 2023, April 13, 2023, May 11, 2023, June 8, 2023,
July 13, 2023, September 14, 2023, October 12, 2023, November 16, 2023, December 14, 2023, January 11, 2024, February 8,
2024, March 14, 2024, April 11, 2024, May 9, 2024, June 18, 2024, July 11, 2024, September 12, 2024, October 15, 2024,
November 21, 2024, December 12, 2024, January 23, 2025, February 13, 2025, March 13, 2025, April 10, 2025, and June 17,
2025, Commission meetings.
6 This item was continued from October 12, 2023, November 16, 2023, December 14, 2023, January 11, 2024, February 8, 2024,
March 14, 2024, April 11, 2024, May 9, 2024, June 18, 2024, July 11, 2024, September 12, 2024, October 15, 2024, November
21, 2024, December 12, 2024, January 23, 2025, February 13, 2025, March 13, 2025, April 10, 2025, and June 17, 2025,
Commission meetings.