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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-26-0198 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 19179 Revision: File Type: Resolution File Name: MFB - Declaration of Intent - Roadways and Public Safety - Group 2 Status: ADOPTED Controlling Body: City Commission Introduced: 4/10/2026 Requesting Dept: Office of Management and Budget Final Action Date: 4/23/2026 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 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, INITIALLY IN AN EXPECTED NOT TO EXCEED TOTAL MAXIMUM PRINCIPAL AMOUNT OF TWENTY MILLION, FIVE HUNDRED THIRTY-NINE THOUSAND AND 00/100 DOLLARS ($20,539,000.00) 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 STREETS AND INFRASTRUCTURE AND TO ENHANCE PUBLIC SAFETY, ALL AS INDICATED IN THE ATTACHED PROJECT LIST IN EXHIBIT "A," ATTACHED AND INCORPORATED (COLLECTIVELY, AS "MFB ROADWAY AND PUBLIC SAFETY — GROUP 2"); ESTABLISHING CERTAIN RELATED DEFINITIONS OF TERMS; AUTHORIZING CERTAIN FURTHER AND INCIDENTAL ACTIONS BY THE CITY MANAGER IN CONSULTATION WITH THE CITY ATTORNEY, BOND COUNSEL, DISCLOSURE COUNSEL, FINANCIAL ADVISOR, CHIEF FINANCIAL OFFICER, FINANCE DIRECTOR, BUDGET DIRECTOR, 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 U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND FOR COMPLIANCE THEREWITH; FURTHER AUTHORIZING RELATED AMENDMENTS TO THE CITY'S MULTI -YEAR CAPITAL PLAN AS NECESSARY. Notes: Links: Attachments: 19179 Exhibit A (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Marie Gouin Lai -wan McGinnis Legislative Division Munirah Daniel Natasha Colebrook -Williams Xavier Alban George K. Wysong III 4/14/2026 4/14/2026 4/14/2026 4/14/2026 4/14/2026 4/14/2026 4/14/2026 Department Head Review Budget Analyst Review Legislative Division Review FINANCE Review Approved on behalf of the City Manager Deputy Attorney Review Approved Form and Completed Completed Completed Completed Completed Completed Completed City of Miami Page 1 of 2 Printed on: 5/5/2026 City of Miami Master Report Enactment Number: R-26-0198 Correctness City Commission 4/23/2026 Meeting Completed City Commission 4/23/2026 ADOPTED Passed Mayor's Office 5/1/2026 Signed by the Mayor Completed City Clerk's Office 5/1/2026 Signed and Attested by the City Completed Clerk City Clerk's Office 5/1/2026 Rendered Completed City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City of Miami Page 2 of 2 Printed on: 5/5/2026