HomeMy WebLinkAboutR-74-0154RESOLUTION NO. 704600.51
A RESOLUTION AUTHORIZING THE CITY MANAGER AND
THE DIRECTOR OF FINANCE TO PROCEED WITH THE
SUBORDINATION OF CITY OF MtAMI PROra t'x IN THE
SPORTSMEN'S PARK WAREHOUSE SUBDIVISION THEREBY
PERMITTING THE ORANGE BOWL COMMI'rrE TO BEGIN
IMMEDIATE CONSTRUCTION OF THE 3RD. ADDITION TO
THE CITY' S WAREHOUSE UTILIZED BY THE ORANGE BOWL
COMMITTEE UNTIL SUCH TIME AS FINANCING THROUGH THE
ISSUANCE OF CITY CERTIFICATES OF INDEBTEDNESS
HAVE BEEN COMPLETED.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. That the City Manager and the Director of Finance
are hereby authorized to proceed with the subordination of City of
Miami property in the Sportsmen's Park Warehouse Subdivision thereby
permitting the Orange Bowl Committee to begin immediate construction
of the 3rd. addition to the City's Warehouse utilized by the Orange
Bowl Committee until such time as financing through the issuance of
City Certificates of Indebtedness have been completed.
PASSED AND ADOPTED this ait 7 day of Ft 8 ',9 /
1974.
APPROVED AS TO FORM AND CORRECTNESS:
John S. Lloyd
City Attorney
FEB 2, B 1974
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