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HomeMy WebLinkAboutFinance CCMemo 2015-05-14CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Members Date: April 27, 2015 of the City Commission A�_� Subject: Finance Committee From: Todd B. Hannon References: Agenda for May 14, 2015 City Clerk 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. One (1) appointment is required at this time: • Commissioner Marc David Sarnoff has one (1) nomination for a seat currently held by: 1. Richard Brodsky, incumbent, whose term expired on December 13, 2013.* For your convenience, we are including a copy of the current membership of said committee. By copy of this memorandum, we are requesting that the Agenda Office place this issue on the May 14, 2015, Commission agenda. TBH:ne c: Marisol Artiles, Administrative Assistant II, Finance Dept. Jose M. Fernandez, Director, Finance Dept. Robin Jones Jackson, Assistant City Attorney Julia D. Hernandez, Agenda Coordinator This item was continued from November 21, 2013, January 9, 2014, February 13, 2014, March 13, 2014, April 10, 2014, May 8, 2014, June 12, 2014, July 10, 2014, September 11, 2014, October 9, 2014, November 20, 2014, December 11, 2014, January 8, 2015, February 12, 2015, March 12, 2015, and April 9, 2015, Commission meetings.