HomeMy WebLinkAboutMaster ReportFile Number: 1040
Revision:
City of Miami
Master Report
Enactment Number: R-16-0496
File Type: Resolution
File Name: Final Judgement - Violating Security Laws
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED
Controlling Body: City Commission
Introduced: 9/21/2016
Requesting Dept: Office of the City Attorney Final Action Date: 10/13/2016
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ENTRY OF A
FINAL JUDGMENT BASED ON THE JURY VERDICT RENDERED ON SEPTEMBER 14, 2016,
WHICH WILL INCLUDE BUT NOT BE LIMITED TO AN INJUNCTION AGAINST FUTURE
VIOLATIONS OF SECURITIES LAWS AND THE DIRECTOR OF FINANCE IS DIRECTED TO
PAY THE SECURITIES AND EXCHANGE COMMISSION THE AGGREGATE TOTAL SUM OF
ONE MILLION DOLLARS ($1,000,000.00) AS A CIVIL PENALTY IN FULL AND COMPLETE
SETTLEMENT OF ANY AND ALL CLAIMS AND DEMANDS AGAINST THE CITY OF MIAMI,
IN THE CASE STYLED SECURITIES AND EXCHANGE COMMISSION VS. CITY OF MIAMI,
ET AL., PENDING IN THE UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF
FLORIDA, CASE NO.: 13-22600-CIV-ALTO NAGA; ALLOCATING FUNDS FROM THE FISCAL
YEAR 2015-16 BUDGET, ACCOUNT NO. 00001.980000.531010.0000.00000.
Sponsors: Office of the City Attorney
Notes:
Links:
Attachments: 1040 Memo - Office of the City Attorney (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Victoria Mendez
10/3/2016
Approved as to Form and
Completed
Correctness
City Commission
10/13/2016
Meeting
Completed
City Commission
10/13/2016
ADOPTED
Passed
Mayor's Office
10/19/2016
Signed by the Mayor
Completed
City Clerk's Office
10/19/2016
Signed and Attested by the City
Completed
Clerk
City of Miami Page 1 of 1 Printed on: 6/4/2018