HomeMy WebLinkAboutMaster ReportCON, 01.41
City of Miami
Department Head Review
Sandra Bridgeman
7/12/2018
Assistant City Manager Review
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Master Report
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Victoria Mendez
File Number: 4371
Revision:
Enactment Number: R-18-0334
File Type: Resolution
File Name: Declaration of Intent to Reimburse - FPL
Undergrounding
Requesting Dept: Office of Management and Budget
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED
Controlling Body: City Commission
Introduced: 6/18/2018
Final Action Date: 7/26/2018
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 SPECIAL
OBLIGATION BONDS IN THE EXPECTED NOT TO EXCEED TOTAL MAXIMUM PRINCIPAL
AMOUNT OF TWENTY-SEVEN MILLION DOLLARS ($27,000,000.00) IN ORDER TO, AMONG
OTHER THINGS, REIMBURSE THE CITY FOR FUNDS ADVANCED BY THE CITY FOR
CERTAIN EXPENSES INCURRED WITH RESPECT TO CAPITAL IMPROVEMENTS TO BE
UNDERTAKEN ON BEHALF OF THE CITY BY FLORIDA POWER AND LIGHT, INC. FOR THE
UNDERGROUNDING OF TRANSMISSION FACILITIES WITHIN THE CITY'S LIMITS
("PROJECT") WHICH REPRESENTS THE CITY'S CONTRIBUTION TO THE COST OF THE
PROJECT IN ACCORDANCE WITH CITY COMMISSION RESOLUTION NO. R-17-0392
ADOPTED ON JULY 27,2017; ESTABLISHING CERTAIN RELATED DEFINITIONS OF
TERMS; AUTHORIZING CERTAIN FURTHER AND INCIDENTAL ACTIONS BY THE CITY
MANAGER, IN CONSULTATION WITH THE CITY ATTORNEY, BOND 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; FURTHER AUTHORIZING RELATED AMENDMENTS TO THE CITY'S MULTI-
YEAR CAPITAL PLAN, AS NECESSARY.
Sponsors:
Notes:
Links:
Attachments: 4371 Exhibit (PDF)
4371 Back -Up Document (PDF)
4371 Pre -Legislation (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Christopher M Rose
7/12/2018
Department Head Review
Sandra Bridgeman
7/12/2018
Assistant City Manager Review
Nikolas Pascual
7/12/2018
City Manager Review
Victoria Mendez
7/12/2018
Approved Form and
Correctness
City Commission
7/26/2018
Meeting
City Commission
7/26/2018
ADOPTED
Mayor's Office
8/6/2018
Signed by the Mayor
City Clerk's Office
8/6/2018
Signed and Attested by the City
Clerk
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 11/7/2018
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Enactment Number: R-18-0334
City Clerk's Office 8/6/2018 Rendered
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Completed
City of Miami Page 2 of 2 Printed on: 11/7/2018