HomeMy WebLinkAboutMemorandumCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Members
Date:
August 30, 2018
of the City Commission
Subject:
Miami Forever Bond Program
Citizens' Oversight Board
From: Todd B. Hannon
References:
Agenda for September 13, 2018
City Clerk
Enclosures:
List of members
The Miami Forever Bond Program Citizens' Oversight Board was created (1) to serve in an
advisory capacity to the Mayor, City Commission, and City Administration related to the monitoring
of the expenditure of bond proceeds derived from the issuance of the general obligation bonds
approved by the electorate on November 7, 2017 for capital projects to reduce flooding risks;
improve stormwater infrastructure; enhance public safety; and improve affordable housing, economic
development, parks, cultural facilities, streets, and infrastructure; (2) to review and report to the
Mayor, City Commission, and City Administration on the proper and efficient use of all bond
proceeds and request that vendors, contractors, consulting project managers, and any other entity or
person receiving funding to appear before the Board to answer questions regarding the status of such
funded projects; and (3) to review quarterly expenditure reports produced by the City to ensure that
bond proceeds are expended on time, on schedule, and only for the purposes set forth in the ballot
measure.
Code Section 2-1340(b) requires that all members shall be permanent residents of the City and shall
have good reputations for integrity and community service. Furthermore, all members shall be
qualified and distinguished by their education; experience; community advocacy or involvement, or
attainments in public or private finance, professional engineering, project management, affordable
housing, or resiliency and sustainability. No member shall have a conflict of interest with any
project, vendor, contractor, consultant, or other entity or person receiving funding from the proceeds
of the general bond issuance or interest derived therefrom.
Two (2) appointments are required at this time:
Chair Keon Hardemon has one (1) nomination for a seat currently:'
1. Vacant.
Commissioner Manolo Reyes has one (1) nomination for a seat currently:2
2. Vacant.
1 This item was continued from April 12, 2018, May 10, 2018, June 14, 2018, and July 12, 2018, Commission meetings.
2 This item was continued from April 12, 2018, May 10, 2018, June 14, 2018, and July 12, 2018, Commission meetings.
For your convenience, we are including a copy of the current membership of said board. By copy of
this memorandum, we are requesting that the Agenda Office place this issue on the September 13,
2018, Commission Agenda.
TBH:ne
Robin Jones -Jackson, Senior Assistant City Attorney
Miriam M. Arcia, Agenda Coordinator