HomeMy WebLinkAboutMaster ReportCON, 01.41
City of Miami
City Hall
Completed
Sandra Bridgeman
3500 Pan American Drive
Assistant City Manager Review
Completed
Miami, FL 33133
5/14/2019
Master Report
www.miamigov.com
Victoria Mendez
5/14/2019
Approved Form and
File Number: 5382
Revision:
Enactment Number: R-19-0207
File Type: Resolution
File Name: Vehicle Master Lease Program
Status: ADOPTED
Controlling Body: City Commission
Introduced: 1/8/2019
Requesting Dept: Office of Management and Budget Final Action Date: 5/23/2019
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING, PURSUANT TO THE REQUEST FOR PROPOSALS THAT WAS ISSUED
APRIL 22, 2019 BY CITY OF MIAMI ("CITY") FINANCIAL ADVISOR PUBLIC
FINANCIAL MANAGEMENT, INC. ("PFM"), THE SELECTION OF THE PROPOSAL
SUBMITTED BY SANTANDER BANK FOR THE PROVISION OF CAPITAL FINANCING
IN A NOT TO EXCEED TOTAL AGGREGATE PRINCIPAL AMOUNT OF THIRTY SIX
MILLION DOLLARS ($36,000,000.00) FOR THE LEASE/PURCHASE ACQUISITION OF
APPROXIMATELY FIVE HUNDRED FORTY (540) POLICE VEHICLES, GENERAL
LIGHT FLEET VEHICLES, GENERAL HEAVY FLEET VEHICLES, AND FIRE
APPARATUS VEHICLES AND FOR PAYMENT OF THE FINANCING COSTS OF THE
SAME; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A
FINANCING LEASE/PURCHASE AGREEMENT ("AGREEMENT") FOR SAID
VEHICLES, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AND ANY AND ALL
AMENDMENTS AND DOCUMENTS REQUIRED BY SAID AGREEMENT, PROVIDED
THAT THE TERMS ARE CONSISTENT AND IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY; FURTHER AUTHORIZING THE CITY MANAGER TO TAKE ANY AND ALL
ACTION NECESSARY TO EFFECTUATE SAID LEASE/PURCHASE ACQUISITIONS,
SUBJECT TO THE AVAILABILITY OF FUNDS AND BUDGETARY APPROVAL AT THE
TIME OF NEED.
Notes:
Links:
Attachments: 5382 Exhibit (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Christopher M Rose
5/14/2019
Department Head Review
Completed
Sandra Bridgeman
5/14/2019
Assistant City Manager Review
Completed
Nikolas Pascual
5/14/2019
City Manager Review
Completed
Victoria Mendez
5/14/2019
Approved Form and
Completed
Correctness
City Commission
5/23/2019
Meeting
Completed
City Commission
5/23/2019
ADOPTED
Passed
Mayor's Office
5/31/2019
Signed by the Mayor
Completed
City Clerk's Office
5/31/2019
Signed and Attested by the City
Completed
Clerk
City Clerk's Office
5/31/2019
Rendered
Completed
City of Miami Page 1 of 1 Printed on: 6/4/2019