Ad #622 Notice of a Public Hearing 9/15/2010CITI( ®F IUI IAINI I ~E~4C1.1
IV®TICE OF A~'PU~LIC HEARING
NOTICE IS HEREBY GIVEN that` a°public hearing will be held by the City Commission of the City of Miami
Beach on Wednesday, September 15, 2010,at 11:30 a.m. in the.City Commission Chambers at City Hall,
located at,1700 Convention CenterlDrive; Mimi Beach, Florida 33139, in order to obtain citizen input into
the proposed Series 20106. Parking Revenue Borid Issuance, as identified in.the followirig City Resolution:
A RESOLUTION AUTHORIZING THE. ISSUANCE .,BY THE CITY OF MIAMI BEACH, FLORIDA OF
(I) PARKING REVENUE REFUNDING :BONDS, ";SERIES 2010A, IN AN AGGREGATE PflINCIPAL
AMOUNT NOT TO EXCEED . $20,000,000, FOR THE PURPOSE OF REFUNDING THE CITY'S
OUTSTANDING PARKING REVENUE BONDS, SERIES 1997, AND (11) PARKING REVENUE BONDS,
SERIES 20108, I,N AN'AGGREGATE PRINCIPAL AMOUNT NOT.TO EXCEED $30,000,000,-FOR THE
PURPOSE OF PAYING COSTS OF'IMPROVEMENTS TO THE PARKING SYSTEM; PROVIDING t"OR
THE ISSUANCE OF ADDITIONAL PARKING. REVENUE .BONDS.AND.. THE INCURRENCE OF OTHER
TYPES OF INDEBTEDNESS:OF,THE„CITY ,TO~PAY ALL OR PART O..F THE COST OF ADDITIONAL
IMPROVEMENTS TO THE CITY'S PARKING .SYSTEM -AND FOR REFUNDING OUTSTANDING
PARKING REVENUE BONDS; PROVIDING .FOR THE PAYMENT OF SUCH:BONDS AND OTHER
SYSTEM .DEBT; SETTING FORTH THE .RIGHTS AND REMEDIES OF THE; HOLDERS OF SUCH
BONDS AND,OTHER SYSTEM .DEBT; PROVIDING CERTAIN DETAILS OF THE SERIES 2010.BONDS;
DELEGATING OTHER.MATTERS IN. CONNECTION .WITH THE ISSUANCE OF .THE SERIES 2010
BONDS; INCLUDING WHETHER TO'SECURE ONE OR MORE CREDIT.FACILITIESAND/OR RESERVE
ACCOUNT INSURANCE POLICIES, AND TH.E REFUNDINGAF THE PRIOR BONDS TO.THE MAYOR;.
APPOINTING,UNDERWRITERS, A BOND'.REGISTRAR, AN''ESCROW AGENT AND.:A.DISCL'OSURE
DISSEMINATION AGENT, AU,THdR121NG iTHE" NEGOTIATfD:SALE OF. THE,;$ERIES;2010 BONDS
AND APPROVING THE FORM AND EXECUTION OF A BOND PURCHASE AGREEMENT FOR THE
SERIES 2010 BONDS; APPROVING THE FORMS OF A PRELIMINARY OFFICIAL STATEMENT AND
AN OFFICIAL STATEMENT FOR THE SERIES 2010 BONDS AND.AUTHORIZING EXECUTION OF THE
OFFICIAL STATEMENT; COVENANTING TO PROVIDE CONTINUING DISCLOSURE IN CONNECTION
WITH THE SERIES.2010 BONDS AND APPROVING"THE FORM AND EXECUTION OF A CONTINUING
DISCLOSURE AGREEMENT; APPROVING;'THE FORM AND EXECUTION.OF AN ESCROW DEPOSIT
AGREEMENT FOR THE PRIOR BONDS;;AUTHORIZING OFFICIALS OF:THE CITY TO TAKE'ALL
NECESSARY.ACTIONS IN CONNECTION,WITH THE ISSUANCE OF THE SERIES 2010 BONDS AND
REFUNDING OF THE PRIOR BONDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN
EFFECTIVE DATE. _ , .I- ,-
Inquiries, including a copy. of the :proposed .Resolution, may be directed to the Office of the City's Chief
Financial Officer at (305) 673-7466.
INTERESTED PARTIES are invited to appear at this meeting or be represented by an agent or to express
their views in writing addressed to the City Commission c/o the City Clerk, 1700 Convention Center Drive,
1S' Floor, City Wall, Miami Beach, Florida 33139. This meeting may be opened and continued and under
such circumstances additional legal notice i ould not be provided.
Robert E. Karcher, City Clerk' .
City of Miami Beach
Pursuant to Section 286.01.05, FL Statutes, Ithe City hereby advises the. public~that: if a person decides to
appeal any decision made by the City Commission with respect to any matter considered at its meeting
~or its hearing, such person musf ensure that a verbatim record of the proceedings is made, which record
includes the testimony ahd evidence upon which the appeal is to.be based. This notice does not constitute
consent by the City for the introduction or. admission of otherwise inadmissible .or irrelevant evidence,
nor does it authorize challenges or appeals~not otherwise allowed by law.
In accordance with the Americans with Disc
to participate in this proceeding, or to regi
request this pukilication in accessible forn
the City Clerk's office at (305) 673-7411,
impaired, contact the City Clerk's office vi<
(800) 955-8770 (VOICE). AD # 622 "
bilities Act of 1990, persons needing special accommodation
est information on access for persons with disabilities, or to
at, or to request sign language interpreters, should contact
no later than four days prior to the proceeding. If hearing
the Florida Relay Service numbers, (800) 955-8771 (TT`n or
6A I TUESDAY, AUGUST 31, 2010 ~ At
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