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File Ref. #160 (! (Tlf J u:::-tt.t { / tL I? tef~ If I to () _ ()C r ID I !fC{'f' CITY OF MIAMI BEACH INTEROFFICE MEMORANDUM To: Patricia D. Walker Finance Director Date: October 4, 1999 From: Georgina Eckert Assistant Finance Director Lawrence A. Levy ~ First Assistant City Attorney Subject: City of Miami Beach Subordinate Tax Revenue Note, Series 1999 (41st Street Beautification Project) Attached is the transcript of proceedings in connection with the above-referenced Note which was sold to Colonial Bank. By copy of this memorandum, I am forwarding a copy of the transcript of proceedings to Robert Parcher, City Clerk, so that he may file it with Resolution No. 99-23043. LALlbfg J cc: Robert Parcher City Clerk :::JJIJ:JO ::;, 'II F:\A 1T()',LEVl\80NDS\.41STRVNf.MEM O ' "" (' "'u" (r I : iU' I' "",',j '1 ,- I, I (,> ,', " . .k~ "v a3/\1::J~)3tJ , Not to Exceed $1,294,000 City of Miami Beach, Florida Subordinate Resort Tax Revenue Note, Series 1999 (41st Street Beautification Project) TRANSCRIPT OF PROCEEDINGS The closing was held on March 24, 1999, at 10:00 AM. at the City of Miami Beach City Hall, 1700 Convention Center Drive, Miami Beach, Florida 33139. I. PARTIES TO THE TRANSACTION: Issuer: CITY OF MIAMI BEACH, FLORIDA Neisen O. Kasdin Nancy Liebman Simon Cruz David Dermer Susan Gottlieb Martin Shapiro Jose Smith Mayor CommissionerNice Mayor Commissioner Commissioner Commissioner Commissioner Commissioner City Manager City Clerk City Finance Director City Attorney Financial Advisor Purchaser of Bonds Bond Counsel Counsel to the Purchaser Sergio Rodriguez Robert Parcher Patricia D. Walker Murray H. Dubbin Dain Rauscher Colonial Bank Squire Sanders & Dempsey, L.L.P. Neil S. Rollnick, Esq. II. DOCUMENTS: 1 Certified copies of Resolution Nos. 96-21975 and 99-23043. 2 Loan Agreement 3 General Certificate of the Issuer 4 Tax Compliance Certificate 5 Cross-Receipt 6 I nvestment Letter 7 IRS Form 8038-G 8 Notice of Sale 9 State of Florida Division of Bond Finance Forms BF-2003 and BF-2004 10 Negotiated Sale Disclosure Statement and Truth in Bonding Statement 11 Specimen Note 12 Opinion of the City Attorney 13 Opinion of Bond Counsel F:\ATTO\Levl\BONOSICOLONIAL\CLOSING3.DOC