Financing of Expansion Agrmt.
.
COUNTY ATTORNEY
METROPOLITAN DADE COUNTY, FLORIDA
.,
DADE COUNTY COURTHOUSE
SIXTEENTH FLOOR
MIAMI, FL 33130
(305) 579.5151
RECEIVED
tm'Q.!-RK's O6I"T,
January 16, 1985
JAN 21 1985
Elaine M. Baker
City Clerk City of Miami Beach
City Hall
1700 Convention Center Drive
City of Miami Beach, Florida 33119
By
Time
Re: Interlocal Agreement, City of Miami
Beach and Dade County concerning
the sale of bonds by Dade County
Dear Ms. Baker:
Enclosed is a copy of the above-mentioned Interlocal
Agreement. In order for me to have it recorded with the
County Clerk's office we have to have an original executed
copy. Please have the Mayor sign the enclosed copy and
certify and return to me for recording.
If you have any questions, please do not hesitate to
contact me.
Thank you,
Very truly yours,
~.L-
Vicki J (! J'ay
Assistant County Attorney
VJJ/ed
Enclosure
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m., 12417PG 1749
m.~@~KWJ
RESOLUTION NO,
114-178:H
JAN ~ .'~t,
COUNTY ATTQR
"
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING
THE MAYOR TO EXECUTE AN INTER LOCAL AGREEMENT
BETWEEN DADE COUNTY, FLORIDA AND THE CITY OF
MIAMI BEACH CONCERNING THE SALE OF BONDS BY
THE COUNTY 'FOR THE PURPOSE OF EXPANDING,
., IMPROVING, ENLARGING ETC. THE MIAMI BEACH
. CONVENTION CENTER~PROVIDING AN EFFECTIVE
,DATE.
WHEREAS, pursuant to Chapter 163, Fla. Stat., providing
for the creation of Inter10ca1 Agreements between public agencies
(the Florida Inter10ca1 Cooperation Act of 1969), and Chapter
,.,'
:166, Fla. Stat., the City Commission has' the _authority to enter
'into Inter10cal Agreements with other public agencies, to perform
certain pow~.s" prlvi1eges or ,authorities, which each public
, .
agency snares In common in which each might exercise separately,
and
- . - .
WHEREAS,~ "the Ci,lyCommission 'finds and determines that
tne execution Df an Interloca1 -Agreement bet-ween tne City' of
Miami ,Beach and Dade County for the" purpose of financing Phase I
of',:the convention Center expansion, en1arl'1ement, improveme~t etc.
. .
Is in the best interests of the City of Miami Beach~ and
~EREAS, the City Commission approves ~h~ form and
content of the Interloca1 Agreement, a copy of which is attached
to this Resolution and made a part hereof, between the City of
Miami Beach and Dade County.
,NOW,TBEREFORE, .BE IT DULY RESOLVED BY THE CITY COM-
S.MISSiONOF ,THE CITY OF ,MIAMI BEACH, FLORIDA:
SECTION 1
,The City Commission hereby finds and determines the
matters above set forth.
SECTION 2
The Interlocal Agreement, a true copy of which is
attached hereto, between the City of Miami Beach and Dade County
is hereby confirmed and approved.
SECTION 3
The Mayor and all other employees and officers of the
.
City of Miami ~each are hereby authorized and directed to take
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whatever action is deemed necessary or desirable in connection
with the execution of the Interloca1 Agreement and the
" consummation of transactions in connection with the .
any
rInterlo~al 1 _" .~ ....:-: ,.~'..'
Agreement, in order to carry out the intents and
~urposes established thereunder.
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'SECTION 4
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,This Resolution shall
take effect on the date of
a'doDtion.
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set ",
"The . J.nter1oca1 Agreement shall take effect as
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forth in its body.
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PASSED AND ADOPTEDthis'~ day of
September
, 1984.
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A,TTEST: h.,' , , "
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" :CITY CLERK
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-,- -"1. THIS
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INTERLOCAL AGREEMENT
BY AND .BETWEEN
DADE COUNTY, FLORIDA, AND THE CITY
OF MIAMI BEACH, FOR THE FINANCING OF
EXPANSIONS AND IMPROVEMENTS TO
THE MIAMI BEACH CONVENTION CENTER
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INTERLOCAL AGREEMENT, made an?'en:tere.d, .into this
..Jl.'iJ 'day /;f ..,::j'l.;;:~,;~'\'~< '1984, by~nd bet~~;~''':'DADE
."~>f.~':.: t, ,_ ~...." ~'... ....:.:~~. Co.: ".'. .',' : .:. .',1 .....~,. .:~.'1:,'t... ~~ .: '..;.~.~:i'~ '.~::~ '-. ; ,'.'" . :.. ::. :':~..~~:;.(\;:...;:. ~
:COUNTY .FLORIDA" '{the' "County"), 'il 'political subdivision of
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"the"State 'of Florida, and the CITY OF MIAMI
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(the "City"), a municipality organized and existing under
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,the laws' of the S,t~;~c.~f.,;;~~~~":d~;,,,A. ;:;{,:f.' .." ~;:-;{-;~,.
WliEREAS, Cha{>ter 8~:3,~,~:'" ,~a,~~ ,,~: Flor~,~~",/~,:8~~., as ':'::~f~i
amended by Chapter U-67, Laws 'of Florida (1984) (together, "-:~r.,j":
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~he '-'.Convention Developme~:, :~~~.\~~t ~), authorizes the C6untY/*i;~~~r
1:0 'levv a three percent (3%) convention develo'pment tax (the":t~~l~~
'::';:j~~i:t ~';:~j~';":\\"':~''''.~ .. ~.:..'_\. .c' .' ,.,'~ '. .; ;'.~f;.J.::.~;~
''.'Con~ention Development Tax") ""''On the amount' of any .i.~.~~-,'~..;i:~':.....;,,\;~
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payment made oy anY,I'erson to rent, ':,lease ,or use for a ,:".~.'.;,::,:::,,{.::.;.;.:..~_"'i.
penod .of. six(~) months or less, ':~'~' li~i~~~~~rter~,'or : ','-. ',:.~:::~::-'~~~:d
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trailer camp, or c~~d~mi~i'~~k..:~~~~~'p~ymen't.~~: made ~Y a '. .~~~
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:> ' person to .rent, lease or use any living quarters or accommodations :;".~,
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;~I;~~~ ,WhiCh-are ex~m;~~~~er.part I of Chapter 212, Florida Statutes .'f;S7~r:~
:'. :0:; ~(~983) , 'as amended; and .,:'::. . . - ,':::::f.,~'i!t~,
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:.1[; "~!..:.'~ h'HEREAS, the Conventio~ pev; ~::.~t~\':'~~/!.;~~~1u__5~~,~ i,Z~~;o.:~~,~~~[
\,.i~o-tnirds .J2j3)__pf, tile nicei{>i:~.,P.,t:!;.~,!1~:S?I).J~gtio~..~;yelopme~~.:~1i~~
-"~~~{~, 'Tax.ltheP ~City' s' Shareft) -to'~be .Js~'~:.~'~,.:~f~~ri;;;';~~i~~~~ and <~;~':;fi:~~~~~
~~~}}}~ 1mprove t~~' ~~rg~s~ "~~isting ;~~'~i~ly~,~~'ed c~~vention <:;'~'..,~::{J~~~'
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,;~~~%f,~~', ::;~:~~te:.in .~he County;:a,nd, . ::'. i-~};~~:~~>:.
. :,}?i:.~<:.:';> '.' WHEREAS, :the Miami Beach Convention Center (the "C9f\vention ,,-i;:f~<,
Centerft), is the largest existing publicly-owned convention""
..BEAS~.',,,FLORID~.
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center in the County; and
WHEREAS, Section 163.01, Florida Statutes (1983) and the
l~etropolitan Dade County Home Rule Charter, as amended, permit
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the County, and Section 163.01, Florida Statutes (1983),
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,permits the City to establish interlocal agreements with
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other localities; and
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,WHEREAS, the City has requested that the County issue
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:special obligation bonds of the County, the proceeds thereof' ',. ":)7,'J~\
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to be utilized by the City for the extension, enlargement
and improvement C?f the Conventio~ Cent~r;and
WHEREAS. the County has 'e'n~cted Ordinance No."83-91,
which Orainance, as amended by 'Ordf.'nance NO.84~'43,' "!:inposes
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their agreement relating to the use of the ,C/,tY'sShare, the;:.;\;7,;{~i~
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of the bonds, the County'. l'SC"'.;.'....'
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'the,Conv~ntion Development Tax in 'Dade County pursuant to
the Convention Development Tax Act; and
"WHEREAS. ,the, County ana the City desire to set forth
issuance of the bonds by the County for the benefit of the
City~ "and the respective 'righ,t~'/'duties, "and obligations of
the
City . and ,the 'County; ,and
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wHEREAS, ::~rior to"t,he -issu~nc~
will enact an ordinance auth~rizin9 the issuance of the
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bondsC"the Bond Ordinance"),
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NOW, THEREFORE, i~ con~ideration
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ana c:::::~:,~ ~~erein T::n::~:~,~.~':::~t; :::::: :: :::~:~~ ~s "::'~Jj:~;~f~~;
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::~~:~i~~:':::a.,:~:~ 0 ::~:: 0 i:t::~:::::a;e B:::::~~a:h~::::eeds:'~~ii~:
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of, the J?,hasp.'I, Bonds, t? beus,ed ,to _p~y , the ,costs of extendinq ,"; :~~~{
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.!nlarg1ng and improving' the .Convention Center (the "Phase 1 ':;~~~~~.
Project"), and to pay the costs of is.~uan~e. :~~,er~o~.~i: A ':~:,~':{f.~{I~:~
description of the phase :r pro'jes.t...-:is attached hereto as '. ';';"~'('~~'~':~~
"hib~~L::d /~corpo~: t::u:;'.~:~.bY coman" to u.. ~ ~.')~,t,I~;
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of the mutual promises
best efforts to issue the phase I Bonds as soon as' practicable.
The fssuance of such Phase I Bonds shall not be contingent
upon the preparation of final plans and specifications for
the Phase I project.
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Section 3.
The County shall issue completion bonds
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for completion of the Phase I Project (the "Completion
Bonds") at the request of the City, in the event that the
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proceeds of the phase I Bonds shall be insufficient to
complete .the Phase I Project, provided that the projected
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'revenues of the convention development tax are suffici~nt to
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~ounty ab 4 result of the completion Bonds.
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Section 4. '
"The County may issue additional bonds
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(the "Additional Bonds") at,the request of the City for
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future proj ~cts ' for' !he . ~nlarge~~~.:, extensi~~ ,,,and improveme~t~~::'~~i:
of tne convention Center (the Phase ,I Bonds, t~e Completion '>,.,Yt.?f.i.t.
Bonds 'and the Additional Bonds areherein~fte~'~'sometimf(!s :;:,:";~,:~'#I~,
. ~'\f'~ ,~',. ." _""<':."i.".i-:~~$~'
CO.l.l.ectively referred to as th,e":~Borids"). :;'.'prior to the :".;~;,t~;:;fu;
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County'authorizing the issuance of tne Additional Bonds the"':i';!;".~;:'.'
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City. sh~~lde1iVer to theCoun~y:a feasibili~y" st,~~,y pr~pax:ed ,j.
by ,a.nat1onally recognized independent consultant which ,.,.;r~.{s
f~asibility study shall 'forecast ~hat the 'rev~~ue~ generated:{:::S~~r
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:~y :the..c~ty' s s~~r~ ,Sh~l;\,b_e SUffic1ent~o,~~~. princ~pal ~~,;I.~iI*1;~t~
.and interest on the phase I Bonds, . Completion Bonds and //,<%~~1ft.
A~~itional Bonds, if a~y, . and t~ ~om~1;'~i,~h3~e cov~~ants :~~
contained in' the Bond Ordinance. . " .,::.:::....,'!~~i'\~
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Section 5. :,: 'For so long as any Bonds issued hereunderZ~1~~
remain outstandin~,'th~' City"her~by ir~evocably assigns the ">\?\~~~~
City',s Share of the conv~~tio~' Dev~lo?ment Tax revenues to :~',~~.;~~4R~
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the:!'rustee (as defined her"iMftet:' :in the Bonc(O~d'in-;~~e)' ~:~~~~.j" ;~'f
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as '.secunty for the holders 'of the Bonds and directs that ':';~:~~?{;.ii~1.i'\!f,
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such Conv,,",ntion Development .Tax revenues shall be deposited';'::::o:e.~~~4'~
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by the 'County with the'Trustee for application with respect :"i:':;:;'4d~~'~,~:"',,
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to the Bonds as set forth in the Bond Ordinance and her.ein. \:~~,;'{:'-.
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Section 6.
As a secondary source of funds to pay
the principal, premium, if any, and interest on the Bonds,
the City agrees to pledge all utility service tax revenues and
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franchise fees pursuant to Section 166.231, Fla. Stats., as
amended. If and at such time as the City's Share for a
'period of five consecutive years equals or exceeds 1.25
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times the amount necessary to meet the County's annual debt
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service-on'all Bonds then-outstanding,' then the City's
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sec~~~a~y'piedge of its franchise fees and utility service
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'tax revenue,s .shall bereleased by the county.-"'-'.,
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The. City agree.s.that}f ,the City's Share of the Convention
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Development Tax - revenues 'ever .' is insufficient in amount to
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'timely make the scheduled payments of principal and interest
..., ," .-.." \ ~ :,~:~.';: .':~:,~," .'.:,."
'ton' -clle _ Bonds and the Res~rve Account created by. the Ordinance :':,l!,:,:-,,~;J,;
-. ,....-.;~.,i,:-::t. ~~:, l"~.';'f";,;,,:~~~"~r::~'\:t~.::'i'~,:~.."..':':'-::' ,-". . ,. \.t.t,.~
::::i::::a:t{~~~~Mt1~f~~i~:i"~Z::::::~:h:: :::"9 ,\\ii~1
".-.::.~~, .>.' "'r:::;:"~;~i~~:.~;.~jt~-;-::~'(~~t'.~>~....,: ,.:~~,,: .~.~~~!:t.:J..
from the ~~ustee 'or the iinance"Director of the County, to,'.:':.'}_:.::,~._7',~~,~.'_r..:'
'..... ..... ........... ..~~:;'O:~;.~......~.....~~,.~.=;~..~~~~:.t~;:,:..:.:..?:....I:JO .',. . ,....
the extent of such pledge; "the- City will remit from such ,;; ,,:A~;~:
- . . " .' . . - _, ....,:-;o;.....-:..e.~~tl....
flinds :a'suppl "!mental' paym~nt -in 'an --am.'bJrit'~~~~.'<'t'? ~h;, :,~:.i/ji~rt~
. . ". '\\'~'1l~;~:~:'~":'!'''':':'''':' ,,'.:'..J. ~. .;"''':"'rf..'.~:
,amount of such insufficiency"tothe 'Trustee .''''Any silch ":-r,:.~::t~~,..I~;
',"', '" '_:'i'J,'1-..~re:
PCiyment shall be made by 'the ~~'~y wi'thin one business day of }:0l~~
the "~receipt of such notice from the Finance Director of the:/~~W~~}i!:~;
County. The c~unty 'and the~~:;~,;,~~ree" th~t~~der no -.. -~I~1~:J.
'-circumstan~~~,~~~;\_the ~i~~_>~:,,{,e,~~,~~~e~, to ~aintain a .. .{~t~~~~
spec:lal fund,:.. a~,c~~nt or, b~l~nce in anticipation of such an:_-':,(~~1
,insufficiency and supplemental payment, nor shall the revenues:'~~t;i
....,~";. ~.'. ..' ';..''!:.. '--"'~,~;7.;~S::';'.~
........r,~t
source be subject to - ":,:,,,:;,::?i,.
. . ::- ..?-;t~.f.~~ti{
pend:lng such an .."..,-.,;i',,~~,:!!::
'.',.._...:.:.;..'~ '~'::::"l17~~;~~L~I1b~~:
.:.-1" ..: ".. ~'i:":'. .,'" .'::";". ''''f'~''-,,~,'\''", ,'f,...iit~~~J
. ... " ,'-o"!" ;t:.rp-
, "- .:...., ';';;:~'~~"';',<'I.-!~\'
. ." ......'..,""'~'c....;o:'_~:':..'.,lI\~.~'..
'l'he, City and the County hereby agree and recognize, t~at:'~,;:~t~~r:w~
to::the .extentt, hat an,ypr'.ior liens'on the aforesaid sources -",:-'<}~:':,.i"'i!,
. oil ~ .. . ,.:.~.~"'::::~~1:~;:.:r
. .' "':,,:~'~':.~';;"'~ :~;. f,,~, ~
'exist and are in force prior to the date of dehvery of the .. -":-"~'~j,~"I'~',
Bonds, or any series thereof, the lien and pledge of su-c1'i_':";~;~Jr;!~
. . ~ .'.
..~ -~.
received by the City from the,aforesaid
. . --."~... -~."' ..
theii\'ise "by": tt:e_ Ci ty
'any re~tric~ion on
insuff:lciency, , and supplemental payment.
. - .,
aforesaid sources to payment of the Bonds shall be subordinate
to such prior and paramount lien and plcd9~ and that the
obligation of the City to make the payments required in this
Section be only to the extent set forth in this Section.
-4-
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2[~: 12417PG 1743
Any Bonds issued by the county hereunder shall not
constitute a pledge of the County's or the City's ad valorem
"',taxing power or of the full faith and credit of the County
~;- ,.' _....
"( ....:-.-,.".. .' ,..
,or .the City, but are and shall be limited obligatio~s of the
;, ::: ."~'-~7"i"-:':;:~:,;,;~..~ ~ " . . '~.~,-" -:' .:
.County ?ayable by the County solely from the City's Share or
~t~ - ~ . ,;:':. "~':f_~'~'.~..i..:"" ".>~~'~~.t~;.;: ~~;~,~;,. . ~.
:tne "'secondary pledge 'of the City's utility taxes and franchise
. . .:-~'j,:L.~:)i;~:'1"{"';,;;"..' ,:~.;:.;.~V.h..~:~~:ft~.:~~.',~.~.: . .::, .,' '.
fees as provided herein.'~,'1'he County is in no way obligated
", ~~~t.:':j{~!:~"i~f-::,:~:,'.".i~~t-~..,:....;,.\~,~~~;).~..~..~:..1:"';;~/:.:~".4' '~j. ~. ..
~o ~atisfy'~?yinsufficiency-in such amounts to pay the
. ....'..':.1:...-,..-'i:..~{~v...;,._..1....l~d~r~~:...~....:.-:.;..:.~.: ,..~ ", _'.,'
:principal,~premium, cor 'interest on the Bonds.
. . .", .'. ".'.-;" . ".'
c.
,"~-' ."
"
,
being applied to the
redemption.Of Bonds, as all further
;..' .:.,''.-~.';.;.;~;;c;;~!;:~~.~\~~: :.. -..:.. :.. '~.'"
in th'e Bond Ordinance.' Such monies
cify~official-or employee designated
, ~ ~ . ...\ ~ ....t l.... .
~~ .
writing by said Finance'pirector;'1'he proceeds of any such
. , -".,~~:.:t-~.:
investments or 'reinvestments shall be used in accordance.
of the Ci ty o~,,~~~.
with the provisions of the Bond Ordinance.
Section 9.
The City shall be solely responsible for
determining the concept, location, program, and design of
the Phase I Project and any future projects and shall also
-5-
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'::~;,,:' respect to the Phase 1 Project and any future projects and
-"j~,:'.-':;:~I .'_...r
J~~~~~forthe award of said contracts and sh~ll also be solely
, .".11-;1<<..,....,:,;,:, . . . .,.... .
..~'~.....h~........"I-. ." _' . .
,::;.1t~ts~..',.l\responsible for and shall have control of the supervision,
'.:.:~t~"\-(',1:'rcl(~""'~" ~".:-;..~ .' '\ :\'. ....,... :-~ ,: .~Irt\"''/f(.",:,,!!.~~j.~~, . -:.. .
:*~ii(ij~;,:r~j~f.~~~~~tr,a ~~~Il.,~~~,~,~~.i'~'~r~~tion of the Phase I Project and .."
.j1tv.;~:~;::rF~'~~~'~"~~~~j-;;6'"t~t.{~s'P'r;":'ided, however, tha t the Trus tee _ ~~::_.
~i. ./~f~".:"~.1~ <f~.i'i;;.:;r""'~',: ~""~'l'''.('..~-''i. :'~'!.-:s~:V".~~.\ .~;:,,.'.'(' ,'":-.- , . . . .
';l?~~t!4~h~ii'~;;l~";:ithd;~;;"~;;~e~~"'fro~:-the Trust Fund to pay for .-,:)~~.
~~i;'l.:~~~J:~.c.~~;fi..~.:~.~~i~~.'~.;J~;.~.r~~;~~.i!.i~.(~~e. ~;":~~'~~e "'1 Project and any Future" 'pc":'
--~~~-~-"'<<:ot.J:,"!,":ril.~I::ll':..-'_"'!...::~.r-...,._,;.~,:.....~....':='_.1-.,-, .._;.C~~.':'.'..._.', . '.
':~~~~p~C;je~t~i~~'~c':;o;da~~e'~ith" the provisions of the Bond --;-;.'
;"'~';""'f:t*.~.1~' ,c" . . . -'. '-:
.I~ . ';=:..~\I.04~~,t. "'. 1 _'''" ,..,;' .'
"~'" }"'-:'~i""~~;.OrdJ.nance.' -,-" " ~.' ..._ ..:.
&L~ ~ rd:;.W"";r:s~.,t-. ..... . r> . '. ~
-."'T'l' ~..""""'.tJj.j"i!f.)\<lt"*"'~ ",','o:"''''~'' .' ,; .. ~.- ~ '. :'
-~~" . liUI~~$;~'-Sect'ion' 10'" !',' ,.... Ti tle to the Convention Center shall at ~"'J;,:
:f'!-~H '~'" ~ . ,"~l... .
:1["" :~' ;l~~,::~:rl~~;~'~~\~s't~d i~"th~:',J~i~/~:;d'~he operation, management ,.'i}~i
~ a~ ,r~ " .~.~-;..;,t'......r...r.'~"'''''''''.'' _ . ,'." ~_.~.~. .J,.. _ h...,~~.
d.~ ~ '~'. .' .:"~f,~""''''''-'!I't~..,.:;:;........:' :-, -_y.'...........t......... -I'-:'.'~ ..:....,. . .,.......~-:.:.,;i.;,A.
}~I~l~~~n~~mc~~;e,~a~:::",~f".,:h~_.C~.~':;::~~~~,~"1~;~:e.r, ~h~~l. be in the ',-+f\.~
~i. ~WJf~1 "'.--:'~f" ....;-.. .... --". - ,....,';,.... ~"':."'./l::"'--;:~":~f.~..;""'v="....: '.r:.t"o:(:~~
..'~;;j .~ ..... sole discretion of the City. ~..,..:.~~;;..~(~J.;:,~~~r:.:.,~! ~~.~,..- ~~~1:=~.:
-..* :' ~".....:;..fj..,II"~':...._,,";;/..._. ,c' ._....l-l:...~..~:r~.:~_.~,.....,,_..... .' .lo,......~).;s.'
i"'_ ~ ::.r. .~~;~~~.~i~~.'<ll. f:TTh~..ci~~..~~;~~:.;'~;;..f~lly cooperate with "")i.ti
. .'/,:'" ~ ~"i'f"t)~......,. . "'.p ~..,
-;~ '- t~Jl~ci:%ty~~1'f~{;;~;~.i'f'," 4~~*~1~~:.':~d~;;;~~J" ~-~J:if~~ "~nderwri ter~ "\'~.
'.- t'9'$:J/J.j:.-;;\~~,...!\-.f~,t~~~.......d'~...v~..'~~k~?*:,(=t~~fJ~~~~:JS:"+..:..1..~.-7I;:,\.~...'.k.. ,,: .- -. ..:..:..~~;'~~ ~.
~ ..~.."I''LIf......v~\~........~tO.~1.\ - -...'1- '.:: J,," ....., ",..I'. .-~, . ~,.~.;,.;.tJ .. ...~i" . ......... ..10::,....' . . ;. . ... ~";...ijt..... :i
. ' ~ ~ ~~'$t{..;b~~;f;~4Q~~~marke5.~~:~,';~:~:~t:.~~~d:S,;:..,~n,c~1,udJ.ng proVJ.d~ng'>.;t~~~
.~. ~p~~(;m~~~~,c;~\-attending mee,ti~g.s ,an~ !,~e.paring an official ;'~:~~
. .b;.~\'1.~~~.~~ ''':-~'~''''.''.... . , . .....,......... '.. ~ :.~yl.~
!;'~,.lIstiteIi.erit:.;:':The County, after consu'ltation with the City,::~,~ff.~
{~.,...~_~.!-"~...;::.r~':"..,....,.., "_~-_!'_'\-~'''-''''I_' ....,j'~~-"...,l'~ .,. ,....,~"'....,,~,.
. ...."\,... ~ .:fl.' _ .. ~ _ _. , . ~~..
.'}~l(.shall"determine the appropriate method, time and manner. for ,~>~d",~
...1"'>;:..... .;;; ~~~~;.:g--;".......,:.,.;:,.:..,,~ '. \. \_..~.' .. ',; "....__...~ <.K$-
'~~~~~,.;~'~{f;eilY;g.'. the Bonds including'"the' desirability of havi..n.g the .-;:'c'-:~~;f~
.'~ ... Jl- ~r....' -.-..-t~
..~ ~.~ .'.., ""r'~"~- 1"-:' l.. ~" . - __II''. .-. ',,~ ," , ....~~\'l;;'-"'C",
,,~=.. \.~.f):~~"'" ...~\tr;... .: t' ", 1 '. ',..~.- ~,.::\~'.<;:~
-'~~';",(_~; Bonds ~nSUl ed and/or rated. .... -" .,', ,.'~c,:,'C'~~'
~Q4 .~~'~~r:'~~\x.'~'-'::~'-'~' -:. ,~.:-....'";i~:'::.
:!r~i~&.~{:~~~~:~r~' '~'~e;tjon 12. This Intl'rlocal A9r(lcmf'nl shall be and .~,{'~~\~~:
..~'fft.;~:~:::o.!;~, I'!.';;; '''' '., '. -. ~ ""~~_.'~
. Cof"" "'-.:t':;t. -'e.. .~.\.; (: , ". , ,. .
-:-;:f.'....:~:.}:i-emain 'j n ef fec t for so long as any Bonds are outstanding. ~;..:~,.._
. .:~.)p'{r~~~~~:'. ;...; ",.! ' :,...~::-:~
'<i1~{4~~tih~,~:~~~~tY,and, the City C?V~~~.~t <>:~,d _.~,~~ee.!~h_at they shall<F-.'i,.'.:.C:.;~.~.:~~.~
,,,-";'.;,,,,,,,~;;l(,{fj'.:YJ;-.....,,,,.~~t't 'i"l"i. ",t ;' ,,' _ < .. ''',,' .), . J' " ~ .'~' ,:I.lp .,0: ,.....,(;...... ,., " .,,;::..,.,~
'-~ot""."r.,.~..;y.;"i:.'!.~,'..~r~.'t. ..t,.. j~.'.,-<II" .' .. .' ,-( ~. '''')'~'' ".,.,.-. .:_"'J.r~...........'" . .,_" "..._,~.!(~:)
'~~~:~~~"~:;f?'k~t-:,.~~1! _ ~<? ~ lOn ad v~~ ,5,': ~.?'..Il~~ es~,:_~g ;,,~^,~~,,:.~~nven t~on-'. \,:'.:=.:..~.~_',~e.I_;:
/,~,... ..-'<,':Deveropmcnt. Tax that will impair the' C'ity' s Share with ' ' ~--'"
'-~,;~l:~~Y:'::'~;'~~h-=t::~-.. "'- . ~. i''"-~'- . ..', ~v/, . . ".:..;~~~
. ':'\{~1~'~~(::.-;L~egard t.o t.he repaymen~~c:f these;.~;:nds. ~,;>':' ',,':::>i!~:
':,;'{':; '.. Section 13. Th';' C'ity hereby covenants and agrees"::,',~>~'t\:
....,.-.
'ift.
'llff.
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IZ4Jn~]744
be solely responsible for the bidding of contracts with
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that it will reimburse the County, but solely from receIpts
......":-.~.:
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of the Convention Development Tax and/or the proceeds of the
.: ,.
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Bonds ilnd only aftf'r payment of tile princi.pal of and interest
on the B~lltls outstanding shall have been made or duly provided
for each fiscal year of the County, for all the reasonable
,;
. .,..,::::-
-6-
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".' ;:~},~:~~::'.._ ,.~nd necessary expenses incurred by the County in issuing,
~r-~.;:;;',';,,'. collecting, and servic ing the Bonds.
-':I'~i~~'i-:;'-:>,!.".' .""".,;,,,-,: --. -
.,< 'lrr\\.t~~...v.'~"I."'l):~.\.,....S t' 14
..,~.., :01. ..,.,.;;; :::, ..~ . ec ~on .
.~,..~~I~,.:.;.:Vl"", .
',~~~~;'!~",:~~~:::~:,: 'if for<:~::~~,~,~~~:, the .~~ty decides not to have the
~~~~~~J~~~~:}:,~~:},~~ ~~~~__~_;:~~~ rath~r,to issue the Bonds or any""
jI:',..',. ,$<'~~~~;,~~~s,.>~~~,.the Phas~'t'~~fPZ;O),:c,~,",,~~ itself, then the City
: .~ .':"'i.:ti.'~~,l,\ol.- *"",', to' :~ , ',;.-.-.\..;......,..i.'i~.J',....;;...;.,,:.:!f;..,...""... ... .
.. -l! '~j;fI!:'" * '. ..,.... . - . .' .
" .,~ ;.~{~~t~,~:~,~c.,~~:<~,~t.~er,~.~~<~t;~~~~~'i~.~.t>:~~~ financ~al advisor,
'~~i~un'de'r~'ite~.;-nd bon~( ~'o~;';s'el al~~'~dy engaged by the County,
.~ ~lf#:'-~;:~1~~:~j.;:~'~' ~ \.~;\.~.~.; '. '.~~ L ....,.;. ......::~;:~. ~ = .~.'. ~"" ~:.'":'~ .':~;.;:;,. :.'. ~ l;,~' ~ .
',;:',,_,,;;~ r .:l!;',?f to make appropr~ate arrangements for the financial
'<'9:~t.'iil'~''''-'''''' ." - .,-. ,. . . '. . -
-~:~. :~,,~"'ad.'~is'or,---underwriter '~nd bo-nd counsel to be paid for services -.:-~:'
~r~ '~.t: ....J..~1..L...:....f.:~..,~:.,t,-.l.~t::r-_ . ~I" . ,V~':"'.-~ I .,'.: ;~..:;
. I~ ..~~~'W,..!...~.~-"j,,''''''''' ...), ,. """""'~_~~w..' ..' '~_~"I,".---'l.t.:-....,., _ ....;.f..::8t~.\
:, .', ~~~4.~~~~'~';~~1~t~-- ~~~~,s"~~~~~~'~'~:~i".;~:;,' >;,;: , .
'~~~%l';~.~. '~.).;.~~1";':S-ection15. "'~:"The City' 'agrees to indemnify the County "'~~,_:_;~.~.;~.~,L..~.:
~j 1~:X;,:r;"f.'~~:r:::',:-' :':',:; :,'-,:" ".....,::';:..;:',.: ::'t:~'. i:,. ."....,."~
' -.', 1:~~it~;,,~~~>,~~,a,~ll\s,)U~~ll\~~~s ~?~,:~~ar.d~,t,,~h~ch. ,~h~County must '::._'. ',:.,:~_._.._':;.",.~.~.'}'l.,.~,'..'
.""!i'to...t::..~~",,,,,,,,,,-.,,~,,'____p.'C'~~' ..: ..,~..j.' ,c;.;l".',..'''''l,'t, .lU',~._..,....,;;'3.\~,..:x'!ll"to!'~. '" .... . ,"-~"","_'" ~ <<_
. l'"'..\..::~.r,r.l":'f.,..."?:"T.>;-. ....""'''..!.. .;...,.......,.'..-..........:;.~!....R!-:.i'lo.~':...... .. ' -', v~. """J
~~1,;p~y as a result of or arising from or relating to the Bonds, '".-,.;;;~':--;:r?:~~
~E~.,ra..i:.::1....~y~;~J;,~..:.'E-~~'::...:-:.-.;_. .: ...~.. ..'.... :'.::...: :'-;:.;:.\-:.~,;..~(S'~/;..~.:.(; ~ .' , .,':.:...~"'.:.z:::..r~;
,;.f0including -the costs of litigating same and _attorneys fees .-,L:";!:,{~r;-~
~.'~~"'.?tt> .. ,;}.b.."~~!iq, .~'''-''''';'..~'hl'.').'.'''''''~'-;'''''-:..''}'~'f:hJ.o(~~f..-'~... '.r:.r;l'\'~:'~{~~'~":'~'..:'" ','~' ';....,~'.;....: '." ,".. _' \:",~:'ci'.'-';.'.~~~:;.~~~~~.~:''''~.._
.. ,_:.~.;f!"';J"~~.~"'~~~ .:.-...~~~~~w~,"';,;.fl. =-....'1"*:.:.;c'-:+~..~.~A!~....("u,~~t..i"~.......... .~=-.,~ .".....-;-.-... '" ...~ .":.',::,'!;:.:.:..;;'~~..~-' .
. . .:o!1:~St;~~~,o.n,;t,6._,,~~F!'othi~g~,xpJ:es?ed or implied herein IS-7~'i:'7;;,1?:'" ~,~
.: ~ . ~'4 - :~~'f"e~\~~:~:~'-;'$~:"!;,~.!-'''t'~~~l;'.:..a~.~~it.'~$~~~.;~~.~'~.:'i.!.~~'1-;'''.i.:~~~!,~~~'...~..: '_.'U - _.,<.".,--':'...~~.,~1~~~
" "':i~ntendedor shall be construed to confer upon or to give any'."l.f:.x,*:~
i'r'"'~""'I~_ :.....i..~~'H:. ......~.\. \' '.' " -.......,~ . " -,.' ...., . ,.......!'.~, "',&,_ ". . .: ..-;_~";....'a\
: ,r ';~~'i;~~?'fi;;;;>~~;~~~'~~i:;;n-' ~~'-~t~~;""~;;ti ty:' ()~her than the \~:~Witf~
.'~~~~AC"'~w;,;'.'t'~';,~,!,:,;-:",,-,,/,:':':~""'~" '.' .... ~-; '.'I"':"',:"..._t~.. '.". .: ..-"~-,.j~?,~1.!-"'".:
~"'~'.~":,':'Il\'~fI';,~....:..'t:"."""""""",,,~-,""'\:'Y"''''- . .,.-,:_...-" ."~~:"""""'" . . " .......f...~.,r..........~
<.. .. ~1$1\ea.~::~,f.~s. h,;reto, any right, remedy or claim under or by 'j"3'j~;~9'!:.~~
,J'i ':-:~,~i!~~'~~~';'6t'this-i;Interlocal Agree~e~t or by'r~ason of any ,~,..\~
;~t:' ~.D~~~{t-t':..:!.<<S..~~~,.:r~ ;(ti~-'1:_-.. ,'~ - .' . ..' ...:J ''''.' ..... ..'.... ,. ~~::.::._<1~{~
:~ _.~r?i*~:term, covenant, condition, promise and agreement conta:ined ':,"-'~~rf?~~:
'~~""}~....iftl,,?~;:otl{'"""~...:.: ';:J';-;",:;;,,,,p~--"".,t -~:'_ J~',_'. '.. , :--:.;i.,t" ...P:l''1t:t
-'~ '"Ir ~~-- :.. ~ "r"'-;:-'" . " :I '.....~~'
}'Ji'-~.~~i,j:'herein",all .of. said rights, -remedies and any claims whatsoever,j.~~~~~
N~~l!.bi'~~.~t...L...::)-1) ;1.., ':;.~. '-.11 ':)'<' ""'.,-. -:.-::-,....r:,-..t--:
~~'(~~.."':l<.l, ,.. ~":J...-r:.. ",' - ,'.-.~;.O:K"f.:'-l
;~~~;.1:~}~:-,~~~e_u~~e~_,,~ei.ng for the sole and exclusive benefit of the .,/'tk-~~'
~.J~...A".t~l"'::'I"~,-' . . -.>1"._ ," "" .-- "" ~ .' .- ._,.!..J,~
_-:-="'" r:e.~'''''#.I- ~ -.. 1" . d. . ...,',:'\''::'"''...
..:"~}-~,'I:';;.'~;:~part~,es hereto, . the~r successors an ass~gns. No th~rd , ,..~;'~:d~
..:........,<,..,"f&..~,."...,.."'..,_."'-.-- .,- ",-.- -.. -."",....,'
"'~I:'. ~lir,~ .~_~~,.~~~;\~\~~v;::':t~..!J:.~.Q.:.:.;:.;,.,' ."":',...~.'t"".~Jfh.'J'...:~'!";t.:--: ,'....~,.i- _~":~.:-t'....,&..... . _.,..._,.._~.",,!,..,,",,~~~.\Io
'~"'~5' , ';,'\l ,(k:party :bene,fic::iaryrights are ;_Ilte_nded, gr implied. ....',.__. '.i,':i.:0;i:,~i">;~;~
,"".. oJ.+'. ~a-t.~I:"',~.,Jw;1')'>o~;:.;""1"""~. !)'~;"~':<'.''':$.j''''''1"..i-'f;l.(''''''''4>'!~'._~'''~~--J'~'~......."...... ..II.~...'.~ ~~...,,-,.~..< ....r;..t;n..,.; .' ':..; ........-,'A'.;'..~~,~.:.~~~
'W . ,t. ....~...~:lIl~c.~%.-.,.:.~\\~,A........,...-I.~...+I.i.~....~'~ .~.;...:.:... ,.....I.,~s:":-'.,.......f-~J1'l::.,'J~ ,:,:"""-r;ir.'_ .,-;;;;,>0:..:........ --.... ., ,"',"'-"'''-'''P ,'It..=€~
A~wr$~}:~f>~[~S'ec't'ion' -17. '1: This'Interlocal Agreement shall be .'\i:f;~i',tf.~;,
-5:~IZ~~~~~q.;s.~~~;'~~~':;:4';~.:.;.,~:f};.':~-~:~,'}r.~.. ~(;.~:;..:.., :,' , ~::- '-. ';..!:~.".':.. ~ ,........:.;.-,~-._,:: .,,-,,' ',-.... :.-' :. ~-;::.:;~(ff:r7~,.
04::'-J'A>>:,~..J:iinding upon the parties hereto, ,th~ir..successors and assigns. :,,,~i,:c.f;i~'
,'~~~~j;t~~~;-~;?~~~,,->t_-~>--{~'~:-. ~~~:~., w .' . -, ',';;:':~;.! .''G.:i~~:.,~,"-'i_''.f;.._.:_-,,, :: '~"<i~,~f~.B::'"
";;r~f'~V\:~-:":-;' Section 18.. . ' This Int,erloc"fk Agreement has been duly:,.~i~~:~\"-
, .:....~~l;'~{.~....;..-:"~<::. ..;'. ,'~',:'.' ,.\:.,:,. .:.... ~. ,~<~.> .,....!!-'~;.~,'; ./ '.' .', .' . .;:_;:'::~.~;\~~~~;.
--;;;_..,:.:" . authorized, executed and delivered by each party hereto and -::..:::;.~,.
:r::r:t~"- constitutes a legal, valid and binding obligation of ea~~:'';:;,'~~?~~:~,
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"LC.
12417PGI745
Notwithstanding the provisions of Section
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party enforceable against each party in accordance 'with its
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.' ,."...', , Section 19. The terms of this lnterlocal Agreement
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";~~Z",;.',j;!hal1 be enforceable b,Y either party hereto in a court of
::'iit~t::~,'~~mp~tent jurisdictio~ by use of all available equitable and
:;1'" ,~,~.~&Y}gf:;l~ga'l '~:~~~dies. .y;'..,/ .
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~;. .~&{';~,~:?-.i.. Section 20. 'This lnterlocal Agreement shall be
~t.:".~'~~~ -,",
:;i~~~b;.\1le;~;~~~r~~'~..hen app~~~~~~\:1;:~~~~~d and delivered~y the City
'~:"" R",~~'i~.,...,..1l~'S.::t...., ".;" :"'",.-:--: . v. .....~J)",.,~. _J' '~.'r~:;':'\.-l';l'''';'' '. 'I . , :.. <'~"".
.;;~ ' .,;~~~~;E~~~~:si;;~ of the' City 'a:"-d ~t~~ Boa'rd of County Co~issioners
'U,;,. ~l"ti\:.:w;.:"'''';<1i'''~'''''''''''''''''' '- ..- '. !.o'~-' _...\'..\.~ .~....\..._.~,:.'.':"..
~:~:~ ;~~~;;{~~~ ..1:he',~o~nty.' - ":~;":'"~<'<:~''-~'':':;';;,~.~'.t'''
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~'.'~~~~~~:'~'~ir:\, Se~tion 21. As a co. ndition precedent to the effectiveness
J ~ t.;,..J'~""~l.'~.' . -.-
J~l.'''. '.gtr~'I;~~~nterlocal Agreem~n'~' a'nd any subsequent amendments --~'Ai";'-
~~:r~~<-'!#,'~'''' .,>,. ",'.'"".,,'. e"." --..
~;~~1i~FlfAi~~~~~:~~.i,~ InterlOc~:.)~;~:~~~n~":nd any such amendmen ts '.'......,'....".,.~.....:..:~.....,.;.__.~...;,:.:_~~:,~,.~,1,..,..
..1(.' ;1~.~!~~i~~i~~~,~~.~ith,t.~.~.T,;~.~g..~.~1;;':';~~~~-::>fircuit..court, in and .. _ '.<,-;.:
..-" '1i~~,.,,"~>>l..~__""J ".'~ . ._....1.~.)0l;.~,\~..'.'l.;J~7'.....-,' ...: ' '"7-_';':"'~,
';'i "~~":t)'t:,;.~r Dade County, Florida:A~,q.,,~',,::;:l;;;.~iH::"'. "'. ,-" ,.'::..',?".'';'.'!,_,'.'
L~. .:~". 't'~'f1c-:~W~~.:t.~.i-r\r.., < ,:.r.,../ '. ','" :...\.~..;tt.t~'!.~ir:~jt.";=l't.~~~';::':>'" '.''''": ~ '~:..:~~~~~
:!-' .,/.~ ;tfa~ ...l;:~:~e,c,~~on 22., This. ~~::~;,nt..,embOdies the entire agreement"~'~'
,'~' .".. ~J'L""'..\(,~",,,,,,,,\,,:,, . '~.""""'-"''t''i"",.,,",,,,,,,,,,,,.;,,,,'''t,.,w...,. ,..", , ", "'II"
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, .'and understandin9 between _the parties hereto, and any other .;::.\}.~~ ~
"I.tr"f:~~i1=--J.r""'.lL.-"...."~' . ,..:...~.J;,~\-tr..--"'........s.,;h$. ." ".....', ... ..". '., -.~~ ."":':~.4\h.~ -;'
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.,~,~greements" and understandings, 'whether oral or written, with "'~1";:,!.~::.
~t1'''''''-'''iA~;l'.J:!i';-''''''''-~' " \ .....,. '. F:'"'' .~,... '. . _1J1..\,:
.' ~';IT:~.;"~~A'(.+.._~.rf"".' .,:..j.,..... . -.."'....-...~...~-~.. ,~..-..~~...- . ""'"
:~i~\::~i~~~~t~~;::~~~!j:::.~~,~~.~~!:: Int.rlooal A9<.~ent --..,.,',_.!t,l.r,F.!.~.~,;,'
.'. " ~~ "~'\..~:.i!',jOi:'l~4."!'~~.~'~:lr.!;'::+~.. .'~.....' ~. .....,..:...'-:..........""";.:;,.-~.:'~... ... '.' 'i'.-~_~_\
;-:.~ :,'" '~~;~~~~~~;;~~y~~}:3.: - .NO alte;7,:c~:7~D;.,~~~ange or mOdifications,/~:~(;;\
';l: ,~, r~~I~~i~~~~~~.,,:\f,,~h~~,Inter.l_~c:1-,,~,?-.:~:m.e~t shall be ,-:~~id' 'l$Z~~~
:,!ifJm.:..:Jj~,if<.'~;;~>u"nl,es,,'s,.,-,ma,", de i,n writing and signed by all parties hereto and, ,);%~~
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:"'. ~;u.e...~~'1~"~:. -"':"'r~l~"">:.>"~'~"" -'~ .:~.'~'~ .;,
':.::',~:li.~~i~!;-)f deemed by either the City Attorney or the County Attorney :.,<>.,'1(:'
;~~'f~~1~':.~~~~r~~.~~;~~-i amendment, then 'Only upon approval by both"'::';;'~.~1
:~~t~~t!J~&~:;.~:~.~~.~-~,.~~~-.1:.~:--:'-~:-;-'-""-'. .','. . ~~::; _ ",~.?~~t\~~i.
.'.#% '!.;IJ,,,"-.:City and County Corrunissions'-;;'J.i"~'_"'i:':,"." ..... ", i'..... ,.... ,:,";..;-:.:~c~~:&,-'1;~,t
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:~~ ". .~..., -~tI~~.r;:~~!~;~~"!~~~'41;"-'4~~C:3~..~.~"'!;~m:-';'~~:;'~'5of'':!~~;;:'.r':~~";,:;~~,~~,:\", .....:':::.~.<~:~' ~ .'. >:~""". '.' <..t.......~:.:-;i:;~..l:.;,~-):
'~:~-,' ;'1r~ ,~1l'f~;...!i'Section ,24 .'o,!:fc;:',If any part of this lnterlocal Agreement .<;!f;,~::..,.,
-::"~r:af~.;~~~~13;~~~~!:::'~;t..~~-;:.'.~"'.~.':".:-:f',"''':'-7.:-:..=:t~.:-'{\!::.((::"l;;';~,;f"'.~';-"':.~\)~~:!l~"'-:-'.,~- . .....- .... ....:. .. .' :>.;.~~~~~_~..
',,~~~!,:'~~Hs .held to be invalid, such part shall be severable and the:},~115~;l~~
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':Y,~~:~~h::;Z'i~ai~d~-;' of thisInterl~~ai:'A9~'~~~~~t shall not be affected',?;~~~ti:-
~>~~~~~~~;:!.~:~;.':. .~." ""'i,,,:':'. ..:. ~..:' ~:'.,. . ~~;;.:."';;,._~'"':".i:i..~i~.. ...~~ . .:~';.~~:.lf~'.
/:;-<'$Y''c'':' . thereby, provided that'both the County and the City agree to . ?';;:j~,~;:'~','
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the continuation of this Agreement.
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IN WITNESS WHEREOF, the parties having caused this
duly authorized officers.
!nterlocal Agreement to be executed by their respective and
/C:o.iii-i'i.?~".pADE COUNTY, FLORIDA
/.... ,.';'''-O>'','(;i;.Y ITS BOARD OF
RICHARD P. BRINKER, Cler~' --,"~";(:\)UNTY SSlON RS
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ATTEST:
By:
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DEPUTY CLERK
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M.R. St1er el.m
County Manager
MIAMI BEACH
ITY COl1MISSION
By.
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.tf.1!i;~~~~iP;:'~{gJ;':~IP~:;j";;~t" ~~ ~~;d -he;ei~ :~h~lI be defined to mean the expansion of the
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. ~;,f~~';;;:'~":"t;,!.... :': 788,900 square feet. This definition of the "proJect" IS more fully
. ~~n~1f,~~if.':f-;:!;: described in the Laventhol (( Horwath study dated October 1982
:;1E ~;!>':";;/~""'~~:~'.f,'~ entitled, "Evaluation of Market Support and Operating Potentials for
.'f; ,,;.;:~f..~\ >(~i'.t~.;~' ~.he ~i~mi Beach Convention Center". .:, ,
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RESOLUTION NO. 84- 17778
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, REQUESTING THE
COUNTY OF DADE, FLORIDA, TO ISSUE SPECIAL
OBLIGATION BONDS TO FINANCE THE COSTS OF
EXPANDING AND IMPROVING THE MIAMI BEACH
CONVENTION CENTER; AUTHORIZING CERTAIN ACTION
WITH RESPECT THERETO; AND PROVIDING CERTAIN
OTHER ACTION WITH RESPECT THERETO.
WHEREAS, Section 212.057, Florida Statutes (1983), as
amended by Ch. 84-67 of the Laws of Florida (the "Convention
Development Tax Act"), authorizes Dade County, Florida (the
"County") to levy a three percent (3%) convention development tax
(the "Convention Development Tax"), on the amount of any payment
made by any person to rent, lease or use for a period of six (6)
months or less, any living quarters or accommodations in a hotel,
.
apartment, hotel, motel, resort motel, apartment, apartment
motel, rooming house, tourist or trailer camp, or condominium,
except payments made by a person to rent, lease or use any living
quarters or accommodations which are exempt under Part I of
Chapter 212, Florida Statutes (1983), as amended; and
WHEREAS, the Convention Development Tax Act authorizes
two-thirds (2/3) of the receipts of the Convention Development
Tax (the "City's Share") to be used to extend, enlarge and
improve the largest existing publicly-owned convention center in
the County; and
WHEREAS, the Miami Beach Convention Center (the
"Convention Center"), situate in the City of Miami Beach (the
"City"), is the largest existing publicly-owned convention center
in the County; and
WHEREAS, the County has enacted Ordinance No. 83-91
which Ordinance, as amended, imposes the Convention Development
Tax pursuant to the Convention Development Tax Act; and
WHEREAS, the City deems it necessary and desirable and
in the best interests of the City to extend, enlarge and improve
the Convention Center; and
,
WHEREAS, the City deems it necessary and desirable and
in the best interests of the City to finance the costs of said
extension, enlargement and improvement of the Convention Center
through the issuance of bonds of the County secured by a pledge
of the City's Share of the Convention Development Tax and certain
other security.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA:
Section 1. The City Commission of the City hereby
formally requests the County Commission of the County to
authorize an issue of not to exceed $80,000,000 aggregate
principal amount of special obligation bonds of the County,
secured primarily by a pledge of the City's Share of the
Convention Development Tax and certain other security, the
proceeds of said bond issue to be utilized to finance the costs
of extending, enlarging and improving the Convention Center.
Section 2. The City Manager, the City Attorney and
Morgan, Lewis & Bockius, Bond Counsel to the City, are hereby
authorized and directed' to negotiate and prepare an interlocal
agreement and to assist the staff of the County and its bond
counsel in preparation of said bond issue.
Section 3. The Mayor is hereby authorized and directed
to deliver a certified copy of this resolution to the Mayor of the
County and to each member of the County Commission.
Section 4. This resolution shall be effective
immediately upon its adoption.
PASSED and ADOPTED this 20th
?24~.
Mayor
.;--
/'
Attest:
AL~ /;; a~v'
City Clerk
FORn' ~ G"'D'" 'C:D
I'd ."\, t :,<j;,.L.,
LEGAL DCPT.
By'
-2-
&Jet
-
DE YOUNG: ... couldn't do it directly because it's not part of the scope of
the original issue. Once the available funding goes to the General Fund
balance, it is then ...
PARKINS: Well, that becomes, then, the subject of the budget issue for '84-
'85, ...
DE YOUNG: That's right.
PARKINS: ... but your answer is, yes, after it's gone back to the General
Fund, it becomes a budget issue then, Commissioner.
FROMBERG: Okay, any further discussion on this? Do I hear a motion on R-7G?
SINGER: Move it.
FROMBERG: Moved by Commissioner Singer. Seconded by Commissioner Shockett.
All in favor, signify by saying "aye". (AYE) Any opposed? It passes
unanimously. (6-0, Commissioner Eisenberg away from table) R-7B, Mr. City
Manager.
PARKINS: A similar situation related to $230,000 outstanding on the 1974
bike path bond issue.
FROMBERG: Mrs. Falk, do you want to speak again on it? I assume your
statements would be the same with regard to this matter. Okay, thank you.
Do I hear a motion on R-7B? Moved by Commissioner Singer, seconded by
Commissioner Shockett. Any further discussion? All in favor, signify by
saying "aye". (AYE) Any opposed? Let the record reflect that passes
unanimously. (6-0, Commissioner Eisenberg away from table) Does that
conclude the matter?
I~ R-7I
alIIMISSIOII IIBII)RAIIOOM 110. 417-84
A RBSOLO'l'IOII OF '!lIB CIft alIIMISSIOII OF '!lIB CIft OF MIAIII BBACII,
PLORIM, aBQUBS'l'IIIG '!lIB UAlIITX OF DADE, FLORIM, '!'O ISSUE SPECIAL
OOLIGATIOII IIOIIlS '!'O PIHARCB '!lIB COSTS OF DPAlmIIIG AIm llIl"KOv J.I'IG
TIlE MIAIII BBACII \,;UIIv__lIOII Cbn......; AD'l'BORIZIIIG CBRrADi ACTIOII
111m BBSPBCT 'DII5KI5'i'Ol AIm PROVIDING CBRl'AIN OTIIBR ACTIOR 111m
BBSPI!CT "J.'1II5KIS'rO.
ACTION:
Resolution No. 84-17778' adopted, requesting County COI1IUission to
authorize issuance of not to exceed $80,000,000 aggregate
principal amount Special Obligation Bonds, secured primarily by
pledge of City's share of 3% Convention Development TaXI
authorizing negotiation of inter local agreement and assistance in
issue preparation.
During discussion, Lawrence Levy
(City's bond counsel) appeared
adoption.
of Morgan, Lewis and Bockius
in support of resolution's
PARKINS: There is one other item, sir, and this is just simply a resolution
to support ... R-7I I believe it is.
DE YOUNG: Yes.
PARKINS: It's a resolution of the City Commission of the City of Miami
Beach, Florida, requesting the County of Dade, Florida, to issue special
obligation bonds to finance the costs of expanding and improving the Miami
Beach convention Centerl authorizing certain action with respect theretol and
providing certain other action with respect thereto.
SINGER: Move it.
FROMBERG: Moved by Conmissioner Singer, seconded by COIlIIIissioner Grenald.
Any further discussion? We're talking about R-7I. All in favor, signify by
saying "aye". (AYE) Any opposed? It passes unanimously. (6-0,
Commissioner Eisenberg away from table)
C<HIISSION MINUTES - 6/20/84
Page 26
LEVY: Mr. Mayor and members of the Conunission, thank you.
FROMBERG: Thank you, sir.
PARKINS: Thank you, Mr. Levy.
FROMBERG: Okay, Conunissioner Singer, you wanted C-4C, R-9B, and R-9J.
SINGER: Yes. Mr. Mayor, fellow Conunissioners, if you recall we formed the
Mayor's Ad Hoc Youth Center Conunittee in April. Since that date, the
Conunittee has met three times and four subcommittee meetings have been held
as well. Hundreds of hours have already been expended by the members of the
Committee in addressing the concerns that not only the public has raised, but
all the members of this Conunission has raised. They've done very extensive
studies into all of the internal problems. What you have before you today in
a separate package are just copies of the minutes from these meetings and
some of the responses from the Administration. The issue is to budgetary
reconunendations, staffing, progranuning. They're very complex issues and
those issues will be coming back before the Conunission in July with the
overall recommendations from the Conunittee as was requested by the Mayor in
forming it.
What we would like to do, today, and Mrs. Nancy Liebman will be making a
presentation that will be just a few minutes long, it's just outlining those
areas that the Conunittee has found to be emergency items that cannot wait for'
a month or two to be addressed in the overall reconunendations. Hopefully we
can get some resolution to these emergency items today.
I'd like to point out that in the audience we have several members of
the Conunittee who have spent countless hours of their time on this: Gloria
Pope, Sally Barnett, Karen Kahn, and, of course, Nancy Liebman. I don't
think anyone else is here, right?
At this time, what I'd like to do is just have Nancy give a rundown on
five items that are outlined on the form that was given to you and then
hopefully we'll have the Administration address them.
NANCY LIEBMAN: Thank you. Members of the Conunission, today, our
presentation, as Conunissioner Singer explained, will only deal with the
emergency items to the physical plant. The remainder will be on July 11th.
I'm making ,the presentation as the chairman of the subconunittee of the
physical plant.
We met initially at the Youth Center with a qualified engineer to
examine the physical problems of the building. He went through the building
with us and from there we jumped off on our discussions. After three
meetings we have have outlined the major problems that we found in the
building.
I hope that you have read the detailed minutes which are presented to
you. To summarize them, the critical needs, we found, were the roof. This
is an overwhelming problem that seems to have been neglected over the past
five years. Number two, the general maintenance of the building. Number
three, the glass wall problem which is being worked on now. Number four, the
maintenance scheduling, and, number five, the problem of having only one
Recreation Operations Mechanic.
Our conunittee was concerned that these needs have been lingering for so
long a period of time. It just seems like memos have been passed and no
actions have been taken to any extent. The roof which is steadily ~eaking at
this point, is still, from what I can determine and what the committee could
examine, is still only in the investigation stages and it seems to have
transferred to the Building Maintenance Department from Mr. Aymonin's
department. It's changed hands according to what we could determine. The
leakage is staining not only the ceiling tiles, but we feel that it's going
to create a major crisis in the electrical rooms. There is water leaking
into the electrical rooms at this time, which everyone seems to determine
that it's a hazard but nothing is happening. We strongly reconunend that an
inunediate action be taken to correct this roof, for a final time. No more
patching. Let's determine what the problem is and do it.
The glass wall is presently being repaired. The Conunittee recommends,
though, that you investigate and determine whether the current repair is a
permanent solution to the problems which have caused the glass to bow in the
first place. Is it permanent or is it just a temporary fixing of the glass?
Number three, the janitorial contract, ...
COMMISSION MINUTES - 6/20/84
Page 27