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RESOLUTION 84-17773 RESOLUTION NO. 84-17.773 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH AUTHORIZING AND DIRECTING PREPARATION OF AN OFFICIAL STATEMENT TO BE USED IN CONNECTION WITH THE SALE OF PARKING REVENUE BONDS IN THE AMOUNT OF $6 , 000, 000 FOR THE PURPOSE OF ACQUIRING, EQUIPPING AND IMPROVING AUTOMOBILE PARKING FACILITIES IN THE CITY OF MIAMI BEACH, AUTHORIZED AT AN ELECTION HELD ON OCTOBER 5 , 1978 ; AUTHORIZING RELATED ACTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the duly registered and qualified voters of the City of Miami Beach, Florida (the "City" ) , participating in an election held according to law in the City on October 5 , 1978 , authorized the issuance of parking revenue bonds of the City in an amount of $6 , 000 , 000 (the "Bonds" ) for the purpose of acquiring, equipping and improving automobile parking facilities in the City; and WHEREAS , the City Commission of the City (the "Commission" ) has determined that it is in the best interests of the City and its citizens to proceed with the sale and issuance of the Bonds. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA THAT: Section 1 . Dean Witter Reynolds, Inc. , Financial Advisor, and Morgan, Lewis & Bockius, Bond Counsel , are hereby directed to prepare an Official Statement, Notice of Sale and Official Bid Form to be used in connection with the sale of the Bonds, which documents shall be submitted to the Commission for its approval at a subsequent meeting. Section 2 . The proper officers of the City are hereby authorized, empowered and directed to assist in the preparation of said Official Statement, Notice of Sale and Official Bid Form; and, in addition, are authorized, empowered and directed to take all such further action, and to execute such additional documents as they deem advisable to prepare for a public sale of the Bonds, and to carry out the purposes of this Resolution. Section 3 . This Resolution shall be in force and effect immediately upon its adoption. PASSED AND ADOPTED this 20th day of June, 1984 . -Mayor Attest: City Clerk (SEAL) FORM APPRI ED G: DEP By Date � ( 2i2( -2- ORIGINAL RESOLUTION NO. 84-17773 (Authorizing and directing preparation of an official statement to be used in connection with the sale of parking revenue bonds in the amount of $6,000,000 for the purpose of acquiring, equipping and improv- ing automobile parking facilities in the City of Miami Beach, authorized at an Election held on October 5, 1978, authoriz- ing related action; and providing for an effective date)