RESOLUTION 87-19083 I,,
REGULAR AGENDA - NOVEMBER 18, 1987
:-7., RESOLUTIONS (CONTINUED) ,
C. COMMISSION MEMORANDUM NO. 808-87 _A4., ,r,P -16S
A ggSOT.uN TLzHOR Z ING ,THE;,.NEGOTIATED, SALE �„OF NOT TO EXCEED 10 00 CITY F.. NaIAMI
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BEA. �hORID PARKING BONDS` ui ERI 1987, AND THE SALE THEREOF TO THEA,
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gog.20,CH AS,,,, „coma RA. AUTHORI Z IN G..„,MUN ICI PAL BOND---INSURANCE..ON SUSI BONDS ,RAT,IF*Y,ING, ,
D RZ TION OF A PRELIMINARY .OFFICIAL. STATEMENT„ YM1? ,..AUTHORI 2ING:„, HE , ,..2cg ioN,, kkija,
DISTRIBUTION OF A FINAL OFFIC ATEMENT IN CONNECTION WITH THE ISSUANCE AND DELIVERYOF
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THF, „o Dsi. PoI TING t RUSTEE, .A REGISTRAR.,�.A PAYING AGENT, AND AN ESCROW AGENT; APPROVING
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...s....'� +s.. +s:' x.'. i RK_Qg , ND.,, mmQK jjtq.T EXFCTIONANDDLIv TRUST .yR�i�, i$T ��D PAYING,« aa� -- .... �.tead..+_,��.,.�,�► .....i'.3t�...,. .._.. � .�Lt:.... �'""':3.�,..e."^ a_....r. •"..:�:.,.. -�...;,.u.:.►,..+.....:
A GREEMENT• APPROV,IyGT.. ,FORM . of AND,, AUTHORI Z INGwr_THE XECUTION AND DELIVERY OAN
r RczipaiziAGRE N.T:1;2ROV.IDirl Izp ;,,,BOOK--ENTRY-4NLY.�sisTEM 4WITH= RESPECT '0.-SUCH.-BONDS;
P ,,ROV�,,�,,N,G„ THE FORM OF AND AUTHORI Z ING THE EXECUTION AND DELIVERY OF A REPRESENTATION LETTER;
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MAI{ NG CERTAIN OTHER COVENANTS AND AGREEMENTS IN CONNECTION WITH SUCH BONDS• AND PROVIDING
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AN EFFECTIVE DATE.
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ADMINISTRATION RECOMMENDATION: THAT THE CITY COMMISSION ADOPT THE RESOLUTION.
(FINANCE DEPARTMENT)
ACTION: ResolutionNo. 87-19082 adoptedl Bond Underwriters - Lazard Freres & Co., Bear,
Stearns & Co. , Inc., and Raymond James & Associates, Inc.; municipal bond insurers - AMBAC
Indemnity Corporation; Trustee, Paying Agent, and Registrar - Southeast Bank, N.A.; Escrow
Agent - Southeast Bank, N.A.; securities depository - Depository Trust Company (DTC) .
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D. COMMISSION MEMORANDUM NO. 809-870-7"
A RESOLUTION PROVIDING.-_FOR_ THE,,REDEMPTION OF CERTAIN OF THE zOUTSTANDING CITY OF MIAMI BEACH!,
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1t v; a-+��:.,.'-�,q+.._.. ?r'il . ,..: ;,,.... �...�.,.zr..._. a a.... .� _..OtiMI,UMS' ..a.. _. .A E AINTEREST, ANDRED , S; PROVIDING FORk$AILING.:,,„,OF_ THE
ysy+4.,G t'.i`:...'6W'ari'�. .:>i.s tS.eiR:�",!: ,,H..r ... .. .... ..,.... r . . .. a.,«r.., «._ .fl1i..a..t..... .� .� •�,,rs a.EMPION , IF ANY ,�ON SUCH BOND _,•_�
NOTICE OF REDEMPTION PROVIDING FOR CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; AND
i)—ROViiIN-CiFoii
� : aSyiair..ad�LL.i..:M ...`s�-:.a..r.......+..�.w-dn..-.w........�....>7."4r...a........w_......._..n iw..�.. +..4.+. .«..r,.Hr .. �: E AN EFFECTIVE DATE. I -
ADMINISTRATION RECOMMENDATION: THAT THE CITY COMMISSION ADOPT THE RESOLUTION.
(FINANCE DEPARTMENT)
)
ACTION: Resoluti
onc NO. -19083.a.a,...da...optded.:_W
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E. COMMISSION MEMORANDUM NO. 810-87
A RAS ION, OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,,� ORSING THE
�.22,(E, S •, R0?M4, p,PAsT- ___CA,. ,,„piC _ e�„ A .,,NON-PROFIT4qTELEVISION PRODUCTION COMPANY, FOR THEIR
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KPRopti IQN, OF A, 68-MINUTE•�DOCUMENTARY .ON,,THE CITY OF MIAMI BEACH S ART DECO DISTRICT
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ADMINISTRATION RECOMMENDATION: THAT THE CITY COMMISSION ADOPT THE RESOLUTION.
(CITY MANAGER'S OFFICE)
ACTION: Past America, Inc. , President Shep Morgan advised that Time Magazine agreed to run
a small piece on Art Deco entitled Pastel Glass from the Past. He requested adoption of the
resolution.
Resolution No, 19,084,adopted . .documentary to be produced at no cost to City; estimated
cost - $100,000 minimum.
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CTION SUMMARY (R-7C - R-7E) - NOVEMBER 18, 1987 -19-
ORIGINAL
RESOLUTION NO. 87-19083
Providing for the redemption of certain of
the outstanding C.M.B. , Florida, Parking
Revenue bonds, Series 1984; instructing the
paying agent to pay principal, interest,
and redemption premiums, if any, on such
bonds; providing for mailing of the notice
of redemption; providing for certain other
matters in connection therewith; and
providing for an effective date.