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Resolution 86-18679 - . , RESOLUTION NO. 86-18679 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH AUTHORIZING THE AWARD OF THE BID TO THE LOWEST AND BEST BIDDER MEETING SPECIFICATIONS, SOUTHEAST BANK, N.A. AND APPOINTING SOUTHEAST BANK, N.A. AS REGISTRATION AND/OR PAYING AGENT TO THE BOND FUNDS. WHEREAS, the City of Miami Beach desired to issue a Bond To provide cost avoidance in management of existing bond repayment, and WHEREAS, the City of Miami Beach advertised their desire to obtain bids on October 17, 1986, opened for bids November 12 , 1986 , mailed eight ( 8) specifications to bidders and received seven (7) replies to the specifications, and WHEREAS. Southeast Bank, N.A. was the lowest and best bidder meeting the specifications as Registration and/or Paying Agent to the Bond Funds. • NOW THEREFORE BE IT DULY RESOLVED BY THE CITY -COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA , to authorize the City Commission to award the bid the lowest and best bidder meeting specifications, Southeast Bank , N. A. and appointing Southeast Bank, N.A. as registration and/or paying agent to the bond funds. PASSED and ADOPTED this 19th day of November , 1986 . ,, , /It( /./"/ / I; , 6L eJ MAYOR ATTEST: ;3) ad— Ni FOrM APPROVED LEGAL DEPT MLB/lsc By , 1 ✓141,• �� `^ Date________I I-19-,c/47 ' ORIGINAL • RESOLUTION NO. 86-18679 (Authorizing the award of the bid to the lowest and best bidder meeting specificat- ions, Southeast Bank, N.A. and appointing Southeast Bank, N,A. as registration and/or paying agent to the bond funds) • •