F IRS Form 8038-GForm 8038-G
(Rev. May 1999)
Department of the Treasury
Internal Revenue Service
Information Return for Tax -Exempt Governmental Obligations
► Under Internal Revenue Code section 149(e)
► See separate Instructions.
Caution: Use Form 8038 -GC if the issue price is under $ 100,000
If Amended Return, check here ►
2 Issuer's employer identification number
City of Miami Beach; -Florida 59-6000372
3 Number and street (or P.O. box if mail is not delivered to street address) Room/suite
i E Reporting Authority
1 Issuer's name
OMB No. 1545-0720
1700 Convention Center Drive
5 City, town, or post office, state, and ZIP code
Miami Beach, Florida 33139
7 Name of issue
Non -Ad Valorem Revenue Note, Series 1999
9 Name and title of officer or legal representative whom the IRS may call for more information
Patricia D. Walker, Finance Director
Part I1
1
2
3
4
5
6
17
t8
19
20
4 Report number
G 1999 - 2
6 Date of issue
June 28, 1999
8 CUSIP number
N/A
10 Telephone number of officer or legal representative
(305) 673;7466
Type of Issue (check applicable box(es) and enter the issue orice) See instructions and attach schedule
11
12
13
14
❑ Education
❑ Health and hospital
O Transportation
O Public Safety
❑ Environment (including sewage bonds)
❑ Housing
❑x Utilities
❑ Other. Describe ►
If obligations are TANs or RANs, check box ► ❑ If obligations are BANs, check box ► ❑
If obligations are in i of a lease or installment sale, check box ► ❑x
Description of Obligations (Complete for the entire issue for which this form is beino filed.)
Part 01
(a) Final maturity date
(b) Issue price (c) Stated redemption
price at maturity
21 06/01/2009 $3,941,059 $3,941,059
Part IV
Uses of Proceeds of Bond Issue (including underwriters' discount)
22 Proceeds used for accrued interest 1 22 -0-
23 Issue price of entire issue (enter amount from line 21, column (b)). 1 23 3,941,059
24 Proceeds used for bond issuance costs (including underwriters' discount). 1 24 7,500
25 Proceeds used for credit enhancement 1 25 -0-
26 Proceeds allocated to reasonably required reserve or replacement fund. 1 26 -0-
27 Proceeds used to currently refund prior issue 1 27 -0-
28 Proceeds used to advance refund prior issue 1 28 -0-
29 Total (add lines 24 through 28) 129 7,500
30 Nonrefundinq proceeds of the issue (subtract line 29 from line 23 and enter amount here) 30 •. 3,933,559
pulliavenj Description of Refunded Bonds (Comolete this part only for refunding bonds.)
31 Enter the remaining weighted average maturity of the bonds to be currently refunded ► Years
► Years
(d) Weighted
average maturity
5.547 years
(e) Yield
4.7507%
32 Enter the remaining weighted average maturity of the bonds to be advanced refunded .
33 Enter the last date on which the refunded bonds will be called
34 Enter the datels) the refunded bonds were issued ►
Part VI
Miscellaneous
35 Enter the amount of state volume cap allocated to the issuer under section 141(b)(5) 1 35 I N/A
36a Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract (see instructions 36a N/A
b Enter the final maturity date of the guaranteed investment contract ►
37 Pooled financings: a Proceeds of this issue that are to be used to make loans to other governmental units 37a N/A
If this issue is a loan made from the proceeds of another tax-exempt issue, check box ► ❑ and enter the name of the
b issuer ► and the date of the issue ►
38 If the issuer has designated the issue under section 265(b)(3)(B)(i)(I11)(small issuer exception), check box ►❑
39 If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box ►❑
40 If the issuer has identified a hedge, check box ►❑
Under penal of perjury, I declare that 1 have examined this return, and accompanying schedules and statements, and to the best of my knowledge
Please and belief, tr 'e, corre t d complete.
Sign
Here
C�-
Signature of issuer's authorized representative
For Paperwork Reduction Act Notice, see page 2 of the Instructions.
2678v1
6/28/99
Date , Type or print name and title
Cat. No. 63773S Form 8038-G (Rev. 5-99)
Patricia D. Walker. Finance Director