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Transcript of Proceedings $3,941,059 City of Miami Beach, Florida Non-Ad Valorem Revenue Note, Series 1999 TRANSCRIPT OF PROCEEDINGS The closing was held on June 28, 1999, at 10:00 AM. at the City of Miami Beach City Hall, 1700 Convention Center Drive, Miami Beach, Florida 33139. I. PARTIES TO THE TRANSACTION: Issuer: CITY OF MIAMI BEACH, FLORIDA Neisen O. Kasdin Nancy Liebman Simon Cruz David Dermer Susan Gottlieb Martin Shapiro Jose Smith Mayor CommissionerNice Mayor Commissioner Commissioner Commissioner Commissioner Commissioner City Manager City Clerk City Finance Director City Attorney Financial Advisor Purchaser of Bonds Bond Counsel Counsel to the Purchaser Sergio Rodriguez Robert Parcher Patricia D. Walker Murray H. Dubbin Dain Rauscher Florida Power & Light Squire, Sanders & Dempsey L.L.P. Steel Hector & Davis LLP II. DOCUMENTS: A Certified copies of Resolution Nos. 98-22891 and 99-23220. B. General Certificate of the Issuer C. Tax Compliance Certificate D. Cross-Receipt E. Investment Letter F. IRS Form 8038-G G. Notice of Sale H. State of Florida Division of Bond Finance Forms BF-2003 and BF-2004 I. Negotiated Sale Disclosure Statement and Truth in Bonding Statement J. Specimen Note K. Opinion of the City Attorney L. Opinion of Bond Counsel M. Underground Electric Transmission Facilities Agreement N. Easement Agreement F:\ATTO'l.EVl'BONDS'#PIL-i.OA'GLOSING2.IM'D