Tab 30 /\AIAMIBEACH
liliiami Beach Redeve{opment Agency, 1700 Convention Center Dmre,Miami Beach,FL 33139,www.n-iambeachfl.aav
FINANCE DEPARTMENT,Tet 305.673.7466
June 26, 2025
U.S. Bank Trust Company, National Association, as Paying Agent
6410 Southpoint Parkway, Suite 200
Jacksonville, Florida 32216
Attention: Corporate Trust Services
Re: Miami Beach Redevelopment Agency Tax Increment Revenue and Revenue
Refunding Bonds, Series 2015A(City Center/Historic Convention Village)
Ladies and Gentlemen:
The Miami Beach Redevelopment Agency (the "Agency") hereby instructs U.S. Bank
Trust Company, National Association, as Paying Agent (the "Paying Agent") under Resolution
No. 619-2015 adopted by the Chairperson and Members of the Agency on October 14, 2015 (the
"Bond Resolution"), to conditionally call for redemption on August 7, 2025, the Agency's
outstanding Miami Beach Redevelopment Agency Tax Increment Revenue and Revenue
Refunding Bonds, Series 2015A (City Center/Historic Convention Village) more particularly
described in Exhibit A attached hereto (the "Bonds"). Such Bonds shall be redeemed at the
redemption price equal to one hundred percent (100%) of the principal amount of such Bonds,
plus accrued interest to the redemption date.
You are hereby directed to send on July 3, 2025, to all registered owners of the Bonds
and Assured Guaranty Inc., a conditional notice of redemption of the Bonds as set forth in
Section 203 of the Bond Resolution.
Very truly yours,
Miami Beach Redevelopment Agency
By: C �
Executive Dire or
1 I AAa0+7nON1 A\ACOV`A
EXHIBIT A
Miami Beach Redevelopment Agency
Tax Increment Revenue and Revenue Refunding Bonds, Series 2015A
(City Center/Historic Convention Village)
Maturity Date Principal
Number (February 1) Amount Interest Rate CUSIP
R-10 2026 $ 8,290,000 5.00% 593237FE5
R-11 2027 8,715,000 5.00 593237FF2
R-12 2028 9,165,000 5.00 593237FGO
R-13 2029 9,635,000 5.00 593237FH8
R-14 2030 10,130,000 5.00 593237FJ4
R-15 2031 10,650,000 5.00 593237FKI
R-16 2032 11,195,000 5.00 593237FL9
R-17 2033 11,770,000 5.00 593237FM7
R-18 2034 12,370,000 5.00 593237FN5
R-19 2035 13,005,000 5.00 593237FPO
R-20 2040 75,745,000 5.00 593237FQ8
R-21 2044* 75,810,000 5.00 593237FR6
'All of the outstanding Bonds maturing February 1, 2044,except for$5,000 in principal amount
of the mandatory sinking fund payment due February 1, 2044, shall be redeemed.
A-1
1-1.
CONDITIONAL NOTICE OF REDEMPTION
Miami Beach Redevelopment Agency
Tax Increment Revenue and Revenue Refunding Bonds, Series 2015A
(City Center/Historic Convention Village)
Dated December 15, 2015
NOTICE IS HEREBY GIVEN that the Miami Beach Redevelopment Agency (the "Agency")
intends to irrevocably deposit available moneys on August 7, 2025 with U.S. Bank Trust Company,
National Association (the "Paying Agent") for the purpose of paying the redemption price of and accrued
interest on the above captioned bonds described below(the "Bonds"). Subject to the conditions described
below, the Bonds are hereby called for optional redemption on August 7, 2025 (the "Redemption Date")
at a redemption price equal to one hundred percent (100%) of the principal amount of such Bonds,
together with accrued interest to the Redemption Date.
Maturity Date Principal
Number (February I) Amount Interest Rate CUSIP*
R-10 2026 $ 8,290,000 5.00% 593237FE5
R-1 1 2027 8,715,000 5.00 593237FF2
R-12 2028 9,165,000 5.00 593237FGO
R-13 2029 9,635,000 5.00 593237FH8
R-14 2030 10,130,000 5.00 593237FJ4
R-15 2031 10,650,000 5.00 593237FK 1
R-16 2032 11,195,000 5.00 593237FL9
R-17 2033 11,770,000 5.00 593237FM7
R-18 2034 12,370,000 5.00 593237FN5
R-19 2035 13,005,000 5.00 593237FPO
R-20 2040 75,745,000 5.00 593237FQ8
R-21 2044` 75,810,000 5.00 593237FR6
` All of the outstanding Bonds maturing February 1, 2044, except for$5,000 in principal amount of the
mandatory sinking fund payment due February I, 2044, shall be redeemed. On or after the Redemption
Date, upon surrender of the Bonds, a new bond in a principal amount equal to $5,000 will be issued.
THE REDEMPTION OF THE BONDS IS CONDITIONED ON THE DEPOSIT OF MONEYS
WITH THE PAYING AGENT IN AMOUNTS NECESSARY TO EFFECT THE REDEMPTION OF
THE BONDS, NO LATER THAN THE REDEMPTION DATE, AND THE AGENCY RETAINS THE
RIGHT TO RESCIND THIS CONDITIONAL NOTICE OF REDEMPTION ON OR PRIOR TO THE
REDEMPTION DATE, AND THIS CONDITIONAL NOTICE OF REDEMPTION AND OPTIONAL
REDEMPTION OF THE BONDS SHALL BE OF NO EFFECT IF SUCH MONEYS ARE NOT SO
DEPOSITED OR IF THIS CONDITIONAL NOTICE OF REDEMPTION IS RESCINDED AS
DESCRIBED IN RESOLUTION NO. 619-2015 ADOPTED BY THE CHAIRPERSON AND
MEMBERS OF THE AGENCY ON OCTOBER 14, 2015.
Subject to the preceding paragraph, the redemption price of and accrued interest on such Bonds
shall become due and payable on the Redemption Date. From and after the Redemption Date interest on
such Bonds shall cease to accrue and be payable. Interest due on the Bonds will be paid in the usual
manner.
11 04619769\2 W M E R I CAS
Payment of the redemption price (as described above), together with accrued interest to the
Redemption Date, will be made on or after the Redemption Date, upon the presentation of said Bonds at
the appropriate office of U.S. Bank Trust Company,National Association, as Paying Agent for the Bonds,
as follows:
U.S. Bank
Global Corporate Trust
1 1 I Fillmore Ave. E.
St. Paul, MN 55107
BY: U.S. BANK TRUST COMPANY,
NATIONAL ASSOCIATION,
as Paying Agent
Dated July 3, 2025
Withholding of 24% of gross redemption proceeds of any payment made within the United States
may be required by the Tax Cuts and Jobs Act of 2017 unless the Paying Agent has the correct taxpayer
identification number (social security or employer identification number) or exemption certificate of the
payee. Please furnish a properly completed W-9 or exemption certificate or equivalent when presenting
You[-securities.
* The Agency and the Paying Agent shall not be responsible for•the use of the CUSIP number(s) selected,
nor is any representation made as to their correctness indicated in the notice or as prinled on any
Bond They are included solely for the conn,enience of the holders.
2
11 04619769\2\AMERICAS