Tab 45$238,960,000 (EST) Miami Beach Redevelopment Agency Tax Increment Revenue Refunding
Bonds, Series 2025 (City Center/Historic Convention Village)
Printed On: 8/7/2025 10:41:24AMSubmit Date: 8/7/2025
Issuer
Mailing Address of Governmental Unit or its Manager:
[blank]
Address 2:
Miami Beach Redevelopment Agency
Name of Governmental Unit:
1700 Convention Center Drive
Miami Beach
City:
FL
State:
33139
Zip Code:
Counties in which governmental unit has jurisdiction:
Miami-Dade
Type of Issuer:
Dependent Special District
Is the Issuer a Community Development District?
No
Bond Information
Name of Bond Issue Amount Issued Interest Calculation Yield
Miami Beach Redevelopment Agency Tax Increment
Revenue Refunding Bonds, Series 2025 (City
Center/Historic Convention Village)
$240,910,000.00 True Interest Cost Rate 4.356492
Bond Issue Detail(s):
$267,000,000.00
Amount Authorized:
08/07/2025
Dated Date:
07/09/2025
Sale Date:
08/07/2025
Delivery Date:
Legal Authority For Issuance:
Other
Other Legal Authority for Issuance:
Chapter 163, Part III
Type Of Issue:
Revenue
Is this a Private Activity Bond?
No
Primary:
Secondary:
Specific Revenue(s) Pledged:
Tax Increment
None
Page 1 of 5
$238,960,000 (EST) Miami Beach Redevelopment Agency Tax Increment Revenue Refunding
Bonds, Series 2025 (City Center/Historic Convention Village)
Printed On: 8/7/2025 10:41:24AMSubmit Date: 8/7/2025
Purpose(s) of the Issue:
Primary:
Secondary:
Refunding
None
Is this a Refunding Issue?
Yes
Bond Refunding Issue Detail(s):
Original Par Value Par Value RefundedName of Refunding Issue Dated Date
Miami Beach Redevelopment Agency Tax Increment Revenue
and Revenue Refunding Bonds, Series 2015A (City
Center/Historic Convention Village)
12/15/2015 $286,245,000.00 $256,480,000.00
Refunded Debt has been:
Retired
Did the Refunding Issue contain New Money?
No
Type of sale:
Competitive Bid
Insurance/Enhancements:
Other
Other Insurance/Enhancements:
Assured Guaranty Inc.
Rating(s):
Moody's:
S & P:
Fitch:
Other:[blank]
A1
AA
NR
Participants
Underwriter:
Provide the name and address of the Senior Managing Underwriter or Sole Purchaser.
BofA Securities, Inc.
Mailing Address of Underwriter:
101 East Kennedy Boulevard
Address 2:
Suite 200
City:State:Zip Code:
Tampa FL 33602
Co-Underwriter:
None
Bond Counsel:
Provide the names and addresses of any attorneys who advised the unit of local government with respect to the bond
issue.
Squire Patton Boggs (US) LLP
Page 2 of 5
$238,960,000 (EST) Miami Beach Redevelopment Agency Tax Increment Revenue Refunding
Bonds, Series 2025 (City Center/Historic Convention Village)
Printed On: 8/7/2025 10:41:24AMSubmit Date: 8/7/2025
Address 2:
City:State:Postal Code:
Mailing Address of Bond Counsel:
Suite 3400
200 South Biscayne Boulevard
Miami FL 33131
Co-Bond Counsel:
None
Provide the names and addresses of any financial consultant who advised the unit of local government with respect to
the bond issue.
Financial Advisor/Consultant:
PFM Financial Advisors LLC
City:
Address 2:
State:Zip Code:
Mailing Address of Financial Advisor/Consultant:
3rd Floor
2222 Ponce De Leon Boulevard
Coral Gables FL 33134
Co-Financial Advisor/Consultant:
None
Paying Agent:
U.S. Bank Trust Company, National Association
Registrar:
U.S. Bank Trust Company, National Association
Fees
Has any fee, bonus, or gratuity been paid by any underwriter or financial consultant, in connection with the bond
issue, to any person not regularly employed or engaged by such underwriter or consultant?
Company Name Fee Paid Service Provided or Function Served
Greenberg Traurig, P.A.$50,000.00 Underwriters' Counsel
Fees Paid:
Have any other fees been paid by the unit of local government with respect to the bond issue, including any fee paid
to attorneys of financial consultants?
Total Bond Counsel Fees Paid:
$191,477.50
Total Financial Advisor Fees Paid:
$218,182.50
Other Fees Paid:
Page 3 of 5
$238,960,000 (EST) Miami Beach Redevelopment Agency Tax Increment Revenue Refunding
Bonds, Series 2025 (City Center/Historic Convention Village)
Printed On: 8/7/2025 10:41:24AMSubmit Date: 8/7/2025
Company Name Fee Paid Service Provided or Function Served
Law Offices of Steve E. Bullock, P.A.$143,608.13 Disclosure Counsel
S&P Global Ratings $131,850.00 Rating Agency
Moody's Ratings $123,300.00 Rating Agency
U.S. Bank Trust Company, National Association $3,000.00 Paying Agent and Registrar
Digital Assurance Certification LLC $2,500.00 Dissemination Agent
Imagemaster, Inc.$4,000.00 Printer
Name:
Filing of this form has been authorized by the official of the issuer identified below:
Title:
Eric Carpenter
Governmental Officer primarily responsible for coordinating issuance of the bonds
Fees charged by Underwriter:
Management Fee (per thousand par value):
OR
Private Placement Fee:
$0.00
$0.00
Underwriter's expected gross spread (per thousand par value):
$3.05
Name:
Company:
Phone:
Title:
Mailing Address of Respondent:
Address 2:
Suite 3400
City:State:Zip Code:
For additional information, the Division of Bond Finance should contact:
305-577-7000
Pedro H. Hernandez
Partner
Squire Patton Boggs (US) LLP
200 South Biscayne Boulevard
Miami FL 33131
Respondent
Page 4 of 5
$238,960,000 (EST) Miami Beach Redevelopment Agency Tax Increment Revenue Refunding
Bonds, Series 2025 (City Center/Historic Convention Village)
Printed On: 8/7/2025 10:41:24AMSubmit Date: 8/7/2025
Information relating to party completing this form (if different from above):
Name:
Company:
Phone:
Address 2:
City:State:Zip Code:
Title:
[blank]
[blank]
[blank]
[blank]
Mailing Address:
[blank]
[blank]
[blank][blank][blank]
Continuing Disclosure
Is the issuer required to provide continuing disclosure information in accordance with SEC Rule 15C2-12?
Yes
On what date is the continuing disclosure information required to be filed? (MM/DD):
05/30
2/1/2044
Date of final maturity of bonds:
Is the issuer in compliance with its existing continuing disclosure agreements?:
Yes
Page 5 of 5