R7D-Issue RDA Resort Tax And Parking Revenue BondsR7 - Resolutions
R7D Authorizing lssuance By RDA Of Tax lncrement Revenue Bonds ln Amount Not-To-
Exceed $430 Million For Specified Public lmprovements; Authorizing lssuance By City
Of Resort Tax Bonds ln Amount Not-To-Exceed $240 Million For Miami Beach
Convention Center lmprovements; And Authorizing lssuance By City Of Parking
Revenue Bonds ln Amount Not-To-Exceed $80 Million For Parking System
lmprovements.
1.A Resolution Authorizing The lssuance By The Miami Beach Redevelopment
Agency Of Not To Exceed $430,000,000 ln Aggregate Principal Of Tax
lncrement Revenue Bonds (City Center/Historic Convention Village), ln
Accordance With The Requirements Of Chapter 163, Part lll, Florida Statutes, As
Amended; Authorizing Officers And Employees Of The City To Take All
Necessary Actions ln Connection Therewith; And Providing For An Effective
Date. 2:00 p.m. Second Readinq Public Hearinq / Joint Gitv Commission &
Redevelopment Agencv
(Finance)
(First Reading on September 30,2015 - R7E1)
A Resotution Authorizing The lssuance Of Not To Exceed $240,000,000 ln
Aggregate Principal Amount Of City Of Miami Beach, Florida Resort Tax
Revenue Bonds, Series 2015 For The Purpose Of Financing lmprovements To
The Miami Beach Convention Center; Providing For The lssuance Of Additional
Bonds On A Parity Therewith; Providing For The Security And Payment Of All
Bonds lssued Pursuant To This Resolution; Providing Certain Details Of The
Series 2015 Bonds; Delegating Certain Matters ln Connection With The lssuance
Of The Series 2015 Bonds To The City Manager, lncluding Whether The Series
2015 Bonds Shall Not Be Secured By The Debt Service Reserve Account And
Whether To Secure A Credit Facility And/Or A Reserve Account lnsurance
Policy, Within The Limitations And Restrictions Stated Herein; Appointing
Underurrriters, Paying Agent, Registrar And Disclosure Dissemination Agent;
Authorizing The Negotiated Sale Of The Series 2015 Bonds And Approving The
Form And Authorizing Execution Of The Bond Purchase Agreement For The
Series 2015 Bonds; Approving The Form Of Preliminary Official Statement For
The Series 2015 Bonds And Authorizing Execution Of The Final Official
Statement For The Series 2015 Bonds; Covenanting To Provide Continuing
Disclosure ln Connection With The Series 2015 Bonds And Approving The Form
And Authorizing Execution Of A Continuing Disclosure Agreement; Authorizing
Officers And Employees Of The City To Take All Necessary Actions ln
Connection With The lssuance Of The Series 2015 Bonds; And Providing ForAn
Effective Date.2:01 p.m. Second Readinq Public Hearinq
(Finance)
(First Reading on September 30,2015 - R7E2)
Agenda ltem
Date
2.
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3.A Resolution Authorizing The lssuance Of Not To Exceed $80,000,000 ln
Aggregate Principal Amount Of City Of Miami Beach, Florida Parking Revenue
Bonds, Series 2015, For The Principal Purpose Of Paying The Cost Of Certain
lmprovements To The Parking System, Pursuant To Section 209 Of Resolution
No. 2010-27491 Adopted By The City On September 20,2010; Providing That
Said Series 2015 Bonds And lnterest Thereon Shall Be Payable Solely As
Provided ln Said Resolution No. 2010-27491 And This Resolution; Providing
Certain Details Of The Series 2015 Bonds; Delegating Other Details And Matters
ln Connection With The lssuance Of The Series 2015 Bonds, lncluding Whether
The Series 2015 Bonds Shall Not Be Secured By The Reserve Account And
Whether To Secure A Credit Facility And/Or A Reserve Account lnsurance
Policy, To The City Manager, Within The Limitations And Restrictions Stated
Herein; Appointing Underurriters, A Bond Registrar And A Disclosure
Dissemination Agent; Authorizing The Negotiated Sale Of The Series 2015
Bonds And Approving The Form Of And Authorizing The Execution Of A Bond
Purchase Agreement; Authorizing And Directing The Bond Registrar To
Authenticate And Deliver The Series 2015 Bonds; Approving The Form Of And
Distribution Of A Preliminary Official Statement And An Official Statement And
Authorizing The Execution Of The Official Statement; Providing For The
Application Of The Proceeds Of The Series 2015 Bonds And Creating Certain
Funds, Accounts And Subaccounts; Authorizing A Book-Entry Registration
System With Respect To The Series 2015 Bonds; Covenanting To Provide
Continuing Disclosure ln Connection With The Series 2015 Bonds And
Approving The Form Of And Authorizing The Execution And Delivery Of A
Continuing Disclosure Agreement; Authorizing Officers And Employees Of The
City To Take All Necessary Related Actions; And Providing For An Effective
Date. 2:02 p.m. Second Readinq Public Hearinq
(Finance)
(First Reading on September 30,2015 - R7E3)
(ltem to be Submifted in Supplemental)
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