62-88 RDARESOLUTION NO. 62-88
A RESOLUTION OF THE CITY OF MIAMI BEACH
REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE
DIRECTOR TO ENTER INTO A CONTRACT WITH HEWlTT, OLSON,
SMOKER, & ASSOCIATES, INC., TO CONDUCT A TAX INCREMENT
EVALUATION.
WHEREAS, the City of Miami Beach Redevelopment Agency wishes to issue Tax
Increment Bonds in an amount of approximately $6 million; and
WHEREAS, the lead underwriter, Chase Manhattan, has requested an evaluation of the
future increment to be available for debt service; and
WHEREAS, the Administration and Chase Manhattan have reviewed proposals from
two (2) firms; and
NOW THEREFORE, BE IT DULY RESOLVED THAT the Executive Director of The
City of Miami Beach Redevelopment Agency is hereby authorized to enter into a
Contract with Hewill, Olson, Smoker, & Associates, Inc. of Fort Lauderdale, Florida~
in accordance with their Proposal dated September 19, 1988, in an amount of $9,½50.
PASSED and ADOPTED this 19th day of October
,1988.
ATTEST:
Secretary
FORM APPROVED
LEG;2E jL,