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98-22629 RESO RESOLUTION NO. 98-22629 A RESOLUTION OF THE MA VOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING AUTHORITY FOR SIGNING VOUCHERS ON FUNDS IN THE ACCOUNT WITH SPECTACOR MANAGEMENT GROUP (SMG) AT BARNETT BANK OF SOUTH FLORIDA, N.A., ENTITLED, "CITY OF MIAMI BEACH/SMG CO-PROMOTION FUND ACCOUNT," AND RESCINDING RESOLUTION NO. 97-22477 WHEREAS, the City maintains an account with Barnett Bank for co-promotion expenditures jointly approved by the City and Spectacor Management Group (SMG); and WHEREAS, the Mayor and City Commission wish to designate new signatories, due the changes in City Administration, who may execute vouchers in order to draw upon funds for the benefit of the City and SMG which requires that Resolution No. 97-22477 be rescinded. NOW THEREFORE, BE IT RESOLVED by the Mayor and City Commission of the City of Miami Beach, Florida: Section 1: That on and after the 12th day of January, 1998, all withdrawals of funds from the City of Miami Beach/SMG Co-Promotion Fund Account described as follows: BARNETT BANK OF SOUTH FLORIDA. N.A. Account designated: "City of Miami Beach/SMG Co-Promotion Fund Account" shall be upon official vouchers duly prepared and bearing the various designations as given above, each bearing two signatures; one from the City and one from SMG as follows: CITY OF MIAMI BEACH By Sergio Rodriguez, as City Manager, or in his absence or inability to act for any reason By '--?:n-tJUtuL'tLP. ~~tL- (7 Mayra Diaf3uttacavoli, Assistant City Manager SMG By L4rrL- Doug Tober, General Manager, or in his absence or inability to act for any reason By M'~~(' QW William C. 0 rfelt, Director of Finance Section 2. That Resolution No. 97-22477, adopted on the 16th day of July, 1997, be and the same, is hereby rescinded and that all other resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed. PASSED and ADOPTED this 7th day of January ,1998. ;JI1 Mayor ATTEST: j<G kr PAA~ City Clerk APPROVED AS TO FORM & lANGUAGE & FOR EXECUTION 1'f:;JIif- ~ CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http:\\ci.miami-beach.f1.us COMMISSION MEMORANDUM NO. \'2.:- 9<6 TO: Mayor Neisen O. Kasdin and Members of the City Commission DATE: January 7,1998 FROM: Sergio Rodriguez City Manager SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING AUTHORITY FOR SIGNING VOUCHERS ON FUNDS IN THE ACCOUNT WITH SPECT ACOR MANAGEMENT GROUP (SMG) AT BARNETT BANK OF SOUTH FLORIDA, N.A., ENTITLED "CITY OF MIAMI BEACH/SMG CO- PROMOTION FUND ACCOUNT" AND RESCINDING RESOLUTION NO. 97-22477 ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission approve the authorization for the signing of vouchers drawn on funds in the City of Miami Beach/SMG Co-promotion Fund Account. BACKGROUND: The attached resolution is being updated due to change in authorized signers. This account is for co-promotion expenditures jointly approved by the City and SMG. ANAL YSIS: Proposed changes incorporated in this resolution are necessary to properly reflect current authorized signatures. CONCLUSION: This resolution should be approved to provide continuity for signing of vouchers on this account. ~ SR:PDW:BC:db AGENDA ITEM ~IC \-l-9g DATE