#R8128
Temp. Reso. #R8128 authorizing the issuance of not exceeding $51,000,000 in aggregate principal amount of City of Miramar, Florida Special Obligation Refunding Revenue Bonds, Series 2024, to refund all or a portion of the City's outstanding Capital Improvement Refunding Revenue Bonds, Series 2015 in order to achieve debt service savings; covenanting to budget and appropriate certain legally available non-ad valorem revenues of the City to pay debt service on the bonds; providing for the rights of the holders of the bonds; making certain other covenants and agreements in connection with the bonds; authorizing a negotiated sale of said bonds; delegating certain authority to the City Manager for the authorization, execution and delivery of a purchase contract with respect thereto and the approval of the terms and details of said bonds; appointing the paying agent and registrar for said bonds; authorizing the distribution and deeming "final" for purposes of applicable securities laws and regulations of a preliminary official statement, and the execution and delivery of a final official statement with respect to such bonds; authorizing the execution and delivery of a disclosure dissemination agent agreement with Digital Assurance Certification, L.L.C.; authorizing the execution and delivery of an Escrow Deposit Agreement and appointing the Escrow Agent thereunder. (Financial Services Treasurer Ian EvansSmith)
- Committee
- CITY COMMISSION REGULAR MEETING
- Requested by
- Finance
- Introduced
- April 17, 2024
- On agenda
- September 4, 2024