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1313 1 RESOLUTION NO .. ___ _ 2 3 A Resolution authorizing the City finance department to accept checks issued 4 by hospitals. who use the services of the South Miami Health Facilities 5 Authority (SMHF A), account for the funds in a pass thru line item account, 6 issue checks to pay the SMHF A expenses and directing the City Manager to 7 authorize and issue checks for SMHF A expenses. 8 9 WHEREAS, the City Commission created the South Miami Health Facilities Authority 10 (SMHF A) but did not provide for the SMHF A to pay its own expenses or to accept 11 reimbursement or payment for such expenses; and 12 13 WHEREAS, the SMHF A issued bonds and/or loans to certain hospitals, including 14 Baptist Hospital ("SMHF A Hospitals"); and 15 16 WHEREAS, the SMHF A has had the need of a general counsel and a bond counsel in 17 the course of its business; and 18 19 WHEREAS, the SMHF A hired the Law Firm of Squire Sanders and Dempsey, LLP (the 20 name has changed to Squire Sanders (US), LLP) on behalf of the SMHF A to serve as Bond 21 Counsel for the SMHF A; and 22 23 WHEREAS, Mr. Reiter has submitted an invoice in the amount of $8,994.73 for 24 services rendered for the period of December 2011 to February 2012, to SMHFA; and 25 26 WHEREAS, the SMHFA's general counsel and the City Attorney has examined the 27 invoice and recommends payment; and 28 29 WHEREAS, an SMHF A Hospital has paid to the City the amount of the invoice 30 submitted to SMHFA for its bond counsel's legal services and the check was deposited into a 31 City bank account, no. 001-0000-219-9400 titled "Baptist -Bonds IRS Audit"; and 32 33 34 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY 35 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: 36 37 Section 1. The City' finance department is hereby authorized and instructed to 38 create a separate South Miami Health Facilities Authority ("SMHFA") account, to accept 39 checks paid by Hospitals who are issued loans and/or bonds through the SMHF A 40 ("SMHF A Hospitals") for expenses incurred by the SMHF A, account for the funds in a 41 pass thru line item account and to issue checks made payable to the individuals or entities 42 whose good and/or services have been provided to or on behalf of the SMHF A, as 43 approved by the SMHF A general counsel, and which have been pre-paid by SMHF A 44 Hospitals, and directing the City Manager to authorize and issue checks for SMHF A 45 expenses that have been paid to the SMHF A account by SMHF A Hospitals without the 46 need to come before the City Commission for further authority. 47 48 Section 2. The City'S Finance Department's receipt of payment from a SMHFA Hospital 49 and the depositing of such money into the City's account no. 001-0000-219-9400 titled "Baptist - 1 Bonds IRS Audit" for the payments of the SMHF A bond counsel's legal services are hereby 2 ratified. The City Manager is hereby directed to pay Squire Sanders (US) LLP the sum of 3 $8,994.73 for its legal services as SMHFA Bond Counsel and to charging account no.00l-0000- 4 219-9400, Baptist-Bonds IRS Audit, with a current balance of $ 8,994.73, for such expense. 5 6 Section 2. This Resolution shall take effect upon adoption. 7 Passed and adopted this __ day of ____ 2012. 8 ATTEST: APPROVED: 9 10 11 12 CITY CLERK MAYOR 13 14 COMMISSION VOTE: 15 Mayor Stoddard: 16 Vice Mayor Liebman: 17 READ AND APPROVED AS TO FORM Commissioner Newman: 18 LANGUAGE, LEGALITY AND Commissioner Harris: 19 EXECUTION THEREOF: Commissioner Welsh: 20 21 22 CITY ATTORNEY Page 2 of2