11To:
From:
Date:
Subject:
Ordinance:
CITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER-OFFICE MEMORANDUM
South Miami
hOd
;qU'
2001
The Honorable Mayor, Vice Mayor and ;~,rs of the City Commission
Hector Mirabile, Ph.D, City Manager h I /.
July II, 2012 Agenda Item: ~
Increasing the Debt Service Line Item.
An Ordinance of the Mayor and City Commission of the City of South
Miami, Florida, relating to budget; authorizing an increase of expense
line item 201.1410.519.7210 Debt Service Fund Interest Expense in
the amount of $175,205 from Debt Service Fund Balance, ordinances
in conflict and an effective date.
Background: In 20 II the City entered into a loan agreement with SunTrust Bank titled
Taxable Revenue Note, Series 20 II. FirstSouthwest Financial the City's financial
advisors provided an amortization schedule where the interest payments were
to be paid once a year in October beginning in 20 I I. The budget for FY 2012
was based on the amortization schedule provided by FirstSouthwest Financial.
SunTrust Bank provided the official amortization schedule indicating the City
shall pay the bank interest on the outstanding principal balance of the note on
each April I and October I, commencing October I, 20 I I. In anticipation of the
official amortization schedule the City performed its due diligence and
established the Debt Service Fund Balance, which is being applied to increase the
line item with the amount of $175,205.
Attachments: Firs~Southwest amortization schedule.
SunTrust Bank amortization schedule.
Taxable revenue note, series 20 II.
Fiscal year 20 I I budget schedule.
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ORDINANCE NO. ______ _
An Ordinance of the Mayor and City Commission of the City of South
Miami, Florida, relating to budget; authorizing an increase of expense
line item 201.1410.519.7210 Debt Service Fund Interest Expense in the
amount of $175,205 from Debt Service Fund Balance.
WHEREAS, in 20 II the City entered into a loan agreement with SunTrust Bank titled Taxable
Revenue Note, Series 20 I I; arid,
WHEREAS, FirstSouthwest Financial the City's financial advisor~, provided an amortization
schedule where the interest payment were to be paid once a year in October beginning in 20 I I. The budget
for FY 2012 was based on the amortization schedule provided by FirstSouthwest Financial; and,
WHEREAS, SunTrust Bank provided the official amortization schedule indicating the City shall pay
the bank interest on the outstanding principal balance of the note on each April I and October I,
commencing October I, 20 I I; and,
WHEREAS, in anticipation of the official amortization schedule the City established the Debt
Service Fund Balance, which is being applied to increase the line item.
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COMMISSION
OF THE CITY OF SOUTH MIAMI, FLORIDA THAT:
Section I. The City Manager is authorized to increase appropriations for expenditure account
20 I. 1410.5 19.721 0, Debt Service Fund Interest Expense, in the amount of $175,205 from Debt Service Fund
Balance, with an estimated balance of $915,846.
Section 2. Severability. If any section, clause, sentence, or phrase of this ordinance is for any
reason held invalid or unconstitutional by a court of competent jurisdiction, this holding shall not affect the
validity of the remaining portions of this ordinance.
Section 3. Effective Date. This ordinance shall take effect immediately upon enactment.
PASSED AND ENACTED this ___ day of _____ -', 2012.
ATTEST:
CITY CLERK
READ AND APPROVED AS TO FORM,
LANGUAGE, LEGALITY AND
EXECUTION THEREOF:
CITY ATTORNEY
APPROVED:
MAYOR
I ST Reading -
2nd Reading -
COMMISSION VOTE:
Mayor Stoddard:
Vice Mayor Liebman:
Commissioner Newman:
Commissioner Harris:
Commissioner Welsh:
FirstSouthwest~
BOND DEBT SERVICE
City of South Miami, Florida
Taxable Revenue Note, Series 2011
SunTrust Bank
** Final Numbers I August 12, 2011 **
Period
Ending Principal Coupon Interest Debt Service
10/01/2011 42,125.42 42,125.42
10/01/2012 365,000 4.550% 344,662.50 709,662.50
10/01/2013 385,000 4.550% 328,055.00 713,055.00
10/01/2014 400,000 4.550% 310,537.50 710,537.50
10/01/2015 410,000 4.550% 292,337.50 702,337.50
10/01/2016 435,000 4.550% 273,682.50 708,682.50
10/01/2017 450,000 4.550% 253,890.00 703,890.00
10/01/2018 480,000 4.550% 233,415.00 713,415.00
10/01/2019 495,000 4.550% 211,575.00 706,575.00
10/01/2020 520,000 4.550% 189,052.50 709,052.50
10/01/2021 540,000 4.550% 165,392.50 705,392.50
10/01/2022 565,000 4.550% 140,822.50 705,822.50
10/01/2023 590,000 4.550% 115,115.00 705,115.00
10/01/2024 620,000 4.550% 88,270.00 708,270.00
10/01/2025 645,000 4.550% 60,060.00 705,060.00
10/01/2026 675,000 4.550% 30,712.50 705,712.50
7,575,000 3,079,705.42 10,654,705.42
Aug 12, 2011 12:09 pm Prepared by FirstSouthwest (jgt) (Finance 6.020 south miami, fl:2011) Page 4
05/03/2012 Page 1
City of South Miami 4.55% ACTUAU360
Compound Period ........ : Exact Days
Nominal Annual Rate .... : 4.550 %
Effective Annual Rate ... : Undefined
Periodic Rate ............. ; .... : 0.0126 %
Daily Rate ....................... : 0.01264 %
CASH FLOW DATA
Event Start Date Amount Number Period End Date
1 Loan 08/17/2011 7,575,000.00 1
2 Payment 10/01/2011 Interest Only 1
3 Payment 04/01/2012 Interest Only 1
4 F>;ayment 10/01/2012 365,000.00 1
;~. Fixed Payment (+ Interest)
5 Payment 04/01/2013 Interest Only 1
6 Payment 10/01/2013 385,000.00 1
Fixed Payment (+ Interest)
7 Payment 04/01/2014 Interest Only 1
8 Payment 10/01/2014 400,000.00 1
Fixed Payment (+ Interest)
9 Payment 04/01/2015 Interest Only 1
10 Payment 10/01/2015 410,000.00 1
Fixed Payment (+ Interest)
11 Payment 04/01/2016 Interest Only 1
12 Payment 10/01/2016 435,000.00 1
Fixed Payment (+ Interest)
13 Payment 04/01/2017 Interest Only 1
14 Payment 10/01/2017 450,000.00 1
Fixed Payment (+ Interest)
15 Payment 04/01/2018 Interest Only 1
16 Payment 10/01/2018 480,000.00 1
Fixed Payment (+ Interest)
17 Payment 04/01/2019 Interest Only 1
18 Payment 10/01/2019 495,000.00 1
Fixed Payment (+ Interest)
19 Payment 04/01/2020 Interest Only 1
20 Payment 10/01/2020 520,000.00 1
Fixed Payment (+ Interest)
21 Payment 04/01/2021 Interest Only 1
22 Payment 10/01/2021 540,000.00 1
Fixed Payment (+ Interest)
23 Payment 04/01/2022 Interest Only 1
24 Payment 10/01/2022 565,000.00 1
Fixed Payment (+ Interest)
25 Payment 04/01/2023 Interest Only 1
26 Payment 10/01/2023 590,000.00 1
Fixed Payment (+ Interest)
27 Payment 04/01/2024 Interest Only 1
05/03/2012 Page 2
City of South Miami 4.55% ACTUAU360
CASH FLOW DATA
Event Start Date Amount Number Period End Date
28 Payment 10/01/2024 620,000.00 1
Fixed Payment (+ Interest)
29 Payment 04/01/2025 Interest Only 1
30 Payment 10/01/2025 645,000.00 1
Fixed Payment (+ Interest)
31 Payment 04/01/2026 Interest Only 1
32 Payment 10/01/2026 . 675,000.00 1
Fixed Payment (+ Interest)
AMORTIZATION SCHEDULE -US Rule, 360 Day Year
Date Payment Interest Principal Balance
Loan 08/17/2011 7,575,000.00
1 10/01/2011 43,082.81 43,082.81 0.00 7,575,000.00
2011 Totals 43,082.81 43,082.81 0.00
2 04/01/2012 175,203.44 175,203.44 0.00 7,575,000.00
3 10101/2012 540,203.44 175,203.44 365,000.00 7,210,000.00
2012 Totals 715,406.88 350,406.88 365,000.00
4 04/01/2013 165,850.03 165,850.03 0.00 7.210,000.00
5 10/01/2013 551.761.29 166.761.29 385,000.00 6.825,000.00
2013 Totals 717,611.32 332,611.32 385,000.00
6 04/01/2014 156,993.96 156,993.96 0.00 6,825,000.00
7 10101/2014 557,856.56 157.856.56 400.000.00 6,425.000.00
2014 Totals 714,850.52 314,850.52 400,000.00
8 04/01/2015 147,792.85 147,792.85 0.00 6.425,000.00
9 10101/2015 558,604.90 148,604.90 410,000.00 6,015,000.00
2015 Totals 706,397.75 296,397.75 410.000.00 .
10 04/01/2016 139,121.94 139,121.94 0.00 6,015,000.00
11 10/01/2016 574,121.94 139,121.94 435,000.00 5,580,000.00
2016 Totals 713.243.88 278,243.88 435,000.00
12 04/01/2017 128,355.50 128,355.50 0.00 5,580,000.00
13 10101/2017 579,060.75 129,060.75 450,000.00 5,130,000.00
2017 Totals 707,416.25 257,416.25 450.000.00
14 04/01/2018 118.004.25 118,004.25 0.00 5,130,000.00
15 10101/2018 598,652.63 118,652.63 480.000.00 4,650,000.00
2018 Totals 716,656.88 236,656.88 480,000.00
05/03/2012 Page 3
City of South Miami 4.55% ACTUAU360
Date Payment Interest Principal Balance
16 04/01/2019 106,962.92 106,962.92 0.00 4,650,000.00
17 10/01/2019 602,550.63 107,550.63 495,000.00 4,155,000.00
2019 Totals 709,513.55 214,513.55 495,000.00
18 04/01/2020 96,101.69 96,101.69 0.00 4,155,000.00
19 10/01/2020 616,101.69 96,101.69 520,000.00 3,635,000.00
2020 Totals 712,203.38 192,203.38 520,000.00
20 04/01/2021 83,615.10 83,615.10 0.00 3,635,000.00
21 10/01/2021 624,074.52 84,074.52 540,000.00 . 3,095,000.00
2021 Totals 707,689.62 167,689.62 540,000.00
22 04/01/2022 71,193.60 71,193.60 0.00 3,095,000.00
23 10/01/2022 636,584.77 71,584.77 565,000.00 2,530,000.00
2022 Totals 707,778.37 142,778.37 565,000.00
24 04/01/2023 58,197.03 58,197.03 0.00 2,530,000.00
25 10101/2023 648,516.79 58,516.79 590,000.00 1,940,000.00
2023 Totals ·706,713.82 116,713.82 590,000.00
26 04/01/2024 44,870.58 44,870.58 0.00 1,940,000.00
27 10101/2024 664,870.58 44,870.58 620,000.00 1,320,000.00
2024 Totals 709,741.16 89,741.16 620,000.00
28 04/01/2025 30,363.67 30,363.67 0.00 1,320,000.00
29 10/01/2025 675,530.50 30,530.50 645,000.00 675,000.00
2025 Totals 705,894.17 60,894.17 645,000.00
30 04/01/2026 15,526.88 15,526.88 0.00 675,000.00
31 10/01/2026 690,612.19 15,612.19 675,000.00 0.00
2026 Totals 706,139.07 31,139.07 675,000.00
Grand Totals 10,700,339.43 3,125,339.43 7,575,000.00
\
TAXABLE REVENUE NOTE, SERIES 2011
CITY OF SOUTH MIAMI, FLORIDA (the "Issuer"), a municipal corporation of the
State of Florida created and existing pursuant to the Constitution and the laws of the State of
Florida, for value received, promises to pay, but solely from the sources hereinafter provided, to
the order of SunTrust Bank or registered assigns (together with any other registered owner of this
Note~ hereinafter, the "Bank"), the principal sum of Seven Million Five Hundred Seventy-Five
Thousand and No/IOO Dollars ($7,575,000) or such lesser amount as shall be outstanding
hereunder, together with interest on the principal balance. outstanding at the Interest Rate
(defined below) (subject to adjustment as hereinafter provided), calculated based upon actual
days elapsed in a year of 360· days consisting Of twelve 30:-day months, such amounts to be
payable as provided herein. This Note is issued pursuant to a Ordinance No. 22-11-2095 of the
Issuer enacted on August 9, 2011 (the "Ordinance") and in conjunction with a Loan Agreement,
dated as of August 17,2011, between the Issuer and the Bank (the "Loan Agreement") and is
subject to all the terms and conditions of the Loan Agreement. All terms used herein in
capitalized form and.not otherwise defined herein shall have the meanings ascribed thereto, 'or
referenced, in the Loan Agreement. In addition, the following terms shall have the meanings set
forth below: '
"Change in Law" means the occurrence, after the date of this Note, of any of the
following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change
in law, rule, regulation or treaty or in the administration, interpretation, implementation or
application thereof by any Governmental Authority, or (c) the making or issuance of any request,
rule, guideline or directive (whether or· not having the force of law) by any Governmental
Authority; provided that IiotWithstanding anything herein to the contrary, (i) the Dodd-Frank
Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directive,
thereunder or" issued in connection therewith and (ii) all requests, rules, guidelines or directives
promulgated by the Bank for mt~wational. Settlements, the Basel Committee on Banking
Supervision (oJ.: any successor or sitrlilar authorio/) or, pursuant to the accord coinmonly referred
to as "Basel III, II by the United States or foreign regulatory authorities, shall in. each case be
deemed to be a "Change in Law,'i regardless of the date enacted, adopted or issued. '
IIGovetnmental Authority'" shall mean the government of the, United States of America,
any other nation or any political subdivision thereof, whether $tate or local, and any agency,
authority, instrumentality, regulatory body, court, central bank or other entity exercising
executive; legislative, judicial, taxing, regulatory or administrative powers or functions of or
pertaining to government.
IIInterest Rate ll means a per annum rate equal to 4.55%, and subject to adjustment in
accordance with the tenns set forth herein.
Principal' of and interest on this Taxable Revenue Note, Series 2011 (the "Note") are
payable in immediately available funds constituting lawful money of the Vnited States of
America at the Principal Office or such other place as the Bank may designate in writing to the
Issuer.
The Issuer shall pay the Bank interest on the outstanding principal balance of this Note in
arrears, on each April 1 and October I, commencing October I, 2011. The principal amount of
this Note shall be payable in annual installments in the amounts and on the dates set forth on
Schedule A hereto, commencing on October 1, 2012, and with the final principal installment
payable October 1, 2026. If any date for the payment of principal or interest is not a Business
Day, such payment shall be due on the next succeeding Business Day. '
All payments by the Issuer pursuant to this, Note shall apply first to accrued interest, then
to other charges due the Bank, and the balance thereof shall apply to the principal sum due;
provided, however, in an Event of Default, payment shall be applied in accordance with Section
6.02 of the Loan Agreement.
If, after the date of this Note, the Bank shall have reasonably deterrn.lned that a Change in
Law shall have occurred that has or would have the effect of reducing the rate of return on the
Bank's capital, on this Note or otherwise, as a consequence of its ownership of this Note to a
level below that which the Bank could have achieved but for such adoption, change or
compliance (taking into consideration the Bank's policies with respect to capital adequacy) by an
amount deemed by the Bank to be material, then from time to time, promptly upon demand by'
the Bank, the Issuer shall, and hereby agrees to, pay the Bank such additional amount or amounts
as will compensate the Bank for such 'reduction, provided that at such time the Bank shall
generally be assessing such amounts on a non-discriminatory basis ag~inst borrowers having
" loans similar to the loan hereunder. A certificate of the Bank claiming compensation under this
paragraph and setting forth the additional amount or ,amounts to be paid to it hereunder shall be
conclusive absent manifest error. In detennining any such amount, the Bank may use any
reasonable averaging and attribution method,s. The Bank shaJI notify the Issuer in writing of any
adjustments pursuant to this paragraph. Payments' of principal or interest hereunder not paid
within ten (10) days of the due date shall be subject to a late payment charge of two percent (2%)
of the amount of the late payment and any amount not paid within thirty (30) days of when due
shall bear interest at a rate equal to the Interest Rate otherwise due hereunder plus foUr percent
(4%) per annum until paid, but in no event shall the rate ofinterest payable hereunder exceed the,
maximum lawful rate. Notwithstanding any provisiop. of this paragraph or any other provision
hereof to the contrary, in no event shall,the Interest Rate on this'Note exceed'the maximuni rate
pennitted by applicable law.
In addition to the payments of principal described on Schedule A hereto, the principal
amount of this Note may be prepaid in whole or in part on any principal payment date at the
option of the Issuer upon at least three (3) Business Days' prior written notice by the Issuer to the
Bank specifying the amount of the prepayment, such prepayment to be in an amount equal to the '
principal amount to be prepaid plus accrued interest thereon to the date of prepayment and, in the
event that the Issuer, pursuant to this paragraph, optionally prepays in any calendar year an
aggregate of more than fifteen percent (15%) of the principal amount of this Note outstanding on
January 1 of such calendar year, the Issuer, at the time of such prepayment, shall pay to the Bank
,a redemption premium equal to the present value of the difference between (1) the amount that
would have been realized by the Bank on the prepaid amount for the remaining term of the loan
at the Federal Reserve H.l5 Statistical Release rate for fixed-rate payers in interest rate swaps for
a tenn corresponding to the term of this Note, interpolated to the nearest month, if necessary, that
was in effect three Business Days prior to the origination date of this Note and (2) the amount
2
that would be realized by the Bank by reinvesting such prepaid funds for the remaining terin of
the loan at the Federal Reserve H.15 Statistical Release rate for fixed-rate payers in interest rate
swaps, interpolated to the nearest month, that was in effect three Business Days prior to the loan
repayment date; both discounted at the same interest rate utilized in determining the applicable
month in clause (2) above. Should the present value have no value or a negative value, the Issuer
may repay with no additional fee. Should the Federal Reserve no longer release rates for fixed-
rate payers in interest rate swaps, the Bank may substitute the Federal Reserve H.15 Statistical
Release with another similar index. The Bank shall provide the Issuer with a written statement
explaining the calculation of the premium due, which statement shall, in absence of manifest
error, be conclusive and binding. All optional prepayments pursuant to this paragraph shall be
applied against the payment of principal set forth on Schedule A in inverse order of the due dates
of the payments shown thereon. " ,
The Issuer to the extent pennitted by law hereby waives presentment, demand, protest
and notice of dishonor. '
This Note is payable solely from the Pledged Funds to the extent provided in the Loan
Agreement and subject to the pledge of the Pledged Funds as more specifically provided in the
Ordinance and the Loan Agreement. Notwithstanding any other provision of this Note, the
, , Issuer is not and shall not be liable for the payment of the principal of and interest on this Note or
otherwise monetarily liable in connection herewith from any property other than as provided in
, the Loan Agreement and the Ordmance. ' '
NGTWITHSTANDING ANYTHING HEREIN .oR IN THE LOAN AGREEMENT OR
THE ORDINANCE TO THE CONTRARY, THIS NOTE AND THE INTEREST HEREON
DOES NGT AND SHALL NOT CONSTITUTE A GENERAL INDEBTEDNESS OF THE
ISSUER BUT SHALL BE PAYABLE SOLELY FROM THE MONEYS AND SOURCES
DESIGNATED THEREFOR PURSUANT TO THE LOAN AGREEMENT AND THE'
ORDINANCE. NEITHER THE 'FAITH AND CREDIT NOR ANY AD VALOREM TAXING
POWER .oF THE .ISSUER IS PLEDGED TO THE PAYMENT OF THE PRINCIPAL OF OR
INTEREST ON THIS NOTE OR .oTHER COSTS INCIDENTAL HERETO.
"
, All tenns, conditions and provisions of the Loan Agreement are by this reference thereto
incorporated herein as a part of this Note.
This Note may be exchanged or transferred but only as provided in the Loan Agreement., ,
It is hereby certified, recited and declared that all acts, conditions and prerequisites
required to exist, happen' and be performed precedent to and in the execution, delivery and the
issuance of this Note do exist, have happened and have been performed in due time, form and
manner as required by law, and that the issuance of this Note is in full compliance with and does
not exceed or violate any constitutional or statutory limitation.
[Remainder of page intentionally left blank]
3
IN WITNESS WHEREOF, the Issuer has caused this Note to be executed in its name as
of the date hereinafter set forth. . tL
The date of this Note is August -.fL, 2011.
(SEAL)
ATTEST:
B~,~~~~~~~~~~~~~
Clerk of the City of South Miami, Florida
#10529384 vi
622301-87-
4
CITY OF SOUTH MIAMI, FLORIDA
BY:~
CIty Manager
READ AND APPROVED AS TO FORM
AND LEGALITY:
Payment Date
(October 1)
2012
2013
2014
2015
2016
2017
2018
·2019
2020
2021
2022
2023
2024
2025
2026
TOTAL
SCHEDULE A
Principal Amount
$ 365,000
385,000
400,000
410,000 .
435,000
450,000
480,000
495,000 .
520,000
540,000
565,000
590,000
620,000
645,000
675,000
$7,575,000
2
South Miami
trOd ifif{i
2001
FY 20 I I BUDGET SCHEDULE
CITY OF SOUTH MIAML,,' BUDGET FY 20 I 1-2012 26
THE MIAMI HERALD I MiamiHerald.clm SE SUNDAY, JULY 29, 2012 I 25SE
SOUTH MIAMI
Commission meeting gets contentious
• BUDGET, FROM 35E
Mirabile said that despite
the struggles with the econo-
my, the city was in good fi-
nancial health. This year, the
city is "very close to coming
to break-even" and even have
"some little savings." He said
he had some concerns for
next year. For the first time in
the history of South Miami,
the police department's cost
is greater than the general
fund revenues from property
taxes, he said.
ferred to him, Police Chief
Orlando Martinez de Castro
and Newman, who are all of
Cuban heritage, as the "Cu-
ban Mafia."
"It is illegal in this country
to discriminate on the basis
of race, creed, sexual orien-
tation or national origin,"
Mirabile said in the letter.
Beckman said she was not
discriminating against Mi-
rabile and said that she likes
Cubans. Stoddard disap-
proved of Mirabile's letter
and presented a response. In
his letter addressed to Mira-
bile, he said that his allega-
tions of "hate crime" and
"conspiracy" were extreme
and inaccurate.
"Conspiracy means that
people are agreeing to com-
mit a crime. No one has
committed a crime here,"
Stoddard said. "In a demo-
ing this week.
Welsh said Newman and
Mirabile's accusations lack
weight. He has expressed
publicly and in one of the
flyers he hands out to city
residents that he doesn't
think Mirabile and Martinez
de Castro have the city's
best interest at heart.
Earlier this month, Welsh
called for a special meeting
to propose a charter change
that would allow voters to
change the current form of
government. Under the cur-
rent city manager form of
government, the chief finan-
cial officer and the police
chief report to the city man-
ager. Welsh's proposal
would permanently give the
commission more power
over both offices.
"We are the body that
hears what the people
want,"Welshsaid. "We want
to make sure that the city's
purchasing is being done
properly and is getting a
good price."
The commission as a
whole wasn't convinced.
Liebman said commission-
ers were not equipped to
manager, fire him for cause,
or if not, fire him for no
cause," Mirabile said at a
meeting.
Welsh said he disagreed
with Mirabile, and he is de-
termined to push for "pro-
gressive change." Stoddard
is open to the "experiment."
"If the COIIlIIl.lSS10n had
agreed to do it, then there
would be a proposal that
would be put on the Novem-
ber ballot," Stoddard ex-
plained. "I think there are
merits to the idea, so we are
supporting a charter review
committee."
"micromanage" either office Ir-;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;:;;;;
and that he trusted Mirabile I i
and Martinez de Castro and
that both had proved com-
petent. City attorney Thom-
as Pepe said the change
would violate the police
chief's contract.
While discussing the bud-
get process, Mirabile said that
the current form of govern-
ment was "crystal transpar-
ent" and that changing it
would create instability and
chaos.
"Don't change your char-
ter. If you don't trust the city
-.~'
CITY OF SOUTH MIAMI
COURTESY NOTICE
NOTICE IS HEREBY given that the City Commission of the
City of South Miami, Florida will conduct Public Hearing(s)
at its regular City Commission meeting scheduled for
Tuesday' August 7. 2012. beginning at 7:30 p.m., in the City
Commission Chambers, 6130 Sunset Drive, to consider the
following item(s):
Commissioners also rati-
fied a budget and finance
advisory committee Thes-
day. Mirabile was not at the
meeting, but in a letter to
commissioners, he recom-
mended that they disap-
prove of Commissioner
Walter Harris' appointee to
the committee, composed of
resident volunteers with ex-
pertise in [mance.
cratic process, residents can r _____________________ ~
get together and discuss ide-i
as, even if they are planning.
to propose a change in gov-
ernment. That's allowed,
and it's not a conspiracy."
An Ordinance amending the Future Land Use Map of the South Miami
Comprehensive Plan by changing the future land use map category
from Single Family Residential (Two Story) to Mixed Use Commercial
Residential (Four-Story) for an area identified as 6443 SW 60 AVE. Folio
# 09-4025-010-0050; 6443 SW 59 PL; Folio # 09-4025-010-0320 in
conjunction with the Madison Square development project.
Harris appointed Yvonne
Beclanan. Mayor Philip
Stoddard appointed Gabriel
Edmond. Liebman appoint-
ed Scott Fuhrman. Commis-
sioner Valerie Newman ap-
pointed Bradley Cassel
Their terms end Sept. 30.
Mirabile accused Beck-
man of being biased against
him because of his Cuban
heritage. He cited emails
where she and others re-
Newman was so upset
that she shouted at Stod-
dard, calling him a "liar." She
also said that she was turn-
ing in evidence of alleged
discrimination to the De-
partment of Justice and
posting the emaiJs on a new
blog she planned on launch-
NEIGHBORS CALENDAR
• CALENDAR, FROM 24SE
41st St.. Miami Beach. $17.
786-372-9430. www.yogathat.com.
Zumba GOLD: Zumba by Fabi. Enjoy
a 45 minute fun exercise class with
low impact workouts for ACTIVE
Seniors.
9:30 a.m. Aug. 4. Edward & Arlene
Feller Community Room & Amphi-
theater at Ludovici Park. 17641 Old
Cutler Rd •• Palmetto Bay. $4 per
session. 305-234-6383.
www.palmettobay-fl.gov.
Zumba in Cutler Bay: Come and
enjoy Zumba dancing and exerCising
with others in Cutler Bay ..
7 p.m. July 31. Cutler Ridge Park
and Pool, 10100 SW 200th St., Cutler
Bay. $5. 386-25ZUMBA.
www.zumbawithfabi.com.
car2go: A New Way of Getting
Around Town: Stop by BARU Urbano
Brickell for brunch and learn about
car2go. Miami's newest carsharing
service. Test drive' the cars, receive
free registration and 30 minutes of
free driving time. have the chance to
win additional prizes. and enjoy free
brunch (while supplies last) ..
10 a.m. July 29. Baru Urbano, 1001
S. Miami Ave .. Brickell. Free.
miami.car2go,com.
• TURN TO CALENDAR, 265E
ADDITIONAL VPK
CLASS NOW OPEN
HURRY seats are limited!
PRESCHOOL &
ELEMENTARY
K2·6TH GRADE
A new fully digital curriculum for upper
grades & smart boards in all classrooms.
CALL US TODAY AT 305-238-1833
8900 SW 168TH STREET, PALMETTO BAY. FL 33157
CFACADEHY_ORG
An Ordinance amending the Future Land Use Map of the South Miami
Comprehensive Plan by changing the future land use map category
from Public Institutional (Four Story) to Religious (TWo Story) for
an area identified as' 6781 Sunset Drive (Fellowship Church) Folio:
09-4026-000-0130.
An Ordinance amending the Future Land Use Map of the South Miami
Comprehensive Plan by changing the future land use map category
from Public Institutional (Four Story) to Religious (Two Story) for an
area identified as 6750 Sunset Drive (University Christian Church) Folio:
09-4035-000-0010.
CAn Ordinance relating to budget; authorizing an increase of expens~
line item 201.1410.519.7210 Debt Service Fund Interest Expense in the
amount of $175,205 from Debt Service Fund Balance.
A Resolution authorizing the City Manager to award a five-year contract
to American Appraisal Associates, Inc. for the inventory of the City's'
fixed assets to be in compliance with GASB 34 fixed asset accounting
standards.
A Resolution authorizing the City Manager to award a 3-year contract to
the most responsive and responsible bidder for the City's Management
of Soccer Programs at South Miami Park RFP.
ALL interested parties are invited to attend and will be heard.
For further information, please contact the City Clerk's Office at:
305-663-6340.
Maria M. Menendez. CMC
City Clerk
Pursuant to Fklr!da Statutes 286.0105, the City hereby advises tile public that if a person decides to
appeal any decision made by this Board, Agency ()r Commission with respect to any matter considered
at its meeting or hearing, ha or she will need a retnrd of the proceedings, and tha tforsuchpurpose,
affected person may need to ensure that a verbatim record of the proceedings Is made which record
includes the testimony and evidence upon wh!ch the appeal Is to be based.
MIAMI DAILY BUSINESS REVIEW
Published Daily except Saturday, Sunday and
Legal Holidays
Miami, Miami-Dade County, Florida
STATE OF FLORIDA
COUNTY OF MIAMI-DADE:
Before the undersigned authority personally appeared
MARIA MESA, who on oath says that he or she is the
LEGAL CLERK, Legal Notices of the Miami Daily Business
Review flk/a Miami Review, a daily (except Saturday, Sunday
and Legal Holidays) newspaper, published at Miami in Miami-Dade
County, Florida; that the attached copy of advertisement,
being a Legal Advertisement of Notice in the matter of
CITY OF SOUTH MIAMI
PUBLIC HEARING -AUGUST 7,2012
in the XXXX Court,
was published in said newspaper in the issues of
07/27/2012
Affiant further says that the said Miami Daily Business
Review is a newspaper published at Miami in said Miami-Dade
County, Florida and that the said newspaper has
heretofore been continuously published in said Miami-Dade County,
Florida, each day (except Saturday, Sunday and Legal Holidays)
and has been entered as second class mail matter at the post
office in Miami in said Miami-Dade County, Florida, for a
period of one year next preceding the first publication of the
attached copy of advertisement; and affiant further says that he or
she has neither paid nor promised any person, firm or corporation
any discount, rebate . ·on or refund for the purpose
of securing· vertisement f publication in the said
p r.
27 day of JULY ,A.D. 2012
(SEAL)
MARIA MESA personally known to me