Res. No. 167-07-12552RESOLUTION NO.: 167- 07-12552
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
SOUTH MIAMI, FLORIDA, APPROVING ALLOCATION OF $250,000 RECEIVED FROM
BAPTIST HEALTH SOUTH FLORIDA; PROVIDING FOR AN EFFECTIVE DATE;
WHEREAS, the City of South Miami Health Facilities Authority (the "Authority ") created
pursuant to the Health Facilities Authorities Law, Part III of Chapter 154 of the Florida Statutes,
authorized the issuance and sale of it's city of South Miami Health Facilities Authority Hospital revenue
Bonds.
WHEREAS, as consideration for issuing the Series 2007 bonds the Authority received a payment
of $250,000.
WHEREAS, the Mayor and City Commission wishes to utilize the $250,000 received from
Baptist Health South Florida; and
WHEREAS, the City Commission proposes that the $250,000 be allocated to and utilized to fund
the following projects:
3. Underground fueling storage facility $100,000
4. Sunset Drive Improvements $150,000
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION
OF THE CITY OF SOUTH MIAMI, FLORIDA THAT:
Section 1: That the Mayor and City Commission approve allocation of the $250,000 received
from Baptist Health South Florida for the following projects:
3. Underground fueling storage facility $100,000
4. Sunset Drive Improvements $150,000
Section 2: This resolution shall be effective immediately.
PASSED AND ADOPTED this tl*"� day of 2007.
ATTEST:
(::�1
CLI-- C� 4A�
CITY CLERK
READ AND APPROVED AS TO FORM:
V iR. igueredo,
n Gallop & Figuer do, P.A.
Office of City Attorney
APPROVED:
MAYOR '3
COMMISSION VWTE: 5 - 0
Mayor Feliu:
Yea
Vice Mayor Wiscombe:
Yea
Commissioner Palmer:
Yea
Commissioner Birts:
Yea
Commissioner Beckman:
Yea