5I - $700m Seaport Revenue Refunding Bonds

RESOLUTION AUTHORIZING ISSUANCE OF NOT TO EXCEED $700,000,000.00 AGGREGATE PRINCIPAL AMOUNT OF MIAMI-DADE COUNTY, FLORIDA SEAPORT REVENUE AND REVENUE REFUNDING BONDS, IN ONE OR MORE SERIES, ON A SENIOR BASIS, PURSUANT TO SECTION 207 OF MASTER ORDINANCE, TO PAY COSTS OF CERTAIN ADDITIONAL IMPROVEMENTS AND CAPITAL EXPENDITURES, AND PURSUANT TO SECTION 208 OF MASTER ORDINANCE, TO REFUND ALL OR A PORTION OF CP NOTES; MAKING CERTAIN FINDINGS TO SUPPORT REFUNDING ALL OR A PORTION OF SUCH OUTSTANDING CP NOTES TO EXTEND THE MATURITY THEREOF AT AN ESTIMATED NET PRESENT VALUE SAVINGS OF 0.00 PERCENT, WITH ESTIMATED COSTS OF ISSUANCE OF BONDS OF $5,580,600.42 AND ESTIMATED FINAL MATURITY OF BONDS OF OCTOBER 1, 2056; APPROVING PLAN OF FINANCING AND ISSUANCE OF BONDS AFTER PUBLIC HEARING AS REQUIRED BY SECTION 147(F) OF INTERNAL REVENUE CODE OF 1986, AS AMENDED; PROVIDING FOR CERTAIN DETAILS OF BONDS AND THEIR SALE BY NEGOTIATION; AUTHORIZING COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE, WITHIN CERTAIN LIMITATIONS AND RESTRICTIONS, TO FINALIZE DETAILS, TERMS AND OTHER PROVISIONS OF BONDS AND THEIR NEGOTIATED SALE AND TO SELECT BOND REGISTRAR, PAYING AGENT, AND OTHER AGENTS, IF NEEDED; APPROVING FORMS AND AUTHORIZING EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS; PROVIDING CERTAIN COVENANTS, CONTINUING DISCLOSURE COMMITMENT AND OTHER REQUIREMENTS; AUTHORIZING COUNTY OFFICIALS TO DO ALL THINGS DEEMED NECESSARY IN CONNECTION WITH ISSUANCE, SALE, EXECUTION AND DELIVERY OF BONDS AND REFUNDING OF CP NOTES TO BE REFUNDED; WAIVING PROVISIONS OF RESOLUTION NO. R-130-06, AS AMENDED; AND PROVIDING SEVERABILITY AND EFFECTIVE DATE(Office of Management and Budget)