Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 11/16/2015 
Agenda Category:

Subject: Approval of a Resolution for City Staff to procure the Utility District bond-underwriter for the issuance of Series 2016 Utility District Revenue Bonds.

Recommendation/Motion: Staff recommends authorizing the District Finance Director to proceed with the issuance of the District's Water and Sewer Revenue Bonds in accordance with the City of Riviera Beach Debt Management Policy.

Originating Dept UTILITY DISTRICT AND FINANCE AND ADMINISTRATIVE SERVICES (CUSTOMER BILLING AND SERVICE)  Costs  
User Dept.UTILITY DISTRICT AND FINANCE AND ADMINISTRATIVE SERVICES (CUSTOMER BILLING AND SERVICE) Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   

Background/Summary: 
At their October 19, 2015 Utility Special District (USD) Board of Directors meeting, the Board discussed and deliberated on the subject of Utility District bond-underwriter for the issuance of Series 2016 Utility District Revenue Bonds.     
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
Preliminary_Resolution_-_Riviera_Beach_Utility_Special_District_Revenue_Bonds_Series_2015.docRESOLUTION11/6/2015Resolution
CAPITAL_IMPROVEMENT_PROJECTS_FOR_AGENDA_ITEM_NOV_2015.pdfCAPITAL IMPROVEMENT PROJECTS FY2016-202011/3/2015Backup Material
REVIEWERS:
DepartmentReviewerActionDate
UtilityRejected11/6/2015 - 1:49 PM
UtilityGuarascio, MaryannApproved11/6/2015 - 2:15 PM
UtilityApproved11/6/2015 - 2:21 PM
Financesherman, randyApproved11/9/2015 - 7:39 AM
AttorneyApproved11/9/2015 - 10:20 AM
City ClerkRobinson, ClaudeneApproved11/9/2015 - 11:52 AM
City ManagerJones, RuthApproved11/9/2015 - 1:19 PM