HomeMy Public PortalAbout15-8991 To Implement and Execute Ordinance Numbers 15-06 and 15-07 Sponsored by: Commissioner Kelley
RESOLUTION NO. 15-8991
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF OPA LOCKA, FLORIDA, DIRECTING THE CITY
MANAGER TO IMPLEMENT AND EXECUTE ORDINANCE
NUMBERS 15-06 AND 15-7 IN ACCORDANCE WITH CERTAIN
POLICIES AND PROCEDURES THAT GOVERN THE USAGE
OF TOWN CENTER ONE; PROVIDING FOR
INCORPORATION OF RECITALS; PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, The City of Opa-locka is enacting legislation authorizing the City
Manager to procure funds for the purchase of Town Center One; and
WHEREAS, The City Commission desires to insure that the funds are used in a
manner that preserves the tax exempt status of the Series 2015A Notes; and
WHEREAS, the City Commission desires to insure that the Town Center is used
in a manner consistent with Florida law and that adequate protections be put in place
regarding any interaction or agreements with private entities in connection with the
usage of Town Center One; and
WHEREAS, The City Commission desires that all transactions regarding the
leasing and/or management of Town Center One be executed in a manner that is
transparent and in a manner that protects the tax payers.
NOW THEREFORE BE IT RESOLVED THAT THE CITY COMMISSION OF
THE CITY OF OPA LOCKA,FLORIDA:
Section 1. The recitals to the preamble herein are incorporated by reference;
Section 2. The City Manager is directed as follows:
Resolution No. 15-8991
1. To insure that the portion of Town Center One purchased with tax exempt
2015A notes (approximately 38% of the square footage) be used as a City
Administration Building throughout the term of the 2015A note;
2. The portion of the Town Center Building used for City Administration be
managed by the City or pursuant to a qualified management arrangement
reviewed by bond counsel;
3. That the portion of the Town Center building being used for City
Administration facilities may not be leased to any private third parties, unless
a limited exception is approved by bond counsel and then approved by the
City Commission;
4. Any portion of Town Center One not being used for City Administration and
being used by third parties, must be leased at fair market value, with limited
exceptions that must be approved by the City Attorney and ratified by the City
Commission;
5. Any leases of portions of Town Center One to third parties must contain a
provision permitting the City to terminate the lease with notice if the City
requires usage of the space for City
Section 3. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 13th day of May, 2015.
I f
I .i.✓
yra L. aylor
Mayor
Attest to: Approved as to form and legal sufficiency:
Joa a Flores Vincent T. Brown
City Clerk BROWN LAW GROUP, LLC
City Attorney
Resolution No. 15-8991
Moved by: COMMISSIONER SANTIAGO
Seconded by: VICE MAYOR HOLMES
Commissioner Vote: 5-0
Commissioner Kelley: YES
Commissioner Pinder: YES
Commissioner Santiago: YES
Vice Mayor Holmes: YES
Mayor Taylor: YES