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<br />Summary Minutes: Regular City Commission Meeting March 18, 20 I 0 <br /> <br />City of Sunny Isles Beach, Florida <br /> <br />Public Speakers: none <br /> <br />Commissioner Brezin moved and Commissioner Scholl seconded a motion to approve the <br />proposed ordinance on first reading. The motion was approved by a roll call vote of5-0 <br />in favor. Second reading, public hearing will be held on Thursday, April 15, 2010, at <br />6:30 p.m. <br />Vote: <br /> <br />Commissioner Brezin <br />Commissioner Goodman <br />Commissioner Scholl <br />Vice Mayor Thaler <br />Mayor Edelcup <br /> <br />yes <br />yes <br />yes <br />yes <br />yes <br /> <br />8. PUBLIC HEARINGS (Other than Ordinances for Second Reading) <br /> <br />None <br /> <br />9. ORDINANCES FOR SECOND READING (Public Hearings) <br /> <br />9A. An Ordinance of the City Commission of the City of Sunny Isles Beach, Florida, <br />Authorizing the Issuance of Not Exceeding $15,000,000 of Capital Improvement <br />Revenue Bonds of the City of Sunny Isles Beach, Florida; Providing for a Supplemental <br />Resolution and a Loan Agreement Setting Forth the Details of Said Bonds; Providing for <br />Severability; Providing for Repealer; Providing for an Effective Date. <br />(First Reading 03/03/1 0) <br /> <br />Action: [City Clerk's Note: This item was heard with related Item lOA.] City Clerk Hines <br />read the title, and City Manager Conner reported noting that we will close on this before the <br />end of the month. <br /> <br />Public Speakers: none <br /> <br />Commissioner Goodman moved and Vice Mayor Thaler seconded a motion to adopt the <br />ordinance. Ordinance No. 2010-343 was adopted by a roll call vote of 5-0 in favor. <br />V ote: Commissioner Brezin yes <br />Commissioner Goodman yes <br />Commissioner Scholl ~ <br />Vice Mayor Thaler yes <br />Mayor Edelcup yes <br /> <br />10. RESOLUTIONS <br /> <br />lOA. A Resolution of the City Commission of the City of Sunny Isles Beach, Florida, Authorizing <br />the Issuance of$15,000,000 Capital Improvement Revenue Bonds of the City of Sunny <br />Isles Beach, Florida for the Purpose of Financing a Portion ofthe Costs of Development <br />of City Property for City Parks; Accepting the Commitment of SunTrust Bank (The <br />"Bank") to Provide the Financing; Approving and Authorizing the Execution and Delivery of <br />a Loan Agreement with the Bank; A warding the Sale of the Bonds to the Bank; Providing for <br />Severability; Providing for Repealer; Providing an Effective Date. <br />4 <br />