SUPPLEMENTAL AGENDA
FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT
MOTION TO ADOPT Resolution of the Board of County Commissioners of
Broward County, Florida authorizing issuance of Broward County, Florida
Tourist Development Tax Revenue Bonds, Series 2021 (Convention Center
Expansion Project), in the aggregate principal amount of not to exceed
$575,000,000, for the principal purposes of prepaying the Broward County,
Florida Bond Anticipation Note, Series 2020A (Convention Center
Expansion Project), and paying the costs of design, development,
construction and equipping of the Convention Center Expansion;
determining the form and certain details of the Series 2021 Bonds;
delegating to the County Administrator the determination of certain matters
and details concerning said Bonds, including whether the Series 2021
Bonds shall be secured by the reserve account; authorizing the negotiated
sale of the Series 2021 Bonds and the execution and delivery of a purchase
contract; authorizing the distribution and use of a Preliminary Official
Statement, and authorizing the execution and delivery of an Official
Statement; approving uncertificated, book-entry only registration of the
Series 2021 Bonds with the Depository Trust Company; delegating to the
County Administrator authority to negotiate and obtain a credit facility to
insure all or a portion of the Series 2021 Bonds and to execute and deliver
any related agreements; delegating to the County Administrator authority to
negotiate and obtain a reserve account credit facility and to execute and
deliver any related agreements; authorizing the execution and delivery of a
Disclosure Dissemination Agent Agreement; providing for the application of
bond proceeds; appointing a registrar and paying agent, a dissemination
agent and, if necessary, an escrow agent; providing for the appointment of a
financial printer for the Preliminary Official Statement and the Official
Statement; authorizing proper officials to do all things deemed necessary in
connection with the issuance, sale and delivery of the Series 2021 Bonds
and the prepayment of the note; providing for the issuance of additional
bonds and refunding bonds; providing for credit facilities, reserve account
credit facilities and hedge agreements with respect to the Bonds as
determined by the County; authorizing all necessary administrative and
budgetary actions related to the Bonds; providing for severability and an
effective date.
5.
Attachments:
COUNTY ADMINISTRATION
A. MOTION TO AUTHORIZE County Administrator to approve and execute
GMP Contract Amendment No. 4 to the Master Development Agreement
(MDA) between Broward County and Matthews Holdings Southwest, Inc.,
6.