Municipal Security Disclosure
MUNICIPAL SECURITY DISCLOSURE FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019 For the City of Miami Beach, Florida and The Miami Beach Redevelopment Agency (A Component Unit of the City of Miami Beach, Florida) MUNICIPAL SECURITY DISCLOSURE City of Miami Beach, Florida For the Fiscal Year Ended September 30, 2019 Prepared by: The City of Miami Beach Finance Department 1700 Convention Center Drive, Miami Beach, Florida • 33139 Tel: (305) 673 – 7466 • Fax: (305) 673 – 7795 Last updated July 13, 2020 City of Miami Beach, Florida Report of Annual Financial Information For Fiscal Year Ended September 30, 2019 This Report of Annual Financial Information is being filed with the Electronic Municipal Market Access (EMMA), a service of the Municipal Securities Rulemaking Board (MSRB). The following is a list of all outstanding bonds and other obligations for the City of Miami Beach at September 30, 2019, in accordance with provisions regarding continuing disclosure set forth in: Outstanding Bonds Original Description Resolution Resolution Commitment Amount Number Date Date $22,500,000 Gulf Breeze Fixed Rate Loan, Series 1985E No. 2001-24500 June 26, 2001 August 1, 2001 (used to repay a portion of the outstanding principal from the Sunshine State Loan and renovation and improvement of two City owned golf courses and their related facilities), (“2001 Gulf Breeze Loan”) $62,465,000 General Obligation Bonds, Series 2003 (used No. 2003-25240 June 11, 2003 July 22, 2003 to improve neighborhood infrastructure in the City, consisting of streetscape and traffic calming measures, shoreline stabilization, Fire Safety Projects and Beaches Projects) (Note: The outstanding balance on the above City of Miami Beach, General Obligation Bonds, Series 2003 were fully refunded by the Series 2019 bonds at September 30, 2019.) $13,590,000 Water and Sewer Revenue Refunding Bonds, No.
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