5B - Authorize $600m in Aviation Commercial Paper Notes

ORDINANCE AUTHORIZING ISSUANCE FROM TIME TO TIME OF MIAMI-DADE COUNTY, FLORIDA AVIATION COMMERCIAL PAPER NOTES IN AN AGGREGATE PRINCIPAL AMOUNT NOT EXCEEDING $600,000,000.00 OUTSTANDING AT ANY ONE TIME FOR PURPOSE OF PAYING OR REIMBURSING AVIATION DEPARTMENT, TOGETHER WITH OTHER AVAILABLE FUNDS AND REVENUE, FOR COST OF CERTAIN IMPROVEMENTS TO COUNTY'S AIRPORT FACILITIES PURSUANT TO PROVISIONS OF AMENDED AND RESTATED TRUST AGREEMENT, INCLUDING SECTION 212A THEREOF; PROVIDING FOR ESTABLISHMENT BY SUBSEQUENT RESOLUTION OF TERMS, MATURITIES, INTEREST RATES AND OTHER DETAILS OF SUCH NOTES; PROVIDING FOR SUCH NOTES TO BE PAYABLE FROM THE PROCEEDS OF AVIATION REVENUE BONDS AUTHORIZED AND UNISSUED; AUTHORIZING AND DIRECTING THE OFFICERS, AGENTS AND EMPLOYEES OF THE COUNTY AND OF THE TRUSTEE AND CO-TRUSTEE TO TAKE ALL ACTIONS REQUIRED BY SUCH NOTES, THE TRUST AGREEMENT, AND THE PROVISIONS OF THIS ORDINANCE AND SUBSEQUENT RESOLUTION FOR THE FULL, PUNCTUAL AND COMPLETE PERFORMANCE OF ALL THE TERMS, COVENANTS, PROVISIONS, AND AGREEMENTS THEREUNDER; PROVIDING SEVERABILITY, EXCLUSION FROM THE CODE AND EFFECTIVE DATE(Office of Management and Budget)