§ 2-284. Effect upon Port Authority trust agreement.  


Latest version.
  • Any functions imposed on the Chairman and the Director of the Miami-Dade County Port Authority by the trust agreement dated as of October 1, 1954, as amended, by and between said authority and the Chase Manhattan Bank (now The Chase Manhattan Bank (National Association)), as trustee and the First National Bank of Miami, as co-trustee, securing bonds of the County of Miami-Dade issued thereunder and by any and all resolutions securing bonds of the County of Miami-Dade issued by the Board of Commissioners of Miami-Dade County, acting as Miami-Dade County Port Authority, shall be performed by the Mayor and the County Manager, or his designee, respectively, of said County. Nothing contained in this article shall impair in any way the covenants and agreements made by the Board of County Commissioners of Miami-Dade County, acting as Miami-Dade County Port Authority, in said trust agreement and said resolutions with the holders of the bonds of the County of Miami-Dade issued thereunder and the terms of such covenants and agreements shall prevail over any conflicting provisions of this article.

(Ord. No. 73-8, § 1, 2-6-73)