ACQUISITION OF THE FUEL FACILITY

Board of County Commissioners · 2026-06-16 · resolution

Miami-Dade County is proceeding with the acquisition of a fuel facility property located on Fisher Island, identified as Parcels 1 and 2, for the continued and future operation of a fuel facility for PortMiami and ancillary port purposes. The acquisition is deemed a public necessity. The County Mayor or designee and County Attorney are authorized to acquire the property through negotiation or eminent domain. An incentive offer of up to 15 percent over the appraised value is also authorized. The current operator, TransMontaigne Terminals, LLC, will cease operations by May 2027, and the owner, HRP Fisher Island, LLC, intends to redevelop the property for residential housing. The County has received appraisals ranging from $25 million to $430 million. Funding will come from Seaport Revenue Bonds. The Board of County Commissioners amended the property description to be condemned.