ACQUISITION OF THE FUEL FACILITY

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

Miami-Dade County Commission is proceeding with the acquisition of a fuel facility property on Fisher Island, identified as Parcels 1 and 2, for the continued operation of a fuel facility for PortMiami. The property is currently owned by HRP Fisher Island, LLC and operated by TransMontaigne Terminals, LLC, with operations set to cease by May 2027 as HRP intends to redevelop the property for residential housing. The County aims to acquire the property through negotiation or eminent domain, with an authorized incentive offer up to 15 percent over appraised value. Appraisals range from $25 million to $430 million. The acquisition is funded by Seaport Revenue Bonds. The Board of County Commissioners considered this matter on June 16, 2026, and July 21, 2026. The County Mayor's office has explored alternative fueling options, including on-port facilities, but found them not viable. The acquisition is deemed a public necessity to ensure continuous fuel supply for PortMiami's cruise and cargo operations.