CAA BONDS SERIES 2026

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Commission adopted a resolution authorizing the issuance of Capital Asset Acquisition Special Obligation Bonds, Series 2026A. The bonds will have an aggregate principal amount not to exceed $480,000,000.00. These funds are intended to finance certain capital assets and/or projects. The estimated costs of issuance are $4,005,360.00, with an estimated final maturity of April 1, 2056. The bonds will be payable solely from legally available non-ad valorem revenues that the County covenants to budget and appropriate annually. The resolution authorizes the public sale of bonds by competitive bids and empowers the County Mayor or their designee to finalize terms, accept bids, and select agents. It also includes provisions for certain covenants, a continuing disclosure commitment, and other requirements.