GOB DRAWDOWN

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

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, purchased by Wells Fargo Municipal Capital Strategies, LLC, and can be converted to fixed or alternate floating rates. The issuance is part of a larger program authorized by previous ordinances and resolutions dating back to 2004 and 2005. The County Mayor is authorized to finalize terms, execute agreements, and select agents for the bond issuance and conversion process. The agenda date for this item is July 21, 2026.