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, with a maximum of $200,000,000.00 outstanding at any one time in this mode. The bonds can be converted to fixed or alternate floating rates. Wells Fargo Municipal Capital Strategies, LLC has been selected to purchase the Drawdown Bonds. The issuance is part of the ongoing Building Better Communities Bond Program, which has previously authorized billions for various projects including water/sewer, parks, public infrastructure, public safety, healthcare, housing, and cultural facilities. The decision is pending assignment to the Board of County Commissioners (BCC) with an agenda date of July 21, 2026. No public comment is stated in this document.