TRUE NORTH CLASSICAL ACADEMY

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

Miami-Dade County Commissioners are considering a resolution to approve the issuance of revenue bonds not to exceed $40,000,000.00 for the benefit of True North Classical Academy, Inc. The bonds will fund a plan of finance that includes capital projects for the charter school educational facilities known as True North Classical Academy at Gateway. The project involves financing and refinancing the acquisition, construction, expansion, remodeling, renovation, improvement, furnishing, and/or equipping of these facilities. The Arizona Industrial Development Authority is issuing the bonds, and the proceeds will be loaned to True North Classical Academy, Inc. through Equitable Facilities Fund, Inc. or an affiliate. This approval is required for federal income tax purposes under Section 147(f) of the Internal Revenue Code. A public hearing was held on this matter.