TRUE NORTH CLASSICAL ACADEMY

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

Miami-Dade County is considering the issuance of revenue bonds not to exceed $40,000,000.00 for the benefit of True North Classical Academy, Inc. The purpose is to fund capital projects, including the acquisition, construction, expansion, remodeling, renovation, improvement, furnishing, and/or equipping of educational facilities known as True North Classical Academy at Gateway. The bonds are being issued by the Arizona Industrial Development Authority and will be part of a larger issuance for multiple charter schools. A public hearing was held, and the Board of County Commissioners is expected to approve the bond issuance to comply with Section 147(f) of the Internal Revenue Code. The bonds will be payable solely from revenues provided by the Borrower and do not represent a debt of Miami-Dade County.