ACQUISITION OF THE FUEL FACILITY

Board of County Commissioners · 2026-06-16 · resolution

The document is a legislative item for the acquisition of a fuel facility property on Fisher Island, identified as Parcels 1 and 2, for PortMiami. The resolution declares the acquisition a public necessity, authorizes negotiation or eminent domain, and allows an incentive offer up to 15 percent over appraised value. The item was introduced on 6/9/2026, amended at the 6/16/2026 Board meeting, and reconsidered on 7/21/2026. The applicant is the Port of Miami, with the County Mayor as the requester. The case file number is 261076. The decision status is 'Reconsidered' with amendments. The property is currently owned by HRP Fisher Island, LLC, and operated by TransMontaigne Terminals, LLC, with fuel operations ceasing by May 2027. HRP intends to repurpose the property from fuel farm to residential housing. Appraisals range from $25 million to $430 million. The acquisition will be funded by Seaport Revenue Bonds. The document does not state a specific street address, acreage, or square footage. The zoning change is from historical fuel farm usage to residential housing, as stated in the document. Public comment sentiment is not stated in the document.