2026 PUBLIC FACILITIES BONDS (PHT)

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

[case 261219 (File Number); R-595-26 (Reference)] Miami-Dade County Legislative Item File Number 261219 is a Resolution (R-595-26) adopted on 7/21/2026, authorizing the issuance of not to exceed $275,000,000.00 in Public Facilities Revenue Bonds (Jackson Health System), Series 2026. The bonds will finance costs of certain projects for Jackson Health System (the 2026 Project), fund a debt service reserve fund if necessary, and pay costs of issuance. The bonds will be sold via public sale by competitive bid. The resolution waives provisions of Resolution No. R-130-06, as amended. The document does not list specific project addresses, acreage, or unit counts. A public hearing was held and published in The Miami Herald, and a reasonable opportunity to be heard was afforded to all persons present. The document does not state any specific public comments or stakeholder sentiment. The document is a legislative resolution authorizing the issuance of Miami-Dade County, Florida Public Facilities Revenue Bonds, Series 2026 in an amount not-to-exceed $275,000,000 on behalf of the Public Health Trust. The bonds will fund all or a portion of certain projects for the Public Health Trust, including a new electronic health records system for the Jackson Health System. The proposed issuance is the second series of new money bonds authorized pursuant to Ordinance No. 25-9. The bonds are expected to be sold competitively in August and close in September of 2026. The estimated cost of issuance is $2.3 million. The scope of the transaction is countywide. The principal and interest on the bonds are payable solely from and secured by the Pledged Revenues of the Trust. The document includes a recommendation to adopt the resolution, a delegation of authority to the Mayor, and a waiver of Resolution No. R-130-06. No specific street address, parcel, acreage, or number of units is stated for a construction project. The document does not describe a physical development project with a specific location or size. It is a financial authorization for a bond issuance. No public comment or stakeholder sentiment is stated in the document.