ENVIRONMENTAL REMEDIATION AND UTILITY SERVICE FEE

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

The document is a legislative item for an ordinance relating to environmental remediation and utility service fee. It establishes a loan program for environmental remediation that meets existing requirements of Section 24-34 of the Code of Miami-Dade County, Florida, without changing said requirements. The ordinance creates requirements, parameters, and procedures for the loan program. The ordinance was adopted on first reading on 7/21/2026 and set for a public hearing before the Infrastructure Innovations and Technology Committee on 9/10/2026. The loan program is for properties that are 10 acres in size or greater. Eligible applicants include any County department or agency, any tenant on a County-owned property satisfying the requirements, any fee-simple owner of Former County Properties, and any tenant on a Former County Property. Former County Properties are properties no longer owned by the County but previously owned by the County in fee-simple as of January 1, 2025. Loans to non-County entities are to be repaid from the sixth year of the date of the loan closing in annual installments of one percent of the principal loan amount, with the balance due not more than 35 years from the date of the loan closing, subject to zero percent interest, and secured by a second priority lien and a mortgage on Former County Properties. Loans to County departments are to be repaid within not more than 35 years from the date of the loan, not subject to any interest assessment, and set forth in an interdepartmental memorandum. The County Mayor or Mayor's designee shall confirm the amount of money in the Utility Service Fee Fund as of September 30, 2026. At least 20 percent of the Fund Balance shall remain in the Utility Service Fee Fund and be unavailable for the Loan Fund. Beginning in fiscal year 2026-2027, all legally available, unencumbered utility service fee monies collected and retained by the County in each fiscal year shall be available for the Loan Fund, provided that at least 20 percent of the Annual Collection must remain in the Utility Service Fee Fund and be unavailable for the Loan Fund. The ordinance shall become effective ten days after the date of enactment unless vetoed by the Mayor. No public comment or stakeholder sentiment is stated in the document.