GOB DRAWDOWN

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

[case 260977 (Resolution R-594-26)] The document is a legislative resolution (File Number 260977, Resolution R-594-26) adopted by the Miami-Dade County Board of County Commissioners on 7/21/2026. It authorizes the issuance of up to $350,000,000 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. The bonds will be issued under a new Drawdown Bond Program with Wells Fargo Municipal Capital Strategies, LLC, with a maximum of $200,000,000 outstanding in drawdown mode at any one time. The resolution authorizes the negotiated sale of the bonds, approves related documents, and authorizes the County Mayor to finalize terms. The document does not list specific project sites, addresses, or construction scopes; it only references the funding mechanism for the Building Better Communities Projects. No public comment or stakeholder sentiment is stated in the document.