TRANSIT DRAWDOWN RESOLUTION

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

[case 261079 (R-621-26)] Miami-Dade County adopted Resolution R-621-26 (File Number 261079) authorizing the issuance of Transit System Sales Surtax Revenue Bonds in a principal amount not to exceed $350,000,000.00 for transportation and transit projects under the People's Transportation Plan. The bonds will be issued through a Drawdown Bond Program with Wells Fargo Municipal Capital Strategies, LLC as the lender/bond purchaser, with no more than $200,000,000.00 outstanding in drawdown mode at any one time. The resolution was introduced on 6/10/2026 and adopted on 7/21/2026. The specific projects are described in Appendix A to the resolution, which is not included in the provided text. The resolution also waives provisions of Resolution No. R-130-06, as amended, and cross-references file no. 260970.