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15,165 records

GOB DRAWDOWN

Miami-Dade County Board of County Commissioners adopted Resolution R-594-26 on July 21, 2026, authorizing the issuance of up to $350,000,000 in General Obligation Bonds (Building Better Communities Program). These bonds will be used to fund approved capital project costs and issuance expenses. The bonds will initially be issued as Drawdown Bonds, with a maximum of $200,000,000 outstanding at any one time, and can be converted to fixed rate or alternate floating rate bonds. Wells Fargo Municipal Capital Strategies, LLC was selected to purchase the Drawdown Bonds. The resolution reaffirms previous authorizations for various project categories including water and sewer, parks, public infrastructure, public safety, healthcare, public service outreach, housing, and cultural/library facilities, with specific aggregate principal limits for each category established in prior resolutions dating back to 2004. The County Mayor is authorized to finalize terms, execute agreements, and manage the issuance and conversion processes.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Adopted
Applicant:
Miami-Dade County Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, purchased by Wells Fargo Municipal Capital Strategies, LLC, and can be converted to fixed or alternate floating rates. The funds are intended for various community projects previously approved through earlier bond authorizations, including water/sewer, parks, public infrastructure, public safety, emergency/healthcare, public service outreach, housing, and cultural/library facilities. The Board of County Commissioners is authorizing the County Mayor to finalize terms, execute agreements, and manage the issuance and conversion processes. The decision is pending further action as it is 'Before the Board'.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Before the Board
Applicant:
Office of Management and Budget

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, with a maximum of $200,000,000.00 outstanding in Drawdown Mode at any time. The bonds can be converted to fixed rate or alternate floating rate bonds. Wells Fargo Municipal Capital Strategies, LLC is selected as the purchaser of the Drawdown Bonds. The issuance is part of the ongoing Building Better Communities Bond Program, which has previously authorized significant funding for various projects including water/sewer, parks, public infrastructure, public safety, emergency/healthcare, public service outreach, housing, and cultural/library facilities. The decision to proceed with a negotiated sale to Wells Fargo is based on recommendations for lower costs and less risk compared to other programs. The County Mayor is authorized to finalize terms, execute agreements, and oversee the issuance and conversion processes.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution authorizing issuance of bonds
Applicant:
Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of General Obligation Bonds (Building Better Communities Program) up to $350,000,000.00. These bonds will be initially issued as Drawdown Bonds and can be converted to Fixed Rate Bonds or Alternate Floating Rate Bonds. The purpose is to fund approved capital project costs for various community projects, including water/sewer, parks, public infrastructure, public safety, emergency/healthcare, public service outreach, housing, and cultural/library facilities. The issuance is part of the ongoing Building Better Communities Bond Program, building upon previous bond issuances and drawdown programs. Wells Fargo Municipal Capital Strategies, LLC is selected as the purchaser for the Drawdown Bonds. The County Mayor or designee is authorized to finalize terms, execute documents, and manage the conversion and remarketing processes. The decision is pending Board of County Commissioners assignment and agenda date is July 21, 2026.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Pending BCC Assignment
Applicant:
Office of Management and Budget

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, with a maximum of $200,000,000.00 outstanding in Drawdown Mode at any one time. The Drawdown Bonds can be converted to Fixed Rate Bonds or Alternate Floating Rate Bonds. Wells Fargo Municipal Capital Strategies, LLC is selected as the purchaser of these Drawdown Bonds. The issuance is part of the ongoing Building Better Communities Bond Program, which has previously authorized significant funding for various projects including water/sewer, parks, public infrastructure, public safety, healthcare, housing, and cultural facilities. The decision to proceed with a negotiated sale to Wells Fargo is based on recommendations for lower costs and less risk compared to other programs. The County Mayor is authorized to finalize terms, execute agreements, and manage the issuance and conversion processes.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution authorizing issuance of bonds
Applicant:
Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, purchased by Wells Fargo Municipal Capital Strategies, LLC, and can be converted to fixed or alternate floating rates. The funds will be used for various community projects previously approved under separate resolutions dating back to 2004, including water/sewer, parks, public infrastructure, public safety, healthcare, housing, and cultural/library facilities. The County Mayor or designee is authorized to finalize terms and execute necessary documents. The decision is pending further action, with an agenda date of July 21, 2026.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Before the Board (pending final action)
Applicant:
Miami-Dade County, Office of Management and Budget

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, with a maximum of $200,000,000.00 outstanding in Drawdown Mode at any one time. The Drawdown Bonds can be converted to Fixed Rate Bonds or, with a supplemental resolution, to Alternate Floating Rate Bonds. Wells Fargo Municipal Capital Strategies, LLC is selected as the purchaser of these Drawdown Bonds. The funds will be used for various community projects previously authorized under separate resolutions for water/sewer, parks, public infrastructure, public safety, emergency/healthcare, public service outreach, housing, and cultural/library facilities. The decision to proceed with a negotiated sale to Wells Fargo is based on recommendations that it results in lower costs and less risk compared to other programs. The County Mayor is authorized to finalize terms, execute agreements, and oversee the issuance and conversion processes.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Pending BCC Assignment (Resolution introduced, not yet finalized)
Applicant:
Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, with a maximum of $200,000,000.00 outstanding at any one time in this mode. The bonds can be converted to fixed or alternate floating rates. Wells Fargo Municipal Capital Strategies, LLC has been selected to purchase the Drawdown Bonds. The issuance is part of the ongoing Building Better Communities Bond Program, which has previously authorized billions for various projects including water/sewer, parks, public infrastructure, public safety, healthcare, housing, and cultural facilities. The decision is pending assignment to the Board of County Commissioners (BCC) with an agenda date of July 21, 2026. No public comment is stated in this document.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Pending BCC Assignment
Applicant:
Office of Management and Budget

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, purchased by Wells Fargo Municipal Capital Strategies, LLC, and can be converted to fixed or alternate floating rates. The funds are intended for various community projects previously approved under prior resolutions dating back to 2004. The County Mayor is authorized to finalize terms and execute necessary documents. The matter is scheduled for a County Commission meeting on July 21, 2026.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Before the Board (for County Commission meeting)
Applicant:
Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, with Wells Fargo Municipal Capital Strategies, LLC as the purchaser. The bonds can be converted to fixed rate or alternate floating rate bonds. The issuance is part of the ongoing Building Better Communities Bond Program, which has previously authorized significant funding for various projects including water/sewer, parks, public infrastructure, public safety, healthcare, housing, and cultural facilities. The decision to proceed with a negotiated sale to Wells Fargo was made based on recommendations for lower costs and less risk compared to other programs. The County Mayor is authorized to finalize terms and execute necessary documents. The agenda item number is 5G.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution authorizing issuance of bonds.
Applicant:
Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of General Obligation Bonds (Building Better Communities Program) up to $350,000,000.00. These bonds will be initially issued as Drawdown Bonds and may be converted to Fixed Rate Bonds or Alternate Floating Rate Bonds. The purpose is to fund approved capital project costs. The bonds will be sold to Wells Fargo Municipal Capital Strategies, LLC. The Board of County Commissioners is authorizing the County Mayor to finalize terms, execute documents, and take necessary actions. The agenda date for this item is July 21, 2026.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Before the Board (Pending BCC Assignment)
Applicant:
Office of Management and Budget (Requester)

GOB DRAWDOWN

Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in General Obligation Bonds (Building Better Communities Program) to fund capital projects. These bonds will initially be issued as Drawdown Bonds, purchased by Wells Fargo Municipal Capital Strategies, LLC, and can be converted to Fixed Rate Bonds or Alternate Floating Rate Bonds. The County Mayor or designee is authorized to finalize terms, execute agreements, and manage the issuance and conversion process. The funds will be used for various community projects previously approved under separate resolutions dating back to 2004, including water/sewer, parks, public infrastructure, public safety, healthcare, housing, and cultural/library facilities. The agenda item is scheduled for the Board of County Commissioners on July 21, 2026.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Before the Board
Applicant:
Miami-Dade County, Office of Management and Budget

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County Board of County Commissioners is ratifying the submission of a grant application and authorizing the execution of a grant agreement for the Venetian Causeway Bridge Replacement Project. The project aims to replace 11 bridges built in 1926 with newer, more resilient infrastructure. The total estimated project construction cost is $201,094,080. The federal grant amount is up to $100,547,040, with a required local match of at least $50,273,520 and a Florida Department of Transportation (FDOT) match of up to $50,273,520. The project will improve safety, resiliency, aesthetics, and bicycle and pedestrian facilities. The bridges exhibit severe deterioration due to age and marine environment exposure, and do not meet current design standards.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying actions and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County is seeking to ratify the submission of a grant application and authorize the execution of a grant agreement for the Venetian Causeway Bridge Replacement Project. The project involves replacing 11 bridges built in 1926 with newer, more resilient infrastructure designed to last 50 years. The total estimated construction cost is $201,094,080, with a federal grant of up to $100,547,040 from the U.S. Department of Transportation's Federal Highway Administration (FHWA) under the Bridge Investment Program. The project aims to improve safety, resiliency, aesthetics, and bicycle and pedestrian facilities. The County will provide a local match of at least $50,273,520, and the Florida Department of Transportation (FDOT) may contribute up to $50,273,520. The grant was awarded on July 17, 2024, and disbursement is pending agreement execution.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying actions and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County is seeking to ratify the submission of a grant application and authorize the execution of a grant agreement for the Venetian Causeway Bridge Replacement Project. The project involves replacing 11 bridges built in 1926 with newer infrastructure designed to last 50 years. The total estimated construction cost is $201,094,080, with a federal grant of up to $100,547,040 from the US Department of Transportation Federal Highway Administration under the Bridge Investment Program. A local match of at least $50,273,520 and a Florida Department of Transportation match of up to $50,273,520 are required. The project aims to increase safety and resiliency, maintain aesthetics, and enhance bicycle and pedestrian facilities. The bridges, located on the Venetian Causeway, are deteriorated due to age and marine environment exposure, and do not meet current design standards.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying grant application submission and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County (Transportation and Public Works)

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County is seeking to ratify the submission of a grant application and authorize the execution of a grant agreement with the U.S. Department of Transportation Federal Highway Administration (FHWA) for the Venetian Causeway Bridge Replacement Project. The project aims to replace 11 bridges built in 1926 with newer, more resilient infrastructure, improving safety, meeting current design codes, and enhancing bicycle and pedestrian facilities. The total estimated project construction cost is $201,094,080, with a federal grant of up to $100,547,040, a local match of at least $50,273,520 (from Toll Revenue and Mobility Impact Fees), and a Florida Department of Transportation (FDOT) match of up to $50,273,520. The grant funds are pending execution of the grant agreement.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying actions and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County (Transportation and Public Works)

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County Commissioners adopted a resolution ratifying the submission of a grant application and authorizing the execution of a grant agreement with the United States Department of Transportation Federal Highway Administration (FHWA) for the Venetian Causeway Bridge Replacement Project. The project aims to replace 11 bridges built in 1926 with newer, more resilient infrastructure. The federal grant amount is up to $100,547,040. The total estimated project construction cost is $201,094,080, with Miami-Dade County providing a local match of at least $50,273,520 and the Florida Department of Transportation (FDOT) providing up to $50,273,520. The project will improve safety, resiliency, aesthetics, and bicycle and pedestrian facilities. Public comment is not stated in the document.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Adopted
Address:
Venetian Causeway
Applicant:
Miami-Dade County

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County is seeking to ratify the submission of a grant application and authorize the execution of a grant agreement for the Venetian Causeway Bridge Replacement Project. The project involves replacing 11 bridges built in 1926 with newer infrastructure. The total estimated construction cost is $201,094,080. The grant application is for up to $100,547,040 from the U.S. Department of Transportation Federal Highway Administration under the Bridge Investment Program, Large Bridge Project category. A local match of at least $50,273,520 is required, with Florida Department of Transportation potentially contributing up to $50,273,520. The project aims to increase safety and resiliency, maintain aesthetics, and enhance bicycle and pedestrian facilities. The bridges exhibit severe deterioration due to age and marine environment exposure, and do not meet current design standards.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying actions and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County (Transportation and Public Works)

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County is seeking to ratify the submission of a grant application and authorize the execution of a grant agreement with the U.S. Department of Transportation Federal Highway Administration (FHWA) for the Venetian Causeway Bridge Replacement Project. The project aims to replace 11 bridges built in 1926 with newer, more resilient infrastructure, improving safety, meeting current design codes, and enhancing bicycle and pedestrian facilities. The total estimated project construction cost is $201,094,080, with a federal grant of up to $100,547,040, a local match of at least $50,273,520 (funded by Toll Revenue and Mobility Impact Fees), and a Florida Department of Transportation (FDOT) match of up to $50,273,520. The grant funds are pending execution of the grant agreement.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying actions and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County (Transportation and Public Works)

GRANT APPLICATION IN AN AMOUNT UP TO $100,547,040.00

Miami-Dade County is seeking to ratify the submission of a grant application and authorize the execution of a grant agreement for the Venetian Causeway Bridge Replacement Project. The project aims to replace 11 bridges, originally built in 1926, with newer, more resilient infrastructure designed to last 50 years. The project will improve safety, meet updated design codes, enhance bicycle and pedestrian facilities, and address deterioration due to age and marine environment. The total estimated construction cost is $201,094,080, with federal funding of up to $100,547,040 from the U.S. Department of Transportation's Federal Highway Administration (FHWA) under the Bridge Investment Program. The County will provide a local match of at least $50,273,520, and the Florida Department of Transportation (FDOT) may contribute up to $50,273,520.

Board:
Board of County Commissioners
Date:
2026-07-21
Type:
Resolution
Decision:
Resolution ratifying actions and authorizing execution of grant agreement
Address:
Venetian Causeway
Applicant:
Miami-Dade County (Transportation and Public Works)

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