ACQUISITION OF THE FUEL FACILITY

Board of County Commissioners · 2026-06-16 · resolution

Miami-Dade County Board of County Commissioners approved the acquisition of a fuel facility property located on Fisher Island, identified as Parcels 1 and 2, for PortMiami's continued and future operation. The acquisition is deemed a public necessity. The county is authorized to acquire the property through negotiation or eminent domain, with an incentive offer up to 15 percent over appraised value. The current operator, TransMontaigne Terminals, LLC, will cease operations by May 2027, and the owner, HRP Fisher Island, LLC, intends to redevelop the property for residential housing. The acquisition is funded by Seaport Revenue Bonds. The Board of County Commissioners amended the property description to be condemned and provided additional information regarding the exercise of eminent domain authority. The property is essential infrastructure for PortMiami, which has a significant economic impact on Florida.