ACQUISITION OF THE FUEL FACILITY

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

Miami-Dade County is proceeding with the acquisition of a fuel facility property located on Fisher Island, identified as Parcels 1 and 2, for the continued operation of PortMiami. The acquisition is deemed a public necessity to ensure the ongoing supply of marine fuel for PortMiami's cruise and cargo operations. 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 use. Miami-Dade County will pursue acquisition through negotiation or eminent domain, with authorization to make an incentive offer up to 15 percent over the appraised value. Appraisals range from $25 million to $430 million, and funding will come from Seaport Revenue Bonds. The County Commission amended the property description for condemnation. No public comment is stated in the document.