GOB DRAWDOWN

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

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.