SEAPORT REVENUE AND REVENUE REFUNDING BONDS

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

Miami-Dade County is authorizing the issuance of up to $700,000,000 in Seaport Revenue and Revenue Refunding Bonds. These bonds will fund additional improvements and capital expenditures at the seaport, as well as refund existing CP Notes. The estimated costs of issuance are $5,580,600.42, with a final maturity date of October 1, 2056. The sale will be conducted through a negotiated sale. A public hearing was held on July 21, 2026, as required by the Internal Revenue Code. The County Mayor or designee is authorized to finalize the bond details, including interest rates, maturity dates, and the selection of agents. The bonds are special obligations of the County, payable solely from Net Revenues of the Seaport Department. The County will comply with continuing disclosure requirements.