ACQUISITION OF THE FUEL FACILITY

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

Miami-Dade County Board of County Commissioners considered Resolution File Number 261076 to acquire the Fuel Facility Property on Fisher Island, identified as Parcels 1 and 2 in the attached legal description, for the public purpose of continued and future operation of a fuel facility for PortMiami. The resolution declares the acquisition a public necessity, authorizes acquisition by negotiation or eminent domain, and authorizes an incentive offer not to exceed 15 percent over appraised value. The item was introduced on 6/9/2026, amended at the 6/16/2026 Board meeting, and reconsidered at the July 21, 2026 Board meeting. The final adopted version is Legislative File No. 261369. The property is currently owned by HRP Fisher Island, LLC, and operated by TransMontaigne Terminals, LLC under a lease that will cease fuel operations by May 2027. HRP intends to repurpose the property from fuel farm to residential housing. The County Mayor's memorandum states that negotiations concluded on June 5, 2026, with terms deemed unacceptable, and the County intends to proceed with an eminent domain suit. Appraisals range from $25 million to $430 million. Acquisition will be funded by Seaport Revenue Bonds. The staff recommendation is to approve the resolution. No public comment or stakeholder sentiment is stated in the document.