ENVIRONMENTAL REMEDIATION AND UTILITY SERVICE FEE

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

The document is a legislative item for an ordinance relating to environmental remediation and utility service fee. It establishes a loan program for environmental remediation that meets existing requirements of Section 24-34 of the Code of Miami-Dade County, Florida, without changing said requirements. The ordinance creates requirements, parameters, and procedures for the loan program. The loan program is for properties that are 10 acres in size or greater, and eligible properties are those currently owned by the County in fee-simple (including long-term leases) or properties that were County-owned prior to January 1, 2025. The program is funded by utility service fee monies, with at least 20 percent of the fund balance and annual collection remaining unavailable for the loan fund. Loans to non-County entities are repaid from the sixth year in annual installments of one percent of principal, with balance due within 35 years, at zero percent interest, secured by a second priority lien and mortgage. Loans to County departments are repaid within 35 years, with no interest. The ordinance was introduced on 6/2/2026, adopted on first reading on 7/21/2026, and set for a public hearing before the Infrastructure, Innovation & Technology Committee on 9/10/2026. The prime sponsor is Raquel A. Regalado. The case file number is 261035. No specific address, parcel, acreage, or dollar amount is stated in the document. No public comment or stakeholder sentiment is stated in the document.