GOB DRAWDOWN

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

[case 260977 (File Number); R-594-26 (Resolution Reference)] Miami-Dade County Board of County Commissioners adopted Resolution R-594-26 (Legislative Item File Number 260977) on 7/21/2026, authorizing the issuance of General Obligation Bonds (Building Better Communities) in a principal amount not to exceed $350,000,000.00. The bonds fund approved capital project costs under the Building Better Communities Bond Program, which includes Water and Sewer Projects, Parks and Recreational Facilities Projects, Public Infrastructure and Neighborhood Improvement Projects, Public Safety Facilities Projects, Emergency and Healthcare Facilities Projects, Public Service Outreach Facilities Projects, Housing Projects, and Cultural Library and Multicultural Education Facilities Projects. The bonds will be issued as Drawdown Bonds purchased by Wells Fargo Municipal Capital Strategies, LLC, with no more than $200,000,000 outstanding at one time, and may be converted to Fixed Rate Bonds or Alternate Floating Rate Bonds. The resolution was introduced on 5/27/2026 and adopted on 7/21/2026. No specific project sites, addresses, acreage, or unit counts are stated in the document.