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 will fund approved capital project costs under the Building Better Communities Bond Program, which includes water and sewer, parks and recreational facilities, public infrastructure and neighborhood improvements, public safety facilities, emergency and healthcare facilities, public service outreach facilities, housing, and cultural library and multicultural education facilities. The bonds will be issued in one or more series, initially as Drawdown Bonds with a maximum of $200,000,000 outstanding at one time, and may be converted to Fixed Rate Bonds or, with Board adoption of a supplemental resolution, to Alternate Floating Rate Bonds. The negotiated sale is to Wells Fargo Municipal Capital Strategies, LLC. 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.