GOB DRAWDOWN

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

[case 260977 (R-594-26)] This document is a legislative resolution (File Number 260977, Resolution R-594-26) adopted by the Miami-Dade County Board of County Commissioners on 7/21/2026. It authorizes the issuance of up to $350,000,000 in General Obligation Bonds (Building Better Communities Program) to fund approved capital projects. The bonds will be sold via negotiated sale to Wells Fargo Municipal Capital Strategies, LLC, with a maximum of $200,000,000 outstanding in drawdown mode at any one time. The resolution authorizes the County Mayor to finalize terms, including conversion to fixed or alternate floating rates. It references prior bond authorizations for water/sewer, parks, public infrastructure, public safety, emergency/healthcare, public service outreach, housing, and cultural/library facilities, but does not list specific projects, addresses, or parcels. No public comment or stakeholder sentiment is stated in the document.