TRANSIT DRAWDOWN ORDINANCE

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

The document is a legislative item for an ordinance authorizing the issuance of up to $350,000,000 in Miami-Dade County, Florida Transit System Sales Surtax Revenue Bonds as drawdown bonds to fund projects in the People's Transportation Plan. The ordinance was introduced on 5/26/2026, adopted on first reading on 6/16/2026, and adopted on final action on 7/21/2026. The applicant is the Office of Management and Budget, with Anthony Rodriguez as Prime Sponsor. The case/file number is 260970. The document does not specify a particular project site, address, parcel, or acreage. The bonds are to be issued in one or more series, with details to be determined in subsequent series resolutions. The primary repayment source is the 0.5 percent discretionary sales surtax. The document does not include any public comment or stakeholder sentiment.