TRANSIT DRAWDOWN ORDINANCE

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

The document is a legislative item for an ordinance authorizing the issuance of not to exceed $350,000,000.00 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 file number is 260970. The applicant/requester is the Office of Management and Budget. The sponsor is Anthony Rodriguez. The decision was adopted. The document does not specify a particular project site, address, parcel, acreage, or zoning change. The bonds are to be issued pursuant to subsequent series resolutions. The document states that the primary source for repayment is the 0.5 percent discretionary sales surtax. No public comment or stakeholder sentiment is stated in the document.