TRANSIT DRAWDOWN ORDINANCE

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

Miami-Dade County adopted Ordinance File Number 260970 on July 21, 2026, authorizing the issuance of up to $350,000,000 in Transit System Sales Surtax Revenue Bonds as drawdown bonds to fund projects in the People's Transportation Plan and the Department of Transportation and Public Works Multi-Year Capital Plan. The ordinance was introduced on May 26, 2026, adopted on first reading on June 16, 2026, and finally adopted on July 21, 2026. The bonds are payable solely from a 0.5 percent discretionary sales surtax. No specific project addresses, acreage, or parcel numbers are stated in the document. The ordinance authorizes the undertaking of transit and public works capital improvement projects described in Exhibit A, which is referenced but not included in the text. The document does not state any public comment or stakeholder sentiment.