TRANSIT DRAWDOWN ORDINANCE

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

Miami-Dade County Legislative Item File Number 260970, an Ordinance titled 'TRANSIT DRAWDOWN ORDINANCE', was Adopted on 7/21/2026. The ordinance authorizes the issuance of not to exceed $350,000,000.00 in Miami-Dade County, Florida Transit System Sales Surtax Revenue Bonds as drawdown bonds for paying costs of certain transportation and transit 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 requester is the Office of Management and Budget, and the prime sponsor is Anthony Rodriguez. The ordinance authorizes the undertaking of transit and public works capital improvement projects in the People's Transportation Plan as described in Exhibit A. The bonds are payable solely from a 0.5 percent discretionary sales surtax. No specific project addresses, parcel numbers, acreage, or unit counts are stated in the document.