TRANSIT DRAWDOWN ORDINANCE

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

Miami-Dade County adopted Ordinance File Number 260970, the Transit Drawdown Ordinance, authorizing 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 5/26/2026, adopted on first reading on 6/16/2026, and adopted on final action on 7/21/2026. The bonds are payable solely from the 0.5 percent discretionary sales surtax. No specific project addresses, parcel numbers, acreage, or unit counts are stated in the document. No public comment or stakeholder sentiment is stated in the document.