TRUE NORTH CLASSICAL ACADEMY

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

Miami-Dade County Commission adopted a resolution approving the issuance of revenue bonds not to exceed $40,000,000.00 by the Arizona Industrial Development Authority for the benefit of True North Classical Academy, Inc. The bond proceeds will fund a plan of finance that includes capital projects for the charter school educational facilities known as True North Classical Academy at Gateway. This approval is for purposes of Section 147(f) of the Internal Revenue Code of 1986, as amended, which requires such approval for the exclusion of interest from gross income for federal income tax purposes. The bonds are payable solely from revenues provided by the Borrower and do not constitute a debt of Miami-Dade County or the State of Florida.