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TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County adopted Ordinance 260970 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, with no ad valorem taxation pledged. The ordinance authorizes the undertaking of transit and public works capital improvement projects described in Exhibit A, but the specific projects are not listed in the document text. The bonds will be issued only pursuant to subsequent series resolutions. Sponsor: Anthony Rodriguez. Requester: Office of Management and Budget. No public comment or stakeholder sentiment is stated in the document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Miami-Dade County, Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County Legislative Item File Number 260970 is an ordinance authorizing the issuance of not to exceed $350,000,000.00 in 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 sponsor is Anthony Rodriguez. The ordinance authorizes a drawdown bond program and the undertaking of transit and transportation projects in the People's Transportation Plan. The bonds are payable solely from the 0.5 percent discretionary sales surtax. No specific project locations, sizes, or zoning changes are stated in the document. No public comment or stakeholder sentiment is stated in the document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Office of Management and Budget (requester); Anthony Rodriguez (prime sponsor)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund projects within the People's Transportation Plan (PTP) Multi-Year Capital Plan (MYCP). The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The bonds are special, limited obligations payable from pledged revenues, specifically the one-half of one percent (0.5 percent) discretionary sales surtax. No public comment is stated in the document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading (Board of County Commissioners)
- Applicant:
- Office of Management and Budget (Requester), Miami-Dade County (Issuer)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County Legislative Item File Number 260970 is an ordinance authorizing the issuance of not to exceed $350,000,000.00 in 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 applicant is the Office of Management and Budget, with Anthony Rodriguez as Prime Sponsor. The document does not list specific project addresses, acreage, or parcel numbers; it references Exhibit A for project details, which is not included in the text. Public comment sentiment is not stated in the document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County legislative item 260970 is an ordinance 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. 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 document does not list specific project addresses, sizes, or zoning changes. Public comment sentiment is not stated.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Office of Management and Budget (requester); Anthony Rodriguez (prime sponsor); Daniella Levine Cava (Mayor)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds, structured as drawdown bonds under a drawdown program. These bonds will fund certain transportation and transit projects within the People's Transportation Plan (PTP) as detailed in Exhibit A of the ordinance. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The funding mechanism is the one-half of one percent (0.5%) discretionary sales surtax. The drawdown bond program is intended to provide a more efficient funding solution for the Multi-Year Capital Plan (MYCP) by allowing the County to borrow funds as needed, reducing costs and optimizing resource use. Specific project details, terms, maturities, and interest rates for each bond series will be determined in subsequent resolutions.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading (pending public hearing and final action)
- Applicant:
- Office of Management and Budget (Requester)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds, structured as drawdown bonds, to fund various transportation and transit projects within the People's Transportation Plan. The bonds will be issued under a drawdown bond program for more efficient project funding. The Board of County Commissioners adopted the ordinance on first reading on June 16, 2026, with a public hearing scheduled for July 21, 2026. The funds are intended to cover costs of projects detailed in Exhibit A of the ordinance, which are part of the Department of Transportation and Public Works' Multi-Year Capital Plan. Repayment of the bonds will be secured by the one-half of one percent (0.5 percent) discretionary sales surtax.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading (pending public hearing)
- Applicant:
- Office of Management and Budget (Requester)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds, to be issued as drawdown bonds under a drawdown program. These bonds will fund certain transportation and transit projects within the People's Transportation Plan (PTP) as detailed in Exhibit A of the ordinance. The drawdown program is intended to provide a more efficient funding mechanism for the Multi-Year Capital Plan (MYCP), allowing the County to borrow funds as needed to meet immediate capital requirements, thereby reducing costs and optimizing resource use. The bonds are special, limited obligations of the County, payable solely from and secured by a pledge of Pledged Revenues derived from the one-half of one percent (0.5 percent) discretionary sales surtax. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The ordinance is sponsored by Anthony Rodriguez.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds, to be issued as drawdown bonds under a drawdown bond program. These bonds will fund certain transportation and transit projects within the People's Transportation Plan (PTP) as detailed in Exhibit A of the ordinance. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The bonds are special, limited obligations of the County, payable solely from pledged revenues derived from the one-half of one percent (0.5 percent) discretionary sales surtax. The drawdown program is intended to provide a more efficient funding solution for the Multi-Year Capital Plan (MYCP) by allowing the County to borrow funds as needed, reducing costs and optimizing resource use. No public comment is stated in this document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading (pending public hearing)
- Applicant:
- Office of Management and Budget (Requester)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County Board of County Commissioners adopted an ordinance authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund certain transportation and transit projects within the People's Transportation Plan, as detailed in Exhibit A of the ordinance. The proceeds will finance projects in the Miami-Dade Department of Transportation and Public Works' Multi-Year Capital Plan. The bonds are special and limited obligations of the County, payable solely from pledged revenues derived from the one-half of one percent discretionary sales surtax. Details, terms, and specific projects will be determined in subsequent resolutions.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds, to be issued as drawdown bonds under a drawdown bond program. These bonds will fund certain transportation and transit projects within the People's Transportation Plan (PTP) as detailed in Exhibit A of the ordinance. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The funding mechanism is the one-half of one percent (0.5 percent) discretionary sales surtax. The drawdown program is intended to provide a more efficient funding solution for the Multi-Year Capital Plan (MYCP) by allowing the County to borrow funds as needed, reducing costs and optimizing resource use. Specific project details, terms, maturities, and interest rates for each bond series will be determined in subsequent resolutions.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
The document is a legislative item for an ordinance authorizing the issuance of up to $350,000,000 in Miami-Dade County Transit System Sales Surtax Revenue Bonds as drawdown bonds to fund projects in the People's Transportation Plan. The ordinance was adopted on July 21, 2026. No specific project site, address, parcel, or acreage is stated. The document does not list specific projects but references Exhibit A for the People's Transportation Plan projects. No public comment or stakeholder sentiment is stated.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund various transportation and transit projects identified in the People's Transportation Plan (PTP) and the Department of Transportation and Public Works' (DTPW) Multi-Year Capital Plan (MYCP). The proceeds will be used to pay for the costs of these projects. The specific terms, details, and maturities of the bonds will be determined in subsequent resolutions. The funding source for repayment is the one half of one percent (0.5 percent) discretionary sales surtax. The ordinance was adopted on first reading on June 16, 2026, and a public hearing is scheduled for July 21, 2026.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading
- Applicant:
- Office of Management and Budget (Requester), Miami-Dade County (Issuer)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund certain transportation and transit projects within the People's Transportation Plan, as detailed in Exhibit A. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The bonds are special, limited obligations payable solely from pledged revenues derived from the transit system sales surtax. No other county funds or ad valorem taxes are pledged for repayment. The ordinance aims to provide a more efficient funding solution for the Multi-Year Capital Plan by allowing the County to borrow funds as needed, reducing costs and optimizing resource use. Public comment is not stated in this document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading; scheduled for public hearing
- Applicant:
- Office of Management and Budget (Requester)
TRANSIT DRAWDOWN 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.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County Board of County Commissioners is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown bond program to fund certain transportation and transit projects within the People's Transportation Plan (PTP) as detailed in Exhibit A. The ordinance was adopted on first reading on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The bonds are special, limited obligations payable solely from pledged revenues, specifically the one-half of one percent (0.5 percent) discretionary sales surtax. This initiative aims to provide a more efficient funding solution for the Multi-Year Capital Plan (MYCP) by allowing the County to borrow funds as needed, reducing costs and optimizing resource use. No public comment is stated in this document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund certain transportation and transit projects within the People's Transportation Plan (PTP) and the Multi-Year Capital Plan (MYCP). The specific projects to be financed will be detailed in subsequent resolutions. The bonds are special, limited obligations of the County, payable solely from the Transit System Sales Surtax. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The Office of Management and Budget is the requester.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading; scheduled for public hearing
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund certain transportation and transit projects within the People's Transportation Plan, as detailed in Exhibit A. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The funding source for repayment is the 0.5 percent discretionary sales surtax. No public comment is stated in this document.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading
- Applicant:
- Office of Management and Budget
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County Legislative Item File Number 260970, Ordinance 26-52, 'TRANSIT DRAWDOWN ORDINANCE', adopted on 7/21/2026. Authorizes issuance of not to exceed $350,000,000.00 Miami-Dade County, Florida Transit System Sales Surtax Revenue Bonds as drawdown bonds to fund transit and public works capital improvement projects in the People's Transportation Plan. No specific project site, address, parcel, or acreage is stated. No public comment or stakeholder sentiment is stated. The document is a financing ordinance, not a development project approval.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted
- Applicant:
- Office of Management and Budget (requester); Anthony Rodriguez (prime sponsor); Daniella Levine Cava (Mayor)
TRANSIT DRAWDOWN ORDINANCE
Miami-Dade County is authorizing the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds. These bonds will be issued as drawdown bonds under a drawdown program to fund certain transportation and transit projects within the People's Transportation Plan, as detailed in Exhibit A. The ordinance was adopted on first reading by the Board of County Commissioners on June 16, 2026, and a public hearing is scheduled for July 21, 2026. The bonds are special, limited obligations payable solely from pledged revenues derived from the transit system sales surtax. No other county funds or ad valorem taxes are pledged for repayment. The issuance aims to provide a more efficient funding solution for the Multi-Year Capital Plan by allowing the county to borrow funds as needed, reducing costs and optimizing resource use.
- Board:
- Board of County Commissioners
- Date:
- 2026-07-21
- Type:
- Ordinance
- Decision:
- Adopted on first reading
- Applicant:
- Office of Management and Budget
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