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By the community, for the community, the $439 million General Obligation Bond Program is revitalizing public spaces, public structures and public security for the future of Miami Beach. Upgrading city functions and enhancing city aesthetics at an unprecedented scale, the G.O. Bond Program is working to implement 57 separate improvement projects that will positively impact quality of life, economic health and overall resilience in all North Beach, Mid Beach and South Beach areas.

PARKS, RECREATION & CULTURAL FACILITIES
$M
NEIGHBORHOODS & INFRASTRUCTURE
$M
POLICE, FIRE & PUBLIC SAFETY
$M
TOTAL
$M
  • Voter Support
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AA+ and Aa2 G.O. Bond Credit Ratings

April 5, 2019

The purpose of this LTC is to advise you of the credit ratings assigned by Standard & Poors (S&P) and Moody’ s to the City’ s 2019 general obligation bonds and outstanding prior G. O. bonds. I would like to underscore that both S&P and Moody’s have recently incorporated risks from climate change and severe weather events into their credit rating analysis. Read the…

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Miami Beach Issues First Tranche of General Obligation Bond

March 15, 2019

Today, the Miami Beach City Commission unanimously approved the issuance of $153 million as part of the first tranche of the city’s $439 million general obligation bond. During the months of January and February 2019…

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Miami Beach Establishes G.O. Bond Oversight Committee

January 29, 2019

As the City of Miami Beach moves forward with the implementation of its $439 million general obligation bond approved by voters this past November, the Mayor & City Commission has appointed an oversight committee to monitor bond projects with a goal of delivering what was promised — on time, on scope and on budget…

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