GO bond

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
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Miami Beach Wastes No Time in Implementing G.O. Bond Projects

May 6, 2019

On the heels of a successful trip to Wall Street last month, selling the first tranche of general obligation (G.O.) bonds for a better rate than estimated, the City of Miami Beach will celebrate the launch of its $439 million G.O. Bond Program on Friday, May 10 at 2 p.m. Join the Mayor & Commission at Meridian Avenue…

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On Your Mark, Get Set, G.O.! Miami Beach Bonds Hit the Wall Street Market!

April 16, 2019

The first tranche of Miami Beach General Obligation Bonds successfully hit the market today. City Manager Jimmy L. Morales and CFO John Woodruff travelled to New York City to personally oversee the bond pricing and sale process on Wall Street…

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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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