NEWS

Project Implementation Update #3
The purpose of this Letter to the Commission ("LTC") is to advise you on the status of the implementation of the 38 General Obligation Bond (G .O. Bond) Projects approved by the City Commission for the first tranche of funding (Tranche 1)...
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Tree Planting Begins in North Beach
As part of the G.O. Bond-funded project to expand the city's urban tree canopy, the city has partnered with Neat Streets Miami to start reforestation efforts in Normandy Isles neighborhoods and Brittany Bay Park...
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PRESS RELEASE – 7/31/19
Known for its unique urban tree canopy, the City of Miami Beach will soon be welcoming more trees into its green lush environment. Awarded a $40,000 grant from Neat Streets Miami...
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Construction Advisory! Street & Sidewalk Work Continues on 15 Street
Street paving and sidewalk improvement work continues on to 15 Street between Washington Avenue and Lenox Avenue. Read the notice for information...
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Design Renderings for Baywalk Pedestrian Bridge
The City Commission endorsed a new design for the pedestrian bridge project that will welcome drivers as they enter Miami Beach from the MacArthur Causeway...
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Construction Advisory! Street and Sidewalk Repairs on Allison Road
Streets and sidewalks on Allison Road are up next to receive repairs! Please note the parking restrictions for the week of the construction...
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PRESS RELEASE – 7/16/19
Miami Beach Kicks Off First Phase of $2 Million Traffic Calming Effort in Nautilus Neighborhood. Join the City of Miami Beach as it breaks ground on the first portion of its citywide traffic calming project to make residential streets safer and more pedestrian-friendly. Beginning with the Nautilus area, neighborhood roads will receive new transportation safety measures...
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Project Implementation Update No. 2
The purpose of this Letter to the Commission (LTC) is to advise you on the status of the implementation of the 38 G.O. Bond Projects approved by the City Commission for the first tranche of funding (Tranche 1) in the amount of $152,466,449 including insurance costs...
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Construction Advisory! Street & Sidewalk Repairs to Begin in North Beach
The work on Meridian Avenue between 5 and 15 street is almost complete. Maimonides Street, between Vichy Drive and Rue Notre Dame, will be repaired next. In July, Biarritz Drive and Allison Road will also be worked on.
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Project Implementation Update No. 1
The purpose of this LTC is to advise the Mayor and City Commission on the status of the implementation of the 38 GO Bond Projects approved by the City Commission for the first tranche of funding...
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Community Park/Par 3 Project Design Renderings
2795 Prairie Avenue is getting a new Community Park! An outdoor amphitheater, a small and large dog park, and a lakeside walking trail are just some of the many features to come!
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Construction Advisory! Street & Sidewalk Improvements
Street and sidewalk repairs will take place on Meridian Avenue between 5 and 15 streets. Construction work begins on Monday...
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PRESS RELEASE – 5/6/19
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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PRESS RELEASE – 4/16/19
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
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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PRESS RELEASE – 3/15/19
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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PRESS RELEASE – 1/29/19
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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Program Overview & Update
On November 6, 2018, the electorate of the City of Miami Beach approved the issuance of $439,000,000 of general obligation bonds, consisting of (i) $169,000,000 for parks, recreational facilities, and cultural facilities, (ii) $198,000,000 for neighborhoods and infrastructure, and (iii) $72,000,000 for police, fire, public safety, and security improvements...
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