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North Shore Park & Youth Center, located at 501 72 Street, is getting a $5.7 million G.O. Bond-funded makeover, and some project elements are already underway! Right now, the city is working to complete the following upgrades before the end of the 2019 calendar year: Installation of new LED lighting fixtures to improve visibility of sports fields and common areas. Painting of interior walls to improve overall building aesthetics. Between 2020 and 2022, the remaining project elements will commence. The scope of work includes…G.O. Blog>>
Just 10 months after Miami Beach residents voted to approve the G.O. Bond Program and just 5 months after the city sold its first round of bonds, a ribbon-cutting ceremony was held at Polo Park to mark the first of 57 total projects to reach 100% completion. After just a couple months of construction time, Polo Park now showcases a beautifully renovated baseball field with…G.O. Blog>>
Originally built in 1976 as a facility to serve Miami Beach teen programs, the Scott Rakow Youth Center has grown in to a multiuse facility that houses a large variety of sport and recreation activities for adults and children of all ages. Heavily used by families, sports leagues, after school programs, summer camps, group classes and more, the Center offers a wide range of sport and recreation activities to the greater Miami Beach community as it…G.O. Blog>>
On Tuesday, July 30, the City of Miami Beach broke ground on the first portion of the G.O. Bond-funded project for Traffic Calming & Pedestrian-Friendly Streets. In an effort to increase transportation safety in residential areas, the $2 million multi-neighborhood project begins in Nautilus where $500,000 will be spent on new traffic circles, speed tables, and designated bike lanes. By early 2020, the Nautilus neighborhood…G.O. Blog>>
Two North Beach parks are getting quick G.O. Bond-funded fixes this month. Stillwater Park, located at 8440 Hawthorne Avenue, and Crespi Park, located at 7820 Crespi Boulevard, both consist of a basketball court, a playground, an open green space and a covered pavilion. Thanks to the city’s G.O. Bond Program, the pavilion and restroom facilities at both parks will…G.O. Blog>>
Maurice Gibb Park, located on the western portion of the Sunset Harbour neighborhood on Purdy Avenue, is getting a $7 million makeover (with $3.3 million being funded by the Miami Beach G.O. Bond Program). In 2007, the three-acre park was dedicated to former longtime Miami Beach resident Maurice Gibb, a member of the seven-time Grammy Award-winning group the Bee Gees, to memorialize his…G.O. Blog>>
Breaking ground next month, Polo Park will undergo a speedy renovation as part of the G.O. Bond Program. In only one month of construction time, the park will reopen this August for public use with $500,000 in upgrades. Polo Park, located at 4301 Meridian Avenue, is open every day of the week from sunrise to sunset. It is equipped with a playground, tennis and basketball courts, and a multi-use baseball field…G.O. Blog>>
As the nation reflects on yet another mass shooting from last week, it is helpful to know that the City of Miami Beach has three separate public safety G.O. Bond projects that are officially in-the-works, including: 1. License Plate Readers (LPRs) , 2. Public Safety Radio System , 3. Security in Public Spaces. License Plate Readers use advanced software recognition technology to capture license plate tags and run them against nationwide…G.O. Blog>>
On Friday May 10, the City of Miami Beach broke ground on the first two construction projects to be funded as part of the $439 million G.O. Bond Program that residents voted to approved just 6 months ago in a November referendum: Street Pavement and Sidewalk Improvements projects. Starting first with the areas that have been identified to be in the worst condition, a total of $43 million will be spent on renovating streets and sidewalks within and across South Beach…G.O. Blog>>
As the City of Miami Beach implements the G.O. Bond Program that residents voted to approve last November, it is important to remember WHY the capital investment is so vital to the future of Miami Beach. Let’s explore this through the lens of urban resilience! The G.O. Bond Program is a $439 million investment in the future of the city. Therefore, it is also a $439 million contribution towards its resilience status and sustainability…G.O. Blog>>
The first tranche of Miami Beach General Obligation Bonds hit the market today! City Manager Jimmy Morales and CFO John Woodruff traveled to New York City to personally oversee the bond pricing and sale process on Wall Street. The morning kicked off with a meeting at the offices of J.P. Morgan where the bonds were priced and prepared for distribution…G.O. Blog>>
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…Read More
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…Read More
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…Read More