Funding lined up for $1.5 billion in Miami-Dade water/sewer upgrades

Written by Jesse Scheckner on January 28, 2020

Future upgrades to Miami-Dade’s water and sewer system now have a funding structure, as lawmakers last week gave a preliminary OK to bond issues that, if tapped into entirely, would grow what’s already owed for the system by 65%.

County commissioners Jan. 22 unanimously approved, without comment, an ordinance authorizing the issuance of up to $1.5 billion in Miami-Dade County Water and Sewer System Subordinate Obligations to pay for system improvements.

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