Media Contact: Eunicia Baker, MPA - Senior Public Information Officer
City of North Miami
305-893.6511 Ext. 12160
ebaker@northmiamifl.gov

NORTH MIAMI RESIDENTS TO VOTE ON PROPOSED GO BOND

North Miami, FL – 2/16/2018

North Miami residents are now slated to cast ballots for the City’s proposed General Obligation (GO) Bond. This comes after a unanimous vote by the North Miami Mayor and City Council during the second reading of the bond proposal at the Feb. 13 council meeting.     

The proposed bond is designed to finance improvements to public and recreational facilities, infrastructure and sustainability, community policing and technology, along with affordable housing. Residents will vote on the implementation of each element of the proposed bond during a special election on April 24.   

Tuesday’s vote was proceeded by a favorable 4-1 vote after the first reading of the proposed GO Bond Referendum, during North Miami’s Jan.10 City Council meeting. This decision by the North Miami City Council comes after a series of public input sessions last November and December, and public information sessions in January and February. All public input and information sharing sessions were hosted by City Administration, to garner direct feedback from residents about desired neighborhood improvements and to update the public on how their input shaped the bond proposal.   

The proposed GO Bond Referendum is purposed with financing the acquisition, construction, renovation and improvement of various capital improvement projects, payable through the City of North Miami’s full faith credit and ad valorem taxing power. The proposed bond shall not exceed $120 million, nor shall it mature beyond 30 years of the date of issuance.   

“The passing of proposed NoMi GO Bond would definitely be a move in the right direction for our city,” said North Miami Mayor, Dr. Smith Joseph. “Our city proudly celebrates a 92-year legacy. A favorable vote on this proposed GO Bond by our residents would spur North Miami into its centennial with modern facilities, technology and infrastructure, that will allow us to continue to position ourselves as a city on the move.”   

A proposed $10 million is allotted for acquisition and construction of affordable single-family and multi-family housing. For infrastructure and sustainability, $31 million is proposed for improvements to sidewalks, street resurfacing, landscaping, lighting, green space, transit, drainage and resiliency projects. A total of $2 million is proposed for technological enhancements geared toward community policing, safety, police equipment, servers, Wi-Fi, security cameras, broadcasting and emergency operations. City Administration proposes $77 million focused on public and recreational facilities, including a governmental complex, parking garage construction, community centers, a new sports complex and other park improvements.  

If North Miami residents vote to pass the proposed bond, City Administration will establish a Bond Oversight Committee made up of North Miami residents, staff and elected officials. The oversight committee will monitor and review implementation of the bond, to further the City’s efforts toward transparency.   

For the latest information about the City of North Miami’s proposed GO Bond, visit www.NorthMiamiFL.gov and click the “GO Bond” icon at the top of the page. 
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