The General Obligation (G.O.) Bond program
"The G.O. Bond program was approved by voters in 1999. The City of Miami Beach G.O. Bond program is for $92,465,000. With the addition of these bond issues, debt service millage will continue to be charged to property owners; however, millage tends to decline on an annual basis. This is because of the effect of the increasing value of all property in the City (residential and commercial), and that the cost of annual payments on the bonds are less than the cost of the bonds currently outstanding."
Cost overruns, projects delays and declining property values. Ten years into this mess and some projects are still stuck in the planning stage.
All data and information provided on this site is for informational purposes only. Postings may contain inaccurate information.
This site and will not be liable for any errors, omissions, or damages arising from its display or use.
Comments by visitors of are the sole responsibility of that individual.
A picture and information blog about some sites that I've seen in Miami Beach and Miami. Information on local real estate, flooding, crime, and other issues in Miami Beach. Learn more about Miami Beach than you ever cared to know.
