City HallFriday, November 6
Miami voters approve a $450 million safety bond and reject the Virginia Key marina deal
The 5AM Miami team
If you live in the city of Miami, new fire stations are coming. Voters approved the $450 million Safe & Ready Miami Bond with more than 60% of the vote, and Mayor Eileen Higgins said work could start as early as 2027. Of that, $150 million goes to fire facilities and $300 million to a public safety complex at Freedom Park.
- First project: demolishing Fire Station 10 in Flagami for a new station
- New station in west Allapattah, where response times top the six-minute standard
- Track projects on the city's online dashboard
Starting in 2027, when the city takes out its first round of debt, a charge shows up on your tax bill. The city projects $2.38 a month at first, then about $9.20, and the bond could cost up to $750 million with interest. Selling the old police HQ land could trim $1 to $2.
Miami's bond charge would climb from $2.38 a month to about $9.20
Sources: Telemundo 51, WLRN
View as table
| Value | |
|---|---|
| First year | $2.38 |
| Later years | $9.2 |
Voters also rejected Referendum 3, the deal to lease about 28 acres on Virginia Key to developers for two marinas. About 65% voted no as of 8 p.m. Tuesday, and a court order had forced the city to put it on the ballot.
Sources: Telemundo 51, WLRN, Miami Herald