City Eyes $18.6M Savings With Bond Refinancing — Tourists Pay Either Way
When City of Miami Beach officials sit down for their April 22 Commission meeting, one of the most consequential items on the agenda won't involve a new program, a shiny project, or a zoning fight. It will involve a ledger — specifically, Agenda Item R7R, a proposed resolution that could save Miami Beach taxpayers more than $18.6 million over the next two decades by refinancing a decade-old bond tied to the city's iconic Convention Center renovation.