New $540M courthouse proposal draws critics

Miami /
Aug.August 29, 2014 03:45 PM

A proposal for a new taxpayer funded Miami courthouse is facing critics.

At a recent public meeting, commissioners disagreed over what should be on a proposed ballot question seeking $540 million, according to the Miami Herald.

“From the standpoint of need, I understand it completely,” said Commissioner Esteban “Steve” Bovo, chairman of the commission’s finance committee. However, he questioned issuing another $540 million in debt after taxpayers approved $1.2 billion in new government debt for public schools and $830 million for the Jackson Health System.

The current proposal would include the costs of building a new courthouse on county-owned property, $25 million in repairs for the current courthouse and refinancing an existing $132 million debt.

At a recent gathering lead by Commissioner Xavier Suarez at the historic Dade County Courthouse everyone agreed that a new courthouse is necessary – just not how to pay for it.

“We’re going to lose a couple of commissioners, not to mention the general public,” without an incentive, Suarez said. [Miami Herald]Christopher Cameron


Related Articles

arrow_forward_ios
Codina Partners’ Armando Codina and Ana-Marie Codina Barlick with 5350 Park condo project (Codina Partners, Getty)
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
1600 Northeast Second Avenue (Loopnet, Getty)
Sabet buys development site in Miami’s A&E District
Sabet buys development site in Miami’s A&E District
Truist Securities' John Gregg with 7600 Northwest 82nd Place (Truist Securities, JLL)
Hot deal for cold storage: Truist buys, leases back Quirch Foods’ Medley site
Hot deal for cold storage: Truist buys, leases back Quirch Foods’ Medley site
South Florida
Home sales fall over 20% in August across South Florida
Home sales fall over 20% in August across South Florida
Balzebre Investments' Robert Balzebre with 8710 Southwest 72nd Street
Winn-Dixie sues landlord over leaky roof at South Miami store
Winn-Dixie sues landlord over leaky roof at South Miami store
Electra America's Joe Lubeck with rendering of Southplace City Center (Electra America)
Electra America JV plans $1B mixed-use redevelopment of Southland Mall
Electra America JV plans $1B mixed-use redevelopment of Southland Mall
6001 Southwest 70th Street (Google Maps)
Duncan Hillsley drops $18M on bulk condo purchase of South Miami student housing
Duncan Hillsley drops $18M on bulk condo purchase of South Miami student housing
Easton Group’s Edward Easton and 3121 Northwest 125th Street (Easton Group, Google Maps)
Easton adds Miami-Dade warehouse to industrial portfolio
Easton adds Miami-Dade warehouse to industrial portfolio
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...