Miami-Dade Mayor Pledges Accountability for Bond-Heavy Programs

Sigo, Shelly
February 2005
Bond Buyer;2/22/2005, Vol. 351 Issue 32075, p44
Trade Publication
The article reports that Miami-Dade County, Florida, Mayor Carlos Alvarez Friday promised accountability in the massive bond-financed public works, transportation, arts, and sports programs that he will oversee. Last fall, voters passed the Southeast's largest bond referendum--the $3 billion Building Better Communities general obligation bond program to finance infrastructure, public works, and cultural projects, among others. The mayor said he supports a financing plan between the county, the city of Miami, and the Florida Marlins to build a $420 million. 38,000-seat stadium with a retractable roof. Alvarez said he was pieced with progress on the construction of the $412 million Greater Miami Performing Arts Center, even though the project is nearly two years behind schedule and $68 million over budget.


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