The Miami Lakes town council has set a tentative property tax rate for the 2021-2022 fiscal year that will keep the millage the same as it has been since 2019. Though the millage rate may stay flat, some property owners may see slight tax increases. The Miami-Dade County Property Appraiser’s Office sets appraisals, and property values have increased by 3.6 percent, according to documents prepared by Town Manager Edward...

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A $15.5 million sale of municipal bonds to fund more than a dozen drainage projects in Miami Lakes were popular among buyers and raised $18,725,000. The July 22 sale of the bonds that were rated A+ by Fitch and A1 by Moody’s sold at a premium and after paying fees, the town said it netted $18,264,000. “The market was willing to pay more for them,” Town Manager Edward Pidermann said. Bonds are debt and the town will...

The Town of Miami Lakes will offer $15.5 million in municipal bonds in July to finance its storm water drainage system. The Storm water Utility System Revenue Bonds will be sold in lots of $5,000 and will be exempt from federal tax. Priority will be given to retail buyers on the sale date, either July 21st or July 22nd, the town said. The town council was expected to approve the sale during its meeting on July 13th. Bond sale...

A second leader has departed The Town of Miami Lakes building department within a month. Angel Rivas, who was promoted on June 17th from chief building inspector to building official, resigned on July 7th for personal reasons, Town Manager Ed Pidermann told the town council and staff in an email. Rivas was to jointly lead the building department with Daniel Angel. Angel previously led the parks and recreation department. He is...