§ 29-94. Trust fund created; uses of surtax proceeds.


Latest version.
  • There is hereby created within the County accounts a Miami-Dade County Rapid Transit Trust Fund which shall be the depository of the surtax proceeds collected by the State and distributed to Miami-Dade County hereunder. Such proceeds shall be used only for the purposes of development, construction, equipment, maintenance, operation, supportive services, including a Countywide bus system, and related costs of a fixed guideway rapid transit system. The Board of County Commissioners shall be the Trustee of the Trust Fund and may provide for expenditure of monies therein for the purposes enumerated in this section.

(Ord. No. 90-15, § 1, 3-6-90)