Public Finance

Miami-Dade County Industrial Development Authority, FL

09/25
|
$18.5 Million
Miami_Community_Charter
Educational Facilities Revenue Bonds (Miami Community Charter Schools Project)

Transaction Summary
Piper Sandler served as the Sole Manager of Miami Community Charter School’s (MCCS) $18,460,000 issuance of “Ba2” Tax-Exempt Educational Facilities Bonds, Series 2025, through the Miami-Dade County Industrial Development Agency. The proceeds from the Series 2025 Bonds were allocated to:

  • Finance the construction of a new Middle and High School.
  • Modify the existing Middle and High School to repurpose for Elementary School use.
  • Fund a Debt Service Reserve Fund
  • Partially fund capitalized interest for two years.
  • Cover costs of issuance.

About Miami Community Charter Schools
Miami Community Charter Schools is a K-12 public charter institution that encompasses elementary, middle, and high school education in Florida City, Florida. The mission of MCCS is to cultivate a faculty dedicated to empowering students through mentorship, emphasizing accountability by instilling values of responsibility, mutual respect, and open communication. Continuous collaboration among all stakeholders aims to create a safe and nurturing environment that fosters both the social-emotional and academic development of students. MCCS is currently in its 21st year of operation and served approximately 1,129 students during the 2024-2025 school year.

Role
Sole Manager
State
FL
Series
Series 2025