What are the  Proposed Projects?

This vote is NOT an approval to borrow any money. This vote will NOT result in the issuance of any bonds. An infrastructure project will still need to be approved by Village Council with a 4-3 vote. Then the approved project will have to be approved for financing by Village Council with a 5-2 vote, the same process that exists today.

If passed, we will simply give our Village Council the ability to use general obligation bonds (up to the debt cap) to fund planned resiliency projects at the most favorable financing costs and terms, and will help us build a resilient future for the Village of Key Biscayne while strengthening our Island Paradise against current and future climate-related threats for both condos and homes. The proposed projects include:

Sea Level Rise and Flooding Mitigation

A Complete Street approach is an efficient and cost-effective way to mitigate the effects of sea level rise and flooding due to increased precipitation events.  This is because the roadway is considered an extension of the stormwater management system.

Strengthening Our Infrastructure

Hardening our support infrastructure will involve moving electric, phone, cable, and possibly fiber optic lines in the future underground. However, hardening other components like transformers, switchgear, and capacitor banks will involve elevating these essential structures to protect them from storm flooding.

Shoreline Protection

Shoreline protection is dependent on location.  For the oceanside of the island, risk can be reduced using an integrated approach including natural and nature-based features in addition to non-structural and structural measures to improve resilience.