HB 1217 2003
   
1 A bill to be entitled
2          An act relating to Titusville-Cocoa Airport District, a
3    dependent special district in Brevard County; codifying
4    the District’s charter pursuant to s. 189.429, Florida
5    Statutes; providing for codification of special laws
6    relating to Titusville-Cocoa Airport District pursuant to
7    s. 189.429, F.S.; providing legislative intent; amending,
8    codifying, repealing, and reenacting all prior special
9    acts; declaring the status of the District; providing an
10    effective date.
11         
12          Be It Enacted by the Legislature of the State of Florida:
13         
14          Section 1. Intent.--Pursuant to section 189.429, Florida
15    Statutes, this act constitutes the codification of all special
16    acts relating to Titusville-Cocoa Airport District. It is the
17    intent of the Legislature to provide a single, comprehensive
18    special act charter for the district including all current
19    legislative authority granted to the district by its several
20    legislative enactments and any additional authority granted by
21    this act and chapter 189, Florida Statutes, as they may be
22    amended from time to time. It is further the intent of this act
23    to preserve all district authority.
24          Section 2. Codification.--Chapters 63-1143, 67-1151, 69-
25    863, 70-600, 72-472, 80-457, 81-348, 82-267, and 83-374, Laws of
26    Florida, are codified, reenacted, amended, and repealed as
27    herein provided.
28          Section 3. The Titusville-Cocoa Airport District is re-
29    created and the charter is re-created and reenacted to read:
30          Section 1. There is hereby created and established a
31    dependent airport district in Brevard County, Florida, which
32    shall also be a special taxing district, to be known as the
33    "Titusville-Cocoa Airport District,” which shall consist of so
34    much of Brevard County, Florida, as lies North of that line
35    described as follows:
36         
37          Beginning at a point where the West boundary line of
38    said Brevard County, Florida, intersects with the
39    South boundary line of Township 25 South, Range 35
40    East, and proceeding thence easterly along the South
41    boundary line of Township 25 South to the intersection
42    of the East boundary line of Brevard County, Florida,
43    with the South bound ary line of Township 25 South.
44         
45          Section 2. That the title, rights, and ownership of all
46    property, both real and personal, rights, powers, facilities,
47    privileges, easements, franchises, rights-of-way, contracts,
48    uncollected taxes, dues, claims, judgments, decrees, choses in
49    action, and all property and property rights held or owned by
50    the Titusville-Cocoa Airport Authority established by chapter
51    63-1143, Laws of Florida, shall pass to and be vested in the
52    Titusville-Cocoa Airport Authority, the governing body of the
53    Titusville-Cocoa Airport District, established and organized
54    under this Act to take the place of and succeed the Titusville-
55    Cocoa Airport Authority hereby abolished. All lawful debts,
56    bonds, obligations, contracts, franchises, promissory notes,
57    audits, minutes, resolutions, and other undertakings of the
58    Titusville-Cocoa Airport Authority created by chapter 59-1933,
59    Laws of Florida, which is abolished hereby, are hereby
60    validated, and same shall continue to be valid and binding in
61    accordance with their respective terms, conditions, covenants,
62    and tenor on the Titusville-Cocoa Airport District and the
63    Titusville-Cocoa Airport Authority established and organized by
64    this Act. Any proceeding heretofore begun for the construction
65    of any improvements, or port facilities, or for the borrowing of
66    money shall not be impaired or avoided by this chapter, but may
67    be continued and completed and binding upon the Titusville-Cocoa
68    Airport District and Titusville-Cocoa Airport Authority
69    established by this Act.
70          Section 3. As used in this Act the following words and
71    terms shall have the following meanings, unless the context
72    shall indicate another or different meaning or intent:
73          (a) The term "airport facilities" shall mean airport
74    facilities of all kinds including, but not limited to, landing
75    fields, hangars, shops, terminals, buildings, and all other
76    facilities necessary or desirable for the landing, taking off,
77    operating, servicing, repairing, and parking of aircraft, and
78    the unloading and handling of passengers, mail, express, and
79    freight, together with all necessary appurtenances and equipment
80    and all properties, rights, easements, and franchises relating
81    thereto and deemed necessary or convenient by the Authority in
82    connection therewith.
83          (b) The word "Authority" shall mean the Authority created
84    by this Act, or, if such Authority shall be abolished, the
85    board, body, or commission succeeding to the principal functions
86    thereof or to whom the powers given by this Act to the Authority
87    shall be given by law.
88          (c) The word "costs” shall mean and include the cost of
89    acquiring or constructing airport facilities and such buildings,
90    structures, roads, alleyways, railroad loading and unloading
91    facilities, and any other development of land as the Authority
92    shall determine to be necessary and proper in the performance of
93    the duties and purposes of this Act, the cost of improvements,
94    the cost of all lands, properties, rights, easements, and
95    franchises acquired, the cost of all machinery and equipment,
96    financing charges, interest prior to and during construction and
97    for 1 year after completion of construction, cost of engineering
98    and legal services, plans, specifications, surveys, estimates of
99    cost and of revenues, other expenses necessary or incident to
100    the determining of the feasibility or practicability of any such
101    acquisition, construction, or improvement, administrative
102    expenses, and such other expenses, including reasonable
103    provision for working capital, as may be necessary or incident
104    to the financing herein authorized, to the acquisition,
105    construction, and improvement of airport facilities and such
106    buildings, structures, roads, alleyways, railroad loading and
107    unloading facilities, and any other development of land as the
108    authority shall determine to be necessary and proper in the
109    performance of the duties and purposes of this Act and the
110    placing of the same in operation by the District. Any obligation
111    or expense incurred by the District or by any participating
112    political subdivision prior to the issuance of bonds under the
113    provisions of this Act in connection with the acquisition or
114    construction of any airport facilities and such buildings,
115    structures, roads, alleyways, railroad loading and unloading
116    facilities, and any other development of land as the Authority
117    shall determine to be necessary and proper in the performance of
118    the duties and purposes of this Act or any improvements thereof
119    may be regarded as a part of such cost.
120          (d) The word "improvements" shall mean such repairs,
121    replacements, additions, extensions, and betterments of and to
122    any facilities as are deemed necessary to place or to maintain
123    such facilities in proper condition for the safe, efficient, and
124    economic operation thereof.
125          (e) The term "participating political subdivisions" shall
126    mean the Cities of Titusville and Cocoa, Florida, the Board of
127    County Commissioners of Brevard County, Florida, and all other
128    political subdivisions or governments within the geographical
129    limits of the Airport District.
130          Section 4. The District is created for the purpose of
131    acquiring, constructing, improving, financing, operating, and
132    maintaining airport facilities and such buildings, structures,
133    roads, alleyways, railroad loading and unloading facilities, and
134    any other development of land owned or leased by the Authority
135    and essential to the economic welfare of the inhabitants of the
136    Authority and which will promote the economic, commercial, and
137    industrial development of the Authority. The District is hereby
138    constituted a public instrumentality and body corporate and
139    politic and the exercise by the District of the powers conferred
140    by this Act shall be deemed and held to be the performance of
141    essential governmental functions.
142          Section 5. The governing Authority of said Titusville-
143    Cocoa Airport District shall be known as the Titusville-Cocoa
144    Airport Authority; and said Titusville-Cocoa Airport Authority
145    shall constitute a body politic and a body corporate; it shall
146    have perpetual existence.
147          The Authority shall consist of seven members, one of whom
148    shall be appointed by the County Commissioner for District One,
149    who shall reside within the boundaries of the Titusville-Cocoa
150    Airport District but not within the city limits of Titusville;
151    one shall be appointed by the City of Titusville and shall
152    reside within the city limits of Titusville; two shall be
153    appointed by the County Commissioner for District Two, both of
154    whom shall reside within the boundaries of the Titusville-Cocoa
155    Airport District and at least one of whom shall reside either
156    within the City of Cape Canaveral, Florida, or the City of Cocoa
157    Beach, Florida; two of whom shall be appointed by the County
158    Commissioner for District Four, both of whom shall reside within
159    the boundaries of the Titusville-Cocoa Airport District and at
160    least one of whom shall reside either within the City of Cocoa,
161    Florida, or the City of Rockledge, Florida; and one of whom
162    shall be appointed jointly by the County Commissioners for
163    Districts One, Two, and Four and such appointee shall reside
164    within the Titusville-Cocoa Airport District. The cities within
165    the District are encouraged to participate in the appointing
166    process by making recommendations to the appropriate County
167    Commissioner involved in the appointment. The terms of each
168    appointment shall be for a period of 3 years. Upon expiration of
169    the term the member shall continue to serve pending
170    reappointment or until a successor is appointed for his or her
171    position. The Authority shall select from its members a Chair, a
172    Vice Chair, a Secretary, and a Treasurer to serve as such at the
173    pleasure of the Authority. Any person may hold two or more
174    offices, except that the Chair may not also serve as the
175    Secretary. When any vacancy shall occur, the vacancy shall be
176    filled by the appointing authority which originally appointed
177    the previous incumbent of the vacancy and such appointment shall
178    be for the remainder of said term being filled. Members of the
179    Authority shall be qualified freeholders residing in the
180    District.
181          Four of the members of the Authority shall constitute a
182    quorum and the affirmative vote of four of the members of the
183    Authority shall be necessary for any action taken by the
184    Authority. The members of the Authority shall serve without
185    compensation but shall be reimbursed for the amount of actual
186    expenses incurred by them in the performance of their duties.
187          Section 6. The Authority is hereby authorized and
188    empowered:
189          (a) To adopt bylaws for the regulation of its affairs and
190    the conduct of its business;
191          (b) To adopt an official seal and alter the same at
192    pleasure;
193          (c) To maintain an office at such place or places as it
194    may designate;
195          (d) To sue and be sued in its own name and to plead and be
196    impleaded;
197          (e) To acquire, lease as lessee or lessor, construct,
198    reconstruct, improve, extend, enlarge, equip, repair, maintain,
199    and operate any airport facilities and such buildings,
200    structures, roads, alleyways, railroad loading and unloading
201    facilities, and any other development of land as the Authority
202    shall determine to be necessary and proper in the performance of
203    the duties and purposes of this Act, within the District and
204    within the participating political subdivisions in the District,
205    but within the boundaries of the District;
206          (f) To issue bonds of the authority as hereinafter
207    provided to pay the cost of such acquisition, construction,
208    reconstruction, improvement, extension, enlargement, or
209    equipment, provided, however, that approval of the Board of
210    County Commissioners of Brevard County shall be secured prior to
211    the issuance of such bonds;
212          (g) To issue refunding bonds of the Authority as
213    hereinafter provided, provided, however, that approval of the
214    Board of County Commissioners of Brevard County shall be secured
215    prior to the issuance of such bonds;
216          (h) To combine any airport facilities for the purpose of
217    operation and financing; specifically the Authority is
218    authorized and empowered to combine the operation and financing
219    of Space Coast Regional Airport, Merritt Island Airport, and
220    Arthur Dunn Airpark, and said Authority is hereby authorized to
221    operate said three airports as a single unit and the acquisition
222    of real and personal property for all of said airports be and
223    the same is hereby validated, confirmed, and approved;
224          (i) To fix and revise from time to time and to collect
225    rates, fees, and other charges for the use of or for the
226    services and facilities furnished by any airport facilities;
227          (j) To acquire in the name of the Authority by gift,
228    purchase, or the exercise of the right of eminent domain in
229    accordance with the laws of the State of Florida which may be
230    applicable to the exercise of such powers by counties or
231    municipalities, any lands or rights in land, and to acquire such
232    personal property as it may deem necessary in connection with
233    the acquisition, construction, reconstruction, improvement,
234    extension, enlargement, or operation of any airport facilities
235    and such buildings, structures, roads, alleyways, railroad
236    loading and unloading facilities, and any other development of
237    land as the Authority shall determine to be necessary and proper
238    in the performance of the duties and purposes of this Act, and
239    to hold and dispose of all real and personal property under its
240    control;
241          (k) To make and enter all contracts and agreements
242    necessary or incidental to the performance of its duties and the
243    execution of its powers under this Act, including a trust
244    agreement or trust agreements securing any bonds issued
245    hereunder, and to employ such consulting and other engineers,
246    superintendents, managers, construction and financial experts,
247    accountants and attorneys, and such employees and agents as may,
248    in the judgment of the Authority, be deemed necessary and to fix
249    their compensation, provided, however, that all such expenses
250    shall he payable solely from funds made available under the
251    provisions of this Act;
252          (l) To accept grants of money or materials or property of
253    any kind for any airport facilities and such buildings,
254    structures, roads, alleyways, railroad loading and unloading
255    facilities, and any other development of land as the Authority
256    shall determine to be necessary and proper in the performance of
257    the duties and purposes of this Act from any Federal or State
258    agency, political subdivision, municipality, or other public
259    body, or from any other persons;
260          (m) To do all acts and things necessary or convenient to
261    carry out the powers granted by this Act;
262          (n) To lease as leasee or lessor any real property or to
263    sell or otherwise dispose of any personal property which it has
264    determined is no longer used or useful for purposes set forth
265    herein, subject, however, to any limitations which may be
266    imposed on such leasing or disposition by any bonds issued by
267    the Authority hereunder or by any proceedings taken in
268    connection with the issuance of such bonds;
269          (o) To make purchase money mortgages on any additional
270    property purchased by the Authority, or to purchase property
271    subject to purchase money mortgages, provided, however, that
272    other property of the Authority is in no way subject to the lien
273    of such purchase money mortgages or subject to any deficiency
274    decree foreclosing any such purchase money mortgages; and
275          (p) To provide for the appointment of a chief executive
276    officer to act as operations officer and head administrator of
277    the operation of the Airport District. He or she shall be
278    responsible to the Airport Authority for the proper
279    administration of all affairs of the Authority and to that end
280    he or she shall have the power and shall be required to:
281          (1) Appoint when authorized by the Authority, and, if
282    necessary for the good of the Authority, remove all employees of
283    the Authority, other than the Authority's Attorney and Engineer.
284          (2) Fix the salary of employees of the Authority, or
285    within the budget of the Authority.
286          (3) Endorse on all contracts, bonds, and other instruments
287    in writing in which the Authority is interested, his or her
288    approval of the substance thereof.
289          (4) Prepare the annual budget for the Authority and submit
290    it to the Authority, and be responsible for its administration
291    after adoption.
292          (5) Prepare and submit to the Authority, as of the end of
293    the fiscal year, a complete report on the finances and
294    administrative activities of the Authority for the preceding
295    year.
296          (6) Keep the Authority advised of the financial condition
297    and future needs of the Authority, and make such recommendations
298    as may seem to him or her desirable.
299          (7) He or she shall be purchasing agent for the Authority,
300    by whom all purchases of supplies shall be made, subject to the
301    rules and regulations to be prescribed by the Authority, and he
302    or she shall approve all vouchers for payment of same.
303          (8) Perform such other duties as may be necessary in the
304    proper administration, excluding policy decisions, of the
305    facilities operated by the Authority.
306          Section 7. The Authority shall in each fiscal year, which
307    fiscal year shall be the same as that of Brevard County, prepare
308    an annual budget for operating revenue accounts and operating
309    expense accounts and such other accounts as the Board of County
310    Commissioners of Brevard County shall prescribe, for its
311    operations in the ensuing fiscal year and, on or before the
312    first day of September of each year, submit such budget to the
313    Board of County Commissioners of Brevard County, Florida,
314    verified upon information and belief by the Chair of the
315    Authority. At the time the Authority prepares its annual budget,
316    it shall adopt a resolution determining and finding the
317    estimated amounts to be expended by the District in the ensuing
318    year, exclusive of any bonds or other obligations of the
319    District, for acquiring, establishing, constructing, enlarging,
320    operating, and maintaining said airports and other aviation
321    facilities and other facilities related thereto of the District,
322    or for any other corporate purposes of the District, and
323    requesting the Board of County Commissioners of Brevard County,
324    Florida, to levy a tax, not exceeding in any event 1/2 mill per
325    annum on all the taxable real and personal property in that
326    portion of the county within the geographical limits of the
327    District. A certified copy of said resolution shall be submitted
328    to the Board of County Commissioners of Brevard County, Florida,
329    at the same time that it submits its annual budget referred to
330    above.
331          The Board of County Commissioners of Brevard County,
332    Florida, shall examine said budget and said certified copy of
333    said resolution and may increase or reduce the total amount
334    requested under the provisions in said budget and resolution for
335    the expenditure of such amounts for said purposes in such an
336    amount as said Board of County Commissioners deems advisable in
337    its sole discretion. Thereafter, said Board of County
338    Commissioners shall approve the budget of the District, either
339    as submitted or as increased or reduced, as aforesaid. Upon
340    approval of such budget, said Board of County Commissioners
341    shall levy, assess, and collect taxes not exceeding in any event
342    1/2 mill per annum on all the taxable real and personal property
343    in that portion of the county within the geographical limits of
344    the District, sufficient to pay the estimated amount for said
345    purposes contained in such budget and shall promptly upon
346    receipt thereof remit and pay over to the Authority the proceeds
347    to the payment of the costs of the purposes provided in such
348    budget.
349          All anticipated revenues to be derived from the operation
350    of the airports and airport facilities shall be included in the
351    budget of the Authority, provided, however, that any amounts of
352    money, including funds derived from ad valorem taxation and
353    appropriated in the Authority's budget for the preceding fiscal
354    year that remain unexpended from the revenue derived under the
355    budget for the preceding fiscal year may, by resolution duly
356    adopted by the Authority and approved by said Board of County
357    Commissioners, be set aside in a separate fund to be known and
358    described as a "renewal and replacement fund" and accumulated in
359    said fund from year to year for the purpose of purchasing
360    property, real and personal, building and constructing permanent
361    improvements, replacements, alterations, buildings, and other
362    structures, including runways, taxi strips, and aprons, and such
363    funds may be disbursed from time to time out of the renewal and
364    replacement fund, upon proper resolution of the Authority and
365    approval by said Board of County Commissioners, and solely for
366    the payment of the cost of purchasing property, real and
367    personal, permanent improvements, replacements, alterations,
368    buildings, and other structures, including runways, taxi strips,
369    and aprons, as hereinbefore provided.
370          The Authority shall adopt budget procedures to establish
371    the direct and indirect costs of operating and maintaining each
372    airport in the Titusville-Cocoa Airport District as well as the
373    direct income derived from each airport.
374          Section 8. The Titusville-Cocoa Airport District, through
375    the Authority created herein, is hereby empowered and authorized
376    to issue bonds of the District, in an aggregate principal amount
377    of not exceeding an amount equal to 5 percent of the assessed
378    valuation of all of the taxable property within the geographical
379    limits of the District at the effective date of this Act,
380    payable as to both principal and interest from ad valorem taxes
381    not exceeding 1 mill per dollar of assessed valuation within the
382    boundaries of the District for the purpose of paying all or any
383    part of the cost of construction or acquisition of property, by
384    the District, of any authorized project, and such acquisition or
385    construction is hereby determined legislatively to be a lawful
386    and essential District purpose.
387          No such bonds of the District herein authorized shall be
388    issued unless and until the issuance thereof shall have been,
389    first, approved at an election of the qualified electors who are
390    freeholders residing in the geographical limits of the District,
391    duly called and held, in the manner provided by the Constitution
392    and statutes of the State of Florida.
393          Section 9. The State of Florida does hereby pledge to, and
394    agree with, the Federal Government and any person, firm, or
395    corporation, subscribing to, or acquiring the bonds to be issued
396    by, the District for the construction, acquisition, extension,
397    improvement, or enlargement of projects, or any part thereof,
398    that the state will not limit or alter the rights hereby vested
399    in the District until all bonds at any time issued, together
400    with the interest thereon, are fully paid and discharged. The
401    State of Florida does further pledge to, and agree with, the
402    Federal Government that, in the event that the Federal
403    Government shall construct or contribute any funds for the
404    construction, acquisition, extension, improvement, or
405    enlargement of said projects, or any part thereof, the state
406    will not alter or limit the rights and powers of the District in
407    any manner which would be inconsistent with the continued
408    maintenance and operation of the projects, or any part thereof,
409    or the improvement thereof, or which would be inconsistent with
410    the due performance of any agreements between the District and
411    the Federal Government, and the District shall continue to have
412    and may exercise all powers herein granted, so long as the same
413    may be necessary or desirable for the carrying out of the
414    purposes of this Act and the purposes of the Federal Government
415    in the construction or acquisition or improvement or enlargement
416    of said projects, or any part thereof.
417          Section 10. Cooperation between municipalities, county,
418    and District: the Effectuation of the authorized purposes of the
419    Authority being in all respects for the benefit of the people of
420    the State of Florida and the County of Brevard as well as the
421    municipalities within the geographical limits of the Titusville-
422    Cocoa Airport District, the county and each municipality in the
423    District are hereby authorized to aid and cooperate with the
424    District in carrying out any authorized purposes of the
425    District.
426          The county and each municipality in the District are hereby
427    authorized to enter into cooperation agreements with the
428    District and to provide in any such cooperation agreement for
429    the making of a loan, gift, grant, or contribution to the
430    District for the carrying out of its authorized purposes.
431          The county and each municipality in the District are
432    hereby, further, authorized to grant and convey to the Authority
433    real or personal property, of any kind or nature, or any
434    interest therein, for the carrying out of its authorized
435    purposes.
436          The county and each municipality in the District are,
437    further and additionally, authorized to covenant in any such
438    cooperation agreement made pursuant to this Section to pay all
439    or any part of the costs of operation and maintenance of the
440    projects of the District from any available funds of the county
441    or municipality in the District, except revenues derived from ad
442    valorem taxation and cigarette taxes, and to pay all or any part
443    of the principal and interest on any revenue bonds of the
444    District and all or any part of the deposits required to be made
445    into any reserve, renewal, and replacement or other funds
446    created and established by the resolution, indenture, deed of
447    trust, or other instrument securing said revenue bonds from any
448    available funds of the county or any municipality.
449          Any such cooperation agreement may be made and entered into
450    pursuant to this Act for such time or times not exceeding 40
451    years as shall be agreed by the parties thereto or for such
452    longer time as any revenue bonds of the District, including
453    refundings thereof, remain outstanding and unpaid and may
454    contain such other details, terms, provisions, and conditions as
455    shall be agreed upon by the parties thereto.
456          Any such cooperation agreement may be made and entered into
457    for the benefit of the holders of any revenue bonds of the
458    Authority as well as the parties thereto and shall be
459    enforceable in any court of competent jurisdiction by the
460    holders of any such revenue bonds or of the coupons appertaining
461    thereto.
462          Section 11. The Authority is hereby further authorized to
463    issue at one time, or from time to time, ad valorem bonds of the
464    District as hereinbefore provided, or revenue bonds as
465    hereinafter provided, for the purpose of paying the cost of
466    acquiring, constructing, reconstructing, improving, extending,
467    enlarging, or equipping any airport facilities and such
468    buildings, structures, roads, alleyways, railroad loading and
469    unloading facilities, and any other development of land as the
470    Authority shall determine to be necessary and proper in the
471    performance of the duties and purposes of this Act. The bonds of
472    each issue shall be dated, shall mature at such time or times
473    not exceeding 40 years from their date or dates, and shall bear
474    interest at such rate or rates not exceeding 8 percent per
475    annum, as may be determined by the Authority, provided that
476    revenue bonds shall not bear interest at a higher rate of
477    interest than provided by general law, and may be made
478    redeemable before maturity, at the option of the Authority, at
479    such price or prices and under such terms and conditions as may
480    be fixed by the Authority prior to the issuance of the bonds.
481    The Authority shall determine the form and the manner of
482    execution of the bonds, including any interest coupons to be
483    attached thereto, and shall fix the denomination or
484    denominations of the bonds and the place or places of payment of
485    principal and interest, which may be of any bank or trust
486    company within or without the state. In case any officer whose
487    signature or a facsimile of whose signature shall appear on any
488    bonds or coupons shall cease to be such officer before the
489    delivery of such bonds, such signature or such facsimile shall
490    nevertheless be valid and sufficient for all purposes, the same
491    as if he or she had remained in office until such delivery.
492    Notwithstanding any of the other provisions of this Act or any
493    recitals in any bonds issued under the provisions of this Act,
494    all such bonds shall be deemed to be negotiable instruments
495    under the laws of the state. The bonds may be issued in coupon
496    or registered form, or both, as the Authority may determine, and
497    provision may be made for the registration of any coupon bonds
498    as to principal alone and also as to both principal and
499    interest, and for the reconversion into coupon bonds of any
500    bonds registered as to both principal and interest. The bonds
501    shall be sold at public sale and the net interest cost to the
502    Authority on such bonds shall not exceed the limits hereinbefore
503    specified. If all bids received on the public sale are rejected,
504    the Authority may then proceed to negotiate for the sale of the
505    bonds at a net interest cost, which shall be less than the
506    lowest net interest cost stated in the bids rejected at the
507    public sale.
508          The proceeds of the bonds of each issue shall be used
509    solely for the purpose for which such bonds shall have been
510    authorized and shall be disbursed in such manner and under such
511    restrictions, if any, as the Authority shall provide in the
512    resolution authorizing the issuance of such bonds or in the
513    trust agreement herein mentioned securing the same. Unless
514    otherwise provided in the authorizing resolution or in the trust
515    agreement securing such, if the proceeds of such bonds, by error
516    of estimates or otherwise, shall be less than such cost,
517    additional bonds may in like manner be issued to provide the
518    amount of such deficit and shall be deemed to be of the same
519    issue and shall be entitled to payment from the same fund
520    without preference or priority of the bonds first issued for the
521    same purpose.
522          The resolution providing for the issuance of bonds, and any
523    trust agreement securing such bonds, may also contain such
524    limitations upon the issuance of additional bonds as the
525    Authority may deem proper, and such additional bonds shall be
526    issued under such restrictions and limitations as may be
527    prescribed by such resolution or trust agreement.
528          Prior to the preparation of definitive bonds, the Authority
529    may, under like restrictions, issue interim receipts or
530    temporary bonds, with or without coupons, exchangeable for
531    definitive bonds when such bonds shall have been executed and
532    are available for delivery. The Authority may also provide for
533    the replacement of any bonds which shall become mutilated or be
534    destroyed or lost.
535          Except as specifically provided in this Act which requires
536    the prior approval of the Board of County Commissioners of
537    Brevard County, bonds may be issued under the provisions of this
538    Act without obtaining the consent of any other commission,
539    board, bureau, or agency of the state or of any political
540    subdivisions, and without any other proceeding or the happening
541    of other conditions.
542          Bonds issued by the Authority under the provisions of this
543    Section shall not be deemed to constitute a debt of the state or
544    of any political subdivision thereof or a pledge of the faith
545    and credit of the state or of any such political subdivision,
546    but such bonds shall be obligations of the District payable
547    solely from the funds herein provided therefor, and a statement
548    to that effect shall be recited on the face of the bonds.
549          Section 12. The District is hereby authorized to fix and
550    revise from time to time rates, fees, and other charges for the
551    use of and for the services furnished or to be furnished by any
552    facilities owned or operated by the District, and such rates,
553    fees, and charges shall not be subject to supervision or
554    regulation by any bureau, board, commission, or other agency of
555    the state or any political subdivision. Such rates, fees, and
556    charges shall be fixed and revised so that the revenues of the
557    District, together with any other funds provided by this Act,
558    will be sufficient at all times:
559          (a) To pay the cost of maintaining, repairing, and
560    operating the facilities owned or operated by the Authority,
561    including reserves for such purposes; and
562          (b) To pay the principal of and the interest on all bonds
563    issued by the Authority under the provisions of this Act as the
564    same shall become due and payable and to provide reserves
565    therefor.
566         
567          Notwithstanding any of the foregoing provisions of this Section,
568    the Authority may enter into contracts relating to the use of or
569    for the services furnished or to be furnished by any facilities
570    which shall not be subject to revision except in accordance with
571    their terms.
572          Section 13. In the discretion of the Authority, each or
573    any issue of bonds may be secured by a trust agreement by and
574    between the District and a corporate trustee, which may be any
575    trust company or bank having the powers of a trust company
576    within or without the state. The resolution authorizing the
577    issuance of the bonds or such trust agreement may pledge the
578    revenues to be resolved from any facilities of the District but
579    shall not convey or mortgage any of such facilities, and may
580    contain such provisions for protecting and enforcing the rights
581    and remedies of the bondholders as may be reasonable and proper
582    and not in violation of law, including covenants setting forth
583    the duties of the District in relation to the acquisition,
584    construction, reconstruction, improvement, maintenance, repairs,
585    operation, and insurance of any such facilities, the fixing and
586    revising of the rates, fees and charges, and the custody,
587    safeguarding, and application of all moneys, and for the
588    employment of counseling engineers in connection with such
589    acquisition, construction, reconstruction, or operation. It
590    shall be lawfu1 for any bank or trust company incorporated under
591    the laws of the state which may act as a depositary of the
592    proceeds of bonds or of revenues to furnish such indemnifying
593    bonds or to pledge such securities as may be required by the
594    District. Such resolution or trust agreement may set forth the
595    rights and remedies of the bondholders and of the trustee, if
596    any, and may restrict the individual right of action by
597    bondholders. Such resolution or trust agreement may contain such
598    other provisions in addition to the foregoing as the Authority
599    may deem reasonable and proper for the security of the
600    bondholders. The Authority may provide for the payment of the
601    proceeds of the sale of the bonds and the revenues of any
602    facilities to such officer, board, or depositary as it may
603    designate for the custody thereof, and for the method of
604    disbursement thereof, with such safeguards and restrictions as
605    it may determine. All expenses incurred in carrying out the
606    provisions of such resolution or trust agreement may be treated
607    as a part of the cost of operation.
608          All pledges of revenues under the provisions of this Act
609    shall be valid and binding from the time when such pledges are
610    made. All such revenues so pledged and thereafter received by
611    the District shall immediately be subject to the lien of such
612    pledges without any physical delivery thereof or further action,
613    and the lien of such pledges shall be valid and binding as
614    against all parties having claims of any kind in tort, contract,
615    or otherwise, against the District, irrespective of whether such
616    parties have notice thereof.
617          Section 14. All moneys received pursuant to the authority
618    of this Act shall be deemed to be trust funds, to be held and
619    applied solely as provided in this Act. The resolution
620    authorizing the issuance of bonds or the trust agreement
621    securing such bonds shall provide that any officer to whom, or
622    bank, trust company, or fiscal agent to which, such moneys shall
623    be paid shall act as trustee of such moneys and shall hold and
624    supply the same for the purposes hereof, subject to such
625    regulations as this Act and such resolution or trust agreement
626    may provide.
627          Section 15. Any holder of bonds issued under the
628    provisions of this Act or of any of the coupons appertaining
629    thereto, and the trustee under any trust agreement, except to
630    the extent the rights herein given may be restricted by the
631    resolution authorizing the issuance of such bonds or such trust
632    agreement, may, either at law or in equity, by suit, action,
633    mandamus, or other proceeding, protect and enforce any and all
634    rights under the laws of the state or granted hereunder or under
635    such resolution or trust agreement, and may enforce and compel
636    the performance of all duties required by this Act or by such
637    resolution or trust agreement to be performed by the Authority
638    or by any officer thereof, including the fixing, charging, and
639    collecting of the rates, fees, and charges for the use of or for
640    the services and facilities furnished by any facilities.
641          Section 16. The Authority is hereby authorized to issue
642    from time to time refunding bonds for the purpose of refunding
643    any bonds of the Authority then outstanding, including the
644    payment of any redemption premium thereon and any interest
645    accrued or to accrue to the date of redemption of such bonds.
646    The Authority is further authorized to issue from time to time
647    bonds of the Authority for the combined purpose of:
648          (a) Refunding any bonds of the Authority then outstanding,
649    including the payment of any redemption premium thereon and any
650    interest accrued or to accrue to the date of redemption of such
651    bonds; and
652          (b) Paying all or any part of the cost of acquiring or
653    constructing any additional facilities or of any improvements.
654    The issuance of such bonds, the maturities and other details
655    thereof, the rights and remedies of the holders thereof, and the
656    rights, powers, privileges, duties, and obligation of the
657    Authority with respect to the same, shall be governed by the
658    foregoing provisions of this Act, insofar as the same may be
659    applicable.
660          Section 17. This Act shall be deemed to provide an
661    additional and alternative method for the doing of the things
662    authorized hereby and shall be regarded as supplemental and
663    additional to powers conferred by other laws, and shall not be
664    regarded as in derogation of or as repealing any powers now
665    existing under any other law, whether general, special, or
666    local, provided, however, that the issuance of revenue bonds or
667    refunding bonds under the provisions of this Act need not comply
668    with the requirements of any other law applicable to the
669    issuance of bonds.
670          Section 18. The erection of any new structures or the
671    alteration of any existing structures that would constitute a
672    hazard to air navigation affecting any facility operated by the
673    District as the same as defined by applicable federal laws, be
674    and the same is hereby prohibited.
675          Section 19. All other general, special, or local laws or
676    parts thereof inconsistent herewith are hereby declared to be
677    inapplicable to the provision of this Act and are repealed as
678    they affect the power and authority of the Titusville-Cocoa
679    Airport Authority to levy, assess, collect, and enforce ad
680    valorem taxes as set forth in this Act.
681          Section 20. The provisions of this Act are severable, and
682    if any of its provisions shall be held unconstitutional by any
683    Court of competent jurisdiction, the decision of such Court
684    shall not affect or impair any of the remaining provisions.
685          Section 21. As the facilities provided for herein are
686    essential to the economic welfare of the inhabitants of the
687    District, and will promote the economic, commercial, industrial,
688    and residential development of said District, and as the
689    exercise of the powers conferred by this Act to effect such
690    purposes constitutes the performance of essential public
691    functions, and as such facilities acquired or constructed under
692    the provisions of this Act will constitute public property used
693    for public purposes, no taxes or assessments shall be levied
694    upon any such facilities. The Legislature hereby finds that the
695    benefits to be derived by properties within the District are
696    equal to the taxes herein imposed, and that all properties
697    within the District shall derive benefits from the operations of
698    the Titusville-Cocoa Airport District.
699          Section 22. The Board of County Commissioners of Brevard
700    County, Florida, and the City of Titusville, Florida, are hereby
701    authorized to regulate the height of structures and natural
702    growth in the vicinity of airports, to create approach zones and
703    other zones for airports, and to adopt airport zoning
704    regulations for airport hazard areas. In adopting such airport
705    zoning regulations, the Board of County Commissioners and the
706    City of Titusville are authorized to make them applicable only
707    to lands within the Titusville-Cocoa Airport District or to the
708    county as a whole. The Board of County Commissioners is
709    authorized, at its option, to delegate the administration and
710    enforcement of said airport zoning law to the Titusville-Cocoa
711    Airport Authority or to such other administrative board as it
712    may choose.
713          Section 23. The following described real property acquired
714    by the Titusville-Cocoa Airport District pursuant to authority
715    granted the Titusville-Cocoa Airport Authority as governing body
716    of said District under Section 6(e) of this Charter shall be
717    used solely for public purposes:
718         
719          A part of the E 1/2 of Section 32, Township 21 South,
720    Range 35 East, and a part of the South 30 acres of the
721    NW 1/4 of the SW 1/4 of Section 33, Township 21 South,
722    Range 35 East, all in Brevard County, Florida,
723    described as follows:
724         
725          Commencing at the point of intersection of the North
726    line of the S 1/2 of the S 1/2 of the SW 1/4 of the NW
727    1/4 of said Section 32, and the East right-of-way line
728    of SINGLETON AVENUE, said point being the Southwest
729    corner of LUNA HEIGHTS, according to the plat thereof,
730    as recorded in Plat Book 18, Page 133, of the public
731    records of Brevard County, Florida, and said point
732    lying 167.98 feet North and 33 feet East of the
733    Northwest corner of the SW 1/4 of the NE 1/4 of said
734    Section 32; from said point of commencement run thence
735    along the boundary of said LUNA HEIGHTS, South 89
736    degrees 53 minutes 51 seconds East, a distance of 5.44
737    feet to the POINT OF BEGINNING of the lands herein
738    described; thence continue South 89 degrees 53 minutes
739    51 seconds East, 627.07 feet to the Northeast corner
740    of said S1/2 of the S 1/2 of the SW 1/4 of the NW 1/4
741    of the NE 1/4 of Section 32; thence North 0 degrees 09
742    minutes 24 seconds East, 167.44 feet to the Northwest
743    corner of the S 1/2 of the SE 1/4 of the NW 1/4 of the
744    NE 1/4 of said Section 32; thence South 89 degrees 53
745    minutes 06 seconds East, 665.58 feet to the Northeast
746    corner of the last mentioned parcel, being also the
747    Southeast corner of said LUNA HEIGHTS; thence South 0
748    degrees 14 minutes 34 seconds West, 335.62 feet to the
749    Southeast corner of said S 1/2 of the SE 1/4 of the NW
750    1/4 of the NE 1/4 of Section 32; thence South 89
751    degrees 52 minutes 58 seconds East along the North
752    line of the S 1/2 of the NE 1/4 of said Section 32, a
753    distance of 946.06 feet to a point; thence South 0
754    degrees 12 minutes 23 seconds West along the East line
755    of lands described in Deed Book 313, Page 101, a
756    distance of 645.00 feet; thence South 89 degrees 52
757    minutes 58 seconds East, 75.00 feet to the Northeast
758    of corner of lands described in Deed Book 343, page
759    143; thence South 0 degrees 12 minutes 23 seconds West
760    694.25 feet to an iron pipe at the Southeast corner
761    thereof, said point lying on the South line of the S
762    1/2 of the NE 1/4 of said Section 32; thence South 89
763    degrees 54 minutes 46 seconds East along said line,
764    112.732 feet to an iron pipe; thence South 0 degrees
765    05 minutes 19 seconds East, 330.00 feet; thence South
766    89 degrees 46 minutes 18 seconds East, 200.00 feet to
767    the Southeast corner of the East 200 feet of the South
768    330 feet of the NE 1/4 of the SE 1/4 of said Section
769    32; thence South 88 degrees 57 minutes 23 seconds
770    East, 483.73 feet to a point in the centerline of OLD
771    DIXIE HIGHWAY; thence along said centerline, South 8
772    degrees 57 minutes 23 seconds East, 126.15 feet to the
773    Point of Curvature of a circular curve concave
774    Northeasterly, having a radius of 320.11 feet; thence
775    Southeasterly along the arc of said curve through a
776    central angle of 34 degrees 52 minutes 38 seconds, a
777    distance of 194.86 feet to a point; thence South 89
778    degrees 54 minutes 41 seconds West, along the South
779    line of AIRPORT ROAD, 590.37 feet to a point on the
780    East line of the NE 1/4 of the SE 1/4 of said Section
781    32; thence South 0 degrees 05 minutes 19 seconds East
782    along said line, 699.10 feet to the Southeast corner
783    of said NE 1/4 of the SE 1/4 of Section 32; thence
784    North 89 degrees 40 minutes 23 seconds West along the
785    South line of the N 1/2 of the SE 1/4 of said Section
786    32, a distance of 2321.00 feet; thence North 0 degrees
787    19 minutes seconds East 170.00 feet; thence North 89
788    degrees 40 minutes 23 seconds West, 229.47 feet to a
789    point 117.60 feet East of the West line of the SE 1/4
790    of said Section 32; thence North 0 degrees 08 minutes
791    53 seconds East, parallel to said West line of the SE
792    1/4 of Section 32, and along the East right-of-way
793    line of SINGLETON AVENUE, as now located, 757.62 feet;
794    thence South 89 degrees 51 minutes 07 seconds East,
795    400.00 feet; thence North 0 degrees 08 minutes 53
796    seconds East, 225.00 feet; thence North 89 degrees 51
797    minutes 07 seconds West, 400.00 feet; thence North 0
798    degrees 08 minutes 53 seconds East along said East
799    line of SINGLETON AVENUE, 15.00 feet; thence South 89
800    degrees 51 minutes 07 seconds East, 400.00 feet;
801    thence North 0 degrees 08 minutes 53 Seconds East
802    808.23 feet; thence North 89 degrees 51 minutes 07
803    seconds West, 400.00 feet to a point 690 feet South of
804    the North line of the SW 1/4 of the NE 1/4 of said
805    Section 32; thence North 0 degrees 08 minutes 53
806    seconds East, along said East right-of-way line of
807    SINGLETON AVENUE, 290.00 feet to the Point of
808    Curvature of a circular curve concave Westerly having
809    a radius of 1633 feet, and a central angle of 14
810    degrees 10 minutes 48 seconds; thence Northerly along
811    the arc of said curve, 404.15 feet to the Point of
812    Reverse Curvature of a circular curve concave
813    Easterly, having a radius of 1142.15 feet, said point
814    lying on the North line of the SW 1/4 of the NE 1/4 of
815    said Section 32; thence Northerly along the arc of
816    said curve through a central angle of 8 degrees 33
817    minutes 40 seconds, a distance of 170.66 feet to the
818    POINT OF BEGINNING, less the right-of-way of OLD DIXIE
819    HIGHWAY. And less the parcel of land occupied by the
820    office and yard of District One, Brevard County Board
821    of County Commissioners, described as follows:
822         
823          Commencing at the Northwest corner of the SW 1/4 of
824    the NE 1/4 of said Section 32, run thence South 89
825    degrees 52 minutes 58 seconds East along the North
826    line of said SW 1/4 of the NE 1/4, 1196.29 feet;
827    thence South degrees 42 minutes 30 seconds East 123.93
828    feet to the POINT OF BEGINNING of the lands herein
829    described; thence North 86 degrees 17 minutes 30
830    seconds East, 515.00 feet; thence South 3 degrees 42
831    minutes 30 seconds East 165.00 feet; thence South 86
832    degrees 17 minutes 30 seconds West 515.O0 feet; thence
833    North 3 degrees 42 minutes 30 seconds West 165.00 feet
834    to the Point of Beginning.
835         
836          And Less a parcel of land described in Official
837    Records Book 686, page 431.
838         
839          And in addition to the above, the right-of-way
840    described in Official Records Book 686, Page 432,
841    public records of Brevard County, Florida.
842         
843          And less a parcel of land occupied by the NORTH
844    BREVARD ANIMAL SHELTER, described as follows:
845    Commencing at the Northwest corner of the SW 1/4 of
846    the NE 1/4 of said Section 32, run thence South 89
847    degrees 52 minutes 58 seconds East along the North
848    line of said SW 1/4 of the NE 1/4, 1196.29 feet;
849    thence South 3 degrees 42 minutes 30 seconds East,
850    123.93 feet to the Northwest corner of the land
851    occupied by the office and yard of DISTRICT ONE,
852    BREVARD COUNTY BOARD OF COUNTY COMMISSIONERS; thence
853    North 86 degrees 17 minutes 30 seconds East along the
854    Northerly boundary of said lands occupied by the
855    office and yard of DISTRICT ONE, a distance of 515.00
856    feet to the POINT OF BEGINNING of the lands herein
857    described; thence continue North 86 degrees 17 minutes
858    30 seconds East, 175.00 feet; thence South 3 degrees
859    42 minutes 30 seconds East 165.00 feet; thence South
860    86 degrees 17 minutes 30 seconds West, 175.00 feet to
861    the Southeast corner of the aforementioned lands
862    occupied by DISTRICT ONE; thence North 3 degrees 42
863    minutes 30 seconds West along the East boundary of
864    said lands, 165.00 feet to the POINT OF BEGINNING.
865         
866          No building or improvement may be constructed or erected on
867    said property which will impair or interfere with the use of the
868    property as a well field for public water supply.
869          Section 4. Except as specifically reenacted herein,
870    chapters 63-1143, 67-1151, 69-863, 70-600, 72-472, 80-457, 81-
871    348, 82-267, and 83-374, Laws of Florida, are repealed.
872          Section 5. This act shall take effect upon becoming a law.