Senate Bill sb2308c1

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    Florida Senate - 2004                           CS for SB 2308

    By the Committee on Natural Resources; and Senator Atwater





    312-2094-04

  1                      A bill to be entitled

  2         An act relating to the Florida Forever Act;

  3         amending s. 259.105, F.S.; providing for

  4         vesting of title to property acquired in

  5         partnership with a local government at the

  6         discretion of the Board of Trustees of the

  7         Internal Improvement Trust Fund; requiring that

  8         local governments must financially contribute

  9         to the purchase of property before title may be

10         jointly vested; requiring that a local

11         government's vested title interest must be

12         commensurate with the local government's

13         financial contribution; providing requirements

14         for purchase agreements for jointly vested

15         lands; providing requirements for title deeds

16         for jointly vested lands; requiring the

17         Department of Environmental Protection to

18         determine the feasibility of retroactively

19         applying jointly vested title to land purchases

20         completed under the Preservation 2000 and

21         Florida Forever programs; requiring that

22         written recommendations be submitted by the

23         department to the President of the Senate, the

24         Speaker of the House of Representatives, and

25         certain committees of the Legislature;

26         providing an effective date.

27  

28  Be It Enacted by the Legislature of the State of Florida:

29  

30         Section 1.  Paragraph (c) of subsection (7) of section

31  259.105, Florida Statutes, is amended to read:

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    Florida Senate - 2004                           CS for SB 2308
    312-2094-04




 1         259.105  The Florida Forever Act.--

 2         (7)

 3         (c)1.  The title to lands acquired under this section

 4  shall vest in the Board of Trustees of the Internal

 5  Improvement Trust Fund, except that title to lands acquired by

 6  a water management district shall vest in the name of that

 7  district and lands acquired by a local government shall vest

 8  in the name of the purchasing local government. The board may,

 9  at the request of a local government, agree to jointly or

10  concurrently share title with a local government that has

11  contributed funds in an amount equal to or greater than 25

12  percent of the purchase price of the property being jointly

13  acquired. The title interest must be commensurate with the

14  financial contribution of the local government. Purchase

15  agreements for lands to be jointly or concurrently vested in

16  the state and a local government must identify the long-term

17  uses and management goals of the property and must contain

18  covenants, reverter clauses, or other restrictions as are

19  necessary to protect the interest of the citizens of the

20  state. Any covenants, reverter clauses, or restrictions

21  contained in the purchase agreement also must be contained in

22  the property deed.

23         2.  By October 1, 2005, the department shall determine

24  the feasibility and cost of retroactively applying the

25  title-sharing provisions of this paragraph to lands jointly

26  acquired with local governments under the Preservation 2000

27  and the Florida Forever programs, notwithstanding the

28  provisions of this paragraph and s. 259.101(3). The department

29  must include the effects of title-sharing on the bond

30  covenants of the Preservation 2000 and the Florida Forever

31  programs. By December 1, 2005, the department's written

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    Florida Senate - 2004                           CS for SB 2308
    312-2094-04




 1  recommendations on the feasibility of retroactively applying

 2  the title-sharing provisions of this paragraph shall be

 3  submitted to the President of the Senate, the Speaker of the

 4  House of Representatives, and the appropriate substantive and

 5  appropriations committees of the Senate and the House of

 6  Representatives.

 7         Section 2.  This act shall take effect upon becoming a

 8  law.

 9  

10          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
11                         Senate Bill 2308

12                                 

13  The committee substitute clarifies that at the request of a
    local government, the Board of Trustees of the Internal
14  Improvement Trust Fund can agree to jointly or concurrently
    share title to lands purchased jointly with a local government
15  under the Florida Forever program.  Local governments must
    contribute a minimum of 25 percent of the purchase price of
16  the property being jointly acquired and title interest is
    commensurate with the financial contribution of that local
17  government.  Purchase agreements for lands to be jointly or
    concurrently vested in the state and a local government must
18  identify the long-term uses and management goals of the
    property.  Purchase agreements and property deeds must contain
19  covenants, reverter clauses, or restrictions which are
    necessary to protect the interests of Florida's citizens.  The
20  committee substitute requires the Department of Environmental
    Protection to determine the feasibility and cost of
21  retroactively applying the title-sharing provisions of the
    bill to lands jointly acquired with local governments under
22  the Preservation 2000 and Florida Forever programs.  In
    determining the feasibility of retroactive application, the
23  department must include the effects, if any, of title-sharing
    on the Preservation 2000 and Florida Forever bond covenants.
24  By December 1, 2005, a written report must be submitted to the
    President of the Senate and the Speaker of the House of
25  Representatives, as well as the appropriate legislative
    committees.
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