Senate Bill sb2762

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2005        (NP)                      SB 2762

    By Senator Campbell





    32-1885-05                                         See HB 1657

  1                      A bill to be entitled

  2         An act relating to the Downtown Development

  3         Authority of the City of Fort Lauderdale,

  4         Broward County; codifying, amending,

  5         reenacting, and repealing chapters 65-1541,

  6         67-1385, 69-1056, 75-371, 80-501, 85-393,

  7         87-507, 89-431, 92-247, 93-392, and 95-531,

  8         Laws of Florida; providing severability;

  9         providing an effective date.

10  

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

12  

13         Section 1.  Pursuant to section 189.429, Florida

14  Statutes, this act constitutes the codification of all special

15  acts relating to the Downtown Development Authority of the

16  City of Fort Lauderdale. It is the intent of the Legislature

17  in enacting this law to provide a single, comprehensive

18  special act charter for the authority, including all current

19  legislative authority granted to the authority by its several

20  legislative enactments and any additional authority granted by

21  this act. It is further the intent of this act to preserve all

22  authority of the authority.

23         Section 2.  Chapters 65-1541, 67-1385, 69-1056, 75-371,

24  80-501, 85-393, 87-507, 89-431, 92-247, 93-392, and 95-531,

25  Laws of Florida, are codified, reenacted, amended, and

26  repealed as herein provided.

27         Section 3.  The charter for the Downtown Development

28  Authority of the City of Fort Lauderdale is reenacted and

29  re-created to read:

30         Section 1.  Definitions.--As used in this act, the

31  following terms shall have the meaning ascribed to them in

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  this section unless the context shall clearly requires

 2  otherwise:

 3         (1)  "Authority" means the Downtown Development

 4  Authority of the City of Fort Lauderdale.

 5         (2)  "Board" means the governing body of the authority

 6  selected as herein provided.

 7         (3)  "Director" means the chief executive officer of

 8  the authority selected by the board as herein provided.

 9         (4)  "City" means the City of Fort Lauderdale.

10         (5)(a)  "Downtown" means the lands described in section

11  2 not being used as a residence.

12         (b)  "Not being used as a residence" means all

13  residential lands not being used as a residence or that

14  portion of nonresidential lands not being used as a

15  residence.  The determination of when land is being used as a

16  residence shall be made and certified by the Executive

17  Director of the Downtown Development Authority at the time the

18  books close for a Downtown Development Authority election or,

19  if the Downtown Development Authority does not hold an

20  election in a particular year, as of January 1 of that year.

21         (c)  "Residence" means a building in which one or more

22  natural persons live.

23         (d)  "Residential" means lands zoned by the City of

24  Fort Lauderdale as R-1-A, R-1, R-1-P, R-2-A, R-2, R-3-A/RM-25,

25  R-3-9, RM-15, R-3/RM-30, R-3-C, R-4/RM-60, or R-4-C.

26         (6)  "Planning board" means the city planning and

27  zoning board.

28         (7)  "Bonds" means any bonds, including refunding

29  bonds, notes, interim certificates, certificates of

30  indebtedness, debentures, and other obligations.

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (8)  "Public facility" means any street, park, parking

 2  lot, playground, right-of-way, structure, waterway, bridge,

 3  lake, pond, canal, utility lines or pipes, and building,

 4  including access routes to any of the foregoing, designed and

 5  dedicated to use by the public generally, or used by any

 6  public agency with or without charge, whether or not the same

 7  is revenue producing.

 8         (9)  "Assessable improvements" includes, without

 9  limitation, any and all land redevelopment and revitalization

10  works and facilities, sewer systems, storm sewers and drains,

11  water systems, streets, roads, or other products of the

12  authority, or that portion or portions thereof, local in

13  nature and of special benefit to the premises or lands served

14  thereby, and any and all modifications, improvements, and

15  enlargements thereof.

16         (10)  "Cost," when used with reference to any project,

17  includes, but is not limited to, the expense of determining

18  the feasibility or practicability of acquisition,

19  construction, or reconstruction; the cost of surveys,

20  estimates, plans, designs, and specifications; the cost of

21  improvements and engineering, fiscal, and legal expenses and

22  charges; the cost of all labor, materials, machinery, and

23  equipment; the cost of all lands, properties, rights,

24  easements, and franchises acquired; federal, state, and local

25  taxes and assessments; financing charges; the creation of

26  initial reserve and debt service funds; working capital;

27  interest charges incurred or estimated to be incurred on money

28  borrowed prior to and during construction and acquisition and

29  for such period of time after completion of construction or

30  acquisition as the board may determine; the cost of issuance

31  of bonds pursuant to this act, including advertisements and

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  printing, the cost of any referendum held pursuant to this

 2  act, and all other expenses of issuance of bonds; discount, if

 3  any, on the sale or exchange of bonds; administrative

 4  expenses; such other expenses as may be necessary or

 5  incidental to the acquisition, construction, or reconstruction

 6  of any project or to the financing thereof, or the development

 7  of any lands within the authority; and reimbursement of any

 8  public or private body, person, firm, or corporation for any

 9  moneys advanced in connection with any of the foregoing items

10  of cost.  Any obligation or expense incurred prior to the

11  issuance of bonds in connection with the acquisition,

12  construction, or reconstruction of any project or improvements

13  thereon, or in connection with any other development of land

14  that the board shall determine to be necessary or desirable in

15  carrying out the purposes of this act, may be treated as a

16  part of such cost.

17         (11)  "Project"  means any development, improvement,

18  property, utility, facility, works road, sidewalk, enterprise,

19  service, or convenience, including, without limitation, public

20  transportation facilities and services, now existing or

21  hereafter undertaken or established, that under the provisions

22  of this act the authority is authorized to construct, acquire,

23  undertake, or furnish for its own use or for the use of any

24  other person, firm, or corporation owning, leasing, or

25  otherwise using the same, for any profit or nonprofit purpose

26  or activity, and shall include, without limitation, such

27  repairs, replacements, additions, extensions, and betterments

28  of and to any project as may be deemed necessary or desirable

29  by the board to place or to maintain such project in proper

30  condition for the safe, efficient, and economic operation

31  thereof.

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (12)  "Public body" means the state or any

 2  municipality, board, commission, authority, district,

 3  department, or any other subdivision or public body of the

 4  state.

 5         (13)  "Federal Government" means the United States of

 6  America or any agency or instrumentality, corporation, or

 7  otherwise of the United States of America.

 8         (14)  "Slum area" means an area in which there is a

 9  predominance of buildings or improvements, whether residential

10  or nonresidential, which by reason of dilapidation,

11  deterioration, age, or obsolescence, inadequate provision for

12  ventilation, light, air, sanitation, or open spaces, high

13  density of population and overcrowding, or the existence of

14  conditions which endanger life or property by fire and other

15  causes or any combination of such factors is conducive to ill

16  health, transmission of disease, infant mortality, juvenile

17  delinquency, or crime, and is detrimental to the public

18  health, safety, morals, or welfare.

19         (15)  "Blighted area" means an area which by reason of

20  the presence of a substantial number of slum, deteriorated, or

21  deteriorating structures, predominance of defective or

22  inadequate street layout, faulty lot layout in relation to

23  size, adequacy, accessibility, or usefulness, unsanitary or

24  unsafe conditions, deterioration of site or other

25  improvements, diversity of ownership, tax or special

26  assessment delinquency exceeding the fair value of the land,

27  defective or unusual conditions of title, or the existence of

28  conditions which endanger life or property by fire and other

29  causes, or any combination of such factors, substantially

30  impairs or arrests the sound growth of a community, retards

31  the provision of housing accommodations, or constitutes an

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  economic or social liability and is a menace to the public

 2  health, safety, morals, or welfare in its present condition

 3  and use.

 4         (16)  "Renewal project" means undertakings and

 5  activities of the authority in a renewal area for the

 6  elimination and prevention of the development or spread of

 7  slums and blight, and may involve slum clearance and

 8  redevelopment in a renewal area, or rehabilitation or

 9  conservation in a renewal area, or any combination or part

10  thereof in accordance with a renewal plan.  Such undertakings

11  and activities may include:

12         (a)  Acquisition of a slum area or a blighted area or

13  portion thereof.

14         (b)  Demolition and removal of buildings and

15  improvements.

16         (c)  Installation, construction, or reconstruction of

17  streets, utilities, parks, playgrounds, and other improvements

18  necessary for carrying out in the renewal area the renewal

19  objectives of this act in accordance with the renewal plan.

20         (d)  Disposition of any property acquired in the

21  renewal area, including sale, initial leasing, or retention by

22  the authority itself, at its fair value for uses in accordance

23  with the renewal plan.

24         (e)  Carrying out plans for a program of voluntary or

25  compulsory repair and rehabilitation of buildings or other

26  improvements in accordance with the renewal plan.

27         (f)  Acquisition of any other real property in the

28  renewal area where necessary to eliminate unhealthful,

29  unsanitary, or unsafe conditions, lessen density, eliminate

30  obsolete or other uses detrimental to the public welfare, or

31  otherwise to remove or prevent the spread of blight or

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  deterioration, or to provide land for needed public

 2  facilities.

 3         (17)  "Renewal area" means a slum area or a blighted

 4  area or a combination thereof which the authority designates

 5  as appropriate for a renewal project.

 6         (18)  "Renewal plan" means a plan, as it exists from

 7  time to time, for a renewal project, which plan:

 8         (a) Shall conform to the general plan for the

 9  municipality as a whole.

10         (b) Shall be sufficiently complete to indicate such

11  land acquisition, demolition, and removal of structures,

12  redevelopment, improvements, and rehabilitation as may be

13  proposed to be carried out in the renewal area; zoning and

14  planning changes, if any; land uses; maximum densities;

15  building requirements; and the plan's relationship to definite

16  local objectives respecting appropriate land uses, improved

17  traffic, public transportation, public utilities, recreational

18  and community facilities, and other public improvements.

19         (19)  "Real property" shall include lands, including

20  improvements and fixtures thereon, and property of any nature

21  appurtenant thereto, or used in connection therewith, and

22  every estate, interest, right, and use, legal or equitable,

23  therein including terms for years and liens by way of

24  judgment, mortgage, or otherwise.

25         (20)  "Obligee" shall include any bondholder, agents,

26  or trustees for any bondholders, or lessor demising to the

27  authority property used in connection with a renewal project,

28  or any assignee or assignees of such lessor's interest or any

29  part thereof, and the Federal Government when it is a party to

30  any contract with the municipality.

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (21)  "Person" means any individual, firm, partnership,

 2  corporation, company, association, joint stock association, or

 3  body politic, and shall include any trustee, receiver,

 4  assignee, or other person acting in a similar representative

 5  capacity.

 6         (22)  "Area of operation" means the downtown.

 7         (23)  "Public officer" means any officer who is in

 8  charge of any department or branch of government relating to

 9  health, fire, or building regulations, or to other activities

10  concerning dwellings in the area.

11         Section 2.  The boundaries of the authority shall

12  include the following lands in the City of Fort Lauderdale,

13  Broward County:

14              1.  All lands not being used as a

15         residence lying north of New River, east of

16         Southwest and Northwest Fourth Avenue, south of

17         Northwest and Northeast Second Street and west

18         of Northeast and Southeast Sixth Avenue;

19              2.  All lands not being used as a

20         residence lying north of Northwest Second

21         Street, east of the Florida East Coast

22         Railroad, south of Northwest Fourth Street, and

23         west of North Andrews Avenue;

24              3.  All lands not being used as a

25         residence lying within one hundred fifty feet

26         of and being in common ownership with any of

27         said boundary streets and avenues (excluding,

28         however, all lands lying east of Southeast

29         Sixth Avenue);

30              4.  All lands not being used as a

31         residence lying south of Northeast Fourth

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Street and within one hundred fifty feet of and

 2         being in common ownership with Northeast Third

 3         Avenue and Northeast Sixth Avenue.  For the

 4         purposes of definition, the words, "common

 5         ownership" contained herein shall be contiguous

 6         to and owned by the same entity; and

 7              5.  All lands not being used as a

 8         residence lying north of Northeast Second

 9         Street, east of Northeast Second Avenue, south

10         of Northeast Sixth Street, and west of Federal

11         Highway, together with all lands not being used

12         as a residence lying north of Southeast Seventh

13         Street, east of the F.E.C. Railroad Tracks,

14         south of Southeast Sixth Court, and west of

15         Federal Highway, as legally described as

16         follows:

17                         PARCEL I

18         All of Blocks 1, 2, 4, 29 and 30, and portions

19         of Blocks 33 and 34, NORTH LAUDERDALE AMENDED,

20         according to the plat thereof recorded in Plat

21         Book 1, Page 182, of the public records of Dade

22         County, Florida; TOGETHER WITH all of the

23         Blocks 2, 31, and 32, NORTH LAUDERDALE AMENDED

24         RE-SUB, according to the plat thereof recorded

25         in Plat Book 5, Page 25, of the public records

26         of Broward County, Florida; ALSO TOGETHER

27         WITH  portions of Blocks A and B, GEORGE M.

28         PHIPPENS SUB., according to the plat thereof

29         recorded in Plat Book B, Page 146, of the

30         public records of Dade County, Florida; ALSO

31         TOGETHER WITH portions of Blocks A and B, FORT

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         LAUDERDALE LAND AND DEVELOPMENT CO., SUB.,

 2         according to the plat thereof recorded in Plat

 3         Book 1, Page 56, of the public records of Dade

 4         County, Florida; AND ALSO TOGETHER WITH

 5         portions of Northeast 3rd Street, Northeast 4th

 6         Street, Northeast 5th Street, Northeast 5th

 7         Avenue, and Northeast 5th Terrace, lying

 8         adjacent to said Blocks, and being all more

 9         fully described as follows:

10         Beginning at the Northwest corner of Lot 26, of

11         said Block 4, thence due South, on the West

12         lines of said Blocks 4 and 29, and extensions

13         thereof, a distance of 1300.00 feet; thence due

14         East, on the North right-of-way line of said

15         Northeast 4th Street, a distance 83.99 feet;

16         thence due South, a distance of 50.00 feet;

17         thence due East, on the South right-of way line

18         of said Northeast 4th Street, a distance of 392

19         feet; thence South 00°01'00" West, on the West

20         lines of Lots 20 and 19, Block A, and the West

21         line of Lot 20, Block B, of said GEORGE M.

22         PHIPPENS SUB., and extensions thereof, a

23         distance of 495.00 feet; thence South 89°57'46"

24         East, on the South lines of Lots 20, 18, 16,

25         14, 12, 10, 8, 6, 4, and 2, Block B, of said

26         GEORGE M. PHIPPENS SUB., and the Easterly

27         extension thereof, a distance of 720.17 feet;

28         thence North 00°01'54" West, on the Southerly

29         extension of the East line of Lot 20, Block A,

30         of said FORT LAUDERDALE LAND AND DEVELOPMENT

31         CO., SUB. and the Northerly extension thereof,

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         a distance of 205.47 feet, thence due West, on

 2         the North right-of-way line of said Northeast

 3         3rd Street, a distance of 25.00 feet; thence

 4         North 00°01'00" East, on the East lines of Lots

 5         7 and 20, Block B, of said FORT LAUDERDALE LAND

 6         AND DEVELOPMENT CO. SUB., and extensions

 7         thereof, a distance of 289.15 feet; thence due

 8         East, on the South right-of-way line of

 9         Northeast  4th Street, a distance of 169.75

10         feet; thence North 00°17'27" East, on the West

11         right-of way line of U.S. Highway No. 1; a

12         distance of 1323.87 feet to the Point of

13         Beginning less the following described

14         land:  Lots 20, 21, 22, 23, 24, 25 and 26,

15         Block "B", FORT LAUDERDALE LAND AND DEVELOPMENT

16         CO. Subdivision of Lots 1 and 2, Block 1, Fort

17         Lauderdale, according to the plat thereof,

18         recorded in Plat Book 1, Page 56, of the public

19         records of Dade County, Florida, and Lots 2 and

20         4, Block "A", GEORGE M. PHIPPEN'S SUBDIVISION

21         of Lots 3, 4, 5 and 6, Block 1, and Lots 3, 4,

22         5, 6, 7, 8, 9 and 10, Block 14, TOWN OF FORT

23         LAUDERDALE, according to the plat thereof,

24         recorded in Plat Book B, Page 146, of the

25         public records of Dade County, Florida.

26                        PARCEL II

27         Lots 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15,

28         16, 17, 18, 19, 20 and 21, HARCOURT, according

29         to the plat thereof, as recorded in Plat Book

30         2, Page 9, of the public records of Broward

31         County, Florida; AND the west one-half (W (1/2)

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         of Federal Highway (US No. 1), lying East of

 2         and adjacent to said Lots 4, 5, 6, 7, 9, 9, 10,

 3         11 and 12; AND the East one-half (E ( 1/2 ) of

 4         S.E. 5th Terrace, lying West of and adjacent to

 5         said Lots 14, 15, 16, 17, 18, 19, 20 and 21.

 6         TOGETHER WITH:

 7         Lots 4, 5, 6, 7, 8, 9, 10, 11 and 12, HENRY

 8         SHACKELFORD AMENDED PLAT SUBDIVISION OF LOTS 2

 9         & 3, BLOCK 57, TOWN OF FORT LAUDERDALE,

10         according to the plat thereof, as recorded in

11         Plat Book 3, Page 3, of the public records of

12         Dade County, Florida; AND the West one-half of

13         S.E. 5th Terrace, lying East of adjacent to and

14         referenced Lots; AND the East one-half of S.E.

15         5th Avenue, lying West of adjacent of above

16         referenced Lots.

17         TOGETHER WITH:

18         Lots 4, 5, 6, 7, 8, 9, 10, 11 and 12,

19         RE-AMENDED PLAT OF HENRY SHACKELFORD'S

20         SUBDIVISION OF LOTS 2 & 3, BLOCK 57, TOWN OF

21         FORT LAUDERDALE, according to the plat thereof,

22         as recorded in Plat Book 3, Page 3 of the

23         public records of Dade County, Florida; AND the

24         West one-half of S.E. 5th Avenue, lying East of

25         adjacent to and referenced Lots; AND the East

26         one-half of S.E. 4th Avenue, lying West of

27         adjacent to the above referenced Lots.

28         AND ALSO TOGETHER WITH:

29         Lots 2, 3, 4, 5, 6, 7, 8 and 9, MRS. DAISY

30         SHACKELFORD'S AMENDED NEW SUBDIVISION OF LOT 4,

31         BLOCK 57, TOWN OF FORT LAUDERDALE, according to

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         the plat thereof, as recorded in Plat Book 1,

 2         Page 165, of the public records of Dade County,

 3         Florida, AND 10.00 foot Alley adjacent to said

 4         Lot 6 and Lots 7, 8 & 9; AND the West one-half

 5         of (W ( 1/2 ) of S.E. 4th Avenue, lying East of

 6         and adjacent to above referenced Lots.

 7         AND ALSO TOGETHER WITH:

 8         Lots 5, 6, 7, 8, 9, 10, 11 and 12, SOUTH

 9         FLORIDA DREDGING COMPANY DIVISION OF LOT 5,

10         BLOCK 57, TOWN OF FORT LAUDERDALE, according to

11         the plat thereof, as recorded in Plat Book 3,

12         Page 27, of the public records of Broward

13         County, Florida; AND 10.00 foot Alley adjacent

14         to Lot 9 and Lots 10, 11 and 12; AND 5.50 foot

15         Alley lying East of and adjacent to above

16         referenced Lots; AND the East one-half (E ( 1/2

17         ) of S.E. 3rd Avenue, lying West of and

18         adjacent to said Lots.

19         AND ALSO TOGETHER WITH:

20         The South 80.00 feet of Lots 2, 4 and 6, Block

21         3, all of Blocks 4, 5 and 6, SUBDIVISION OF

22         BLOCK 56, TOWN OF FORT LAUDERDALE, according to

23         the plat thereof, as recorded in Plat Book 1,

24         Page 63, of the public records of Dade County,

25         Florida; AND the West one-half (W ( 1/2 ) of

26         S.E. 3rd Avenue, lying East of and adjacent to

27         above referenced South 80.00 feet of Lot 2 and

28         said Block 6; AND the East one-half (E ( 1/2 )

29         of S.E. 1st Avenue, lying West of and adjacent

30         to above referenced Block 4; AND the North

31         one-half (N ( 1/2 ) of S.E. 6th Court, lying

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         South of and adjacent to said Lots 2, 4 and 6,

 2         Block 3; AND the South one-half of S.E. 6th

 3         Court, lying North of and adjacent to said

 4         Blocks 4, 5 and 6.

 5         AND ALSO TOGETHER WITH:

 6         Lots 17, 18, 19, 20 and 21, Block 55, TOWN OF

 7         FORT LAUDERDALE, according to the plat thereof,

 8         as recorded in Plat Book "B", Page 40, of the

 9         public records of Dade County, Florida, AND

10         Parcel "A"; AND the East one-half of Andrews

11         Avenue, lying West of and adjacent to said

12         Parcel "A"; AND all that certain 14.00 foot

13         Alley within said Block 55, lying North and

14         East of said Parcel "A"; AND all that certain

15         irregular Alley, lying North of said Parcel "A"

16         and South of said Lot 17.

17         AND ALSO TOGETHER WITH;

18         Lots 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15,

19         16, 17, 18, 19, 20 and 21, Block 54, TOWN OF

20         FORT LAUDERDALE, according to the plat thereof,

21         as recorded in Plat Book "B", Page 40, of the

22         public records of Dade County, Florida; AND the

23         West one-half (W ( 1/2 ) of Andrews Avenue,

24         lying East of and adjacent to said Lots 13, 14,

25         15, 16, 17, 18, 19, 20 and 21; AND the East

26         one-half of S.W. 1st Avenue lying West of and

27         adjacent to said Lots 4, 5, 6, 7, 8, 9, 10, 11

28         and 12; AND all that certain 14.00 foot Alley

29         in said Block 54, lying adjacent to above

30         referenced Lots.

31         AND ALSO TOGETHER WITH:

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Lots 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15,

 2         16, 17, 18, 19 and Lot 20, less the North 25.00

 3         feet thereof, Block 53, TOWN OF FORT

 4         LAUDERDALE, according to the plat thereof, as

 5         recorded in Plat Book "B", Page 40, of the

 6         public records of Dade County, Florida; AND the

 7         West one-half of (W( 1/2 ) of S.W. 1st Avenue,

 8         lying East of and adjacent to said Lots 13, 14,

 9         15, 16, 17, 18, 19 and Lot 20, less the North

10         25.00 feet thereof; AND all of S.W. Flagler

11         Avenue lying West of and adjacent to said Lots

12         4, 5, 6, 7, 8, 9, 10, 11 and 12; AND the East

13         one-half (E ( 1/2 ) of the Florida East Coast

14         Railroad Right-of-Way, lying West of said S.W.

15         Flagler Avenue and South of the Westerly

16         extension of the North line of said Lot 4 and

17         North of the Westerly extension of the

18         Northerly right of way line of S.W. 7th Street.

19         Said lands situate, lying and being in the City

20         of Fort Lauderdale, Broward County, Florida,

21         and containing 24.8679 Acres more or less.

22         6.(a)  All lands not being used a residence

23         lying south of New River, east of the Florida

24         East Coast Railroad, north of Southeast Sixth

25         Street and Southwest Sixth Street, and west of

26         Southeast Sixth Avenue.

27         (b)  All lands not being used a residence lying

28         south of Southeast and Southwest Sixth Streets,

29         east of the Florida East Coast Railroad, and

30         west of Southeast Sixth Avenue, which are

31         situated within one hundred fifty feet (150')

                                  15

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         of and are in contiguous proprietorship with

 2         Southeast or Southwest Sixth Street, upon

 3         approval of the majority of those voting in a

 4         referendum in which those participating are

 5         limited to the electors of the downtown

 6         (including also the lands added to the downtown

 7         by this act) who at the time of the referendum

 8         are owners of freeholds in the downtown (as

 9         hereby expanded), not wholly exempt from

10         taxation, and who are then duly registered for

11         a Downtown Development Authority referendum,

12         according to law.  For the purposes of such

13         referendum, the electors who register only as

14         owners of freeholds which are situated within

15         the lands authorized to be added to the

16         downtown by this act may be separately

17         registered and their votes cast in separate

18         ballot boxes or voting machines (as the case

19         may be) and separately tabulated, in case on or

20         more other questions are being voted upon at

21         such referendum, and such separate registrants

22         shall thus be permitted to vote upon such other

23         question or questions.  If this law is approved

24         at such referendum, such separately registered

25         electors shall be incorporated into the

26         permanent registration of electors of the

27         Downtown Development Authority and their votes

28         then counted on any other question or questions

29         voted upon at such referendum.

30         7.  All of lots 14, 15, 16, 17, 18, 19, 20, 21,

31         22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33,

                                  16

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         34, 35, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47

 2         and 48, and portions of Lots 1, 2, 3, 4, 5, 6,

 3         7, 8, 9, 10, 11, 12, 13, 36 and 37, Block 19,

 4         BRYAN SUBDIVISION of Blocks 5, 8 and 19, of the

 5         Town of Fort Lauderdale, as recorded in Plat

 6         Book 1, Page 18, of the public records of Dade

 7         County, Florida, together with portions of

 8         those certain 10 foot alleys, lying within said

 9         Block 19,

10         TOGETHER WITH all of Lots 2, 3, 4, 5, 6, 7, 8,

11         9, and 10, AND A PORTION OF Lot 1, Block 18,

12         TOWN OF FORT LAUDERDALE, as recorded in Plat

13         Book 8, Page 40, of the public records of Dade

14         County, Florida, together with that portion of

15         a 14-foot alley lying within said Block 18,

16         ALSO TOGETHER WITH all of Lots 1 and 2, T.M.

17         BRYAN SUBDIVISION of Lots 11 and 12, Block 18,

18         Town of Fort Lauderdale, as recorded in Plat

19         Book 3, Page 12, of the public records of Dade

20         County, Florida,

21         ALSO TOGETHER WITH all of Lots 6, 7, 8 and 9,

22         and portions of Lots 1, 2, 3, 4 and 5, Block 1,

23         all of Lots 6, 7, 8, 9, 10 and 11 and portions

24         of Lots 1, 2, 3, 4 and 5, Block 2 KELLY'S

25         RESUBDIVISION, as recorded in Plat Book 16,

26         Page 50, of the public records of Broward

27         County, Florida,

28         ALSO TOGETHER WITH all of Lots 1, 2, 3, 4, 5,

29         6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18,

30         19, 20, 21, 22, 23, 24, A, B and C, HULDA S.

31         HOLMES SUBDIVISION of Block 23, Fort

                                  17

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Lauderdale, as recorded in Plat Book 7, Page

 2         26, of the public records of Broward County,

 3         Florida,

 4         ALSO TOGETHER WITH Lots 1, 2, 3, and 4, and a

 5         portion of Lot 5, Block 24, TOWN OF FORT

 6         LAUDERDALE, as recorded in Plat Book 8, Page

 7         40, of the public records of Dade County,

 8         Florida,

 9         ALSO TOGETHER WITH all of Lots 1, 2, 3, and 4,

10         F.H. BENTON'S SUBDIVISION in Block 24, Town of

11         Fort Lauderdale, as recorded in Plat Book 3,

12         Page 30, of the public records of Broward

13         County, Florida,  together with all that

14         portion of a 10 foot driveway and cul-de-sac of

15         said F. H. BENTON'S SUBDIVISION,

16         ALSO TOGETHER WITH all of Lots 1 and 2, Canal 2

17         and Canal 3 and portions of Lots 6, 7, 8, 9,

18         10, 11 and 13 and Canal No. 1, L.H. BRYAN'S

19         SUBDIVISION of Block 32, of Fort Lauderdale,

20         Florida, as recorded in Plat Book 3, Page 78,

21         of the public records of Dade County, Florida,

22         AND ALSO TOGETHER WITH portions of S.W. Fifth

23         Avenue, S.W. Sixth Avenue, S.W. Second Street,

24         S.W. Second Court, Las Olas Boulevard, N.W.

25         River Drive and North River Street, lying

26         within or adjacent to the above said Blocks and

27         being all more fully described as follows:

28         Commencing at the Northwest corner of Lot 24 of

29         said Block 18, TOWN OF FORT LAUDERDALE, thence

30         South 0°07' 30" East, along the East line of

31         said alley within Block 18, a distance of 15.00

                                  18

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         feet to the Point of Beginning; thence

 2         continuing South 0°07'24" East, along the East

 3         line of said alley a distance of 585.04 feet;

 4         thence South 89°59'02" East, a distance of

 5         40.97 feet, thence South 0°07'24" East, along

 6         the Northerly extension of the East line of the

 7         said F.H. BENTON'S SUBDIVISION, and along the

 8         said East line, a distance of 316.49 feet to a

 9         point on the existing bulkhead forming the

10         Northerly limits of New River; thence Westerly

11         and Southerly along the said existing bulkhead

12         and extensions thereof, the following 11

13         courses and distances: thence North 87°04'09"

14         West, a distance of 37.36 feet; thence South

15         86°43'52" West, a distance of 13.74 feet,

16         thence South 77°14'35" West, a distance of

17         50.12 feet, thence South 73°43'38" West, a

18         distance of 43.15 feet; thence South 54°27'01"

19         West a distance of 67.25 feet; thence South

20         45°58'48" East, a distance of 7.62 feet; thence

21         South 35°35'21" West, a distance of 175.30

22         feet; thence South 7°34'31" West, a distance of

23         51.26 feet; thence South 2°01'02" West, a

24         distance of 25.35 feet, thence South 7°22'59"

25         West, a distance of 205.31 feet, thence South

26         29°18'46" West, a distance of 92.94 feet to the

27         Point of Termination of the said 11 courses and

28         distances; thence North 89°59'37" West, along

29         the Easterly extension of the South line of

30         Canal No. 3 of L.H. BRYAN'S SUBDIVISION and

31         along the said South line and extensions

                                  19

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         thereof, a distance of 211.49 feet to a point

 2         on the Easterly right-of-way line of S.W.

 3         Seventh Avenue and a point on a curve; thence

 4         Northwesterly along the said Easterly

 5         right-of-way line and along a curve to the

 6         right, whose tangent bears North 54°00'36"

 7         West, with a radius of 630.35 feet and a

 8         central angle of 18°52'41", an arc distance of

 9         207.69 feet to a point of compound curve;

10         thence Northwesterly along the said Easterly

11         right-of-way line and along a curve to the

12         right, with a radius of 513.96 feet and a

13         central angle of 35°00'00", an arc distance of

14         313.96 feet to a point of tangency; thence

15         North 0°07'55" West, along the said Easterly

16         right-of-way line and along the line 20.00 feet

17         East of and parallel with the West line of said

18         Block 1 and 2 of said KELLY'S SUBDIVISION and

19         along the line of 20.00 feet East of and

20         parallel with the West line of said Block 19,

21         BRYAN SUBDIVISION of Blocks 5, 8 and 19, a

22         distance of 1008.08 feet to a point of curve;

23         thence Northeasterly along a curve to the

24         right, with a radius of 25.00 feet and a

25         central angle of 90°07'55", an arc distance of

26         39.33 feet to a point of tangency; thence due

27         East, along the South right-of-way line of

28         Broward Boulevard and along the line 15.00 feet

29         South of and parallel with the North line of

30         said Block 19, BRYAN SUBDIVISION of Blocks 5, 8

31         and 19 and said Block 18, TOWN OF FORT

                                  20

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         LAUDERDALE, a distance of 898.88 feet to the

 2         Point of Beginning.

 3         All of the above said land situate, lying and

 4         being in the City of Fort Lauderdale, Broward

 5         County, Florida, and containing 22.8328 acres

 6         more or less.

 7  

 8         Section 3.  (1)  It is the policy of the state to make

 9  it possible for the city to revitalize and preserve property

10  values and prevent deterioration in the downtown area by a

11  system of self-help to correct the blight of such

12  deterioration which has developed there.  The authority hereby

13  created is intended to provide a vehicle whereby property

14  owners who will benefit directly from the results of such a

15  program will bear the substantial cost thereof and thereby

16  local problems may be solved on the local level through the

17  use of machinery provided by local government.

18         (2)  The Legislature hereby finds and declares that the

19  downtown area is a blighted area and that portions therein are

20  slums.  The area constitutes a serious and growing menace,

21  injurious to the public health and the safety, morals, and

22  welfare of the residents, occupants, workers, and property

23  owners of the area; the existence of such slum and blighted

24  conditions contributes substantially and increasingly to the

25  spread of disease and crime, constitutes an economic and

26  social liability imposing onerous municipal burdens which

27  decrease the tax base and reduce tax revenues, substantially

28  impair or arrest the sound growth of said area, retards the

29  provision of housing accommodations, aggravates traffic

30  problems, and substantially impairs or arrests the elimination

31  of traffic hazards and the improvement of traffic facilities;

                                  21

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  and the prevention and elimination of such slums and blight is

 2  a matter of public policy and concern in order that the said

 3  area shall not continue to be endangered by being a focal

 4  center of disease and juvenile delinquency and consume an

 5  excessive proportion of the tax revenue of the city because of

 6  the extra services required for police, fire, accident,

 7  hospitalization, and other forms of public protection,

 8  services, and facilities.

 9         (3)  It is further found and declared that certain

10  portions of the slums and blighted areas require acquisition,

11  clearance, and disposition subject to use restrictions, as

12  provided in this act, since the prevailing condition of

13  deterioration and obsolescence makes impracticable the

14  reclamation thereof by conservation or rehabilitation; that

15  other portions of the downtown may, through the means provided

16  in this act, be susceptible of conservation or rehabilitation

17  in such a manner and the conditions and evils hereinbefore

18  enumerated may be eliminated, remedied, or prevented; and that

19  salvable slum and blighted areas can be conserved and

20  rehabilitated through appropriate public action as herein

21  authorized, and the cooperation and voluntary action of the

22  owners and tenants of the property in such area.

23         (4)  Among the many causes of such slums and blight are

24  the following: automobile traffic flow strangled by outmoded

25  street patterns, proliferation of uncoordinated uses and

26  parking areas, unsuitable topography, faulty lot layouts,

27  fragmentation of land uses and parking areas necessitating

28  frequent automobile movement, lack of separation of pedestrian

29  areas from auto traffic, low level access bridge, frequent

30  bridge openings, air pollution, and excessive noise levels

31  from strangled auto traffic.  Voluntary cooperation for

                                  22

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  coordinated development is impracticable because of

 2  fragmentary ownership, distant absentee ownership, and unusual

 3  conditions of title and other conditions.

 4         (5)  The public safety is endangered by the tendency of

 5  the area to attract and be infested with vagrants, drunkards,

 6  perverts, and roving gangs of vandals.  The area has in recent

 7  months narrowly averted involvement in ghetto riots and

 8  disorders.  In the nighttime the area is dangerous.  The area

 9  is a business ghetto plagued with vacant and deteriorating

10  buildings which are neglected and produce a depressing

11  atmosphere.  Many businesses of all types have left the area

12  for new locations in suburban shopping centers and few

13  businesses have entered to take their places.  The oldest

14  commercial structures in the city are in this area and are

15  obsolete, of inferior construction, and incompatible with

16  modern functional design as is featured in competitive

17  shopping centers.

18         (6)  The area now has few residences and most of the

19  residences which do exist are undersized and of inferior

20  construction which would not be permitted for new construction

21  under the city's building code.  Many former residents have

22  left the area and few suitable residence facilities

23  exist.  The area is predominately commercial and is occupied

24  primarily by day workers who sleep in suburban homes outside

25  the downtown area.  Market studies show that many of these day

26  workers and other people would prefer to reside in the

27  downtown area if blighting influences were removed and

28  suitable residence facilities provided.  However, the total

29  environment of man is the determinant of the quality of life

30  and each segment of environment affects the public health,

31  safety, and morals.  The problems of residential and

                                  23

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  commercial slums and blight are one and the same problem and

 2  the public health, morals, and welfare are no less concerned

 3  with the commercial areas where the day workers spend most of

 4  their daylight hours than with residential areas where the

 5  same individuals spend their nighttime hours.  It is therefore

 6  a necessary and proper function of government to remove slums,

 7  blight, and blighting influences from commercial areas.  The

 8  police power is inadequate to accomplish this purpose.  The

 9  only effective device for removal of the slums and blight of

10  the downtown area is the planning and implementation of

11  planning for appropriate land use, beautification, continuity

12  of planning and aesthetic and technical design concepts, the

13  removal of deteriorated and obsolescent structures, and the

14  reduction of fragmentary control of properties in the

15  area.  To implement such plans requires the exercise of the

16  power of eminent domain so as to assemble land in pursuance of

17  a coordinated program for redevelopment, as authorized by this

18  act, all of which is declared to be a public purpose and for a

19  public use.

20         (7)  The Legislature further finds and declares that

21  the provisions of this act and the powers afforded to the

22  governing board of the authority are essential to guide and

23  accomplish the coordinated, balanced, and harmonious

24  development of the downtown in accordance with existing and

25  future needs; to promote the health, safety, morals, and

26  general welfare of the area and its inhabitants, visitors,

27  property owners, and workers; to establish, maintain, and

28  preserve aesthetic values and preserve and foster the

29  development and display of attractiveness; to prevent

30  overcrowding and congestion; to regulate auto traffic and

31  provide pedestrian safety; to secure safety from fire, storm,

                                  24

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  panic, riot, vandals, and other dangers; to conserve and

 2  provide adequate light and air; and to provide a way of life

 3  which combines the conveniences and amenities of modern living

 4  with the traditions and pleasures of the past.

 5         Section 4.  There is hereby created and established the

 6  Downtown Development Authority of the City of Fort Lauderdale,

 7  which authority shall have all the powers herein provided, and

 8  which shall be a body corporate as well as politic, with power

 9  to sue and be sued in all the courts of this state, and with

10  power to adopt and use a corporate seal.

11         Section 5.  The affairs of the authority shall be under

12  the direct supervision and control of a board of seven

13  members.  Two members shall serve for terms expiring at the

14  end of each year during the period commencing 1976 and ending

15  1978.  One member shall serve for a term expiring at the end

16  of 1975.  Thereafter, members shall be appointed to serve for

17  regular terms of 4 years from the expiration of the terms of

18  their predecessors.  The terms of incumbent members at the

19  time this law takes effect shall not be affected by this law.

20  A member's term shall automatically expire and his or her

21  office shall be deemed vacant for purposes of appointment of a

22  new member if, while in office, he or she shall cease to be

23  qualified for membership under section 6.  Every board member

24  shall continue to hold office until his or her successor has

25  been appointed and has qualified. All appointments of the

26  board shall be made by the city commission.  Appointments made

27  to fill a vacancy during a term of office shall be for the

28  unexpired term only.

29         Section 6.  (1)  Each member of the board shall reside

30  in or have his or her principal place of business in the

31  city.  He or she shall be a landowner in the downtown, a

                                  25

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  leasehold tenant required by the terms of his or her lease to

 2  pay taxes currently on downtown lands, or an officer,

 3  director, or managing agent of a corporation which owns

 4  downtown lands or an interest in downtown lands or which

 5  corporation is a leasehold tenant required by the terms of its

 6  lease to pay taxes currently on downtown lands.  No officer or

 7  employee of the city shall be eligible to serve as a member of

 8  the board while holding other offices in the city or while

 9  employed by the city.  Before assuming the duties of the

10  office, each member shall qualify by taking and subscribing to

11  the oath of office required of officials of the city and by

12  posting a bond in the penal sum of $10,000 payable to the city

13  for use and benefit of the authority, to be approved by the

14  city commission and filed with the city clerk.  The premium on

15  such bond shall be deemed an operating expense of the

16  authority, payable from funds available to it for expenses of

17  operation.

18         (2)  The board shall adopt and promulgate rules

19  governing its procedures and shall hold regular meetings no

20  less often than one a month.  Special meetings may be held

21  when called in the manner provided in the rules of the

22  board.  All meetings of the board shall be open to the

23  public.  Each member of the board shall be paid a salary of $1

24  per year for services on the board, unless the city commission

25  shall otherwise designate such salary and provide from the

26  general funds of the city for such salary.

27         (3)  Pursuant to notice and an opportunity to be heard,

28  an appointed member of the board may be removed for cause by

29  the city commission.  Any such removal shall be subject to

30  review by the circuit court of the circuit having

31  jurisdiction.

                                  26

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Section 7.  The board, subject to the provisions hereof

 2  and subject to other applicable provisions of law, shall have

 3  all powers customarily vested in the board of directors of a

 4  corporation for profit.  It shall exercise supervisory control

 5  over the activities of the director and the staff of the

 6  authority in carrying out the functions authorized hereby.

 7         Section 8.  The board shall have the power to:

 8         (1)  Employ engineers, contractors, consultants,

 9  attorneys, auditors, agents, employees, and representatives as

10  the board may from time to time determine on such terms and

11  conditions as the board may approve and fix their

12  compensations and duties.

13         (2)  Adopt bylaws, rules, resolutions, and orders

14  prescribing the powers, duties, and functions of the officers

15  of the authority, the conduct of the business of the

16  authority, the maintenance of the records, and the form of all

17  other documents and records of the authority.  The board may

18  adopt administrative rules and regulations with respect to any

19  projects of the authority on such notice and public hearing,

20  if any, as the board may determine.

21         (3)  Maintain an office at such place or places as it

22  may designate.

23         (4)  Execute all contracts and other documents, adopt

24  all proceedings, and perform all acts determined by the board

25  to be necessary or desirable to carry out the purposes of this

26  act.  The board may authorize one or more members of the board

27  to execute contracts and other documents on behalf of the

28  board.

29         (5)  Establish and create such departments, boards, or

30  other agencies as from time to time the board may deem

31  necessary or advisable.

                                  27

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (6)  Examine and authorize any officer or agent of the

 2  authority to examine the county tax rolls with respect to the

 3  assessed valuation of the real and personal property within

 4  the downtown area.

 5         (7)  Appoint a director and other staff members who

 6  shall be employed upon recommendation of the director,

 7  prescribe their duties, and fix their compensation which shall

 8  be paid from funds available to the authority in the same

 9  manner as city employees are paid.

10         (8)  Prepare analyses of economic changes taking place

11  upon the downtown area.

12         (9)  Study and analyze the impact of metropolitan

13  growth upon the downtown area.

14         (10)  Plan and propose within the downtown area

15  improvements of all kinds, including, among other things, the

16  renovation, repair, remodeling, reconstruction, or other

17  changes in existing buildings which may be necessary or

18  appropriate to the execution of any such plan which in the

19  opinion of the board will aid in the economic growth of the

20  downtown area.

21         (11)  Implement any plan of development in the downtown

22  area as shall in its judgment be necessary to carry out its

23  functions, provided it is not inconsistent with the city's

24  general plan.

25         (12)  Make and enter into all contracts necessary or

26  incidental to the exercise of its powers and the performance

27  of its duties.

28         (13)  Establish, operate, lease, license, grant, or

29  convey in the downtown area such public facilities as shall in

30  its opinion be feasible and desirable in the implementation of

31  any plan conceived and executed by the board.  Public

                                  28

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  facilities shall also include pedestrian malls, historical

 2  buildings or monuments, and cultural, educational, and

 3  recreational facilities.

 4         (14)  Develop long-range plans designed to halt

 5  deterioration of downtown property values.

 6         (15)  Borrow money at interest on a short-term basis to

 7  pay expenses of operation and to issue evidences of

 8  indebtedness for such loans.

 9         (16)  Retain and fix the compensation of general

10  counsel to advise the board in the proper performance of its

11  duties.  The general counsel shall be a practicing attorney

12  with not less than 10 years' experience in the practice of law

13  in the state.  He or she shall represent the authority in all

14  suits of actions brought by or against the authority involving

15  the jurisdiction, power, duties, functions, or activities of

16  the authority under the terms of this act.  At the request of

17  the city, he or she may also represent the city in any such

18  matters in case the city becomes or desires to become a party

19  to such action.

20         (17)  Incur all or part of the expense of any public

21  improvement made by the city, county, state, or Federal

22  Government, or any agency of them, in exercising powers

23  granted to the authority.

24         (18)  Lend, grant, or contribute funds to the city,

25  county, or Federal Government, or any agency of them.

26         (19)  Enter into agreements with the city, county,

27  state, or other public body respecting action to be taken in

28  the exercise of any of the powers granted to the authority or

29  in furtherance of the objectives of the authority.

30  

31  

                                  29

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Section 9.  In addition to and not in limitation of the

 2  other powers of the authority under law, the authority shall

 3  have the following powers:

 4         (1)  OWNERSHIP AND DISPOSITION OF PROPERTY.--To acquire

 5  property, real, personal, or mixed, within or without the

 6  downtown, in fee simple or any lesser interest or estate, by

 7  purchase, gift, devise, or lease, upon such terms and

 8  conditions as the board may deem necessary or desirable, and

 9  by condemnation, provided the board determines that the use or

10  ownership of such property is necessary in the furtherance of

11  a designated lawful purpose authorized under this law, to

12  acquire title to submerged lands and riparian rights and

13  easements or rights-of-way, with or without restrictions and

14  within or without the limits of the downtown; to make purchase

15  money mortgages and trust deeds and other forms of encumbrance

16  on any property acquired by the authority and to purchase

17  property subject to purchase money mortgages or other

18  encumbrances and to assume such other encumbrances; to

19  mortgage, hold, manage, control, lease, sell, dedicate, grant,

20  or otherwise dispose of the same and of any of the assets and

21  properties of the authority, or any interest therein,

22  including easements and licenses, with or without

23  consideration.

24         (2)  LEASE OF FACILITIES.--Whenever deemed necessary or

25  desirable by the board, to lease as lessor or lessee to or

26  from any person, firm, corporation, association, or body,

27  public or private, any projects of the type that the authority

28  is authorized to undertake and facilities or property of any

29  nature for the use of the authority and to carry out any of

30  the purposes of the authority, subject to limitation of this

31  act.

                                  30

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (3)  REVITALIZATION.--To adopt a plan for the

 2  development, redevelopment, and revitalization of the

 3  downtown, and to modify same, and to undertake and carry out

 4  such plan, provided it is not inconsistent with the city's

 5  general plan.

 6         (4)  AIRPORT FACILITIES.--To own, acquire, construct,

 7  reconstruct, equip, operate, maintain, extend, and improve

 8  airport facilities of all kinds, including, but not limited

 9  to, land fields, hangars, shops, terminals, buildings, and all

10  other facilities necessary or desirable for the landing,

11  taking off, operating, servicing, repairing, and parking of

12  aircraft and helicopters, and the unloading and handling of

13  passengers, mail, express, and freight, together with all

14  necessary appurtenances and equipment and all properties,

15  rights, easements, and franchises relating thereto and deemed

16  necessary or convenient by the board in connection therewith.

17         (5)  RECREATIONAL FACILITIES.--To own, acquire,

18  construct, reconstruct, equip, operate, maintain, extend, and

19  improve parks, playgrounds, picnic grounds, camping

20  facilities, golf courses, athletic fields, marinas, piers,

21  wharves, docks, harbors, boating and fishing facilities,

22  swimming pools, bathing beaches and other water recreational

23  facilities, stadiums, auditoriums, civic centers, aquariums,

24  libraries, museums, recreational centers, convention halls and

25  facilities, radio and television transmission and receiving

26  stations, community antenna television systems, and cultural,

27  recreational, and educational buildings, facilities, and

28  projects of all kinds and descriptions.

29         (6)  PARKING FACILITIES.--To own, acquire, construct,

30  reconstruct, equip, operate, maintain, extend, and improve

31  

                                  31

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  parking facilities, including lots and parking garages, and to

 2  install parking meters.

 3         (7)  ADVERTISING.--To undertake a program of

 4  advertising to the public in promoting the business,

 5  facilities, and attractions within the downtown and the

 6  projects of the authority and to expend monies and undertake

 7  such activities to carry out such advertising and promotional

 8  programs as the board from time to time may determine.

 9         (8)  TRANSPORTATION.--To own, acquire, construct,

10  reconstruct, equip, operate, maintain, extend, and improve

11  common, private, or contract carriers, buses, vehicles,

12  railroads, monorails, airplanes, helicopters, boats, and other

13  transportation facilities whether now or hereafter invented or

14  developed, including, without limitation, novel and

15  experimental facilities such as moving platforms and sidewalks

16  as may be determined from time to time by the board to be

17  useful or appropriate to meet the transportation requirements

18  of the authority and activities conducted within the downtown

19  and to extend such transportation facilities to areas outside

20  the downtown in order to provide transportation to and from

21  the downtown.

22         (9)  ISSUANCE OF BONDS.--To issue general obligation

23  bonds, revenue bonds, assessment bonds, or any other bonds or

24  obligations authorized by the provisions of this act or any

25  other law or any combination of the foregoing to pay all or

26  part of the cost of the acquisition, construction,

27  reconstruction, extension, repair, improvement, maintenance,

28  or operation of any project or combination of projects; to

29  provide for any facility, service, or other activity of the

30  authority; and to provide for the retirement or refunding of

31  

                                  32

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  any bonds or obligations of the authority or for any

 2  combination of the foregoing purposes.

 3         (10)  OTHER POWERS.--In addition to the other powers

 4  specifically provided in this act, the authority shall have

 5  the power to own, acquire, construct, reconstruct, equip,

 6  operate, maintain, extend, and improve such other projects as

 7  the board may in its discretion find necessary or desirable to

 8  accomplish the purposes of this act and to exercise all powers

 9  necessary, convenient, or proper to carry out the purposes of

10  this act.  In connection with any of the projects the

11  authority is authorized to undertake pursuant to the powers

12  and the authorities vested in it by this act, and in order to

13  promote the development and utilization of new concepts,

14  designs, and ideas, the authority shall have the power to

15  examine into, develop, and utilize new concepts, designs, and

16  ideas and to own, acquire, construct, reconstruct, equip,

17  operate, maintain, extend, and improve such experimental

18  public facilities and services.

19         (11)  ROADS, BRIDGES, LIGHTING, AND RELATED OR SIMILAR

20  FACILITIES.--The authority shall have the right and power to

21  acquire, open, extend, construct, reconstruct, pave, operate,

22  improve, and maintain highways, streets, toll roads and

23  bridges, alleys, sidewalks, promenades, boardwalks, malls,

24  esplanades, bridges, tunnels, interchanges, underpasses,

25  overpasses, causeways, and public thoroughfares of all kinds

26  and descriptions (hereinafter collectively and severally

27  referred to as "public roads") and connections to and

28  extension of any and all existing public roads within the

29  downtown area, deemed necessary or convenient by the board to

30  provide access to and efficient development of the territory

31  within the downtown, and to construct and maintain sidewalks

                                  33

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  and street lights along public roads in the downtown and toll

 2  plaza signs and street signs, provided that nothing in this

 3  law shall be construed to give the authority control over city

 4  property.

 5         (12)  CITY COORDINATION.--No authority plan or project

 6  shall be inconsistent with the city general plan or any other

 7  city project, franchise, or facility.  In any case of conflict

 8  of jurisdiction, power, or function, the city charter shall

 9  prevail over this law.  Only the city shall have the right

10  under this law to object to any plan or project of the

11  authority upon the ground of said inconsistency.

12         Section 10.  The board may employ and fix the

13  compensation of the following who, in addition to the general

14  counsel, shall serve at the pleasure of the board:

15         (1)  A director, who shall be a person of good moral

16  character and possessed of a reputation for integrity,

17  responsibility, and business ability.  No member of the board

18  shall be eligible to hold the position of director.  Before

19  entering upon his or her duties of his or her office, the

20  director shall take and subscribe to the oath and furnish bond

21  as required of members of the board.  He or she shall be the

22  chief executive officer of the authority and may be employed

23  on either a full-time or part-time basis, at the board's

24  discretion.  He or she shall not engage in any other business

25  or profession while serving as director unless the board's

26  approval is obtained, but he or she may serve as a director or

27  officer of any civil organization or corporation which has

28  goals or purposes the same as, or similar to, those of the

29  authority.  Subject to the approval of the board, and

30  direction by it when necessary, he or she shall have general

31  supervision over and be responsible for the preparation of

                                  34

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  plans and the performance of the functions of the authority in

 2  the manner authorized herein.  He or she shall attend all

 3  meetings of the board.  In the absence of the director, the

 4  board may designate a qualified person to perform the duties

 5  of the office as acting director.  The director shall furnish

 6  the board with such information or reports governing the

 7  operation of the authority as the board from time to time may

 8  require.

 9         (2)  Upon recommendation of the director, such

10  clerical, technical, and professional assistance, including,

11  but not limited to, engineering, planning, economic research,

12  and other fields as shall in the opinion of the board be

13  necessary to provide for the efficient performance of the

14  functions of the board.

15         (3)  A treasurer, who shall keep the financial records

16  of the authority and who, together with the director, shall

17  approve all vouchers for the expenditure of funds of the

18  authority.  He or she shall perform such other duties as may

19  be delegated to him or her by the board.

20         (4)  A secretary, who shall maintain custody of the

21  official seal and of all records, books, documents, or other

22  papers not required to be maintained by the treasurer.  He or

23  she shall attend all meetings of the board and keep a record

24  of all its proceedings.  He or she shall perform such other

25  duties as may be delegated to him or her by the board.

26         Section 11.  The director shall prepare and submit for

27  the approval of the board a budget for the operation of the

28  authority for the next fiscal year.  The budget shall conform

29  to the fiscal year of the city and shall contain the

30  information required of all city departments.  After approval

31  by the board, a copy of the budget shall be delivered to the

                                  35

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  city by the director with a statement of the millage required

 2  therefor as determined by the board, which millage shall be

 3  levied by the city commission not to exceed the limits fixed

 4  by law.  The operations of the authority shall be financed

 5  from any lawful source, including the following sources:

 6         (1)  Moneys borrowed and to be repaid from other funds

 7  received under the authority of this act.

 8         (2)  Donations and contributions to the authority for

 9  the performance of its functions from any source, public or

10  private.

11         (3)  Revenues from the rental, operation, or sale of

12  assets, facilities, and projects of the authority.

13         (4)  Proceeds of special assessments and an ad valorem

14  tax of property in the downtown area.

15         Section 12.  The city commission is authorized to levy

16  an ad valorem tax on all downtown real and personal property

17  not exceeding 1 mill on the dollar valuation (as such

18  valuations are assessed for the general ad valorem roll of the

19  city) of such property for the purpose of financing the

20  operation of the authority provided that no tax under this law

21  shall be levied upon property which is exempt from taxation by

22  general or constitutional law.  The city tax collector shall

23  transmit funds so collected to the appropriate officer of the

24  city responsible for the handling of the public money who

25  shall deposit same in the city treasury to the credit of the

26  authority.  Such money shall be used for no purpose other than

27  those purposes authorized herein and only upon approval of the

28  board, pursuant to vouchers signed by the director and the

29  treasurer of the authority.  The funds of the authority shall

30  be secured as other public funds are secured.  Other moneys

31  received by the authority shall forthwith be deposited in the

                                  36

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  city treasury to the credit of the authority, subject to

 2  disbursement as herein authorized.

 3         Section 13.  The city commission shall have the power

 4  to assess against the funds of the authority, for the use and

 5  benefit of the general fund of the city, a reasonable pro rata

 6  share of such funds for the cost of handling and auditing,

 7  which assessment when made shall be paid annually by the board

 8  pursuant to an appropriate item in the budget.

 9         Section 14.  No board member nor any employee of the

10  board shall vote or otherwise participate in any matter in

11  which he or she has a financial interest, either direct or

12  indirect.  Such indirect financial interest shall not,

13  however, be deemed to include that indirect financial interest

14  which would accrue to all members of the board solely by

15  virtue of being lessees or owners of property in the downtown

16  area, it being the intent hereof that the prohibition herein

17  shall apply in the event a specific indirect financial

18  interest accrues to one rather than to all members.  When such

19  interest shall appear, it shall be the duty of the board

20  member or employee to make such interest known and he or she

21  shall thenceforth refrain from voting on or otherwise

22  participating in the particular transaction involving such

23  interest.  Willful violation of the provisions hereof shall

24  constitute malfeasance on the part of the board and shall be

25  grounds for instant dismissal of any employee.  The board may,

26  in its rules of procedure, provide for automatic forfeiture of

27  office by a board member for violation hereof.  Any

28  transaction involving a conflict of interest, wherein a

29  violation of this section is involved, may be rendered void at

30  the option of the board.

31  

                                  37

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Section 15.  On December 31, 2030, this law shall

 2  expire and all assets of the authority shall on or before that

 3  date be transferred by the authority to the city.  Any assets

 4  remaining in the hands of the authority on December 31, 2030,

 5  shall automatically devolve upon and become the property of

 6  the city.  In the event there shall be any indebtedness

 7  outstanding against the authority, the city may continue to

 8  levy whatever portion shall be necessary of the tax authorized

 9  by this law to retire such indebtedness.

10         Section 16.  Bonds.--The board is authorized and

11  empowered in order to provide for and carry out the work of

12  this act to raise funds by the issuance of bonds of the same

13  types and in the same manner with the same power and authority

14  and subject to the same limitations as is now provided by

15  statute for the issuance of bonds by the city, provided that

16  the board and its staff and agents shall perform all of the

17  governmental functions to be done with regard to the

18  bonds.  The aggregate amount of the bonded indebtedness shall

19  at no time exceed 15 percent of the assessed valuation of the

20  taxable property in the downtown area at the time of

21  issuance.  The term of the bonds may exceed beyond the life of

22  the authority if the city shall have agreed to service and pay

23  the bonds after the expiration of the authority.  In that

24  event, after the authority expires, the city shall continue to

25  levy and collect the same special tax which is authorized by

26  this law to be levied and collected for the authority and use

27  the revenue therefrom for the retirement of the bonds and

28  expense necessary in connection with servicing the bonds until

29  the bonds are retired.  Any excess revenue remaining after

30  retirement of the bonds shall be transferred to the general

31  

                                  38

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  revenue fund of the city and such special tax shall not be

 2  levied in any subsequent year.

 3         Section 17.  Eminent domain.--The board shall have the

 4  right to acquire by condemnation any interest in real

 5  property, including a fee simple title thereto, which it may

 6  deem necessary for the action of the authority or for the

 7  performance of its lawful functions under this act.  Said

 8  authority may exercise the power of eminent domain in the

 9  manner provided in chapters 73 and 74, Florida Statutes, and

10  acts amendatory thereof or supplementary thereto, or it may

11  exercise the power of eminent domain in the manner now or

12  which may be hereafter provided by any other statutory

13  provision for the exercise of the power of eminent

14  domain.  Property already devoted to a public use may be

15  acquired in like manner. However, no real property belonging

16  to the state, or any political subdivision thereof, may be

17  acquired without consent.

18         Section 18.  (1)  CALLING REFERENDA.--Whenever by law

19  or for the convenience of administration of the authority a

20  referendum of electors is needed for the authority, the board

21  shall pass a resolution calling and providing for a referendum

22  to be held in the downtown within 3 months after the date of

23  the resolution.  The resolution shall provide for one or more

24  polling or voting places.  The board shall cause notice of

25  said referendum to be given by publishing said notice for 2

26  consecutive weeks in a newspaper published in the city which

27  is of general circulation in the downtown area.  The first

28  publication shall occur not more than 42 and not less than 21

29  days prior to the date of the referendum.  Said notice shall

30  designate the polling place or places for said

31  referendum.  The board shall make all necessary arrangements

                                  39

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  for holding the referendum and shall declare the result

 2  thereof.  The board shall appoint such inspectors and clerks

 3  for each polling place as it deems necessary.  Form of the

 4  ballot at such referendum shall be determined by the board.

 5         (2)  CANVAS OF RETURNS; CERTIFICATES OF

 6  REFERENDUM.--The result of the voting of each polling place

 7  when ascertained shall be certified by return in duplicate,

 8  signed by the clerk and by the majority of inspectors of

 9  referendum and transmitted to the board at a meeting to be

10  held on a day following the referendum. At said meeting, the

11  board shall canvas the returns and the result as shown by such

12  returns shall be by the board declared to be the result of the

13  referendum.  One copy of the board's declaration, including a

14  copy of the returns of each polling place, shall be promptly

15  filed with the city clerk, together with a copy of proof of

16  publication of the notice of the referendum.

17         (3)  LEGISLATIVE FINDINGS.--The Legislature finds that

18  the activities and functions of the authority are essentially

19  public works and are not concerned with political or

20  governmental purposes.  For these reasons the authority is

21  denied police powers.  The right to participate in referenda

22  of the authority is more of a private or property right than a

23  public or political right.  It is the purpose of the

24  Legislature to grant to those who will have to pay the costs

25  of the improvements a voice commensurate with that cost.

26         (4)  ELECTORS OF DOWNTOWN, VOTING.--The referendum

27  shall be conducted with written ballots unless the board by

28  resolution prescribes the use of voting machines.  At the

29  referendum, the duly registered owner of each freehold within

30  the downtown shall represent one share and the owner of each

31  share shall be entitled to one vote for each $10,000 or

                                  40

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  fraction thereof of the nonexempt assessed valuation of the

 2  freehold within the downtown, according to the last certified

 3  tax assessment roll of Broward County at the time of the

 4  referendum.  In case record title to land is in a trustee, the

 5  trustee shall be deemed the owner for the purposes of this

 6  law.  Ownership shall not include reversions, remaindermen,

 7  trustees other than persons owning a freehold estate as of

 8  deed of record, or mortgagees, but they shall be represented

 9  by the owner of the freehold estate.  In case of undivided

10  multiple ownership of any sort, a majority (in value) of the

11  registered owner may, by written proxy, designate one person

12  to serve as elector for that share and unless an elector be so

13  designated by the majority, the vote of that share shall not

14  be accepted.  In case of ownership by a corporation, the

15  corporation may, by proxy, designate an elector to vote the

16  ownership of the corporation.  Electors may vote by proxy in

17  writing.  An executed copy of each proxy shall be filed with

18  the clerk by the elector at time of voting under that proxy.

19         (5)  REGISTRATION OF ELECTORS.--The director shall be

20  the registration officer for the authority and shall register

21  all persons (including corporations) applying to him or her

22  who are qualified as full or part owners of a freehold in the

23  downtown area which is not wholly exempt from taxation.  At

24  the time of registration the applicant shall exhibit to the

25  director evidence of ownership satisfactory to the director,

26  including, in addition, an accurate reference to the official

27  record book and page or other precise place in the public

28  records of Broward County, which the evidence of ownership

29  shall have been duly recorded.  No application for

30  registration shall be accepted whose evidence of ownership is

31  not recorded in the public records (including court records)

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  of Broward County.  The board may designate one or more

 2  deputies to be the registration officer in the absence or

 3  illness of the director.  In case of application for

 4  registration for a share or partial undivided interest in a

 5  share already registered in the name of another, the

 6  registration officer, upon being satisfied by the evidence

 7  exhibited that the ownership has been duly transferred to the

 8  new applicant, shall mail a notice of cancellation of

 9  registration to the existing registrant at the address shown

10  on the official registration record as the address of the

11  registrant's place of residence (or corporation's principal

12  place of business) notifying the registrant that the

13  registration will be canceled unless, within 10 days after the

14  mailing of such notice, the registrant shall appear in person

15  or by representative in person before the registration officer

16  and show by evidence satisfactory to the registration officer

17  that the registrant still owns all or a part of the share in

18  question.  If no objection in person is received by the

19  registration officer within such 10-day period, he or she

20  shall promptly so notify the new applicant by mail whose

21  registration will be accepted upon renewal of the application

22  within 10 days after the mailing of such notice.  In case

23  timely objection is duly made by the existing registrant, the

24  registration officer shall determine the true ownership on the

25  basis of the evidence reasonably available to him or her and

26  reject or accept the applicant as the circumstances warrant,

27  promptly notifying the existing registrant of the

28  decision.  No application for change of registration for any

29  share shall be accepted within 15 days of the referendum

30  unless accompanied by written consent of the existing

31  registrant, duly acknowledged in the manner required by law

                                  42

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  for instruments recorded in the public records of the county,

 2  and unless applied for before the day of the referendum.  If

 3  it shall be made known to the director that an existing

 4  registrant has died or he or she has parted with his or her

 5  title to the downtown, the director shall issue a notice of

 6  cancellation in the same manner as is provided in the case of

 7  a new applicant for an existing registrant and the

 8  registration shall be canceled in the same manner in the

 9  absence of objection, except that the time for objection in

10  such case shall be 30 days.

11         (6)  EMPLOYMENT OF OUTSIDE AGENCIES.--The board may pay

12  reasonable compensation to the Broward County Supervisor of

13  Elections and the Broward County Property Appraiser for

14  services rendered to the authority in connection with

15  registration for and conduct of a referendum.  The board may

16  also employ the services of an abstract or title company for

17  assistance in ascertaining the identity of ownership.

18         Section 19.  The authority may provide for the

19  construction or reconstruction of assessable improvements and

20  for the levying of special assessments upon benefited property

21  for the payment thereof under the provisions of this section.

22         (1)  The initial proceeding under this section shall be

23  the passage by the board of a resolution ordering the

24  construction or reconstruction of such assessable improvements

25  indicating the location by terminal points, routes, or

26  otherwise, and either giving a description of the improvements

27  by their material, nature, character, and size or giving two

28  or more descriptions with the directions that the material,

29  nature, character, and size shall be subsequently determined

30  in conformity with one of such descriptions.  Assessable

31  improvements need not be continuous and may be in more than

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  one locality or street.  The resolution ordering any such

 2  improvement may give any short and convenient designation to

 3  each improvement ordered thereby, and the property against

 4  which assessments are to be made for the cost of such

 5  improvement may be designated as an assessment district,

 6  followed by a letter or number or name to distinguish it from

 7  the other assessment districts, after which it shall be

 8  sufficient to refer to such improvement and property by such

 9  designation in all proceedings and assessments, except in the

10  notices required by this section.

11         (2)  As soon as possible after the passage of such

12  resolution, the director shall prepare or cause to be prepared

13  in duplicate plans and specifications for each improvement

14  ordered thereby and an estimate of the cost thereof.  Such

15  cost shall include, in addition to the items of cost as

16  defined in this act, the cost of relaying streets, sidewalks,

17  and other public facilities or conveniences necessarily torn

18  up or damaged and the following items of incidental expenses:

19         (a)  Printing and publishing notices and proceedings.

20         (b)  Costs of abstracts of title.

21         (c)  Any other expense necessary or proper in

22  conducting the proceedings and work provided for in this

23  section, including the estimated amount of discount, if any,

24  upon the sale of assessment bonds or any other obligations

25  issued hereunder for which such special assessments are to be

26  pledged.  If the resolution shall provide alternative

27  descriptions of material, nature, character, and size, such

28  estimate shall include an estimate of the cost of the

29  improvement of each such description.

30  

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  The director shall also prepare or cause to be prepared in

 2  duplicate a tentative apportionment of the estimated total

 3  cost of the improvement as between the district and each lot

 4  or parcel of land subject to special assessment under the

 5  resolution, such apportionment to be made in accordance with

 6  the provisions of the resolution and in relation to

 7  apportionment of cost provided herein for the preliminary

 8  assessment roll.  Such tentative apportionment of total

 9  estimated cost shall not be held to limit or restrict the

10  duties of the director in the preparation of such preliminary

11  assessment roll.  One of the duplicates of such plans,

12  specifications, and estimates and such tentative apportionment

13  shall be filed with the board and the other duplicate shall be

14  retained by the director in his or her files, all thereof to

15  remain open to public inspection.  In performing the duties of

16  assessment and apportionment of costs, the director may employ

17  and utilize such technical consultants as may be necessary,

18  including, but not limited, to engineers, architects,

19  planners, economists, and appraisers.

20         (3)  The board upon the filing with it of such plans,

21  specifications, estimates, and tentative apportionment of cost

22  shall publish once in a newspaper or newspapers published or

23  of general circulation in the downtown a notice stating that

24  at a meeting of the board on a certain day and hour, not

25  earlier than 15 days from such publication, the board will

26  hear objections of all interested persons to the confirmation

27  of such resolution, which notice shall state in brief and

28  general terms a description of the proposed assessable

29  improvements with the location thereof, and shall also state

30  that plans, specifications, estimates, and tentative

31  apportionment of cost thereof are on file with the board.  The

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  board shall keep a record in which shall be inscribed, at the

 2  request of any person, firm, or corporation having or claiming

 3  to have any interest in any lot or parcel of land or property,

 4  the name and post office address of such person, firm, or

 5  corporation, together with a brief description or designation

 6  of such lot or parcel, and it shall be the duty of the board

 7  to mail a copy of such notice to such person, firm, or

 8  corporation at such address at least 10 days before the time

 9  for the hearing as stated in such notice, but the failure of

10  the board to keep such record or so to inscribe any name or

11  address or to mail any such notice shall not constitute a

12  valid objection to holding the hearing as provided in this

13  section or to any other action taken under the authority of

14  this section.

15         (4)  At the time named in such notice, or to which an

16  adjournment may be taken by the board, the board shall receive

17  any objections of interested persons and may then or

18  thereafter repeal or confirm such resolution with such

19  amendments, if any, as may be desired by the board and which

20  do not cause any additional property to be specially assessed.

21         (5)  All objections to any such resolution on the

22  ground that it contains items which cannot be properly

23  assessed against property, or that it is, for any default or

24  defect in the passage or character of the resolution or the

25  plans or specifications or estimates, void or voidable in

26  whole or in part, or that it exceeds the power of the board,

27  shall be made in writing in person or by attorney, and filed

28  with the board at or before the time or adjourned time of such

29  hearing.  Any objections against the making of any assessable

30  improvements not so made shall be considered waived, and if

31  any objection shall be made and overruled or shall not be

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  sustained, the confirmation of the resolution shall be the

 2  final adjudication of the issues presented unless proper steps

 3  shall be taken in the Circuit Court for the Seventeenth

 4  Circuit to secure relief within 20 days.

 5         (6)  Whenever any resolution providing for the

 6  construction or reconstruction of assessable improvements and

 7  for the levying of special assessments upon benefited property

 8  for the payment thereof shall have been confirmed, as

 9  hereinabove provided, or at any time thereafter, the board may

10  issue assessment bonds payable out of such assessments when

11  collected.  Said bonds shall mature not later than 2 years

12  after the last installment in which said special assessments

13  may be paid, as provided in subsection (10), and may bear

14  interest.  Such assessment bonds shall be executed, shall have

15  such provisions for redemption prior to maturity, shall be

16  sold in the manner and be subject to all of the applicable

17  provisions contained in this act for revenue bonds, except as

18  the same are inconsistent with the provisions of this

19  section.  The amount of such assessment bonds for any

20  assessable improvement, after the confirmation of the initial

21  resolution, shall not exceed 80 percent of the estimated

22  amount of the cost of such assessable improvements which are

23  to be specially assessed against the land or property to be

24  specially benefited thereby, as shown in the estimates of the

25  director of the authority referred to in subsection (2).  The

26  amount of such assessment bonds for any assessable improvement

27  to be issued, after the confirmation of the preliminary

28  assessment roll provided for in subsection (9), including any

29  assessment bonds theretofore issued, shall not exceed the

30  amount of special assessments actually confirmed and levied by

31  the board as provided in subsection (9). Such assessment bonds

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  shall be payable from the proceeds of the special assessments

 2  levied for the assessable improvement for which such

 3  assessment bonds are issued, provided, however, that the

 4  director may pledge the full faith and credit of the authority

 5  for the payment of the principal of and interest on such

 6  assessment bonds if the issuance of such assessment bonds

 7  shall be approved in the manner provided by law.

 8         (7)  After the passage of the resolution authorizing

 9  the construction or reconstruction of assessable improvements

10  has been confirmed as provided in subsection (4), the

11  authority may proceed with the construction or reconstruction

12  work in accordance with the provisions of this act.  Promptly

13  after the completion of the work, the director for the

14  authority, who is hereby designated as the official of the

15  authority to make preliminary assessment of benefits from

16  assessable improvements shall prepare a preliminary assessment

17  roll and file the same with the board, which roll shall

18  contain the following:

19         (a)  A description of the lots and parcels of land or

20  property within the authority which will benefit from such

21  assessable improvements and the amount of such benefits to

22  each such lot or parcel of land or property, and the

23  preliminary assessment.  Such lots and parcels shall include

24  the property of the county or counties and any school district

25  or other political subdivision within the authority.  There

26  shall also be given the name of the owner of record of each

27  lot or parcel where practicable, and a statement of the method

28  of assessment used by the director.

29         (b)  The total cost of the improvement and the amount

30  of incidental expense.

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  In making such preliminary assessments, the director may use

 2  any method of determining the amount of special benefits

 3  accruing to each lot or parcel of land or property from such

 4  assessable improvements as shall be approved by the

 5  board.  Such special benefits may be based on an area

 6  assessment where benefits from such assessable improvements

 7  are equal or nearly equal for lands of property in a

 8  particular area, front footage, square footage of structures,

 9  cubic measurement of structures, potential uses, or any other

10  factors which the board deems fair and equitable as between

11  the different lots or parcels of land or property

12  benefited.  It shall be the duty of the director in making

13  such preliminary assessment roll to view all lots or parcels

14  of land or property to be assessed, and to determine, for the

15  preliminary assessment roll, the amount of benefit which each

16  lot or parcel of land or property will receive from such

17  assessable improvements, under the method or methods

18  prescribed by the board, or any combination thereof.

19         (8)  The preliminary roll shall be advisory only and

20  shall be subject to the action of the board as hereinafter

21  provided.  Upon the filing with the board of the preliminary

22  assessment roll, the board shall publish at least once in a

23  newspaper or newspapers published or of general circulation

24  within the downtown, a notice stating that at a meeting of the

25  board to be held on a certain day and hour, not less than 15

26  days from the date of such publication, which meeting may be a

27  regular, adjourned, or special meeting, all interested persons

28  may appear and file written objections to the confirmation of

29  such roll.  Such notice shall state the class of the

30  assessable improvements and the location thereof by terminal

31  points, route, or otherwise. The board shall also mail a copy

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  of such notice to the persons, firms, or corporations referred

 2  to in subsection (3) at least 10 days before the time for the

 3  meeting as stated in such notice, but the failure of the board

 4  to mail any such notice shall not constitute a valid objection

 5  to holding such meeting or to any other action taken under the

 6  authority of this section.

 7         (9)  At the time and place stated in such notice, the

 8  board shall meet and receive the objections in writing of all

 9  interested persons as stated in such notice.  The board may

10  adjourn the hearing from time to time.  After the completion

11  thereof the board shall either annul or sustain or modify in

12  whole or in part the preliminary assessment as indicated on

13  such roll, either by confirming the preliminary assessment

14  against any or all lots or parcels described therein or by

15  canceling, increasing, or reducing the same, according to the

16  special benefits which the board decides each such lot or

17  parcel has received or will receive on account of such

18  improvement.  If any property which may be chargeable under

19  this section shall have been omitted from the preliminary

20  roll, or if the preliminary assessment shall not have been

21  made against it, the board may place on such roll an

22  apportionment to such property.  The board shall not confirm

23  any assessment in excess of the special benefits to the

24  property assessed, and the assessments so confirmed shall be

25  in proportion to the special benefits.  The assessment so made

26  shall be final and conclusive as to each lot or parcel

27  assessed unless proper steps be taken within 30 days in the

28  Circuit Court for the Seventeenth Circuit to secure

29  relief.  If the assessment against any property shall be

30  sustained or reduced or abated by the court, the board shall

31  note that fact on the assessment roll opposite the description

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  of the property affected thereby.  The amount of the special

 2  assessment against any lot or parcel which may be reduced or

 3  abated by the court, unless the assessment upon the entire

 4  authority be reduced or abated, or the amount by which such

 5  assessment is so reduced or abated, may by resolution of the

 6  board be made chargeable against the authority at large; or,

 7  at the discretion of the board, a new assessment roll may be

 8  prepared and confirmed in the manner hereinbefore provided for

 9  the preparation and confirmation of the original assessment

10  roll.

11         (10)  Any assessment may be paid at the office of the

12  board within 60 days after the confirmation thereof, without

13  interest. Thereafter all assessments shall be payable at such

14  times, over such period of years not exceeding 20 years, and

15  in such annual or other installments with interest at such

16  rate not exceeding 8 percent per annum on the principal amount

17  of such assessments from the expiration of said 60 days, as

18  the board shall determine by resolution.  The board may

19  provide that any assessment may be paid at any time before due

20  together with interest accrued thereon to the date of

21  prepayment, if such prior payment shall be permitted by the

22  proceedings authorizing any assessment bonds or other

23  obligations for the payment of which such special assessments

24  have been pledged.

25         (11)  All such special assessments shall be collected

26  by the city tax collector, or by such other officer or agent

27  as the board may designate, at such time or times as the board

28  shall specify in the proceedings authorizing or confirming the

29  special assessments, and if no other time is specified then at

30  the same time as general city taxes are collected in the city.

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (12)  All assessments shall constitute a lien upon the

 2  property so assessed from the date of confirmation of the

 3  resolution ordering the improvement, of the same nature and to

 4  the same extent as the lien for general city taxes falling due

 5  in the same year or years in which such assessment or

 6  installments thereof fall due, and any assessment or

 7  installment not paid when due shall be collectible with such

 8  interest and with a reasonable attorney's fee and costs, but

 9  without penalties, by the authority by proceedings in the

10  Circuit Court for the Seventeenth Circuit to foreclose the

11  lien of assessments, as a lien for mortgages is or may be

12  foreclosed under the laws of the state, provided that any such

13  proceedings to foreclose shall embrace all installments of

14  principal remaining unpaid with accrued interest thereon,

15  which installments shall, by virtue of the institution of such

16  proceedings, immediately become due and

17  payable.  Nevertheless, if prior to any sale of the property

18  under decree of foreclosure in such proceedings, payment be

19  made of the installment or installments which are shown to be

20  due under the provisions of the resolution passed pursuant to

21  subsections (9) and (10), and all costs including interest and

22  attorney's fees, such payment shall have the effect of

23  restoring the remaining installments to their original

24  maturities, and the proceedings shall be dismissed.  It shall

25  be the duty of the authority to enforce the prompt collection

26  of assessments by the means herein provided, and such duty may

27  be enforced at the suit of any holder of bonds issued under

28  this act in the Circuit Court for the Seventeenth Circuit by

29  mandamus or other appropriate proceedings or action.  Not

30  later than 30 days after any installments are due and payable,

31  it shall be the duty of the board to direct the attorney or

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  attorneys whom the board shall then designate to institute

 2  action within 2 months after such direction to enforce the

 3  collection of all special assessments for assessable

 4  improvements made under this section and remaining due and

 5  unpaid at the time of such direction.  Such action shall be

 6  prosecuted in a manner and under the conditions in and under

 7  which mortgages are foreclosed under the laws of the

 8  state.  It shall be lawful to join in one action the

 9  collection of assessments against any or all property assessed

10  by virtue of the same assessment roll unless the court shall

11  deem such joinder prejudicial to the interests of any

12  defendant.  The court shall allow a reasonable attorney's fee

13  for the attorney or attorneys of the authority, and the same

14  shall be collectible as a part of or in addition to the costs

15  of the action.  At the sale pursuant to decree in any such

16  action, the authority may be a purchaser to the same extent as

17  an individual person or corporation, except that the part of

18  the purchase price represented by the assessments sued upon

19  and the interest thereon need not be paid in cash.  Property

20  so acquired by the authority may be sold or otherwise disposed

21  of, the proceeds of such disposition to be placed in the fund

22  provided by subsection (13) of this section, provided,

23  however, that no sale or other disposition thereof shall be

24  made unless the notice calling for bids therefor to be

25  received at a stated time and place shall have been published

26  at least once in a newspaper or newspapers published or of

27  general circulation in the downtown.

28         (13)  All assessments and charges made under the

29  provisions of this section for the payment of all or any part

30  of the cost of any assessable improvements for which

31  assessment bonds shall have been issued under the provisions

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  of this law, or which have been pledged as additional security

 2  for any other bonds or obligations issued under this act,

 3  shall be maintained in a special fund or funds and be used

 4  only for the payment of principal or interest on such

 5  assessment bonds or other bonds or obligations.

 6         (14)  Subject to the terms of any bonds or other

 7  obligation payable from or secured by the assessments provided

 8  for herein, the board may at any time and from time to time

 9  modify, in whole or in part, or revoke any plan or

10  specification for any assessable improvement.  In connection

11  with the revision of any such plan or specification, benefits

12  may be reassessed or additional assessments made in accordance

13  with the provisions and procedures of this section.  The board

14  may at any time approve and make effective technical changes

15  and modifications of any plan for any improvement not

16  affecting the determination of assessed benefits or the

17  security of bond owners.

18         Section 20.  Encouragement of private enterprise.--The

19  authority, to the greatest extent it determines to be feasible

20  in carrying out the provisions of this act, shall afford

21  maximum opportunity, consistent with the sound needs of said

22  authority as a whole, to the rehabilitation or redevelopment

23  of the renewal area by private enterprise.  The authority

24  shall give consideration to this objective in exercising its

25  powers under this act, including the approval of renewal plans

26  (consistent with the general plan of the city), the

27  enforcement of restrictions, regulations, and agreements

28  relating to the use of land and the use and occupancy of

29  buildings and improvements, the disposition of any property

30  acquired, and the provision of necessary public improvements.

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         Section 21.  Workable program.--The authority for the

 2  purposes of this act may cooperate with the city, or with

 3  Broward County, in the formulation of a workable program for

 4  community improvements, utilizing appropriate private and

 5  public resources to eliminate and prevent the development or

 6  spread of slums and urban blight, to encourage needed urban

 7  rehabilitation, to provide for the redevelopment of slum and

 8  blighted areas, or to undertake such of the aforesaid

 9  activities or other feasible municipal activities as may be

10  suitably employed to achieve the objectives of such workable

11  program.  Such workable program may include, without

12  limitation, provisions for:  the prevention of the spread of

13  blight into areas of the authority which are free from blight

14  through diligent enforcement of housing, zoning, and occupancy

15  controls and standards; the rehabilitation or conservation of

16  slum and blighted areas or portions thereof by replanning,

17  removing congestion, providing parks, playgrounds, and other

18  public improvements, by encouraging voluntary rehabilitation,

19  and by compelling the repair and rehabilitation of

20  deteriorated or deteriorating structures; and the clearance

21  and redevelopment of slum and blighted areas or portions

22  thereof.

23         Section 22.  Renewal projects and plans.--

24         (1)  The authority shall not approve a renewal project

25  for a renewal area unless the board has, by resolution,

26  determined such area to be a slum area or a blighted area or a

27  combination thereof and designated such area as appropriate

28  for a renewal project.  Said board shall not approve a renewal

29  plan until a general plan for the downtown has been

30  prepared.  For this purpose and other authority purposes,

31  authority is hereby vested in said authority to prepare, to

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  adopt, and to revise from time to time a general plan for the

 2  physical development of the downtown as a whole (giving due

 3  regard to the environs and metropolitan surroundings),

 4  provided, however, that the Legislature finds that all of the

 5  requirements of a general plan for the physical development of

 6  the downtown have been fulfilled by the Plans and Proposals of

 7  either Concepts A or B of the 1967 Fort Lauderdale Central

 8  Area Study prepared for the authority by Victor Gruen,

 9  Architect, F.A.I.A.  The authority may revise said general

10  plan from time to time and may adopt another general plan.

11         (2)  The authority may prepare or cause to be prepared

12  a renewal plan, or any person or agency, public or private,

13  may submit such a plan to said authority.  Prior to its

14  approval of a renewal project, the board shall submit such

15  plan to the planning board of the city for review and

16  recommendations as to its conformity with the general plan for

17  the development of the city as a whole.  The planning board

18  shall submit its written recommendations with respect to the

19  proposed renewal plan to the authority within 30 days after

20  receipt of the plan for review.  Upon receipt of the

21  recommendations of the planning board, or, if no

22  recommendations are received within said 30 days, then without

23  such recommendations, said authority may proceed with the

24  hearing on the proposed renewal project prescribed herein.  No

25  person other than the city shall be entitled to raise the

26  question of inconsistency of any plan with the general plan of

27  the city.

28         (3)  The authority shall hold a public hearing on a

29  renewal project, after public notice thereof by publication in

30  a newspaper having a general circulation in the area of

31  operation of the authority.  The notice shall describe the

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  time, date, place, and purpose of the hearing, shall generally

 2  identify the renewal area covered by the plan, and shall

 3  outline the general scope of the renewal project under

 4  consideration.

 5         (4)  Following such hearing, the authority may approve

 6  a renewal project if it finds that:

 7         (a)  A feasible method exists for the location of

 8  families who will be displaced from the renewal area in

 9  decent, safe, and sanitary dwelling accommodations within

10  their means and without undue hardship to such families.

11         (b)  The renewal plan conforms to the general plan of

12  the municipality as a whole.

13         (c)  The renewal plan will afford maximum opportunity,

14  consistent with the sound needs of the municipality as a

15  whole, for the rehabilitation or redevelopment of the renewal

16  area by private enterprise.

17         (5)  A renewal plan may be modified at any time,

18  provided that if modified after the lease or sale by the

19  authority of real property in the renewal project area, such

20  modification may be conditioned upon such approval of the

21  owner, lessee, or successor in interest as the authority may

22  deem advisable and in any event shall be subject to such

23  rights at law or in equity as a lessee or purchaser, or his or

24  her successor or successors in interest, may be entitled to

25  assert.

26         (6)  Upon the approval by the authority of a renewal

27  plan or of any modification thereof, such plan or modification

28  shall be deemed to be in full force and effect for the

29  respective renewal area and the authority may then cause such

30  plan or modification to be carried out in accordance with its

31  terms.

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (7)  Notwithstanding any other provisions of this act,

 2  where the authority certifies that an area is in need of

 3  redevelopment or rehabilitation as a result of a flood, fire,

 4  hurricane, earthquake, storm, or other catastrophe respecting

 5  which the Governor has certified the need for disaster

 6  assistance under Public Law 875, Eighty-first Congress, or

 7  other federal law, the board may approve a renewal plan and a

 8  renewal project with respect to such area without regard to

 9  the provisions of subsection (4) of this section and the

10  provisions of this section requiring a general plan for the

11  city and the public hearing on the renewal project.

12         Section 23.  Powers.--The authority shall have all the

13  powers necessary or convenient to carry out and effectuate the

14  purposes and provisions of this act, including the following

15  powers in addition to others herein granted:

16         (1)  To undertake and carry out renewal projects within

17  its area of operation; to make and execute contracts and other

18  instruments necessary or convenient to the exercise of its

19  powers under this act; and to disseminate slum clearance and

20  renewal information.

21         (2)  To provide or to arrange or contract for the

22  furnishing or repair by any person or agency, public or

23  private, of services, privileges, works, streets, roads,

24  public utilities, or other facilities for or in connection

25  with a renewal project; to install, construct, and reconstruct

26  streets, utilities, parks, playgrounds, and other public

27  improvements; and to agree to any conditions that it may deem

28  reasonable and appropriate attached to federal financial

29  assistance and imposed pursuant to federal law relating to the

30  determination of prevailing salaries or wages or compliance

31  with labor standards, in the undertaking or carrying out of a

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  renewal project, and to include in any contract let in

 2  connection with such a project provisions to fulfill such of

 3  said conditions as it may deem reasonable and appropriate.

 4         (3)  Within its area of operation, to enter into any

 5  building or property in any renewal area in order to make

 6  inspections, surveys, appraisals, soundings, or test borings,

 7  and to obtain an order for this purpose from a court of

 8  competent jurisdiction in the event entry is denied or

 9  resisted; to acquire by purchase, lease, option, gift, grant,

10  bequest, devise, eminent domain, or otherwise any real

11  property (or personal property for its administrative

12  purposes) together with any improvements thereon; to hold,

13  improve, clear, or prepare for redevelopment any such

14  property; to dispose of any real property; to insure or

15  provide for the insurance of any real or personal property or

16  operation of the authority against any risks or hazards,

17  including the power to pay premiums on any such insurance; and

18  to enter into any contracts necessary to effectuate the

19  purposes of this act provided, however, that no statutory

20  provision with respect to the acquisition, clearance, or

21  disposition of property by public bodies shall restrict the

22  authority in the exercise of such functions with respect to a

23  renewal project, unless the Legislature shall specifically so

24  state.

25         (4)  To invest any renewal project funds held in

26  reserves or sinking funds or any such funds not required for

27  immediate disbursement, in property or securities in which

28  banks may legally invest funds subject to their control, and

29  to redeem such bonds as have been issued pursuant to this act

30  at the redemption price established therein or to purchase

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  such bonds at less than redemption price, all such bonds so

 2  redeemed or purchased to be canceled.

 3         (5)  To borrow money and to apply for and accept

 4  advances, loans, grants, contributions, and any other form of

 5  financial assistance from the Federal Government, the state,

 6  county, city, or other public body, or from any sources,

 7  public or private, for the purposes of this act, and to give

 8  such security as may lawfully be required and to enter into

 9  and carry out contracts in connection therewith.  The

10  authority may include in any contract for financial assistance

11  with the Federal Government for a renewal project such

12  conditions imposed pursuant to federal laws as the authority

13  may deem reasonable and appropriate and which are not

14  inconsistent with the purposes of this act.

15         (6)  Within its area of operation, to make or have made

16  all surveys and plans necessary to the carrying out of the

17  purposes of this act and to contract with any person, public

18  or private, in making and carrying out such plans and to adopt

19  or approve, modify and amend such plans.  Such plans may

20  include, without limitation:

21         (a)  A general plan for the locality as a whole.

22         (b)  Renewal plans.

23         (c)  Preliminary plans outlining renewal activities for

24  neighborhoods to embrace two or more renewal areas.

25         (d)  Plans for carrying out a program of voluntary or

26  compulsory repair and rehabilitation of buildings and

27  improvements.

28         (e)  Plans for the enforcement of state and local laws,

29  codes, and regulations relating to the use of land and the use

30  and occupancy of buildings and improvements and to the

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  compulsory repair, rehabilitation, demolition, or removal of

 2  buildings and improvements.

 3         (f)  Appraisals, title searches, surveys, studies, and

 4  other plans and work necessary to prepare for the undertaking

 5  of renewal projects.  The authority is authorized to develop,

 6  test, and report methods and techniques, and carry out

 7  demonstrations and other activities, for the prevention and

 8  the elimination of slums and blight and to apply for, accept,

 9  and utilize grants of funds from the Federal Government for

10  such purposes.

11         (7)  To prepare plans for the relocation of persons,

12  including families, business concerns, and others, displaced

13  by a renewal project, and to make relocation payments to or

14  with respect to such persons for moving expenses and losses of

15  property for which reimbursement or compensation is not

16  otherwise made, including the making of such payments financed

17  by the Federal Government.

18         (8)  To appropriate such funds and make such

19  expenditures as may be necessary to carry out the purposes of

20  this act, and to levy taxes and assessments for such purposes,

21  subject to millage limitations of this act and the State

22  Constitution.

23         (9)  To plan or replan streets, roads, sidewalks, ways,

24  or other places and to plan or replan any part of the

25  downtown.

26         (10)  Within its area of operation, to organize,

27  coordinate, and direct the administration of the provisions of

28  this act as they apply to such authority in order that the

29  objective of remedying slum and blighted areas and preventing

30  the causes thereof within such authority may be most

31  effectively promoted and achieved, and to establish such new

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  office or offices of the authority or to reorganize existing

 2  offices in order to carry out such purpose most effectively.

 3         (11)  To exercise all or any part or combination of

 4  powers herein granted.

 5         Section 24.  Disposal of property in renewal area.--

 6         (1)  The authority may sell, lease, or otherwise

 7  transfer real property or any interest therein acquired by it,

 8  and may enter into contracts with respect thereto, in a

 9  renewal area for residential, recreational, commercial,

10  industrial, or other uses or for public use, or may retain

11  such property or interest for public use, in accordance with

12  the renewal plan, subject to such covenants, conditions, and

13  restrictions, including covenants running with the land, as

14  may be deemed to be necessary or desirable to assist in

15  preventing the development or spread of future slums or

16  blighted areas or to otherwise carry out the purposes of this

17  act, provided that such sale, lease, other transfer, or

18  retention, and any agreement relating thereto, may be made

19  only after the approval of the renewal plan by the board.  The

20  purchasers or lessees and their successors and assigns shall

21  be obligated to devote such real property only to the uses

22  specified in the renewal plan, and may be obligated to comply

23  with such other requirements as the authority may determine to

24  be in the renewal plan, and may be obligated to comply with

25  such other requirements as the authority may determine to be

26  in the public interest, including the obligation to begin

27  within a reasonable time any improvements on such real

28  property required by the renewal plan.  Such real property or

29  interest shall be sold, leased, otherwise transferred, or

30  retained at not less than its fair value for uses in

31  accordance with the renewal plan. In determining the fair

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  value of real property for uses in accordance with the renewal

 2  plan, the authority shall take into account and give

 3  consideration to the uses provided in such plan; the

 4  restrictions upon, and the covenants, conditions, and

 5  obligations assumed by, the purchaser or lessee or by the

 6  authority retaining the property; and the objectives of such

 7  plan for the prevention of the recurrence of a slum or

 8  blighted areas. The authority in any instrument of conveyance

 9  to a private purchaser or lessee may provide that such

10  purchaser or lessee, shall be without power to sell, lease, or

11  otherwise transfer the real property without the prior written

12  consent of the authority until he or she has obligated himself

13  or herself to construct thereon.  Real property acquired by

14  the authority which, in accordance with the provisions of the

15  renewal plan, is to be transferred shall be transferred as

16  rapidly as feasible in the public interest consistent with the

17  carrying out of the provisions of the renewal plan.  Any

18  contract for such transfer and the renewal plan (or such part

19  or parts of such contract or plan as the authority may

20  determine) may be recorded in the office of the Clerk of the

21  Circuit Court of Broward County.

22         (2)  The authority may dispose of real property in a

23  renewal area to private persons only under such reasonable

24  competitive bidding procedures as it shall prescribe or as

25  hereinafter provided in this subsection.  The authority may,

26  by public notice by publication in a newspaper having a

27  general circulation in the community (30 days prior to the

28  execution of any contract to sell, lease, or otherwise

29  transfer real property and prior to the delivery of any

30  instrument of conveyance with respect thereto under the

31  provisions of this section) invite proposals from and make

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  available all pertinent information to private redevelopers or

 2  any persons interested in undertaking to redevelop or

 3  rehabilitate a renewal area, or any part thereof.  Such notice

 4  shall identify the area, or portion thereof, and shall state

 5  that proposals shall be made by those interested within 30

 6  days after the date of publication of said notice, and that

 7  such further information as is available may be obtained at

 8  such office as shall be designated in said notice.  The

 9  authority shall consider all such redevelopment or

10  rehabilitation proposals and the financial and legal ability

11  of the persons making such proposals to carry them out, and

12  may negotiate with any persons for proposals for the purchase,

13  lease, or other transfer of any real property acquired by the

14  authority in the renewal area.  The authority may accept such

15  proposal as it deems to be in the public interest and in

16  furtherance of the purposes of this act, provided that a

17  notification of intention to accept such proposal shall be

18  filed with the board not less than 30 days prior to such

19  acceptance.  Thereafter, the authority may execute such

20  contract in accordance with the provisions of subsection (1)

21  and deliver deeds, leases, and other instruments and take all

22  steps necessary to effectuate such contract.

23         (3)  The authority may temporarily operate and maintain

24  real property acquired in a renewal area pending the

25  disposition of the property as authorized in this act, without

26  regard to the provisions of subsection (1), for such uses and

27  purposes as may be deemed desirable even though not in

28  conformity with the renewal plan.

29         Section 25.  Issuance of bonds.--

30         (1)  The authority shall have the power to issue bonds

31  from time to time in its discretion to finance the undertaking

                                  64

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  of any renewal project under this act, including without

 2  limiting the generality thereof, the payment of principal and

 3  interest upon any advances for surveys and plans, and shall

 4  also have power to issue refunding bonds for the payment or

 5  retirement of such bonds previously issued by it.  Such bonds

 6  may be made payable as to bond principal and interest, from

 7  the income, proceeds, revenues, and funds of the authority

 8  derived from or held in connection with its undertaking and

 9  carrying out of renewal projects under this act, provided,

10  however, that payment of such bonds, both as to principal and

11  interest, may be further secured by a pledge of any loan,

12  grant, or contribution from the Federal Government or other

13  source, in aid of any renewal projects of the authority under

14  this act.

15         (2)  Bonds issued under this section shall not

16  constitute an indebtedness within the meaning of any

17  constitutional or statutory debt limitation or restriction,

18  and shall not be subject to the provisions of any other law or

19  charter relating to the authorization, issuance, or sale of

20  bonds.  Bonds issued under the provisions of this act are

21  declared to be issued for an essential public and governmental

22  purpose and, together with interest thereon and income

23  therefrom, shall be exempted from all taxes.

24         (3)  Bonds issued under this section shall be

25  authorized by resolution or ordinance of the board and may be

26  issued in one or more series and shall bear such date or

27  dates, be payable upon demand or mature at such time or times,

28  bear such interest, be in such denomination or denominations,

29  be in such form either coupon or registered, carry such

30  conversion or registration privileges, have such rank or

31  priority, be executed in such manner, be payable in such

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  medium of payment, at such place or places, and be subject to

 2  such terms of redemption (with or without premium), be secured

 3  in such manner, and have such other characteristics as may be

 4  provided by such resolution or trust indenture or mortgage

 5  issued pursuant thereto.

 6         (4)  Such bonds may be sold at not less than par at

 7  public sales held after notice published prior to such sale in

 8  a newspaper having a general circulation in the area of

 9  operation and in such other medium of publications as the

10  authority may determine or may be exchanged for other bonds on

11  the basis of par, provided that such bonds may be sold to the

12  Federal Government at private sale at not less than par and,

13  in the event less than all of the authorized principal amount

14  of such bonds is sold to the Federal Government, the balance

15  may be sold at private sale at not less than par at an

16  interest cost to the authority not to exceed the interest cost

17  to the authority of the portion of the bonds sold to the

18  Federal Government.

19         (5)  In case any of the public officials of the

20  authority whose signatures appear on any bonds or coupons

21  issued under this act shall cease to be such officials before

22  the delivery of such bonds, such signatures shall,

23  nevertheless, be valid and sufficient for all purposes, the

24  same as if such officials had remained in office until such

25  delivery.  Any provisions of any law to the contrary

26  notwithstanding, any bonds issued pursuant to this act shall

27  be fully negotiable.

28         (6)  In any suit, action, or proceeding involving the

29  validity or enforceability of any bond issued under this act

30  or the security therefor, any such bond reciting in substance

31  that it has been issued by the authority in connection with a

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  renewal project, as herein defined, shall be conclusively

 2  deemed to have been issued for such purpose and such project

 3  shall be conclusively deemed to have been planned, located,

 4  and carried out in accordance with the provisions of this act.

 5         Section 26.  Bonds as legal investments.--All banks,

 6  trust companies, bankers, savings banks and institutions,

 7  building and loan associations, savings and loan associations,

 8  investment companies, and all other persons carrying on a

 9  banking or investment business; all insurance companies,

10  insurance associations, and other persons carrying on an

11  insurance business; and all executors, administrators,

12  curators, trustees, and other fiduciaries may legally invest

13  any sinking funds, moneys, or other funds belonging to them or

14  within their control in any bonds or other obligations issued

15  by the authority pursuant to this act, provided that such

16  bonds and other obligations shall be secured by an agreement

17  between the issuer and the Federal Government in which the

18  issuer agrees to borrow from the Federal Government and the

19  Federal Government agrees to lend to the issuer, prior to the

20  maturity of such bonds or other obligations, moneys in an

21  amount which (together with any other moneys irrevocably

22  committed to the payment of interest on such bonds or other

23  obligations) will suffice to pay the principal of such bonds

24  or other obligations with interest to maturity thereon, which

25  moneys under the terms of said agreement are required to be

26  used for the purpose of paying the principal of and the

27  interest on such bonds or other obligations at their

28  maturity.  Such bonds and other obligations shall be

29  authorized security for all public deposits.  It is the

30  purpose of this section to authorize any persons, political

31  subdivisions, and officers, public or private, to use any

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  funds owned or controlled by them for the purpose of any such

 2  bonds or other obligations.  Nothing contained in this section

 3  with regard to legal investments shall be construed as

 4  relieving any person of any duty of exercising reasonable care

 5  in selecting securities.

 6         Section 27.  Property tax exemption.--

 7         (1)  All property of the authority, including funds,

 8  owned or held by it for the purposes of this act shall be

 9  exempt from levy and sale by virtue of an execution, and no

10  execution or other judicial process shall issue against the

11  same, nor shall judgment against the authority be a charge or

12  lien upon such property, provided, however, that the

13  provisions of this section shall not apply to or limit the

14  right of obligees to pursue any remedies for the enforcement

15  of any pledge or lien given pursuant to this act by the

16  authority on its rents, fees, grants, or revenues from renewal

17  projects.

18         (2)  The property of the authority, acquired or held

19  for the purposes of this act, is declared to be public

20  property used for essential public and governmental purposes

21  and such property shall be exempt from all taxes of the

22  municipality, the county, the state, or any political

23  subdivision thereof, provided that such tax exemption shall

24  terminate when the authority sells, leases, or otherwise

25  disposes of such property in a renewal area to a purchaser or

26  lessee which is not a public body entitled to tax exemption

27  with respect to such property.

28         Section 28.  Cooperation by public bodies.--

29         (1)  For the purpose of aiding in the planning,

30  undertaking, or carrying out of a renewal project located

31  within the area in which it is authorized to act, any public

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  body may, upon such terms, with or without consideration, as

 2  it may determine:

 3         (a)  Dedicate, sell, convey, or lease any of its

 4  interest in any property or grant easements, licenses, or

 5  other rights or privileges therein to the authority.

 6         (b)  Incur the entire expense of any public

 7  improvements made by such public body in exercising the powers

 8  granted in this section.

 9         (c)  Do any and all things necessary to aid or

10  cooperate in the planning or carrying out of a renewal plan.

11         (d)  Lend, grant, or contribute funds to said

12  authority.

13         (e)  Enter into agreements (which may extend over any

14  period, notwithstanding any provision or rule of law to the

15  contrary) with said authority or other public body respecting

16  action to be taken pursuant to any of the powers granted by

17  this act, including the furnishing of funds or other

18  assistance in connection with a renewal project.

19         (f)  Cause public buildings and public facilities,

20  including parks and playgrounds, recreational, community,

21  educational, water, sewer, or drainage facilities, or any

22  other works which it is otherwise empowered to undertake or to

23  be furnished, furnish, dedicate, close, vacate, pave, install,

24  grade, regrade, plan, or replan streets, roads, sidewalks,

25  ways, or other places; plan or replan or zone or rezone any

26  part of the public body or make exceptions from building

27  regulations; and cause administrative and other services to be

28  furnished to the authority.

29  

30  If at any time title to or possession of any renewal project

31  is held by any public body or governmental agency, other than

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  the authority, which is authorized by law to engage in the

 2  undertaking, carrying out, or administration of renewal

 3  projects (including any agency or instrumentality of the

 4  United States of America), the provisions of the agreements

 5  referred to in this section shall inure to the benefit of, any

 6  may be enforced by, such public body or governmental agency.

 7         (2)  Any sale, conveyance, lease, or agreement provided

 8  for in this section may be made by a public body without

 9  appraisal, public notice, advertisement, or public bidding.

10         (3)  For the purpose of aiding in the planning,

11  undertaking, or carrying out of a renewal project of the

12  authority hereunder, the city may (in addition to its other

13  powers and upon such terms, with or without consideration, as

14  it may determine) do and perform any or all of the actions or

15  things which, by the provisions of subsection (1), a public

16  body is authorized to do or perform, including the furnishing

17  of financial and other assistance.

18         (4)  For the purposes of this section, or for the

19  purpose of aiding in the planning, undertaking, or carrying

20  out of a renewal project of the authority, said authority may

21  in addition to any other authority to issue bonds pursuant to

22  this act issue and sell its general obligation bonds. Any

23  bonds issued by the authority pursuant to this section shall

24  be issued in the manner and within the limitations prescribed

25  by the laws of this state for the issuance and authorization

26  of bonds by such authority for public purposes generally,

27  except as to constitutional requirements.

28         Section 29.  Title of purchaser.--Any instrument

29  executed by the authority and purporting to convey any right,

30  title, or interest in any property under this act shall be

31  conclusively presumed to have been executed in compliance with

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  the provisions of this act insofar as title or other interest

 2  of any bona fide purchaser, lessee, or transferee of such

 3  property is concerned.

 4         Section 30.  Maximum millage.--The maximum millage of

 5  the ad valorem tax authorized to be levied to finance the

 6  operation of the authority may be increased by the board so as

 7  to be any rate not exceeding 10 mills which shall have been

 8  approved by vote of the majority of those voting in a

 9  referendum in which those participating are limited to the

10  electors of the downtown who at the time of the referendum are

11  owners of freeholds in the downtown not wholly exempt from

12  taxation and who are then duly registered for an authority

13  referendum as authorized by this act.

14         Section 31.  Severability.--If any section, clause,

15  sentence, or provision of this act or the application of such

16  section, clause, sentence, or provision to any person or

17  bodies or under any circumstances shall be held to be

18  inoperative, invalid, or unconstitutional, the invalidity of

19  such section, clause, sentence, or provision shall not be

20  deemed, held, or taken to affect the validity or

21  constitutionality of any of the remaining parts of this act,

22  or the application of any of the provisions of this act to

23  persons, bodies, or in circumstances other than those as to

24  which it or any part thereof shall have been inoperative,

25  invalid, or unconstitutional, and it is intended that this act

26  shall be construed and applied as if any section, clause,

27  sentence, or provision held inoperative, invalid, or

28  unconstitutional had not been included in this act.

29         Section 32.  Liberal construction.--The provisions of

30  this act shall be liberally construed to effect its purposes

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  and shall be deemed cumulative, supplemental and alternative

 2  authority for the exercise of the powers provided herein.

 3         Section 33.  This act shall be known and may be cited

 4  as the "Fort Lauderdale Downtown Development Authority Law."

 5         Section 34.  (1)  TRUST FUND; CREATION, DURATION, USE,

 6  AND TERMINATION.--

 7         (a)  There is established a fund to be known as the

 8  Redevelopment Trust Fund of the Downtown Development Authority

 9  of the City of Fort Lauderdale.  In addition to any other

10  funds available to the authority, funds allocated to and

11  deposited into said redevelopment trust fund may be used by

12  the authority, subject to prior approval by the board of

13  trustees and pursuant to the provisions of this act, to

14  finance or refinance all or part of the cost of construction

15  or acquisition of any project now or hereafter undertaken by

16  the authority individually or with or by any other

17  governmental entity.

18         (b)  Anything to the contrary notwithstanding, the

19  redevelopment trust fund shall not come into existence until

20  this act has been approved by an ordinance adopted by the

21  Board of County Commissioners of Broward County and by an

22  ordinance adopted by the City Commission of the City of Fort

23  Lauderdale.  Upon the final adoption and passage of such

24  ordinance by the Board of County Commissioners of Broward

25  County and the City Commission of the City of Fort Lauderdale,

26  the redevelopment trust fund shall thereafter continue in full

27  force and effect in accordance with all of the terms and

28  provisions this act.

29         (c)  If the Downtown Development Authority of the City

30  of Fort Lauderdale ceases to exist, the redevelopment trust

31  fund shall be dissolved, and all funds previously deposited

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  therein by a taxing authority together with a pro rata share

 2  of any interest having accrued thereon shall be returned to

 3  such taxing authority, after the indebtedness outstanding

 4  against the authority is retired and any expenses incurred in

 5  servicing the indebtedness is paid, provided, however, that in

 6  no event shall the redevelopment trust fund continue to exist

 7  after the payment in full of such indebtedness and expenses

 8  incurred in servicing the indebtedness.

 9         (d)  The term of bonds issued in accordance with

10  section 16 of this act, for which the development trust fund

11  has been pledged, may extend beyond the life of the

12  redevelopment trust fund if the City of Fort Lauderdale and

13  Broward County have agreed to service and pay such bonds after

14  the expiration of the fund.  In such an event, after the

15  redevelopment trust fund expires, the county shall continue to

16  levy and collect the tax authorized by this law and use the

17  revenue therefrom to retire the bonds and to pay any expenses

18  necessary for servicing the bonds until the bonds are

19  retired.  Any excess revenue remaining after the bonds are

20  retired, together with a pro rata share of any interest having

21  accrued thereon, shall be returned to the taxing authorities.

22         (2)  FUNDING.--The funding of the redevelopment trust

23  fund shall take place annually commencing with the ad valorem

24  taxes levied and assessed for the year 1980, or the year in

25  which the ordinances provided for in paragraph (b) of

26  subsection (2) are adopted by the County Commission of Broward

27  County and the City Commission of the City of Fort Lauderdale,

28  whichever shall occur last.  The funding of the redevelopment

29  trust fund shall not exceed that amount equal to the

30  difference between:

31  

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1         (a)  The amount of ad valorem taxes levied each year by

 2  or for all taxing authorities, except school districts and the

 3  authority, on its buildings, fixtures, and other improvements

 4  upon taxable real property contained within the geographic

 5  boundaries of the renewal area; and

 6         (b)  The amount of ad valorem taxes which would have

 7  been produced at the rate upon which the ad valorem taxes are

 8  levied each year or for all taxing authorities, except school

 9  districts and the authority, upon the total of the assessed

10  value of all building fixtures, and other improvements upon

11  taxable real property in the renewal area, which building,

12  fixtures, and improvements appeared and were listed upon the

13  most recent tax assessment roll used by each taxing authority,

14  except school districts and the authority, prior to the

15  effective date of this act.  Taxes levied and assessed on the

16  real property upon which such buildings, fixtures, and

17  improvements are located shall not be included in the annual

18  funding calculation of the redevelopment trust fund.

19         (3)  ANNUAL APPROPRIATION.--

20         (a)  For the first 5 years during which the

21  redevelopment trust fund is in existence, each taxing

22  authority, except school districts and the authority, shall

23  annually appropriate from any available funds a sum which is

24  not less in amount than the increment of ad valorem tax

25  revenues, as defined and determined in subsection (3) accruing

26  to said taxing authority.

27         (b)  During each year subsequent to the fifth year of

28  the existence of the redevelopment trust fund, each taxing

29  authority, except school districts and the authority, shall,

30  on a pro rata basis, appropriate to said fund a sum which is

31  no less than the amount determined by the board to be

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  necessary during the next fiscal year in order to provide for

 2  payment of any bonds, loans, advances, undertakings, or

 3  indebtedness, plus interest accruing thereon, or any other

 4  financial obligation approved by the board and to the payment

 5  of which redevelopment trust funds have been pledged or

 6  committed. The redevelopment trust fund budget for each fiscal

 7  year shall be prepared and approved by the board and trustees

 8  and a copy thereof shall be furnished to each taxing

 9  authority, except school districts, at least 30 days prior to

10  the first day of such fiscal year.  The ad valorem tax

11  revenues as defined and determined in subsection (3) accruing

12  to such authorities.

13         (c)  The obligation of the taxing authorities, except

14  school districts and the authority, to make annual

15  appropriations to the fund shall continue so long as the

16  authority exists, or until all bonds, loans, advances, and

17  indebtedness, or interest thereof, incurred by the authority

18  under this act, and for which redevelopment trust funds have

19  been pledged have been paid, provided that such obligation

20  shall be imposed on the annual tax increment calculated in

21  accordance with subsection (3) is greater than zero.

22         (4)  BOARD OF TRUSTEES.--

23         (a)  The redevelopment Trust Fund of the Downtown

24  Development Authority of the City of Fort Lauderdale shall be

25  subject to the jurisdiction, administration, and control of a

26  board of trustees consisting of five members.

27         (b)  Within 30 days after the board of County

28  Commissioners of Broward County adopts the ordinance approving

29  the act, the board of County Commissioners of Broward County

30  shall appoint two of its members to the board of trustees, the

31  City Commission of the City of Fort Lauderdale shall appoint

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  two members of its commission to the board of trustees, and

 2  the Downtown Development Authority of the City of Fort

 3  Lauderdale, shall appoint one member of the board of

 4  trustees.  All appointments shall be by resolution.  The terms

 5  of office of a member of the board of trustees shall be 1 year

 6  from the date of appointment.  A vacancy occurring during a

 7  term shall be filled for the unexpired portion of the terms by

 8  the governing body which made the original appointment.  A

 9  member of the board of trustees shall continue to serve until

10  his or her successor has been appointed.  Decisions of the

11  board of trustees shall be made on the affirmative vote of a

12  majority of its members.

13         (c)  The board of trustees shall control, operate, and

14  administer the Redevelopment Trust Fund of the Downtown

15  Development Authority of the City of Fort Lauderdale as

16  provided in this section.  No project for which redevelopment

17  trust funds are to be used shall be undertaken unless first

18  approved by a resolution of the board of trustees.  Any such

19  project shall be acquired, constructed, and operated in

20  accordance with the provisions of such resolution and shall

21  not be conveyed by the authority to any person unless such

22  conveyance is first approved by a resolution of the board of

23  trustees.  The board of trustees may attach such conditions to

24  the approval of such project as the board of trustees deems

25  necessary.  The authority shall not pledge funds in the

26  redevelopment trust fund for the payment of any bond, loan,

27  advance, or indebtedness, unless the authority has, by a

28  resolution, pledged said funds for the time during which any

29  such bond, loan, advance, or indebtedness, or any interest

30  thereon, remains unpaid.

31         (5)  REVENUE BONDS AND NOTES.--

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    32-1885-05                                         See HB 1657




 1         (a)  Revenue bonds and notes of every issue under this

 2  section shall be payable solely out of revenues deposited in

 3  the authority's development trust fund.  The lien created by

 4  such revenue bonds and notes shall not attach until the

 5  revenues referred to herein are deposited in the authority's

 6  redevelopment trust fund at the times and to the extent that

 7  such revenues accrue.  The holders of such revenue bonds and

 8  notes shall have no right to require or compel the imposition

 9  of any tax or the establishment of any rate of taxation for

10  which to provide for the payment of such revenue bonds and

11  notes.

12         (b)  Revenue bonds and notes issued under the

13  provisions of this section shall not constitute a debt,

14  liability, or obligation of the authority, Broward County, the

15  City of Fort Lauderdale, or the state or any political

16  subdivision thereof, or a pledge of the faith or credit of

17  Broward County, the City of Fort Lauderdale, or the state or

18  any political subdivision thereof, but shall be payable solely

19  from the redevelopment trust fund as provided for in this

20  section.  All such revenue bonds and notes shall contain on

21  the face thereof a statement to the effect that the authority

22  shall not be obligated to pay the same or the interest thereon

23  except from the redevelopment trust fund of the authority held

24  for that purpose and that neither the faith nor credit nor the

25  taxing power of the authority, Broward County, the City of

26  Fort Lauderdale, or the state or any political subdivision

27  thereof is pledged to the payment of principal or interest on

28  such revenue bonds and notes.

29         (c)  Revenue bonds and notes issued under the

30  provisions of this section shall not be included in the

31  computation of any limitation or the amount of bonded

                                  77

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    Florida Senate - 2005        (NP)                      SB 2762
    32-1885-05                                         See HB 1657




 1  indebtedness which the authority may incur under other

 2  sections of this act.

 3         (6)  REVENUE BONDS, PLEDGE OF REDEVELOPMENT TRUST FUNDS

 4  AND BONDS AS LEGAL INVESTMENTS.--Bonds issued under this

 5  section shall be authorized by resolution of the board of

 6  trustees.  They may be issued in one or more series and shall

 7  bear such date or dates, be payable upon demand or mature at

 8  such time or times, bear interest at such rate or rates, be in

 9  such denomination or denominations, be either with or without

10  coupon or registered, carry such conversion or registration

11  privileges, have such rank or priority, be executed in such

12  manner, be payable in such medium of payment at such place or

13  places, be subject to such terms of redemption (with or

14  without premium), be secured in such manner, and have such

15  other characteristics as may be provided by such resolution or

16  trust indenture or mortgage issued pursuant thereto.  Bonds

17  issued under this section may be sold in such manner, either

18  at public or private sale, and for such price as the board of

19  trustees may determine will effectuate the purpose of this

20  section.

21         Section 4.  If any provision of this act or the

22  application thereof to any person or circumstance is held

23  invalid, the invalidity shall not affect the provisions or

24  applications of the acts which can be given effect without the

25  invalid provision or application, and to this end the

26  provisions of this act are declared severable.

27         Section 5.  Chapters 65-1541, 67-1385, 69-1056, 75-371,

28  80-501, 85-393, 87-507, 89-431, 92-247, 93-392, and 95-531,

29  Laws of Florida, are repealed.

30         Section 6.  This act shall take effect upon becoming a

31  law.

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