Florida Senate - 2018 SENATOR AMENDMENT Bill No. CS/CS/HB 883, 2nd Eng. Ì5725721Î572572 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Senator Garcia moved the following: 1 Senate Amendment to Amendment (333236) (with title 2 amendment) 3 4 Between lines 4 and 5 5 insert: 6 Section 1. Subsection (1) of section 190.016, Florida 7 Statutes, is amended to read: 8 190.016 Bonds.— 9 (1) SALE OF BONDS.—Bonds may be sold in blocks or 10 installments at different times, or an entire issue or series 11 may be sold at one time. Bonds may be sold at public or private 12 sale after such advertisement, if any, as the board may deem 13 advisable but not in any event at less than 90 percent of the 14 par value thereof, together with accrued interest thereon. If 15 bonds are sold to accredited investors, in accordance with s. 16 189.051(2) or (4), the district must ensure that the bonds were 17 sold in denominations of no less than $250,000. Bonds may be 18 sold or exchanged for refunding bonds. Special assessment and 19 revenue bonds may be delivered by the district as payment of the 20 purchase price of any project or part thereof, or a combination 21 of projects or parts thereof, or as the purchase price or 22 exchange for any property, real, personal, or mixed, including 23 franchises or services rendered by any contractor, engineer, or 24 other person, all at one time or in blocks from time to time, in 25 such manner and upon such terms as the board in its discretion 26 shall determine. The price or prices for any bonds sold, 27 exchanged, or delivered may be: 28 (a) The money paid for the bonds; 29 (b) The principal amount, plus accrued interest to the date 30 of redemption or exchange, or outstanding obligations exchanged 31 for refunding bonds; and 32 (c) In the case of special assessment or revenue bonds, the 33 amount of any indebtedness to contractors or other persons paid 34 with such bonds, or the fair value of any properties exchanged 35 for the bonds, as determined by the board. 36 37 ================= T I T L E A M E N D M E N T ================ 38 And the title is amended as follows: 39 Between lines 123 and 124 40 insert: 41 190.016, F.S.; requiring a community development 42 district to ensure that a bond sold to accredited 43 investors in accordance with specified provisions is 44 sold in a denomination of no less than a specified 45 amount; amending s.