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House Bill 1775er

ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 2 An act relating to oversight and accountability 3 of the South Florida Water Management District; 4 creating s. 11.80, F.S.; creating the Joint 5 Legislative Committee on Everglades Oversight; 6 providing membership; providing 7 responsibilities; requiring the South Florida 8 Water Management District to provide notice to 9 the committee of certain plans, permits, 10 agreements, or land acquisitions; requiring an 11 annual status report; amending s. 338.26, F.S., 12 relating to Alligator Alley toll road; 13 providing for deposit of certain funds in the 14 Everglades Trust Fund; requiring a district 15 report of differences between a Clean Water Act 16 permit received for completion of the 17 Everglades Construction Project and the 18 Everglades Program; providing definitions; 19 providing requirements relating to district 20 financing proposals for fixed or operating 21 capital outlay; requiring publication of a 22 truth-in-borrowing statement; providing 23 legislative findings and intent; providing 24 requirements for district administration of the 25 Everglades Trust Fund; requiring quarterly 26 distribution of trust fund expenditure 27 information; providing for a postaudit; 28 providing requirements for deposits and 29 expenditures; requiring annual reporting; 30 providing effective dates. 31 1 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 Be It Enacted by the Legislature of the State of Florida: 2 3 Section 1. Section 11.80, Florida Statutes, is created 4 to read: 5 11.80 Joint Legislative Committee on Everglades 6 Oversight.-- 7 (1) A Joint Legislative Committee on Everglades 8 Oversight is created to monitor the implementation of the 9 Everglades Forever Act. The committee shall be comprised of 10 six members: three members of the House of Representatives 11 appointed by the Speaker of the House of Representatives and 12 three Senators appointed by the President of the Senate. The 13 chair and vice chair shall be appointed for 1-year terms with 14 the appointments alternating between the Speaker of the House 15 of Representatives and the President of the Senate. The chair 16 and vice chair may not be members of the same house of the 17 Legislature. Staff of the committee, at the discretion of the 18 chair, may be assigned to onsite monitoring of the district's 19 activities and operations pertaining to the Everglades 20 Construction Project. 21 (2) The joint committee shall be responsible for 22 monitoring all funding and expenditures, agreements, schedules 23 of projects, land acquisition, and plans for acquisition, 24 permits, and permit modifications associated with the 25 implementation of the Everglades Forever Act. 26 (3) The South Florida Water Management District shall 27 give notice to the Joint Legislative Committee on Everglades 28 Oversight of any plan, or modification of such plan, developed 29 by the district for implementation of the Everglades Forever 30 Act, or of any associated permit, permit modification, 31 agreement, agreement modification, land acquisition, or land 2 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 acquisition plan to which the district is a party. Notice 2 shall include a justification of any such action and an 3 estimate of how program costs will be affected by the action. 4 (4) Annually, no later than January 1, the South 5 Florida Water Management District shall report to the Joint 6 Legislative Committee on Everglades Oversight on the status of 7 the implementation of the Everglades Forever Act. Such report 8 shall include, but is not limited to: 9 (a) Progress on the Everglades Construction Project. 10 (b) Changes to the Everglades Construction Project. 11 (c) Actual revenues, compared to projected revenues. 12 (d) Projected acquisition costs, construction costs, 13 operation and maintenance costs, and projected revenues, over 14 the succeeding 5 years. 15 Section 2. Effective July 1, 1998, subsection (3) of 16 section 338.26, Florida Statutes, is amended to read: 17 338.26 Alligator Alley toll road.-- 18 (3) Fees generated from tolls shall be deposited in 19 the State Transportation Trust Fund, and any amount of funds 20 generated annually in excess of that required to reimburse 21 outstanding contractual obligations, to operate and maintain 22 the highway and toll facilities, including reconstruction and 23 restoration, and to pay for those projects that are funded 24 with Alligator Alley toll revenues and that are contained in 25 the 1993-1994 adopted work program or the 1994-1995 tentative 26 work program submitted to the Legislature on February 22, 27 1994, may be transferred to the Everglades Fund of the South 28 Florida Water Management District. The South Florida Water 29 Management District shall deposit funds for projects 30 undertaken pursuant to s. 373.4592 in the Everglades Trust 31 Fund pursuant to paragraph (4)(a) of section 5 of this act. 3 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 Any funds remaining in the Everglades Fund may be used for 2 environmental projects to restore the natural values of the 3 Everglades, subject to compliance with any applicable federal 4 laws and regulations. Projects shall be limited to: 5 (a) Highway redesign to allow for improved sheet flow 6 of water across the southern Everglades. 7 (b) Water conveyance projects to enable more water 8 resources to reach Florida Bay to replenish marine estuary 9 functions. 10 (c) Engineering design plans for wastewater treatment 11 facilities as recommended in the Water Quality Protection 12 Program Document for the Florida Keys National Marine 13 Sanctuary. 14 (d) Acquisition of lands to move STA 3/4 out of the 15 Toe of the Boot, provided such lands are located within 1 mile 16 of the northern border of STA 3/4. 17 (e) Other Everglades Construction Projects as 18 described in the February 15, 1994, conceptual design 19 document. 20 Section 3. South Florida Water Management District; 21 permit for completion of Everglades Construction Project; 22 report.--Within 60 days after receipt of any permit issued 23 pursuant to s. 404 of the Clean Water Act, 33 U.S.C. s. 1344, 24 for the completion of the Everglades Construction Project, as 25 defined by s. 373.4592(2)(f), Florida Statutes, the South 26 Florida Water Management District shall submit a report to the 27 Governor, the President of the Senate, and the Speaker of the 28 House of Representatives that details the differences between 29 the permit and the Everglades Program as defined by s. 30 373.4592(2)(g), Florida Statutes, and identifies any changes 31 to the schedule or funding for the Everglades Program that 4 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 result from the permit. The South Florida Water Management 2 District shall include in the report a complete chronological 3 record of any negotiations related to conditions included in 4 the permit. Such record shall be documented by inclusion of 5 all relevant correspondence in the report. If any condition of 6 the permit affects the schedule or costs of the Everglades 7 Construction Project, the South Florida Water Management 8 District shall include in the report a detailed explanation of 9 why the condition was imposed and a detailed analysis of 10 whether the condition would promote or hinder the progress of 11 the project. 12 Section 4. South Florida Water Management District; 13 Everglades truth in borrowing.-- 14 (1) Definitions.--As used in this section, unless the 15 context otherwise indicates: 16 (a) "Debt" means any evidence of indebtedness, 17 including, but not limited to, an agreement to pay principal 18 and any interest thereon, whether in the form of a contract to 19 repay borrowed money or otherwise, and includes moneys 20 borrowed from any source that are directed to a purpose for 21 which they were not originally budgeted. 22 (b) "District" means the South Florida Water 23 Management District. 24 (c) "Interest" means the compensation for the use or 25 detention of money or its equivalent. 26 (d) "Interest rate" means the annual percentage of the 27 outstanding debt or obligation payable as interest. 28 (e) "Obligation" means an agreement to pay principal 29 and interest thereon, other than a debt, whether in the form 30 of a lease, lease-purchase, installment purchase, or 31 5 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 otherwise, and includes a share, participation, or other 2 interest in any such agreement. 3 (f) "Outstanding debt" means any debt or obligation of 4 which the principal has not been paid or for which an amount 5 sufficient to provide for the payment of such debt or 6 obligation and the interest on such debt or obligation to the 7 maturity or early redemption of such debt or obligation has 8 not been set aside for the benefit of the holders of such debt 9 or obligation. 10 (g) "Principal" means the face value of the debt or 11 obligation proposed to be issued or incurred. 12 (2) Whenever the South Florida Water Management 13 District proposes to borrow or to otherwise finance with debt 14 any fixed capital outlay projects or operating capital outlay 15 for purposes pursuant to s. 373.4592, it shall develop the 16 following documents to explain the issuance of a debt or 17 obligation: 18 (a) A summary of outstanding debt, including 19 borrowing. 20 (b) A statement of proposed financing, which shall 21 include the following items: 22 1. A listing of the purpose of the debt or obligation. 23 2. The source of repayment of the debt or obligation. 24 3. The principal amount of the debt or obligation. 25 4. The interest rate on the debt or obligation. 26 5. A schedule of annual debt service payments for each 27 proposed debt or obligation. 28 (c) A truth-in-borrowing statement, developed from the 29 information compiled pursuant to this section, in 30 substantially the following form: 31 6 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 The South Florida Water Management District is 2 proposing to incur $ (insert principal) of debt or obligation 3 through borrowing for the purpose of (insert purpose). This 4 debt or obligation is expected to be repaid over a period of 5 (insert term of issue from subparagraph (b)5.) years from the 6 following sources: (list sources). At a forecasted interest 7 rate of (insert rate of interest from subparagraph (b)4.), 8 total interest paid over the life of the debt or obligation 9 will be $ (insert sum of interest payments). 10 The truth-in-borrowing statement shall be published as a 11 notice in one or more newspapers having a combined general 12 circulation in the counties having land in the district. Such 13 notice must be at least 6 inches square in size and shall not 14 be placed in that portion of the newspaper where legal notices 15 and classified advertisements appear. 16 Section 5. (1) Everglades Trust Fund; allocation of 17 revenues and expenditure of funds for conservation and 18 protection of natural resources and abatement of water 19 pollution.-- 20 (1) Legislative findings and intent.--The Legislature 21 finds and declares the following: 22 (a) The Everglades ecological system is unique in the 23 world and one of Florida's great treasures. The Legislature 24 has responded to adverse changes in water quality, and in 25 quantity, distribution, and timing of flows, that endanger the 26 Everglades ecological system, by enacting the Everglades 27 Forever Act. The act authorized the Everglades Construction 28 Project, which is by far the largest environmental cleanup and 29 restoration program of this type ever undertaken and will 30 require substantial expenditures. 31 7 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 (b) In consideration of both the environmental 2 benefits and public costs of the Everglades Construction 3 Project, the Legislature finds that enhanced oversight and 4 accountability is necessary to ensure that the Everglades 5 Construction Project is completed in a timely manner and 6 within the limits of the funds made available for its 7 completion. The Legislature further finds that the 8 implementation of the Everglades Forever Act is critical to 9 the conservation and protection of natural resources and 10 improvement of water quality in the Everglades Protection Area 11 and the Everglades Agricultural Area. 12 (2) The South Florida Water Management District shall 13 administer the Everglades Trust Fund consistent with the 14 requirements of this section, as well as all other applicable 15 laws. 16 (3) The South Florida Water Management District shall 17 furnish, on a quarterly basis, a detailed copy of its 18 expenditures from the Everglades Trust Fund to the Governor, 19 the President of the Senate, and the Speaker of the House of 20 Representatives, and shall make copies available to the 21 public. The information shall be provided in a format 22 approved by the Joint Legislative Committee on Everglades 23 Oversight. At the direction of the Joint Legislative Committee 24 on Everglades Oversight, a postaudit may be made from time to 25 time by the Auditor General, and such audit shall be within 26 the authority of said Auditor General, to make. 27 (4) The following funds shall be deposited into the 28 Everglades Trust Fund specifically for the implementation of 29 the Everglades Forever Act. 30 (a) Alligator Alley toll revenues pursuant to s. 31 338.26(3), Florida Statutes. 8 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 (b) Everglades agricultural privilege tax revenues 2 pursuant to s. 373.4592(6), Florida Statutes. 3 (c) C-139 agricultural privilege tax revenues pursuant 4 to s. 373.4592(7). 5 (d) Special assessment revenues pursuant to s. 6 373.4592(8). 7 (e) Ad valorem revenues pursuant to s. 373.4592(4)(a). 8 (f) Federal funds appropriated by the United States 9 Congress for any component of the Everglades Construction 10 Project. 11 (g) Preservation 2000 funds for acquisition of lands 12 necessary for implementation of the Everglades Forever Act as 13 prescribed in an annual appropriation. 14 (h) Any additional funds specifically appropriated by 15 the Legislature for this purpose. 16 (i) Gifts designated for implementation of the 17 Everglades Forever Act from individuals, corporations, and 18 other entities. 19 (j) Any additional funds that become available for 20 this purpose from any other source. 21 (5) Funds deposited into the Everglades Trust Fund 22 pursuant to this section shall be expended for implementation 23 of the Everglades Forever Act as provided by s. 373.4592, 24 Florida Statutes. 25 (6) Funds from other sources deposited into the 26 Everglades Trust Fund shall be used consistent with the 27 purposes for which they were received. 28 (7) Annually, no later than January 1, the South 29 Florida Water Management District shall report to the Joint 30 Committee on Everglades Oversight: 31 9 CODING: Words stricken are deletions; words underlined are additions. ENROLLED 1997 Legislature CS/HB 1775, Second Engrossed 1 (a) The unencumbered balance which remains in the 2 Everglades Trust Fund at the end of each fiscal year. 3 (b) The revenues deposited in the Everglades Trust 4 Fund pursuant to this section, by source, and the record of 5 expenditures from the Everglades Trust Fund. 6 (2) This section shall take effect July 1, 1998. 7 Section 6. Except as otherwise provided herein, this 8 act shall take effect July 1, 1997. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 10