House Bill 3799er

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    ENROLLED

    1998 Legislature                                       HB 3799



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  2         An act relating to community colleges; amending

  3         ss. 239.117 and 240.35, F.S.; authorizing

  4         community colleges to bond capital improvement

  5         fees for financing or refinancing equipment,

  6         renovation, or remodeling of educational

  7         facilities; limiting terms; providing

  8         additional allowable uses; amending s. 240.319,

  9         F.S.; authorizing community college boards of

10         trustees to issue revenue bonds for the purpose

11         of equipment, renovation, or remodeling of

12         educational facilities; providing an effective

13         date.

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

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17         Section 1.  Subsection (17) of section 239.117, Florida

18  Statutes, as amended by chapter 97-383, Laws of Florida, is

19  amended to read:

20         239.117  Postsecondary student fees.--

21         (17)  Each school board and community college board of

22  trustees may establish a separate fee for capital

23  improvements, technology enhancements, or equipping buildings

24  which may not exceed 5 percent of the matriculation fee for

25  resident students or 5 percent of the matriculation and

26  tuition fee for nonresident students.  Funds collected by

27  community colleges through these fees may be bonded only for

28  the purpose of financing or refinancing new construction and

29  equipment, renovation, or remodeling of educational

30  facilities. The fee shall be collected as a component part of

31  the registration and tuition fees, paid into a separate


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    1998 Legislature                                       HB 3799



  1  account, and expended only to construct and equip, maintain,

  2  improve, or enhance the certificate career education or adult

  3  education facilities of the school district or community

  4  college. Projects funded through the use of the capital

  5  improvement fee must meet the survey and construction

  6  requirements of chapter 235.  Pursuant to s. 216.0158, each

  7  school board and community college board of trustees shall

  8  identify each project, including maintenance projects,

  9  proposed to be funded in whole or in part by such fee. Capital

10  improvement fee revenues may be pledged by a board of trustees

11  as a dedicated revenue source to the repayment of debt,

12  including lease-purchase agreements and revenue bonds, with a

13  term not to exceed 20 years, and not to exceed the useful life

14  of the asset being financed, only for the new construction and

15  equipment, renovation, or remodeling of educational

16  facilities. Community colleges may use the services of the

17  Division of Bond Finance of the State Board of Administration

18  to issue any bonds authorized through the provisions of this

19  subsection. Any such bonds issued by the Division of Bond

20  Finance shall be in compliance with the provisions of the

21  State Bond Act. Bonds issued pursuant to the State Bond Act

22  shall be validated in the manner provided by chapter 75. The

23  complaint for such validation shall be filed in the circuit

24  court of the county where the seat of state government is

25  situated, the notice required to be published by s. 75.06

26  shall be published only in the county where the complaint is

27  filed, and the complaint and order of the circuit court shall

28  be served only on the state attorney of the circuit in which

29  the action is pending. A maximum of 15 cents per credit hour

30  may be allocated from the capital improvement fee for child

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    ENROLLED

    1998 Legislature                                       HB 3799



  1  care centers conducted by the school board or community

  2  college board of trustees.

  3         Section 2.  Paragraph (t) of subsection (4) of section

  4  240.319, Florida Statutes, as created by chapter 97-383, Laws

  5  of Florida, is amended to read:

  6         240.319  Community college district boards of trustees;

  7  duties and powers.--

  8         (4)  Such rules, procedures, and policies for the

  9  boards of trustees include, but are not limited to, the

10  following:

11         (t)  Each board of trustees is authorized to borrow

12  funds and incur debt, including the issuance of revenue bonds

13  as specifically authorized in ss. 239.117(17) and 240.35(13),

14  only for the new construction and equipment, renovation or

15  remodeling of educational facilities. At the option of the

16  board of trustees, bonds may be issued which are secured by a

17  combination of revenues authorized to be pledged to bonds

18  pursuant to ss. 239.117(17) and 240.35(13).

19         Section 3.  Subsection (13) of section 240.35, Florida

20  Statutes, as amended by chapter 97-383, Laws of Florida, is

21  amended to read:

22         240.35  Student fees.--Unless otherwise provided, the

23  provisions of this section apply only to fees charged for

24  college credit instruction leading to an associate degree,

25  including college-preparatory courses defined in s. 239.105.

26         (13)  Each community college board of trustees may

27  establish a separate fee for capital improvements, technology

28  enhancements, or equipping student buildings which may not

29  exceed $1 per credit hour or credit-hour equivalent for

30  residents and which equals or exceeds $3 per credit hour for

31  nonresidents.  Funds collected by community colleges through


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CODING: Words stricken are deletions; words underlined are additions.




    ENROLLED

    1998 Legislature                                       HB 3799



  1  these fees may be bonded only for the purpose of financing or

  2  refinancing new construction and equipment, renovation, or

  3  remodeling of educational facilities.  The fee shall be

  4  collected as a component part of the registration and tuition

  5  fees, paid into a separate account, and expended only to

  6  construct and equip, maintain, improve, or enhance the

  7  educational facilities of the community college.  Projects

  8  funded through the use of the capital improvement fee shall

  9  meet the survey and construction requirements of chapter 235.

10  Pursuant to s. 216.0158, each community college shall identify

11  each project, including maintenance projects, proposed to be

12  funded in whole or in part by such fee.  Capital improvement

13  fee revenues may be pledged by a board of trustees as a

14  dedicated revenue source to the repayment of debt, including

15  lease-purchase agreements and revenue bonds, with a term not

16  to exceed 20 years, and not to exceed the useful life of the

17  asset being financed, only for the new construction and

18  equipment, renovation, or remodeling of educational

19  facilities. Community colleges may use the services of the

20  Division of Bond Finance of the State Board of Administration

21  to issue any bonds authorized through the provisions of this

22  subsection. Any such bonds issued by the Division of Bond

23  Finance shall be in compliance with the provisions of the

24  State Bond Act. Bonds issued pursuant to the State Bond Act

25  shall be validated in the manner provided by chapter 75. The

26  complaint for such validation shall be filed in the circuit

27  court of the county where the seat of state government is

28  situated, the notice required to be published by s. 75.06

29  shall be published only in the county where the complaint is

30  filed, and the complaint and order of the circuit court shall

31  be served only on the state attorney of the circuit in which


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CODING: Words stricken are deletions; words underlined are additions.




    ENROLLED

    1998 Legislature                                       HB 3799



  1  the action is pending. A maximum of 15 cents per credit hour

  2  may be allocated from the capital improvement fee for child

  3  care centers conducted by the community college.

  4         Section 4.  This act shall take effect July 1 of the

  5  year in which enacted.

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