House Bill 4545e1

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                                          HB 4545, First Engrossed



  1                      A bill to be entitled

  2         An act relating to Bay County; amending chapter

  3         67-1099, Laws of Florida, as amended, relating

  4         to the codification, re-creation,

  5         reestablishment, and organization of an airport

  6         district in Bay County, to be designated as the

  7         Panama City-Bay County Airport and Industrial

  8         District; re-creating the Board of Directors as

  9         the governing body; providing for its

10         government, jurisdiction, expansion of powers,

11         franchises, and privileges, including the

12         creation of an independent airport police

13         department, with full police powers; repealing

14         chapters 67-1099 and 69-834, Laws of Florida,

15         prior special acts relating to the airport

16         authority; providing an effective date.

17

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

19

20         Section 1.  Chapters 67-1099 and 69-834, Laws of

21  Florida, relating to the Panama City-Bay County Airport and

22  Industrial District are codified, reenacted, and repealed as

23  herein provided.

24         Section 2.  The Panama City-Bay County Airport and

25  Industrial District is re-created and reenacted to read:

26         Section 1.  Airport district established.--There is

27  created and established as a political subdivision of the

28  state, an airport district in Bay County to be known as the

29  "Panama City-Bay County Airport and Industrial District" an

30  independent special district. The boundaries of the district

31  are as follows:


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                                          HB 4545, First Engrossed



  1

  2         COMMENCE AT THE SOUTHWEST CORNER OF SECTION 19,

  3         TOWNSHIP 3 SOUTH, RANGE 14 WEST, BAY COUNTY,

  4         FLORIDA. THENCE S89°39'05"E ALONG THE SOUTH

  5         LINE OF SAID SECTION 19 FOR 99.78 FEET TO THE

  6         EAST RIGHT-OF-WAY LINE OF FRANKFORD AVENUE;

  7         THENCE N00°26'32"E ALONG SAID RIGHT-OF-WAY LINE

  8         FOR 3235.92 FEET TO THE P.C. OF A CURVE CONCAVE

  9         TO THE SOUTHWEST HAVING A RADIUS OF 682.76

10         FEET; THENCE NORTHERLY AND WESTERLY ALONG SAID

11         CURVING RIGHT-OF-WAY LINE FOR AN ARC DISTANCE

12         OF 1036.54 FEET. THE CHORD OF SAID ARC BEARING

13         N43°02'15"W FOR 939.83 FEET; THENCE N86°30'39"W

14         ALONG THE NORTHERLY RIGHT-OF-WAY LINE OF SAID

15         FRANKFORD AVENUE FOR 297.53 FEET TO THE P.C. OF

16         A CURVE CONCAVE TO THE SOUTHWEST HAVING A

17         RADIUS OF 1165.83 FEET; THENCE WESTERLY ALONG

18         SAID CURVING RIGHT-OF-WAY LINE FOR AN ARC

19         DISTANCE OF 790.63 FEET. THE CHORD OF SAID ARC

20         BEARING S74°03'40"W FOR 775.57 FEET; THENCE

21         N41°36'27"W FOR 496 FEET, MORE OR LESS, TO

22         NORTH BAY; THENCE MEANDERING EASTERLY ALONG

23         SAID NORTH BAY AND GOOSE BAYOU FOR 20,305 FEET,

24         MORE OR LESS, TO THE EAST LINE OF THE SOUTHWEST

25         QUARTER OF SECTION 18, TOWNSHIP 3 SOUTH, RANGE

26         14 WEST; THENCE S01°07'43"W ALONG SAID EAST

27         LINE FOR 202 FEET, MORE OR LESS, TO THE NORTH

28         QUARTER CORNER OF SECTION 19, TOWNSHIP 3 SOUTH,

29         RANGE 14 WEST; THENCE N89°01'40"E ALONG THE

30         NORTH LINE OF SAID SECTION 19 FOR 212 FEET,

31         MORE OR LESS, TO SAID GOOSE BAYOU; THENCE


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                                          HB 4545, First Engrossed



  1         MEANDERING EASTERLY ALONG SAID GOOSE BAYOU FOR

  2         2950 FEET, MORE OR LESS, TO SAID NORTH LINE OF

  3         SECTION 19, TOWNSHIP 3 SOUTH, RANGE 14 WEST;

  4         THENCE N89°01'40"E ALONG SAID NORTH LINE FOR

  5         1761 FEET, MORE OR LESS, TO THE NORTHEAST

  6         CORNER OF SAID SECTION 19; THENCE S01°10'45"W

  7         ALONG THE EAST LINE OF SAID SECTION 19 FOR

  8         988.51 FEET; THENCE S01°05'25"W ALONG SAID EAST

  9         LINE OF SECTION 19 FOR 3425.52 FEET TO A LINE

10         LOCATED 500 FEET NORTHEASTERLY OF AND PARALLEL

11         WITH THE SOUTHERLY EXTENSION OF PANAMA CITY-BAY

12         COUNTY AIRPORT RUNWAY NO. 14-32; THENCE

13         S37°38'38"E ALONG SAID PARALLEL LINE FOR 786.95

14         FEET TO A CURVE CONCAVE TO THE NORTHWEST ON THE

15         NORTHERLY RIGHT-OF-WAY LINE OF STATE ROAD NO.

16         390; THENCE SOUTHWESTERLY ALONG SAID

17         RIGHT-OF-WAY LINE AND SAID CURVE HAVING A

18         RADIUS OF 1096.28 FEET FOR AN ARC DISTANCE OF

19         1050.89 FEET. THE CHORD OF SAID ARC BEARING

20         S60°49'05"W FOR 1011.12 FEET TO A LINE LOCATED

21         500 FEET SOUTHWESTERLY OF AND PARALLEL WITH THE

22         SOUTHERLY EXTENSION OF THE CENTERLINE OF SAID

23         PANAMA CITY-BAY COUNTY AIRPORT RUNWAY NO.

24         14-32; THENCE N37°38'22"W ALONG SAID PARALLEL

25         LINE FOR 322.65 FEET TO THE SOUTH LINE OF SAID

26         SECTION 19; THENCE N89°39'23"W ALONG SAID SOUTH

27         LINE FOR 2007.71 FEET TO THE EAST RIGHT-OF-WAY

28         LINE OF LISENBY AVENUE; THENCE N01°06'32"E

29         ALONG SAID EAST RIGHT-OF-WAY LINE FOR 487.52

30         FEET TO THE EASTERLY EXTENSION OF THE NORTH

31         LINE OF PROPERTY DESCRIBED IN OFFICIAL RECORD


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                                          HB 4545, First Engrossed



  1         BOOK 239, PAGE 521, IN THE PUBLIC RECORDS OF

  2         BAY COUNTY, FLORIDA; THENCE N89°13'43"W ALONG

  3         SAID EASTERLY EXTENSION AND ALONG THE NORTH

  4         LINE OF SAID PROPERTY FOR 710.07 FEET TO THE

  5         EAST LINE OF THE SOUTHWEST QUARTER OF THE

  6         SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF

  7         SAID SECTION 19; THENCE N01°04'28"E ALONG SAID

  8         EAST LINE FOR 172.17 FEET TO THE NORTHEAST

  9         CORNER OF SAID SOUTHWEST QUARTER OF THE

10         SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF

11         SAID SECTION 19; THENCE N89°13'18"W ALONG THE

12         NORTH LINE OF SAID SOUTHWEST QUARTER OF THE

13         SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF

14         SECTION 19 FOR 493.77 FEET TO THE SOUTH

15         RIGHT-OF-WAY LINE OF AIRPORT ROAD; THENCE

16         N13°23'57"W FOR 66.00 FEET TO THE NORTH

17         RIGHT-OF-WAY LINE OF SAID AIRPORT ROAD; THENCE

18         S76°36'03"W ALONG THE NORTH RIGHT-OF-WAY LINE

19         OF SAID AIRPORT ROAD FOR 187.29 FEET; THENCE

20         S01°07'33"W ALONG THE WEST RIGHT-OF-WAY LINE OF

21         SAID AIRPORT ROAD FOR 688.24 FEET TO THE SOUTH

22         LINE OF SAID SECTION 19; THENCE N89°39'05"W

23         ALONG SAID SOUTH LINE FOR 1187.24 FEET TO THE

24         POINT OF BEGINNING. LESS AND EXCEPT THE

25         RIGHT-OF-WAY OF AIRPORT ROAD AND LISENBY

26         AVENUE.

27

28         ALSO LESS AND EXCEPT: COMMENCE AT A POINT WHICH

29         IS THE INTERSECTION OF A LINE 33 FEET WEST OF

30         AND PARALLEL WITH THE EAST LINE OF SECTION 19,

31         TOWNSHIP 3 SOUTH, RANGE 14 WEST AND A LINE 750


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                                          HB 4545, First Engrossed



  1         FEET NORTHEASTERLY OF AND PARALLEL WITH THE

  2         CENTERLINE OF THE NORTHWEST-SOUTHEAST RUNWAY

  3         (RUNWAY 14-32) FOR A POINT OF BEGINNING, THENCE

  4         NORTH ALONG A LINE WHICH IS 33 FEET WEST OF AND

  5         PARALLEL WITH THE EAST LINE OF SAID SECTION 19,

  6         TOWNSHIP 3 SOUTH, RANGE 14 WEST 580 FEET;

  7         THENCE WEST 453.15 FEET TO A POINT ON A LINE

  8         750 FEET NORTHEASTERLY OF AND PARALLEL WITH THE

  9         CENTERLINE OF SAID NORTHWEST-SOUTHEAST RUNWAY

10         (RUNWAY 14-32); THENCE SOUTHEASTERLY PARALLEL

11         AND 750 FEET NORTHEASTERLY OF THE CENTERLINE OF

12         SAID NORTHWEST-SOUTHEAST RUNWAY TO THE POINT OF

13         BEGINNING. THE ABOVE DESCRIBED PROPERTY

14         CONTAINS 3 ACRES, MORE OR LESS.

15

16         THAT PART OF LOTS 8, 9, 10, 23, 24, 25 AND 26,

17         ST. ANDREWS BAY DEVELOPMENT COMPANY'S

18         SUBDIVISION OF SECTION 29, TOWNSHIP 3 SOUTH,

19         RANGE 14 WEST, BAY COUNTY, FLORIDA, ACCORDING

20         TO THE PLAT RECORDED IN PLAT BOOK 6, PAGE 19,

21         IN THE PUBLIC RECORDS OF BAY COUNTY, FLORIDA,

22         AND THAT PART OF LOTS 1, 16 AND 17, ST. ANDREWS

23         BAY DEVELOPMENT COMPANY'S SUBDIVISION OF

24         SECTION 30, TOWNSHIP 3 SOUTH, RANGE 14 WEST,

25         BAY COUNTY, FLORIDA, ACCORDING TO THE PLAT

26         RECORDED IN PLAT BOOK 6, PAGE 20, IN THE PUBLIC

27         RECORDS OF BAY COUNTY, FLORIDA, LYING

28         SOUTHEASTERLY OF STATE ROAD 390, SOUTHERLY OF

29         BALDWIN ROAD, EASTERLY OF STANFORD ROAD,

30         WESTERLY OF A LINE LOCATED 500 FEET EASTERLY

31         AND PARALLEL WITH THE SOUTHERLY EXTENSION OF


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                                          HB 4545, First Engrossed



  1         THE CENTERLINE OF RUNWAY 14-32, PANAMA CITY-BAY

  2         COUNTY AIRPORT AND EASTERLY OF A LINE 500 FEET

  3         WESTERLY OF AND PARALLEL WITH SAID SOUTHERLY

  4         EXTENSION OF RUNWAY NO. 14-32.

  5

  6         THAT PART OF LOT 16, ST. ANDREWS BAY

  7         DEVELOPMENT COMPANY'S SUBDIVISION OF SECTION

  8         30, TOWNSHIP 3 SOUTH, RANGE 14 WEST, ACCORDING

  9         TO THE PLAT BOOK 6, PAGE 20 IN THE PUBLIC

10         RECORDS OF BAY COUNTY, FLORIDA, LYING SOUTHERLY

11         OF STATE ROAD NO. 390, WESTERLY OF STANFORD

12         ROAD AND EASTERLY OF A LINE LOCATED 500 FEET

13         WESTERLY OF AND PARALLEL WITH THE SOUTHERLY

14         EXTENSION OF RUNWAY 14-32, PANAMA CITY-BAY

15         COUNTY AIRPORT.

16

17         THAT PART OF LOT 121, ST. ANDREWS BAY

18         DEVELOPMENT COMPANY'S SUBDIVISION OF SECTION

19         20, TOWNSHIP 3 SOUTH, RANGE 14 WEST, BAY

20         COUNTY, FLORIDA, ACCORDING TO THE PLAT RECORDED

21         IN PLAT BOOK 6, PAGE 12, IN THE PUBLIC RECORDS

22         OF BAY COUNTY, FLORIDA, LYING EASTERLY OF STATE

23         ROAD NO. 390, NORTHERLY OF BALDWIN ROAD AND

24         WESTERLY OF A LINE 500 FEET EASTERLY OF AND

25         PARALLEL WITH THE SOUTHERLY EXTENSION OF THE

26         CENTERLINE OF RUNWAY NO. 14-32, PANAMA CITY-BAY

27         COUNTY AIRPORT.

28

29         COMMENCE AT THE SOUTHEAST CORNER OF SECTION 24,

30         TOWNSHIP 3 SOUTH, RANGE 15 WEST, BAY COUNTY,

31         FLORIDA. RUN THENCE N00°26'20"E A DISTANCE OF


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                                          HB 4545, First Engrossed



  1         2430.40 FEET; THENCE N89°33'40"W A DISTANCE OF

  2         847.00 FEET; THENCE N00°26'20"E 991.00 FEET;

  3         THENCE N89°33'40"W 70.00 FEET TO THE WEST

  4         RIGHT-OF-WAY LINE OF CALHOUN AVENUE AND THE

  5         POINT OF BEGINNING. THENCE N00°26'20"E ALONG

  6         SAID RIGHT-OF-WAY LINE 416.16 FEET TO THE SOUTH

  7         RIGHT-OF-WAY LINE OF FRANKFORD AVENUE AND BEING

  8         A POINT ON A CURVE TO THE LEFT (SOUTHWESTERLY)

  9         THENCE RUN THRU SAID CURVE HAVING A DELTA OF

10         41°26'06" TO THE LEFT, RADIUS OF 1065.83 FEET,

11         AND AN ARC OF 770.79 FEET TO A POINT ON SOUTH

12         RIGHT-OF-WAY LINE OF FRANKFORD AVENUE AND BEING

13         THE EAST LINE OF THE STATE BOARD OF HEALTH

14         LABORATORY SITE; THENCE RUN SOUTHWESTERLY ALONG

15         SAID RIGHT-OF-WAY LINE 755 FEET, MORE OR LESS,

16         TO THE EAST BOUNDARY LINE OF THE STATE BOARD OF

17         HEALTH LABORATORY SITE; THENCE RUN

18         SOUTHEASTERLY ALONG SAID BOUNDARY LINE 156.45

19         FEET TO THE WATERS EDGE OF ROBINSON BAYOU;

20         THENCE RUN SOUTHEASTERLY ALONG SAID WATERS EDGE

21         TO A POINT N89°33'40"W OF THE POINT OF

22         BEGINNING. THENCE RUN S89°33'40"E 494 FEET TO

23         THE WEST RIGHT-OF-WAY LINE OF CALHOUN AVENUE

24         AND THE POINT OF BEGINNING; SAID PARCEL

25         CONTAINING 4.87 ACRES, MORE OR LESS.

26

27         COMMENCE AT THE SOUTHEAST CORNER OF SECTION 24,

28         TOWNSHIP 3 SOUTH, RANGE 15 WEST, BAY COUNTY,

29         FLORIDA; THENCE RUN N00°23'08"E ALONG THE EAST

30         LINE OF SAID SECTION 24 FOR 2499.09 FEET;

31         THENCE N89°33'20"W ALONG THE SOUTH LINE OF


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                                          HB 4545, First Engrossed



  1         PROPERTY CONVEYED TO APEX METALS AND

  2         ENGINEERING CO., INC. AND A PROJECTION THEREOF

  3         FOR 31.02 FEET TO THE INTERSECTION OF SAID

  4         SOUTH LINE WITH THE NORTH RIGHT-OF-WAY LINE OF

  5         CALHOUN AVENUE FOR THE POINT OF BEGINNING.

  6         THENCE CONTINUE N89°33'10"W ALONG SAID SOUTH

  7         LINE FOR 266.83 FEET TO THE SOUTHWEST CORNER OF

  8         SAID PROPERTY; THENCE N00°27'56"E ALONG THE

  9         WEST LINE OF SAID PROPERTY FOR 499.96 FEET TO

10         THE NORTHWEST CORNER OF SAID PROPERTY; THENCE

11         S89°33'35"E ALONG THE NORTH LINE OF SAID

12         PROPERTY FOR 299.89 FEET TO THE WEST

13         RIGHT-OF-WAY LINE OF FRANKFORD AVENUE; THENCE

14         N00°26'32"E ALONG SAID WEST RIGHT-OF-WAY LINE

15         FOR 237.02 FEET TO THE P.C. OF A CURVE CONCAVE

16         TO THE SOUTHWEST HAVING A RADIUS OF 582.76

17         FEET; THENCE NORTHWESTERLY ALONG SAID CURVING

18         RIGHT-OF-WAY LINE FOR AN ARC DISTANCE OF 830.63

19         FEET, THE CHORD OF SAID ARC BEARING N40°22'39"W

20         FOR 762.08 FEET TO THE EAST LINE OF PROPERTY

21         CONVEYED TO KAUFMANN AMERICA, INC., THENCE

22         S00°25'53"W ALONG SAID EAST LINE FOR 621.96

23         FEET TO THE SOUTHEAST CORNER OF SAID PROPERTY;

24         THENCE N89°33'52"W ALONG THE SOUTH LINE OF SAID

25         PROPERTY FOR 307.01 FEET TO THE EAST

26         RIGHT-OF-WAY LINE OF CALHOUN AVENUE; THENCE

27         SOUTHERLY AND EASTERLY ALONG THE EASTERLY AND

28         NORTHERLY RIGHT-OF-WAY LINE OF SAID CALHOUN

29         AVENUE AS FOLLOWS: SOUTHERLY ALONG A CURVE

30         CONCAVE TO THE WEST HAVING A RADIUS OF 607.96

31         FEET FOR AN ARC DISTANCE OF 105.38 FEET, THE


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                                          HB 4545, First Engrossed



  1         CHORD OF SAID ARC BEARING S04°32'31"E FOR

  2         105.24 FEET; THENCE S00°25'25"W FOR 560.76 FEET

  3         TO THE P.C. OF A CURVE CONCAVE TO THE NORTHEAST

  4         HAVING A RADIUS OF 27.00 FEET; THENCE SOUTHERLY

  5         AND EASTERLY ALONG SAID CURVE FOR AN ARC

  6         DISTANCE OF 41.09 FEET, THE CHORD OF SAID ARC

  7         BEARING S43°10'19"E FOR 37.24 FEET; THENCE

  8         S86°46'03"E FOR 246.50 FEET TO THE P.C. OF A

  9         CURVE CONCAVE TO THE NORTH HAVING A RADIUS OF

10         2829.79 FEET; THENCE EASTERLY ALONG SAID CURVE

11         FOR AN ARC DISTANCE OF 309.06 FEET, THE CHORD

12         OF SAID ARC BEARING S89°53'47"E FOR 308.91

13         FEET; THENCE N89°58'29"E FOR 182.00 FEET TO THE

14         POINT OF BEGINNING.

15

16         ALSO: THAT ISLAND KNOWN AS GOOSE ISLAND LOCATED

17         NORTH OF A WESTERLY PROJECTION OF THE SOUTH

18         LINE OF SECTION 18, TOWNSHIP 3 SOUTH, RANGE 14

19         WEST, BAY COUNTY, FLORIDA, AND WEST OF A

20         NORTHERLY PROJECTION OF THE EAST LINE OF

21         SECTION 24, TOWNSHIP 3 SOUTH, RANGE 15 WEST,

22         BAY COUNTY, FLORIDA.

23

24         UNAVAILABLE

25

26         UNAVAILABLE

27

28         COMMENCING AT THE POINT ON THE SOUTH LINE OF

29         SECTION 19, TOWNSHIP 3 SOUTH, RANGE 14 WEST,

30         WHERE THE SAME IS INTERSECTED BY THE EAST LINE

31         OF LISENBY AVENUE AND WHICH POINT IS 2607 FEET


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                                          HB 4545, First Engrossed



  1         WEST OF THE SOUTHEAST CORNER OF SAID SECTION

  2         FOR POINT OF BEGINNING; THENCE NORTH 0°32'10"

  3         EAST ALONG THE EAST LINE OF LISENBY AVENUE A

  4         DISTANCE OF 300 FEET; THENCE SOUTH 89°47'50"

  5         EAST A DISTANCE OF 500 FEET; THENCE SOUTH

  6         0°32'10" WEST A DISTANCE OF 300 FEET; THENCE

  7         NORTH 89°47'50" WEST A DISTANCE OF 500 FEET TO

  8         THE POINT OF BEGINNING.

  9

10         LOTS 14A, 15A, AND 16A OF FOREST HILLS, UNIT

11         ONE, ACCORDING TO A PLAT OF SAME RECORDED IN

12         PLAT BOOK 10, PAGE 71, IN THE PUBLIC RECORDS OF

13         BAY COUNTY, FLORIDA.

14

15         LOT 18, IN BLOCK C ACCORDING TO THE PLAT OF

16         KING'S ESTATE, UNIT TWO, AS RECORDED IN PLAT

17         BOOK 12, PAGES 28 AND 29 IN THE OFFICE OF THE

18         CLERK OF THE CIRCUIT COURT OF BAY COUNTY,

19         FLORIDA.

20

21         LOT 19, BLOCK C, KING'S ESTATES, UNIT 2, AS PER

22         PLAT RECORDED IN PLAT BOOK 12, PAGE 29 OF THE

23         PUBLIC RECORDS OF BAY COUNTY, FLORIDA.

24

25         LOT 17, BLOCK C, KING'S ESTATES, UNIT 2, AS PER

26         PLAT THEREOF RECORDED IN PLAT BOOK 12, PAGE 29,

27         PUBLIC RECORDS OF BAY COUNTY, FLORIDA.

28

29         LOT 9, BLOCK E, KING'S ESTATES, UNIT TWO,

30         ACCORDING TO PLAT ON FILE IN PLAT BOOK 12,

31


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                                          HB 4545, First Engrossed



  1         PAGES 28 AND 29, PUBLIC RECORDS OF BAY COUNTY,

  2         FLORIDA.

  3

  4         LOT 20, BLOCK C, KING'S ESTATES, UNIT TWO,

  5         ACCORDING TO PLAT ON FILE IN PLAT BOOK 12,

  6         PAGES 28 AND 29, PUBLIC RECORDS OF BAY COUNTY,

  7         FLORIDA.

  8

  9         PARCEL I:

10

11         COMMENCE AT THE INTERSECTION OF THE EAST

12         RIGHT-OF-WAY LINE OF STANFORD ROAD AND THE

13         SOUTH LINE OF LOT 17, SECTION 30, TOWNSHIP 3

14         SOUTH, RANGE 14 WEST; THENCE N 02°54'05" W

15         ALONG SAID RIGHT-OF-WAY LINE, 158.51 FEET TO

16         THE POINT OF BEGINNING; THENCE CONTINUE N

17         02°54'05" W ALONG SAID RIGHT-OF-WAY LINE,

18         231.20 FEET TO THE WESTERLY RIGHT-OF-WAY LINE

19         OF THE DOOLITTLE APPROACH ZONE; THENCE S

20         41°42'10" E ALONG SAID RIGHT-OF-WAY LINE 292.58

21         FEET; THENCE S 86°06'10" W, 183.37 FEET TO THE

22         POINT OF BEGINNING.

23

24         PARCEL II:

25

26         COMMENCE AT THE INTERSECTION OF THE EAST

27         RIGHT-OF-WAY LINE OF STANFORD ROAD AND THE

28         SOUTH LINE OF LOT 17, SECTION 30, TOWNSHIP 3

29         SOUTH, RANGE 14 WEST; THENCE N 02°54'05" W

30         ALONG SAID RIGHT-OF-WAY LINE, 58.51 FEET TO THE

31         POINT OF BEGINNING; THENCE CONTINUE N 02°54'05"


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                                          HB 4545, First Engrossed



  1         W ALONG SAID RIGHT-OF-WAY LINE, 100 FEET;

  2         THENCE N 86°06'10" E 183.37 FEET; THENCE S

  3         41°42'10" E, 127.93 FEET; THENCE S 86°35'25" W,

  4         128.53 FEET; THENCE S 86°06'10" W, 135 FEET TO

  5         THE POINT OF BEGINNING.

  6

  7         LOT 12 AND THE NORTH 5.5 FEET LOT 11, BLOCK E,

  8         KING'S ESTATES UNIT TWO AS PER PLAT RECORDED IN

  9         PLAT BOOK 12, PAGE 29, OF THE PUBLIC RECORDS OF

10         BAY COUNTY, FLORIDA.

11

12         LOT 16, BLOCK C, ACCORDING TO THE PLAT OF

13         KING'S ESTATES, UNIT TWO, AS RECORDED IN PLAT

14         BOOK 12, PAGES 28 AND 29, IN THE OFFICE OF THE

15         CLERK OF THE CIRCUIT COURT OF BAY COUNTY,

16         FLORIDA.

17

18         PARCEL A:

19

20         COMMENCE AT THE SOUTHEAST CORNER OF LOT 25, ST.

21         ANDREW BAY DEVELOPMENT COMPANY'S SUBDIVISION OF

22         SECTION 29, TOWNSHIP 3 SOUTH, RANGE 14 WEST,

23         ACCORDING TO THE PLAT RECORDED IN PLAT BOOK 6,

24         PAGE 19, IN THE PUBLIC RECORDS OF BAY COUNTY,

25         FLORIDA. THENCE NORTH 89°23'19" WEST ALONG THE

26         SOUTH LINE OF SAID LOT 25 FOR 402.60 FEET TO

27         ITS INTERSECTION WITH A LINE LOCATED 1900.00

28         FEET SOUTHEASTERLY OF THE SOUTHEASTERLY END OF

29         BAY COUNTY AIRPORT RUNWAY NO. 14-32 FOR THE

30         POINT OF BEGINNING. THENCE CONTINUE NORTH

31         89°23'19" WEST ALONG SAID SOUTH LINE OF LOT 25


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                                          HB 4545, First Engrossed



  1         FOR 129.37 FEET TO A LINE LOCATED 750 FEET

  2         SOUTHWESTERLY OF AND PARALLEL WITH THE

  3         SOUTHEASTERLY EXTENSION OF THE CENTERLINE OF

  4         SAID BAY COUNTY AIRPORT RUNWAY NO. 14-32;

  5         THENCE NORTH 37°38'22" WEST ALONG SAID PARALLEL

  6         LINE FOR 76.40 FEET TO ITS INTERSECTION WITH A

  7         LINE LOCATED 60 FEET NORTH OF AND PARALLEL WITH

  8         THE SOUTH LINE OF SAID LOT 25; THENCE SOUTH

  9         89°23'19" EAST ALONG SAID LINE LOCATED 60 FEET

10         NORTH OF AND PARALLEL WITH THE SOUTH LINE OF

11         LOT 25 FOR 252.26 FEET TO ITS INTERSECTION WITH

12         SAID LINE LOCATED 1900.00 FEET SOUTHEASTERLY OF

13         THE SOUTHEASTERLY END OF RUNWAY NO. 14-32;

14         THENCE SOUTH 52°21'22" WEST ALONG SAID LINE

15         LOCATED 1900.00 FEET SOUTHEASTERLY OF THE

16         SOUTHEASTERLY END OF SAID RUNWAY FOR 96.90 FEET

17         TO THE POINT OF BEGINNING.

18

19         PARCEL B:

20

21         COMMENCE AT THE NORTHEAST CORNER OF LOT 40, ST.

22         ANDREW BAY DEVELOPMENT COMPANY'S SUBDIVISION OF

23         SECTION 29, TOWNSHIP 3 SOUTH, RANGE 14 WEST,

24         ACCORDING TO THE PLAT RECORDED IN PLAT BOOK 6,

25         PAGE 19, IN THE PUBLIC RECORDS OF BAY COUNTY,

26         FLORIDA. THENCE NORTH 89°23'19" WEST ALONG THE

27         NORTH LINE OF SAID LOT 40 FOR 402.60 FEET TO

28         ITS INTERSECTION WITH A LINE LOCATED 1900.00

29         FEET SOUTHEASTERLY OF THE SOUTHEASTERLY END OF

30         BAY COUNTY AIRPORT RUNWAY NO. 14-32 FOR THE

31         POINT OF BEGINNING. THENCE SOUTH 52°21'22" WEST


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                                          HB 4545, First Engrossed



  1         ALONG SAID LINE LOCATED 1900.00 FEET

  2         SOUTHEASTERLY OF THE SOUTHEASTERLY END OF

  3         RUNWAY NO. 14-32 FOR 101.59 FEET TO ITS

  4         INTERSECTION WITH A LINE LOCATED 750.00 FEET

  5         SOUTHWESTERLY OF AND PARALLEL WITH THE

  6         SOUTHEASTERLY EXTENSION OF THE CENTERLINE OF

  7         SAID BAY COUNTY AIRPORT RUNWAY NO. 14-32;

  8         THENCE NORTH 37°38'22" WEST ALONG SAID PARALLEL

  9         LINE FOR 80.10 FEET TO ITS INTERSECTION WITH

10         THE NORTH LINE OF SAID LOT 40; THENCE SOUTH

11         89°23'19" EAST ALONG SAID NORTH LINE FOR 129.37

12         FEET TO THE POINT OF BEGINNING.

13

14         COMMENCE AT THE NORTHEAST CORNER OF LOT 13,

15         BLOCK E, KING'S ESTATES UNIT TWO AS RECORDED IN

16         PLAT BOOK 12, PAGE 29, OF THE PUBLIC RECORDS OF

17         BAY COUNTY, FLORIDA; THENCE SOUTH 01°09'54"

18         WEST ALONG THE WEST RIGHT-OF-WAY LINE OF

19         STANFORD ROAD 42.78 FEET TO THE POINT OF

20         BEGINNING; THENCE CONTINUE SOUTH 01°09'54" WEST

21         ALONG THE WEST RIGHT-OF-WAY LINE OF STANFORD

22         ROAD 37.22 FEET TO THE SOUTHEAST CORNER OF LOT

23         13; THENCE NORTH 89°52'01" WEST ALONG THE SOUTH

24         LINE OF LOT 13, 144.56 FEET TO THE SOUTHWEST

25         CORNER OF LOT 13; THENCE NORTH 01°09'54" EAST

26         ALONG THE WEST LINE OF LOT 13, 38.62 FEET;

27         THENCE SOUTH 89°18'44" EAST 144.59 FEET TO THE

28         POINT OF BEGINNING.

29

30         BEGIN AT THE NORTHEAST CORNER OF LOT 13, BLOCK

31         "E", KING'S ESTATES UNIT TWO AS RECORDED IN


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                                          HB 4545, First Engrossed



  1         PLAT BOOK 12, PAGE 29, OF THE PUBLIC RECORDS OF

  2         BAY COUNTY, FLORIDA; THENCE SOUTH 01°09'54"

  3         SECONDS WEST, ALONG THE WEST RIGHT-OF-WAY LINE

  4         OF STANFORD ROAD 42.78 FEET; THENCE NORTH

  5         89°18'44" WEST, 144.59 FEET; THENCE NORTH

  6         01°09'54" EAST, 41.38 FEET TO THE NORTHWEST

  7         CORNER OF LOT 13; THENCE SOUTH 89°52'01" EAST

  8         ALONG THE NORTH LINE OF LOT 13, 144.63 FEET TO

  9         THE POINT OF BEGINNING.

10

11         LOT 11, LESS THE NORTH 5.5 FEET, BLOCK E,

12         KING'S ESTATES UNIT TWO, ACCORDING TO THE PLAT

13         ON FILE IN PLAT BOOK 12, PAGES 28 AND 29, IN

14         THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF

15         BAY COUNTY, FLORIDA.

16

17         LESS AND EXCEPT ANY PORTION THAT LIES WITHIN

18         THE FOLLOWING: COMMENCING AT THE SOUTHWEST

19         CORNER OF SECTION 20, TOWNSHIP 3 SOUTH, RANGE

20         14 WEST FOR POINT OF BEGINNING; THENCE NORTH

21         ALONG THE WEST LINE OF SECTION 20, TOWNSHIP 3

22         SOUTH, RANGE 14 WEST A DISTANCE OF 866.8 FEET;

23         THENCE ON A TRUE BEARING S38°E A DISTANCE OF

24         2263.2 FEET; THENCE ON A TRUE BEARING S52°W A

25         DISTANCE OF 1000 FEET; THENCE ON A TRUE BEARING

26         N38°W A DISTANCE OF 1943.2 FEET TO THE NORTH

27         LINE OF SAID SECTION 30, TOWNSHIP 3 SOUTH,

28         RANGE 14 WEST; THENCE EAST ALONG THE NORTH LINE

29         OF SAID SECTION 30, TOWNSHIP 3 SOUTH, RANGE 14

30         WEST A DISTANCE OF 583.7 FEET TO THE POINT OF

31         BEGINNING. (END OF EXCEPTION)


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                                          HB 4545, First Engrossed



  1

  2         LOT 10, BLOCK E, KING'S ESTATES, UNIT TWO

  3         ACCORDING TO THE PLAT THEREOF ON FILE IN THE

  4         OFFICE OF THE CLERK OF THE CIRCUIT COURT OF BAY

  5         COUNTY, FLORIDA, IN PLAT BOOK 12, PAGE 28.

  6

  7         LOTS 72, 73, 88 AND 89 AND THAT PORTION OF LOTS

  8         71, 74, 87 AND 90 LYING WEST OF STATE ROAD NO.

  9         390, ST. ANDREWS BAY DEVELOPMENT COMPANY'S

10         SUBDIVISION OF SECTION 20, TOWNSHIP 3 SOUTH,

11         RANGE 14 WEST, ACCORDING TO THE PLAT RECORDED

12         IN BAY COUNTY PLAT BOOK 6, PAGE 12, LESS AND

13         EXCEPT: THE SOUTH 66 FEET OF SAID LOTS 89 AND

14         90, ALSO LESS AND EXCEPT: THAT PORTION OF SAID

15         LOTS 72, 73, 88 AND 89 LYING WITHIN THE WEST 40

16         FEET OF SAID SECTION 20.

17

18         LOT 14, BLOCK E, KING'S ESTATES, UNIT TWO

19         ACCORDING TO THE PLAT THEREOF ON FILE IN THE

20         OFFICE OF THE CLERK OF THE CIRCUIT COURT OF BAY

21         COUNTY, FLORIDA, IN PLAT BOOK 12, PAGE 28 AND

22         29.

23

24         THE NORTH HALF OF THE SOUTHWEST QUARTER OF THE

25         SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF

26         SECTION 19, TOWNSHIP 3 SOUTH, RANGE 14 WEST,

27         BAY COUNTY, FLORIDA. LESS AND EXCEPT THE

28         RIGHT-OF-WAY OF AIRPORT ROAD.

29

30         COMMENCE AT THE SOUTHWEST CORNER OF SECTION 20,

31         TOWNSHIP 3 SOUTH, RANGE 14 WEST, BAY COUNTY,


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                                          HB 4545, First Engrossed



  1         FLORIDA. THENCE NORTH 89°51'22" EAST ALONG THE

  2         SOUTH LINE OF SAID SECTION 20 FOR 681.65 FEET

  3         TO A LINE LOCATED 500 FEET NORTHEASTERLY OF AND

  4         PARALLEL WITH THE SOUTHERLY EXTENSION OF THE

  5         CENTERLINE OF PANAMA CITY/BAY COUNTY

  6         INTERNATIONAL AIRPORT RUNWAY NO. 32. THENCE

  7         NORTH 37°38'38" WEST ALONG SAID PARALLEL LINE

  8         FOR 63.02 FEET TO THE NORTH RIGHT-OF-WAY LINE

  9         OF BALDWIN ROAD (100' RIGHT-OF-WAY) FOR THE

10         POINT OF BEGINNING. THENCE CONTINUE NORTH

11         37°38'38" WEST ALONG SAID PARALLEL LINE FOR

12         133.94 FEET TO A CURVE CONCAVE TO THE NORTHWEST

13         HAVING A RADIUS OF 1196.28 FEET ON THE

14         SOUTHEASTERLY RIGHT-OF-WAY LINE OF STATE ROAD

15         NO. 390. THENCE NORTHEASTERLY ALONG SAID

16         CURVING RIGHT-OF-WAY LINE FOR AN ARC DISTANCE

17         OF 115.72 FEET TO THE NORTHEASTERLY LINE OF A

18         RUNWAY PROTECTION ZONE. THENCE SOUTH 46°10'29"

19         EAST ALONG SAID NORTHEASTERLY LINE FOR 293.83

20         FEET TO THE NORTH RIGHT-OF-WAY LINE OF SAID

21         BALDWIN ROAD. THENCE SOUTH 89°51'22" WEST ALONG

22         SAID NORTH RIGHT-OF-WAY LINE FOR 191.89 FEET TO

23         THE POINT OF BEGINNING, CONTAINING 0.614 ACRE,

24         MORE OR LESS.

25

26         Section 2.  Definitions.--As used in this act, the

27  following words and terms shall have the following meanings:

28         (1)  "Airport authority" or "authority" means the

29  Panama City-Bay County Airport and Industrial District

30  hereinafter created.

31         (2)  "City" means the City of Panama City.


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                                          HB 4545, First Engrossed



  1         (3)  "County" means the County of Bay.

  2         (4)  "County commissioners" means the Board of County

  3  Commissioners, the governing body of the County of Bay.

  4         (5)  "Aviation facility" means all land, improved or

  5  unimproved, hangars, buildings, passenger terminals, shops,

  6  restaurants, hotels, office buildings, and any and all other

  7  facilities including property rights, easements, and

  8  franchises the authority deems necessary and convenient.

  9         (6)  "Airport project" or "project" means any one or

10  any combination of two or more of the following when

11  undertaken by or owned, controlled, or operated by the airport

12  authority:  airports, airport facilities, landing fields,

13  hangars, shops, terminals, buildings, oil tanks, pipe lines,

14  industrial parks, warehouses, and terminal railway facilities

15  including rolling stock, belt line railroad, bridges,

16  causeways, tunnels, facilities for the loading, unloading and

17  handling of passengers, mail express, freight and other cargo,

18  hotels, office buildings, industrial facilities, and any and

19  all other facilities, including all property rights,

20  easements, and franchises relating to any such project or

21  projects which, by resolution, the authority may deem

22  necessary and convenient.

23         (7)  "Improvements" means such replacements, repairs,

24  extensions, additions, enlargements, and betterments of and to

25  a project as are deemed necessary to place such project in

26  proper condition for the safe, efficient, and economic

27  operation thereof, when such project shall be undertaken by or

28  owned, controlled, or operated by the airport authority.

29         (8)  "Cost," as applied to improvements, means the cost

30  of acquiring or constructing improvements as hereinabove

31  defined and shall include the cost of all labor and materials,


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                                          HB 4545, First Engrossed



  1  of all machinery and equipment, cost of engineering and legal

  2  expense, plans specifications, financing charges, and such

  3  other expenses as may be necessary or incident to such

  4  acquisition or construction.

  5         (9)  "Cost," as applied to a project acquired,

  6  constructed, extended, or enlarged, includes the purchase

  7  price of any project acquired, the cost of such construction,

  8  extension, or enlargement, the cost of improvements, the cost

  9  of all lands, properties, rights, easements, and franchises

10  acquired, the cost of all machinery and equipment, the cost of

11  engineering and legal services, all investigations and audits,

12  financing charges and all other expenses necessary or incident

13  to determining the practicability or feasibility of such

14  acquisition or construction, administrative expense, and such

15  other expenses as may be necessary or incident to the

16  financing herein authorized and to the construction or

17  acquisition of a project and the placing of the same in

18  operation. Any obligation or expense incurred by the airport

19  authority prior to the issuance of bonds or revenue bonds

20  under the provisions of this act for engineering studies and

21  for estimates of cost and of revenues and for other technical,

22  financial, or legal services in connection with the

23  acquisition or construction of any project may be regarded as

24  part of the cost of such project.

25         (10)  "Bonds" means revenue bonds, refunding bonds, or

26  other evidence of indebtedness or obligations in either

27  temporary or definitive form, which the authority is

28  authorized to issue pursuant to this act.

29         (11)  "Revenue bonds" means revenue certificates or

30  other obligations and the interest thereon which are payable

31  from revenues derived from the operation of the facilities of


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                                          HB 4545, First Engrossed



  1  the airport authority or from other sources than ad valorem

  2  taxes.

  3         (12)  "Facility" or "facilities" means and includes all

  4  projects and improvements of the airport authority.

  5         Section 3.  Governing Board.--The Board of Directors, a

  6  body corporate and politic, shall be the governing board of

  7  the Panama City-Bay County Airport and Industrial District.

  8         (1)  The board shall consist of five persons who are

  9  citizens and residents of Bay County. Two of said five members

10  shall be appointed by the City Commission of the City of

11  Panama City. Two of said five members shall be appointed by

12  the Board of County Commissioners of Bay County. Said four

13  members so appointed shall select the fifth member. Upon the

14  expiration of the several terms of the members as herein

15  provided, the Board of County Commissioners of Bay County and

16  the City Commission of the City of Panama City shall appoint

17  successors for the members whose terms are expiring each to

18  hold office for a term of 2 years. The fifth member of said

19  authority shall always hold office for a term of 2 years and

20  shall be selected by the four appointed members as aforesaid.

21         (2)  Three members of the board shall constitute a

22  quorum. The vote of three members shall be necessary for any

23  action taken by the board involving the incurring of any

24  indebtedness or expenditures of authority funds or moneys.

25         (3)  The members of the board shall not receive

26  compensation for their services, but shall be reimbursed for

27  travel and per diem the same as that provided for county

28  officials; however, members of the board must submit a signed

29  statement requesting the allowable expenses within 6 months

30  from the date of the incurring of such expenses.

31


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                                          HB 4545, First Engrossed



  1         (4)  An airport manager may be employed by the board,

  2  who shall be a full-time employee and shall devote his or her

  3  time and attention to the discharge of his or her duties. The

  4  airport manager shall receive such salary as the board may

  5  set.

  6         (5)  The board shall have power to employ such persons

  7  in addition to the airport manager as the business of the

  8  airport authority may require.

  9         (6)  The board shall have the power to establish an

10  independent Airport Police Department with full police powers.

11         (7)  The board shall have the power to contract with

12  similar authorities in carrying out common projects and the

13  purposes of this act.

14         Section 4.  Purposes of airport authority.--The airport

15  authority is created for the purpose of acquiring,

16  constructing, improving, financing, operating, and maintaining

17  airport projects and any other development of land owned or

18  leased by the authority and necessary to the economic welfare

19  of the inhabitants of the authority and which will promote the

20  economic, commercial, and industrial development of the

21  authority. The exercise by the authority of the powers

22  conferred by this act shall be deemed to be and shall

23  constitute a public purpose.

24         Section 5.  Powers of the Board of Directors.--The

25  Board of Directors shall have all of the power necessary and

26  proper to carry out the purposes and intent of this act,

27  including the power to sue and be sued, under the name of the

28  "Panama City-Bay County Airport and Industrial District," to

29  contract and be contracted with, to adopt and use a common

30  seal and to alter same; to acquire, purchase, hold, lease,

31  mortgage, and convey such real and personal property as the


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                                          HB 4545, First Engrossed



  1  board may deem proper or expedient to carry out the purposes

  2  of this act; to employ such persons and agents as the board

  3  may deem advisable and to fix the compensation thereof and to

  4  remove any appointees or employees, agents, or servants; to

  5  ensure the improvements, fixtures, and equipment against loss

  6  by fire, windstorm, or other coverage in such amounts as may

  7  be determined reasonable and proper; to borrow and issue

  8  evidence of indebtedness of the authority to carry out the

  9  provisions of this act in the manner herein provided. The

10  board shall also have the right and power:

11         (1)  Of eminent domain over real and personal property

12  and to maintain eminent domain proceedings in the form and in

13  the manner as prescribed by the general laws of the state,

14  provided that the power of eminent domain shall be exercised

15  only for the purpose of providing for aviation facilities.

16         (2)  To acquire by purchase, condemnation through power

17  of eminent domain, gift, grant, franchise or lease, property,

18  either real or personal; however, the power of eminent domain

19  shall be exercised only for the purpose of providing for

20  aviation facilities.

21         (3)  To grant easements of right-of-way over or through

22  any lands owned by the airport authority.

23         (4)  To construct, acquire, establish, extend, enlarge,

24  improve, reconstruct, maintain, equip, repair, and operate any

25  project, as hereinabove defined, within the boundaries of the

26  airport authority.

27         (5)  To borrow money and to incur indebtedness, to

28  issue such bonds for and on behalf of the airport authority as

29  the board may from time to time determine; but in no case

30  shall the indebtedness of the authority for bonds issued be

31  considered a debt of the city or the county.


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                                          HB 4545, First Engrossed



  1         (6)  To apply to the proper authorities of the United

  2  States for the right to establish, operate, and maintain

  3  foreign and domestic trade zones within the limits of the

  4  airport authority and to establish, operate, and maintain such

  5  foreign and domestic trade zones.

  6         (7)  To fix and revise from time to time and to collect

  7  rates, fees, rentals and other charges for the use of or for

  8  the services of any facility, insofar as it may be permissible

  9  for the board to do so under the State Constitution and the

10  Constitution and laws of the United States.

11         (8)  To make rules and regulations for its own

12  government and to hold regular meetings at least once a month,

13  said meetings to be open to the public.

14         (9)  To operate, manage, and control all projects as

15  hereinabove defined, hereafter acquired or constructed under

16  the provisions of this act.

17         (10)  To enter into joint agreements and arrangements

18  with steamship lines, railroads, airlines, or other

19  transportation lines or any common carrier as the board shall

20  deem to its advantage to do so.

21         (11)  To make and enter into all contracts and

22  agreements necessary or incidental to the performance of its

23  duties and the execution of its powers and to appoint and

24  employ such engineers, architects, attorneys, agents, and

25  other employees as may be necessary in its judgment and to fix

26  their compensation; however, such compensation must be within

27  the amount appointed for such purpose in the annual budget of

28  the authority.

29         (12)  To exercise such powers as may be reasonably

30  necessary to effectively control and regulate facilities under

31  its jurisdiction.


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                                          HB 4545, First Engrossed



  1         (13)  To appoint a manager of the airport authority and

  2  to determine his or her duties and compensation in accordance

  3  with the provisions elsewhere contained in this act.

  4         (14)  To maintain a full-time airport law enforcement

  5  staff and to determine duties and compensation in accordance

  6  with the provisions elsewhere in this act.

  7         (15)  To receive and accept from the Federal Government

  8  or any agency thereof grants for or in aid of the construction

  9  of any project, and/or operation of the airport and other

10  aviation facilities and facilities related thereto.

11         (16)  To make such rules and regulations governing

12  aircraft which are under the jurisdiction of the authority.

13         (17)  To make rules and regulations governing the

14  operation of the airport and other aviation facilities and

15  facilities related thereto.

16         (18)  To impose a franchise or license tax upon

17  businesses and occupations carried on or operated under and by

18  virtue of any franchises, licenses, or privileges granted by

19  the board with respect to such airports, and other aviation

20  facilities and facilities related thereto, controlled or

21  operated by the airport authority and the board.

22         (19)  To advertise the airports of such authority in

23  such manner as the board deems advisable; to negotiate and

24  contract with airlines and other institutions as the board may

25  deem necessary for development, expansion, and operation of

26  the airport authority.

27         (20)  To acquire, own, and control the properties now

28  owned and held by the Panama City-Bay County Airport and

29  Industrial District and assume all of its indebtedness,

30  obligations, and liabilities.

31


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                                          HB 4545, First Engrossed



  1         (21)  To adopt a budget with which all expenditures

  2  shall be made in strict accordance with the budget so adopted

  3  and approved.

  4         Section 6.  Issuance of bonds; purposes and powers;

  5  general.--The board is authorized to provide by resolution at

  6  one time or from time to time for the issuance of bonds of the

  7  airport authority for the purpose of paying all or a part of

  8  the cost of any project or improvement of the authority or any

  9  combination thereof. The bonds of each issue shall be dated,

10  shall bear interest at such fixed or variable rate or rates,

11  shall mature at such time or times, not exceeding 40 years

12  from their date or dates, as may be determined by the board,

13  and may be made redeemable before maturity, at the option of

14  the board, at such price or prices and under such terms and

15  conditions as may be fixed by the board prior to the issuance

16  of the bonds. The board shall determine the form of the bonds,

17  including any interest coupons to be attached thereto, and the

18  manner of execution of the bonds and coupons and shall fix the

19  denomination or denominations of the bonds and coupons, and

20  the place or places of payment of principal and interest which

21  may be at any bank or trust company within or without the

22  state. In the event any officer whose signature or a facsimile

23  of whose signature shall appear on any bonds or coupons shall

24  cease to be such officer before the delivery of such bonds,

25  such signature or such facsimile shall nevertheless be valid

26  and sufficient for all purposes the same as if he or she had

27  remained in office until such delivery. All bonds issued under

28  the provisions of this act shall have and are hereby declared

29  to have all the qualities and incidents of negotiable

30  instruments under the laws of the state. The bonds may be

31  issued in coupon or in registered form or both, as the board


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                                          HB 4545, First Engrossed



  1  may determine and provisions may be made for the registration

  2  of any coupon bonds as to principal along and also as to both

  3  principal and interest and for the reconversion into coupon

  4  bonds of any bonds registered as to both principal and

  5  interest. The issuance of such bonds shall not be subject to

  6  any limitations or conditions contained in any other law and

  7  the board may sell such bonds in such manner and for such

  8  price, as it may determine to be for the best interest of the

  9  authority, but no such sale shall be made at a price so low as

10  to require the payment of interest on the money received

11  therefor at more than the fixed or variable rate or rates

12  computed with relation to the absolute maturity of the bonds

13  in accordance with standard tables of bond values, excluding,

14  however, from such computations the amount of any premium to

15  be paid on redemption of any bonds prior to maturity. Prior to

16  the preparation of definitive bonds, the board may, under like

17  restrictions, issue interim receipts or temporary bonds with

18  or without coupons, exchangeable for definitive bonds when

19  such bonds have been executed and are available for delivery.

20  The board may also provide for the replacement of any bonds

21  which shall be mutilated or be destroyed or lost.

22         (1)  Bonds may be issued under the provisions of this

23  act without obtaining the consent of any commission, board,

24  bureau, or agency of the state or county and without any other

25  proceedings or the happening of any other condition or thing

26  than those proceedings, conditions, or things which are

27  specifically required by this act. The bonds may be validated

28  in accordance with the State Constitution and the laws of

29  Florida.

30         (2)  The proceeds of the bonds shall be used solely for

31  the payment of the cost of the project for which such bonds


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                                          HB 4545, First Engrossed



  1  shall have been authorized and shall be disbursed in the

  2  manner provided in the resolution or in the trust agreement

  3  authorizing the issuance of such bonds. In the event that the

  4  actual cost of the project exceeds the estimated cost, the

  5  board may issue additional bonds to cover the deficiency,

  6  subject to the same restrictions as required for the original

  7  issue.

  8         Section 7.  Additional authority; bonds.--In addition

  9  to any other powers which the board may now have, the board is

10  hereby granted the following rights and powers, and shall have

11  and may exercise all powers necessary, appurtenant,

12  convenient, or incidental to the execution of the powers

13  enumerated in this act:

14         (1)  To borrow money, make and issue negotiable notes,

15  bonds, certificates, refunding bonds and other obligations,

16  hereinafter called "bonds," of the authority, said bonds to

17  have a maturity date not exceeding 40 years from the date of

18  issue, and to secure the payment of such bonds or any part

19  thereof by a pledge of any or all of the authority's revenues,

20  rates, fees, rentals, or other charges, and any other funds

21  legally available therefor; and any other funds it has a right

22  to, or may hereafter have the right to, pledge for such

23  purposes, including, without limitation, amounts received from

24  public agencies pursuant to interlocal agreements under part

25  I, chapter 633, Florida Statutes, hereinafter referred to as

26  "revenues"; and in general, to provide for the security of

27  said bonds and the rights and remedies of the holders thereof.

28  Such bonds may be issued to finance or refinance, either one

29  or more or a combination of airport and other aviation

30  facilities and facilities related thereto and may, subject to

31  any prior rights of bondholders, be pledged for any one or


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                                          HB 4545, First Engrossed



  1  more or combination of airport and other aviation facilities

  2  and facilities related thereto. Any revenues from the existing

  3  airport and other aviation facilities and facilities related

  4  thereto and constructed or acquired prior to this act or

  5  existing acts, or existing airports and other aviation

  6  facilities and facilities related thereto constructed or

  7  acquired by the authority from any source may be pledged for

  8  any one or more or combination of airports and other aviation

  9  facilities or facilities related thereto financed under this

10  act, regardless of whether or not such existing airports and

11  other aviation facilities and facilities related thereto are

12  then being improved or financed by the proceeds of the bonds

13  to be issued to finance the one or more or any combination of

14  airports and other aviation facilities and facilities related

15  thereto for which such revenues of such existing airports and

16  other aviation facilities and facilities related thereto are

17  to be pledged.

18         (2)  To make contracts of every kind and nature and to

19  execute all instruments necessary or convenient for the

20  carrying on of its business.

21         (3)  To enter into interlocal agreements with any

22  public agencies of the state for any of its purposes,

23  including, but not limited to, providing additional sources of

24  funds to pay or secure bonds of the authority or to finance or

25  refinance any project or cost of the authority.

26         (4)  To enter into and perform its obligations under

27  any bond insurance agreements, surety bonds, interest rate

28  hedge, or swap contracts or other financial instruments and to

29  secure its obligations thereunder from any revenues legally

30  available therefor.

31


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                                          HB 4545, First Engrossed



  1         (5)  Without limitation of the foregoing, to borrow

  2  money and accept grants, contributions, or loans from, and to

  3  enter into, and comply with the terms of, contracts, leases,

  4  or other transactions with, the state government or Federal

  5  Government.

  6         (6)  To conduct public hearings and advertise the same

  7  as may be required by federal law in connection with any

  8  borrowing.

  9         (7)  To have the power of eminent domain, such power to

10  be extended in the manner provided by law for the state, or

11  agencies or instruments thereof.

12         (8)  To refund, refinance, retire, or defease any

13  obligations then outstanding.

14         (9)  To pledge, hypothecate, or otherwise encumber all

15  or part of the revenues, rates, fees, rentals, or other

16  charges, funds, or receipts of the authority as security for

17  all or any of the obligations issued by the authority.

18         (10)  To employ technical experts necessary to assist

19  the board in carrying out or exercising any powers granted

20  hereby, including, but not limited to, architects, engineers,

21  attorneys, fiscal advisors, fiscal agents, investment bankers,

22  and aviation consultants.

23         (11)  To exercise all powers of a "local agency"

24  pursuant to part II, chapter 159, Florida Statutes, relative

25  to the purposes of the authority.

26         (12)  To do all acts and things necessary or convenient

27  for the promotion of its business and the general welfare of

28  the authority, in order to carry out the powers granted to it

29  by this act or any other laws. The board shall have no power

30  at any time or in any manner to pledge the taxing power of the

31  state, or any political subdivision or agency thereof; nor


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                                          HB 4545, First Engrossed



  1  shall any of the obligations issued by the authority be deemed

  2  to be obligations of the state, or any political subdivision

  3  or agency thereof, secured by and payable from ad valorem

  4  taxes thereof; nor shall the state, or any political

  5  subdivision or agency thereof, be liable for the payment of

  6  principal of or interest on such obligations except from the

  7  special funds provided for in this act or pursuant to

  8  interlocal agreements entered into with public agencies of the

  9  state.

10         Section 8.  Purposes and powers; bonds.--The bonds

11  issued by the board pursuant to this act shall be authorized

12  by resolution of the members thereof and shall bear such date

13  or dates, mature at such time or times, not exceeding 40 years

14  from the respective dates, bear interest at such fixed or

15  variable rate or rates, payable at such times, be in such

16  denominations, be in such form shall carry such registration,

17  exchangeability, and interchangeability privileges, be payable

18  in such medium of payment and at such place, within or without

19  the state, be subject to such terms of redemption, and be

20  entitled to such priorities on the revenues, rates, fees,

21  rentals, or other charges or receipts of the authority as such

22  resolution or any resolutions subsequent thereto may provide.

23  The bonds shall be executed either by manual or facsimile

24  signature by such officers as the authority shall determine,

25  provided that such bonds shall bear at least one signature

26  which is manually executed thereon, to the extent required by

27  general law, and the bonds shall have the seal of the

28  authority affixed, imprinted, reproduced, or lithographed

29  thereon, all as may be prescribed in such resolution or

30  resolutions. Said bonds may be sold either at public or

31  private sale at such price or prices as the board shall


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                                          HB 4545, First Engrossed



  1  determine to be in the best interests of the authority.

  2  Pending the preparation of definitive bonds, interim

  3  certificates or temporary bonds may be issued to the purchaser

  4  of such bonds, and may contain such terms and conditions as

  5  the board may determine, including, without limitation,

  6  provisions for registration and book entry registration of

  7  bonds.

  8         (1)  Any such resolution or resolutions authorizing any

  9  bonds hereunder may contain provisions which shall be part of

10  the contract with the holders of such bonds, as to:

11         (a)  The pledging of all or any part of the revenues,

12  rates, fees, rentals, or other charges or receipts of the

13  authority derived by the authority from all or any of its

14  airports and other aviation facilities and facilities related

15  thereto or pursuant to interlocal agreements or from other

16  sources legally available for such payments.

17         (b)  The construction, improvement, operation,

18  extension, enlargement, maintenance, repair, or lease of such

19  airports, and other aviation facilities and facilities related

20  thereto, and the duties of the authority with reference

21  thereto.

22         (c)  Limitations on the purposes to which the proceeds

23  of the bonds, then or thereafter to be issued, or any loan or

24  grant by the Federal Government or the state government or the

25  county or any municipality therein or any limited purpose

26  revenues authorized to be collected or received by the

27  authority, may be applied.

28         (d)  The fixing, charging, establishing, and collecting

29  of rates, fees, rentals, or other charges for use of the

30  services and facilities of the airports, and other aviation

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                                          HB 4545, First Engrossed



  1  facilities and facilities related thereto of the authority, or

  2  any part thereof.

  3         (e)  The setting aside of reserves or sinking funds or

  4  repair and replacement funds or other funds, and the

  5  regulation and disposition thereof.

  6         (f)  Limitations on the issuance of additional bonds.

  7         (g)  The terms and provisions of any deed of trust or

  8  indenture securing the bonds, or under which the same may be

  9  issued.

10         (h)  Establishment of permitted investments in which

11  any proceeds of the bonds or other funds securing same may be

12  invested.

13         (i)  Any other or additional agreements with the

14  holders of the bonds as are customary and proper and which in

15  the judgment of the board will make said bonds more

16  marketable.

17         (2)  The board may enter into any deeds of trust,

18  indentures, or other agreements, with any bank or trust

19  company within or without the state, as security for such

20  bonds, and may assign and pledge all or any part of the

21  revenue, rates, fees, rentals, or other charges or receipts of

22  the authority thereunder. Such deeds of trust, indentures, or

23  other agreements may contain such provisions as may be

24  customary in such instruments or as the authority may

25  authorize, including, but without limitation, provisions as

26  to:

27         (a)  The construction, improvement, operation,

28  extension, leasing, maintenance, repair, or lease of such

29  airports, and other aviation facilities and facilities related

30  thereto, and the duties of the authority with reference

31  thereto.


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                                          HB 4545, First Engrossed



  1         (b)  The application of funds and the safeguarding of

  2  funds on hand or on deposit.

  3         (c)  The appointment of consulting engineers or

  4  architects and approval thereof by the holders of the bonds.

  5         (d)  The rights and remedies of said trustee and the

  6  holders of the bonds.

  7         (e)  The terms and provisions of the bonds or the

  8  resolution authorizing the issuance of the same. Any of the

  9  bonds issued pursuant to this act are, and are hereby declared

10  to be, negotiable instruments under the law merchant and

11  negotiable instruments law of the state.

12         (f)  Except as otherwise provided in this act, the

13  board may provide, by resolution or by trust agreement, for

14  the payment of the proceeds of the sale of the revenue bonds

15  and the revenues of the facilities to such officer, board, or

16  depository as it may determine for the custody thereof and for

17  the method of disbursement thereof with such safeguards and

18  restrictions as it may determine. All expenses incurred in

19  carrying out such trust agreement may be treated as a part of

20  the cost of operation of the facilities affected by such trust

21  agreement.

22         (3)  The pledge by the board of its revenues, rates,

23  fees, rentals, and other charges, funds, and receipts, to the

24  payment of the bonds described above, either directly by the

25  terms of a resolution of the board or through any deed of

26  trust, indenture, or other agreement, shall create a valid and

27  binding lien thereon and a prior perfected security interest

28  therein from the time the pledge is made, and all moneys and

29  revenues so pledged shall immediately become subject to a lien

30  of such pledge without any physical delivery thereof or

31  further act, and the lien of any such pledge shall be valid


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                                          HB 4545, First Engrossed



  1  and binding against all parties having claims of any kind in

  2  tort, contract, or otherwise against the authority,

  3  irrespective of whether such parties have notice thereof.

  4  Neither the resolutions nor the deed of trust, indenture, or

  5  other agreement by which the pledge is created need be filed

  6  or recorded, except in the records of the board, nor shall

  7  notice thereof be required to be given to any obligor of any

  8  such moneys or revenue, and no filings under the Florida

  9  Uniform Commercial Code shall be required in order to perfect

10  the pledge granted thereby.

11         Section 9.  Revenue bonds.--Revenue bonds of the

12  authority may be issued under the provisions of this act and

13  shall be payable from the revenues derived from the operation

14  of any facility or combination of facilities of the authority

15  under the supervision, operation, and control of the authority

16  and from any other funds legally available therefor; except ad

17  valorem taxes. The issuance of such revenue bonds shall not

18  directly, indirectly, or contingently obligate the state, the

19  authority, the city, or the county to levy any ad valorem

20  taxes or to make any appropriations for their payment or for

21  the operation and maintenance of the facilities of the

22  authority.

23         (1)  The board shall not convey or mortgage any

24  facility or any part thereof as security for the payment of

25  the revenue bonds.

26         (2)  In the discretion of the board, each or any issue

27  of such revenue bonds may be secured by a trust agreement by

28  and between the board and a corporate trustee, which may be

29  any trust company or bank having the powers of a trust company

30  within or outside of the state. Such trust agreement may

31  pledge or assign the revenues to be received by the authority.


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                                          HB 4545, First Engrossed



  1  The resolution providing for the issuance of revenue bonds or

  2  such trust agreement may contain such provisions for

  3  protecting and enforcing the rights and remedies of the

  4  bondholders as may be reasonable, proper, and not in violation

  5  of law, including covenants setting forth the duties of the

  6  authority in relation to the acquisition, construction,

  7  improvement, maintenance, operation, repair, equipping, and

  8  insurance of the facilities and the custody, safeguarding, and

  9  application of all moneys. It shall be lawful for any bank or

10  trust company incorporated under the laws of this state to act

11  as such depository and to furnish such indemnifying bonds or

12  to pledge such securities as may be required by the board.

13  Such resolution or such trust agreement may restrict the

14  individual right of action by bondholders as is customary in

15  trust agreements securing bonds or debentures of corporations.

16  In addition to the foregoing, such resolution or such trust

17  agreement may contain such other provisions as the board may

18  deem reasonable and proper for the security of bondholders.

19  Except as otherwise provided in this act, the board may

20  provide, by resolution or by trust agreement, for the payment

21  of the proceeds of the sale of the revenue bonds and the

22  revenues of the facilities to such officer, board, or

23  depository as it may determine for the custody thereof and for

24  the method of disbursement thereof with such safeguards and

25  restrictions as it may determine. All expenses incurred in

26  carrying out such trust agreement may be treated as a part of

27  the cost of operation of the facilities affected by such trust

28  agreement.

29         (3)  The resolution or trust agreement providing for

30  the issuance of the revenue bonds may also contain such

31  limitations upon the issuance of additional revenue bonds as


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                                          HB 4545, First Engrossed



  1  the board may deem proper and such additional bonds shall be

  2  issued under such restrictions or limitations as may be

  3  prescribed by such resolution or trust agreement.

  4         Section 10.  Refunding obligations.--The board is

  5  authorized to provide by resolution for the issuance of

  6  refunding bonds or refunding revenue bonds of the authority

  7  for the purpose of refunding any bonds or revenue bonds,

  8  respectively, then outstanding and issued under the provisions

  9  of this act. The board is further authorized to provide by

10  resolution for the issuance of refunding revenue bonds for the

11  combined purpose of:

12         (1)  Paying the cost of any project of the authority.

13         (2)  Refunding bonds or revenue bonds of the authority

14  which shall theretofore have been issued under the provisions

15  of this act and shall then be outstanding.

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17  The issuance of such bonds, the maturities and other details

18  thereof, the right and remedies of the holders thereof, the

19  rights, powers, privileges, duties, and obligations of the

20  authority with respect to the same shall be governed by the

21  foregoing provisions of this act insofar as the same may be

22  applicable.

23         Section 11.  Bonds to constitute legal

24  investments.--Any bonds issued pursuant to this act shall be

25  and constitute legal investments for banks, savings banks,

26  trustees, executors, administrators, and all other fiduciaries

27  for all state, municipal, and public funds and shall also be

28  and constitute securities eligible for deposit as security for

29  all state, municipal, or other public funds notwithstanding

30  the provisions of any other law or laws to the contrary.

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                                          HB 4545, First Engrossed



  1         Section 12.  Remedies.--Any holder of bonds or other

  2  obligations issued under the provisions of this act or any of

  3  the coupons appertaining thereto and the trustee under any

  4  trust agreement, except to the extent that the rights herein

  5  given may be restricted by such trust agreement may either at

  6  law or in equity, by suit, action, mandamus or other

  7  proceedings, protect and enforce any and all rights under the

  8  laws of Florida or granted hereunder or under such trust

  9  agreement or the resolution authorizing the issuance of such

10  bonds or other obligations and may enforce and compel the

11  performance of all duties required by this act or by such

12  trust agreement or resolution to be performed by the board or

13  by any officer thereof.

14         Section 13.  Exemption of property from taxation.--The

15  effectuation of the purposes of the board created under this

16  act is, shall and will be in all respects for the benefit of

17  the people of the state and of Bay County, for the increase of

18  their commerce and prosperity and for the improvement of their

19  health and welfare. The exercise of the powers by the board,

20  conferred by this act, to effect such purposes constitutes the

21  performance of essential functions and is hereby declared to

22  be a public purpose. As the facilities owned, operated,

23  supervised, and controlled by the authority and the board,

24  under the provisions of this act, constitute public property

25  and are used for public purposes, the board shall not be

26  required to pay any taxes or assessments upon any such

27  facilities or any parts thereof.

28         Section 14.  Board of Directors accounting practices;

29  deposit of moneys of the board.--All moneys of the board,

30  whether derived from taxes or levied and collected within the

31  airport authority or from other sources, shall be paid into


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                                          HB 4545, First Engrossed



  1  the treasury of the board. Such moneys shall be used

  2  exclusively by the board and shall be disbursed by the board

  3  with approved budgetary practice and accounting methods and

  4  only for the purposes specified in the budget of the board. No

  5  funds or moneys shall be withdrawn from the treasury of the

  6  board except in accordance with the budget and upon the

  7  signature of either the chair or one of the members of the

  8  board and either the airport manager or designated staff

  9  member as authorized by the members of the board. The board

10  may require such officers or members of the board or employees

11  thereof to execute fidelity bonds in such sums as the board

12  may from time to time determine. The premiums on such bonds

13  shall be paid by the authority as a proper operating expense

14  thereof.

15         Section 15.  Annual audit.--The books and records of

16  the board shall be audited annually by a certified public

17  accountant and copies of such audit submitted to the board and

18  the City Commission of the City of Panama City and the Board

19  of County Commissioners of Bay County.

20         Section 16.  Awarding of contracts.--No contract shall

21  be let by the board for any construction, improvement, repair,

22  or building nor shall any goods, supplies, or materials for

23  airport authority purposes or uses be purchased when the

24  amount to be paid by the board shall exceed the amount

25  specified in s. 287.057, Florida Statutes, unless competitive

26  bids shall have been taken therefor and the contract awarded

27  to the lowest and best responsible bidder. The board may, in

28  its discretion, require the deposit of cash or a certified

29  check not to exceed 15 percent of the bid as evidence of good

30  faith on the part of bidders, such deposit to be returned when

31  the bid is rejected or contract performed. The right shall be


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                                          HB 4545, First Engrossed



  1  in the board to reject any and all bids and, where bids are

  2  alike or similar, to make its own election as to which shall

  3  be accepted or rejected. No goods, supplies, or materials

  4  shall be purchased in separate lots or parcels so as to avoid

  5  the securing of bids thereon. Any member, officer, or employee

  6  violating this provision shall be personally liable to the

  7  authority for the full price of any goods, supplies, or

  8  materials so purchased. However, in the event of an emergency,

  9  the board may take such action as is necessary to protect

10  airport properties.

11         Section 17.  Purchases by board.--No member of the

12  board or other officer or employees shall purchase supplies,

13  goods, or materials for use by the airport authority from

14  himself or herself or from any firm or corporation in which he

15  or she is interested, directly or indirectly, nor in any

16  manner share in the proceeds of such purchase; the board shall

17  not be obligated for the purchase price for such supplies,

18  goods, or materials so purchased; no board member or other

19  officer or employee shall bid or enter into or be in any

20  manner interested, directly or indirectly, in any contract for

21  public work to which the airport may be a party. Any person

22  who violates the provisions hereof shall be deemed guilty of

23  malfeasance in office. All moneys or things of value paid and

24  delivered pursuant to such contract or purchase may be

25  recovered by the board and, in the event of its refusal by a

26  taxpayer for the use of the board, including costs, expenses,

27  and reasonable attorney's fees incurred in any proceeding for

28  the recovery thereof.

29         Section 18.  Conflict of interest.--No board member or

30  other officer or employee shall act as a consultant to, be

31  employed by, or receive compensation in any manner, directly


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                                          HB 4545, First Engrossed



  1  or indirectly, from any vendor, tenant, or concessionaire of

  2  the airport authority, nor shall board members or other

  3  officers or employees conduct other than airport business

  4  within the airport facility or on airport property. Any person

  5  who violates the provisions hereof, shall be deemed guilty of

  6  malfeasance in office.

  7         Section 19.  Additional general provisions; act

  8  complete and additional authority.--The powers conferred by

  9  this act shall be in addition and supplemental to the existing

10  powers of the board as herein provided. Chapter 67-1099, Laws

11  of Florida, and chapter 69-834, Laws of Florida, are hereby

12  repealed.

13         Section 3.  If any section, clause, or provision of

14  this act shall be held unconstitutional or ineffective in

15  whole or in part to the extent that it is not unconstitutional

16  or ineffective, it shall be valid and effective and no other

17  section, clause, or provision shall on account thereof be

18  deemed invalid or ineffective.

19         Section 4.  This act shall take effect upon becoming a

20  law.

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