Senate Bill 2640

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



    Florida Senate - 2000        (NP)                      SB 2640

    By Senator Rossin





    35-720-00

  1                      A bill to be entitled

  2         An act relating to Palm Beach County; providing

  3         for codification of special laws regarding

  4         special districts pursuant to chapter 97-255,

  5         Laws of Florida, and chapter 98-320, Laws of

  6         Florida, relating to the Pelican Lake Water

  7         Control District, a special tax district of the

  8         State of Florida composed of the County of Palm

  9         Beach; providing legislative intent; codifying

10         and reenacting chapter 11087, Laws of Florida,

11         1925; chapter 12118, Laws of Florida, 1927;

12         chapter 18044, Laws of Florida, 1937; chapter

13         26739, Laws of Florida, 1951; chapter 77-625,

14         Laws of Florida; chapter 80-564, Laws of

15         Florida; and chapter 97-321, Laws of Florida;

16         providing for repeal of all prior inconsistent

17         special acts related to the Pelican Lake Water

18         Control District; providing an effective date.

19

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

21

22         Section 1.  Pursuant to chapter 97-255, Laws of

23  Florida, and chapter 98-320, Laws of Florida, this act

24  constitutes the codification of all special acts relating to

25  the Pelican Lake Water Control District, an independent

26  special district and political subdivision of the state. It is

27  the intent of the Legislature to provide a single,

28  comprehensive special-act charter for the district, including

29  all current legislative authority granted to the district by

30  its several legislative enactments and any additional

31  authority granted by this act. It is further the intent of

                                  1

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1  this act to preserve all district authority, including the

  2  authority to annually assess and levy against the taxable

  3  property in the district.

  4         Section 2.  Chapter 11087, Laws of Florida, 1925;

  5  chapter 12118, Laws of Florida, 1927; chapter 18044, Laws of

  6  Florida, 1937; chapter 26739, Laws of Florida, 1951; chapter

  7  77-625, Laws of Florida; chapter 80-564, Laws of Florida; and

  8  chapter 97-321, Laws of Florida, relating to the Pelican Lake

  9  Water Control District of Florida, are codified, reenacted,

10  amended, and repealed as provided in this act.

11         Section 3.  The charter of the Pelican Lake Water

12  Control District is reenacted to read:

13         Section 1.  For the purpose of draining and reclaiming

14  the lands described in this act and protecting them from the

15  effects of water, for agricultural and sanitary purposes, and

16  for the public health, convenience, welfare, utility, and

17  benefit, Pelican Lake Water Control District is declared to

18  exist, and its creation is ratified, validated, and confirmed.

19         (1)  The boundaries of Pelican Lake Water Control

20  District are as follows:

21         Beginning at a point where the south boundary

22         of Section 33, Township 41 South, Range 37

23         East, intersects the east right-of-way boundary

24         line of the Lake Okeechobee Federal Levee;

25         thence in a north easterly direction along the

26         east right-of-way boundary line of the Federal

27         Levee to a point where the right-of-way

28         boundary line intersects the north line of

29         Section 23, Township 41 South, Range 37 East;

30         thence east along the north line of Section 23

31         to the northeast corner thereof; thence south

                                  2

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1         along the east boundary of Sections 23, 26, and

  2         35 to the southeast corner of Section 35;

  3         thence in Township 42 South, Range 37 East,

  4         continuing south along the East boundary of

  5         Sections 2 and 11 to a point where the east

  6         line of Section 11 intersects the south

  7         right-of-way line of Conner's Highway, the same

  8         being designated as State Road No. 716; thence

  9         in a southeasterly direction along the south

10         right-of-way line of Conner's Highway to a

11         point where the right-of-way line intersects

12         the South line of Section 12, Township 42

13         South, Range 37 East; thence in Township 42

14         South, Range 37 East, west along the south

15         boundary of Sections 12, 11, and 10 to a point

16         where the south boundary of Section 10

17         intersects the waters of Pelican Lake; thence

18         northwesterly along the water's edge of Pelican

19         Lake to a point where the west boundary of

20         Section 10 intersects the water's edge of

21         Pelican Lake; thence north along the west

22         boundary of Section 10 to the northwest corner

23         thereof; thence west along the south boundary

24         of Section 4 to the southwest corner thereof;

25         thence north along the west boundary of Section

26         4 to a point where the west line of Section 4

27         intersects the east right-of-way line of the

28         Federal Levee; thence in a northeasterly

29         direction along the east right-of-way line of

30         the Federal Levee to a point where the Federal

31         Levee right-of-way intersects the line dividing

                                  3

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1         Section 4, Township 42 South, Range 37 East,

  2         and Section 33, Township 41 South, Range 37

  3         East, the same being the point of beginning;

  4         thence in a northeasterly direction along the

  5         east right-of-way line of Conner's Highway

  6         (designated as State Road No. 716) where the

  7         east line intersects the west line of Section

  8         18, Township 42 South, Range 38 East; thence

  9         south along the west line of Sections 18 and 19

10         to the southwest corner of Section 19; thence

11         east along the south line of Section 19 to the

12         southeast corner of that section; thence north

13         along the east line of Sections 19 and 18 to a

14         point where the east line of Section 18

15         intersects the south right-of-way line of

16         Conner's Highway; thence in a northwesterly

17         direction along the south right-of-way line of

18         Conner's Highway to a point where the

19         right-of-way line intersects the west line of

20         Section 18, the same being the point of

21         beginning; and embrace and include the

22         following described land:

23

24         All of fractional Sections 22, 23, 27, 33, and

25         34 and Sections 26 and 35, Township 41 South,

26         Range 37 East, and fractional Sections 4 and

27         10, and Sections 2, 3, and 11 and that part of

28         Section 12 lying South of West Palm Beach

29         Canal, Township 42 South, Range 37 East, and

30         Section 19 and that part of Section 18 lying

31

                                  4

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1         South of the West Palm Beach Canal, Township 42

  2         South, Range 38 East.

  3         (2)  The following lands, consisting of 892.65 acres in

  4  Palm Beach County, Florida are deannexed from Pelican Lake

  5  Water Control District:

  6         Section 19 and that part of Section 18 lying

  7         South of the West Palm Beach Canal, Township 42

  8         South, Range 38 East, more particularly

  9         described as follows: beginning at a point

10         where the south right-of-way line of Conner's

11         Highway (designated as State Road No. 716)

12         intersects the west line of Section 18,

13         Township 42 South, Range 38 East; thence south

14         along the west line of Sections 18 and 19 to

15         the southwest corner of Section 19; thence east

16         along the south line of Section 19 to the

17         southeast corner of that section; thence north

18         along the east line of Sections 19 and 18 to a

19         point where the east line of Section 18

20         intersects the south right-of-way line of

21         Conner's Highway; thence in a northwesterly

22         direction along the south right-of-way line of

23         Conner's Highway to a point where the

24         right-of-way intersects the west line of

25         Section 18, the same being the point of

26         beginning.

27         Section 2.  The Board of Supervisors of Pelican Lake

28  Water Control District shall be composed of three citizens of

29  the United States who are resident freeholders of the state.

30         Section 3.  Issuance of Bonds.

31

                                  5

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1         (1)  For the purpose of providing funds to pay for the

  2  restoration work as such work is particularly described in

  3  subsection (2), the Board of Supervisors of Pelican Lake Water

  4  Control District is authorized and empowered if in their

  5  judgment it seems best to issue bonds, either with or without

  6  coupons, not to exceed the sum of $800,000, in denominations

  7  of $1,000 each, or any multiple thereof, bearing interest from

  8  date of issuance at the lesser of the rate authorized by

  9  general law or a rate not to exceed an average net interest

10  cost rate that shall be computed monthly by adding 150 basis

11  points to the 20 "Bond-Buyer" Average Yield Index published

12  immediately preceding the first day of each calendar month,

13  payable semiannually, each maturing within 30 years from its

14  issuance, both principal and interest payable at some

15  convenient banking house or trust company's office to be named

16  in the bonds, which bonds shall be signed by the President of

17  the Board of Supervisors, attested with the seal of the

18  district and by the signature of the Secretary of the Board.

19  All bonds must be authorized by resolution of the board of

20  supervisors and must be executed and delivered to the

21  Treasurer of the district, who shall sell them in such

22  quantities on such dates and on such terms as the board of

23  supervisors deems necessary to meet the payments for the

24  restoration work.  All such bonds shall be sold at public sale

25  and shall be awarded to the bidder offering to purchase them

26  at the lowest net interest rate, which shall be determined by

27  deducting the total amount of premium or adding the total

28  amount of discount bid to the aggregate interest to be paid.

29  The bonds may not be sold for less than 95 cents on the

30  dollar, with accrued interest, and shall state on their face

31  the purpose for which they are issued and shall be payable out

                                  6

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1  of, and shall constitute a first lien on, the moneys derived

  2  from the Restoration Tax provided for in this act.

  3         (2)  The restoration work that the board is authorized

  4  to do or have done and for which the board is authorized to

  5  apply the proceeds of the bonds is as follows:

  6         (a)  Restoring one or more or all of the canals of the

  7  district to their original design or constructed capacity.

  8         (b)  Restoring or replacing any pump station mechanical

  9  equipment or related facility of the district.

10         (c)  Replacing or adding, or both, to the existing

11  culverts to accommodate the restored facilities.

12         (d)  Such other work as is necessary to accommodate

13  restored facilities.

14         (e)  Administrative, engineering, and legal costs and

15  other costs related to restoration work or related to issuance

16  of the bonds.

17         (f)  Costs of acquisition of temporary or permanent

18  easements necessary for the restoration work contemplated in

19  this section.

20         (g)  Such other work as the board deems necessary or

21  desirable to restore the drainage, irrigation, and

22  conservation capacity of the works of the district.

23         (3)  The issuance of the bonds provided in this act

24  shall not be subject to the jurisdiction of or require consent

25  of any commission, board, bureau, or agency of the state or

26  county or the referendum of the land owners. Such bonds may be

27  issued under this act without any other proceedings or

28  happenings of any condition other than those proceedings or

29  conditions that are specifically required by this act. The

30  income and interest from the bonds issued under this act shall

31  not be exempt from any tax imposed by chapter 220, Florida

                                  7

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1  Statutes, on interest, income, or profits on debt obligations

  2  owned by corporations.

  3         (4)  Any holder of any of the bonds issued under

  4  authority of this act may, either at law or in equity, by suit

  5  or mandamus, enforce and compel the performance of the duties

  6  required by the act in relation to the bonds or the

  7  collection, enforcement, and application of the restoration

  8  taxes for the payment thereof.

  9         Section 4.  Restoration Tax.--

10         (1)  For the purpose of paying the interest due

11  annually on the bonds to be issued pursuant to section 7, and

12  for the purpose of providing a sinking fund for the payment of

13  principal of the bond when such payments become due, the board

14  shall impose upon all of the lands in the district including

15  lands owned by the Trustees of the Internal Improvement Fund

16  or its successor a tax of not to exceed $16 per acre, and such

17  tax shall be known and referred to as the "restoration tax."

18  The restoration tax shall be in addition to, and not in lieu

19  of, the annual maintenance tax and shall be levied in the same

20  manner as all other taxes in the district.  Funds collected

21  from the restoration tax shall be kept in a separate account

22  and shall not be used for any purpose except as provided in

23  this act.  The annual installment of the restoration tax shall

24  be a lien until paid on the property against which it is

25  assessed.  Such lien shall be superior in dignity to all other

26  liens upon such lands except for liens for county taxes and

27  other taxes of this district and shall be equal in dignity

28  with such county and district taxes.

29         (2)  The board may provide in the resolution

30  authorizing the issuance of bonds and in such bonds that the

31  proceeds of the restoration tax are pledged, so far as

                                  8

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1  necessary, to the payment of the principal and interest on the

  2  bonds.

  3         (3)  The actual amount of the restoration tax to be

  4  levied by the board shall be determined annually but shall

  5  never be less than the amount required to pay all interest on

  6  all outstanding bonds coming due in the year for which the tax

  7  is levied together with a pro rata amount of the principal on

  8  all outstanding bonds sufficient to retire the bonds at their

  9  scheduled maturity date, such pro rata share of each bond to

10  be determined by dividing the principal amount of the bond by

11  the total number of years between the date of issuance of the

12  bond and the date of maturity.

13         (4)  All provisions of law applicable to the levy,

14  assessment, payment, collection, and enforcement of the taxes

15  of Pelican Lake Water Control District apply to the

16  restoration tax authorized by this act and duties of public

17  officials with respect to the taxes of Pelican Lake Water

18  Control District also apply to the restoration tax.

19         Section 5.  Refunding bonds.--The board may issue bonds

20  (called "refunding bonds") to refund any bonds issued pursuant

21  to this act, payable from the proceeds of the restoration tax

22  as described in this act and provide for the rights of the

23  holders thereof. The refunding bonds may be issued in an

24  amount sufficient to pay the principal of the outstanding

25  bonds; the interest due and payable on the outstanding bonds

26  to and including the first date upon which the outstanding

27  bonds are callable prior maturity, or the dates upon which the

28  principal thereof matures; the redemption premium, if any; and

29  any expenses of the issuance and sale of the refunding bonds.

30  The refunding bonds shall be sold at public or private sale at

31  a price not to exceed 95 cents on the dollar, plus accrued

                                  9

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






    Florida Senate - 2000        (NP)                      SB 2640
    35-720-00




  1  interest, shall bear interest at a rate or rates not to exceed

  2  the maximum rate authorized by general law or 10 percent per

  3  annum, whichever is less and shall mature within 40 years from

  4  their issuance.

  5         Section 6.  The members of the board of supervisors

  6  shall be entitled to the maximum compensation now or hereafter

  7  authorized to be paid by section 298.14, Florida Statutes, and

  8  shall be reimbursed for their traveling expenses pursuant to

  9  section 112.061, Florida Statutes, or as such statutes may

10  hereafter be amended.

11         Section 7.  The board of supervisors may enter into

12  arrangements with other drainage or water control districts

13  for the pooling of insurance coverage; for the purchase,

14  rental, or use of supplies, equipment, buildings, or

15  facilities; and for service of employees.

16         Section 4.  Chapter 11087, Laws of Florida, 1925;

17  chapter 12118, Laws of Florida, 1927; chapter 18044, Laws of

18  Florida, 1937; chapter 26739, Laws of Florida, 1951; chapter

19  77-625, Laws of Florida; chapter 80-564, Laws of Florida; and

20  chapter 97-321, Laws of Florida, are repealed except to the

21  extent inconsistent herewith.

22         Section 5.  If any provision of this act or its

23  application to any person or circumstance is held invalid, the

24  invalidity does not affect other provisions or applications of

25  the act which can be given effect without the invalid

26  provision or application, and to this end the provisions of

27  this act are declared severable.

28         Section 6.  This act shall take effect upon becoming a

29  law.

30

31

                                  10