| ENROLLED HB 1217 |
2003 Legislature |
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A bill to be entitled |
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An act relating to Titusville-Cocoa Airport District, a |
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dependent special district in Brevard County; codifying |
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the District’s charter pursuant to s. 189.429, Florida |
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Statutes; providing for codification of special laws |
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relating to Titusville-Cocoa Airport District pursuant to |
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s. 189.429, F.S.; providing legislative intent; amending, |
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codifying, repealing, and reenacting all prior special |
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acts; declaring the status of the District; providing an |
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effective date. |
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Be It Enacted by the Legislature of the State of Florida: |
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Section 1. Intent.--Pursuant to section 189.429, Florida |
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Statutes, this act constitutes the codification of all special |
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acts relating to Titusville-Cocoa Airport District. It is the |
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intent of the Legislature to provide a single, comprehensive |
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special act charter for the district including all current |
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legislative authority granted to the district by its several |
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legislative enactments and any additional authority granted by |
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this act and chapter 189, Florida Statutes, as they may be |
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amended from time to time. It is further the intent of this act |
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to preserve all district authority.
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Section 2. Codification.--Chapters 63-1143, 67-1151, 69- |
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863, 70-600, 72-472, 80-457, 81-348, 82-267, and 83-374, Laws of |
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Florida, are codified, reenacted, amended, and repealed as |
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herein provided.
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Section 3. The Titusville-Cocoa Airport District is re- |
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created and the charter is re-created and reenacted to read: |
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Section 1. There is hereby created and established a |
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dependent airport district in Brevard County, Florida, which |
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shall also be a special taxing district, to be known as the |
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"Titusville-Cocoa Airport District,” which shall consist of so |
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much of Brevard County, Florida, as lies North of that line |
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described as follows:
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Beginning at a point where the West boundary line of |
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said Brevard County, Florida, intersects with the |
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South boundary line of Township 25 South, Range 35 |
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East, and proceeding thence easterly along the South |
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boundary line of Township 25 South to the intersection |
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of the East boundary line of Brevard County, Florida, |
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with the South bound ary line of Township 25 South.
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Section 2. That the title, rights, and ownership of all |
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property, both real and personal, rights, powers, facilities, |
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privileges, easements, franchises, rights-of-way, contracts, |
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uncollected taxes, dues, claims, judgments, decrees, choses in |
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action, and all property and property rights held or owned by |
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the Titusville-Cocoa Airport Authority established by chapter |
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63-1143, Laws of Florida, shall pass to and be vested in the |
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Titusville-Cocoa Airport Authority, the governing body of the |
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Titusville-Cocoa Airport District, established and organized |
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under this Act to take the place of and succeed the Titusville- |
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Cocoa Airport Authority hereby abolished. All lawful debts, |
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bonds, obligations, contracts, franchises, promissory notes, |
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audits, minutes, resolutions, and other undertakings of the |
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Titusville-Cocoa Airport Authority created by chapter 59-1933, |
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Laws of Florida, which is abolished hereby, are hereby |
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validated, and same shall continue to be valid and binding in |
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accordance with their respective terms, conditions, covenants, |
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and tenor on the Titusville-Cocoa Airport District and the |
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Titusville-Cocoa Airport Authority established and organized by |
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this Act. Any proceeding heretofore begun for the construction |
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of any improvements, or port facilities, or for the borrowing of |
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money shall not be impaired or avoided by this chapter, but may |
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be continued and completed and binding upon the Titusville-Cocoa |
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Airport District and Titusville-Cocoa Airport Authority |
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established by this Act.
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Section 3. As used in this Act the following words and |
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terms shall have the following meanings, unless the context |
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shall indicate another or different meaning or intent:
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(a) The term "airport facilities" shall mean airport |
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facilities of all kinds including, but not limited to, landing |
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fields, hangars, shops, terminals, buildings, and all other |
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facilities necessary or desirable for the landing, taking off, |
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operating, servicing, repairing, and parking of aircraft, and |
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the unloading and handling of passengers, mail, express, and |
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freight, together with all necessary appurtenances and equipment |
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and all properties, rights, easements, and franchises relating |
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thereto and deemed necessary or convenient by the Authority in |
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connection therewith.
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(b) The word "Authority" shall mean the Authority created |
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by this Act, or, if such Authority shall be abolished, the |
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board, body, or commission succeeding to the principal functions |
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thereof or to whom the powers given by this Act to the Authority |
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shall be given by law.
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(c) The word "costs” shall mean and include the cost of |
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acquiring or constructing airport facilities and such buildings, |
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structures, roads, alleyways, railroad loading and unloading |
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facilities, and any other development of land as the Authority |
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shall determine to be necessary and proper in the performance of |
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the duties and purposes of this Act, the cost of improvements, |
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the cost of all lands, properties, rights, easements, and |
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franchises acquired, the cost of all machinery and equipment, |
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financing charges, interest prior to and during construction and |
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for 1 year after completion of construction, cost of engineering |
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and legal services, plans, specifications, surveys, estimates of |
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cost and of revenues, other expenses necessary or incident to |
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the determining of the feasibility or practicability of any such |
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acquisition, construction, or improvement, administrative |
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expenses, and such other expenses, including reasonable |
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provision for working capital, as may be necessary or incident |
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to the financing herein authorized, to the acquisition, |
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construction, and improvement of airport facilities and such |
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buildings, structures, roads, alleyways, railroad loading and |
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unloading facilities, and any other development of land as the |
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authority shall determine to be necessary and proper in the |
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performance of the duties and purposes of this Act and the |
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placing of the same in operation by the District. Any obligation |
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or expense incurred by the District or by any participating |
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political subdivision prior to the issuance of bonds under the |
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provisions of this Act in connection with the acquisition or |
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construction of any airport facilities and such buildings, |
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structures, roads, alleyways, railroad loading and unloading |
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facilities, and any other development of land as the Authority |
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shall determine to be necessary and proper in the performance of |
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the duties and purposes of this Act or any improvements thereof |
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may be regarded as a part of such cost.
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(d) The word "improvements" shall mean such repairs, |
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replacements, additions, extensions, and betterments of and to |
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any facilities as are deemed necessary to place or to maintain |
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such facilities in proper condition for the safe, efficient, and |
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economic operation thereof.
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(e) The term "participating political subdivisions" shall |
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mean the Cities of Titusville and Cocoa, Florida, the Board of |
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County Commissioners of Brevard County, Florida, and all other |
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political subdivisions or governments within the geographical |
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limits of the Airport District. |
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Section 4. The District is created for the purpose of |
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acquiring, constructing, improving, financing, operating, and |
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maintaining airport facilities and such buildings, structures, |
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roads, alleyways, railroad loading and unloading facilities, and |
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any other development of land owned or leased by the Authority |
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and essential to the economic welfare of the inhabitants of the |
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Authority and which will promote the economic, commercial, and |
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industrial development of the Authority. The District is hereby |
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constituted a public instrumentality and body corporate and |
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politic and the exercise by the District of the powers conferred |
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by this Act shall be deemed and held to be the performance of |
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essential governmental functions.
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Section 5. The governing Authority of said Titusville- |
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Cocoa Airport District shall be known as the Titusville-Cocoa |
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Airport Authority; and said Titusville-Cocoa Airport Authority |
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shall constitute a body politic and a body corporate; it shall |
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have perpetual existence.
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The Authority shall consist of seven members, one of whom |
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shall be appointed by the County Commissioner for District One, |
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who shall reside within the boundaries of the Titusville-Cocoa |
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Airport District but not within the city limits of Titusville; |
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one shall be appointed by the City of Titusville and shall |
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reside within the city limits of Titusville; two shall be |
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appointed by the County Commissioner for District Two, both of |
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whom shall reside within the boundaries of the Titusville-Cocoa |
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Airport District and at least one of whom shall reside either |
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within the City of Cape Canaveral, Florida, or the City of Cocoa |
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Beach, Florida; two of whom shall be appointed by the County |
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Commissioner for District Four, both of whom shall reside within |
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the boundaries of the Titusville-Cocoa Airport District and at |
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least one of whom shall reside either within the City of Cocoa, |
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Florida, or the City of Rockledge, Florida; and one of whom |
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shall be appointed jointly by the County Commissioners for |
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Districts One, Two, and Four and such appointee shall reside |
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within the Titusville-Cocoa Airport District. The cities within |
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the District are encouraged to participate in the appointing |
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process by making recommendations to the appropriate County |
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Commissioner involved in the appointment. The terms of each |
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appointment shall be for a period of 3 years. Upon expiration of |
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the term the member shall continue to serve pending |
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reappointment or until a successor is appointed for his or her |
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position. The Authority shall select from its members a Chair, a |
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Vice Chair, a Secretary, and a Treasurer to serve as such at the |
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pleasure of the Authority. Any person may hold two or more |
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offices, except that the Chair may not also serve as the |
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Secretary. When any vacancy shall occur, the vacancy shall be |
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filled by the appointing authority which originally appointed |
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the previous incumbent of the vacancy and such appointment shall |
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be for the remainder of said term being filled. Members of the |
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Authority shall be qualified freeholders residing in the |
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District.
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Four of the members of the Authority shall constitute a |
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quorum and the affirmative vote of four of the members of the |
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Authority shall be necessary for any action taken by the |
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Authority. The members of the Authority shall serve without |
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compensation but shall be reimbursed for the amount of actual |
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expenses incurred by them in the performance of their duties.
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Section 6. The Authority is hereby authorized and |
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empowered:
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(a) To adopt bylaws for the regulation of its affairs and |
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the conduct of its business;
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(b) To adopt an official seal and alter the same at |
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pleasure;
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(c) To maintain an office at such place or places as it |
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may designate;
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(d) To sue and be sued in its own name and to plead and be |
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impleaded;
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(e) To acquire, lease as lessee or lessor, construct, |
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reconstruct, improve, extend, enlarge, equip, repair, maintain, |
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and operate any airport facilities and such buildings, |
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structures, roads, alleyways, railroad loading and unloading |
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facilities, and any other development of land as the Authority |
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shall determine to be necessary and proper in the performance of |
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the duties and purposes of this Act, within the District and |
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within the participating political subdivisions in the District, |
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but within the boundaries of the District;
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(f) To issue bonds of the authority as hereinafter |
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provided to pay the cost of such acquisition, construction, |
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reconstruction, improvement, extension, enlargement, or |
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equipment, provided, however, that approval of the Board of |
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County Commissioners of Brevard County shall be secured prior to |
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the issuance of such bonds;
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(g) To issue refunding bonds of the Authority as |
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hereinafter provided, provided, however, that approval of the |
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Board of County Commissioners of Brevard County shall be secured |
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prior to the issuance of such bonds;
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(h) To combine any airport facilities for the purpose of |
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operation and financing; specifically the Authority is |
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authorized and empowered to combine the operation and financing |
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of Space Coast Regional Airport, Merritt Island Airport, and |
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Arthur Dunn Airpark, and said Authority is hereby authorized to |
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operate said three airports as a single unit and the acquisition |
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of real and personal property for all of said airports be and |
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the same is hereby validated, confirmed, and approved;
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(i) To fix and revise from time to time and to collect |
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rates, fees, and other charges for the use of or for the |
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services and facilities furnished by any airport facilities;
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(j) To acquire in the name of the Authority by gift, |
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purchase, or the exercise of the right of eminent domain in |
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accordance with the laws of the State of Florida which may be |
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applicable to the exercise of such powers by counties or |
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municipalities, any lands or rights in land, and to acquire such |
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personal property as it may deem necessary in connection with |
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the acquisition, construction, reconstruction, improvement, |
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extension, enlargement, or operation of any airport facilities |
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and such buildings, structures, roads, alleyways, railroad |
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loading and unloading facilities, and any other development of |
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land as the Authority shall determine to be necessary and proper |
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in the performance of the duties and purposes of this Act, and |
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to hold and dispose of all real and personal property under its |
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control;
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(k) To make and enter all contracts and agreements |
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necessary or incidental to the performance of its duties and the |
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execution of its powers under this Act, including a trust |
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agreement or trust agreements securing any bonds issued |
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hereunder, and to employ such consulting and other engineers, |
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superintendents, managers, construction and financial experts, |
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accountants and attorneys, and such employees and agents as may, |
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in the judgment of the Authority, be deemed necessary and to fix |
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their compensation, provided, however, that all such expenses |
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shall he payable solely from funds made available under the |
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provisions of this Act;
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(l) To accept grants of money or materials or property of |
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any kind for any airport facilities and such buildings, |
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structures, roads, alleyways, railroad loading and unloading |
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facilities, and any other development of land as the Authority |
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shall determine to be necessary and proper in the performance of |
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the duties and purposes of this Act from any Federal or State |
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agency, political subdivision, municipality, or other public |
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body, or from any other persons;
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(m) To do all acts and things necessary or convenient to |
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carry out the powers granted by this Act;
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(n) To lease as leasee or lessor any real property or to |
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sell or otherwise dispose of any personal property which it has |
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determined is no longer used or useful for purposes set forth |
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herein, subject, however, to any limitations which may be |
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imposed on such leasing or disposition by any bonds issued by |
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the Authority hereunder or by any proceedings taken in |
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connection with the issuance of such bonds;
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(o) To make purchase money mortgages on any additional |
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property purchased by the Authority, or to purchase property |
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subject to purchase money mortgages, provided, however, that |
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other property of the Authority is in no way subject to the lien |
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of such purchase money mortgages or subject to any deficiency |
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decree foreclosing any such purchase money mortgages; and
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(p) To provide for the appointment of a chief executive |
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officer to act as operations officer and head administrator of |
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the operation of the Airport District. He or she shall be |
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responsible to the Airport Authority for the proper |
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administration of all affairs of the Authority and to that end |
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he or she shall have the power and shall be required to:
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(1) Appoint when authorized by the Authority, and, if |
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necessary for the good of the Authority, remove all employees of |
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the Authority, other than the Authority's Attorney and Engineer.
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(2) Fix the salary of employees of the Authority, or |
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within the budget of the Authority.
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(3) Endorse on all contracts, bonds, and other instruments |
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in writing in which the Authority is interested, his or her |
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approval of the substance thereof.
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(4) Prepare the annual budget for the Authority and submit |
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it to the Authority, and be responsible for its administration |
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after adoption. |
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(5) Prepare and submit to the Authority, as of the end of |
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the fiscal year, a complete report on the finances and |
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administrative activities of the Authority for the preceding |
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year.
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(6) Keep the Authority advised of the financial condition |
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and future needs of the Authority, and make such recommendations |
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as may seem to him or her desirable.
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(7) He or she shall be purchasing agent for the Authority, |
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by whom all purchases of supplies shall be made, subject to the |
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rules and regulations to be prescribed by the Authority, and he |
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or she shall approve all vouchers for payment of same.
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(8) Perform such other duties as may be necessary in the |
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proper administration, excluding policy decisions, of the |
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facilities operated by the Authority.
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Section 7. The Authority shall in each fiscal year, which |
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fiscal year shall be the same as that of Brevard County, prepare |
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an annual budget for operating revenue accounts and operating |
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expense accounts and such other accounts as the Board of County |
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Commissioners of Brevard County shall prescribe, for its |
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operations in the ensuing fiscal year and, on or before the |
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first day of September of each year, submit such budget to the |
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Board of County Commissioners of Brevard County, Florida, |
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verified upon information and belief by the Chair of the |
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Authority. At the time the Authority prepares its annual budget, |
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it shall adopt a resolution determining and finding the |
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estimated amounts to be expended by the District in the ensuing |
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year, exclusive of any bonds or other obligations of the |
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District, for acquiring, establishing, constructing, enlarging, |
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operating, and maintaining said airports and other aviation |
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facilities and other facilities related thereto of the District, |
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or for any other corporate purposes of the District, and |
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requesting the Board of County Commissioners of Brevard County, |
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Florida, to levy a tax, not exceeding in any event 1/2 mill per |
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annum on all the taxable real and personal property in that |
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portion of the county within the geographical limits of the |
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District. A certified copy of said resolution shall be submitted |
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to the Board of County Commissioners of Brevard County, Florida, |
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at the same time that it submits its annual budget referred to |
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above.
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The Board of County Commissioners of Brevard County, |
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Florida, shall examine said budget and said certified copy of |
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said resolution and may increase or reduce the total amount |
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requested under the provisions in said budget and resolution for |
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the expenditure of such amounts for said purposes in such an |
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amount as said Board of County Commissioners deems advisable in |
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its sole discretion. Thereafter, said Board of County |
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Commissioners shall approve the budget of the District, either |
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as submitted or as increased or reduced, as aforesaid. Upon |
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approval of such budget, said Board of County Commissioners |
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shall levy, assess, and collect taxes not exceeding in any event |
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1/2 mill per annum on all the taxable real and personal property |
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in that portion of the county within the geographical limits of |
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the District, sufficient to pay the estimated amount for said |
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purposes contained in such budget and shall promptly upon |
|
346
|
receipt thereof remit and pay over to the Authority the proceeds |
|
347
|
to the payment of the costs of the purposes provided in such |
|
348
|
budget.
|
|
349
|
All anticipated revenues to be derived from the operation |
|
350
|
of the airports and airport facilities shall be included in the |
|
351
|
budget of the Authority, provided, however, that any amounts of |
|
352
|
money, including funds derived from ad valorem taxation and |
|
353
|
appropriated in the Authority's budget for the preceding fiscal |
|
354
|
year that remain unexpended from the revenue derived under the |
|
355
|
budget for the preceding fiscal year may, by resolution duly |
|
356
|
adopted by the Authority and approved by said Board of County |
|
357
|
Commissioners, be set aside in a separate fund to be known and |
|
358
|
described as a "renewal and replacement fund" and accumulated in |
|
359
|
said fund from year to year for the purpose of purchasing |
|
360
|
property, real and personal, building and constructing permanent |
|
361
|
improvements, replacements, alterations, buildings, and other |
|
362
|
structures, including runways, taxi strips, and aprons, and such |
|
363
|
funds may be disbursed from time to time out of the renewal and |
|
364
|
replacement fund, upon proper resolution of the Authority and |
|
365
|
approval by said Board of County Commissioners, and solely for |
|
366
|
the payment of the cost of purchasing property, real and |
|
367
|
personal, permanent improvements, replacements, alterations, |
|
368
|
buildings, and other structures, including runways, taxi strips, |
|
369
|
and aprons, as hereinbefore provided.
|
|
370
|
The Authority shall adopt budget procedures to establish |
|
371
|
the direct and indirect costs of operating and maintaining each |
|
372
|
airport in the Titusville-Cocoa Airport District as well as the |
|
373
|
direct income derived from each airport.
|
|
374
|
Section 8. The Titusville-Cocoa Airport District, through |
|
375
|
the Authority created herein, is hereby empowered and authorized |
|
376
|
to issue bonds of the District, in an aggregate principal amount |
|
377
|
of not exceeding an amount equal to 5 percent of the assessed |
|
378
|
valuation of all of the taxable property within the geographical |
|
379
|
limits of the District at the effective date of this Act, |
|
380
|
payable as to both principal and interest from ad valorem taxes |
|
381
|
not exceeding 1 mill per dollar of assessed valuation within the |
|
382
|
boundaries of the District for the purpose of paying all or any |
|
383
|
part of the cost of construction or acquisition of property, by |
|
384
|
the District, of any authorized project, and such acquisition or |
|
385
|
construction is hereby determined legislatively to be a lawful |
|
386
|
and essential District purpose.
|
|
387
|
No such bonds of the District herein authorized shall be |
|
388
|
issued unless and until the issuance thereof shall have been, |
|
389
|
first, approved at an election of the qualified electors who are |
|
390
|
freeholders residing in the geographical limits of the District, |
|
391
|
duly called and held, in the manner provided by the Constitution |
|
392
|
and statutes of the State of Florida.
|
|
393
|
Section 9. The State of Florida does hereby pledge to, and |
|
394
|
agree with, the Federal Government and any person, firm, or |
|
395
|
corporation, subscribing to, or acquiring the bonds to be issued |
|
396
|
by, the District for the construction, acquisition, extension, |
|
397
|
improvement, or enlargement of projects, or any part thereof, |
|
398
|
that the state will not limit or alter the rights hereby vested |
|
399
|
in the District until all bonds at any time issued, together |
|
400
|
with the interest thereon, are fully paid and discharged. The |
|
401
|
State of Florida does further pledge to, and agree with, the |
|
402
|
Federal Government that, in the event that the Federal |
|
403
|
Government shall construct or contribute any funds for the |
|
404
|
construction, acquisition, extension, improvement, or |
|
405
|
enlargement of said projects, or any part thereof, the state |
|
406
|
will not alter or limit the rights and powers of the District in |
|
407
|
any manner which would be inconsistent with the continued |
|
408
|
maintenance and operation of the projects, or any part thereof, |
|
409
|
or the improvement thereof, or which would be inconsistent with |
|
410
|
the due performance of any agreements between the District and |
|
411
|
the Federal Government, and the District shall continue to have |
|
412
|
and may exercise all powers herein granted, so long as the same |
|
413
|
may be necessary or desirable for the carrying out of the |
|
414
|
purposes of this Act and the purposes of the Federal Government |
|
415
|
in the construction or acquisition or improvement or enlargement |
|
416
|
of said projects, or any part thereof.
|
|
417
|
Section 10. Cooperation between municipalities, county, |
|
418
|
and District: the Effectuation of the authorized purposes of the |
|
419
|
Authority being in all respects for the benefit of the people of |
|
420
|
the State of Florida and the County of Brevard as well as the |
|
421
|
municipalities within the geographical limits of the Titusville- |
|
422
|
Cocoa Airport District, the county and each municipality in the |
|
423
|
District are hereby authorized to aid and cooperate with the |
|
424
|
District in carrying out any authorized purposes of the |
|
425
|
District.
|
|
426
|
The county and each municipality in the District are hereby |
|
427
|
authorized to enter into cooperation agreements with the |
|
428
|
District and to provide in any such cooperation agreement for |
|
429
|
the making of a loan, gift, grant, or contribution to the |
|
430
|
District for the carrying out of its authorized purposes.
|
|
431
|
The county and each municipality in the District are |
|
432
|
hereby, further, authorized to grant and convey to the Authority |
|
433
|
real or personal property, of any kind or nature, or any |
|
434
|
interest therein, for the carrying out of its authorized |
|
435
|
purposes.
|
|
436
|
The county and each municipality in the District are, |
|
437
|
further and additionally, authorized to covenant in any such |
|
438
|
cooperation agreement made pursuant to this Section to pay all |
|
439
|
or any part of the costs of operation and maintenance of the |
|
440
|
projects of the District from any available funds of the county |
|
441
|
or municipality in the District, except revenues derived from ad |
|
442
|
valorem taxation and cigarette taxes, and to pay all or any part |
|
443
|
of the principal and interest on any revenue bonds of the |
|
444
|
District and all or any part of the deposits required to be made |
|
445
|
into any reserve, renewal, and replacement or other funds |
|
446
|
created and established by the resolution, indenture, deed of |
|
447
|
trust, or other instrument securing said revenue bonds from any |
|
448
|
available funds of the county or any municipality. |
|
449
|
Any such cooperation agreement may be made and entered into |
|
450
|
pursuant to this Act for such time or times not exceeding 40 |
|
451
|
years as shall be agreed by the parties thereto or for such |
|
452
|
longer time as any revenue bonds of the District, including |
|
453
|
refundings thereof, remain outstanding and unpaid and may |
|
454
|
contain such other details, terms, provisions, and conditions as |
|
455
|
shall be agreed upon by the parties thereto.
|
|
456
|
Any such cooperation agreement may be made and entered into |
|
457
|
for the benefit of the holders of any revenue bonds of the |
|
458
|
Authority as well as the parties thereto and shall be |
|
459
|
enforceable in any court of competent jurisdiction by the |
|
460
|
holders of any such revenue bonds or of the coupons appertaining |
|
461
|
thereto.
|
|
462
|
Section 11. The Authority is hereby further authorized to |
|
463
|
issue at one time, or from time to time, ad valorem bonds of the |
|
464
|
District as hereinbefore provided, or revenue bonds as |
|
465
|
hereinafter provided, for the purpose of paying the cost of |
|
466
|
acquiring, constructing, reconstructing, improving, extending, |
|
467
|
enlarging, or equipping any airport facilities and such |
|
468
|
buildings, structures, roads, alleyways, railroad loading and |
|
469
|
unloading facilities, and any other development of land as the |
|
470
|
Authority shall determine to be necessary and proper in the |
|
471
|
performance of the duties and purposes of this Act. The bonds of |
|
472
|
each issue shall be dated, shall mature at such time or times |
|
473
|
not exceeding 40 years from their date or dates, and shall bear |
|
474
|
interest at such rate or rates not exceeding 8 percent per |
|
475
|
annum, as may be determined by the Authority, provided that |
|
476
|
revenue bonds shall not bear interest at a higher rate of |
|
477
|
interest than provided by general law, and may be made |
|
478
|
redeemable before maturity, at the option of the Authority, at |
|
479
|
such price or prices and under such terms and conditions as may |
|
480
|
be fixed by the Authority prior to the issuance of the bonds. |
|
481
|
The Authority shall determine the form and the manner of |
|
482
|
execution of the bonds, including any interest coupons to be |
|
483
|
attached thereto, and shall fix the denomination or |
|
484
|
denominations of the bonds and the place or places of payment of |
|
485
|
principal and interest, which may be of any bank or trust |
|
486
|
company within or without the state. In case any officer whose |
|
487
|
signature or a facsimile of whose signature shall appear on any |
|
488
|
bonds or coupons shall cease to be such officer before the |
|
489
|
delivery of such bonds, such signature or such facsimile shall |
|
490
|
nevertheless be valid and sufficient for all purposes, the same |
|
491
|
as if he or she had remained in office until such delivery. |
|
492
|
Notwithstanding any of the other provisions of this Act or any |
|
493
|
recitals in any bonds issued under the provisions of this Act, |
|
494
|
all such bonds shall be deemed to be negotiable instruments |
|
495
|
under the laws of the state. The bonds may be issued in coupon |
|
496
|
or registered form, or both, as the Authority may determine, and |
|
497
|
provision may be made for the registration of any coupon bonds |
|
498
|
as to principal alone and also as to both principal and |
|
499
|
interest, and for the reconversion into coupon bonds of any |
|
500
|
bonds registered as to both principal and interest. The bonds |
|
501
|
shall be sold at public sale and the net interest cost to the |
|
502
|
Authority on such bonds shall not exceed the limits hereinbefore |
|
503
|
specified. If all bids received on the public sale are rejected, |
|
504
|
the Authority may then proceed to negotiate for the sale of the |
|
505
|
bonds at a net interest cost, which shall be less than the |
|
506
|
lowest net interest cost stated in the bids rejected at the |
|
507
|
public sale.
|
|
508
|
The proceeds of the bonds of each issue shall be used |
|
509
|
solely for the purpose for which such bonds shall have been |
|
510
|
authorized and shall be disbursed in such manner and under such |
|
511
|
restrictions, if any, as the Authority shall provide in the |
|
512
|
resolution authorizing the issuance of such bonds or in the |
|
513
|
trust agreement herein mentioned securing the same. Unless |
|
514
|
otherwise provided in the authorizing resolution or in the trust |
|
515
|
agreement securing such, if the proceeds of such bonds, by error |
|
516
|
of estimates or otherwise, shall be less than such cost, |
|
517
|
additional bonds may in like manner be issued to provide the |
|
518
|
amount of such deficit and shall be deemed to be of the same |
|
519
|
issue and shall be entitled to payment from the same fund |
|
520
|
without preference or priority of the bonds first issued for the |
|
521
|
same purpose.
|
|
522
|
The resolution providing for the issuance of bonds, and any |
|
523
|
trust agreement securing such bonds, may also contain such |
|
524
|
limitations upon the issuance of additional bonds as the |
|
525
|
Authority may deem proper, and such additional bonds shall be |
|
526
|
issued under such restrictions and limitations as may be |
|
527
|
prescribed by such resolution or trust agreement.
|
|
528
|
Prior to the preparation of definitive bonds, the Authority |
|
529
|
may, under like restrictions, issue interim receipts or |
|
530
|
temporary bonds, with or without coupons, exchangeable for |
|
531
|
definitive bonds when such bonds shall have been executed and |
|
532
|
are available for delivery. The Authority may also provide for |
|
533
|
the replacement of any bonds which shall become mutilated or be |
|
534
|
destroyed or lost.
|
|
535
|
Except as specifically provided in this Act which requires |
|
536
|
the prior approval of the Board of County Commissioners of |
|
537
|
Brevard County, bonds may be issued under the provisions of this |
|
538
|
Act without obtaining the consent of any other commission, |
|
539
|
board, bureau, or agency of the state or of any political |
|
540
|
subdivisions, and without any other proceeding or the happening |
|
541
|
of other conditions.
|
|
542
|
Bonds issued by the Authority under the provisions of this |
|
543
|
Section shall not be deemed to constitute a debt of the state or |
|
544
|
of any political subdivision thereof or a pledge of the faith |
|
545
|
and credit of the state or of any such political subdivision, |
|
546
|
but such bonds shall be obligations of the District payable |
|
547
|
solely from the funds herein provided therefor, and a statement |
|
548
|
to that effect shall be recited on the face of the bonds.
|
|
549
|
Section 12. The District is hereby authorized to fix and |
|
550
|
revise from time to time rates, fees, and other charges for the |
|
551
|
use of and for the services furnished or to be furnished by any |
|
552
|
facilities owned or operated by the District, and such rates, |
|
553
|
fees, and charges shall not be subject to supervision or |
|
554
|
regulation by any bureau, board, commission, or other agency of |
|
555
|
the state or any political subdivision. Such rates, fees, and |
|
556
|
charges shall be fixed and revised so that the revenues of the |
|
557
|
District, together with any other funds provided by this Act, |
|
558
|
will be sufficient at all times:
|
|
559
|
(a) To pay the cost of maintaining, repairing, and |
|
560
|
operating the facilities owned or operated by the Authority, |
|
561
|
including reserves for such purposes; and
|
|
562
|
(b) To pay the principal of and the interest on all bonds |
|
563
|
issued by the Authority under the provisions of this Act as the |
|
564
|
same shall become due and payable and to provide reserves |
|
565
|
therefor.
|
|
566
|
|
|
567
|
Notwithstanding any of the foregoing provisions of this Section, |
|
568
|
the Authority may enter into contracts relating to the use of or |
|
569
|
for the services furnished or to be furnished by any facilities |
|
570
|
which shall not be subject to revision except in accordance with |
|
571
|
their terms.
|
|
572
|
Section 13. In the discretion of the Authority, each or |
|
573
|
any issue of bonds may be secured by a trust agreement by and |
|
574
|
between the District and a corporate trustee, which may be any |
|
575
|
trust company or bank having the powers of a trust company |
|
576
|
within or without the state. The resolution authorizing the |
|
577
|
issuance of the bonds or such trust agreement may pledge the |
|
578
|
revenues to be resolved from any facilities of the District but |
|
579
|
shall not convey or mortgage any of such facilities, and may |
|
580
|
contain such provisions for protecting and enforcing the rights |
|
581
|
and remedies of the bondholders as may be reasonable and proper |
|
582
|
and not in violation of law, including covenants setting forth |
|
583
|
the duties of the District in relation to the acquisition, |
|
584
|
construction, reconstruction, improvement, maintenance, repairs, |
|
585
|
operation, and insurance of any such facilities, the fixing and |
|
586
|
revising of the rates, fees and charges, and the custody, |
|
587
|
safeguarding, and application of all moneys, and for the |
|
588
|
employment of counseling engineers in connection with such |
|
589
|
acquisition, construction, reconstruction, or operation. It |
|
590
|
shall be lawfu1 for any bank or trust company incorporated under |
|
591
|
the laws of the state which may act as a depositary of the |
|
592
|
proceeds of bonds or of revenues to furnish such indemnifying |
|
593
|
bonds or to pledge such securities as may be required by the |
|
594
|
District. Such resolution or trust agreement may set forth the |
|
595
|
rights and remedies of the bondholders and of the trustee, if |
|
596
|
any, and may restrict the individual right of action by |
|
597
|
bondholders. Such resolution or trust agreement may contain such |
|
598
|
other provisions in addition to the foregoing as the Authority |
|
599
|
may deem reasonable and proper for the security of the |
|
600
|
bondholders. The Authority may provide for the payment of the |
|
601
|
proceeds of the sale of the bonds and the revenues of any |
|
602
|
facilities to such officer, board, or depositary as it may |
|
603
|
designate for the custody thereof, and for the method of |
|
604
|
disbursement thereof, with such safeguards and restrictions as |
|
605
|
it may determine. All expenses incurred in carrying out the |
|
606
|
provisions of such resolution or trust agreement may be treated |
|
607
|
as a part of the cost of operation.
|
|
608
|
All pledges of revenues under the provisions of this Act |
|
609
|
shall be valid and binding from the time when such pledges are |
|
610
|
made. All such revenues so pledged and thereafter received by |
|
611
|
the District shall immediately be subject to the lien of such |
|
612
|
pledges without any physical delivery thereof or further action, |
|
613
|
and the lien of such pledges shall be valid and binding as |
|
614
|
against all parties having claims of any kind in tort, contract, |
|
615
|
or otherwise, against the District, irrespective of whether such |
|
616
|
parties have notice thereof.
|
|
617
|
Section 14. All moneys received pursuant to the authority |
|
618
|
of this Act shall be deemed to be trust funds, to be held and |
|
619
|
applied solely as provided in this Act. The resolution |
|
620
|
authorizing the issuance of bonds or the trust agreement |
|
621
|
securing such bonds shall provide that any officer to whom, or |
|
622
|
bank, trust company, or fiscal agent to which, such moneys shall |
|
623
|
be paid shall act as trustee of such moneys and shall hold and |
|
624
|
supply the same for the purposes hereof, subject to such |
|
625
|
regulations as this Act and such resolution or trust agreement |
|
626
|
may provide.
|
|
627
|
Section 15. Any holder of bonds issued under the |
|
628
|
provisions of this Act or of any of the coupons appertaining |
|
629
|
thereto, and the trustee under any trust agreement, except to |
|
630
|
the extent the rights herein given may be restricted by the |
|
631
|
resolution authorizing the issuance of such bonds or such trust |
|
632
|
agreement, may, either at law or in equity, by suit, action, |
|
633
|
mandamus, or other proceeding, protect and enforce any and all |
|
634
|
rights under the laws of the state or granted hereunder or under |
|
635
|
such resolution or trust agreement, and may enforce and compel |
|
636
|
the performance of all duties required by this Act or by such |
|
637
|
resolution or trust agreement to be performed by the Authority |
|
638
|
or by any officer thereof, including the fixing, charging, and |
|
639
|
collecting of the rates, fees, and charges for the use of or for |
|
640
|
the services and facilities furnished by any facilities.
|
|
641
|
Section 16. The Authority is hereby authorized to issue |
|
642
|
from time to time refunding bonds for the purpose of refunding |
|
643
|
any bonds of the Authority then outstanding, including the |
|
644
|
payment of any redemption premium thereon and any interest |
|
645
|
accrued or to accrue to the date of redemption of such bonds. |
|
646
|
The Authority is further authorized to issue from time to time |
|
647
|
bonds of the Authority for the combined purpose of:
|
|
648
|
(a) Refunding any bonds of the Authority then outstanding, |
|
649
|
including the payment of any redemption premium thereon and any |
|
650
|
interest accrued or to accrue to the date of redemption of such |
|
651
|
bonds; and
|
|
652
|
(b) Paying all or any part of the cost of acquiring or |
|
653
|
constructing any additional facilities or of any improvements. |
|
654
|
The issuance of such bonds, the maturities and other details |
|
655
|
thereof, the rights and remedies of the holders thereof, and the |
|
656
|
rights, powers, privileges, duties, and obligation of the |
|
657
|
Authority with respect to the same, shall be governed by the |
|
658
|
foregoing provisions of this Act, insofar as the same may be |
|
659
|
applicable.
|
|
660
|
Section 17. This Act shall be deemed to provide an |
|
661
|
additional and alternative method for the doing of the things |
|
662
|
authorized hereby and shall be regarded as supplemental and |
|
663
|
additional to powers conferred by other laws, and shall not be |
|
664
|
regarded as in derogation of or as repealing any powers now |
|
665
|
existing under any other law, whether general, special, or |
|
666
|
local, provided, however, that the issuance of revenue bonds or |
|
667
|
refunding bonds under the provisions of this Act need not comply |
|
668
|
with the requirements of any other law applicable to the |
|
669
|
issuance of bonds.
|
|
670
|
Section 18. The erection of any new structures or the |
|
671
|
alteration of any existing structures that would constitute a |
|
672
|
hazard to air navigation affecting any facility operated by the |
|
673
|
District as the same as defined by applicable federal laws, be |
|
674
|
and the same is hereby prohibited.
|
|
675
|
Section 19. All other general, special, or local laws or |
|
676
|
parts thereof inconsistent herewith are hereby declared to be |
|
677
|
inapplicable to the provision of this Act and are repealed as |
|
678
|
they affect the power and authority of the Titusville-Cocoa |
|
679
|
Airport Authority to levy, assess, collect, and enforce ad |
|
680
|
valorem taxes as set forth in this Act.
|
|
681
|
Section 20. The provisions of this Act are severable, and |
|
682
|
if any of its provisions shall be held unconstitutional by any |
|
683
|
Court of competent jurisdiction, the decision of such Court |
|
684
|
shall not affect or impair any of the remaining provisions.
|
|
685
|
Section 21. As the facilities provided for herein are |
|
686
|
essential to the economic welfare of the inhabitants of the |
|
687
|
District, and will promote the economic, commercial, industrial, |
|
688
|
and residential development of said District, and as the |
|
689
|
exercise of the powers conferred by this Act to effect such |
|
690
|
purposes constitutes the performance of essential public |
|
691
|
functions, and as such facilities acquired or constructed under |
|
692
|
the provisions of this Act will constitute public property used |
|
693
|
for public purposes, no taxes or assessments shall be levied |
|
694
|
upon any such facilities. The Legislature hereby finds that the |
|
695
|
benefits to be derived by properties within the District are |
|
696
|
equal to the taxes herein imposed, and that all properties |
|
697
|
within the District shall derive benefits from the operations of |
|
698
|
the Titusville-Cocoa Airport District.
|
|
699
|
Section 22. The Board of County Commissioners of Brevard |
|
700
|
County, Florida, and the City of Titusville, Florida, are hereby |
|
701
|
authorized to regulate the height of structures and natural |
|
702
|
growth in the vicinity of airports, to create approach zones and |
|
703
|
other zones for airports, and to adopt airport zoning |
|
704
|
regulations for airport hazard areas. In adopting such airport |
|
705
|
zoning regulations, the Board of County Commissioners and the |
|
706
|
City of Titusville are authorized to make them applicable only |
|
707
|
to lands within the Titusville-Cocoa Airport District or to the |
|
708
|
county as a whole. The Board of County Commissioners is |
|
709
|
authorized, at its option, to delegate the administration and |
|
710
|
enforcement of said airport zoning law to the Titusville-Cocoa |
|
711
|
Airport Authority or to such other administrative board as it |
|
712
|
may choose.
|
|
713
|
Section 23. The following described real property acquired |
|
714
|
by the Titusville-Cocoa Airport District pursuant to authority |
|
715
|
granted the Titusville-Cocoa Airport Authority as governing body |
|
716
|
of said District under Section 6(e) of this Charter shall be |
|
717
|
used solely for public purposes:
|
|
718
|
|
|
719
|
A part of the E 1/2 of Section 32, Township 21 South, |
|
720
|
Range 35 East, and a part of the South 30 acres of the |
|
721
|
NW 1/4 of the SW 1/4 of Section 33, Township 21 South, |
|
722
|
Range 35 East, all in Brevard County, Florida, |
|
723
|
described as follows: |
|
724
|
|
|
725
|
Commencing at the point of intersection of the North |
|
726
|
line of the S 1/2 of the S 1/2 of the SW 1/4 of the NW |
|
727
|
1/4 of said Section 32, and the East right-of-way line |
|
728
|
of SINGLETON AVENUE, said point being the Southwest |
|
729
|
corner of LUNA HEIGHTS, according to the plat thereof, |
|
730
|
as recorded in Plat Book 18, Page 133, of the public |
|
731
|
records of Brevard County, Florida, and said point |
|
732
|
lying 167.98 feet North and 33 feet East of the |
|
733
|
Northwest corner of the SW 1/4 of the NE 1/4 of said |
|
734
|
Section 32; from said point of commencement run thence |
|
735
|
along the boundary of said LUNA HEIGHTS, South 89 |
|
736
|
degrees 53 minutes 51 seconds East, a distance of 5.44 |
|
737
|
feet to the POINT OF BEGINNING of the lands herein |
|
738
|
described; thence continue South 89 degrees 53 minutes |
|
739
|
51 seconds East, 627.07 feet to the Northeast corner |
|
740
|
of said S1/2 of the S 1/2 of the SW 1/4 of the NW 1/4 |
|
741
|
of the NE 1/4 of Section 32; thence North 0 degrees 09 |
|
742
|
minutes 24 seconds East, 167.44 feet to the Northwest |
|
743
|
corner of the S 1/2 of the SE 1/4 of the NW 1/4 of the |
|
744
|
NE 1/4 of said Section 32; thence South 89 degrees 53 |
|
745
|
minutes 06 seconds East, 665.58 feet to the Northeast |
|
746
|
corner of the last mentioned parcel, being also the |
|
747
|
Southeast corner of said LUNA HEIGHTS; thence South 0 |
|
748
|
degrees 14 minutes 34 seconds West, 335.62 feet to the |
|
749
|
Southeast corner of said S 1/2 of the SE 1/4 of the NW |
|
750
|
1/4 of the NE 1/4 of Section 32; thence South 89 |
|
751
|
degrees 52 minutes 58 seconds East along the North |
|
752
|
line of the S 1/2 of the NE 1/4 of said Section 32, a |
|
753
|
distance of 946.06 feet to a point; thence South 0 |
|
754
|
degrees 12 minutes 23 seconds West along the East line |
|
755
|
of lands described in Deed Book 313, Page 101, a |
|
756
|
distance of 645.00 feet; thence South 89 degrees 52 |
|
757
|
minutes 58 seconds East, 75.00 feet to the Northeast |
|
758
|
of corner of lands described in Deed Book 343, page |
|
759
|
143; thence South 0 degrees 12 minutes 23 seconds West |
|
760
|
694.25 feet to an iron pipe at the Southeast corner |
|
761
|
thereof, said point lying on the South line of the S |
|
762
|
1/2 of the NE 1/4 of said Section 32; thence South 89 |
|
763
|
degrees 54 minutes 46 seconds East along said line, |
|
764
|
112.732 feet to an iron pipe; thence South 0 degrees |
|
765
|
05 minutes 19 seconds East, 330.00 feet; thence South |
|
766
|
89 degrees 46 minutes 18 seconds East, 200.00 feet to |
|
767
|
the Southeast corner of the East 200 feet of the South |
|
768
|
330 feet of the NE 1/4 of the SE 1/4 of said Section |
|
769
|
32; thence South 88 degrees 57 minutes 23 seconds |
|
770
|
East, 483.73 feet to a point in the centerline of OLD |
|
771
|
DIXIE HIGHWAY; thence along said centerline, South 8 |
|
772
|
degrees 57 minutes 23 seconds East, 126.15 feet to the |
|
773
|
Point of Curvature of a circular curve concave |
|
774
|
Northeasterly, having a radius of 320.11 feet; thence |
|
775
|
Southeasterly along the arc of said curve through a |
|
776
|
central angle of 34 degrees 52 minutes 38 seconds, a |
|
777
|
distance of 194.86 feet to a point; thence South 89 |
|
778
|
degrees 54 minutes 41 seconds West, along the South |
|
779
|
line of AIRPORT ROAD, 590.37 feet to a point on the |
|
780
|
East line of the NE 1/4 of the SE 1/4 of said Section |
|
781
|
32; thence South 0 degrees 05 minutes 19 seconds East |
|
782
|
along said line, 699.10 feet to the Southeast corner |
|
783
|
of said NE 1/4 of the SE 1/4 of Section 32; thence |
|
784
|
North 89 degrees 40 minutes 23 seconds West along the |
|
785
|
South line of the N 1/2 of the SE 1/4 of said Section |
|
786
|
32, a distance of 2321.00 feet; thence North 0 degrees |
|
787
|
19 minutes seconds East 170.00 feet; thence North 89 |
|
788
|
degrees 40 minutes 23 seconds West, 229.47 feet to a |
|
789
|
point 117.60 feet East of the West line of the SE 1/4 |
|
790
|
of said Section 32; thence North 0 degrees 08 minutes |
|
791
|
53 seconds East, parallel to said West line of the SE |
|
792
|
1/4 of Section 32, and along the East right-of-way |
|
793
|
line of SINGLETON AVENUE, as now located, 757.62 feet; |
|
794
|
thence South 89 degrees 51 minutes 07 seconds East, |
|
795
|
400.00 feet; thence North 0 degrees 08 minutes 53 |
|
796
|
seconds East, 225.00 feet; thence North 89 degrees 51 |
|
797
|
minutes 07 seconds West, 400.00 feet; thence North 0 |
|
798
|
degrees 08 minutes 53 seconds East along said East |
|
799
|
line of SINGLETON AVENUE, 15.00 feet; thence South 89 |
|
800
|
degrees 51 minutes 07 seconds East, 400.00 feet; |
|
801
|
thence North 0 degrees 08 minutes 53 Seconds East |
|
802
|
808.23 feet; thence North 89 degrees 51 minutes 07 |
|
803
|
seconds West, 400.00 feet to a point 690 feet South of |
|
804
|
the North line of the SW 1/4 of the NE 1/4 of said |
|
805
|
Section 32; thence North 0 degrees 08 minutes 53 |
|
806
|
seconds East, along said East right-of-way line of |
|
807
|
SINGLETON AVENUE, 290.00 feet to the Point of |
|
808
|
Curvature of a circular curve concave Westerly having |
|
809
|
a radius of 1633 feet, and a central angle of 14 |
|
810
|
degrees 10 minutes 48 seconds; thence Northerly along |
|
811
|
the arc of said curve, 404.15 feet to the Point of |
|
812
|
Reverse Curvature of a circular curve concave |
|
813
|
Easterly, having a radius of 1142.15 feet, said point |
|
814
|
lying on the North line of the SW 1/4 of the NE 1/4 of |
|
815
|
said Section 32; thence Northerly along the arc of |
|
816
|
said curve through a central angle of 8 degrees 33 |
|
817
|
minutes 40 seconds, a distance of 170.66 feet to the |
|
818
|
POINT OF BEGINNING, less the right-of-way of OLD DIXIE |
|
819
|
HIGHWAY. And less the parcel of land occupied by the |
|
820
|
office and yard of District One, Brevard County Board |
|
821
|
of County Commissioners, described as follows:
|
|
822
|
|
|
823
|
Commencing at the Northwest corner of the SW 1/4 of |
|
824
|
the NE 1/4 of said Section 32, run thence South 89 |
|
825
|
degrees 52 minutes 58 seconds East along the North |
|
826
|
line of said SW 1/4 of the NE 1/4, 1196.29 feet; |
|
827
|
thence South degrees 42 minutes 30 seconds East 123.93 |
|
828
|
feet to the POINT OF BEGINNING of the lands herein |
|
829
|
described; thence North 86 degrees 17 minutes 30 |
|
830
|
seconds East, 515.00 feet; thence South 3 degrees 42 |
|
831
|
minutes 30 seconds East 165.00 feet; thence South 86 |
|
832
|
degrees 17 minutes 30 seconds West 515.O0 feet; thence |
|
833
|
North 3 degrees 42 minutes 30 seconds West 165.00 feet |
|
834
|
to the Point of Beginning.
|
|
835
|
|
|
836
|
And Less a parcel of land described in Official |
|
837
|
Records Book 686, page 431.
|
|
838
|
|
|
839
|
And in addition to the above, the right-of-way |
|
840
|
described in Official Records Book 686, Page 432, |
|
841
|
public records of Brevard County, Florida.
|
|
842
|
|
|
843
|
And less a parcel of land occupied by the NORTH |
|
844
|
BREVARD ANIMAL SHELTER, described as follows: |
|
845
|
Commencing at the Northwest corner of the SW 1/4 of |
|
846
|
the NE 1/4 of said Section 32, run thence South 89 |
|
847
|
degrees 52 minutes 58 seconds East along the North |
|
848
|
line of said SW 1/4 of the NE 1/4, 1196.29 feet; |
|
849
|
thence South 3 degrees 42 minutes 30 seconds East, |
|
850
|
123.93 feet to the Northwest corner of the land |
|
851
|
occupied by the office and yard of DISTRICT ONE, |
|
852
|
BREVARD COUNTY BOARD OF COUNTY COMMISSIONERS; thence |
|
853
|
North 86 degrees 17 minutes 30 seconds East along the |
|
854
|
Northerly boundary of said lands occupied by the |
|
855
|
office and yard of DISTRICT ONE, a distance of 515.00 |
|
856
|
feet to the POINT OF BEGINNING of the lands herein |
|
857
|
described; thence continue North 86 degrees 17 minutes |
|
858
|
30 seconds East, 175.00 feet; thence South 3 degrees |
|
859
|
42 minutes 30 seconds East 165.00 feet; thence South |
|
860
|
86 degrees 17 minutes 30 seconds West, 175.00 feet to |
|
861
|
the Southeast corner of the aforementioned lands |
|
862
|
occupied by DISTRICT ONE; thence North 3 degrees 42 |
|
863
|
minutes 30 seconds West along the East boundary of |
|
864
|
said lands, 165.00 feet to the POINT OF BEGINNING. |
|
865
|
|
|
866
|
No building or improvement may be constructed or erected on |
|
867
|
said property which will impair or interfere with the use of the |
|
868
|
property as a well field for public water supply.
|
|
869
|
Section 4. Except as specifically reenacted herein, |
|
870
|
chapters 63-1143, 67-1151, 69-863, 70-600, 72-472, 80-457, 81- |
|
871
|
348, 82-267, and 83-374, Laws of Florida, are repealed. |
|
872
|
Section 5. This act shall take effect upon becoming a law. |