|
|||
| 1 | A bill to be entitled | ||
| 2 | An act relating to the Tallahassee downtown improvement | ||
| 3 | authority as a body corporate; codifying, reenacting, | ||
| 4 | amending, and repealing chapters 71-935 and 91-394, Laws | ||
| 5 | of Florida; providing a popular name; providing | ||
| 6 | definitions; providing a statement of policy and | ||
| 7 | legislative findings; prescribing the boundaries of the | ||
| 8 | downtown area; prescribing the number, qualifications, | ||
| 9 | term, and methods of appointment and removal of members; | ||
| 10 | providing for filling vacancies in office, for service | ||
| 11 | without compensation, for reimbursement of expenses, for | ||
| 12 | bonding, and for personal liability in certain instances; | ||
| 13 | providing for bylaws and internal governance of the board, | ||
| 14 | prescribing its functions and powers, including powers to | ||
| 15 | acquire, own, lease, and dispose of property, to request | ||
| 16 | the City of Tallahassee to exercise its eminent domain | ||
| 17 | power for public purposes, to issue, sell, and provide | ||
| 18 | security for revenue certificates, to borrow on short | ||
| 19 | term, to fix, regulate, and collect rates and charges, to | ||
| 20 | maintain offices, to employ and prescribe the duties, | ||
| 21 | authority, tenure, compensation, and expense reimbursement | ||
| 22 | of a director and other staff, and to exercise all | ||
| 23 | necessary incidental powers; prescribing for the city to | ||
| 24 | levy in each fiscal year an ad valorem property tax of not | ||
| 25 | more than 1 mill to finance board operations; providing | ||
| 26 | for assessment and collection thereof by the city; | ||
| 27 | requiring maintenance of records, budget, and fiscal | ||
| 28 | control; forbidding participation on behalf of the board | ||
| 29 | by personnel financially interested in the matter | ||
| 30 | involved; providing for succession by the city to the | ||
| 31 | property and certain functions of the board if it ceases | ||
| 32 | to exist or operate; regulating issuance of board revenue | ||
| 33 | certificates; prescribing scope of this act; providing for | ||
| 34 | a freeholders’ election, and providing for its liberal | ||
| 35 | construction and severability; providing an effective | ||
| 36 | date. | ||
| 37 | |||
| 38 | Be It Enacted by the Legislature of the State of Florida: | ||
| 39 | |||
| 40 | Section 1. Pursuant to section 189.429, Florida Statutes, | ||
| 41 | this act constitutes the codification of all special acts | ||
| 42 | relating to the Tallahassee downtown improvement authority act. | ||
| 43 | It is the intent of the Legislature in enacting this law to | ||
| 44 | provide a single, comprehensive special act charter for the | ||
| 45 | district, including all current legislative authority granted to | ||
| 46 | the district by its legislative enactments and any additional | ||
| 47 | authority granted by this act. | ||
| 48 | Section 2. Chapters 71-935 and 91-394, Laws of Florida, | ||
| 49 | relating to the Tallahassee downtown improvement authority are | ||
| 50 | codified, reenacted, amended, and repealed as provided herein. | ||
| 51 | Section 3. The charter for the Tallahassee downtown | ||
| 52 | improvement district is re-created and reenacted to read: | ||
| 53 | Section 1. Popular name.--This act shall be known by the | ||
| 54 | popular name the “Tallahassee downtown improvement authority | ||
| 55 | act.” | ||
| 56 | Section 2. Definitions and rules of construction.--Unless | ||
| 57 | qualified in the text, the following definitions and rules of | ||
| 58 | construction shall apply hereto: | ||
| 59 | (1) “Board” means the Tallahassee downtown improvement | ||
| 60 | authority hereby created, and any successor to its functions, | ||
| 61 | authority, rights, and obligations. | ||
| 62 | (2) “City” and “Tallahassee” mean the City of Tallahassee, | ||
| 63 | Florida. | ||
| 64 | (3) “City commission” means the Tallahassee city | ||
| 65 | commission and any succeeding governing body of the city. | ||
| 66 | (4) “Downtown” and “downtown area” mean the area | ||
| 67 | established by the city commission as set forth herein and to | ||
| 68 | which this act primarily relates, including the central business | ||
| 69 | district and its environs. | ||
| 70 | (5) “Herein,” “hereby,” “hereof,” and similar compounds | ||
| 71 | refer to the entire act. | ||
| 72 | (6) “Including” shall be constructed as merely introducing | ||
| 73 | illustrative examples and not as limiting in any way the | ||
| 74 | generality of the inclusive term. | ||
| 75 | (7) “Majority” without qualification means a majority of a | ||
| 76 | quorum. | ||
| 77 | (8) “Mayor” means the Mayor of the City of Tallahassee. | ||
| 78 | (9) “State” means the State of Florida. | ||
| 79 | (10) “Freeholder” for the purposes of this act means any | ||
| 80 | owner of real property in the downtown area not wholly exempt | ||
| 81 | from ad valorem taxation, whether individual, corporation, | ||
| 82 | trust, estate, or partnership residing or with its principal | ||
| 83 | place of business located in the United States of America. | ||
| 84 | Section 3. Statement of policy and legislative findings.-- | ||
| 85 | (1) It is the policy of the state to make it possible for | ||
| 86 | the city to revitalize and preserve property values and prevent | ||
| 87 | deterioration in the downtown area by a system of self-help to | ||
| 88 | correct the commercial blight of such deterioration as has | ||
| 89 | developed there. The board hereby created is intended to provide | ||
| 90 | a vehicle whereby property owners who will benefit directly from | ||
| 91 | the results of such a program will bear the substantial cost | ||
| 92 | thereof and thereby local problems may be solved on the local | ||
| 93 | level through the use of machinery provided by local government. | ||
| 94 | (2) The Legislature hereby finds and declares that among | ||
| 95 | the many causes of such commercial blight in the downtown area | ||
| 96 | are the following: automobile traffic flow is strangled by | ||
| 97 | outmoded street patterns, proliferation of uncoordinated uses | ||
| 98 | and parking areas, unsuitable topography, faulty lot layouts, | ||
| 99 | fragmentation of land uses and parking areas necessitating | ||
| 100 | frequent automobile movement, lack of separation of pedestrian | ||
| 101 | areas from auto traffic, lack of separation of vehicle traffic | ||
| 102 | lanes and railroad traffic, air pollution, and excessive noise | ||
| 103 | levels from strangled auto traffic. Voluntary cooperation for | ||
| 104 | coordinated development has limitations because of fragmentary | ||
| 105 | ownership, distant absentee ownership and unusual conditions of | ||
| 106 | title, and other conditions. | ||
| 107 | (3) The downtown area is plagued with vacant and | ||
| 108 | deteriorating buildings which are neglected and produce a | ||
| 109 | depressing atmosphere. Many businesses of all types have left | ||
| 110 | the area for new locations in suburban shopping centers and few | ||
| 111 | businesses have entered to take their places. The oldest | ||
| 112 | commercial structures in the city are in this area and some are | ||
| 113 | obsolete, of inferior construction, and incompatible with modern | ||
| 114 | functional design as is featured in competitive shopping | ||
| 115 | centers. | ||
| 116 | (4) The area now has few residences and many of the | ||
| 117 | residences which do exist are undersized and of inferior | ||
| 118 | construction which would not be permitted for new construction | ||
| 119 | under the city’s building code. It is in some instances a proper | ||
| 120 | function of government to remove blight and blighting influences | ||
| 121 | from commercial areas. The police power may be inadequate to | ||
| 122 | accomplish this purpose. One effective device for removal of the | ||
| 123 | blight of the downtown area is the planning and implementation | ||
| 124 | of planning for appropriate land use, beautification, continuity | ||
| 125 | of planning and aesthetic and technical design concepts, and | ||
| 126 | removal of deteriorated and obsolescent structures. | ||
| 127 | (5) The Legislature further finds and declares that the | ||
| 128 | provisions of this act and the powers afforded to the board are | ||
| 129 | desirable to guide and accomplish the coordinated, balanced, and | ||
| 130 | harmonious development of the downtown area in accordance with | ||
| 131 | existing and future needs; to promote the health, safety, and | ||
| 132 | general welfare of the area and its inhabitants, visitors, | ||
| 133 | property owners, and workers; to establish, maintain, and | ||
| 134 | preserve aesthetic values and preserve and foster the | ||
| 135 | development and display of attractiveness; to prevent | ||
| 136 | overcrowding and congestion; to improve auto traffic and provide | ||
| 137 | pedestrian safety; and to provide a way of life which combines | ||
| 138 | the conveniences and amenities of modern living with the | ||
| 139 | traditions and pleasures of the past. | ||
| 140 | Section 4. Downtown area description.--The downtown area | ||
| 141 | includes the central business district and its environs, being | ||
| 142 | all lands lying within boundaries described by the city | ||
| 143 | commission as follows: | ||
| 144 | Commence at the centerline of the intersection of | ||
| 145 | Pensacola and Bronough Streets; thence continue | ||
| 146 | North along the center line of Bronough Street to | ||
| 147 | the centerline of Call Street; thence East along | ||
| 148 | the centerline of Call Street to the centerline of | ||
| 149 | Duval Street; thence North along the centerline of | ||
| 150 | Duval Street to the centerline of Tennessee | ||
| 151 | Street; thence East along the centerline of | ||
| 152 | Tennessee Street to the centerline of Gadsden | ||
| 153 | Street; thence South along the centerline of | ||
| 154 | Gadsden Street to the centerline of Pensacola | ||
| 155 | Street; thence West along the centerline of | ||
| 156 | Pensacola Street to the centerline of Monroe | ||
| 157 | Street; thence North along the centerline of | ||
| 158 | Monroe Street to the intersection of an extension | ||
| 159 | of the centerline of Jefferson Street; thence West | ||
| 160 | along the centerline of Jefferson Street to the | ||
| 161 | centerline of Adams Street; thence South along the | ||
| 162 | centerline of Adams Street to the intersection of | ||
| 163 | an extension of the centerline of Pensacola | ||
| 164 | Street; thence West along the centerline of | ||
| 165 | Pensacola Street to the point of beginning. | ||
| 166 | The city commission may, from time to time, by the procedure | ||
| 167 | herein provided, alter or amend the boundaries of the downtown | ||
| 168 | area by the inclusion of additional territory or the exclusion | ||
| 169 | of lands from the limits of the district; provided, however, | ||
| 170 | that no real property included within the boundaries of the | ||
| 171 | downtown area as established herein shall be removed from said | ||
| 172 | area without the consent of the freeholders as provided in | ||
| 173 | section 13 hereinafter. | ||
| 174 | Section 5. Creation of the board, composition, and | ||
| 175 | provisions relating to members.--There is hereby created a board | ||
| 176 | composed of eight (8) members to be known officially as the | ||
| 177 | “Tallahassee downtown improvement authority.” It is hereby | ||
| 178 | constituted a body corporate and an agency of the city, and | ||
| 179 | performance by the board of its duties and exercise of its | ||
| 180 | powers are hereby designated municipal functions and shall be so | ||
| 181 | construed. | ||
| 182 | (1) The mayor shall appoint the members of the board, with | ||
| 183 | the concurrence of the city commission, and by majority vote of | ||
| 184 | its entire membership the city commission may remove a member of | ||
| 185 | the board for cause. A member of both the city and county | ||
| 186 | commissions, appointed by the mayor and chair respectively, | ||
| 187 | shall serve as ex officio members of the board. A representative | ||
| 188 | of the city-county planning department, designated by the | ||
| 189 | executive head of the planning department, shall also serve as | ||
| 190 | an ex officio member of the board. | ||
| 191 | (2) Of the initial members, one (1) shall be appointed for | ||
| 192 | a term expiring July 1, 1972, two (2) for terms expiring July 1, | ||
| 193 | 1973, and two (2) for terms expiring July 1, 1974; and | ||
| 194 | thereafter each succeeding member shall be appointed by the | ||
| 195 | mayor, with the concurrence of the city commission, for a term | ||
| 196 | of three (3) years. Of the additional members, one (1) shall be | ||
| 197 | appointed for a term expiring July 1, 1992; one (1) shall be | ||
| 198 | appointed for a term expiring July 1, 1993; and one (1) shall be | ||
| 199 | appointed for a term expiring July 1, 1994; and thereafter each | ||
| 200 | succeeding member shall be appointed by the mayor, with the | ||
| 201 | concurrence of the city commission, for a term of three (3) | ||
| 202 | years. | ||
| 203 | (3) To qualify for appointment to the board and to remain | ||
| 204 | qualified for service on it, a prospective member or a member | ||
| 205 | already appointed shall be an owner of realty within the | ||
| 206 | downtown area, subject to ad valorem taxation, a lessee thereof | ||
| 207 | required by lease to pay taxes thereon, or a director, officer, | ||
| 208 | or managing agent of an owner or of a lessee thereof so required | ||
| 209 | to pay taxes thereon, but no two (2) shall be affiliates of the | ||
| 210 | same corporation, partnership, or other business entity, nor | ||
| 211 | shall any member be serving as a city officer or employee. | ||
| 212 | (4) Vacancy in office, which shall be filled in the manner | ||
| 213 | hereinabove provided within thirty (30) days of its occurrence | ||
| 214 | for the remainder of the unexpired term, shall occur whenever a | ||
| 215 | member is removed from office, becomes disqualified, or is | ||
| 216 | otherwise unable to serve or resigns. | ||
| 217 | (5) Each member of the board shall serve without | ||
| 218 | compensation for services rendered as a member, but may be | ||
| 219 | reimbursed by the board for necessary and reasonable expenses | ||
| 220 | actually incurred in the performance of duty. The board may | ||
| 221 | require that all its members or any or all its officers or | ||
| 222 | employees be required to post bond for faithful performances of | ||
| 223 | duty; the board shall require such bond of all persons | ||
| 224 | authorized to sign on accounts of the board; and the board shall | ||
| 225 | pay bonding costs. No member of the board shall be personally | ||
| 226 | liable for any action taken in attempting in good faith to | ||
| 227 | perform his or her duty, or for a decision not to act, except in | ||
| 228 | instances of fraud or willful neglect of duty. | ||
| 229 | Section 6. Board bylaws and internal governance.--The | ||
| 230 | board shall formulate and may amend its own rules of procedure | ||
| 231 | and written bylaws not inconsistent herewith, and such rules of | ||
| 232 | procedure and written bylaws, and amendments thereto, shall not | ||
| 233 | become effective until approved by the city commission. A | ||
| 234 | majority of its entire membership shall constitute a quorum for | ||
| 235 | the transaction of business, but fewer than a quorum may adjourn | ||
| 236 | from time to time and may compel the attendance of absent | ||
| 237 | members. All action shall be taken by vote of at least a | ||
| 238 | majority present and voting. The board shall select one (1) of | ||
| 239 | its members as chair and another as vice chair and shall | ||
| 240 | prescribe their duties, powers, and terms of serving. It shall | ||
| 241 | hold regular meetings at least once a month and shall provide in | ||
| 242 | its bylaws for holding special meetings. All meetings shall be | ||
| 243 | given public notice and shall be open to the public. In time for | ||
| 244 | submission to the governing body as required of all departments | ||
| 245 | of the city, the board shall prepare and submit for the approval | ||
| 246 | of the board a budget for the operation of the board for the | ||
| 247 | ensuing fiscal year, the same to conform to the fiscal year of | ||
| 248 | the city. The budget shall be prepared in the manner and contain | ||
| 249 | the information required of all departments. However, when | ||
| 250 | approved by the city commission, it shall not require approval | ||
| 251 | of any officer or body of the city other than the governing | ||
| 252 | body. No funds of the city may be included in the budget of the | ||
| 253 | board except those funds herein authorized and the board shall | ||
| 254 | not expend any funds other than those authorized by the approved | ||
| 255 | budget. | ||
| 256 | Section 7. Functions of the board.--The board shall | ||
| 257 | perform the following functions: | ||
| 258 | (1) Prepare and maintain on a current basis an analysis of | ||
| 259 | the economic conditions and changes occurring in the downtown | ||
| 260 | area, including the effect thereon of such factors as | ||
| 261 | metropolitan growth, traffic congestion, lack of adequate | ||
| 262 | parking and other access facilities, and structural obsolence | ||
| 263 | and deterioration. | ||
| 264 | (2) Formulate and maintain on a current basis both short- | ||
| 265 | range and long-range plans for improving the attractiveness and | ||
| 266 | accessibility to the public of downtown facilities, promoting | ||
| 267 | efficient use thereof, remedying the deterioration of downtown | ||
| 268 | property values, and developing the downtown area. | ||
| 269 | (3) Recommend to the city council for its consideration | ||
| 270 | and approval the actions deemed most suitable for implementing | ||
| 271 | the said downtown development plans, including removal, razing, | ||
| 272 | repair, renovation, reconstruction, remodeling, and improvement | ||
| 273 | of existing structures, addition of new structures and | ||
| 274 | facilities, relocation of those existing, and changes in | ||
| 275 | facilities for getting thereto and therefrom. | ||
| 276 | (4) Participate actively in the implementation and | ||
| 277 | execution of approved downtown development plans, including | ||
| 278 | establishment, acquisition, construction, ownership, financing, | ||
| 279 | leasing, licensing, operation, and management of publicly owned | ||
| 280 | or leased facilities deemed feasible and beneficial in effecting | ||
| 281 | implementation for public purposes, but this subsection shall | ||
| 282 | not give the board any power or control over any city property | ||
| 283 | unless and until assigned to it by the city commission under the | ||
| 284 | provisions of subsection (5) of this section. | ||
| 285 | (5) Carry on all other projects and undertakings | ||
| 286 | authorized by law and within the limits of the powers granted to | ||
| 287 | it by law, and such additional lawful projects and undertakings | ||
| 288 | related to the downtown area as the city commission may assign | ||
| 289 | to the board with its consent. | ||
| 290 | Section 8. Powers of the board.--In the performance of the | ||
| 291 | functions vested in or assigned to the board, it is hereby | ||
| 292 | granted the following powers: | ||
| 293 | (1) To enter into contracts and agreements, and to sue and | ||
| 294 | to be sued as a body corporate; | ||
| 295 | (2) To have and use a corporate seal; | ||
| 296 | (3) To acquire, own, convey, or otherwise dispose of, | ||
| 297 | lease as lessor or lessee; construct, maintain, improve, | ||
| 298 | enlarge, raze, relocate, operate, and manage property and | ||
| 299 | facilities of whatever type to which it holds title; and to | ||
| 300 | grant and acquire licenses, easements, and options with respect | ||
| 301 | thereto. However, any property owned by the board will be | ||
| 302 | subject to the applicable state and local taxes imposed thereon; | ||
| 303 | (4) To accept grants and donations of any type of | ||
| 304 | property, labor, or other thing of value from any public or | ||
| 305 | private source; | ||
| 306 | (5) To receive the proceeds of the tax hereby imposed upon | ||
| 307 | it by trusts or other agreements validly entered into by it; | ||
| 308 | (6) To have exclusive control of funds legally available | ||
| 309 | to it, subject to limitations imposed upon it by law or by any | ||
| 310 | agreement validly entered into by it; | ||
| 311 | (7) To cooperate and enter into agreements with other | ||
| 312 | governmental agencies or other public bodies; | ||
| 313 | (8) To make to or receive from the city or Leon County | ||
| 314 | conveyances, leaseholds, grants, contributions, loans, and other | ||
| 315 | rights and privileges; | ||
| 316 | (9) To request by resolution that the city exercise its | ||
| 317 | powers of eminent domain to acquire any real property for public | ||
| 318 | purposes. If the property involved is acquired, the board shall | ||
| 319 | take over and assume control of such property on terms mutually | ||
| 320 | agreed upon between the city and the board, but the board shall | ||
| 321 | not thereafter be authorized to sell, lease, or otherwise | ||
| 322 | dispose of such property so acquired without the formal consent | ||
| 323 | of the city council; | ||
| 324 | (10) To issue and sell revenue certificates as hereinafter | ||
| 325 | provided, or in any other manner permitted by law and not | ||
| 326 | inconsistent with the provisions hereof, and to take all steps | ||
| 327 | necessary for efficient preparation and marketing of the | ||
| 328 | certificates at public or private sale at the best price | ||
| 329 | obtainable, including the entry into agreements with corporate | ||
| 330 | trustees, underwriters, and the holders of certificates, and the | ||
| 331 | employment and payment, as a necessary expense of issuance, for | ||
| 332 | the service of consultants on valuations, costs, and feasibility | ||
| 333 | of undertaking, revenues to be anticipated and other financial | ||
| 334 | matters, architecture, engineering, legal matters, accounting | ||
| 335 | matters, and any other fields in which expert advice may be | ||
| 336 | needed to effectuate advantageous issuance and marketing; | ||
| 337 | (11) To fix, regulate, and collect rents, fees, rates, and | ||
| 338 | charges for facilities or projects or any parts thereof or | ||
| 339 | services furnished by it or under its control and to pledge the | ||
| 340 | revenue to the payment of revenue certificates issued by it; | ||
| 341 | (12) To borrow money after approval of the city commission | ||
| 342 | on its unsecured notes, for a period not exceeding nine (9) | ||
| 343 | months, in an aggregate amount for all outstanding unsecured | ||
| 344 | notes not exceeding fifty (50%) percent of the unpledged | ||
| 345 | proceeds received during the immediately prior fiscal year from | ||
| 346 | the tax hereby imposed, and at an annual rate of interest not | ||
| 347 | exceeding the rate being charged at the time of the loan by | ||
| 348 | banks in the city on unsecured short-term loans to local | ||
| 349 | businesses; | ||
| 350 | (13) To acquire by rental or otherwise and to equip and | ||
| 351 | maintain a principal office for the conduct of its business and | ||
| 352 | such branch offices as may be necessary; | ||
| 353 | (14) To employ and prescribe the duties, authority, | ||
| 354 | compensation not to exceed the highest salary paid to other non- | ||
| 355 | elective city employees, and reimbursement of expenses of the | ||
| 356 | executive director of the board, who shall act as its chief | ||
| 357 | executive officer; a general counsel, who shall be an attorney | ||
| 358 | in active Florida practice and so engaged at the time of | ||
| 359 | appointment; and such other personnel as may be necessary from | ||
| 360 | time to time; provided, its personnel shall not be under civil | ||
| 361 | service regulations, shall be employed to serve at its pleasure, | ||
| 362 | and with the exception of its secretary, shall not while | ||
| 363 | employed by it serve as a member of the board; | ||
| 364 | (15) To exercise all powers incidental to the effective | ||
| 365 | and expedient exercises of the foregoing powers to the extent | ||
| 366 | not in conflict herewith or inconsistent herewith; and | ||
| 367 | (16) To establish development and taxing subdistricts | ||
| 368 | within the downtown area for sectional development in accordance | ||
| 369 | with the comprehensive plan; taxes acquired from said | ||
| 370 | subdistricts to be utilized solely within the subdistrict area, | ||
| 371 | said area not to be less than one (1) city block in size; | ||
| 372 | provided, however, that no subdistrict shall be established nor | ||
| 373 | any tax imposed without the written approval of the freeholders | ||
| 374 | located therein. No limitation shall be placed on the amount of | ||
| 375 | the taxes imposed under this subsection, said taxes to be levied | ||
| 376 | only on the real property within the subdistrict area. | ||
| 377 | Section 9. Levy of ad valorem tax.--For the fiscal year of | ||
| 378 | the board beginning with the calendar year 1971, and for each | ||
| 379 | fiscal year thereafter, an ad valorem tax in addition to all | ||
| 380 | other ad valorem taxes may be levied annually by the city | ||
| 381 | commission upon request of the board for the purposes of | ||
| 382 | financing the operation of the board on all property in the | ||
| 383 | downtown area that is subject to ad valorem taxation for city | ||
| 384 | operating expenses. The tax base shall be the assessed valuation | ||
| 385 | made annually by the appropriate tax assessor. The rate shall | ||
| 386 | not exceed one (1) mill on each dollar of tax base in 1971 and | ||
| 387 | each year thereafter. The city tax collector shall collect the | ||
| 388 | tax when and in the same manner in which he or she collects the | ||
| 389 | city ad valorem taxes, with the same discounts for early | ||
| 390 | payment, and shall pay the proceeds into the city treasury for | ||
| 391 | the account of the board. For the purpose of this legislation, | ||
| 392 | the downtown area shall constitute a special taxing district to | ||
| 393 | be administered as such. | ||
| 394 | Section 10. Board records and fiscal management.--The | ||
| 395 | fiscal year of the board shall coincide with that of the city. | ||
| 396 | (1) All funds of the board shall be received, held, and | ||
| 397 | secured like other public funds by the appropriate fiscal | ||
| 398 | officers of the city. The funds of the board shall be maintained | ||
| 399 | under a separate account, shall be used for purposes herein | ||
| 400 | authorized, and shall be disbursed only by direction of or with | ||
| 401 | the approval of the board pursuant to requisitions signed by the | ||
| 402 | director or other designated chief fiscal officer of the board | ||
| 403 | and countersigned by at least one (1) other person who shall be | ||
| 404 | a member of the board. | ||
| 405 | (2) The board bylaws shall provide for maintenance of | ||
| 406 | minutes and other official records of its proceedings and | ||
| 407 | actions, for preparation and adoption of an annual budget for | ||
| 408 | each ensuing fiscal year, for internal supervision and control | ||
| 409 | of its accounts, which function the appropriate city fiscal | ||
| 410 | officers may perform at its request, and for an external audit | ||
| 411 | at least annually by an independent certified accountant who has | ||
| 412 | no personal interest, direct or indirect, in its fiscal affairs. | ||
| 413 | A copy of the external audit shall be filed with the city clerk | ||
| 414 | within ninety (90) days after the end of each fiscal year. The | ||
| 415 | bylaws shall specify the means by which each of these functions | ||
| 416 | is to be performed, and, as to those functions assigned to board | ||
| 417 | personnel, the manner and schedule of performance. | ||
| 418 | (3) No member or employee of the board shall participate | ||
| 419 | by vote or otherwise on behalf of the board in any matter in | ||
| 420 | which he or she has a direct financial interest or an indirect | ||
| 421 | financial interest other than of the benefits to be derived | ||
| 422 | generally from the development of the downtown area. | ||
| 423 | Participation with knowledge of such interest shall constitute | ||
| 424 | malfeasance and shall result, as regards a member, in automatic | ||
| 425 | forfeiture of office, or as regards an employee, in prompt | ||
| 426 | dismissal. | ||
| 427 | Section 11. Provisions governing issuance of | ||
| 428 | certificate.--Issuance of revenue certificates by the board | ||
| 429 | shall be governed by the following general provisions: | ||
| 430 | (1) Revenue certificates for purposes thereof are limited | ||
| 431 | to obligations that are secured solely by pledge of revenues | ||
| 432 | produced by the facility or facilities for the benefit of which | ||
| 433 | the certificates are issued and the sale proceeds used, that do | ||
| 434 | not constitute a lien or encumbrance legal or equitable, on any | ||
| 435 | real property of the board or on any of its personal property | ||
| 436 | other than the revenues pledged to secure payment of the | ||
| 437 | certificates. | ||
| 438 | (2) The faith and credit of the city shall not be pledged | ||
| 439 | and the city shall not be obligated directly or indirectly to | ||
| 440 | make any payments on or appropriate any funds for certificates | ||
| 441 | issued by the board. | ||
| 442 | (3) The rate or rates of interest and the sale price of | ||
| 443 | the certificates by the board shall be such that the true | ||
| 444 | interest cost to it on the proceeds received from the sale shall | ||
| 445 | not exceed the rate authorized by law for the city. | ||
| 446 | (4) Before issuing any revenue certificates the board | ||
| 447 | shall as to each issue: | ||
| 448 | (a) Prepare or procure from a reputable source detailed | ||
| 449 | estimates of the total cost of the undertaking for which the | ||
| 450 | certificates are contemplated and of the annual revenues to be | ||
| 451 | obtained therefrom and pledged as security for payment of the | ||
| 452 | certificates; | ||
| 453 | (b) Determine that the anticipated net proceeds from the | ||
| 454 | sale, together with any other funds available and intended for | ||
| 455 | the purposes of the issue, will be sufficient to cover all costs | ||
| 456 | of the undertaking and of preparing and marketing the issues or | ||
| 457 | connected therewith; | ||
| 458 | (c) Determine that the annual revenues anticipated from | ||
| 459 | the undertaking will be sufficient to pay the estimated cost of | ||
| 460 | maintaining, repairing, operating, and replacing, to any | ||
| 461 | necessary extent, not only the undertaking but also the punctual | ||
| 462 | payment of the principal of, and interest on, the contemplated | ||
| 463 | certificates; and | ||
| 464 | (d) Specify these determinations in and include the | ||
| 465 | supporting estimates as parts of the resolution providing for | ||
| 466 | the issue. | ||
| 467 | (5) The board may, as to any issue of revenue | ||
| 468 | certificates, engage the services of a corporate trustee for the | ||
| 469 | issue and may treat any or all costs of carrying out the trust | ||
| 470 | agreement as part of the operating costs of the undertaking for | ||
| 471 | which the certificates are issued. | ||
| 472 | (6) The board shall from time to time establish such | ||
| 473 | rentals, rates, and charges, or shall by agreement maintain such | ||
| 474 | control thereof, as to meet punctually all payments on the | ||
| 475 | undertaking and its maintenance and repair, including reserves | ||
| 476 | therefor and for depreciation and replacement. | ||
| 477 | (7) Revenue certificates may be issued for the purposes of | ||
| 478 | funding, refunding, or both. | ||
| 479 | (8) All revenue certificates issued pursuant hereto shall | ||
| 480 | be negotiable instruments for all purposes. | ||
| 481 | Section 12. Transfer upon cessation of the board.--Should | ||
| 482 | the board cease to exist or to operate for whatever reason, all | ||
| 483 | property of whatever kind shall forthwith become property of the | ||
| 484 | city, subject to the outstanding obligations of the board | ||
| 485 | incurred in conformity with all of the foregoing provisions, and | ||
| 486 | the city shall use this property to maximum extent then | ||
| 487 | practicable for effectuating the purposes hereof and shall | ||
| 488 | succeed to and exercise only such powers of the board as shall | ||
| 489 | be necessary to meet outstanding obligations of the board and | ||
| 490 | effect an orderly cessation of its powers and functions. | ||
| 491 | Section 13. Freeholder’s referendum.--No powers shall be | ||
| 492 | exercised by the board, nor shall any special taxing district be | ||
| 493 | established, until such time as the freeholders not wholly | ||
| 494 | exempt in the downtown area approve of this act in accordance | ||
| 495 | with the referendum provisions provided herein below: | ||
| 496 | (1) Election supervisor.--For the purpose of this | ||
| 497 | referendum, the city clerk shall act as elections supervisor and | ||
| 498 | do all things necessary to carry out the provisions of this | ||
| 499 | section. | ||
| 500 | (2) Registration.--Within forty-five (45) days from the | ||
| 501 | date the city adopts the ordinance defining the downtown area, | ||
| 502 | the clerk shall compile a list of the names and last known | ||
| 503 | addresses of the freeholders in the downtown area from the tax | ||
| 504 | assessment roll of the City of Tallahassee applicable as of the | ||
| 505 | thirty-first day of December in the year immediately preceding | ||
| 506 | the year in which the aforesaid ordinance was adopted and the | ||
| 507 | same shall constitute the registration list for the purposes of | ||
| 508 | the freeholders’ referendum hereunder, except as hereinafter | ||
| 509 | provided. | ||
| 510 | (3) Notification.--Within the time period specified in | ||
| 511 | subsection (2) above, the clerk shall notify each freeholder of | ||
| 512 | the general provisions of this act, including the taxing | ||
| 513 | authority and powers of eminent domain, the dates of the | ||
| 514 | upcoming referendum, and the method provided for additional | ||
| 515 | registration should the status of the freeholder have changed | ||
| 516 | since the compilation of the tax rolls. Notification hereunder | ||
| 517 | shall be by U.S. mail and in addition thereto by publication one | ||
| 518 | time in a newspaper of general circulation in Leon County, | ||
| 519 | Florida, within the time period provided in subsection (2) | ||
| 520 | above. | ||
| 521 | (4) Additional registration.--Any freeholder whose name | ||
| 522 | does not appear on the tax rolls may register with the city at | ||
| 523 | the City Hall, Tallahassee, Florida, or by mail in accordance | ||
| 524 | with regulations promulgated by the clerk. The registration | ||
| 525 | lists shall remain open until seventy-five (75) days after the | ||
| 526 | passage of the ordinance defining the downtown area by the city | ||
| 527 | council. | ||
| 528 | (5) Voting.--Within fifteen (15) days after the closing of | ||
| 529 | the registration list, the clerk shall send a ballot to each | ||
| 530 | registered freeholder at his or her last known mailing address | ||
| 531 | by registered U.S. mail. Said ballot shall include a description | ||
| 532 | of the general provisions of this act, the assessed value of the | ||
| 533 | freeholders’ property, and the percent of his or her interest | ||
| 534 | therein. Ballots shall be returned to the city clerk by U.S. | ||
| 535 | mail or personal delivery at City Hall. All ballots received by | ||
| 536 | the clerk within one-hundred-twenty (120) days after the passage | ||
| 537 | of the ordinance defining the downtown area shall be tabulated | ||
| 538 | by the clerk, who shall certify the results thereof to the city | ||
| 539 | council no later than five (5) days after said one-hundred- | ||
| 540 | twenty (120) day period. Any person voting on behalf of himself | ||
| 541 | or herself or any corporation, trust, partnership, or estate, | ||
| 542 | who has knowledge that he or she is not a freeholder as defined | ||
| 543 | by this act, shall be guilty of perjury and shall be prosecuted | ||
| 544 | and upon conviction, punished in accordance with the provisions | ||
| 545 | of the laws of this state. | ||
| 546 | (6) Passage of the act.--The freeholders shall be deemed | ||
| 547 | to have approved of the provisions of this act at such time as | ||
| 548 | the clerk certifies to the city commission that approval has | ||
| 549 | been given by the freeholders representing in excess of fifty | ||
| 550 | (50%) percent of the assessed value of the property within the | ||
| 551 | downtown area. | ||
| 552 | (7) For the purpose of this act, each vote shall be | ||
| 553 | weighed according to the assessed valuation of property owned by | ||
| 554 | each individual, estate, trust, partnership, or corporation. | ||
| 555 | Joint and several owners of property shall each be allowed to | ||
| 556 | cast one (1) ballot, but each shall be marked with the | ||
| 557 | percentage of their interest therein and said ballots shall not | ||
| 558 | be tabulated in excess of the total assessed value of the | ||
| 559 | jointly held property. | ||
| 560 | (8) Should the freeholders fail to approve of the | ||
| 561 | provisions of this act as provided herein, the city may call one | ||
| 562 | (1) additional referendum by resolution of the city commission | ||
| 563 | at any time after one (1) year from the certification of the | ||
| 564 | results of the previous referendum by the clerk. The additional | ||
| 565 | referendum shall be held in accordance with the provisions of | ||
| 566 | this section, save and except that all time periods will be | ||
| 567 | computed from the date of the resolution calling for the | ||
| 568 | referendum and not from the passage of the ordinance defining | ||
| 569 | the downtown area. Should the freeholders fail to initially | ||
| 570 | approve this act as provided herein after two (2) such | ||
| 571 | referenda, all provisions of this act shall be null and void, | ||
| 572 | and this act shall be repealed. | ||
| 573 | (9) Additional freeholders’ elections called after | ||
| 574 | increasing or decreasing the boundaries of the downtown area in | ||
| 575 | accordance with section 4 of this act, shall be held in | ||
| 576 | accordance with the referendum provisions for initial approval | ||
| 577 | of this act; provided, however, that no provision of this act | ||
| 578 | shall require the approval of freeholders in an area which has | ||
| 579 | previously been approved of the provisions of this act by any | ||
| 580 | referendum held hereunder. | ||
| 581 | (10) A repeal of referendum may be called by petition of | ||
| 582 | freeholders representing at least twenty (20%) percent of the | ||
| 583 | assessed value of the property in the downtown area, for the | ||
| 584 | purpose of abolishing the board and repealing this act. Upon | ||
| 585 | receipt of such a petition for a repeal referendum by the city | ||
| 586 | clerk, a freeholders’ referendum election shall be called by the | ||
| 587 | city. The procedure shall be the same as provided for the | ||
| 588 | initial approval of this act, except that additional repeal | ||
| 589 | referenda may be petitioned at any time after one (1) year from | ||
| 590 | the certification of the results of a previous repeal referendum | ||
| 591 | by the clerk. The proposition shall be put on a ballot | ||
| 592 | permitting a vote for repeal of the Tallahassee downtown | ||
| 593 | development board or against repeal. A vote for repeal of the | ||
| 594 | board by the freeholders representing more than fifty (50%) | ||
| 595 | percent of the assessed value of the property of the freeholders | ||
| 596 | voting in the repeal referendum, shall cause immediate cessation | ||
| 597 | of the Tallahassee downtown development board and shall | ||
| 598 | constitute repeal of this act. | ||
| 599 | Section 14. City and county authority.--The city and Leon | ||
| 600 | County are hereby authorized to furnish personnel, services, and | ||
| 601 | material to the board without reimbursement therefore, to | ||
| 602 | specifically include the services of the Tallahassee-Leon County | ||
| 603 | planning department and the city attorney. | ||
| 604 | Section 15. Liberal construction and severability.--The | ||
| 605 | provisions of this act, being desirable for the welfare of the | ||
| 606 | city and its inhabitants, shall be liberally construed to | ||
| 607 | effectuate the purposes herein set forth. | ||
| 608 | Section 4. Chapters 71-935 and 91-394, Laws of Florida, | ||
| 609 | are repealed. | ||
| 610 | Section 5. This act shall take effect upon becoming a law. | ||