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| 1 | A bill to be entitled | ||
| 2 | An act relating to the Florida State Fair Authority; | ||
| 3 | authorizing the authority to issue revenue bonds for | ||
| 4 | certain property acquisition, project construction, and | ||
| 5 | equipment replacement and renovation purposes; providing | ||
| 6 | for payment of the debt service on such bonds; providing | ||
| 7 | an effective date. | ||
| 8 | |||
| 9 | Be It Enacted by the Legislature of the State of Florida: | ||
| 10 | |||
| 11 | Section 1. Pursuant to s. 11, Art. VII of the State | ||
| 12 | Constitution, the Legislature authorizes the Florida State Fair | ||
| 13 | Authority to issue, pursuant to s. 616.257, Florida Statutes, | ||
| 14 | revenue bonds of not more than $10 million for the purpose of | ||
| 15 | acquiring 2 parcels of real property consisting of approximately | ||
| 16 | 36 acres adjacent to the existing Florida State Fair grounds in | ||
| 17 | Hillsborough County, Florida; constructing a covered horse | ||
| 18 | arena, forestry display, chair barn roof, operations building, | ||
| 19 | campground addition, entry gate, and storage building; paving | ||
| 20 | and other site work; and replacing air-conditioning chillers and | ||
| 21 | other replacements and renovations. The authority shall pay the | ||
| 22 | debt service on such bonds as provided in s. 616.258, Florida | ||
| 23 | Statutes, from rates, fees, rentals, tolls, and other charges | ||
| 24 | for the use of such projects or for the services or facilities | ||
| 25 | furnished thereby. | ||
| 26 | Section 2. This act shall take effect upon becoming a law. | ||