Senate Bill sb3116

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    Florida Senate - 2004        (NP)                      SB 3116

    By Senator Bullard





    39-1544-04                                              See HB

  1                      A bill to be entitled

  2         An act relating to the Florida Keys Aqueduct

  3         Authority, Monroe County; providing for

  4         codification of special laws relating to the

  5         Florida Keys Aqueduct Authority; providing

  6         legislative intent; codifying, repealing,

  7         amending, and reenacting chapters 18530 (1937),

  8         21230 (1941), 21328 (1941), 23277 (1945), 26039

  9         (1949), 27757 (1951), 29297 (1953), 29301

10         (1953), 31010 (1955), 31011 (1955), 31012

11         (1955), 57-1589, 59-1581, 63-1644,

12         63-1648,70-810, 71-778, 75-442, 75-449, 76-441,

13         77-604, 77-605, 80-546, 83-468, 84-483, 84-484,

14         86-419, 87-454, 98-519, 2003-304, and 2003-327,

15         Laws of Florida; providing for liberal

16         construction; providing a savings clause in the

17         event any provision of the act is deemed

18         invalid; providing an effective date.

19  

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

21  

22         Section 1.  Pursuant to section 189.429, Florida

23  Statutes, this act constitutes the codification of all special

24  acts relating to the Florida Keys Aqueduct Authority.  It is

25  the intent of the Legislature in enacting this law to provide

26  a single, comprehensive special act charter for the Authority,

27  including all current legislative authority granted to the

28  Authority by its several legislative enactments and any

29  additional authority granted by this act.  It is further the

30  intent to preserve all Authority powers and authority in the

31  

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  Florida Keys, including the authority to provide water and

 2  wastewater services.

 3         Section 2.  Chapters 18530 (1937), 21230 (1941), 21328

 4  (1941), 23277 (1945), 26039 (1949), 27757 (1951), 29297

 5  (1953), 29301 (1953), 31010 (1955), 31011 (1955), 31012

 6  (1955), 57-1589, 59-1581, 63-1644, 63-1648,70-810, 71-778,

 7  75-442, 75-449,76-441, 77-604, 77-605, 80-546, 83-468, 84-483,

 8  84-484, 86-419, 98-519, 2002-337, 2003-304, and 2003-327, Laws

 9  of Florida, relating to the Florida Keys Aqueduct Authority,

10  are codified, reenacted, amended, and repealed as herein

11  provided.

12         Section 3.  The Florida Keys Aqueduct Authority is

13  re-created and the charter for the Authority is re-created and

14  reenacted to read:

15         Section 1.  Creation of Authority; boundaries

16  defined.--As of September 15, 1976, the Florida Keys Aqueduct

17  Authority, an independent special district, was re-created and

18  thereafter was the successor agency to the Florida Keys

19  Aqueduct Authority which was abolished by chapter 76-441, Laws

20  of Florida.  The Florida Keys Aqueduct Authority is not being

21  re-created by this act or for purposes of section 189.404,

22  Florida Statutes.  The primary purpose and function of this

23  Authority shall be to obtain, supply, and distribute an

24  adequate water supply for the Florida Keys and to collect,

25  treat, and dispose of wastewater in the Florida Keys. The

26  geographic jurisdiction of the Authority shall be as provided

27  in this act. The Florida Keys Aqueduct Authority shall be an

28  autonomous public body corporate and politic and have

29  perpetual existence. All lawful debts, bonds, obligations,

30  contracts, franchises, promissory notes, audits, minutes,

31  resolutions, and other undertakings of the Florida Keys

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  Aqueduct Authority are hereby validated and shall continue to

 2  be valid and binding on the Florida Keys Aqueduct Authority in

 3  accordance with their respective terms, conditions, covenants,

 4  and tenor. Any proceedings heretofore begun by the Florida

 5  Keys Aqueduct Authority for the construction of any

 6  improvements, works, or facilities, for the assessment of

 7  benefits and damages, or for the borrowing of money shall not

 8  be impaired or voided by this act but may be continued and

 9  completed in the name of the Florida Keys Aqueduct Authority.

10  The Authority shall include within its territorial boundaries

11  all of the lands within Monroe County, but may procure water

12  outside its boundaries for sale within said boundaries, and

13  may serve customers residing within 1 mile of its pipeline,

14  from its well field at Florida City in Miami-Dade County to

15  the territorial boundary of the Authority.

16         Section 2.  Applicability of certain provisions of

17  Florida law to the Florida Keys Aqueduct Authority.--This act

18  shall give the Authority exclusive jurisdiction over the

19  setting of rates, fees, and charges of, and the connection to

20  and disconnection from, the water system and the sewer system

21  of the Authority as granted by this act and to this extent

22  shall supersede chapter 367, Florida Statutes. Decisions made

23  by the Florida Keys Aqueduct Authority shall not be subject to

24  the Administrative Procedures Act, chapter 120, Florida

25  Statutes.

26         Section 3.  Definitions.--Unless the context shall

27  indicate otherwise, the following words as used in this act

28  shall have the following meanings:

29         (1)  "Authority" means the Florida Keys Aqueduct

30  Authority hereby constituted or if such Authority shall be

31  abolished, any board, commission, or officer succeeding to the

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  principal functions thereof or upon whom the powers given by

 2  this act to such Authority shall be given by law.

 3         (2)  "Board" means the board of directors of the

 4  Florida Keys Aqueduct Authority or, if such Authority shall be

 5  abolished, the board, body, or commission succeeding to the

 6  principal functions thereof or to whom the powers given by

 7  this act to the board of directors shall be given by law.

 8         (3)  "Department" means the Department of the Navy of

 9  the United States of America.

10         (4)  "Bond" includes certificates, and provisions

11  applicable to bonds shall be equally applicable to

12  certificates. "Bond" includes any obligation in the nature of

13  bonds as are provided for in this act as the case may be.

14         (5)  "Cost" when used with reference to any project

15  includes, but is not limited to, the expenses of determining

16  the feasibility or practicability of acquisition,

17  construction, or reconstruction; the cost of surveys,

18  estimates, plans, and specifications; the cost of acquisition,

19  construction, or reconstruction; the cost of improvements,

20  engineering, fiscal, and legal expenses and charges; the cost

21  of all labor, materials, machinery, and equipment; the cost of

22  all lands, properties, rights, easements, and franchises

23  acquired; federal, state, and local taxes and assessments;

24  financing charges; the creation of initial reserve and debt

25  service funds; working capital; interest charges incurred or

26  estimated to be incurred on moneys borrowed prior to and

27  during construction and acquisition and for such period of

28  time after completion of construction or acquisition as the

29  board of directors may determine; the cost of issuance of

30  bonds pursuant to this act, including advertisements and

31  printing; the cost of any election held pursuant to this act

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  and all other expenses of issuance of bonds; discount, if any,

 2  on the sale or exchange of bonds; administrative expenses;

 3  such other expenses as may be necessary or incidental to the

 4  acquisition, construction, or reconstruction of any projects

 5  or to the financing thereof, or the development of any lands

 6  of the Authority; and reimbursement of any public or private

 7  body, person, firm, or corporation of any moneys advanced in

 8  connection with any of the foregoing items of cost. Any

 9  obligation or expense incurred prior to the issuance of bonds

10  in connection with the acquisition, construction, or

11  reconstruction of any project or improvements thereon, or in

12  connection with any other development of land that the board

13  of directors of the Authority shall determine to be necessary

14  or desirable in carrying out the purposes of this act, may be

15  treated as part of such cost.

16         (6)  "Project" means any development, improvements,

17  property, utility, facility, works, enterprise, service, or

18  convenience that the Authority is authorized to construct,

19  acquire, undertake, or furnish for its own use or for the use

20  of any person, firm, or corporation owning, leasing, or

21  otherwise using the same for any profit or nonprofit purpose

22  or activity and shall include without limitation such repairs,

23  replacements, additions, extensions, and betterments of and to

24  any project as may be deemed necessary or desirable by the

25  board of directors to place or to maintain such project in

26  proper condition for the safe, efficient, and economic

27  operation thereof.

28         (7)  "Water system" means any existing or proposed

29  plant, system, facility, or property and additions,

30  extensions, and improvements thereto at any future time

31  constructed or acquired as part thereof, useful or necessary

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  or having the present capacity for future use in connection

 2  with the development of sources, treatment, desalination, or

 3  purification and distribution of water for public or private

 4  use and, without limiting the generality of the foregoing,

 5  includes dams, reservoirs, storage tanks, mains, lines,

 6  valves, pumping stations, laterals, and pipes for the purpose

 7  of carrying water to the premises connected with such system,

 8  and all real and personal property and any interests therein,

 9  rights, easements, and franchises of any nature whatsoever

10  relating to any such system and necessary or convenient for

11  the operation thereof. It shall embrace wells for supplying

12  water located or to be located on the Florida mainland,

13  including a pipeline or aqueduct from such wells to a point at

14  or near the City of Key West, and shall include the water

15  distribution system acquired by the Authority from the City of

16  Key West, and any interest the Authority may have in and to

17  the water supply system or any part thereof by contract with

18  the department.

19         (8)  "Sewer system" means any plant, system, facility,

20  or property and additions, extensions, and improvements

21  thereto at any future time constructed or acquired as part

22  thereof, useful or necessary or having the present capacity

23  for future use in connection with the collection, treatment,

24  purification, or disposal of sewage, including, without

25  limitation, industrial wastes resulting from any processes of

26  industry, manufacture, trade, or business or from the

27  development of any natural resources, and, without limiting

28  the generality of the foregoing, shall include treatment

29  plants, pumping stations, lift stations, valve, force mains,

30  intercepting sewers, laterals, pressure lines, mains, and all

31  necessary appurtenances and equipment, all sewer mains,

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  laterals, and other devices for the reception and collection

 2  of sewage from premises connected therewith, and all real and

 3  personal property and any interest therein, rights, easements,

 4  and franchises of any nature whatsoever relating to any such

 5  system and necessary or convenient for the operation thereof.

 6  The terms "wastewater" and "wastewater system" shall be

 7  construed as synonymous with the terms "sewer" and "sewer

 8  system" for all purposes under this act.

 9         Section 4.  Board of directors; organization;

10  qualification; term of office; quorum.--The Board of Directors

11  of the Florida Keys Aqueduct Authority shall be the governing

12  body of the Authority and shall, subject to the provisions of

13  this act, exercise the powers granted to the Authority under

14  this act. The board of directors shall consist of five members

15  appointed by the Governor who shall each represent one of five

16  districts which shall be conterminous with the districts of

17  the Board of County Commissioners of Monroe County. Each

18  member of the board of directors shall be a registered elector

19  within Monroe County and shall have been a resident of the

20  district for 6 months prior to the date of his or her

21  appointment. The members shall be appointed by the Governor

22  for terms of 4 years each, except that any appointment to fill

23  a vacancy shall be for the unexpired portion of the term. The

24  board shall elect any one of its members as chair and shall

25  also elect any one of its members as secretary-treasurer. A

26  majority of the members of the board shall constitute a

27  quorum. No vacancy in the board shall impair the right of a

28  quorum to exercise all the rights and perform all of the

29  duties of the board. All members of the board shall be

30  required to be bonded. Any vacancy occurring on the board

31  

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  shall be filled by appointment by the Governor for the

 2  duration of the unexpired term.

 3         Section 5.  Records of board of directors.--The board

 4  of directors shall keep a permanent record book entitled

 5  "Record of Governing Board of Florida Keys Aqueduct Authority"

 6  in which shall be recorded minutes of all meetings,

 7  resolutions, proceedings, certificates, and bonds given by

 8  employees and any and all acts, which book shall at reasonable

 9  times be open to public inspection. Such record book shall be

10  kept at an office or other regular place of business

11  maintained by the board of directors in Monroe County. The

12  board shall keep a current inventory of all real and tangible

13  personal property owned or leased by the Authority in the

14  above referenced record book.

15         Section 6.  Compensation of the board.--Each member

16  shall be entitled to receive for such services a fee of $337

17  per meeting, not to exceed 3 meetings per month. In addition,

18  each board member shall receive reasonable expenses which

19  shall not be in excess of the amounts provided by law for

20  state and county officials in chapter 112, Florida Statutes.

21  The compensation amount for the members of the board provided

22  for in this section shall be adjusted annually based upon the

23  index provided for pursuant to section 287.017(2), Florida

24  Statutes.

25         Section 7.  Bonds; depositories; fiscal agent;

26  budget.--

27         (1)  Each member of the board of directors shall

28  execute a bond to the Governor in the amount of $10,000 with a

29  qualified surety to secure his or her faithful performance of

30  his or her powers and duties. The board of directors shall

31  require a certified audit of the books of the Authority at

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  least once a year at the expense of the Authority. Such audit

 2  shall be available for public inspection and a notice of the

 3  availability of the audit shall be published in a newspaper

 4  published in Monroe County at least once within 6 months after

 5  the end of each fiscal year. The legislative auditor may audit

 6  the Authority at any time.

 7         (2)  The board of directors is authorized to select

 8  depositories in which the funds of the board and of the

 9  Authority shall be deposited. Any banking corporation

10  organized under the laws of the state or under the National

11  Banking Act doing business in the state upon such terms and

12  conditions as to the payment of interest by such depository

13  upon the funds so deposited as the board may deem just and

14  reasonable.

15         (3)  The board of directors may employ a fiscal agent

16  who shall be either a resident of the state or a corporation

17  organized under the laws of this or any other state and who

18  shall assist in the keeping of the books, the collection of

19  fees, and the remitting of funds to pay maturing bonds and

20  coupons and perform such other or additional services and

21  duties as fiscal agent and receive such compensation as the

22  board of directors may determine.

23         (4)  The board of directors shall cause a copy of the

24  proposed budget of the Authority to be published in a

25  newspaper published in Monroe County at least once not later

26  than 60 days prior to the date the fiscal year begins. The

27  board shall hold a public hearing and adopt such budget at

28  least 30 days prior to such date.

29         Section 8.  Powers and duties of the board of

30  directors.--Except as otherwise provided in this act, all of

31  the powers and duties of the Authority shall be exercised by

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  and through the board of directors. Without limiting the

 2  generality of the foregoing, the board shall have the power

 3  and authority to:

 4         (1)  Employ engineers, contractors, consultants,

 5  attorneys, auditors, agents, employees, and representatives,

 6  as the board of directors may from time to time determine, on

 7  such terms and conditions as the board of directors may

 8  approve, and fix their compensation and duties.

 9         (2)  Maintain an office at such place or places as it

10  may designate.

11         (3)  Enter or direct entry upon any lands, premises,

12  waters, or other property subject to the requirements of due

13  process as to privately owned property.

14         (4)  Execute all contracts and other documents, adopt

15  all proceedings, and perform all acts determined by the board

16  of directors as necessary or advisable to carry out the

17  purposes of this act. The board may authorize the chair or

18  vice chair to execute contracts and other documents on behalf

19  of the board or the Authority. The board may appoint a person

20  to act as general manager of the Authority having such

21  official title, functions, duties, and powers as the board may

22  prescribe. The general manager shall not be a member of the

23  board.

24         Section 9.  Powers of the Authority.--In addition to

25  and not in limitation of the powers of the Authority, it shall

26  have the following powers:

27         (1)  To sue and be sued by its name in any court of law

28  or in equity.

29         (2)  To adopt and use a corporate seal and to alter the

30  same at pleasure.

31  

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1         (3)  To acquire property, real, personal, or mixed

 2  within or without its territorial limits in fee simple or any

 3  lesser interest or estate by purchase, gift, devise, or lease

 4  on such terms and conditions as the board of directors may

 5  deem necessary or desirable and by condemnation (subject to

 6  limitations herein below). The Authority shall provide

 7  information and assistance to Monroe County for use in

 8  preparing its comprehensive plan with respect to the

 9  availability of water and wastewater facilities. Except in

10  cases of emergency, the purchase of sole source items, or when

11  the board determines that delay would be detrimental to the

12  interests of the Authority, equipment shall be purchased in

13  accordance with part I of chapter 287, Florida Statutes. All

14  provided that the board of directors determines that the use

15  or ownership of such property be necessary in the furtherance

16  of a designated lawful purpose authorized under the provisions

17  of this act. However, the Authority may purchase equipment or

18  material without competitive bid, regardless of price, when

19  the manufacturer of such equipment or material refuses to bid

20  on the equipment or material and the board determines that the

21  public interest would be served and substantial savings would

22  result if the equipment or material were purchased directly

23  from the manufacturer. In all such cases the board shall enter

24  a record of such purchase in the "Record of Governing Board of

25  Florida Keys Aqueduct Authority." The Authority is

26  specifically excluded from the provisions of section

27  253.03(6), Florida Statutes, and has the authority to hold

28  title to property in its own name and to acquire easements or

29  rights-of-way, with or without restrictions, within or without

30  the limits of the Authority. The state may convey to the

31  Authority rights-of-way over any of the lands and structures

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  belonging to the state or any of its agencies for the purpose

 2  of constructing, maintaining, supplying, establishing, and

 3  regulating the works and projects involved in the wastewater

 4  system or the water supply and distribution systems authorized

 5  by this act. To mortgage, hold, manage, control, convey,

 6  lease, sell, grant, or otherwise dispose of the same and any

 7  of the assets and properties of the Authority without regard

 8  to chapter 273, Florida Statutes.

 9         (4)  Whenever deemed necessary or desirable by the

10  board of directors, to lease as lessor or lessee, to or from

11  any person, firm, corporation, association, or body, public or

12  private, any projects of the type that the Authority is

13  authorized to undertake and facilities or property of any

14  nature for the use of the Authority to carry out any of the

15  purposes of the Authority.

16         (5)  The Authority shall in its discretion have the

17  power upon resolution duly passed to insure its property in

18  accordance with the State Risk Management Trust Fund as

19  provided by chapter 284, Florida Statutes.

20         (6)  To exercise within or without the territorial

21  limits of the Authority the right and power of eminent domain

22  in all cases and under all circumstances provided for in

23  chapter 73, Florida Statutes, and amendments thereto. In

24  addition to and not in limitation of the foregoing, the

25  Authority may also exercise the right and power of eminent

26  domain for the purpose of condemning any real, personal, or

27  mixed property, public or private, including, without

28  limitation, the property owned by any political body or

29  municipal corporation which the board of directors shall deem

30  necessary for the use of, construction, or operation of any of

31  the projects of the Authority or otherwise to carry out any of

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  the purposes of the Authority. The power of condemnation shall

 2  be exercised in the same manner as now provided by the general

 3  laws of the state. In any proceeding under this act or under

 4  chapter 73, Florida Statutes, for the taking of property by

 5  eminent domain or condemnation, the board of directors is

 6  authorized to file declaration of taking immediate possession

 7  of the property before the final trial by making deposit as to

 8  value as provided by the general statutes, and shall have all

 9  of the benefits provided by chapters 73 and 74, Florida

10  Statutes, and amendments thereto, or any other statutes of the

11  state which give the right to immediate taking and possession.

12  No public or private body and no agency or authority of the

13  state or any political subdivision thereof shall exercise the

14  power of eminent domain or condemnation with respect to any of

15  the properties, easements, or rights owned by the Authority

16  and lying within the Authority's jurisdiction, except with the

17  concurrence of the board of directors of the Authority which

18  shall not be unreasonably withheld.

19         (7)  To own, acquire, construct, reconstruct, equip,

20  operate, maintain, extend, and improve water systems; to

21  regulate the use of and supply of water including rationing,

22  and regulations to enforce rationing, within the Authority

23  boundaries, and pipes and water mains, conduits or pipelines,

24  in, along, or under any street, alley, highway, or other

25  public places or ways within or without the boundaries of the

26  Authority when deemed necessary or desirable by the board of

27  directors in accomplishing the purposes of this act.

28         (8)  To issue bonds or other obligations authorized by

29  the provisions of this act or any other law or any combination

30  of the foregoing to pay all or part of the cost of the

31  acquisition or construction, reconstruction, extension,

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  repair, improvement, maintenance, or operation or any project

 2  or combination of projects. To provide for any facility,

 3  service, or other activity of the Authority and to provide for

 4  the retirement or refunding of any bonds or obligations of the

 5  Authority or for any combination of the foregoing purposes.

 6         (9)(a)  To purchase, construct, and otherwise acquire

 7  and to improve, extend, enlarge, and reconstruct a sewage

 8  disposal system or systems and to purchase and/or construct or

 9  reconstruct sewer improvements and to operate, manage, and

10  control all such systems so purchased and/or constructed and

11  all properties pertaining thereto and to furnish and supply

12  sewage collection and disposal services to any municipalities

13  and any persons, firms, or corporations, public or private; to

14  prohibit or regulate the use and maintenance of outhouses,

15  privies, septic tanks, or other sanitary structures or

16  appliances within the Authority boundaries, provided that

17  prior to prohibiting the use of any such facilities adequate

18  new facilities must be available; to prescribe methods of

19  pretreatment of waste not amenable to treatment; to refuse to

20  accept such waste when not sufficiently pretreated as may be

21  prescribed and to prescribe penalties for the refusal of any

22  person or corporation to so pretreat such waste; to sell or

23  otherwise dispose of the effluent, sludge, or other

24  by-products as a result of sewage treatment and to construct

25  and operate connecting or intercepting outlets, sewers and

26  sewer mains and pipes and water mains, conduits, or pipelines

27  in, along, or under any street, alley, or highway, within or

28  without the Authority boundaries when deemed necessary or

29  desirable by the board of directors in accomplishing the

30  purposes of this act, with the consent of the agency owning or

31  controlling same. All such regulation herein authorized shall

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  comply with the standards and regulations pertaining to same

 2  as promulgated by the Department of Health and by the

 3  Department of Environmental Protection.

 4         (b)  The Authority shall have the power to create sewer

 5  districts comprising any area within the geographic boundaries

 6  of the Authority. However, the boundaries of any such sewer

 7  district shall not be established until approved by majority

 8  vote of the Board of County Commissioners of Monroe County,

 9  after a public hearing duly noticed and advertised. Any

10  portion or portions of the sewer system within a district and

11  of benefit to the premises or land served thereby shall be

12  deemed improvements and shall include, without being limited

13  to, laterals and mains for the collection and reception of

14  sewage from premises connected therewith, local or auxiliary

15  pumping or lift stations, treatment plants or disposal plants,

16  and other pertinent facilities and equipment for the

17  collection, treatment, and disposal of sewage. The board may

18  impose fees and charges sufficient to obtain bond or other

19  financing for sewer projects. Such charges shall be a lien

20  upon any such parcel of property superior and paramount to any

21  interest except the lien of county or municipal taxes and

22  shall be on a parity with any such taxes. All operational and

23  financial records of each district shall be separately

24  maintained and open to public inspection.

25         (c)  To exercise exclusive jurisdiction, control, and

26  supervision over any sewer systems owned or operated and

27  maintained by the Authority and to make and enforce such rules

28  and regulations for the maintenance and operation of any sewer

29  systems as may be in the judgment of the Authority necessary

30  or desirable. However, such jurisdiction shall not conflict

31  

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  with chapter 403, Florida Statutes, and rules of the

 2  Department of Environmental Protection.

 3         (d)  To restrain, enjoin, or otherwise prevent the

 4  violation of this law or of any resolution, rules, or

 5  regulations adopted pursuant to the powers granted by this

 6  law.

 7         (e)  To require and enforce the use of its facilities

 8  whenever and wherever they are accessible.

 9         (f)  To approve or disapprove all subdivision plats and

10  to provide for compliance with sewer standards, rules, and

11  regulations. No subdivision plat or property located within

12  the geographic boundaries of the Authority shall be recorded

13  until approval of the board is obtained. The board shall have

14  the power to require a surety bond from any developer to

15  ensure compliance with sewer requirements of the board.

16         (g)  In addition to the other provisions and

17  requirements of this law, any resolution authorizing the

18  issuance of revenue bonds, assessment bonds, or any other

19  obligations issued hereunder may contain provisions and the

20  Authority Board is authorized to provide and make covenants

21  and agree with several holders of such bonds as to:

22         1.  Reasonable deposits with the Authority in advance

23  to ensure the payments of rates, fees, or charges for the

24  facilities of the system.

25         2.  Discontinuance of the services and facilities of

26  any water system for delinquent payments for sewer services

27  and the terms and conditions of the restoration of such

28  service.

29         3.  Contracts with private or public owners of sewer

30  systems not owned and operated by the Authority for the

31  discontinuance of service to any users of the sewer systems.

                                  16

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1         4.  Regulate the construction, acquisition, or

 2  operation of any plant, structure, facility, or property which

 3  may compete with any sewer system.

 4         5.  The manner and method of paying service charges and

 5  fees and the levying of penalties for delinquent payments.

 6         6.  Any other matters necessary to secure such bonds

 7  and the payment of such principal and interest thereof.

 8         (h)  In the event that fees, rates, and charges for

 9  services and facilities of any sewer system shall not be paid

10  as and when due, the Authority shall be empowered to

11  discontinue furnishing water services as provided in section

12  16 of this act.

13         (i)  Any sewer systems within the geographic boundaries

14  of the Authority may be combined into a single consolidated

15  system for purposes of financing or of operation and

16  administration or both. However, no water system may be

17  combined with any sewer system for purposes of financing.

18         (j)  The Authority is hereby authorized to adopt by

19  reference and utilize or take advantage of any of the

20  provisions of chapters 100, 153, 159, and 170, Florida

21  Statutes.

22         (k)  The Authority shall have power to contract with

23  any person, private or public corporation, the State of

24  Florida, or any agency, instrumentality or county,

25  municipality, or political subdivision thereof, or any agency,

26  instrumentality or corporation of or created by the United

27  States of America, with respect to such wastewater system or

28  any part thereof.  The Authority shall also have power to

29  accept and receive grants or loans from the same, and in

30  connection with any such contract, grant or loan, to stipulate

31  

                                  17

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  and agree to such covenants, terms, and conditions as the

 2  governing body of the Authority shall deem appropriate.

 3         (l)  To make or cause to be made such surveys,

 4  investigations, studies, borings, maps, drawings, and

 5  estimates of cost and revenues as it may deem necessary, and

 6  to prepare and adopt a comprehensive plan or plans for the

 7  location, relocation, construction, improvement, revision and

 8  development of the wastewater system.

 9         (m)  That subject to covenants or agreement with

10  bondholders contained in proceedings authorizing the issuance

11  of bonds pursuant to this act, the Authority shall have the

12  power to lease said wastewater system or any part or parts

13  thereof, to any person, firm, corporation, association, or

14  body, upon such terms and conditions and for such periods of

15  time as shall be determined by the governing body.  The

16  Authority shall also, whenever desirable, have power to grant

17  permits or licenses in connection with any of the facilities

18  of such wastewater system, and shall have full and complete

19  power to do all things necessary and desirable for the proper

20  and efficient administration and operation of such wastewater

21  system and all parts thereof.  The Authority shall also have

22  power, whenever deemed necessary or desirable and subject to

23  covenants and agreements with bondholders, to lease from any

24  person, firm, corporation, association, or body, any

25  facilities of any nature for such wastewater system.

26         (n)  That charges shall be levied by the Authority

27  against its own books or against Monroe County with respect to

28  providing any facilities or services rendered by such

29  wastewater system to the Authority or to Monroe County or to

30  any other political subdivision or public body or agency which

31  receives wastewater system services, or to any department or

                                  18

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  works thereof, at the rate or rates applicable to other

 2  customers or users taking facilities or services under similar

 3  conditions.  Revenues derived from such facilities or services

 4  so furnished shall be treated as all other revenues of the

 5  wastewater system.

 6         (o)  Neither Monroe County, nor any municipality or

 7  special district therein, shall exercise any present or future

 8  power, pursuant to law, to interfere with the Authority's

 9  jurisdiction and operation of the wastewater system in such a

10  manner as to impair or adversely affect the covenants and

11  obligations of the Authority under agreement relating to its

12  bonds or other debts.

13         (p)  The Authority shall have exclusive jurisdiction

14  over the administration, maintenance, development, and

15  provision of wastewater system services in Monroe County with

16  the exception of the Key Largo Wastewater Treatment District

17  as defined in chapter 2002-337, Laws of Florida, consisting of

18  Key Largo, including all lands east of Tavernier Creek,

19  including Tavernier, Key Largo, and Cross Key, but excluding

20  Ocean Reef, the City of Key West, the City of Key Colony

21  Beach, the City of Layton, and Islamorada, Village of Islands

22  unless such areas shall choose to grant the Authority such

23  jurisdiction, and the Authority's wastewater system authorized

24  hereunder shall be the exclusive provider of wastewater system

25  services and no franchise or grant of power to any other

26  entity or provider shall be lawful unless preapproved by the

27  Authority. The Authority shall have the power to regulate the

28  use of, including prohibiting the use of or mandating the use

29  of, specific types of wastewater facilities and,

30  notwithstanding any other provisions hereof, shall be

31  authorized to prescribe the specific type of wastewater

                                  19

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  treatment facility or measures required to be utilized within

 2  the boundaries of the Authority, including, but not limited

 3  to, requiring the use of septic tanks in lieu of cess pits,

 4  the mandatory hook up to specific wastewater treatment plants,

 5  requiring upgrades be undertaken to on site wastewater

 6  systems, and any other combination of the foregoing in order

 7  to manage effluent disposal and wastewater matters.

 8         (10)  In addition to the powers specifically provided

 9  in this chapter, the Authority shall have the power to own,

10  acquire, construct, reconstruct, equip, operate, maintain,

11  extend, and improve such other related projects as the board

12  of directors may in its discretion find necessary or desirable

13  to accomplish the primary purpose of this act which is to

14  supply water and sewer services and facilities to the Florida

15  Keys. The Authority is hereby authorized to adopt by reference

16  and utilize or take advantage of any of the relevant

17  provisions of chapter 100, chapter 153, chapter 159, or

18  chapter 170, Florida Statutes.

19         Section 10.  Rules.--Upon reasonable advance notice to

20  the public and an opportunity for all persons to be heard on

21  the matter, the board shall adopt bylaws, rules, resolutions,

22  regulations, and orders prescribing the powers, duties, and

23  functions of the members of the board and employees of the

24  Authority, the conduct of the business of the Authority, the

25  maintenance of records of the Authority, and shall adopt

26  administrative rules and regulations with respect to any of

27  the projects of the Authority.

28         Section 11.  Exercise by Authority of powers within

29  municipalities.--The Authority shall have the power to

30  exercise any of its rights, powers, privileges, and

31  authorities in any and all portions of the geographical limits

                                  20

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  of the Authority lying within the boundaries of any municipal

 2  corporation or other political subdivision, heretofore or

 3  hereafter created or organized, whose boundaries lie wholly or

 4  partly within the geographic limits of the Authority, to the

 5  same extent and in the same manner as in areas of the

 6  Authority not incorporated as part of a municipality or other

 7  political subdivision.

 8         Section 12.  Furnishing facilities and services within

 9  the Authority territory.--

10         (1)  The Authority shall have the power to construct,

11  maintain, and operate its projects within the geographic

12  limits of the Authority, including any portions of the

13  Authority located inside the boundaries of any incorporated

14  municipalities or other political subdivisions and to offer,

15  supply, and furnish the facilities and services provided for

16  in this act.

17         (2)  The Authority shall have the power to collect

18  fees, rentals, and other charges from persons, firms,

19  corporations, municipalities, counties, the Federal

20  Government, the department, political subdivisions, and other

21  public or private agencies or bodies within the geographic

22  limits of the Authority and for the use of the Authority

23  itself.

24         Section 13.  Maintenance of projects across

25  rights-of-way.--The Authority shall have the power to

26  construct and operate its projects in, along, or under any

27  streets, alleys, highways, or other public places or ways, and

28  across any drain, ditch, canal, floodwater, holding basin,

29  excavation, railroad right-of-way, track, grade, fill, or cut.

30  However, just compensation shall be paid by the Authority for

31  

                                  21

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  any private property taken or damaged by the exercise of such

 2  power.

 3         Section 14.  Fees, rentals, and charges; procedure for

 4  adoption and modification; minimum revenue requirements.--

 5         (1)  The Authority shall have the power to prescribe,

 6  fix, establish, and collect rates, fees, rentals, or other

 7  charges (hereinafter sometimes referred to as revenue) and to

 8  revise the same from time to time for the facilities and

 9  services furnished or to be furnished by the Authority and to

10  provide for reasonable penalties against any user for any such

11  rates, fees, rentals, or other charges that are delinquent.

12         (2)  Such rates, fees, rentals, and charges shall be

13  just and equitable and, except as provided herein, uniform for

14  users of the same class and, where appropriate, may be based

15  or computed either upon the amount of service furnished or

16  upon the number or average number of persons working or

17  residing or working or otherwise occupying the premises served

18  or upon any other factor affecting the use of the facilities

19  furnished, or upon any combination of the foregoing factors as

20  may be determined by the board of directors on an equitable

21  basis.  The Authority may prescribe, fix, and establish a

22  special lower rate, fee, rental, or other charge on the

23  residential account of any person who is 60 years of age or

24  older or a totally and permanently disabled American veteran

25  on the date of application, who meets the low income standards

26  adopted by the board and who applies for such special lower

27  rate, fee, rental, or other charge between the months of

28  January and December, inclusive, of each year.  As used in

29  this section "residential account" means an account for a

30  person residing in a house, mobile home, condominium,

31  apartment, or other housing unit.  The application shall

                                  22

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  include the submission of an affidavit stating that the

 2  applicant is 60 years of age or older or a totally and

 3  permanently disabled American veteran . The submission of the

 4  affidavit shall be prima facie evidence of the applicant's age

 5  or disability.  The application shall also include the annual

 6  income of the applicant.

 7         (3)  The rates, fees, rentals, or other charges

 8  prescribed shall be such as will produce revenues at least

 9  sufficient to provide for the items hereinafter listed but not

10  necessarily in the order stated:

11         (a)  To provide for all costs, expenses of operation,

12  and maintenance of such facility or service for such purpose.

13         (b)  To pay, when due, all bonds and interest thereon

14  for the payment of which such revenues are or shall have been

15  pledged or encumbered, including reserves for such purposes.

16         (c)  To provide for any other funds which may be

17  required on the resolution or resolutions authorizing issuance

18  of bonds pursuant to this act.

19         (4)  No rate, fee, rental, or other charge may be

20  established resulting in increased costs for service to the

21  customer nor may any rate, fee, rental, or other charge be

22  increased by the Authority until a public hearing has been

23  held relating to the proposed increase in the City of Key

24  West, and in the Marathon and the upper Keys areas.  However,

25  if the proposed rule affects wastewater only in a single

26  wastewater district and affects rates, fees, or other charges

27  that could result in increased costs of service to the

28  customer, no rate, fee, rental, or other charge may be

29  increased by the Authority until two advertised public

30  hearings have been held relating to the proposed increase at a

31  site convenient to the public located in the district

                                  23

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  area.  Such public hearings shall not occur within 15 days of

 2  each other.

 3         Section 15.  Recovery of delinquent charges.--In the

 4  event that any of the rates, fees, rentals, charges, or

 5  delinquent penalties shall not be paid as when due and shall

 6  be in default for 30 days or more, the unpaid balance thereof

 7  and all interest accrued thereon together with attorneys' fees

 8  and costs may be recovered by the Authority in a civil action

 9  and in accordance with any covenant in any bond indenture of

10  the Authority.  The board shall have the authority to impose a

11  service charge in accordance with section 832.07(1)(a),

12  Florida Statutes upon the maker or drawer of any check, draft,

13  or order in payment of any such rate, fee, rental, charge or

14  delinquent penalty, for which payment is refused by the drawee

15  because of lack of funds or credit.

16         Section 16.  Discontinuance of service.--In the event

17  that the fees, rentals, or other charges for the services and

18  facilities of any project are not paid when due, the board of

19  directors shall have the power to discontinue and shut off the

20  same until such fees, rentals, or other charges, including

21  interest, penalties, and charges for the shutting off or

22  discontinuance and the restoration of such services and

23  facilities, are fully paid, and for such purposes may enter on

24  any lands, waters, and premises of any person, firm,

25  corporation, or other body, public or private.  Such

26  delinquent fees, rentals, or other charges together with

27  interest, penalties, and charges for the shutting off and

28  discontinuance and the restoration of such services and

29  facilities and reasonable attorneys' fees and other expenses

30  may be recovered by the Authority by suit in any court of

31  competent jurisdiction.  The Authority may also enforce

                                  24

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  payment of such delinquent fees, rentals, or other charges by

 2  any other lawful method of enforcement.

 3         Section 17.  Remedies.--Any holder of bonds issued

 4  under the provisions of this act or of any of the coupons

 5  appertaining thereto, and the trustee under the trust

 6  indenture, if any, except to the extent the rights herein

 7  given may be restricted by resolution passed before the

 8  issuance of the bonds or by the trust indenture, may, either

 9  at law or in equity, by suit, action, mandamus, or other

10  proceeding, protect and enforce any and all rights under the

11  laws of the State of Florida or granted hereunder or under

12  such resolution or trust indenture, and may enforce or compel

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

14  resolution or trust indenture to be performed by the Authority

15  or any officer thereof, including the fixing, charging, and

16  collecting of rates and other charges for both water furnished

17  by the waterworks system and wastewater treatment furnished by

18  the wastewater system.

19         Section 18.  Receiver.--

20         (1)  In the event that the Authority shall default in

21  the payment of the principal of or the interest on any of the

22  bonds as the same shall become due, whether at maturity or

23  upon call for redemption, and such default shall continue for

24  a period of 45 days, or in the event that the Authority or the

25  officers, agents, or employees of the Authority shall fail or

26  refuse to comply with the provisions of this act or shall

27  default in any agreement made with the holders of the bonds,

28  any holder of bonds, subject to the provisions of the

29  resolution authorizing the same or the trust indenture, or the

30  trustee therefor, shall have the right to apply in any

31  appropriate judicial proceeding to the Circuit Court in any

                                  25

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  court of competent jurisdiction, for the appointment of a

 2  receiver of the waterworks system, excluding however, the

 3  aqueduct, whether or not all bonds shall have been declared

 4  due and payable and whether or not such holder or trustee is

 5  seeking or has sought to enforce any other right or to

 6  exercise any other remedy in connection with such bonds, and,

 7  upon such application, the court may appoint such receiver.

 8         (2)  The receiver so appointed shall forthwith,

 9  directly or by his agents and attorneys, enter into and upon

10  and take possession of such portion of the waterworks system

11  and may exclude the Authority, its officers, agents, and

12  employees and all persons claiming under them, wholly

13  therefrom and shall have, hold, use, operate, manage, and

14  control the same in the name of the Authority or otherwise, as

15  the receiver may deem best, and shall exercise all the rights

16  and powers of the Authority with respect thereto as the

17  Authority itself might do.  Whenever all defaults shall have

18  been cured and made good, the court may, in its discretion,

19  and after such notice and hearing as it deems reasonable and

20  proper, direct the receiver to surrender possession of such

21  property to the Authority.  The same right to secure the

22  appointment of a receiver shall exist upon any subsequent

23  default as hereinabove provided.

24         (3)  Notwithstanding anything in this section to the

25  contrary, any such receiver shall have no power to sell,

26  assign, mortgage, or otherwise dispose of any assets of

27  whatever kind or character belonging to the Authority and

28  useful for the waterworks system, and the authority of any

29  such receiver shall be limited to the operation and

30  maintenance of such portion of the system as may be placed in

31  receivership and no court shall have jurisdiction to enter any

                                  26

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  order or decree requiring or permitting such receiver to sell,

 2  mortgage, or otherwise dispose of any such assets.

 3         Section 19.  Agreements with public and private parties

 4  concerning the furnishing of facilities and services.--The

 5  Authority shall have the power to enter into agreements with

 6  any person, firm, or corporation, public or private, for the

 7  furnishing by such person, firm, or corporation of any

 8  facilities and services of the type provided for in this act

 9  to the Authority, and for or on behalf of the Authority to

10  persons, firms, corporations, and other public or private

11  bodies and agencies to whom the Authority is empowered under

12  this act to furnish facilities and services.

13         Section 20.  Exclusive jurisdiction of projects and

14  finances.--

15         (1)  The board of directors shall have exclusive

16  jurisdiction and control, except as otherwise provided herein

17  and as to the quality and manner of discharge of effluent,

18  over the projects of the Authority without limitation as to

19  expenditures and appropriations except to the extent otherwise

20  provided in this act and to the extent that the board of

21  directors may by agreement with any other public or private

22  body authorize the same to exercise jurisdiction or control of

23  any of the projects of the Authority. It shall not be

24  necessary for the Authority to obtain any certificate of

25  convenience or necessity, franchise, license, permit, or

26  authorization from any bureau, board, commission, or like

27  instrumentality of the state or any political subdivision

28  thereof in order to construct, reconstruct, acquire, extend,

29  repair, improve, maintain, or operate any project and the

30  rates, fees, or other charges to be fixed and collected with

31  respect to the facilities and service of the Authority shall

                                  27

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  not be subject to supervision, regulation, or the rate-setting

 2  power of any bureau, board, commission, or other agency of the

 3  state or any political subdivision thereof.

 4         (2)  Except as otherwise provided in this act, the

 5  budget and finances of the Authority, including without

 6  limitation expenditures and appropriations, and the exercise

 7  by the board of directors of the powers herein provided, shall

 8  not be subject to the requirements or limitations of chapter

 9  216, Florida Statutes.

10         Section 21.  Revenue bonds.--

11         (1)  The Authority shall have the power to issue

12  revenue bonds from time to time without limitation as to

13  amount.  Such revenue bonds may be secured by or payable from

14  the gross amount or net pledge of the revenues to be derived

15  from any project or combination of projects from the rates,

16  fees, or other charges to be collected from the users of any

17  project or projects from any revenue-producing undertaking or

18  activity of the Authority or from any other source or pledged

19  security.  Such bond shall not constitute an indebtedness of

20  the Authority.

21         (2)  Any two or more projects may be combined and

22  consolidated into a single project and may thereafter be

23  operated and maintained as a single project.  The revenue

24  bonds authorized herein may be issued to finance any one or

25  more such projects separately or to finance two or more such

26  projects regardless of whether such projects have been

27  combined and consolidated into a single project.  If the board

28  of directors deems it advisable, the proceedings authorizing

29  such revenue bonds may provide that the Authority may

30  thereafter combine the projects then being financed or

31  theretofore financed with other projects to be subsequently

                                  28

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  financed by the Authority, and that revenue bonds to be

 2  thereafter issued by the Authority shall be on parity with the

 3  revenue bonds then being issued, all on such terms,

 4  conditions, and limitations as shall be provided and may

 5  further provide that the revenues to be derived from the

 6  subsequent projects shall at the time of the issuance of such

 7  parity revenue bonds be also pledged to the holders of any

 8  revenue bonds theretofore issued to finance the revenue

 9  undertakings which are later combined with such subsequent

10  projects.  The Authority may pledge for the security of the

11  revenue bonds a fixed amount without regard to any proportion

12  of the gross revenues of any project.

13         Section 22.  Refunding bonds.--The Authority shall have

14  the power to issue bonds to provide for the retirement or

15  refunding of any bonds or obligations of the Authority that at

16  the time of such issuance are or subsequently thereto become

17  due and payable or that at the time of issuance have been

18  called or will be subject to call for redemption within 10

19  years thereafter or the surrender of which can be procured

20  from the holders thereof at prices satisfactory to the board

21  of directors.  Refunding bonds may be issued at any time when

22  in the judgment of the board of directors such issuance will

23  be advantageous to the Authority.  The board of directors may,

24  by resolution, confer upon the holders of such refunding bonds

25  all rights, powers, and remedies to which the holders would be

26  entitled if they continued to be the owners and had possession

27  of the bonds for the refinancing of which said refunding bonds

28  are issued.

29         Section 23.  Lien of pledges.--All pledges of revenues

30  and assessments made pursuant to the provisions of this act

31  shall be valid and binding from the time when such pledges are

                                  29

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  made.  All such revenues and assessments so pledged and

 2  thereafter collected shall immediately be subject to the lien

 3  of such pledges without any physical delivery thereof or

 4  further action and the lien of such pledges shall be valid and

 5  binding as against all parties having claims of any kind in

 6  tort, contract, or otherwise against the Authority

 7  irrespective of whether such parties have notice thereof.

 8         Section 24.  Issuance of bond anticipation notes.--In

 9  addition to the other powers applied for in this act and not

10  in limitation thereof, the Authority shall have the power at

11  any time and from time to time after the issuance of any bonds

12  of the Authority shall have been authorized, to borrow money

13  for the purposes for which such bonds are to be issued in

14  anticipation of the receipt of the proceeds of the sale of

15  such bonds and to issue bond anticipation notes in a principal

16  amount not in excess of the authorized maximum amount of such

17  bond issues. Such notes shall be in such denominations and

18  bear interest at such rate or rates, mature at such time or

19  times not later than 5 years from the date of issuance and be

20  in such form and executed in such manner as the board of

21  directors shall prescribe. Such notes may be sold at either

22  public or private sale or if such notes shall be renewable,

23  notes may be exchanged for notes then outstanding on such

24  terms as the board of directors shall determine.  Said notes

25  shall be paid from the proceeds of such bonds when issued.

26         Section 25.  Short term borrowing.--The Authority at

27  any time may obtain loans in such amount and on such terms and

28  conditions as the board of directors may approve for the

29  purpose of paying any of the expenses of the Authority or any

30  costs incurred or that may be incurred in connection with any

31  of the projects of the Authority, which loan shall have a term

                                  30

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  not exceeding 3 years from the date of issuance thereof and

 2  may be renewable for a like term or terms, shall bear interest

 3  not in excess of the prevailing rate available for loans of

 4  similar terms and amounts at commercial lending institutions

 5  licensed by the Federal Government or the State, may be

 6  payable from and secured by a pledge of such funds, revenues,

 7  and assessments as the board of directors may determine.  For

 8  the purpose of defraying such costs and expenses the Authority

 9  may issue negotiable notes, warrants, and other evidences of

10  debts signed on behalf of the Authority by any one of the

11  board of directors to be authorized by the board.

12         Section 26.  Trust agreements.--In the discretion of

13  the board of directors, any issue of bonds may be secured by a

14  trust agreement by and between the Authority and a corporate

15  trustee or trustees which may be any trust company or bank

16  having the powers of a trust company within or without the

17  state.  The resolution authorizing the issuance of the bonds

18  or such trust agreements may pledge the revenues to be

19  received from any projects of the Authority and may contain

20  such provision for protecting and enforcing the rights and

21  remedies of the bondholders as the board of directors may

22  approve, including without limitation covenants setting forth

23  the duties of the Authority in relation to the acquisition,

24  construction, reconstruction, improvement, maintenance,

25  repair, operation, and insurance of any project, the fixing

26  and revising of the rates, fees, and charges and the custody

27  safeguarding and application of all moneys, and for the

28  employment of counseling engineers in connection with such

29  acquisition, construction, reconstruction, improvement,

30  maintenance, repair, and operation.  It shall be lawful for

31  any bank or trust company incorporated under the laws of the

                                  31

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    Florida Senate - 2004        (NP)                      SB 3116
    39-1544-04                                              See HB




 1  state which may act as a depository of the proceeds of bonds

 2  or of revenues to furnish such indemnifying bonds or to pledge

 3  such securities as may be required by the Authority.  Such

 4  resolution or trust agreement may set forth the rights and

 5  remedies of the bondholders and of the trustee, if any, and

 6  may restrict the individual right of action by

 7  bondholders.  The board of directors may provide for the

 8  payment of proceeds from the sale of the bonds and the

 9  revenues of any project to such officer, board, or

10  depositories as it may designate for the custody thereof, and

11  for the method of disbursement thereof with such safeguards

12  and restrictions as it may determine.  All expenses incurred

13  in carrying out the provision of such resolution or trust

14  agreement may be treated as part of the cost of operation of

15  the project to which such trust agreement pertains.

16         Section 27.  Sale of bonds.--Bonds may be sold in

17  blocks or installments at different times, or an entire issue

18  or series may be sold at one time. Bonds shall be sold at

19  public sale after advertisement, but not in any event at less

20  than 95 percent of the par value thereof, together with

21  accrued interest thereon.  Bonds may be sold or exchanged for

22  refunding bonds. Bonds may be delivered as payment by the

23  Authority of the purchase price or lease of any project or

24  part thereof or a combination of projects or parts thereof or

25  as the purchase price or exchanged for any property, real,

26  personal or mixed, including franchises or services rendered

27  by any contractor, engineer, or other person at one time or in

28  blocks from time to time and in such manner and upon such

29  terms as the board of directors in its discretion shall

30  determine.

31  

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 1         Section 28.  Authorization and form of bonds.--The

 2  Board may by resolution authorize the issuance of bonds on

 3  either a negotiated or competitive bid basis, fix the

 4  aggregate amount of bonds to be issued, the purpose or

 5  purposes for which the moneys derived therefrom shall be

 6  expended, the rate or rates of interest.  The denomination of

 7  bonds, whether or not the bonds are to be issued in one or

 8  more series, the date or dates thereof, the date or dates of

 9  maturity, which shall not exceed 40 years from their

10  respective dates of issuance, the medium of payment, place or

11  places within or without the state where payment shall be

12  made, registration, privileges (whether with or without

13  premium), the manner of execution, the form of the bonds,

14  including any interest coupons to be attached thereto, the

15  manner of execution of bonds and coupons, and any and all

16  other terms, covenants and conditions thereof, and the

17  establishment of reserve or other funds.

18         Section 29.  Interim certificates, replacement

19  certificates.--Pending the preparation of definitive bonds,

20  the board of directors may issue interim certificates or

21  receipts or temporary bonds, in such form and with such

22  provision as the board of directors may determine,

23  exchangeable for definitive bonds when such bonds have been

24  executed and are available for delivery.  The board of

25  directors may also provide for the replacement of any bonds

26  which shall become mutilated or be lost or destroyed.

27         Section 30.  Negotiability of bonds.--Any bond issued

28  under this act and any interim certificate, receipt, or

29  temporary bond shall, in the absence of an express recital on

30  the face thereof that it is nonnegotiable, shall be and

31  constitute a negotiable instrument within the meaning and for

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 1  all purposes of the law merchant, the U.C.C. and the laws of

 2  the State of Florida.

 3         Section 31.  Bonds as legal investment or

 4  security.--Notwithstanding any provisions of any other law to

 5  the contrary, all bonds issued under provisions of this act

 6  shall constitute legal investments for savings banks, trust

 7  companies, insurance companies, executors, administrators,

 8  trustees, guardians, and other fiduciaries, and for any board,

 9  body, agency, instrumentality, county, municipality, or other

10  political subdivision of the state and shall be and constitute

11  securities which may be deposited by banks or trust companies

12  as security for deposit of the state, county, municipal, or

13  other public funds, or by insurance companies.

14         Section 32.  Validity of bonds.--Any bonds issued by

15  the Authority shall be incontestable in the hands of bona fide

16  purchasers or holders for value and shall not be invalid

17  because of any irregularity or defects in the proceedings for

18  the issue and sales thereof.  However, the Authority is not

19  required to obtain approval of the Bond Review Board as

20  provided by chapter 215, Florida Statutes.

21         Section 33.  Pledge by the State of Florida to the

22  bondholders of the Authority and to the Federal

23  Government.--The State of Florida pledges to the holders of

24  any bonds issued under this act that it will not limit or

25  alter the rights of the Authority, to own, acquire, construct,

26  reconstruct, improve, maintain, operate, or furnish the

27  projects or to levy rentals, rates, fees, or other charges

28  provided for herein and to fulfill the terms of any agreement

29  made with the holders of such bonds or other obligations, that

30  it will not in any way impair the rights or remedies of the

31  holders, and that it will not modify in any way the exemption

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 1  for taxation provided in the act, until all such bonds,

 2  together with interest thereon, and all costs and expenses in

 3  connection with any action or proceeding by or on behalf of

 4  such holders, are fully met and discharged.  The State of

 5  Florida pledges to and agrees with the Federal Government that

 6  in the event the Federal Government or any agency or authority

 7  thereof shall construct or contribute any funds, materials, or

 8  property for the construction, acquisition, extension,

 9  improvement, enlargement, maintenance, operation, or

10  furnishing of any project of the Authority, or any part

11  thereof, the state will not alter or limit the rights and

12  powers of the Authority in any manner which would be

13  inconsistent with the continued maintenance and operation of

14  such project, or any part thereof, on the improvement thereof,

15  or which would be inconsistent with due performance of any

16  agreement between the Authority and the Federal Government,

17  and the Authority shall continue to have, and may exercise,

18  all powers herein granted so long as the board of directors

19  may deem the same necessary or desirable for carrying out the

20  purposes of this act and the purposes of the Federal

21  Government in the construction, acquisition, extension,

22  improvement, enlargement, maintenance, operation, or

23  furnishing of any projects of the Authority or any part

24  thereof.

25         Section 34.  Contracts, grants, and contributions.--The

26  Authority shall have the power to make and enter into all

27  contracts and agreements necessary or incidental to the

28  performance or functions of the Authority and the execution of

29  its powers, and to contract with, and to accept and receive

30  grants or loans of money, material, or property from any

31  person, private or public corporation, the State of Florida,

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 1  or any agency or instrumentality thereof, any county,

 2  municipality, or other political subdivision, or any agency,

 3  instrumentality, or corporation of or created by the United

 4  States of America, or the United States of America, as the

 5  board of directors shall determine to be necessary or

 6  desirable to carry out the purpose of this act, and in

 7  connection with any such contract, grant, or loan to stipulate

 8  and agree to such covenants, terms, and conditions as the

 9  board of directors shall deem appropriate.

10         Section 35.  Tax exemption.--As the exercise of the

11  powers conferred by this act to effect the purposes of this

12  act constitute the performance of essential public functions,

13  and as the projects of the Authority will constitute public

14  property used for public purposes, all assets and properties

15  of the Authority and all bonds issued hereunder and interest

16  paid thereon and all fees, charges, and other revenues derived

17  by the Authority from the projects provided for by this act

18  shall be exempt from all taxes by the state or any political

19  subdivision, agency, or instrumentality thereof, except that

20  this exemption shall not apply to interest earnings subject to

21  taxation under chapter 220, Florida Statutes.

22         Section 36.  Construction of Authority projects.--The

23  board of directors shall have the power and authority to

24  acquire, construct, reconstruct, extend, repair, improve,

25  maintain, and operate any of the projects of the Authority,

26  and to that end to employ contractors, to purchase machinery,

27  to employ men to operate the same, and directly to have charge

28  of and construct the projects of the Authority in such manner

29  as the board of directors may determine . The Authority may

30  undertake any such construction work with its own facilities,

31  without public advertisement for bids.  The board of directors

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 1  shall not be permitted to let contracts for projects of the

 2  Authority or for purchases without public advertising and the

 3  receiving of bids in accordance with such terms and conditions

 4  of chapter 287, Florida Statutes.  The board of directors

 5  shall let contracts to the lowest responsible

 6  bidder.  However, the board may, in its discretion, reject any

 7  and all bids.

 8         Section 37.  Enforcement and penalties.--The board of

 9  directors or any aggrieved person may have recourse to such

10  remedies in law and equity as may be necessary to ensure

11  compliance with the provisions of this act, including

12  injunctive relief to enjoin or restrain any person violating

13  the provisions of this act and any bylaws, resolutions,

14  regulations, rules, codes, and orders adopted under this act,

15  and the court shall, upon proof of such violation, have the

16  duty to issue forthwith such temporary and permanent

17  injunctions as are necessary to prevent such further

18  violations thereof.

19         Section 38.  Investment of funds.--The board of

20  directors may, in its discretion, invest funds of the

21  Authority in:

22         (1)  Direct obligations of or obligations guaranteed by

23  the United States of America or for the payment of principal

24  and interest of which the faith and credit of the United

25  States is pledged;

26         (2)  Bonds or notes issued by any of the following

27  Federal agencies: Bank for Cooperatives; Federal Intermediate

28  Credit Banks; Federal Home Loan Banks System; Federal Land

29  Banks; or the Federal National Mortgage Loan Association

30  (including the debentures or participating certificates issued

31  by such association);

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 1         (3)  Public housing bonds issued by public housing

 2  authorities and secured by a pledge of annual contributions

 3  under an annual contribution contract or contracts with the

 4  United States of America;

 5         (4)  Bonds or other interest-bearing obligations of any

 6  county, district, city, or town located in the State of

 7  Florida for which the credit of such political subdivision is

 8  pledged; or

 9         (5)  Any investment authorized for insurers by chapter

10  625, Florida Statutes, inclusive and amendments thereto.

11         Section 39.  Fiscal year of the Authority.--The board

12  of directors has the power to establish and from time to time

13  redetermine the fiscal year of the Authority.

14         Section 40.  Severability of provision.--If any

15  section, clause, sentence, amendment, or provision of this act

16  or the application of such section, clause, sentence,

17  amendment, or provision to any person or bodies or under any

18  circumstances shall be held to be inoperative, invalid, or

19  unconstitutional, the invalidity of such section, clause,

20  sentence, amendment, or provision shall not be deemed held or

21  taken to affect the validity or constitutionality of any of

22  the remaining parts of this act, or amendments hereto, or the

23  application of any of the provisions of this act to persons,

24  bodies or in circumstances other than those as to which it or

25  any part thereof shall have been held inoperative, invalid, or

26  unconstitutional, and it is intended that this act shall be

27  construed and applied as if any section, clause, sentence,

28  amendment, or provision held inoperative, invalid, or

29  unconstitutional had not been included in this act.

30         Section 41.  Liberal construction.--The provisions of

31  this act shall be liberally construed to effect its purposes

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 1  and shall be deemed cumulative, supplemental, and alternative

 2  authority for the exercise of the powers provided herein.

 3         Section 42.  Notice.--It is found and determined that

 4  notice of intention to apply for this legislation was given in

 5  the time, form, and manner required by the Constitution and

 6  Laws of the State of Florida. Said notice is found to be

 7  sufficient and is hereby validated and approved.

 8         Section 43.  All actions of the Authority occurring

 9  prior to the effective date of this act are hereby ratified.

10         Section 4.  Chapters 18530 (1937), 21230 (1941), 21328

11  (1941), 23277 (1945), 26039 (1949), 27757 (1951), 29297

12  (1953), 29301 (1953), 31010 (1955), 31011 (1955), 31012

13  (1955), 57-1589, 59-1581, 63-1644, 63-1648,70-810, 71-778,

14  75-442, 75-449,76-441, 77-604, 77-605, 80-546, 83-468, 84-483,

15  84-484, 86-419, 98-519, 2002-337, 2003-304, and 2003-327, Laws

16  of Florida, are repealed.

17         Section 5.  Rulemaking.--The Florida Keys Aqueduct

18  Authority Board, as constituted herein, and any successor

19  agency or board may adopt rules necessary to meet

20  environmental requirements imposed by federal agencies as a

21  condition of funding.  Rules adopted by the Florida Keys

22  Aqueduct Authority prior to effective date of this act,

23  contained in Part 7 of the Rules of the Florida Keys Aqueduct

24  Authority are hereby affirmed as a valid exercise of delegated

25  legislative authority.

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

27  law.

28  

29  

30  

31  

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