1 | The Committee on Local Government & Veterans' Affairs recommends |
2 | the following: |
3 |
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4 | Committee Substitute |
5 | Remove the entire bill and insert: |
6 | A bill to be entitled |
7 | An act relating to the Daytona Beach Downtown Development |
8 | Authority, Volusia County; codifying, amending, |
9 | reenacting, and repealing the authority's special acts; |
10 | providing a popular name; providing definitions; providing |
11 | legislative findings; providing boundaries; providing for |
12 | supervision, appointment, removal, terms, qualifications, |
13 | compensation, and filling of vacancies on the authority; |
14 | providing for functions and powers of the authority; |
15 | providing for ad valorem taxation; providing for board |
16 | records and fiscal management; providing for issuance of |
17 | certificates; providing for elections; providing for |
18 | millage limitations; providing for special assessments; |
19 | providing for liberal construction; providing an effective |
20 | date. |
21 |
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22 | Be It Enacted by the Legislature of the State of Florida: |
23 |
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24 | Section 1. Pursuant to section 189.429, Florida Statutes, |
25 | this act constitutes the codification of all special acts |
26 | relating to the Daytona Beach Downtown Development Authority. It |
27 | is the intent of the Legislature in enacting this law to provide |
28 | a single, comprehensive special act charter for the district |
29 | including all current legislative authority granted to the |
30 | district by its several legislative enactments and any |
31 | additional authority granted by this act. It is further the |
32 | intent of this act to preserve all district authority in |
33 | addition to any authority contained in the Florida Statutes, as |
34 | amended from time to time. |
35 | Section 2. Chapters 72-520, 77-537, 79-446, and 80-493, |
36 | Laws of Florida, are amended, codified, reenacted, and repealed |
37 | as herein provided. |
38 | Section 3. The charter for the Daytona Beach Downtown |
39 | Development Authority is re-created and reenacted to read: |
40 | Section 1. Popular name.--This act shall be known and may |
41 | be cited as the "Daytona Beach Downtown Development Authority |
42 | Act." |
43 | Section 2. Definitions and rules of construction.--Unless |
44 | qualified in the text, the following definitions and rules of |
45 | construction shall apply hereto: |
46 | (1) "Board" means the Daytona Beach Downtown Development |
47 | Authority and any successor to its functions, authority, rights, |
48 | and obligations. |
49 | (2) "City" and "Daytona Beach" mean the City of Daytona |
50 | Beach. |
51 | (3) "City commission" means the Daytona Beach City |
52 | Commission and any succeeding governing body of the city. |
53 | (4) "Downtown" and "downtown area" mean the area as set |
54 | forth herein and to which this act primarily relates, including |
55 | the central business district and its environs. |
56 | (5) "Elector" shall be synonymous with the term "voter" or |
57 | "qualified elector or voter." |
58 | (6) "Freeholder" means any owner of real property in the |
59 | downtown area not wholly exempt from ad valorem taxation, |
60 | whether individual, corporation, trust, estate, or partnership |
61 | residing or with its principal place of business located in the |
62 | United States of America. |
63 | (7) "Herein," "hereby," "hereof," and similar compounds |
64 | refer to the entire act. |
65 | (8) "Including" shall be construed as merely introducing |
66 | illustrative examples and not as limiting in any way the |
67 | generality of the inclusive term. |
68 | (9) "Majority without qualification" means a majority of a |
69 | quorum. |
70 | (10) "Mayor" means the Mayor of the City of Daytona Beach. |
71 | (11) "State" means the State of Florida. |
72 | Section 3. Statement of policy and legislative findings.-- |
73 | (1) It is the policy of the state to make it possible for |
74 | the city to revitalize and preserve property values and prevent |
75 | deterioration in the downtown area by a system of self-help to |
76 | correct the commercial blight of such deterioration as has |
77 | developed there. The authority hereby created is intended to |
78 | provide a means whereby property owners who will benefit |
79 | directly from the results of such a program will bear the |
80 | substantial cost thereof and local problems may be solved on the |
81 | local level through the authority hereby created. |
82 | (2) The Legislature hereby finds and declares that among |
83 | the many causes of commercial blight in the downtown area are |
84 | the following: impeded automobile traffic flow due to outmoded |
85 | street patterns, proliferation of uncoordinated uses and parking |
86 | areas, unsuitable topography, faulty lot layouts, fragmentation |
87 | of land uses and parking areas necessitating frequent automobile |
88 | movement, lack of separation of pedestrian areas from automobile |
89 | traffic, lack of separation of vehicle traffic lanes, and |
90 | strangled automobile traffic. Voluntary cooperation for |
91 | coordinated development has limitations because of fragmentary |
92 | ownership, absentee ownership, and unusual conditions of title |
93 | and other conditions. |
94 | (3) The downtown area is plagued with vacant and |
95 | deteriorating buildings, which are neglected and produce an |
96 | undesirable atmosphere. Similarly, there is much vacant land |
97 | area in the downtown area, and these factors tend to combine to |
98 | put the downtown area at a competitive disadvantage to modern |
99 | offices and shopping centers developing in the area. Many |
100 | businesses of all types have left the area for new locations in |
101 | suburban shopping centers, and few businesses have entered to |
102 | take their places. The oldest commercial structures in the city |
103 | are in this area and some are obsolete, of inferior |
104 | construction, and incompatible with modern functional design as |
105 | is featured in competitive shopping centers. These factors tend |
106 | to develop an image of the downtown area which is |
107 | unrepresentative of its economic vitality and out of place with |
108 | the growth of Daytona Beach, thus producing a tarnishing effect |
109 | on the overall image of the city. |
110 | (4) The area now has few residences and many of the |
111 | residences that do exist are undersized and of inferior |
112 | construction, which would not be permitted for new construction |
113 | under the city's building code. It is in some instances a proper |
114 | function of government to remove blight and blighting influences |
115 | from commercial areas. The police power may be inadequate to |
116 | accomplish this purpose. One effective device for removal of the |
117 | blight from the downtown area is the planning and implementation |
118 | of planning for appropriate land use, beautification, continuity |
119 | of planning and aesthetic and technical design concepts, and |
120 | removal of deteriorated and obsolescent structures. |
121 | (5) The Legislature further finds and declares that the |
122 | provisions of this act and the powers afforded to the board are |
123 | desirable to guide and accomplish the coordinated, balanced, and |
124 | harmonious development of the downtown area in accordance with |
125 | existing and future needs; to promote the health, safety, and |
126 | general welfare of the area and its inhabitants, visitors, |
127 | property owners, and workers; to establish, maintain, and |
128 | preserve aesthetic values and preserve and foster the |
129 | development and display of attractiveness; to prevent |
130 | overcrowding and congestion; to improve automobile traffic and |
131 | provide pedestrian safety; and to provide a way of life which |
132 | combines the conveniences and amenities of modern living with |
133 | the traditions and pleasures of the past. |
134 | Section 4. Downtown area description.-- |
135 | (1) The downtown area included in this act shall be all |
136 | those properties described as follows: |
137 |
|
138 | Begin at the intersection of the easterly line of |
139 | Beach Street, with the easterly extension of the south |
140 | line of Live Oak Avenue; thence westerly along said |
141 | south line of Live Oak Avenue to the westerly line of |
142 | Segrave Street; thence northerly along the said west |
143 | line of Segrave Street to the extension westerly of |
144 | the northerly line of lot 12, and along the northerly |
145 | line of Lots 12 through 19 of said Gorum Weaver |
146 | Subdivision to the northeasterly corner of said Lot |
147 | 19; thence easterly, northerly and easterly along the |
148 | boundary of Leon Ellenwood map book 6, page 60, public |
149 | records of Volusia County, Florida, to the westerly |
150 | line of Ridgewood Avenue; thence southerly along the |
151 | westerly line of Ridgewood Avenue to the northerly |
152 | line of Second Avenue; thence easterly along said |
153 | northerly line of Second Avenue to the west line of |
154 | lot 15, block 50, Mason and Coleman's Daytona, of |
155 | record in deed book I, page 151, public records of |
156 | Volusia County, Florida; thence northerly along said |
157 | west line of lot 15 to the north line of San Juan |
158 | Avenue; thence easterly along said north line of San |
159 | Juan Avenue, to the easterly line of Wisconsin Avenue; |
160 | thence northerly along the easterly line of Wisconsin |
161 | Avenue, to the north line of First Avenue; thence |
162 | westerly along the said north line of First Avenue to |
163 | the west line of lot 8, block 51 of said Mason and |
164 | Coleman's Daytona; thence northerly along said west |
165 | line of lot 8, block 51 and extension thereof, to the |
166 | northerly line of Cypress Street; thence easterly |
167 | along said northerly line of Cypress Street to the |
168 | easterly line of Daytona Street; thence northerly |
169 | along said easterly line of Daytona Street and |
170 | extension thereof, to the north line of Fairview |
171 | Avenue; thence easterly along said north line of |
172 | Fairview Avenue and extension thereof, to an |
173 | intersection with the centerline of Halifax River, |
174 | thence southerly along the centerline of the Halifax |
175 | River to a point of intersection with the easterly |
176 | extension of the southerly line of Marina Point |
177 | Condominium, as per legal recorded in Official Records |
178 | book 2125, page 1559, of the public records of Volusia |
179 | County, Florida; thence westerly along said southerly |
180 | line to a point of intersection with the easterly line |
181 | of Beach Street; thence northerly along the easterly |
182 | line of Beach Street to the point of beginning |
183 |
|
184 | The board shall have the power from time to time by the |
185 | following procedure to alter or amend the boundaries of the |
186 | downtown area. The board shall first set a date for a public |
187 | hearing on the adoption of a resolution amending the description |
188 | of the downtown area and shall cause a notice of the public |
189 | hearing to be published in a newspaper of general circulation |
190 | published in the city, which notice shall be published four |
191 | times, not less than 30 nor more than 60 days after the date of |
192 | the hearing. The notice shall set forth the date, time, and |
193 | place of the hearing and shall describe the boundaries of the |
194 | existing downtown area as defined herein and shall describe the |
195 | changes to be made thereto. Additionally, the board shall cause |
196 | to be mailed to each owner of the property, according to the tax |
197 | collector's records existing in Volusia County, a copy of the |
198 | notice as published in the newspaper. After the public hearing, |
199 | the board shall adopt a resolution defining the changes in the |
200 | downtown area. The board shall not incorporate land into the |
201 | district not included in the description contained in the notice |
202 | of public hearing, but it may eliminate any lands from the area. |
203 | A referendum, as set out in section 13, shall then be held in |
204 | connection with any additions to the area defined in this |
205 | section, with only those voting in the new area being eligible |
206 | to vote. However, if any deletion shall be made in the area |
207 | defined in this section, then all the freeholders and qualified |
208 | electors within the area defined in this section shall be |
209 | entitled to vote in the referendum. |
210 | (2) The owner or owners of real property within the city |
211 | limits of Daytona Beach, and contiguous to the boundaries of the |
212 | Daytona Beach Downtown Development District, may petition the |
213 | Daytona Beach Downtown Development Authority to be included |
214 | within the district boundaries. Upon determination by the |
215 | Daytona Beach Downtown Development Authority that the petition |
216 | bears the signatures of all owners of property in the area |
217 | proposed to be included, the authority may, at any regular |
218 | meeting, adopt a resolution to annex said property and redefine |
219 | the boundary lines of the district to include said property. |
220 | Said resolution shall be passed after same has been published |
221 | once a week for 4 consecutive weeks in a newspaper of general |
222 | circulation within the city limits of Daytona Beach. The |
223 | resolution adopted hereunder shall be filed with the Clerk of |
224 | the City of Daytona Beach. If real property which is contiguous |
225 | to the boundaries of the Daytona Beach Downtown Development |
226 | District is wholly owned by a public or governmental entity or |
227 | subdivision thereof, the property may be included in the |
228 | district boundaries upon the obtaining of a resolution by the |
229 | governing body of the entity consenting to such inclusion. Upon |
230 | receipt of such resolution, the authority may, at any regular |
231 | meeting, adopt a resolution to include said property and |
232 | redefine the boundary lines of the district to include said |
233 | property. Said resolution shall be passed after same has been |
234 | published once a week for 4 consecutive weeks in a newspaper of |
235 | general circulation within the City of Daytona Beach. The |
236 | resolution adopted hereunder shall be filed with the Clerk of |
237 | the Circuit Court of Volusia County and the City of Daytona |
238 | Beach. |
239 | Section 5. Authority; supervision; appointment, removal, |
240 | term, qualification, compensation of board members; filling of |
241 | vacancies.--There is hereby created and established the Daytona |
242 | Beach Downtown Development Authority, which authority shall have |
243 | all the powers herein provided. |
244 | (1) The affairs of the authority shall be under the direct |
245 | supervision and control of a board of five members, one of whom |
246 | shall be a member of the city commission, appointed by the city |
247 | commission, who shall serve staggered terms. |
248 | (2) The city commission shall by vote of a majority of its |
249 | entire membership appoint the members of the authority, and by |
250 | vote of three-fifths of its entire membership, after notice |
251 | specifying the charges and a hearing held not earlier than 10 |
252 | days after personal delivery of notice or mailing thereof by |
253 | registered or certified mail addressed to the member at his or |
254 | her latest known residence, the city commission may remove a |
255 | member of the authority for good cause, including willful |
256 | neglect of duty, incompetence, unfitness to perform his or her |
257 | duty, or conviction of an offense involving moral turpitude. A |
258 | member so removed shall be entitled to review by the circuit |
259 | court of the action taken. |
260 | (3) Members shall be appointed to serve terms of 3 years |
261 | each July 1. |
262 | (4) To qualify for appointment to the authority, and to |
263 | remain qualified for service on it, a prospective noncity |
264 | commission member, or a member already appointed who is not a |
265 | member of the city commission, shall reside in or have his or |
266 | her principal place of business in the city, shall not be |
267 | serving as a city officer or employee, and shall be an owner of |
268 | realty within the downtown area, a lessee thereof, or a |
269 | director, officer, or managing agent of an owner or lessee |
270 | thereof. |
271 | (5) Vacancy in office, which shall be filled within 30 |
272 | days after its occurrence for the remainder of the unexpired |
273 | term, shall occur whenever a member is removed from office, |
274 | becomes disqualified or otherwise unable to serve, or resigns. |
275 | The city commission shall fill any vacancy in office for the |
276 | unexpired term. |
277 | (6) Each member of the board shall serve without |
278 | compensation for services rendered as a member, but may be |
279 | reimbursed by the board for necessary and reasonable expenses |
280 | actually incurred in the performance of duty. The board may |
281 | require all of its members or any or all of its officers or |
282 | employees to post bond for faithful performance of duty, the |
283 | board shall require such bond of all persons authorized to sign |
284 | on accounts of the board, and the board shall pay bonding costs. |
285 | No member of the board shall be personally liable for any action |
286 | taken in attempting in good faith to perform his or her duty, or |
287 | for a decision not to act, except in instances of fraud or |
288 | willful neglect of duty. |
289 | (7) A member of the city commission appointed to the board |
290 | shall be a member of the board only so long as he or she is a |
291 | member of the city commission, and the vacancy thus created |
292 | shall be filled by the city commission. |
293 | Section 6. Board bylaws and internal governance.--The |
294 | board shall formulate and may amend its own rules of procedure |
295 | and written bylaws not inconsistent with this act. A majority of |
296 | its entire membership shall constitute a quorum for the |
297 | transaction of business, but fewer than a quorum may adjourn |
298 | from time to time and may compel the attendance of absent |
299 | members. All action shall be taken by a vote of at least a |
300 | majority present and voting. The board shall select one of its |
301 | members as chair and another as vice chair and shall prescribe |
302 | their duties, powers, and terms of serving. The board shall hold |
303 | regular meetings at least once a month and shall provide in its |
304 | bylaws for holding special meetings. All meetings shall be given |
305 | public notice and shall be open to the public. |
306 | Section 7. Functions of the authority.--The authority |
307 | shall perform the following functions: |
308 | (1) Prepare an analysis of the economic conditions and |
309 | changes occurring in the downtown area, including the effect of |
310 | such factors as metropolitan growth, traffic congestion, lack of |
311 | adequate parking and other access facilities, and structural |
312 | obsolescence and deterioration. |
313 | (2) Formulate immediate, intermediate, and long-range |
314 | development programs for improving the attractiveness and |
315 | accessibility to the public of downtown facilities, promoting |
316 | efficient use thereof, remedying the deterioration of downtown |
317 | property values, and developing the downtown area. |
318 | (3) Recommend to the city commission and to downtown |
319 | business owners and residents the actions deemed most suitable |
320 | for implementing the downtown development programs, including |
321 | removal, razing, repair, renovation, reconstruction, remodeling, |
322 | and improvement of existing structures, addition of new |
323 | structures and facilities, relocation of any existing structures |
324 | and facilities, and changes in patterns of and facilities for |
325 | traveling to and from the downtown area. |
326 | (4) Participate actively in the implementation and |
327 | execution of downtown development programs, including |
328 | establishment, acquisition, construction, ownership, financing, |
329 | leasing, licensing, operation, and management of public |
330 | facilities deemed feasible and beneficial in effecting |
331 | implementation, but this subsection shall not give the authority |
332 | any power or control over any city property unless and until |
333 | assigned to it by the city commission. |
334 | (5) Carry on all projects and undertakings authorized by |
335 | law and within the limits of the powers granted to it by law, |
336 | and such additional public projects and undertakings related to |
337 | the downtown area as the city commission may assign to it with |
338 | its consent. |
339 | Section 8. Powers of the authority.--In the performance of |
340 | the functions vested in or assigned to it, the authority is |
341 | hereby granted the following powers: |
342 | (1) To enter into contracts and agreements and to sue and |
343 | be sued as a body corporate. |
344 | (2) To have and use a corporate seal. |
345 | (3) To acquire, own, convey, or otherwise dispose of, |
346 | lease as lessor or lessee, construct, maintain, improve, |
347 | enlarge, raze, relocate, operate, and manage property and |
348 | facilities of whatever type, and to grant or acquire licenses, |
349 | easements, and options with respect thereto. |
350 | (4) To accept grants and donations of any type of |
351 | property, labor, or other thing of value from any public or |
352 | private source. |
353 | (5) To receive the proceeds of the tax hereby imposed. |
354 | (6) To receive the revenues from any property or facility |
355 | owned, leased, licensed, or operated by it or under its control, |
356 | subject to the limitations imposed upon it by trusts or other |
357 | agreements validly entered into by it. |
358 | (7) To have exclusive control of all funds legally |
359 | available to it, subject to limitations imposed upon it by law |
360 | or by any agreement validly entered into by it. |
361 | (8) To cooperate and enter into agreements with any |
362 | governmental agency or other public body. |
363 | (9) To make to or receive from the city or Volusia County |
364 | conveyances, leasehold interests, grants, contributions, loans, |
365 | and other rights and privileges. |
366 | (10) To issue and sell revenue certificates as hereinafter |
367 | provided, or in any other manner permitted by law and not |
368 | inconsistent with the provisions hereof, and to take all steps |
369 | deemed by it necessary or expedient for efficient preparation |
370 | and marketing of the certificates at public or private sale at |
371 | the best price obtainable, including the entry into binding |
372 | agreements with corporate trustees, underwriters, and the |
373 | holders of the certificates, and the employment and payment, as |
374 | a necessary expense of issuance, for the services of consultants |
375 | on valuations, costs, and feasibility of undertaking, revenues |
376 | to be anticipated and other financial matters, architecture, |
377 | engineering, legal matters, accounting matters, and any other |
378 | fields in which expert advice may be needed to effectuate |
379 | advantageous issuance and marketing. |
380 | (11) To fix, regulate, and collect rates and charges for |
381 | facilities and services furnished by it or under its control and |
382 | to pledge the revenue to the payment of revenue certificates |
383 | issued by it. |
384 | (12) To borrow money on its unsecured notes, for a period |
385 | not exceeding 9 months, in an aggregate amount for all |
386 | outstanding unsecured notes not exceeding 50 percent of the |
387 | proceeds received during the immediately prior fiscal year from |
388 | the tax hereby imposed, and at an annual rate of interest not |
389 | exceeding the rate being charged at the time of the loan by |
390 | banks in the city on unsecured short-term loans to local |
391 | businesses. |
392 | (13) To acquire by rental or otherwise and to equip and |
393 | maintain a principal office for the conduct of its business and |
394 | such branch offices as it may from time to time deem expedient. |
395 | (14) To employ and prescribe the duties, authority, |
396 | compensation, and reimbursement of expenses of the director of |
397 | the authority, who shall act as its chief executive officer; a |
398 | general counsel, who shall be an attorney with at least 5 years |
399 | of experience in active Florida practice and so engaged at the |
400 | time of appointment; and such other personnel as it may, after |
401 | consultation with the director, deem necessary from time to |
402 | time; provided, its personnel shall not be under civil service |
403 | regulations, may be employed to serve at its pleasure, shall not |
404 | in any event be contracted with for a term of employment longer |
405 | than 5 years, shall not while employed by it serve as city |
406 | officers or employees, and, with the exception of its secretary, |
407 | shall not while employed by it serve as a member of it. |
408 | (15) To enter into contracts in furtherance of its duties |
409 | and in the exercise of its powers, and to contract and otherwise |
410 | cooperate with and participate in all projects and undertakings |
411 | of the United States and the state and all of their agencies and |
412 | instrumentalities in furthering the purpose of this section. |
413 | (16) To exercise all powers incidental to the effective |
414 | and expedient exercise of the foregoing powers to the extent not |
415 | in conflict herewith or inconsistent herewith. |
416 | (17) To acquire by purchase or the exercise of the power |
417 | of eminent domain, which must be in the best interest of the |
418 | public, on such terms and conditions and in such manner as it |
419 | may deem proper, and to own, convey, and otherwise dispose of |
420 | and to lease, as lessor or lessee, any land and any other |
421 | property, real and personal, and any rights and interests |
422 | therein which it may determine to be reasonably necessary in |
423 | furtherance of its other powers under this section, and to grant |
424 | and acquire licenses, easements, and options with respect |
425 | thereto; provided, however, that the compensation paid to owners |
426 | of land and any other property, real and personal, or any |
427 | property right, who have said rights acquired from them under |
428 | this act by eminent domain, shall include reasonable |
429 | reimbursement for relocating an existing business; and provided |
430 | further that any property leased to private interests shall not |
431 | be exempt from ad valorem taxes. |
432 | Section 9. Levy of ad valorem tax.--An ad valorem tax in |
433 | addition to all other ad valorem taxes is hereby levied annually |
434 | for the purpose of financing the operation of the authority on |
435 | all property in the downtown area which is subject to ad valorem |
436 | taxation for city operating expenses. The tax base shall be the |
437 | assessed valuation made annually by the county tax assessor. The |
438 | rate shall be 1 mill on each dollar of tax base, unless the |
439 | authority, by written notice to the county tax collector at such |
440 | time as he or she shall specify, sets a rate of less than 1 mill |
441 | for the ensuing fiscal year. The county tax collector shall |
442 | collect the tax when and in the same manner in which he or she |
443 | collects ad valorem taxes, with the same discounts for early |
444 | payment, and shall pay the proceeds to the city treasurer for |
445 | the account of the authority. |
446 | Section 10. Board records and fiscal management.-- |
447 | (1) The funds of the board shall be maintained under a |
448 | separate account and shall be used for the purposes herein |
449 | authorized and shall be distributed only by direction of or with |
450 | the approval of the board pursuant to requisitions signed by the |
451 | director or other designated chief fiscal officer of the board |
452 | and countersigned by at least one other person who shall be a |
453 | member of the board. |
454 | (2) The board bylaws shall provide for maintenance of |
455 | minutes and other official records of its proceedings and |
456 | actions; preparation and adoption of an annual budget for each |
457 | ensuing fiscal year; internal supervision and control of its |
458 | accounts, which function the appropriate city fiscal officers |
459 | may perform for the board at its request; and an external audit |
460 | at least annually by an independent certified public accountant |
461 | who has no personal interest, direct or indirect, in its fiscal |
462 | affairs. A copy of the external audit shall be filed with the |
463 | city clerk within 90 days after the end of each fiscal year. The |
464 | bylaws shall specify the means by which each of these functions |
465 | is to be performed and, as to those functions assigned to board |
466 | personnel, the manner and schedule of performance. |
467 | (3) No member or employee of the board shall participate |
468 | by vote or otherwise on behalf of the board in any matter in |
469 | which he or she has a direct financial interest or an indirect |
470 | financial interest other than of the benefits to be derived |
471 | generally from the development of the downtown area. |
472 | Participation with knowledge of such interest shall constitute |
473 | malfeasance and shall result, as regards a member, in automatic |
474 | forfeiture of office, or as regards an employee, in prompt |
475 | dismissal. |
476 | Section 11. Provisions governing issuance of revenue |
477 | certificates.--Issuance of revenue certificates by the board |
478 | shall be governed by the following general provisions: |
479 | (1) Revenue certificates for purposes hereof are limited |
480 | to obligations that are secured solely by pledge of revenues |
481 | produced by the facility or facilities for the benefit of which |
482 | the certificates are issued and the sale proceeds used and that |
483 | do not constitute a lien or encumbrance, legal or equitable, on |
484 | any real property of the board or on any of its personal |
485 | property other than the revenue pledged to secure payment of the |
486 | certificates. |
487 | (2) The faith and credit of the city shall not be pledged |
488 | and the city shall not be obligated directly or indirectly to |
489 | make any payments on or appropriate any funds for certificates |
490 | issued by the board. |
491 | (3) Before issuing any revenue certificates, the board |
492 | shall as to each issue: |
493 | (a) Prepare or procure from a reputable source detailed |
494 | estimates of the total cost of the undertaking for which the |
495 | certificates are contemplated and of the annual revenues to be |
496 | obtained therefrom and pledged as security for payment of the |
497 | certificates. |
498 | (b) Determine that the anticipated net proceeds from the |
499 | sale, together with any other funds available and intended for |
500 | the purposes of the issue, will be sufficient to cover all costs |
501 | of the undertaking and of preparing and marketing the issues or |
502 | anything connected therewith. |
503 | (c) Determine that the annual revenues anticipated from |
504 | the undertaking will be sufficient to pay the estimated annual |
505 | cost of maintaining, repairing, operating, and replacing, to any |
506 | necessary extent, not only the undertaking but also the punctual |
507 | payment of the principal of, and interest on, the contemplated |
508 | certificates. |
509 | (d) Specify these determinations in and include the |
510 | supporting estimates as parts of the resolution providing for |
511 | the issue. |
512 | (4) The board may, as to any issue of revenue |
513 | certificates, engage the services of a corporate trustee for the |
514 | issue and may treat any or all costs of carrying out the trust |
515 | agreement as part of the operating costs of the undertaking for |
516 | which the certificates are issued. |
517 | (5) The board shall from time to time establish such |
518 | rentals, rates, and charges, or shall by agreement maintain such |
519 | control thereof, as to meet punctually all payments on the |
520 | undertaking and its maintenance and repair, including reserves |
521 | therefor, and for depreciation and replacement. |
522 | (6) Revenue certificates may be issued for the purposes of |
523 | funding, refunding, or both. |
524 | (7) All revenue certificates issued pursuant hereto shall |
525 | be negotiable instruments for all purposes. |
526 | (8) Validation of certificates of indebtedness shall be in |
527 | accordance with chapter 75, Florida Statutes. |
528 | Section 12. Transfer upon cessation of the board.--Should |
529 | the board cease to exist or to operate for whatever reason, all |
530 | property of whatever kind shall forthwith become the property of |
531 | the city, subject to the outstanding obligations of the board |
532 | incurred in conformity with all of the foregoing provisions, and |
533 | the city shall use this property to the maximum extent then |
534 | practicable for effectuating the purpose hereof and shall |
535 | succeed to and exercise only such powers of the board as shall |
536 | be necessary to meet outstanding obligations of the board and |
537 | effect an orderly cessation of its powers and functions; |
538 | however, under no circumstances shall the city directly or |
539 | indirectly be obligated to pledge or use any of its tax moneys |
540 | to accomplish these functions. |
541 | Section 13. Freeholders and qualified electors |
542 | referendum.--Elections called after increasing or decreasing the |
543 | boundaries of the downtown area in accordance with section 4 of |
544 | this act shall be held in accordance with the following |
545 | referendum provisions; provided, however, that no provision of |
546 | this act shall require the approval of freeholders and qualified |
547 | electors in an area which has previously approved of the |
548 | provisions of this act by any referendum held hereinunder, |
549 | unless there is involved a decrease in the boundaries of the |
550 | downtown area. |
551 | (1) For the purposes of this referendum, the city clerk |
552 | shall work with the county supervisor of elections to perform |
553 | all things necessary to carry out the provisions of this |
554 | section. |
555 | (2) Within 30 days after this act becoming a law of this |
556 | state, the Clerk of the City of Daytona Beach shall compile a |
557 | list of the names and the last known addresses of the |
558 | freeholders and qualified electors in the downtown area from the |
559 | voter registration rolls of the County of Volusia and the same |
560 | shall constitute the registration list for the purposes of the |
561 | referendum herein, except as hereinafter provided. |
562 | (3) Within the time period specified in subsection (2), |
563 | the clerk shall notify the freeholders and qualified electors of |
564 | the general provisions of this act, the dates of the upcoming |
565 | referendum, and the method provided for additional registration |
566 | should the status of the freeholder or qualified elector have |
567 | changed from that obtained from the county supervisor of |
568 | elections. Notification hereunder shall be by registered or |
569 | certified mail and published one time in the Daytona Beach News- |
570 | Journal or another major newspaper of general circulation within |
571 | the time period provided in subsection (2). |
572 | (4) The voter registration lists shall remain open until |
573 | 30 days after the notifications provided in subsection (3). |
574 | (5) Within 30 days after the closing of the registration |
575 | list, the clerk shall have a secret and direct ballot of the |
576 | freeholders and qualified electors by providing a certified |
577 | voting machine at the City Hall of the City of Daytona Beach, |
578 | between the legal hours of voting in normal municipal elections, |
579 | and shall place the date of this election in the original |
580 | notification and, additionally, the day after the registration |
581 | list is closed, shall mail to all eligible voters additional |
582 | notification of the time and place of said election. Within 1 |
583 | day after holding said election, the clerk shall certify the |
584 | results thereof to the City Commission of Daytona Beach. Any |
585 | person voting who has knowledge that he or she is not a |
586 | freeholder or qualified elector as defined by this act shall be |
587 | guilty of perjury and shall be prosecuted and upon conviction, |
588 | punished in accordance with the provisions of the laws of this |
589 | state. |
590 | (6) The freeholders and qualified electors shall be deemed |
591 | to have approved any amendment to the boundaries of the downtown |
592 | area at such time as the clerk certifies to the City Commission |
593 | of Daytona Beach that in excess of 50 percent of those voting |
594 | were in favor of the amendment. |
595 | (7) For the purposes of this act, one vote shall be |
596 | allowed for each individual who is a freeholder or qualified |
597 | elector within the downtown area defined in this act and by the |
598 | Constitution and laws of the State of Florida. Joint and several |
599 | owners of property shall be allowed to cast one ballot each. |
600 | (8) A repeal referendum may be called by petition of the |
601 | freeholders and qualified electors representing at least 30 |
602 | percent of the freeholders and qualified electors in the |
603 | downtown area qualified to vote for the purpose of abolishing |
604 | the board and repealing this act. Upon the receipt of such a |
605 | petition for a repeal referendum by the city clerk, a referendum |
606 | election shall be called by the city clerk and shall be held |
607 | under the procedures as specified in this section. If the repeal |
608 | shall fail, there shall be no additional repeal referendum made |
609 | by petition at any time until 1 year after the certification of |
610 | the results of the previous referendum by the clerk. |
611 | (9) The elections to be held under this act shall be held |
612 | in accordance with the election laws of the City of Daytona |
613 | Beach, sections 22 through 26 of the charter, insofar as |
614 | possible. The board shall be billed for the cost of the election |
615 | by the City of Daytona Beach. |
616 | Section 14. Persons eligible to vote.--In order to afford |
617 | a fair and equal opportunity to all persons directly or |
618 | indirectly affected by the creation of a downtown development |
619 | authority in the City of Daytona Beach, all freeholders, as |
620 | defined in this act, as well as qualified electors or voters, |
621 | within the downtown area as described herein, are eligible to |
622 | vote as provided in this act. |
623 | Section 15. Millage limitations.--This act provides for |
624 | the establishment of a special taxing district under s. 9, Art. |
625 | VII of the Florida Constitution and the millage limitations are |
626 | specified within this act as authorized by the constitution. |
627 | However, should any court construe this act to be within the 10- |
628 | mill limitation of the city or 10-mill limitation of the county, |
629 | then all provisions of this act shall be null and void, and this |
630 | act shall be repealed. |
631 | Section 16. Special assessments.--To further finance the |
632 | improvements authorized by this act, the Daytona Beach Downtown |
633 | Development Authority Board is authorized to provide for payment |
634 | of all or any part of the cost thereof by levying and collecting |
635 | special assessments on property benefited by such improvements. |
636 | Such special assessments shall be levied based on the benefits |
637 | or advantages that reasonably may result to the property or to |
638 | the owners thereof from the improvement contemplated and may be |
639 | computed by the front footage of the benefited property, by the |
640 | area benefited, by the distance from the improvements, or by any |
641 | combination of these methods. The board shall declare by |
642 | resolution the nature of the proposed improvements; designate |
643 | the streets, sidewalks, or other properties to be improved and |
644 | paid by special assessments; the manner in which said special |
645 | assessments are to be paid; what part, if any, of said special |
646 | assessments shall be paid by other funds; designate the lands |
647 | upon which special assessments shall be levied; and state the |
648 | total estimated cost of the improvements. Such estimated cost |
649 | may include the cost of construction or reconstruction; all |
650 | labor and materials; all lands, rights, easements, and |
651 | franchises acquired; financing charges and interest prior to, |
652 | during, and for up to 1 year after completion of construction; |
653 | plans and specifications and surveys of estimates, costs, and |
654 | revenues; engineering and legal services; and all other expenses |
655 | necessary or instant to determining the feasibility or |
656 | practicality of such construction or reconstruction, |
657 | administrative expenses, and such other expenses as may be |
658 | necessary or instant to the financing herein authorized. |
659 | (1) Upon enactment of the resolution, the board shall |
660 | cause to be prepared a preliminary assessment provided for in |
661 | the resolution. The board may contract with the City of Daytona |
662 | Beach or the County of Volusia to prepare the assessment roll. |
663 | The assessment roll shall contain property descriptions and |
664 | preliminary assessments of costs against each lot or parcel of |
665 | land benefiting from such improvement. |
666 | (2) Upon completion of the preliminary assessment roll, |
667 | the board shall cause to be published once in a newspaper of |
668 | general circulation, published in the City of Daytona Beach, a |
669 | notice stating that such a preliminary assessment roll has been |
670 | completed and is on file at the Courthouse Annex of the County |
671 | of Volusia or City Hall of the City of Daytona Beach and is open |
672 | to public inspection, and at a regular meeting of the board on a |
673 | certain day and hour, not later than 15 days after said |
674 | publication, the board will hear all interested persons |
675 | regarding the proposed assessments contained in the preliminary |
676 | assessment roll, which notice shall further state in brief and |
677 | general terms a description of the improvement with the location |
678 | thereon. |
679 | (3) At least 15 days prior to the date of such hearing, |
680 | notice by first class mail shall be sent to each person whose |
681 | name and address appears in the most recent ad valorem real |
682 | property tax rolls prepared by the property appraiser of the |
683 | County of Volusia, who is the owner of any lot or parcel of land |
684 | assessed, advising him or her of the nature of the proposed |
685 | improvements, the estimated cost thereof, the specific amount of |
686 | assessment made against each lot or parcel of land so owned by |
687 | him or her or listed in his or her name, and the place, date, |
688 | and time of the hearing upon the assessments as hereinbefore |
689 | provided. |
690 | (4) On or after the hearing provided for in this act, the |
691 | board shall annul, sustain, or modify in whole or in part the |
692 | preliminary assessment indicated on the preliminary assessment |
693 | roll, either by confirming the preliminary assessment against |
694 | any or all lots or parcels described therein, or by canceling, |
695 | increasing, or reducing the same, according to the benefits |
696 | which the board decides may reasonably result or have resulted |
697 | to each lot or parcel by virtue of said improvement, but shall |
698 | not confirm any assessment in excess of the benefit to the |
699 | property assessed. Immediately after the determination of |
700 | special assessments as hereinbefore provided, the special |
701 | assessment roll, as sustained or modified, shall be delivered to |
702 | the Finance Department of the County of Volusia for collection |
703 | pursuant to provisions of state law. The board's determination |
704 | of special assessment shall be final and conclusive. |
705 | (5) Such special assessment shall become due and payable |
706 | no later than 30 days after the final determination of the |
707 | special assessments as hereinbefore provided, or at the time and |
708 | in the manner stipulated in the resolution providing for the |
709 | improvements. The special assessments shall remain liens, |
710 | coequal with the lien of all state, county, district, and |
711 | municipal taxes, superior in dignity to all other liens, titles, |
712 | and claims until paid. The special assessments may, by the |
713 | resolution aforesaid, be made payable in not more than 10 equal |
714 | annual installments, to which, if not paid when due, there shall |
715 | be added a penalty at the rate of 1 percent per month until |
716 | paid. |
717 | (6) After the equalization, approval, and confirmation of |
718 | the levying of the special assessments for improvements as |
719 | provided herein, and as soon as a contract for the improvements |
720 | has been finally let, the board may by resolution or ordinance |
721 | authorize the issuance of bonds, to be designated "Improvement |
722 | Bonds, Series No. ________", in an amount not in excess of the |
723 | aggregate amount of the liens levied for such improvements. Said |
724 | bonds shall be payable from a special and separate fund to be |
725 | known as the "Improvement Fund, Series No. ________", which |
726 | shall be used solely for the payment and principal interest of |
727 | said "Improvement Bond, Series No. ________" and for no other |
728 | purpose. Said fund shall be deposited in a separate account with |
729 | the City of Daytona Beach, and all the proceeds collected by the |
730 | Finance Department of the County of Volusia from the principal, |
731 | interest, and penalties of said lien shall be deposited and held |
732 | in such funds. Said bonds shall mature not later than 2 years |
733 | after the maturity of the last installment of said liens. Said |
734 | bonds shall bear certificates signed by the chair of the |
735 | authority certifying that the amount of lien levied, the |
736 | proceeds of which are pledged to the payment of said bonds, are |
737 | equal to the amount of the bonds issued. The bonds issued may be |
738 | delivered to the contractor in payment of his or her work or may |
739 | be sold at public or private sale for not less than par and |
740 | accrued interest, the proceeds to be used in paying for the cost |
741 | of the work. Said bonds shall not be a charge or payable out of |
742 | the general revenues of the authority, but shall be payable |
743 | solely out of the assessments, installments, interest, and |
744 | penalties arising under this act. Any surplus remaining after |
745 | payment of all bonds and interest thereon shall revert to the |
746 | board and be used for any board purposes as it may designate. |
747 | (7) The special assessments herein described may be |
748 | administered by the City of Daytona Beach or the Finance |
749 | Department of the County of Volusia, pursuant to the provisions |
750 | of law. |
751 | Section 4. The provisions of this act, being desirable for |
752 | the welfare of the city and its inhabitants, shall be liberally |
753 | construed to effectuate the purposes herein provided. |
754 | Section 5. Chapters 72-520, 77-537, 79-446, and 80-493, |
755 | Laws of Florida, are repealed. |
756 | Section 6. This act shall take effect upon becoming a law. |