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31 | Laws of Florida, are amended, codified, reenacted, and repealed |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