HB 0711 2004
   
1 A bill to be entitled
2          An act relating to the St. Lucie County Erosion District;
3    providing for codification of special laws relating to the
4    district; amending, codifying, reenacting, and repealing
5    all prior special acts; preserving current authority;
6    providing definitions; providing the board of the district
7    shall be the St. Lucie County Commission; providing for
8    meetings and applicability of chapter 189, Florida
9    Statutes; providing district powers; providing that
10    employees of the district shall be considered employees of
11    St. Lucie County; providing that contracts for services,
12    supplies, and materials shall be entered into as provided
13    by the charter and general law; providing district board
14    authorization to amend, abolish, or consolidate existing
15    district zone boundaries and determine benefits for the
16    purpose of levying ad valorem taxes; providing district
17    board authorization to levy and collect non-ad valorem
18    assessments; providing district board authorization for
19    issuance of bonds pursuant to general law and this act;
20    providing that the purchase of commodities and services
21    shall be in accordance with the purchasing policies of St.
22    Lucie County; providing for severability; repealing
23    chapters 67-2001 and 97-354, Laws of Florida; providing an
24    effective date.
25         
26          Be It Enacted by the Legislature of the State of Florida:
27         
28          Section 1. Pursuant to section 189.429, Florida Statutes,
29    this act constitutes the codification of all special acts
30    relating to the St. Lucie County Erosion District, located in
31    St. Lucie County. It is the intent of the Legislature to provide
32    a single, comprehensive special act charter for the district,
33    including all current legislative authority granted to the
34    district by its several legislative enactments and any
35    additional authority granted by this act, chapter 189, Florida
36    Statutes, and chapters 67-2001 and 97-354, Laws of Florida, as
37    amended from time to time. It is further the intent of this act
38    to preserve all district authority, including the authority to
39    annually assess and levy against the taxable property in the
40    district.
41          Section 2. Chapters 67-2001 and 97-354, Laws of Florida,
42    are amended, codified, reenacted, and repealed as herein
43    provided.
44          Section 3. The St. Lucie County Erosion District is re-
45    created and the charter for the district is re-created and
46    reenacted to read:
47          Section 1. Popular name.--This act may be known by the
48    popular name the "St. Lucie County Erosion District Act."
49          Section 2. Legislative statement.--It is hereby declared
50    as a matter of legislative determination that tidal waves and
51    currents, high waters, floodwaters, and other causes have given
52    rise to soil and beach erosion problems in St. Lucie County and
53    that it is the intent and purpose of this act to provide means
54    to alleviate such conditions in the county.
55          Section 3. Definitions.--As used in this act, unless the
56    context otherwise requires:
57          (1) "District" means the St. Lucie County Erosion
58    District.
59          (2) "County board" means the Board of County Commissioners
60    of St. Lucie County.
61          (3) "District board" or "board" means the Board of County
62    Commissioners of St. Lucie County constituting the governing
63    body of said district.
64          (4) "Erosion prevention facilities" means and includes any
65    seawalls, groins, pumping stations, breakwaters, dams,
66    bulkheads, fills, floodways, or any and all other works or
67    structures of any type whatsoever necessary or useful in the
68    protection of the lands, including beaches, within said district
69    from tidal waves, tidal currents, high waters, floodwaters, and
70    other causes of beach and soil erosion, and any other purposes
71    appurtenant, necessary, or incidental thereto, and shall include
72    all real and personal property and any interests therein,
73    rights, easements, and franchises of any nature whatsoever
74    relating to any such erosion prevention facilities and necessary
75    or convenient for the construction, acquisition, reconstruction,
76    improvement, operation, and maintenance thereof.
77          (5) "Cost" as applied to erosion prevention facilities
78    includes the cost of construction, reconstruction, acquisition,
79    improvement, operation, or maintenance of said facilities; the
80    cost of all labor, materials, machinery, and equipment; the cost
81    of all lands and interest therein, real or personal property,
82    rights, easements, and franchises of any nature whatsoever;
83    financing charges; interest prior to and during construction and
84    after the completion of the acquisition, construction,
85    reconstruction, or improvement of such erosion prevention
86    facilities; the creation of initial reserve or debt service
87    funds; bond discount, if any; cost of plans and specifications,
88    surveys, and estimates of costs and revenues; cost of
89    engineering, financial, and legal services; all other expenses
90    necessary or incidental in determining the feasibility or
91    practicability of such acquisition, construction,
92    reconstruction, or improvement; and administrative expenses and
93    such other expenses as may be necessary or incidental to
94    financing authorized by this act, including reimbursement of the
95    county or any other person, firm, or corporation for any moneys
96    advanced to said district for any expenses incurred by said
97    district in connection with any of the foregoing items of cost,
98    or the creation of such district.
99          (6) "Secretary/treasurer" means the Clerk of the Circuit
100    Court of St. Lucie County, who shall serve ex officio as
101    secretary and treasurer of the erosion district. The treasurer
102    shall be the custodian of all funds belonging to the board and
103    the erosion district, and such funds may be disbursed only upon
104    the order of the board, signed by the secretary and
105    countersigned by the chair of the board. The board is authorized
106    to select as a depository any bank or trust company organized
107    under the laws of the United States or the state and authorized
108    pursuant to general law to accept deposit of county funds. Such
109    funds shall be deposited by the treasurer in such depository
110    upon such terms and conditions as the board may deem just and
111    reasonable, and may be deposited in the name of St. Lucie County
112    as long as they are properly accounted for by the treasurer.
113          (7) "Bonds" means any evidence of indebtedness issued and
114    delivered by the district for consideration and includes,
115    without limitation, revenue bonds, general obligation bonds,
116    limited tax bonds, non-ad valorem assessment bonds, notes, and
117    other obligations.
118          (8) "Non-ad valorem assessments" means only those
119    assessments which are not based upon millage and which can
120    become a lien against a homestead as permitted in section 4,
121    Article X of the State Constitution.
122          Section 4. District establishment; status; powers.--There
123    is hereby created and established in St. Lucie County a
124    dependent special district, to be known as the St. Lucie County
125    Erosion District. The district is a body corporate and politic,
126    exercising essential governmental functions for the purposes
127    hereinafter set forth. The district’s powers shall include the
128    power to sue; to contract; to adopt and use a corporate seal and
129    alter the same; to purchase, hold, lease, or otherwise acquire
130    and convey such real property and personal property and
131    interests therein; and any other authority granted by chapter
132    189, Florida Statutes, or other applicable general law, as they
133    may be amended from time to time, as may be necessary or proper
134    to carry out the purposes of this act.
135          Section 5. Boundaries.--The territorial boundaries of the
136    district shall coincide with the territorial boundaries of St.
137    Lucie County and shall include all lands and property within the
138    county, including lands and property within incorporated areas
139    of the county, within any district in the county, and within the
140    unincorporated area of the county.
141          Section 6. Governing board; creation; organization.--The
142    governing body of the St. Lucie County Erosion District shall be
143    known and designated as the "Board of Commissioners of the St.
144    Lucie County Erosion District," and shall be made up ex officio
145    of the five county commissioners of St. Lucie County, who shall
146    serve ex officio as the governing body. The chair and vice chair
147    shall each hold office at the will of the board and until their
148    successor is duly elected by the board. The chair and vice chair
149    serving at the time of the effective date of this act shall
150    continue to serve until their terms expire and their successors
151    are duly elected. The chair shall preside at all meetings of the
152    district and perform such duties as the district may prescribe.
153    The vice chair shall perform the duties of the chair in the
154    absence of the chair. The board shall hold at least one regular
155    meeting per month. Special meetings shall be held pursuant to
156    chapter 189, Florida Statutes, as it may be amended from time to
157    time. In the event of a bona fide emergency, a meeting to deal
158    with the emergency may be held as necessary, with reasonable
159    notice, so long as it is subsequently ratified by the board.
160    Three members of the board shall constitute a quorum to transact
161    business.
162          Section 7. District powers.--The district board for and on
163    behalf of the district, in addition to and supplementing other
164    powers granted in this act, and any other applicable general
165    law, is hereby authorized and empowered:
166          (1) To adopt rules and regulations for its own government
167    and proceedings and to adopt an official seal for the district
168    and for complete exercise of jurisdiction and control over
169    district operations, projects, and facilities.
170          (2) To employ engineers, attorneys, accountants, financial
171    or other experts, and such other agents and employees as the
172    district board may require or deem necessary to effectuate the
173    purposes of this act, or to contract for any of such services.
174    All employees of the district shall be considered employees of
175    St. Lucie County who shall be assigned to the district, and
176    whose salary and other costs of employment shall be paid by the
177    county from funds held on behalf of the district. Such
178    employees, except collective bargaining unit employees, shall be
179    subject to the personnel rules and regulations and shall
180    participate in the employee benefit and retirement benefit plans
181    of St. Lucie County. Collective bargaining unit employees of the
182    district shall be members of a collective bargaining unit of St.
183    Lucie County employees pursuant to general law.
184          (3) To acquire, construct, reconstruct, improve, operate,
185    or maintain erosion prevention facilities in and for the
186    district, including the acquisition of any erosion prevention
187    facilities constructed by any person, firm, corporation, or
188    other body, or partially constructed by any person, firm,
189    corporation, or other body, and the completion of such erosion
190    prevention facilities by such district; to have the exclusive
191    control and jurisdiction of such erosion prevention facilities;
192    and to issue its bonds to pay all or any part of the cost of
193    such acquisition, construction, reconstruction, improvement,
194    operation, or maintenance of such erosion prevention facilities.
195          (4) To levy and assess ad valorem taxes without limitation
196    of rate or amount on all taxable property within said district
197    for the purpose of paying the principal of and interest on any
198    bonds issued pursuant to this act or for the operation and
199    maintenance of such erosion prevention facilities or other
200    corporate purposes of said district.
201          (5) To assess, levy, and collect non-ad valorem
202    assessments upon property within the district as authorized by
203    this act and chapters 189 and 197, Florida Statutes, as they may
204    be amended from time to time.
205          (6) To regulate the acquisition, construction,
206    reconstruction, improvement, or maintenance of erosion
207    prevention facilities within the district, and to grant or deny
208    permits for the construction of any erosion prevention
209    facilities in the district. However, if the erosion prevention
210    facilities are to be located in whole or in part within the
211    territorial boundaries of any municipality, the approval of the
212    governing body of such municipality shall also be obtained
213    before the issuance by the district of a permit for the
214    construction of such erosion prevention facilities. The district
215    shall have authority to enjoin any unauthorized construction or
216    work done which does not comply with any permit issued in any
217    court of competent jurisdiction, and a certified copy of the
218    resolution of the district denying a permit for such
219    construction shall constitute prima facie evidence in all courts
220    that such construction would be detrimental to the prevention of
221    erosion.
222          (7) To enter upon any lands, either within or without the
223    district, through its officials, agents, or employees, or
224    through contractors and their officials, agents, or employees in
225    the performance of work or services for the district, in order
226    to make surveys and examinations to accomplish the necessary
227    purposes of the district, including preliminary surveys and
228    other work. The district shall be liable for any actual damages
229    done in connection therewith, and no unnecessary damage shall be
230    done. The provisions of this subsection may be enforced by the
231    district in any court of competent jurisdiction.
232          (8) To acquire in the name of the district by purchase,
233    gift, or the exercise of the right of eminent domain such lands
234    and rights and interest therein, including lands under water and
235    riparian rights, and to acquire such personal property as it may
236    deem necessary in connection with the acquisition, construction,
237    reconstruction, improvement, maintenance, or operation of such
238    erosion prevention facilities and to hold and dispose of all
239    real and personal property under its control.
240          (9) To exercise exclusive jurisdiction, control, and
241    supervision over any erosion prevention facilities owned,
242    operated, and maintained by the district and to make and enforce
243    such rules and regulations for the maintenance and operation of
244    such erosion prevention facilities as in the judgment of the
245    district board are necessary or desirable for the efficient
246    operation of such erosion prevention facilities in accomplishing
247    the purposes of this act.
248          (10) To acquire, hold, and improve beachfront lands as a
249    part of erosion prevention facilities, and to operate such
250    beachfront lands for public purposes, including public bathing
251    facilities, and to comply with any agreements made with the
252    Federal Government relative to such beachfront lands for which
253    financial assistance has been given to the district by the
254    Federal Government.
255          (11) To join with any other districts, cities, towns,
256    counties, or other political subdivisions, public agencies, or
257    authorities in the exercise of common powers.
258          (12) To enter into contracts for the purchase of services,
259    supplies, materials, and equipment pursuant to this act and
260    general laws, as they may be amended from time to time.
261          (13) Subject to such provisions and restrictions as may be
262    set forth in the resolution authorizing or securing any bonds
263    issued under the provisions of this act, to enter into contracts
264    or agreements with the United States or any agency or
265    instrumentality thereof, the state or any agency or
266    instrumentality thereof, or any county, municipality, district,
267    authority, or political subdivision, private corporation,
268    partnership, association, or individual providing for or
269    relating to erosion prevention facilities and any other matters
270    relevant thereto or otherwise necessary to effect the purposes
271    of this act, and to receive and accept from the United States,
272    or any agency or instrumentality thereof, the state or any
273    agency or instrumentality thereof, or any other public body,
274    grants or loans for or in aid of the planning, construction,
275    reconstruction, improvement, or financing of any erosion
276    prevention facilities and to receive and accept aid or
277    contributions or loans from any other source of either money,
278    property, labor, or other things of value, to be held, used, and
279    applied only for the purpose for which such grants,
280    contributions, or loans may be made. The district shall have
281    power to provide funds in order to qualify for financial and
282    other assistance by federal, state, or other governmental
283    agencies or political subdivisions and to do and perform all
284    acts necessary to obtain any required federal or state permits
285    for the carrying out of the purposes provided in this act, and
286    to adopt all proceedings and perform all acts necessary to
287    comply with and perform all such contracts or agreements
288    referred to in this subsection.
289          (14) To rent, lease, and sell, exchange, transfer, or
290    otherwise dispose of, or to grant options for any such purposes
291    with respect to any real or personal property or interest
292    therein.
293          (15) To make and execute financing agreements, lease-
294    purchase agreements, contracts, deeds, and other instruments
295    necessary or convenient to the exercise of its powers and
296    functions, including contracts with persons, firms,
297    corporations, and federal, state, and local governmental
298    agencies and instrumentalities, and to cooperate with such
299    persons with reference to any of the powers hereby granted.
300          (16) To provide adequate insurance on all real and
301    personal property, equipment, employees, and other personnel.
302          (17) To do all other acts and things necessary or proper
303    in the exercise of the powers herein granted.
304          Section 8. Ad valorem assessments; zones.--
305          (1) It is hereby found, determined, and declared that all
306    of the lands and real estate within the district will be
307    benefited by the acquisition, construction, improvement, or
308    maintenance of erosion prevention facilities authorized by this
309    act, and the full faith and credit and ad valorem taxing power
310    of the district, without limitation as to rate or amount, shall
311    be pledged for the payment of the principal of and interest on
312    any bonds issued by the district pursuant to this act. It is
313    further found, determined, and declared that for the purposes of
314    the levy and collection of ad valorem taxes within the district,
315    the lands and real estate therein are classified and divided
316    into five zones which are hereby designated as Zones A, B, C, D,
317    and E, with the zones having the following boundaries:
318          (a) Zone A: Beginning at the intersection of the south
319    line of section 7, township 35 south, range 41 east and the
320    Atlantic Ocean; thence northeasterly along the Atlantic Ocean to
321    the centerline of the Fort Pierce ship channel; thence
322    southwesterly along the centerline of said channel to the
323    centerline of the intracoastal waterway; thence southeasterly
324    along said centerline to its intersection with the south line
325    of section 12, township 35 south, range 40 east extended; thence
326    east along said extension and the south line of said section 12
327    to the southeast corner of said section 12; thence east along
328    the south line of section 7, township 35 south, range 41 east to
329    the point of beginning.
330          (b) Zone B: Beginning at the intersection of the south
331    line of section 7, township 35 south, range 41 east and the
332    Atlantic Ocean; thence southeasterly along the Atlantic Ocean to
333    the south line of section 22, township 36 south, range 41 east;
334    thence west along the south line of said section 22 and the
335    extension thereof to the centerline of the intracoastal
336    waterway; thence northwesterly along the centerline of the
337    intracoastal waterway to its intersection with the south line of
338    section 12, township 35 south, range 40 east extended; thence
339    east along said extension and the south line of said section 12
340    to the southeast corner of said section 12; thence east along
341    the southline of section 7, township 35 south, range 41 east to
342    the point of beginning.
343          (c) Zone C: Except for lands in Zones A and B, all lands
344    east of a line beginning on the north county line at the
345    northwest corner of section 3, township 34 south, range 38 east;
346    thence south to the southwest corner of section 34, township 34
347    south, range 38 east; east to the southeast corner of section
348    35, township 34 south, range 38 east; south to the southwest
349    corner of section 12, township 36 south, range 38 east; east to
350    the northwest corner of section 15, township 36 south, range 39
351    east; south to the southwest corner of section 34, township 37
352    south, range 39 east, at the south county line.
353          (d) Zone D: All lands in St. Lucie County west of Zone C.
354          (e) Zone E: All lands within District boundaries.
355          (2) It is further hereby found, determined, and declared
356    that as between the lands and real estate located within said
357    Zones A to D, inclusive, the percentages of the total benefits
358    which such lands and real estate located within such zones will
359    receive from the acquisition, construction, reconstruction,
360    improvement, or maintenance of the erosion prevention facilities
361    authorized by this act are as follows:
362          (a) Zone A: Five and nine-tenths percent.
363          (b) Zone B: One and three-tenths percent.
364          (c) Zone C: Eighty-three and four-tenths percent.
365          (d) Zone D: Nine and four-tenths percent.
366          (3) As authorized by subsection (5), Zone E, created
367    pursuant to County Commission Resolution 97-05, was established
368    for the purpose of funding the district’s share of the costs of
369    the United States Army Corp of Engineers Fort Pierce Florida
370    Shore Protection Project and future projects for which the board
371    determines the lands and real estate within Zone E receive 100
372    percent of project benefits.
373          (4) Any ad valorem taxes assessed by the district for the
374    payment of debt service or reserves on bonds or other
375    obligations issued by the district or for the operation and
376    maintenance of the erosion prevention facilities and other
377    corporate purposes of the district shall be levied in each zone
378    in ratio to the percentage of benefits set out above for said
379    Zones A through D, inclusive, and, of the total amount of such
380    ad valorem taxes levied on the taxable property in the district
381    at any time, the separate amounts to be levied in each of such
382    zones shall be the percentage set out for such zones above of
383    such total amount. In the event that the full amounts of taxes
384    levied in any zone shall not be collected in any year, the
385    deficit shall be paid from general funds of the district or
386    shall be levied in the succeeding year on all taxable property
387    of the entire district, and the district shall be mandatorily
388    obligated to levy and collect ad valorem taxes without
389    limitations as to rate or amount on all taxable property in the
390    entire district to the full extent necessary to pay all
391    principal of and interest on any bonds or other obligations
392    issued by the district, or such operation and maintenance and
393    other corporate purposes of the district. The amount of any
394    deficit in collections in any zone in any year shall, however,
395    notwithstanding that such deficit may have been made up from
396    general funds of the district or from ad valorem taxes levied on
397    all taxable property in the entire district, be levied in each
398    succeeding year on all taxable property in the zone in which
399    such deficit occurs until such deficit has been made up in full
400    and all amounts reimbursed to the general funds of the district
401    or to the owners of taxable property in other zones for payments
402    made on account of such deficits, it being the express intent of
403    this act as far as the payment of debt service on any bonds or
404    other obligations of the district or such operation and
405    maintenance and other corporate purposes of the district are
406    concerned, the entire taxable property in all of the district
407    shall be subject to the levy of ad valorem taxes without limit
408    as to rate or amount for the full payment of all such debt
409    service and operation and maintenance and other corporate
410    purposes of said district, but that as between the zones within
411    such entire district, the district shall continue to levy and
412    relevy sufficient ad valorem taxes on the taxable property in
413    the zone in which a deficit occurs until any amounts which may
414    have been previously paid by any other zone to make up such
415    deficit have been paid in full. Any reimbursement to the owners
416    of taxable property of any zone for amounts collected in such
417    zone for any deficits in any other zone may be in the form of
418    reductions in the amount of taxes to be collected in such zone,
419    but only after the amount of such reimbursement shall be
420    available in cash for application to debt service on such bonds
421    or other obligations or for the operation and maintenance or
422    other corporate purposes of the district.
423          (5) Upon the effective date of this act, the district
424    board shall be authorized to amend by resolution existing zone
425    boundaries, abolish or consolidate existing zones, create new
426    zones, and determine the percentage benefit accruing to lands
427    within said zones as a result of district projects, programs,
428    and activities. Any ad valorem taxes levied for district
429    purposes shall be levied in each zone in proportion to the
430    percentage of benefits determined by the board for the new,
431    amended, or consolidated zones.
432          (6) All such taxes shall be levied and collected as a
433    separate special tax and the county board, as the governing body
434    of such district, shall certify in each year to the property
435    appraiser of the county the total amount of the ad valorem taxes
436    to be levied in such district and the separate amount to be
437    levied in each of said zones in each year and the said property
438    appraiser shall levy and collect such special taxes at the same
439    time and in the same manner as other general county taxes are
440    collected. Such taxes, when collected by the county tax
441    collector, shall be paid and turned over to the proper officials
442    of the district for application in the manner provided in this
443    act.
444          Section 9. Non-ad valorem assessments.--The board is
445    hereby authorized and empowered by resolution to assess, levy,
446    and collect non-ad valorem assessments for the acquisition,
447    construction, reconstruction, rehabilitation, development,
448    improvement, maintenance, repair, management, or operation of
449    district facilities authorized by this act pursuant to chapters
450    189 and 197, Florida Statutes, as they may be amended from time
451    to time. Such assessments shall be levied only on benefited real
452    property at a rate based upon the special benefit accruing to
453    such property from the acquisition, construction,
454    reconstruction, rehabilitation, development, improvement,
455    maintenance, repair, management, or operation. Cost may include
456    the cost of all labor and materials, the cost of all lands,
457    property rights, easements, and franchises acquired, expenses
458    associated with the issuance of bonds secured in whole or in
459    part by non-ad valorem assessments, including, but not limited
460    to, financing charges, the establishment of reasonable reserves
461    and/or the purchase of insurance and surety bonds, interest
462    prior to and during construction and for 1 year after completion
463    of construction, discount on the sale of bonds, costs of plans
464    and specifications, surveys of estimates of costs and revenues,
465    cost of engineering, financial and legal services, and all other
466    expenses necessary or incidental to determining the feasibility
467    or practicability of the undertaking, administrative expense,
468    and such other expense as may be necessary or incidental to the
469    financing authorized by this act. Non-ad valorem assessments
470    shall be liens, coequal with the lien of all state, county,
471    district, and municipal taxes, superior in dignity to all other
472    liens, titles, and claims, until paid, shall bear interest at
473    the rate prescribed by law for ad valorem taxes, and shall be
474    levied and collected using the procedures provided in chapter
475    197, Florida Statutes, as it may be amended from time to time,
476    or such other method as the district may prescribe.
477          Section 10. Bond issuance.--
478          (1) The district board for and on behalf of the district
479    is authorized to provide by resolution from time to time for the
480    issuance of general obligation bonds, limited tax revenue bonds,
481    revenue bonds, and non-ad valorem assessment bonds to pay all or
482    part of the cost of acquisition, construction, reconstruction,
483    rehabilitation, development, or improvement of any projects,
484    facilities, or activities provided for in this act, or for the
485    purpose of refunding any such bonds of the district which are
486    then outstanding, including any redemption premium thereon and
487    any interest accrued or to accrue to the date of redemption. The
488    district board shall also have the authority to provide by
489    resolution for the issuance of other obligations to pay all or
490    part of the cost of maintenance, repair, management, or
491    operation of district projects, facilities, or activities.
492    However, the issuance of general obligation bonds shall have
493    been approved at an election of the qualified electors who
494    reside in such district, such election to be called, noticed,
495    and conducted as provided by law. The bonds of each issue shall
496    be dated, shall bear interest at such rate or rates as shall not
497    exceed the maximum bond interest rate provided by general law,
498    shall mature at such time or times not exceeding 40 years from
499    the date or dates of the bonds as may be determined by the
500    board, and may be redeemable before maturity, at the option of
501    the board, under such terms and conditions and at such prices as
502    may be fixed by the board prior to the issuance of such bonds.
503    The board shall determine the form of such bonds, including any
504    interest coupons to be attached thereto, and shall fix the
505    denomination or denominations of such bonds and the place or
506    places of payment of principal and interest, which may be at any
507    bank or trust company within or without the state. Such
508    authorizing resolution may further provide that such bonds may
509    be executed manually or by the engraved, lithographed, or
510    facsimile signature of the chair of the board. The seal of the
511    district may be affixed or lithographed, engraved, or otherwise
512    reproduced in facsimile on such bonds and shall be attested by
513    the manual or facsimile signature of the secretary or treasurer
514    of the district; provided, however, that the signature of at
515    least one of the officials executing such bonds, including the
516    registrar authenticating such bonds, shall be a manual
517    signature. In case any officer who executes such bonds shall
518    cease to be such officer before the delivery of such bonds, such
519    officer's manual signature or facsimile signature shall
520    nevertheless be valid and sufficient for all purposes the same
521    as if he or she had remained in office until such delivery. Such
522    bonds may be issued in coupon or registered form as the board
523    may determine in such authorizing resolution and provision may
524    be made for the registration of any coupon bonds as to principal
525    alone and also as to principal and interest, and for the
526    reconversion of coupon bonds or of any bond registered as to
527    principal and interest. The board may sell such bonds either at
528    public or private sale and for such price as it may determine to
529    be for the best interests of the district, but no such sale may
530    be made at a price that requires the payment of interest in
531    excess of the maximum bond interest rate provided by general
532    law.
533          (2) The proceeds of the sale of any general obligation
534    bonds, limited tax bonds, revenue bonds, and non-ad valorem
535    assessment bonds shall be used solely for the payment of the
536    costs, including engineering, financial, and legal expenses, of
537    the acquisition, construction, reconstruction, rehabilitation,
538    development, maintenance, or improvement of such facilities or
539    the refunding of bonds outstanding, and proceeds from the
540    issuance of other obligations of the district may additionally
541    be used to pay the costs of repair, management, maintenance, or
542    operation of district facilities. The proceeds of bonds issued
543    under the authority of this section shall be disbursed in such
544    manner and under such restrictions as the board may provide in
545    the authorizing resolution. Prior to the preparation or issuance
546    of definitive bonds, the board may, under like restrictions,
547    issue interim receipts or temporary notes or other forms or such
548    temporary obligations, with or without coupons, exchangeable for
549    definitive bonds when such bonds have been executed and are
550    available for delivery. The board may also provide for the
551    replacement of any bonds which have become mutilated, destroyed,
552    or lost upon proper indemnification.
553          (3) The board may provide that the bonds issued hereunder
554    shall be payable from and secured by a pledge of any one or more
555    of the following sources:
556          (a) Revenues of any one or more district facilities now
557    owned or hereafter acquired or constructed by the district.
558          (b) Proceeds from the sale or lease of all or any part of
559    any district facilities now or hereafter owned by the district,
560    as such facilities may be extended, enlarged, or improved.
561          (c) Any money received by the district from the United
562    States or any agency or instrumentality thereof or from any
563    other governmental agency or person in connection with any
564    district facilities or in repayment of any advances made by the
565    district for all or any part of the cost of any district
566    facilities.
567          (d) The full faith, credit, and taxing power of the
568    district, or limited ad valorem taxes levied by the district,
569    and such bonds may be additionally secured by a pledge of
570    revenues, sale or lease proceeds, or money received by the
571    district from the United States or any agency or instrumentality
572    thereof or other governmental agency or person as herein
573    authorized. The board may provide that such bonds shall be
574    payable as to principal and interest in the first instance from
575    such revenues, sale, or lease proceeds or money received by the
576    district from the United States or any agency or instrumentality
577    thereof or any other person.
578          (e) The proceeds of any sale or lease of district
579    facilities or property, after paying all costs in connection
580    therewith.
581          (f) The proceeds of any non-ad valorem assessments levied
582    pursuant to this act.
583          Section 11. Bond trust agreement.--In the discretion of
584    the board, any bonds issued under the provisions of this act may
585    be secured by a trust agreement by and between the district and
586    a corporate trustee, which may be any trust company or bank
587    having the powers of a trust company within or without the
588    state. Such trust agreement or the resolution providing for the
589    issuance of such bonds may contain such provisions for
590    protecting and enforcing the rights and remedies of the
591    bondholders as may be reasonable and proper and not in violation
592    of law, including covenants setting forth the duties of the
593    district in relation to the acquisition, construction,
594    reconstruction, improvement, maintenance, repair, lease,
595    operation, and insurance of any district projects, facilities,
596    or activities in connection with which such bonds shall have
597    been authorized, the custody, safeguarding, or application of
598    all moneys, and conditions or limitations with respect to the
599    issuance of additional bonds. It shall be lawful for any bank or
600    trust company incorporated under the laws of Florida, which may
601    act as depositary of the proceeds of bonds or of revenues, or
602    other funds, to furnish such indemnifying bonds or to pledge
603    such securities as may be required by the board. Any such trust
604    agreement or resolution may set forth the rights and remedies of
605    the bondholders and of the trustee under any such trust
606    agreement, and may restrict the individual right of action by
607    bondholders. In addition to the foregoing, any such trust
608    agreement or resolution may contain such other provisions as the
609    board may deem reasonable and proper for the security of the
610    bondholders. All expenses incurred in carrying out the
611    provisions of such trust agreement or resolution shall be
612    treated as a part of the costs of the operation of the district
613    facilities.
614          Section 12. Notice of bonds issuance.--Prior to the
615    issuance of any bonds, the district board may, in its
616    discretion, publish a notice at least once in a newspaper
617    published in the County of St. Lucie and circulating in the
618    district stating the date of adoption of the resolution
619    authorizing such bonds and the amount, maximum rate of interest,
620    and maturity of such bonds and the purposes in general terms for
621    which such bonds are to be issued, and further stating that any
622    action or proceeding questioning the validity of such bonds, or
623    of the proceedings authorizing the issuance thereof, or of any
624    covenants made therein, must be instituted within 20 days after
625    the first publication of such notice or the validity of such
626    bonds or of such proceedings or covenants shall not be
627    thereafter questioned in any court whatsoever. If no such action
628    or proceeding is so instituted within such 20-day period, then
629    the validity of such bonds and such proceedings and covenants
630    shall be conclusive, and all persons or parties whosoever shall
631    be forever barred from questioning the validity of such bonds or
632    such proceedings or covenants in any court whatsoever.
633          Section 13. Bond covenants.--All bonds issued hereunder
634    shall be and constitute and have all the qualities and incidents
635    of negotiable instruments under the law merchant and the
636    negotiable instruments law of Florida, and shall not be invalid
637    for any irregularity or defect in the proceedings for the
638    issuance and sale thereof and shall be incontestable in the
639    hands of bona fide purchasers for value. No proceedings in
640    respect to the issuance of such bonds shall be necessary except
641    such as are required by this act. The provisions of this act
642    shall constitute an irrevocable contract between said district
643    and the holders of such bonds or coupons thereof issued pursuant
644    to the provisions hereof. Any holder of such bonds may either at
645    law or in equity, by suit, action, or mandamus, force and compel
646    the performance of the duties required by this act or of any of
647    the officers or persons herein mentioned in relation to said
648    bonds, or the levy, assessment, collection, and enforcement and
649    application of the taxes pledged for the payment of the
650    principal and interest thereof.
651          Section 14. Public purpose declaration.--The exercise of
652    the powers conferred by this act constitutes the performance of
653    essential public functions and any erosion prevention facilities
654    acquired, constructed, reconstructed, or improved under the
655    provisions of this act constitute public property used for
656    public purposes.
657          Section 15. Bonds as legal investments.--All bonds issued
658    pursuant to this act shall be and constitute legal investments
659    for state, county, municipal, and all other public funds and for
660    banks, savings banks, insurance companies, executors,
661    administrators, trustees, and all other fiduciaries; and shall
662    also be and constitute securities eligible as collateral
663    security for all state, county, municipal, or other public
664    funds.
665          Section 16. Bonds as payments.--The district shall have
666    the power to enter into agreements for the delivery of any bonds
667    at one time or from time to time as full or partial payment for
668    the services of any engineer or work done by any contractor who
669    may have been retained or hired or been awarded a contract for
670    the construction of all or any part of such erosion prevention
671    facilities. However, such bonds so delivered for payment of such
672    services or work performed shall have been authorized and issued
673    in the manner provided in this act and shall otherwise conform
674    to the provisions hereof.
675          Section 17. District authority to purchase or
676    procure.--Insofar as the exercise of any power or authority
677    granted by this act shall involve the purchase or procurement of
678    commodities or services, the board shall exercise such power in
679    accordance with the purchasing and procurement rules,
680    regulations, ordinances, practices, and procedures of St. Lucie
681    County as the same may exist from time to time. The district
682    shall requisition such commodities and services through such
683    purchasing agents as the county may from time to time appoint,
684    and such requisitions or contract may be issued or entered into
685    in the name of St. Lucie County. The costs of such purchases,
686    procurements, and contract of the district shall be paid with
687    funds of the district.
688          Section 18. Maintenance tax.--
689          (1) In addition to the ad valorem taxes authorized to be
690    levied to pay the principal of and interest on bonds issued
691    hereunder, the district is authorized to levy a special ad
692    valorem maintenance tax of a sufficient number of mills upon the
693    dollar of assessed valuation of taxable property in the district
694    to pay for the maintenance and operation of such erosion
695    prevention facilities and other corporate purposes of the
696    district. However, such special maintenance tax shall in no
697    event exceed one mill in any one year for Zone A, eight-tenths
698    of a mill in any one year for Zone B, six-tenths of a mill in
699    any one year for Zone C, four-tenths of a mill in any one year
700    for Zone D, and two mills in any one year for Zone E. Such
701    special maintenance tax shall be levied and collected in the
702    manner provided herein for ad valorem taxes levied and collected
703    for debt service on bonds issued pursuant to this act and in
704    accordance with the provisions of section 8.
705          (2) Upon the effective date of this act, the district
706    board shall be authorized to levy an ad valorem maintenance tax
707    within new, amended, or consolidated zones established pursuant
708    to subsection (4) of section 8. Such ad valorem maintenance tax
709    millage rate within such zones shall be a rate determined by the
710    board to provide each zones' proportionate share of maintenance
711    tax revenue. Such proportionate share shall be the percentage
712    benefit accruing to lands within such zones as determined
713    pursuant to subsection (4) of section 8. Such taxes shall be
714    levied and collected in the manner provided within section 8.
715          Section 19. District contracts.--Any contract entered into
716    by the district shall be deemed to have been made for the
717    benefit of any holders of bonds issued pursuant to this act to
718    the extent necessary, and the terms of any such contract shall
719    be enforceable by such bondholders in any appropriate legal
720    proceeding. Any such contract if made with another public body
721    or municipality may be enforceable without the requirement of
722    formal consideration.
723          Section 20. Real property; personal property; advancement
724    of funds.--The County of St. Lucie, any municipality, or any
725    other political subdivision is authorized to sell, lease, grant,
726    or convey any real or personal property to the district and any
727    such sale, grant, lease, or conveyance may be made without
728    formal consideration. The County of St. Lucie shall further have
729    the power to advance any moneys available to the district to pay
730    any of the preliminary expenses of the district, including
731    engineering, legal, or financial services or any other purposes
732    necessary in the planning and beginning of construction or
733    erosion prevention facilities authorized by this act. However,
734    all such moneys so advanced shall be repaid to the county from
735    the proceeds of any bonds issued pursuant to this act, or from
736    ad valorem or maintenance taxes levied in the district for
737    operation and maintenance of erosion prevention facilities and
738    other corporate purposes of the district.
739          Section 21. Authority to delegate.--The district board
740    shall have the power to establish and create such departments,
741    boards, or other agencies as it shall deem necessary or
742    desirable in the performance of any acts or other things
743    necessary in the exercise of the powers provided in this act,
744    and may delegate to such departments, boards, or other agencies
745    such administrative duties and other powers as may be deemed
746    necessary and desirable in the exercise of the powers provided
747    in this act. However, the issuance of bonds, levy of taxes, and
748    authorization of the acquisition, construction, reconstruction,
749    or improvement of erosion prevention facilities shall be
750    authorized by resolution or resolutions duly adopted by the
751    district board.
752          Section 22. Exemption from taxation.--All district
753    property shall be exempt from levy and sale by virtue of an
754    execution and no execution or other judicial process shall issue
755    against such property, nor shall any judgment against the
756    district be a charge or lien on its property or taxes or other
757    revenue; provided, however, that nothing contained herein shall
758    apply to or limit the rights of bondholders to pursue any remedy
759    for the enforcement and collection of any taxes pledged for any
760    bonds issued hereunder.
761          Section 23. Covenant not to impair.--The state does hereby
762    pledge to and covenant and agree with the holders of any bonds
763    issued pursuant to this act that it will not limit or alter the
764    rights hereby vested in said district to acquire, construct,
765    reconstruct, improve, maintain, and operate said erosion
766    prevention facilities and to levy and collect ad valorem taxes
767    as provided herein, and to fulfill the terms of any agreement
768    made with the holders of such bonds or other obligations, and
769    will not in any way impair the rights or remedies of such
770    holders, and will not modify in any way the exemptions from
771    taxation provided for in this act, until all such bonds,
772    together with interest thereon, and with interest on any unpaid
773    installments of interest, and all costs and expenses in
774    connection with any action or proceeding by or on behalf of such
775    holders, are fully met and discharged.
776          Section 24. Liberal construction.--The provisions of this
777    act shall be liberally construed to effect its purposes and
778    shall be deemed cumulative, supplemental, and alternative
779    authority for the exercise of the powers provided herein. The
780    exercise of the powers provided in this act and the issuance of
781    bonds hereunder shall not be subject to the limitations or
782    provisions of any other law or laws except as expressly provided
783    herein.
784          Section 25. Severability.--In case any one or more of the
785    sections or provisions of this act, or the application of such
786    sections or provisions to any situations, circumstances, or
787    persons, shall for any reason be held to be unconstitutional or
788    invalid, such unconstitutionality or invalidity shall not affect
789    any other sections or provisions of this act or the application
790    of such sections or provisions of this act or the application of
791    such sections or provisions to any other situations,
792    circumstances, or persons, and it is intended that this act
793    shall be construed and applied as if such section or provision
794    so held unconstitutional or invalid had not been included in
795    this act.
796          Section 4. Chapters 67-2001 and 97-354, Laws of Florida,
797    are repealed.
798          Section 5. This act shall take effect upon becoming a law.