HB 1657CS

CHAMBER ACTION




1The Finance & Tax Committee recommends the following:
2
3     Council/Committee Substitute
4     Remove the entire bill and insert:
5
A bill to be entitled
6An act relating to the Downtown Development Authority of
7the City of Fort Lauderdale, Broward County; codifying,
8amending, reenacting, and repealing chapters 65-1541, 67-
91385, 69-1056, 75-371, 80-501, 85-393, 87-507, 89-431, 92-
10247, 93-392, and 95-531, Laws of Florida; providing
11severability; providing an effective date.
12
13Be It Enacted by the Legislature of the State of Florida:
14
15     Section 1.  Pursuant to section 189.429, Florida Statutes,
16this act constitutes the codification of all special acts
17relating to the Downtown Development Authority of the City of
18Fort Lauderdale. It is the intent of the Legislature in enacting
19this law to provide a single, comprehensive special act charter
20for the authority, including all current legislative authority
21granted to the authority by its several legislative enactments
22and any additional authority granted by this act. It is further
23the intent of this act to preserve all authority of the
24authority.
25     Section 2.  Chapters 65-1541, 67-1385, 69-1056, 75-371, 80-
26501, 85-393, 87-507, 89-431, 92-247, 93-392, and 95-531, Laws of
27Florida, are codified, reenacted, amended, and repealed as
28herein provided.
29     Section 3.  The charter for the Downtown Development
30Authority of the City of Fort Lauderdale is reenacted and re-
31created to read:
32     Section 1.  Definitions.--As used in this act, the
33following terms shall have the meaning ascribed to them in this
34section unless the context shall clearly requires otherwise:
35     (1)  "Authority" means the Downtown Development Authority
36of the City of Fort Lauderdale.
37     (2)  "Board" means the governing body of the authority
38selected as herein provided.
39     (3)  "Director" means the chief executive officer of the
40authority selected by the board as herein provided.
41     (4)  "City" means the City of Fort Lauderdale.
42     (5)(a)  "Downtown" means the lands described in section 2
43not being used as a residence.
44     (b)  "Not being used as a residence" means all residential
45lands not being used as a residence or that portion of
46nonresidential lands not being used as a residence.  The
47determination of when land is being used as a residence shall be
48made and certified by the Executive Director of the Downtown
49Development Authority at the time the books close for a Downtown
50Development Authority election or, if the Downtown Development
51Authority does not hold an election in a particular year, as of
52January 1 of that year.
53     (c)  "Residence" means a building in which one or more
54natural persons live.
55     (d)  "Residential" means lands zoned by the City of Fort
56Lauderdale as R-1-A, R-1, R-1-P, R-2-A, R-2, R-3-A/RM-25, R-3-9,
57RM-15, R-3/RM-30, R-3-C, R-4/RM-60, or R-4-C.
58     (6)  "Planning board" means the city planning and zoning
59board.
60     (7)  "Bonds" means any bonds, including refunding bonds,
61notes, interim certificates, certificates of indebtedness,
62debentures, and other obligations.
63     (8)  "Public facility" means any street, park, parking lot,
64playground, right-of-way, structure, waterway, bridge, lake,
65pond, canal, utility lines or pipes, and building, including
66access routes to any of the foregoing, designed and dedicated to
67use by the public generally, or used by any public agency with
68or without charge, whether or not the same is revenue producing.
69     (9)  "Assessable improvements" includes, without
70limitation, any and all land redevelopment and revitalization
71works and facilities, sewer systems, storm sewers and drains,
72water systems, streets, roads, or other products of the
73authority, or that portion or portions thereof, local in nature
74and of special benefit to the premises or lands served thereby,
75and any and all modifications, improvements, and enlargements
76thereof.
77     (10)  "Cost," when used with reference to any project,
78includes, but is not limited to, the expense of determining the
79feasibility or practicability of acquisition, construction, or
80reconstruction; the cost of surveys, estimates, plans, designs,
81and specifications; the cost of improvements and engineering,
82fiscal, and legal expenses and charges; the cost of all labor,
83materials, machinery, and equipment; the cost of all lands,
84properties, rights, easements, and franchises acquired; federal,
85state, and local taxes and assessments; financing charges; the
86creation of initial reserve and debt service funds; working
87capital; interest charges incurred or estimated to be incurred
88on money borrowed prior to and during construction and
89acquisition and for such period of time after completion of
90construction or acquisition as the board may determine; the cost
91of issuance of bonds pursuant to this act, including
92advertisements and printing, the cost of any referendum held
93pursuant to this act, and all other expenses of issuance of
94bonds; discount, if any, on the sale or exchange of bonds;
95administrative expenses; such other expenses as may be necessary
96or incidental to the acquisition, construction, or
97reconstruction of any project or to the financing thereof, or
98the development of any lands within the authority; and
99reimbursement of any public or private body, person, firm, or
100corporation for any moneys advanced in connection with any of
101the foregoing items of cost.  Any obligation or expense incurred
102prior to the issuance of bonds in connection with the
103acquisition, construction, or reconstruction of any project or
104improvements thereon, or in connection with any other
105development of land that the board shall determine to be
106necessary or desirable in carrying out the purposes of this act,
107may be treated as a part of such cost.
108     (11)  "Project"  means any development, improvement,
109property, utility, facility, works road, sidewalk, enterprise,
110service, or convenience, including, without limitation, public
111transportation facilities and services, now existing or
112hereafter undertaken or established, that under the provisions
113of this act the authority is authorized to construct, acquire,
114undertake, or furnish for its own use or for the use of any
115other person, firm, or corporation owning, leasing, or otherwise
116using the same, for any profit or nonprofit purpose or activity,
117and shall include, without limitation, such repairs,
118replacements, additions, extensions, and betterments of and to
119any project as may be deemed necessary or desirable by the board
120to place or to maintain such project in proper condition for the
121safe, efficient, and economic operation thereof.
122     (12)  "Public body" means the state or any municipality,
123board, commission, authority, district, department, or any other
124subdivision or public body of the state.
125     (13)  "Federal Government" means the United States of
126America or any agency or instrumentality, corporation, or
127otherwise of the United States of America.
128     (14)  "Slum area" means an area in which there is a
129predominance of buildings or improvements, whether residential
130or nonresidential, which by reason of dilapidation,
131deterioration, age, or obsolescence, inadequate provision for
132ventilation, light, air, sanitation, or open spaces, high
133density of population and overcrowding, or the existence of
134conditions which endanger life or property by fire and other
135causes or any combination of such factors is conducive to ill
136health, transmission of disease, infant mortality, juvenile
137delinquency, or crime, and is detrimental to the public health,
138safety, morals, or welfare.
139     (15)  "Blighted area" means an area which by reason of the
140presence of a substantial number of slum, deteriorated, or
141deteriorating structures, predominance of defective or
142inadequate street layout, faulty lot layout in relation to size,
143adequacy, accessibility, or usefulness, unsanitary or unsafe
144conditions, deterioration of site or other improvements,
145diversity of ownership, tax or special assessment delinquency
146exceeding the fair value of the land, defective or unusual
147conditions of title, or the existence of conditions which
148endanger life or property by fire and other causes, or any
149combination of such factors, substantially impairs or arrests
150the sound growth of a community, retards the provision of
151housing accommodations, or constitutes an economic or social
152liability and is a menace to the public health, safety, morals,
153or welfare in its present condition and use.
154     (16)  "Renewal project" means undertakings and activities
155of the authority in a renewal area for the elimination and
156prevention of the development or spread of slums and blight, and
157may involve slum clearance and redevelopment in a renewal area,
158or rehabilitation or conservation in a renewal area, or any
159combination or part thereof in accordance with a renewal plan.
160Such undertakings and activities may include:
161     (a)  Acquisition of a slum area or a blighted area or
162portion thereof.
163     (b)  Demolition and removal of buildings and improvements.
164     (c)  Installation, construction, or reconstruction of
165streets, utilities, parks, playgrounds, and other improvements
166necessary for carrying out in the renewal area the renewal
167objectives of this act in accordance with the renewal plan.
168     (d)  Disposition of any property acquired in the renewal
169area, including sale, initial leasing, or retention by the
170authority itself, at its fair value for uses in accordance with
171the renewal plan.
172     (e)  Carrying out plans for a program of voluntary or
173compulsory repair and rehabilitation of buildings or other
174improvements in accordance with the renewal plan.
175     (f)  Acquisition of any other real property in the renewal
176area where necessary to eliminate unhealthful, unsanitary, or
177unsafe conditions, lessen density, eliminate obsolete or other
178uses detrimental to the public welfare, or otherwise to remove
179or prevent the spread of blight or deterioration, or to provide
180land for needed public facilities.
181     (17)  "Renewal area" means a slum area or a blighted area
182or a combination thereof which the authority designates as
183appropriate for a renewal project.
184     (18)  "Renewal plan" means a plan, as it exists from time
185to time, for a renewal project, which plan:
186     (a) Shall conform to the general plan for the municipality
187as a whole.
188     (b) Shall be sufficiently complete to indicate such land
189acquisition, demolition, and removal of structures,
190redevelopment, improvements, and rehabilitation as may be
191proposed to be carried out in the renewal area; zoning and
192planning changes, if any; land uses; maximum densities; building
193requirements; and the plan's relationship to definite local
194objectives respecting appropriate land uses, improved traffic,
195public transportation, public utilities, recreational and
196community facilities, and other public improvements.
197     (19)  "Real property" shall include lands, including
198improvements and fixtures thereon, and property of any nature
199appurtenant thereto, or used in connection therewith, and every
200estate, interest, right, and use, legal or equitable, therein
201including terms for years and liens by way of judgment,
202mortgage, or otherwise.
203     (20)  "Obligee" shall include any bondholder, agents, or
204trustees for any bondholders, or lessor demising to the
205authority property used in connection with a renewal project, or
206any assignee or assignees of such lessor's interest or any part
207thereof, and the Federal Government when it is a party to any
208contract with the municipality.
209     (21)  "Person" means any individual, firm, partnership,
210corporation, company, association, joint stock association, or
211body politic, and shall include any trustee, receiver, assignee,
212or other person acting in a similar representative capacity.
213     (22)  "Area of operation" means the downtown.
214     (23)  "Public officer" means any officer who is in charge
215of any department or branch of government relating to health,
216fire, or building regulations, or to other activities concerning
217dwellings in the area.
218     Section 2.  The boundaries of the authority shall include
219the following lands in the City of Fort Lauderdale, Broward
220County:
2211.  All lands not being used as a residence lying
222north of New River, east of Southwest and Northwest
223Fourth Avenue, south of Northwest and Northeast Second
224Street and west of Northeast and Southeast Sixth
225Avenue;
226     2.  All lands not being used as a residence lying
227north of Northwest Second Street, east of the Florida
228East Coast Railroad, south of Northwest Fourth Street,
229and west of North Andrews Avenue;
230     3.  All lands not being used as a residence lying
231within one hundred fifty feet of and being in common
232ownership with any of said boundary streets and
233avenues (excluding, however, all lands lying east of
234Southeast Sixth Avenue);
235     4.  All lands not being used as a residence lying
236south of Northeast Fourth Street and within one
237hundred fifty feet of and being in common ownership
238with Northeast Third Avenue and Northeast Sixth
239Avenue.  For the purposes of definition, the words,
240"common ownership" contained herein shall be
241(contiguous to and owned by the same entity; and
242     5.  All lands not being used as a residence lying
243north of Northeast Second Street, east of Northeast
244Second Avenue, south of Northeast Sixth Street, and
245west of Federal Highway, together with all lands not
246being used as a residence lying north of Southeast
247Seventh Street, east of the F.E.C. Railroad Tracks,
248south of Southeast Sixth Court, and west of Federal
249Highway, as legally described as follows:
250
PARCEL I
251All of Blocks 1, 2, 4, 29 and 30, and portions of
252Blocks 33 and 34, NORTH LAUDERDALE AMENDED, according
253to the plat thereof recorded in Plat Book 1, Page 182,
254of the public records of Dade County, Florida;
255TOGETHER WITH all of the Blocks 2, 31, and 32, NORTH
256LAUDERDALE AMENDED RE-SUB, according to the plat
257thereof recorded in Plat Book 5, Page 25, of the
258public records of Broward County, Florida; ALSO
259TOGETHER WITH  portions of Blocks A and B, GEORGE M.
260PHIPPENS SUB., according to the plat thereof recorded
261in Plat Book B, Page 146, of the public records of
262Dade County, Florida; ALSO TOGETHER WITH portions of
263Blocks A and B, FORT LAUDERDALE LAND AND DEVELOPMENT
264CO., SUB., according to the plat thereof recorded in
265Plat Book 1, Page 56, of the public records of Dade
266County, Florida; AND ALSO TOGETHER WITH portions of
267Northeast 3rd Street, Northeast 4th Street, Northeast
2685th Street, Northeast 5th Avenue, and Northeast 5th
269Terrace, lying adjacent to said Blocks, and being all
270more fully described as follows:
271Beginning at the Northwest corner of Lot 26, of said
272Block 4, thence due South, on the West lines of said
273Blocks 4 and 29, and extensions thereof, a distance of
2741300.00 feet; thence due East, on the North right-of-
275way line of said Northeast 4th Street, a distance 83.99
276feet; thence due South, a distance of 50.00 feet;
277thence due East, on the South right-of way line of
278said Northeast 4th Street, a distance of 392 feet;
279thence South 00(01'00" West, on the West lines of Lots
28020 and 19, Block A, and the West line of Lot 20, Block
281B, of said GEORGE M. PHIPPENS SUB., and extensions
282thereof, a distance of 495.00 feet; thence South
28389(57'46" East, on the South lines of Lots 20, 18, 16,
28414, 12, 10, 8, 6, 4, and 2, Block B, of said GEORGE M.
285PHIPPENS SUB., and the Easterly extension thereof, a
286distance of 720.17 feet; thence North 00(01'54" West,
287on the Southerly extension of the East line of Lot 20,
288Block A, of said FORT LAUDERDALE LAND AND DEVELOPMENT
289CO., SUB. and the Northerly extension thereof, a
290distance of 205.47 feet, thence due West, on the North
291right-of-way line of said Northeast 3rd Street, a
292distance of 25.00 feet; thence North 00(01'00" East,
293on the East lines of Lots 7 and 20, Block B, of said
294FORT LAUDERDALE LAND AND DEVELOPMENT CO. SUB., and
295extensions thereof, a distance of 289.15 feet; thence
296due East, on the South right-of-way line of Northeast
2974th Street, a distance of 169.75 feet; thence North
29800(17'27" East, on the West right-of way line of U.S.
299Highway No. 1; a distance of 1323.87 feet to the Point
300of Beginning less the following described land:  Lots
30120, 21, 22, 23, 24, 25 and 26, Block (B(, FORT
302LAUDERDALE LAND AND DEVELOPMENT CO. Subdivision of
303Lots 1 and 2, Block 1, Fort Lauderdale, according to
304the plat thereof, recorded in Plat Book 1, Page 56, of
305the public records of Dade County, Florida, and Lots 2
306and 4, Block (A(, GEORGE M. PHIPPEN(S SUBDIVISION of
307Lots 3, 4, 5 and 6, Block 1, and Lots 3, 4, 5, 6, 7,
3088, 9 and 10, Block 14, TOWN OF FORT LAUDERDALE,
309according to the plat thereof, recorded in Plat Book
310B, Page 146, of the public records of Dade County,
311Florida.
312     PARCEL II
313Lots 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17,
31418, 19, 20 and 21, HARCOURT, according to the plat
315thereof, as recorded in Plat Book 2, Page 9, of the
316public records of Broward County, Florida; AND the
317west one-half (W () of Federal Highway  (US No. 1),
318lying East of and adjacent to said Lots 4, 5, 6, 7, 9,
3199, 10, 11 and 12; AND the East one-half (E () of S.E.
3205th Terrace, lying West of and adjacent to said Lots
32114, 15, 16, 17, 18, 19, 20 and 21.
322     TOGETHER WITH:
323Lots 4, 5, 6, 7, 8, 9, 10, 11 and 12, HENRY
324SHACKELFORD AMENDED PLAT SUBDIVISION OF LOTS 2 & 3,
325BLOCK 57, TOWN OF FORT LAUDERDALE, according to the
326plat thereof, as recorded in Plat Book 3, Page 3, of
327the public records of Dade County, Florida; AND  the
328West one-half of S.E. 5th Terrace, lying East of
329adjacent to and referenced Lots; AND the East one-half
330of S.E. 5th Avenue, lying West of adjacent of above
331referenced Lots.
332     TOGETHER WITH:
333Lots 4, 5, 6, 7, 8, 9, 10, 11 and 12, RE-AMENDED PLAT
334OF HENRY  SHACKELFORD(S SUBDIVISION OF LOTS 2 & 3,
335BLOCK 57, TOWN OF FORT LAUDERDALE, according to the
336plat thereof, as recorded in Plat Book 3, Page 3 of
337the public records of Dade County, Florida; AND  the
338West one-half of S.E. 5th Avenue, lying East of
339adjacent to and referenced Lots; AND the East one-half
340of S.E. 4th Avenue, lying West of adjacent to the above
341referenced Lots.
342AND ALSO TOGETHER WITH:
343Lots 2, 3, 4, 5, 6, 7, 8 and 9, MRS. DAISY
344SHACKELFORD(S AMENDED NEW SUBDIVISION OF LOT 4, BLOCK
34557, TOWN OF FORT LAUDERDALE, according to the plat
346thereof, as recorded in Plat Book 1, Page 165, of the
347public records of Dade County, Florida, AND  10.00
348foot Alley adjacent to said Lot 6 and Lots 7, 8 & 9;
349AND the West one-half of (W () of S.E. 4th Avenue,
350lying East of and adjacent to above referenced Lots.
351     AND ALSO TOGETHER WITH:
352Lots 5, 6, 7, 8, 9, 10, 11 and 12, SOUTH FLORIDA
353DREDGING COMPANY DIVISION OF LOT 5, BLOCK 57, TOWN OF
354FORT LAUDERDALE, according to the plat thereof, as
355recorded in Plat Book 3, Page 27, of the public
356records of Broward County, Florida; AND 10.00 foot
357Alley adjacent to Lot 9 and Lots 10, 11 and 12; AND
3585.50 foot Alley lying East of and adjacent to above
359referenced Lots; AND the East one-half (E() of S.E. 3rd
360Avenue, lying West of and adjacent to said Lots.
361AND ALSO TOGETHER WITH:     
362The South 80.00 feet of Lots 2, 4 and 6, Block 3, all
363of Blocks 4, 5 and 6, SUBDIVISION OF BLOCK 56, TOWN OF
364FORT LAUDERDALE, according to the plat thereof, as
365recorded in Plat Book 1, Page 63, of the public
366records of Dade County, Florida; AND  the West one-
367half (W() of S.E. 3rd Avenue, lying East of and
368adjacent to above referenced South 80.00 feet of Lot 2
369and said Block 6; AND  the East one-half (E () of S.E.
3701st Avenue, lying West of and adjacent to above
371referenced Block 4; AND  the North one-half (N() of
372S.E. 6th Court, lying South of and adjacent to said
373Lots 2, 4 and 6, Block 3; AND  the South one-half of
374S.E. 6th Court, lying North of and adjacent to said
375Blocks 4, 5 and 6.
376AND ALSO TOGETHER WITH:
377Lots 17, 18, 19, 20 and 21, Block 55, TOWN OF FORT
378LAUDERDALE, according to the plat thereof, as recorded
379in Plat Book (B(, Page 40, of the public records of
380Dade County, Florida, AND Parcel (A(; AND the East
381one-half of Andrews Avenue, lying West of and adjacent
382to said Parcel (A(; AND all that certain 14.00 foot
383Alley within said Block 55, lying North and East of
384said Parcel (A(; AND all that certain irregular Alley,
385lying North of said Parcel (A( and South of said Lot
38617.
387AND ALSO TOGETHER WITH;
388Lots 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17,
38918, 19, 20 and 21, Block 54, TOWN OF FORT LAUDERDALE,
390according to the plat thereof, as recorded in Plat
391Book (B(, Page 40, of the public records of Dade
392County, Florida; AND  the West one-half (W() of
393Andrews Avenue, lying East of and adjacent to said
394Lots 13, 14, 15, 16, 17, 18, 19, 20 and 21; AND  the
395East one-half of S.W. 1st Avenue lying West of and
396adjacent to said Lots 4, 5, 6, 7, 8, 9, 10, 11 and 12;
397AND all that certain 14.00 foot Alley in said Block
39854, lying adjacent to above referenced Lots.
399AND ALSO TOGETHER WITH:
400Lots 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17,
40118, 19 and Lot 20, less the North 25.00 feet thereof,
402Block 53, TOWN OF FORT LAUDERDALE, according to the
403plat thereof, as recorded in Plat Book (B(, Page 40,
404of the public records of Dade County, Florida; AND
405the West one-half of (W() of S.W. 1st Avenue, lying
406East of and adjacent to said Lots 13, 14, 15, 16, 17,
40718, 19 and Lot 20, less the North 25.00 feet thereof;
408AND all of S.W. Flagler Avenue lying West of and
409adjacent to said Lots 4, 5, 6, 7, 8, 9, 10, 11 and 12;
410AND  the East one-half (E() of the Florida East Coast
411Railroad Right-of-Way, lying West of said S.W. Flagler
412Avenue and South of the Westerly extension of the
413North line of said Lot 4 and North of the Westerly
414extension of the Northerly right of way line of S.W.
4157th Street.
416Said lands situate, lying and being in the City of
417Fort Lauderdale, Broward County, Florida, and
418containing 24.8679 Acres more or less.
419     6.(a)  All lands not being used a residence lying
420south of New River, east of the Florida East Coast
421Railroad, north of Southeast Sixth Street and
422Southwest Sixth Street, and west of Southeast Sixth
423Avenue.
424     (b)  All lands not being used a residence lying
425south of Southeast and Southwest Sixth Streets, east
426of the Florida East Coast Railroad, and west of
427Southeast Sixth Avenue, which are situated within one
428hundred fifty feet (150') of and are in contiguous
429proprietorship with Southeast or Southwest Sixth
430Street, upon approval of the majority of those voting
431in a referendum in which those participating are
432limited to the electors of the downtown (including
433also the lands added to the downtown by this act) who
434at the time of the referendum are owners of freeholds
435in the downtown (as hereby expanded), not wholly
436exempt from taxation, and who are then duly registered
437for a Downtown Development Authority referendum,
438according to law.  For the purposes of such
439referendum, the electors who register only as owners
440of freeholds which are situated within the lands
441authorized to be added to the downtown by this act may
442be separately registered and their votes cast in
443separate ballot boxes or voting machines (as the case
444may be) and separately tabulated, in case on or more
445other questions are being voted upon at such
446referendum, and such separate registrants shall thus
447be permitted to vote upon such other question or
448questions.  If this law is approved at such
449referendum, such separately registered electors shall
450be incorporated into the permanent registration of
451electors of the Downtown Development Authority and
452their votes then counted on any other question or
453questions voted upon at such referendum.
4547.  All of lots 14, 15, 16, 17, 18, 19, 20, 21, 22,
45523, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35,
45638, 39, 40, 41, 42, 43, 44, 45, 46, 47 and 48, and
457portions of Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11,
45812, 13, 36 and 37, Block 19, BRYAN SUBDIVISION of
459Blocks 5, 8 and 19, of the Town of Fort Lauderdale, as
460recorded in Plat Book 1, Page 18, of the public
461records of Dade County, Florida, together with
462portions of those certain 10 foot alleys, lying within
463said Block 19,
464TOGETHER WITH all of Lots 2, 3, 4, 5, 6, 7, 8, 9, and
46510, AND A PORTION OF Lot 1, Block 18, TOWN OF FORT
466LAUDERDALE, as recorded in Plat Book 8, Page 40, of
467the public records of Dade County, Florida, together
468with that portion of a 14-foot alley lying within said
469Block 18,
470ALSO TOGETHER WITH all of Lots 1 and 2, T.M. BRYAN
471SUBDIVISION of Lots 11 and 12, Block 18, Town of Fort
472Lauderdale, as recorded in Plat Book 3, Page 12, of
473the public records of Dade County, Florida,
474ALSO TOGETHER WITH all of Lots 6, 7, 8 and 9, and
475portions of Lots 1, 2, 3, 4 and 5, Block 1, all of
476Lots 6, 7, 8, 9, 10 and 11 and portions of Lots 1, 2,
4773, 4 and 5, Block 2 KELLY(S RESUBDIVISION, as recorded
478in Plat Book 16, Page 50, of the public records of
479Broward County, Florida,
480ALSO TOGETHER WITH all of Lots 1, 2, 3, 4, 5, 6, 7, 8,
4819, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22,
48223, 24, A, B and C, HULDA S. HOLMES SUBDIVISION of
483Block 23, Fort Lauderdale, as recorded in Plat Book 7,
484Page 26, of the public records of Broward County,
485Florida,
486ALSO TOGETHER WITH Lots 1, 2, 3, and 4, and a portion
487of Lot 5, Block 24, TOWN OF FORT LAUDERDALE, as
488recorded in Plat Book 8, Page 40, of the public
489records of Dade County, Florida,
490ALSO TOGETHER WITH all of Lots 1, 2, 3, and 4, F.H.
491BENTON(S SUBDIVISION in Block 24, Town of Fort
492Lauderdale, as recorded in Plat Book 3, Page 30, of
493the public records of Broward County, Florida,
494together with all that portion of a 10 foot driveway
495and cul-de-sac of said F. H. BENTON(S SUBDIVISION,
496ALSO TOGETHER WITH all of Lots 1 and 2, Canal 2 and
497Canal 3 and portions of Lots 6, 7, 8, 9, 10, 11 and 13
498and Canal No. 1, L.H. BRYAN(S SUBDIVISION of Block 32,
499of Fort Lauderdale, Florida, as recorded in Plat Book
5003, Page 78, of the public records of Dade County,
501Florida,
502AND ALSO TOGETHER WITH portions of S.W. Fifth Avenue,
503S.W. Sixth Avenue, S.W. Second Street, S.W. Second
504Court, Las Olas Boulevard, N.W. River Drive and North
505River Street, lying within or adjacent to the above
506said Blocks and being all more fully described as
507follows:
508Commencing at the Northwest corner of Lot 24 of said
509Block 18, TOWN OF FORT LAUDERDALE, thence South 0( 07'
51030" East, along the East line of said alley within
511Block 18, a distance of 15.00 feet to the Point of
512Beginning; thence continuing South  0( 07' 24"  East,
513along the East line of said alley a distance of
514585.04 feet; thence South 89( 59' 02" East, a distance
515of 40.97 feet, thence South 0( 07' 24" East, along the
516Northerly extension of the East line of the said F.H.
517BENTON(S SUBDIVISION, and along the said East line, a
518distance of 316.49 feet to a point on the existing
519bulkhead forming the Northerly limits of New River;
520thence Westerly and Southerly along the said existing
521bulkhead and extensions thereof, the following 11
522courses and distances: thence North 87( 04' 09" West,
523a distance of 37.36 feet; thence South 86( 43' 52"
524West, a distance of 13.74 feet, thence South 77( 14'
52535" West, a distance of 50.12 feet, thence South 73(
52643' 38" West, a distance of 43.15 feet; thence South
52754( 27' 01" West a distance of 67.25 feet; thence
528South 45( 58" 48' East, a distance of 7.62 feet;
529thence South 35( 35' 21" West, a distance of 175.30
530feet; thence South 7( 34' 31' West, a distance of
53151.26 feet; thence South 2( 01' 02" West, a distance
532of 25.35 feet, thence South 7( 22' 59" West, a
533distance of 205.31 feet, thence South 29( 18' 46"
534West, a distance of 92.94 feet to the Point of
535Termination of the said 11 courses and distances;
536thence North 89( 59' 37" West, along the Easterly
537extension of the South line of Canal No. 3 of L.H.
538BRYAN(S SUBDIVISION and along the said South line and
539extensions thereof, a distance of 211.49 feet to a
540point on the Easterly right-of-way line of S.W.
541Seventh Avenue and a point on a curve; thence
542Northwesterly along the said Easterly right-of-way
543line and along a curve to the right, whose tangent
544bears North 54( 00' 36" West, with a radius of 630.35
545feet and a central angle of  18( 52' 41", an arc
546distance of 207.69 feet to a point of compound curve;
547thence Northwesterly along the said Easterly right-of-
548way line and along a curve to the  right, with a
549radius of 513.96 feet and a central angle of 35( 00'
55000", an arc distance of 313.96 feet to a point of
551tangency; thence North 0( 07' 55" West, along the said
552Easterly right-of-way line and along the line 20.00
553feet East of and parallel with the West line of said
554Block 1 and 2 of said KELLY(S SUBDIVISION and along
555the line of 20.00 feet East of and parallel with the
556West line of said Block 19, BRYAN SUBDIVISION of
557Blocks 5, 8 and 19, a distance of 1008.08 feet to a
558point of curve; thence Northeasterly along a curve to
559the right, with a radius of 25.00 feet and a central
560angle of 90( 07' 55", an arc distance of 39.33 feet to
561a point of tangency; thence due East, along the South
562right-of-way line of Broward Boulevard and along the
563line 15.00 feet South of and parallel with the North
564line of said Block 19, BRYAN SUBDIVISION of Blocks 5,
5658 and 19 and said Block 18, TOWN OF FORT LAUDERDALE, a
566distance of 898 .88 feet to the Point of Beginning.
567All of the above said land situate, lying and being in
568the City of Fort Lauderdale, Broward County, Florida,
569and containing 22.8328 acres more or less.
570
571     Section 3.  (1)  It is the policy of the state to make it
572possible for the city to revitalize and preserve property values
573and prevent deterioration in the downtown area by a system of
574self-help to correct the blight of such deterioration which has
575developed there.  The authority hereby created is intended to
576provide a vehicle whereby property owners who will benefit
577directly from the results of such a program will bear the
578substantial cost thereof and thereby local problems may be
579solved on the local level through the use of machinery provided
580by local government.
581     (2)  The Legislature hereby finds and declares that the
582downtown area is a blighted area and that portions therein are
583slums.  The area constitutes a serious and growing menace,
584injurious to the public health and the safety, morals, and
585welfare of the residents, occupants, workers, and property
586owners of the area; the existence of such slum and blighted
587conditions contributes substantially and increasingly to the
588spread of disease and crime, constitutes an economic and social
589liability imposing onerous municipal burdens which decrease the
590tax base and reduce tax revenues, substantially impair or arrest
591the sound growth of said area, retards the provision of housing
592accommodations, aggravates traffic problems, and substantially
593impairs or arrests the elimination of traffic hazards and the
594improvement of traffic facilities; and the prevention and
595elimination of such slums and blight is a matter of public
596policy and concern in order that the said area shall not
597continue to be endangered by being a focal center of disease and
598juvenile delinquency and consume an excessive proportion of the
599tax revenue of the city because of the extra services required
600for police, fire, accident, hospitalization, and other forms of
601public protection, services, and facilities.
602     (3)  It is further found and declared that certain portions
603of the slums and blighted areas require acquisition, clearance,
604and disposition subject to use restrictions, as provided in this
605act, since the prevailing condition of deterioration and
606obsolescence makes impracticable the reclamation thereof by
607conservation or rehabilitation; that other portions of the
608downtown may, through the means provided in this act, be
609susceptible of conservation or rehabilitation in such a manner
610and the conditions and evils hereinbefore enumerated may be
611eliminated, remedied, or prevented; and that salvable slum and
612blighted areas can be conserved and rehabilitated through
613appropriate public action as herein authorized, and the
614cooperation and voluntary action of the owners and tenants of
615the property in such area.
616     (4)  Among the many causes of such slums and blight are the
617following: automobile traffic flow strangled by outmoded street
618patterns, proliferation of uncoordinated uses and parking areas,
619unsuitable topography, faulty lot layouts, fragmentation of land
620uses and parking areas necessitating frequent automobile
621movement, lack of separation of pedestrian areas from auto
622traffic, low level access bridge, frequent bridge openings, air
623pollution, and excessive noise levels from strangled auto
624traffic.  Voluntary cooperation for coordinated development is
625impracticable because of fragmentary ownership, distant absentee
626ownership, and unusual conditions of title and other conditions.
627     (5)  The public safety is endangered by the tendency of the
628area to attract and be infested with vagrants, drunkards,
629perverts, and roving gangs of vandals.  The area has in recent
630months narrowly averted involvement in ghetto riots and
631disorders.  In the nighttime the area is dangerous.  The area is
632a business ghetto plagued with vacant and deteriorating
633buildings which are neglected and produce a depressing
634atmosphere.  Many businesses of all types have left the area for
635new locations in suburban shopping centers and few businesses
636have entered to take their places.  The oldest commercial
637structures in the city are in this area and are obsolete, of
638inferior construction, and incompatible with modern functional
639design as is featured in competitive shopping centers.
640     (6)  The area now has few residences and most of the
641residences which do exist are undersized and of inferior
642construction which would not be permitted for new construction
643under the city's building code.  Many former residents have left
644the area and few suitable residence facilities exist.  The area
645is predominately commercial and is occupied primarily by day
646workers who sleep in suburban homes outside the downtown area.
647Market studies show that many of these day workers and other
648people would prefer to reside in the downtown area if blighting
649influences were removed and suitable residence facilities
650provided.  However, the total environment of man is the
651determinant of the quality of life and each segment of
652environment affects the public health, safety, and morals.  The
653problems of residential and commercial slums and blight are one
654and the same problem and the public health, morals, and welfare
655are no less concerned with the commercial areas where the day
656workers spend most of their daylight hours than with residential
657areas where the same individuals spend their nighttime hours.
658It is therefore a necessary and proper function of government to
659remove slums, blight, and blighting influences from commercial
660areas.  The police power is inadequate to accomplish this
661purpose.  The only effective device for removal of the slums and
662blight of the downtown area is the planning and implementation
663of planning for appropriate land use, beautification, continuity
664of planning and aesthetic and technical design concepts, the
665removal of deteriorated and obsolescent structures, and the
666reduction of fragmentary control of properties in the area.  To
667implement such plans requires the exercise of the power of
668eminent domain so as to assemble land in pursuance of a
669coordinated program for redevelopment, as authorized by this
670act, all of which is declared to be a public purpose and for a
671public use.
672     (7)  The Legislature further finds and declares that the
673provisions of this act and the powers afforded to the governing
674board of the authority are essential to guide and accomplish the
675coordinated, balanced, and harmonious development of the
676downtown in accordance with existing and future needs; to
677promote the health, safety, morals, and general welfare of the
678area and its inhabitants, visitors, property owners, and
679workers; to establish, maintain, and preserve aesthetic values
680and preserve and foster the development and display of
681attractiveness; to prevent overcrowding and congestion; to
682regulate auto traffic and provide pedestrian safety; to secure
683safety from fire, storm, panic, riot, vandals, and other
684dangers; to conserve and provide adequate light and air; and to
685provide a way of life which combines the conveniences and
686amenities of modern living with the traditions and pleasures of
687the past.
688     Section 4.  There is hereby created and established the
689Downtown Development Authority of the City of Fort Lauderdale,
690which authority shall have all the powers herein provided, and
691which shall be a body corporate as well as politic, with power
692to sue and be sued in all the courts of this state, and with
693power to adopt and use a corporate seal.
694     Section 5.  The affairs of the authority shall be under the
695direct supervision and control of a board of seven members.  Two
696members shall serve for terms expiring at the end of each year
697during the period commencing 1976 and ending 1978.  One member
698shall serve for a term expiring at the end of 1975.  Thereafter,
699members shall be appointed to serve for regular terms of 4 years
700from the expiration of the terms of their predecessors.  The
701terms of incumbent members at the time this law takes effect
702shall not be affected by this law. A member's term shall
703automatically expire and his or her office shall be deemed
704vacant for purposes of appointment of a new member if, while in
705office, he or she shall cease to be qualified for membership
706under section 6.  Every board member shall continue to hold
707office until his or her successor has been appointed and has
708qualified. All appointments of the board shall be made by the
709city commission.  Appointments made to fill a vacancy during a
710term of office shall be for the unexpired term only.
711     Section 6.  (1)  Each member of the board shall reside in
712or have his or her principal place of business in the city.  He
713or she shall be a landowner in the downtown, a leasehold tenant
714required by the terms of his or her lease to pay taxes currently
715on downtown lands, or an officer, director, or managing agent of
716a corporation which owns downtown lands or an interest in
717downtown lands or which corporation is a leasehold tenant
718required by the terms of its lease to pay taxes currently on
719downtown lands.  No officer or employee of the city shall be
720eligible to serve as a member of the board while holding other
721offices in the city or while employed by the city.  Before
722assuming the duties of the office, each member shall qualify by
723taking and subscribing to the oath of office required of
724officials of the city and by posting a bond in the penal sum of
725$10,000 payable to the city for use and benefit of the
726authority, to be approved by the city commission and filed with
727the city clerk.  The premium on such bond shall be deemed an
728operating expense of the authority, payable from funds available
729to it for expenses of operation.
730     (2)  The board shall adopt and promulgate rules governing
731its procedures and shall hold regular meetings no less often
732than one a month.  Special meetings may be held when called in
733the manner provided in the rules of the board.  All meetings of
734the board shall be open to the public.  Each member of the board
735shall be paid a salary of $1 per year for services on the board,
736unless the city commission shall otherwise designate such salary
737and provide from the general funds of the city for such salary.
738     (3)  Pursuant to notice and an opportunity to be heard, an
739appointed member of the board may be removed for cause by the
740city commission.  Any such removal shall be subject to review by
741the circuit court of the circuit having jurisdiction.
742     Section 7.  The board, subject to the provisions hereof and
743subject to other applicable provisions of law, shall have all
744powers customarily vested in the board of directors of a
745corporation for profit.  It shall exercise supervisory control
746over the activities of the director and the staff of the
747authority in carrying out the functions authorized hereby.
748     Section 8.  The board shall have the power to:
749     (1)  Employ engineers, contractors, consultants, attorneys,
750auditors, agents, employees, and representatives as the board
751may from time to time determine on such terms and conditions as
752the board may approve and fix their compensations and duties.
753     (2)  Adopt bylaws, rules, resolutions, and orders
754prescribing the powers, duties, and functions of the officers of
755the authority, the conduct of the business of the authority, the
756maintenance of the records, and the form of all other documents
757and records of the authority.  The board may adopt
758administrative rules and regulations with respect to any
759projects of the authority on such notice and public hearing, if
760any, as the board may determine.
761     (3)  Maintain an office at such place or places as it may
762designate.
763     (4)  Execute all contracts and other documents, adopt all
764proceedings, and perform all acts determined by the board to be
765necessary or desirable to carry out the purposes of this act.
766The board may authorize one or more members of the board to
767execute contracts and other documents on behalf of the board.
768     (5)  Establish and create such departments, boards, or
769other agencies as from time to time the board may deem necessary
770or advisable.
771     (6)  Examine and authorize any officer or agent of the
772authority to examine the county tax rolls with respect to the
773assessed valuation of the real and personal property within the
774downtown area.
775     (7)  Appoint a director and other staff members who shall
776be employed upon recommendation of the director, prescribe their
777duties, and fix their compensation which shall be paid from
778funds available to the authority in the same manner as city
779employees are paid.
780     (8)  Prepare analyses of economic changes taking place upon
781the downtown area.
782     (9)  Study and analyze the impact of metropolitan growth
783upon the downtown area.
784     (10)  Plan and propose within the downtown area
785improvements of all kinds, including, among other things, the
786renovation, repair, remodeling, reconstruction, or other changes
787in existing buildings which may be necessary or appropriate to
788the execution of any such plan which in the opinion of the board
789will aid in the economic growth of the downtown area.
790     (11)  Implement any plan of development in the downtown
791area as shall in its judgment be necessary to carry out its
792functions, provided it is not inconsistent with the city's
793general plan.
794     (12)  Make and enter into all contracts necessary or
795incidental to the exercise of its powers and the performance of
796its duties.
797     (13)  Establish, operate, lease, license, grant, or convey
798in the downtown area such public facilities as shall in its
799opinion be feasible and desirable in the implementation of any
800plan conceived and executed by the board.  Public facilities
801shall also include pedestrian malls, historical buildings or
802monuments, and cultural, educational, and recreational
803facilities.
804     (14)  Develop long-range plans designed to halt
805deterioration of downtown property values.
806     (15)  Borrow money at interest on a short-term basis to pay
807expenses of operation and to issue evidences of indebtedness for
808such loans.
809     (16)  Retain and fix the compensation of general counsel to
810advise the board in the proper performance of its duties.  The
811general counsel shall be a practicing attorney with not less
812than 10 years' experience in the practice of law in the state.
813He or she shall represent the authority in all suits of actions
814brought by or against the authority involving the jurisdiction,
815power, duties, functions, or activities of the authority under
816the terms of this act.  At the request of the city, he or she
817may also represent the city in any such matters in case the city
818becomes or desires to become a party to such action.
819     (17)  Incur all or part of the expense of any public
820improvement made by the city, county, state, or Federal
821Government, or any agency of them, in exercising powers granted
822to the authority.
823     (18)  Lend, grant, or contribute funds to the city, county,
824or Federal Government, or any agency of them.
825     (19)  Enter into agreements with the city, county, state,
826or other public body respecting action to be taken in the
827exercise of any of the powers granted to the authority or in
828furtherance of the objectives of the authority.
829     Section 9.  In addition to and not in limitation of the
830other powers of the authority under law, the authority shall
831have the following powers:
832     (1)  OWNERSHIP AND DISPOSITION OF PROPERTY.--To acquire
833property, real, personal, or mixed, within or without the
834downtown, in fee simple or any lesser interest or estate, by
835purchase, gift, devise, or lease, upon such terms and conditions
836as the board may deem necessary or desirable, and by
837condemnation, provided the board determines that the use or
838ownership of such property is necessary in the furtherance of a
839designated lawful purpose authorized under this law, to acquire
840title to submerged lands and riparian rights and easements or
841rights-of-way, with or without restrictions and within or
842without the limits of the downtown; to make purchase money
843mortgages and trust deeds and other forms of encumbrance on any
844property acquired by the authority and to purchase property
845subject to purchase money mortgages or other encumbrances and to
846assume such other encumbrances; to mortgage, hold, manage,
847control, lease, sell, dedicate, grant, or otherwise dispose of
848the same and of any of the assets and properties of the
849authority, or any interest therein, including easements and
850licenses, with or without consideration.
851     (2)  LEASE OF FACILITIES.--Whenever deemed necessary or
852desirable by the board, to lease as lessor or lessee to or from
853any person, firm, corporation, association, or body, public or
854private, any projects of the type that the authority is
855authorized to undertake and facilities or property of any nature
856for the use of the authority and to carry out any of the
857purposes of the authority, subject to limitation of this act.
858     (3)  REVITALIZATION.--To adopt a plan for the development,
859redevelopment, and revitalization of the downtown, and to modify
860same, and to undertake and carry out such plan, provided it is
861not inconsistent with the city's general plan.
862     (4)  AIRPORT FACILITIES.--To own, acquire, construct,
863reconstruct, equip, operate, maintain, extend, and improve
864airport facilities of all kinds, including, but not limited to,
865land fields, hangars, shops, terminals, buildings, and all other
866facilities necessary or desirable for the landing, taking off,
867operating, servicing, repairing, and parking of aircraft and
868helicopters, and the unloading and handling of passengers, mail,
869express, and freight, together with all necessary appurtenances
870and equipment and all properties, rights, easements, and
871franchises relating thereto and deemed necessary or convenient
872by the board in connection therewith.
873     (5)  RECREATIONAL FACILITIES.--To own, acquire, construct,
874reconstruct, equip, operate, maintain, extend, and improve
875parks, playgrounds, picnic grounds, camping facilities, golf
876courses, athletic fields, marinas, piers, wharves, docks,
877harbors, boating and fishing facilities, swimming pools, bathing
878beaches and other water recreational facilities, stadiums,
879auditoriums, civic centers, aquariums, libraries, museums,
880recreational centers, convention halls and facilities, radio and
881television transmission and receiving stations, community
882antenna television systems, and cultural, recreational, and
883educational buildings, facilities, and projects of all kinds and
884descriptions.
885     (6)  PARKING FACILITIES.--To own, acquire, construct,
886reconstruct, equip, operate, maintain, extend, and improve
887parking facilities, including lots and parking garages, and to
888install parking meters.
889     (7)  ADVERTISING.--To undertake a program of advertising to
890the public in promoting the business, facilities, and
891attractions within the downtown and the projects of the
892authority and to expend monies and undertake such activities to
893carry out such advertising and promotional programs as the board
894from time to time may determine.
895     (8)  TRANSPORTATION.--To own, acquire, construct,
896reconstruct, equip, operate, maintain, extend, and improve
897common, private, or contract carriers, buses, vehicles,
898railroads, monorails, airplanes, helicopters, boats, and other
899transportation facilities whether now or hereafter invented or
900developed, including, without limitation, novel and experimental
901facilities such as moving platforms and sidewalks as may be
902determined from time to time by the board to be useful or
903appropriate to meet the transportation requirements of the
904authority and activities conducted within the downtown and to
905extend such transportation facilities to areas outside the
906downtown in order to provide transportation to and from the
907downtown.
908     (9)  ISSUANCE OF BONDS.--To issue general obligation bonds,
909revenue bonds, assessment bonds, or any other bonds or
910obligations authorized by the provisions of this act or any
911other law or any combination of the foregoing to pay all or part
912of the cost of the acquisition, construction, reconstruction,
913extension, repair, improvement, maintenance, or operation of any
914project or combination of projects; to provide for any facility,
915service, or other activity of the authority; and to provide for
916the retirement or refunding of any bonds or obligations of the
917authority or for any combination of the foregoing purposes.
918     (10)  OTHER POWERS.--In addition to the other powers
919specifically provided in this act, the authority shall have the
920power to own, acquire, construct, reconstruct, equip, operate,
921maintain, extend, and improve such other projects as the board
922may in its discretion find necessary or desirable to accomplish
923the purposes of this act and to exercise all powers necessary,
924convenient, or proper to carry out the purposes of this act.  In
925connection with any of the projects the authority is authorized
926to undertake pursuant to the powers and the authorities vested
927in it by this act, and in order to promote the development and
928utilization of new concepts, designs, and ideas, the authority
929shall have the power to examine into, develop, and utilize new
930concepts, designs, and ideas and to own, acquire, construct,
931reconstruct, equip, operate, maintain, extend, and improve such
932experimental public facilities and services.
933     (11)  ROADS, BRIDGES, LIGHTING, AND RELATED OR SIMILAR
934FACILITIES.--The authority shall have the right and power to
935acquire, open, extend, construct, reconstruct, pave, operate,
936improve, and maintain highways, streets, toll roads and bridges,
937alleys, sidewalks, promenades, boardwalks, malls, esplanades,
938bridges, tunnels, interchanges, underpasses, overpasses,
939causeways, and public thoroughfares of all kinds and
940descriptions (hereinafter collectively and severally referred to
941as "public roads") and connections to and extension of any and
942all existing public roads within the downtown area, deemed
943necessary or convenient by the board to provide access to and
944efficient development of the territory within the downtown, and
945to construct and maintain sidewalks and street lights along
946public roads in the downtown and toll plaza signs and street
947signs, provided that nothing in this law shall be construed to
948give the authority control over city property.
949     (12)  CITY COORDINATION.--No authority plan or project
950shall be inconsistent with the city general plan or any other
951city project, franchise, or facility.  In any case of conflict
952of jurisdiction, power, or function, the city charter shall
953prevail over this law.  Only the city shall have the right under
954this law to object to any plan or project of the authority upon
955the ground of said inconsistency.
956     Section 10.  The board may employ and fix the compensation
957of the following who, in addition to the general counsel, shall
958serve at the pleasure of the board:
959     (1)  A director, who shall be a person of good moral
960character and possessed of a reputation for integrity,
961responsibility, and business ability.  No member of the board
962shall be eligible to hold the position of director.  Before
963entering upon his or her duties of his or her office, the
964director shall take and subscribe to the oath and furnish bond
965as required of members of the board.  He or she shall be the
966chief executive officer of the authority and may be employed on
967either a full-time or part-time basis, at the board's
968discretion.  He or she shall not engage in any other business or
969profession while serving as director unless the board's approval
970is obtained, but he or she may serve as a director or officer of
971any civil organization or corporation which has goals or
972purposes the same as, or similar to, those of the authority.
973Subject to the approval of the board, and direction by it when
974necessary, he or she shall have general supervision over and be
975responsible for the preparation of plans and the performance of
976the functions of the authority in the manner authorized herein.
977He or she shall attend all meetings of the board.  In the
978absence of the director, the board may designate a qualified
979person to perform the duties of the office as acting director.
980The director shall furnish the board with such information or
981reports governing the operation of the authority as the board
982from time to time may require.
983     (2)  Upon recommendation of the director, such clerical,
984technical, and professional assistance, including, but not
985limited to, engineering, planning, economic research, and other
986fields as shall in the opinion of the board be necessary to
987provide for the efficient performance of the functions of the
988board.
989     (3)  A treasurer, who shall keep the financial records of
990the authority and who, together with the director, shall approve
991all vouchers for the expenditure of funds of the authority.  He
992or she shall perform such other duties as may be delegated to
993him or her by the board.
994     (4)  A secretary, who shall maintain custody of the
995official seal and of all records, books, documents, or other
996papers not required to be maintained by the treasurer.  He or
997she shall attend all meetings of the board and keep a record of
998all its proceedings.  He or she shall perform such other duties
999as may be delegated to him or her by the board.
1000     Section 11.  The director shall prepare and submit for the
1001approval of the board a budget for the operation of the
1002authority for the next fiscal year.  The budget shall conform to
1003the fiscal year of the city and shall contain the information
1004required of all city departments.  After approval by the board,
1005a copy of the budget shall be delivered to the city by the
1006director with a statement of the millage required therefor as
1007determined by the board, which millage shall be levied by the
1008city commission not to exceed the limits fixed by law.  The
1009operations of the authority shall be financed from any lawful
1010source, including the following sources:
1011     (1)  Moneys borrowed and to be repaid from other funds
1012received under the authority of this act.
1013     (2)  Donations and contributions to the authority for the
1014performance of its functions from any source, public or private.
1015     (3)  Revenues from the rental, operation, or sale of
1016assets, facilities, and projects of the authority.
1017     (4)  Proceeds of special assessments and an ad valorem tax
1018of property in the downtown area.
1019     Section 12.  The city commission is authorized to levy an
1020ad valorem tax on all downtown real and personal property not
1021exceeding 1 mill on the dollar valuation (as such valuations are
1022assessed for the general ad valorem roll of the city) of such
1023property for the purpose of financing the operation of the
1024authority provided that no tax under this law shall be levied
1025upon property which is exempt from taxation by general or
1026constitutional law.  The city tax collector shall transmit funds
1027so collected to the appropriate officer of the city responsible
1028for the handling of the public money who shall deposit same in
1029the city treasury to the credit of the authority.  Such money
1030shall be used for no purpose other than those purposes
1031authorized herein and only upon approval of the board, pursuant
1032to vouchers signed by the director and the treasurer of the
1033authority.  The funds of the authority shall be secured as other
1034public funds are secured.  Other moneys received by the
1035authority shall forthwith be deposited in the city treasury to
1036the credit of the authority, subject to disbursement as herein
1037authorized.
1038     Section 13.  The city commission shall have the power to
1039assess against the funds of the authority, for the use and
1040benefit of the general fund of the city, a reasonable pro rata
1041share of such funds for the cost of handling and auditing, which
1042assessment when made shall be paid annually by the board
1043pursuant to an appropriate item in the budget.
1044     Section 14.  No board member nor any employee of the board
1045shall vote or otherwise participate in any matter in which he or
1046she has a financial interest, either direct or indirect.  Such
1047indirect financial interest shall not, however, be deemed to
1048include that indirect financial interest which would accrue to
1049all members of the board solely by virtue of being lessees or
1050owners of property in the downtown area, it being the intent
1051hereof that the prohibition herein shall apply in the event a
1052specific indirect financial interest accrues to one rather than
1053to all members.  When such interest shall appear, it shall be
1054the duty of the board member or employee to make such interest
1055known and he or she shall thenceforth refrain from voting on or
1056otherwise participating in the particular transaction involving
1057such interest.  Willful violation of the provisions hereof shall
1058constitute malfeasance on the part of the board and shall be
1059grounds for instant dismissal of any employee.  The board may,
1060in its rules of procedure, provide for automatic forfeiture of
1061office by a board member for violation hereof.  Any transaction
1062involving a conflict of interest, wherein a violation of this
1063section is involved, may be rendered void at the option of the
1064board.
1065     Section 15.  On December 31, 2030, this law shall expire
1066and all assets of the authority shall on or before that date be
1067transferred by the authority to the city.  Any assets remaining
1068in the hands of the authority on December 31, 2030, shall
1069automatically devolve upon and become the property of the city.
1070In the event there shall be any indebtedness outstanding against
1071the authority, the city may continue to levy whatever portion
1072shall be necessary of the tax authorized by this law to retire
1073such indebtedness.
1074     Section 16.  Bonds.--The board is authorized and empowered
1075in order to provide for and carry out the work of this act to
1076raise funds by the issuance of bonds of the same types and in
1077the same manner with the same power and authority and subject to
1078the same limitations as is now provided by statute for the
1079issuance of bonds by the city, provided that the board and its
1080staff and agents shall perform all of the governmental functions
1081to be done with regard to the bonds.  The aggregate amount of
1082the bonded indebtedness shall at no time exceed 15 percent of
1083the assessed valuation of the taxable property in the downtown
1084area at the time of issuance.  The term of the bonds may exceed
1085beyond the life of the authority if the city shall have agreed
1086to service and pay the bonds after the expiration of the
1087authority.  In that event, after the authority expires, the city
1088shall continue to levy and collect the same special tax which is
1089authorized by this law to be levied and collected for the
1090authority and use the revenue therefrom for the retirement of
1091the bonds and expense necessary in connection with servicing the
1092bonds until the bonds are retired.  Any excess revenue remaining
1093after retirement of the bonds shall be transferred to the
1094general revenue fund of the city and such special tax shall not
1095be levied in any subsequent year.
1096     Section 17.  Eminent domain.--The board shall have the
1097right to acquire by condemnation any interest in real property,
1098including a fee simple title thereto, which it may deem
1099necessary for the action of the authority or for the performance
1100of its lawful functions under this act.  Said authority may
1101exercise the power of eminent domain in the manner provided in
1102chapters 73 and 74, Florida Statutes, and acts amendatory
1103thereof or supplementary thereto, or it may exercise the power
1104of eminent domain in the manner now or which may be hereafter
1105provided by any other statutory provision for the exercise of
1106the power of eminent domain.  Property already devoted to a
1107public use may be acquired in like manner. However, no real
1108property belonging to the state, or any political subdivision
1109thereof, may be acquired without consent.
1110     Section 18.  (1)  CALLING REFERENDA.--Whenever by law or
1111for the convenience of administration of the authority a
1112referendum of electors is needed for the authority, the board
1113shall pass a resolution calling and providing for a referendum
1114to be held in the downtown within 3 months after the date of the
1115resolution.  The resolution shall provide for one or more
1116polling or voting places.  The board shall cause notice of said
1117referendum to be given by publishing said notice for 2
1118consecutive weeks in a newspaper published in the city which is
1119of general circulation in the downtown area.  The first
1120publication shall occur not more than 42 and not less than 21
1121days prior to the date of the referendum.  Said notice shall
1122designate the polling place or places for said referendum.  The
1123board shall make all necessary arrangements for holding the
1124referendum and shall declare the result thereof.  The board
1125shall appoint such inspectors and clerks for each polling place
1126as it deems necessary.  Form of the ballot at such referendum
1127shall be determined by the board.
1128     (2)  CANVAS OF RETURNS; CERTIFICATES OF REFERENDUM.--The
1129result of the voting of each polling place when ascertained
1130shall be certified by return in duplicate, signed by the clerk
1131and by the majority of inspectors of referendum and transmitted
1132to the board at a meeting to be held on a day following the
1133referendum. At said meeting, the board shall canvas the returns
1134and the result as shown by such returns shall be by the board
1135declared to be the result of the referendum.  One copy of the
1136board's declaration, including a copy of the returns of each
1137polling place, shall be promptly filed with the city clerk,
1138together with a copy of proof of publication of the notice of
1139the referendum.
1140     (3)  LEGISLATIVE FINDINGS.--The Legislature finds that the
1141activities and functions of the authority are essentially public
1142works and are not concerned with political or governmental
1143purposes.  For these reasons the authority is denied police
1144powers.  The right to participate in referenda of the authority
1145is more of a private or property right than a public or
1146political right.  It is the purpose of the Legislature to grant
1147to those who will have to pay the costs of the improvements a
1148voice commensurate with that cost.
1149     (4)  ELECTORS OF DOWNTOWN, VOTING.--The referendum shall be
1150conducted with written ballots unless the board by resolution
1151prescribes the use of voting machines.  At the referendum, the
1152duly registered owner of each freehold within the downtown shall
1153represent one share and the owner of each share shall be
1154entitled to one vote for each $10,000 or fraction thereof of the
1155nonexempt assessed valuation of the freehold within the
1156downtown, according to the last certified tax assessment roll of
1157Broward County at the time of the referendum.  In case record
1158title to land is in a trustee, the trustee shall be deemed the
1159owner for the purposes of this law.  Ownership shall not include
1160reversions, remaindermen, trustees other than persons owning a
1161freehold estate as of deed of record, or mortgagees, but they
1162shall be represented by the owner of the freehold estate.  In
1163case of undivided multiple ownership of any sort, a majority (in
1164value) of the registered owner may, by written proxy, designate
1165one person to serve as elector for that share and unless an
1166elector be so designated by the majority, the vote of that share
1167shall not be accepted.  In case of ownership by a corporation,
1168the corporation may, by proxy, designate an elector to vote the
1169ownership of the corporation.  Electors may vote by proxy in
1170writing.  An executed copy of each proxy shall be filed with the
1171clerk by the elector at time of voting under that proxy.
1172     (5)  REGISTRATION OF ELECTORS.--The director shall be the
1173registration officer for the authority and shall register all
1174persons (including corporations) applying to him or her who are
1175qualified as full or part owners of a freehold in the downtown
1176area which is not wholly exempt from taxation.  At the time of
1177registration the applicant shall exhibit to the director
1178evidence of ownership satisfactory to the director, including,
1179in addition, an accurate reference to the official record book
1180and page or other precise place in the public records of Broward
1181County, which the evidence of ownership shall have been duly
1182recorded.  No application for registration shall be accepted
1183whose evidence of ownership is not recorded in the public
1184records (including court records) of Broward County.  The board
1185may designate one or more deputies to be the registration
1186officer in the absence or illness of the director.  In case of
1187application for registration for a share or partial undivided
1188interest in a share already registered in the name of another,
1189the registration officer, upon being satisfied by the evidence
1190exhibited that the ownership has been duly transferred to the
1191new applicant, shall mail a notice of cancellation of
1192registration to the existing registrant at the address shown on
1193the official registration record as the address of the
1194registrant's place of residence (or corporation's principal
1195place of business) notifying the registrant that the
1196registration will be canceled unless, within 10 days after the
1197mailing of such notice, the registrant shall appear in person or
1198by representative in person before the registration officer and
1199show by evidence satisfactory to the registration officer that
1200the registrant still owns all or a part of the share in
1201question.  If no objection in person is received by the
1202registration officer within such 10-day period, he or she shall
1203promptly so notify the new applicant by mail whose registration
1204will be accepted upon renewal of the application within 10 days
1205after the mailing of such notice.  In case timely objection is
1206duly made by the existing registrant, the registration officer
1207shall determine the true ownership on the basis of the evidence
1208reasonably available to him or her and reject or accept the
1209applicant as the circumstances warrant, promptly notifying the
1210existing registrant of the decision.  No application for change
1211of registration for any share shall be accepted within 15 days
1212of the referendum unless accompanied by written consent of the
1213existing registrant, duly acknowledged in the manner required by
1214law for instruments recorded in the public records of the
1215county, and unless applied for before the day of the referendum.
1216If it shall be made known to the director that an existing
1217registrant has died or he or she has parted with his or her
1218title to the downtown, the director shall issue a notice of
1219cancellation in the same manner as is provided in the case of a
1220new applicant for an existing registrant and the registration
1221shall be canceled in the same manner in the absence of
1222objection, except that the time for objection in such case shall
1223be 30 days.
1224     (6)  EMPLOYMENT OF OUTSIDE AGENCIES.--The board may pay
1225reasonable compensation to the Broward County Supervisor of
1226Elections and the Broward County Property Appraiser for services
1227rendered to the authority in connection with registration for
1228and conduct of a referendum.  The board may also employ the
1229services of an abstract or title company for assistance in
1230ascertaining the identity of ownership.
1231     Section 19.  The authority may provide for the construction
1232or reconstruction of assessable improvements and for the levying
1233of special assessments upon benefited property for the payment
1234thereof under the provisions of this section.
1235     (1)  The initial proceeding under this section shall be the
1236passage by the board of a resolution ordering the construction
1237or reconstruction of such assessable improvements indicating the
1238location by terminal points, routes, or otherwise, and either
1239giving a description of the improvements by their material,
1240nature, character, and size or giving two or more descriptions
1241with the directions that the material, nature, character, and
1242size shall be subsequently determined in conformity with one of
1243such descriptions.  Assessable improvements need not be
1244continuous and may be in more than one locality or street.  The
1245resolution ordering any such improvement may give any short and
1246convenient designation to each improvement ordered thereby, and
1247the property against which assessments are to be made for the
1248cost of such improvement may be designated as an assessment
1249district, followed by a letter or number or name to distinguish
1250it from the other assessment districts, after which it shall be
1251sufficient to refer to such improvement and property by such
1252designation in all proceedings and assessments, except in the
1253notices required by this section.
1254     (2)  As soon as possible after the passage of such
1255resolution, the director shall prepare or cause to be prepared
1256in duplicate plans and specifications for each improvement
1257ordered thereby and an estimate of the cost thereof.  Such cost
1258shall include, in addition to the items of cost as defined in
1259this act, the cost of relaying streets, sidewalks, and other
1260public facilities or conveniences necessarily torn up or damaged
1261and the following items of incidental expenses:
1262     (a)  Printing and publishing notices and proceedings.
1263     (b)  Costs of abstracts of title.
1264     (c)  Any other expense necessary or proper in conducting
1265the proceedings and work provided for in this section, including
1266the estimated amount of discount, if any, upon the sale of
1267assessment bonds or any other obligations issued hereunder for
1268which such special assessments are to be pledged.  If the
1269resolution shall provide alternative descriptions of material,
1270nature, character, and size, such estimate shall include an
1271estimate of the cost of the improvement of each such
1272description.
1273
1274The director shall also prepare or cause to be prepared in
1275duplicate a tentative apportionment of the estimated total cost
1276of the improvement as between the district and each lot or
1277parcel of land subject to special assessment under the
1278resolution, such apportionment to be made in accordance with the
1279provisions of the resolution and in relation to apportionment of
1280cost provided herein for the preliminary assessment roll.  Such
1281tentative apportionment of total estimated cost shall not be
1282held to limit or restrict the duties of the director in the
1283preparation of such preliminary assessment roll.  One of the
1284duplicates of such plans, specifications, and estimates and such
1285tentative apportionment shall be filed with the board and the
1286other duplicate shall be retained by the director in his or her
1287files, all thereof to remain open to public inspection.  In
1288performing the duties of assessment and apportionment of costs,
1289the director may employ and utilize such technical consultants
1290as may be necessary, including, but not limited, to engineers,
1291architects, planners, economists, and appraisers.
1292     (3)  The board upon the filing with it of such plans,
1293specifications, estimates, and tentative apportionment of cost
1294shall publish once in a newspaper or newspapers published or of
1295general circulation in the downtown a notice stating that at a
1296meeting of the board on a certain day and hour, not earlier than
129715 days from such publication, the board will hear objections of
1298all interested persons to the confirmation of such resolution,
1299which notice shall state in brief and general terms a
1300description of the proposed assessable improvements with the
1301location thereof, and shall also state that plans,
1302specifications, estimates, and tentative apportionment of cost
1303thereof are on file with the board.  The board shall keep a
1304record in which shall be inscribed, at the request of any
1305person, firm, or corporation having or claiming to have any
1306interest in any lot or parcel of land or property, the name and
1307post office address of such person, firm, or corporation,
1308together with a brief description or designation of such lot or
1309parcel, and it shall be the duty of the board to mail a copy of
1310such notice to such person, firm, or corporation at such address
1311at least 10 days before the time for the hearing as stated in
1312such notice, but the failure of the board to keep such record or
1313so to inscribe any name or address or to mail any such notice
1314shall not constitute a valid objection to holding the hearing as
1315provided in this section or to any other action taken under the
1316authority of this section.
1317     (4)  At the time named in such notice, or to which an
1318adjournment may be taken by the board, the board shall receive
1319any objections of interested persons and may then or thereafter
1320repeal or confirm such resolution with such amendments, if any,
1321as may be desired by the board and which do not cause any
1322additional property to be specially assessed.
1323     (5)  All objections to any such resolution on the ground
1324that it contains items which cannot be properly assessed against
1325property, or that it is, for any default or defect in the
1326passage or character of the resolution or the plans or
1327specifications or estimates, void or voidable in whole or in
1328part, or that it exceeds the power of the board, shall be made
1329in writing in person or by attorney, and filed with the board at
1330or before the time or adjourned time of such hearing.  Any
1331objections against the making of any assessable improvements not
1332so made shall be considered waived, and if any objection shall
1333be made and overruled or shall not be sustained, the
1334confirmation of the resolution shall be the final adjudication
1335of the issues presented unless proper steps shall be taken in
1336the Circuit Court for the Seventeenth Circuit to secure relief
1337within 20 days.
1338     (6)  Whenever any resolution providing for the construction
1339or reconstruction of assessable improvements and for the levying
1340of special assessments upon benefited property for the payment
1341thereof shall have been confirmed, as hereinabove provided, or
1342at any time thereafter, the board may issue assessment bonds
1343payable out of such assessments when collected.  Said bonds
1344shall mature not later than 2 years after the last installment
1345in which said special assessments may be paid, as provided in
1346subsection (10), and may bear interest.  Such assessment bonds
1347shall be executed, shall have such provisions for redemption
1348prior to maturity, shall be sold in the manner and be subject to
1349all of the applicable provisions contained in this act for
1350revenue bonds, except as the same are inconsistent with the
1351provisions of this section.  The amount of such assessment bonds
1352for any assessable improvement, after the confirmation of the
1353initial resolution, shall not exceed 80 percent of the estimated
1354amount of the cost of such assessable improvements which are to
1355be specially assessed against the land or property to be
1356specially benefited thereby, as shown in the estimates of the
1357director of the authority referred to in subsection (2).  The
1358amount of such assessment bonds for any assessable improvement
1359to be issued, after the confirmation of the preliminary
1360assessment roll provided for in subsection (9), including any
1361assessment bonds theretofore issued, shall not exceed the amount
1362of special assessments actually confirmed and levied by the
1363board as provided in subsection (9). Such assessment bonds shall
1364be payable from the proceeds of the special assessments levied
1365for the assessable improvement for which such assessment bonds
1366are issued, provided, however, that the director may pledge the
1367full faith and credit of the authority for the payment of the
1368principal of and interest on such assessment bonds if the
1369issuance of such assessment bonds shall be approved in the
1370manner provided by law.
1371     (7)  After the passage of the resolution authorizing the
1372construction or reconstruction of assessable improvements has
1373been confirmed as provided in subsection (4), the authority may
1374proceed with the construction or reconstruction work in
1375accordance with the provisions of this act.  Promptly after the
1376completion of the work, the director for the authority, who is
1377hereby designated as the official of the authority to make
1378preliminary assessment of benefits from assessable improvements
1379shall prepare a preliminary assessment roll and file the same
1380with the board, which roll shall contain the following:
1381     (a)  A description of the lots and parcels of land or
1382property within the authority which will benefit from such
1383assessable improvements and the amount of such benefits to each
1384such lot or parcel of land or property, and the preliminary
1385assessment.  Such lots and parcels shall include the property of
1386the county or counties and any school district or other
1387political subdivision within the authority.  There shall also be
1388given the name of the owner of record of each lot or parcel
1389where practicable, and a statement of the method of assessment
1390used by the director.
1391     (b)  The total cost of the improvement and the amount of
1392incidental expense.
1393
1394In making such preliminary assessments, the director may use any
1395method of determining the amount of special benefits accruing to
1396each lot or parcel of land or property from such assessable
1397improvements as shall be approved by the board.  Such special
1398benefits may be based on an area assessment where benefits from
1399such assessable improvements are equal or nearly equal for lands
1400of property in a particular area, front footage, square footage
1401of structures, cubic measurement of structures, potential uses,
1402or any other factors which the board deems fair and equitable as
1403between the different lots or parcels of land or property
1404benefited.  It shall be the duty of the director in making such
1405preliminary assessment roll to view all lots or parcels of land
1406or property to be assessed, and to determine, for the
1407preliminary assessment roll, the amount of benefit which each
1408lot or parcel of land or property will receive from such
1409assessable improvements, under the method or methods prescribed
1410by the board, or any combination thereof.
1411     (8)  The preliminary roll shall be advisory only and shall
1412be subject to the action of the board as hereinafter provided.
1413Upon the filing with the board of the preliminary assessment
1414roll, the board shall publish at least once in a newspaper or
1415newspapers published or of general circulation within the
1416downtown, a notice stating that at a meeting of the board to be
1417held on a certain day and hour, not less than 15 days from the
1418date of such publication, which meeting may be a regular,
1419adjourned, or special meeting, all interested persons may appear
1420and file written objections to the confirmation of such roll.
1421Such notice shall state the class of the assessable improvements
1422and the location thereof by terminal points, route, or
1423otherwise. The board shall also mail a copy of such notice to
1424the persons, firms, or corporations referred to in subsection
1425(3) at least 10 days before the time for the meeting as stated
1426in such notice, but the failure of the board to mail any such
1427notice shall not constitute a valid objection to holding such
1428meeting or to any other action taken under the authority of this
1429section.
1430     (9)  At the time and place stated in such notice, the board
1431shall meet and receive the objections in writing of all
1432interested persons as stated in such notice.  The board may
1433adjourn the hearing from time to time.  After the completion
1434thereof the board shall either annul or sustain or modify in
1435whole or in part the preliminary assessment as indicated on such
1436roll, either by confirming the preliminary assessment against
1437any or all lots or parcels described therein or by canceling,
1438increasing, or reducing the same, according to the special
1439benefits which the board decides each such lot or parcel has
1440received or will receive on account of such improvement.  If any
1441property which may be chargeable under this section shall have
1442been omitted from the preliminary roll, or if the preliminary
1443assessment shall not have been made against it, the board may
1444place on such roll an apportionment to such property.  The board
1445shall not confirm any assessment in excess of the special
1446benefits to the property assessed, and the assessments so
1447confirmed shall be in proportion to the special benefits.  The
1448assessment so made shall be final and conclusive as to each lot
1449or parcel assessed unless proper steps be taken within 30 days
1450in the Circuit Court for the Seventeenth Circuit to secure
1451relief.  If the assessment against any property shall be
1452sustained or reduced or abated by the court, the board shall
1453note that fact on the assessment roll opposite the description
1454of the property affected thereby.  The amount of the special
1455assessment against any lot or parcel which may be reduced or
1456abated by the court, unless the assessment upon the entire
1457authority be reduced or abated, or the amount by which such
1458assessment is so reduced or abated, may by resolution of the
1459board be made chargeable against the authority at large; or, at
1460the discretion of the board, a new assessment roll may be
1461prepared and confirmed in the manner hereinbefore provided for
1462the preparation and confirmation of the original assessment
1463roll.
1464     (10)  Any assessment may be paid at the office of the board
1465within 60 days after the confirmation thereof, without interest.
1466Thereafter all assessments shall be payable at such times, over
1467such period of years not exceeding 20 years, and in such annual
1468or other installments with interest at such rate not exceeding 8
1469percent per annum on the principal amount of such  assessments
1470from the expiration of said 60 days, as the board shall
1471determine by resolution.  The board may provide that any
1472assessment may be paid at any time before due together with
1473interest accrued thereon to the date of prepayment, if such
1474prior payment shall be permitted by the proceedings authorizing
1475any assessment bonds or other obligations for the payment of
1476which such special assessments have been pledged.
1477     (11)  All such special assessments shall be collected by
1478the city tax collector, or by such other officer or agent as the
1479board may designate, at such time or times as the board shall
1480specify in the proceedings authorizing or confirming the special
1481assessments, and if no other time is specified then at the same
1482time as general city taxes are collected in the city.
1483     (12)  All assessments shall constitute a lien upon the
1484property so assessed from the date of confirmation of the
1485resolution ordering the improvement, of the same nature and to
1486the same extent as the lien for general city taxes falling due
1487in the same year or years in which such assessment or
1488installments thereof fall due, and any assessment or installment
1489not paid when due shall be collectible with such interest and
1490with a reasonable attorney's fee and costs, but without
1491penalties, by the authority by proceedings in the Circuit Court
1492for the Seventeenth Circuit to foreclose the lien of
1493assessments, as a lien for mortgages is or may be foreclosed
1494under the laws of the state, provided that any such proceedings
1495to foreclose shall embrace all installments of principal
1496remaining unpaid with accrued interest thereon, which
1497installments shall, by virtue of the institution of such
1498proceedings, immediately become due and payable.  Nevertheless,
1499if prior to any sale of the property under decree of foreclosure
1500in such proceedings, payment be made of the installment or
1501installments which are shown to be due under the provisions of
1502the resolution passed pursuant to subsections (9) and (10), and
1503all costs including interest and attorney's fees, such payment
1504shall have the effect of restoring the remaining installments to
1505their original maturities, and the proceedings shall be
1506dismissed.  It shall be the duty of the authority to enforce the
1507prompt collection of assessments by the means herein provided,
1508and such duty may be enforced at the suit of any holder of bonds
1509issued under this act in the Circuit Court for the Seventeenth
1510Circuit by mandamus or other appropriate proceedings or action.
1511Not later than 30 days after any installments are due and
1512payable, it shall be the duty of the board to direct the
1513attorney or attorneys whom the board shall then designate to
1514institute action within 2 months after such direction to enforce
1515the collection of all special assessments for assessable
1516improvements made under this section and remaining due and
1517unpaid at the time of such direction.  Such action shall be
1518prosecuted in a manner and under the conditions in and under
1519which mortgages are foreclosed under the laws of the state.  It
1520shall be lawful to join in one action the collection of
1521assessments against any or all property assessed by virtue of
1522the same assessment roll unless the court shall deem such
1523joinder prejudicial to the interests of any defendant.  The
1524court shall allow a reasonable attorney's fee for the attorney
1525or attorneys of the authority, and the same shall be collectible
1526as a part of or in addition to the costs of the action.  At the
1527sale pursuant to decree in any such action, the authority may be
1528a purchaser to the same extent as an individual person or
1529corporation, except that the part of the purchase price
1530represented by the assessments sued upon and the interest
1531thereon need not be paid in cash.  Property so acquired by the
1532authority may be sold or otherwise disposed of, the proceeds of
1533such disposition to be placed in the fund provided by subsection
1534(13) of this section, provided, however, that no sale or other
1535disposition thereof shall be made unless the notice calling for
1536bids therefor to be received at a stated time and place shall
1537have been published at least once in a newspaper or newspapers
1538published or of general circulation in the downtown.
1539     (13)  All assessments and charges made under the provisions
1540of this section for the payment of all or any part of the cost
1541of any assessable improvements for which assessment bonds shall
1542have been issued under the provisions of this law, or which have
1543been pledged as additional security for any other bonds or
1544obligations issued under this act, shall be maintained in a
1545special fund or funds and be used only for the payment of
1546principal or interest on such assessment bonds or other bonds or
1547obligations.
1548     (14)  Subject to the terms of any bonds or other obligation
1549payable from or secured by the assessments provided for herein,
1550the board may at any time and from time to time modify, in whole
1551or in part, or revoke any plan or specification for any
1552assessable improvement.  In connection with the revision of any
1553such plan or specification, benefits may be reassessed or
1554additional assessments made in accordance with the provisions
1555and procedures of this section.  The board may at any time
1556approve and make effective technical changes and modifications
1557of any plan for any improvement not affecting the determination
1558of assessed benefits or the security of bond owners.
1559     Section 20.  Encouragement of private enterprise.--The
1560authority, to the greatest extent it determines to be feasible
1561in carrying out the provisions of this act, shall afford maximum
1562opportunity, consistent with the sound needs of said authority
1563as a whole, to the rehabilitation or redevelopment of the
1564renewal area by private enterprise.  The authority shall give
1565consideration to this objective in exercising its powers under
1566this act, including the approval of renewal plans (consistent
1567with the general plan of the city), the enforcement of
1568restrictions, regulations, and agreements relating to the use of
1569land and the use and occupancy of buildings and improvements,
1570the disposition of any property acquired, and the provision of
1571necessary public improvements.
1572     Section 21.  Workable program.--The authority for the
1573purposes of this act may cooperate with the city, or with
1574Broward County, in the formulation of a workable program for
1575community improvements, utilizing appropriate private and public
1576resources to eliminate and prevent the development or spread of
1577slums and urban blight, to encourage needed urban
1578rehabilitation, to provide for the redevelopment of slum and
1579blighted areas, or to undertake such of the aforesaid activities
1580or other feasible municipal activities as may be suitably
1581employed to achieve the objectives of such workable program.
1582Such workable program may include, without limitation,
1583provisions for:  the prevention of the spread of blight into
1584areas of the authority which are free from blight through
1585diligent enforcement of housing, zoning, and occupancy controls
1586and standards; the rehabilitation or conservation of slum and
1587blighted areas or portions thereof by replanning, removing
1588congestion, providing parks, playgrounds, and other public
1589improvements, by encouraging voluntary rehabilitation, and by
1590compelling the repair and rehabilitation of deteriorated or
1591deteriorating structures; and the clearance and redevelopment of
1592slum and blighted areas or portions thereof.
1593     Section 22.  Renewal projects and plans.--
1594     (1)  The authority shall not approve a renewal project for
1595a renewal area unless the board has, by resolution, determined
1596such area to be a slum area or a blighted area or a combination
1597thereof and designated such area as appropriate for a renewal
1598project.  Said board shall not approve a renewal plan until a
1599general plan for the downtown has been prepared.  For this
1600purpose and other authority purposes, authority is hereby vested
1601in said authority to prepare, to adopt, and to revise from time
1602to time a general plan for the physical development of the
1603downtown as a whole (giving due regard to the environs and
1604metropolitan surroundings), provided, however, that the
1605Legislature finds that all of the requirements of a general plan
1606for the physical development of the downtown have been fulfilled
1607by the Plans and Proposals of either Concepts A or B of the 1967
1608Fort Lauderdale Central Area Study prepared for the authority by
1609Victor Gruen, Architect, F.A.I.A.  The authority may revise said
1610general plan from time to time and may adopt another general
1611plan.
1612     (2)  The authority may prepare or cause to be prepared a
1613renewal plan, or any person or agency, public or private, may
1614submit such a plan to said authority.  Prior to its approval of
1615a renewal project, the board shall submit such plan to the
1616planning board of the city for review and recommendations as to
1617its conformity with the general plan for the development of the
1618city as a whole.  The planning board shall submit its written
1619recommendations with respect to the proposed renewal plan to the
1620authority within 30 days after receipt of the plan for review.
1621Upon receipt of the recommendations of the planning board, or,
1622if no recommendations are received within said 30 days, then
1623without such recommendations, said authority may proceed with
1624the hearing on the proposed renewal project prescribed herein.
1625No person other than the city shall be entitled to raise the
1626question of inconsistency of any plan with the general plan of
1627the city.
1628     (3)  The authority shall hold a public hearing on a renewal
1629project, after public notice thereof by publication in a
1630newspaper having a general circulation in the area of operation
1631of the authority.  The notice shall describe the time, date,
1632place, and purpose of the hearing, shall generally identify the
1633renewal area covered by the plan, and shall outline the general
1634scope of the renewal project under consideration.
1635     (4)  Following such hearing, the authority may approve a
1636renewal project if it finds that:
1637     (a)  A feasible method exists for the location of families
1638who will be displaced from the renewal area in decent, safe, and
1639sanitary dwelling accommodations within their means and without
1640undue hardship to such families.
1641     (b)  The renewal plan conforms to the general plan of the
1642municipality as a whole.
1643     (c)  The renewal plan will afford maximum opportunity,
1644consistent with the sound needs of the municipality as a whole,
1645for the rehabilitation or redevelopment of the renewal area by
1646private enterprise.
1647     (5)  A renewal plan may be modified at any time, provided
1648that if modified after the lease or sale by the authority of
1649real property in the renewal project area, such modification may
1650be conditioned upon such approval of the owner, lessee, or
1651successor in interest as the authority may deem advisable and in
1652any event shall be subject to such rights at law or in equity as
1653a lessee or purchaser, or his or her successor or successors in
1654interest, may be entitled to assert.
1655     (6)  Upon the approval by the authority of a renewal plan
1656or of any modification thereof, such plan or modification shall
1657be deemed to be in full force and effect for the respective
1658renewal area and the authority may then cause such plan or
1659modification to be carried out in accordance with its terms.
1660     (7)  Notwithstanding any other provisions of this act,
1661where the authority certifies that an area is in need of
1662redevelopment or rehabilitation as a result of a flood, fire,
1663hurricane, earthquake, storm, or other catastrophe respecting
1664which the Governor has certified the need for disaster
1665assistance under Public Law 875, Eighty-first Congress, or other
1666federal law, the board may approve a renewal plan and a renewal
1667project with respect to such area without regard to the
1668provisions of subsection (4) of this section and the provisions
1669of this section requiring a general plan for the city and the
1670public hearing on the renewal project.
1671     Section 23.  Powers.--The authority shall have all the
1672powers necessary or convenient to carry out and effectuate the
1673purposes and provisions of this act, including the following
1674powers in addition to others herein granted:
1675     (1)  To undertake and carry out renewal projects within its
1676area of operation; to make and execute contracts and other
1677instruments necessary or convenient to the exercise of its
1678powers under this act; and to disseminate slum clearance and
1679renewal information.
1680     (2)  To provide or to arrange or contract for the
1681furnishing or repair by any person or agency, public or private,
1682of services, privileges, works, streets, roads, public
1683utilities, or other facilities for or in connection with a
1684renewal project; to install, construct, and reconstruct streets,
1685utilities, parks, playgrounds, and other public improvements;
1686and to agree to any conditions that it may deem reasonable and
1687appropriate attached to federal financial assistance and imposed
1688pursuant to federal law relating to the determination of
1689prevailing salaries or wages or compliance with labor standards,
1690in the undertaking or carrying out of a renewal project, and to
1691include in any contract let in connection with such a project
1692provisions to fulfill such of said conditions as it may deem
1693reasonable and appropriate.
1694     (3)  Within its area of operation, to enter into any
1695building or property in any renewal area in order to make
1696inspections, surveys, appraisals, soundings, or test borings,
1697and to obtain an order for this purpose from a court of
1698competent jurisdiction in the event entry is denied or resisted;
1699to acquire by purchase, lease, option, gift, grant, bequest,
1700devise, eminent domain, or otherwise any real property (or
1701personal property for its administrative purposes) together with
1702any improvements thereon; to hold, improve, clear, or prepare
1703for redevelopment any such property; to dispose of any real
1704property; to insure or provide for the insurance of any real or
1705personal property or operation of the authority against any
1706risks or hazards, including the power to pay premiums on any
1707such insurance; and to enter into any contracts necessary to
1708effectuate the purposes of this act provided, however, that no
1709statutory provision with respect to the acquisition, clearance,
1710or disposition of property by public bodies shall restrict the
1711authority in the exercise of such functions with respect to a
1712renewal project, unless the Legislature shall specifically so
1713state.
1714     (4)  To invest any renewal project funds held in reserves
1715or sinking funds or any such funds not required for immediate
1716disbursement, in property or securities in which banks may
1717legally invest funds subject to their control, and to redeem
1718such bonds as have been issued pursuant to this act at the
1719redemption price established therein or to purchase such bonds
1720at less than redemption price, all such bonds so redeemed or
1721purchased to be canceled.
1722     (5)  To borrow money and to apply for and accept advances,
1723loans, grants, contributions, and any other form of financial
1724assistance from the Federal Government, the state, county, city,
1725or other public body, or from any sources, public or private,
1726for the purposes of this act, and to give such security as may
1727lawfully be required and to enter into and carry out contracts
1728in connection therewith.  The authority may include in any
1729contract for financial assistance with the Federal Government
1730for a renewal project such conditions imposed pursuant to
1731federal laws as the authority may deem reasonable and
1732appropriate and which are not inconsistent with the purposes of
1733this act.
1734     (6)  Within its area of operation, to make or have made all
1735surveys and plans necessary to the carrying out of the purposes
1736of this act and to contract with any person, public or private,
1737in making and carrying out such plans and to adopt or approve,
1738modify and amend such plans.  Such plans may include, without
1739limitation:
1740     (a)  A general plan for the locality as a whole.
1741     (b)  Renewal plans.
1742     (c)  Preliminary plans outlining renewal activities for
1743neighborhoods to embrace two or more renewal areas.
1744     (d)  Plans for carrying out a program of voluntary or
1745compulsory repair and rehabilitation of buildings and
1746improvements.
1747     (e)  Plans for the enforcement of state and local laws,
1748codes, and regulations relating to the use of land and the use
1749and occupancy of buildings and improvements and to the
1750compulsory repair, rehabilitation, demolition, or removal of
1751buildings and improvements.
1752     (f)  Appraisals, title searches, surveys, studies, and
1753other plans and work necessary to prepare for the undertaking of
1754renewal projects.  The authority is authorized to develop, test,
1755and report methods and techniques, and carry out demonstrations
1756and other activities, for the prevention and the elimination of
1757slums and blight and to apply for, accept, and utilize grants of
1758funds from the Federal Government for such purposes.
1759     (7)  To prepare plans for the relocation of persons,
1760including families, business concerns, and others, displaced by
1761a renewal project, and to make relocation payments to or with
1762respect to such persons for moving expenses and losses of
1763property for which reimbursement or compensation is not
1764otherwise made, including the making of such payments financed
1765by the Federal Government.
1766     (8)  To appropriate such funds and make such expenditures
1767as may be necessary to carry out the purposes of this act, and
1768to levy taxes and assessments for such purposes, subject to
1769millage limitations of this act and the State Constitution.
1770     (9)  To plan or replan streets, roads, sidewalks, ways, or
1771other places and to plan or replan any part of the downtown.
1772     (10)  Within its area of operation, to organize,
1773coordinate, and direct the administration of the provisions of
1774this act as they apply to such authority in order that the
1775objective of remedying slum and blighted areas and preventing
1776the causes thereof within such authority may be most effectively
1777promoted and achieved, and to establish such new office or
1778offices of the authority or to reorganize existing offices in
1779order to carry out such purpose most effectively.
1780     (11)  To exercise all or any part or combination of powers
1781herein granted.
1782     Section 24.  Disposal of property in renewal area.-
1783     (1)  The authority may sell, lease, or otherwise transfer
1784real property or any interest therein acquired by it, and may
1785enter into contracts with respect thereto, in a renewal area for
1786residential, recreational, commercial, industrial, or other uses
1787or for public use, or may retain such property or interest for
1788public use, in accordance with the renewal plan, subject to such
1789covenants, conditions, and restrictions, including covenants
1790running with the land, as may be deemed to be necessary or
1791desirable to assist in preventing the development or spread of
1792future slums or blighted areas or to otherwise carry out the
1793purposes of this act, provided that such sale, lease, other
1794transfer, or retention, and any agreement relating thereto, may
1795be made only after the approval of the renewal plan by the
1796board.  The purchasers or lessees and their successors and
1797assigns shall be obligated to devote such real property only to
1798the uses specified in the renewal plan, and may be obligated to
1799comply with such other requirements as the authority may
1800determine to be in the renewal plan, and may be obligated to
1801comply with such other requirements as the authority may
1802determine to be in the public interest, including the obligation
1803to begin within a reasonable time any improvements on such real
1804property required by the renewal plan.  Such real property or
1805interest shall be sold, leased, otherwise transferred, or
1806retained at not less than its fair value for uses in accordance
1807with the renewal plan. In determining the fair value of real
1808property for uses in accordance with the renewal plan, the
1809authority shall take into account and give consideration to the
1810uses provided in such plan; the restrictions upon, and the
1811covenants, conditions, and obligations assumed by, the purchaser
1812or lessee or by the authority retaining the property; and the
1813objectives of such plan for the prevention of the recurrence of
1814a slum or blighted areas. The authority in any instrument of
1815conveyance to a private purchaser or lessee may provide that
1816such purchaser or lessee, shall be without power to sell, lease,
1817or otherwise transfer the real property without the prior
1818written consent of the authority until he or she has obligated
1819himself or herself to construct thereon.  Real property acquired
1820by the authority which, in accordance with the provisions of the
1821renewal plan, is to be transferred shall be transferred as
1822rapidly as feasible in the public interest consistent with the
1823carrying out of the provisions of the renewal plan.  Any
1824contract for such transfer and the renewal plan (or such part or
1825parts of such contract or plan as the authority may determine)
1826may be recorded in the office of the Clerk of the Circuit Court
1827of Broward County.
1828     (2)  The authority may dispose of real property in a
1829renewal area to private persons only under such reasonable
1830competitive bidding procedures as it shall prescribe or as
1831hereinafter provided in this subsection.  The authority may, by
1832public notice by publication in a newspaper having a general
1833circulation in the community (30 days prior to the execution of
1834any contract to sell, lease, or otherwise transfer real property
1835and prior to the delivery of any instrument of conveyance with
1836respect thereto under the provisions of this section) invite
1837proposals from and make available all pertinent information to
1838private redevelopers or any persons interested in undertaking to
1839redevelop or rehabilitate a renewal area, or any part thereof.
1840Such notice shall identify the area, or portion thereof, and
1841shall state that proposals shall be made by those interested
1842within 30 days after the date of publication of said notice, and
1843that such further information as is available may be obtained at
1844such office as shall be designated in said notice.  The
1845authority shall consider all such redevelopment or
1846rehabilitation proposals and the financial and legal ability of
1847the persons making such proposals to carry them out, and may
1848negotiate with any persons for proposals for the purchase,
1849lease, or other transfer of any real property acquired by the
1850authority in the renewal area.  The authority may accept such
1851proposal as it deems to be in the public interest and in
1852furtherance of the purposes of this act,  provided that a
1853notification of intention to accept such proposal shall be filed
1854with the board not less than 30 days prior to such acceptance.
1855Thereafter, the authority may execute such contract in
1856accordance with the provisions of subsection (1) and deliver
1857deeds, leases, and other instruments and take all steps
1858necessary to effectuate such contract.
1859     (3)  The authority may temporarily operate and maintain
1860real property acquired in a renewal area pending the disposition
1861of the property as authorized in this act, without regard to the
1862provisions of subsection (1), for such uses and purposes as may
1863be deemed desirable even though not in conformity with the
1864renewal plan.
1865     Section 25.  Issuance of bonds.-
1866     (1)  The authority shall have the power to issue bonds from
1867time to time in its discretion to finance the undertaking of any
1868renewal project under this act, including without limiting the
1869generality thereof, the payment of principal and interest upon
1870any advances for surveys and plans, and shall also have power to
1871issue refunding bonds for the payment or retirement of such
1872bonds previously issued by it.  Such bonds may be made payable
1873as to bond principal and interest, from the income, proceeds,
1874revenues, and funds of the authority derived from or held in
1875connection with its undertaking and carrying out of renewal
1876projects under this act, provided, however, that payment of such
1877bonds, both as to principal and interest, may be further secured
1878by a pledge of any loan, grant, or contribution from the Federal
1879Government or other source, in aid of any renewal projects of
1880the authority under this act.
1881     (2)  Bonds issued under this section shall not constitute
1882an indebtedness within the meaning of any constitutional or
1883statutory debt limitation or restriction, and shall not be
1884subject to the provisions of any other law or charter relating
1885to the authorization, issuance, or sale of bonds.  Bonds issued
1886under the provisions of this act are declared to be issued for
1887an essential public and governmental purpose and, together with
1888interest thereon and income therefrom, shall be exempted from
1889all taxes.
1890     (3)  Bonds issued under this section shall be authorized by
1891resolution or ordinance of the board and may be issued in one or
1892more series and shall bear such date or dates, be payable upon
1893demand or mature at such time or times, bear such interest, be
1894in such denomination or denominations, be in such form either
1895coupon or registered, carry such conversion or registration
1896privileges, have such rank or priority, be executed in such
1897manner, be payable in such medium of payment, at such place or
1898places, and be subject to such terms of redemption (with or
1899without premium), be secured in such manner, and have such other
1900characteristics as may be provided by such resolution or trust
1901indenture or mortgage issued pursuant thereto.
1902     (4)  Such bonds may be sold at not less than par at public
1903sales held after notice published prior to such sale in a
1904newspaper having a general circulation in the area of operation
1905and in such other medium of publications as the authority may
1906determine or may be exchanged for other bonds on the basis of
1907par, provided that such bonds may be sold to the Federal
1908Government at private sale at not less than par and, in the
1909event less than all of the authorized principal amount of such
1910bonds is sold to the Federal Government, the balance may be sold
1911at private sale at not less than par at an interest cost to the
1912authority not to exceed the interest cost to the authority of
1913the portion of the bonds sold to the Federal Government.
1914     (5)  In case any of the public officials of the authority
1915whose signatures appear on any bonds or coupons issued under
1916this act shall cease to be such officials before the delivery of
1917such bonds, such signatures shall, nevertheless, be valid and
1918sufficient for all purposes, the same as if such officials had
1919remained in office until such delivery.  Any provisions of any
1920law to the contrary notwithstanding, any bonds issued pursuant
1921to this act shall be fully negotiable.
1922     (6)  In any suit, action, or proceeding involving the
1923validity or enforceability of any bond issued under this act or
1924the security therefor, any such bond reciting in substance that
1925it has been issued by the authority in connection with a renewal
1926project, as herein defined, shall be conclusively deemed to have
1927been issued for such purpose and such project shall be
1928conclusively deemed to have been planned, located, and carried
1929out in accordance with the provisions of this act.
1930     Section 26.  Bonds as legal investments.--All banks, trust
1931companies, bankers, savings banks and institutions, building and
1932loan associations, savings and loan associations, investment
1933companies, and all other persons carrying on a banking or
1934investment business; all insurance companies, insurance
1935associations, and other persons carrying on an insurance
1936business; and all executors, administrators, curators, trustees,
1937and other fiduciaries may legally invest any sinking funds,
1938moneys, or other funds belonging to them or within their control
1939in any bonds or other obligations issued by the authority
1940pursuant to this act, provided that such bonds and other
1941obligations shall be secured by an agreement between the issuer
1942and the Federal Government in which the issuer agrees to borrow
1943from the Federal Government and the Federal Government agrees to
1944lend to the issuer, prior to the maturity of such bonds or other
1945obligations, moneys in an amount which (together with any other
1946moneys irrevocably committed to the payment of interest on such
1947bonds or other obligations) will suffice to pay the principal of
1948such bonds or other obligations with interest to maturity
1949thereon, which moneys under the terms of said agreement are
1950required to be used for the purpose of paying the principal of
1951and the interest on such bonds or other obligations at their
1952maturity.  Such bonds and other obligations shall be authorized
1953security for all public deposits.  It is the purpose of this
1954section to authorize any persons, political subdivisions, and
1955officers, public or private, to use any funds owned or
1956controlled by them for the purpose of any such bonds or other
1957obligations.  Nothing contained in this section with regard to
1958legal investments shall be construed as relieving any person of
1959any duty of exercising reasonable care in selecting securities.
1960     Section 27.  Exemption from execution.--All property of the
1961authority, including funds, owned or held by it for the purposes
1962of this act shall be exempt from levy and sale by virtue of an
1963execution, and no execution or other judicial process shall
1964issue against the same, nor shall judgment against the authority
1965be a charge or lien upon such property, provided, however, that
1966the provisions of this section shall not apply to or limit the
1967right of obligees to pursue any remedies for the enforcement of
1968any pledge or lien given pursuant to this act by the authority
1969on its rents, fees, grants, or revenues from renewal projects.
1970     Section 28.  Cooperation by public bodies.--
1971     (1)  For the purpose of aiding in the planning,
1972undertaking, or carrying out of a renewal project located within
1973the area in which it is authorized to act, any public body may,
1974upon such terms, with or without consideration, as it may
1975determine:
1976     (a)  Dedicate, sell, convey, or lease any of its interest
1977in any property or grant easements, licenses, or other rights or
1978privileges therein to the authority.
1979     (b)  Incur the entire expense of any public improvements
1980made by such public body in exercising the powers granted in
1981this section.
1982     (c)  Do any and all things necessary to aid or cooperate in
1983the planning or carrying out of a renewal plan.
1984     (d)  Lend, grant, or contribute funds to said authority.
1985     (e)  Enter into agreements (which may extend over any
1986period, notwithstanding any provision or rule of law to the
1987contrary) with said authority or other public body respecting
1988action to be taken pursuant to any of the powers granted by this
1989act, including the furnishing of funds or other assistance in
1990connection with a renewal project.
1991     (f)  Cause public buildings and public facilities,
1992including parks and playgrounds, recreational, community,
1993educational, water, sewer, or drainage facilities, or any other
1994works which it is otherwise empowered to undertake or to be
1995furnished, furnish, dedicate, close, vacate, pave, install,
1996grade, regrade, plan, or replan streets, roads, sidewalks, ways,
1997or other places; plan or replan or zone or rezone any part of
1998the public body or make exceptions from building regulations;
1999and cause administrative and other services to be furnished to
2000the authority.
2001
2002If at any time title to or possession of any renewal project is
2003held by any public body or governmental agency, other than the
2004authority, which is authorized by law to engage in the
2005undertaking, carrying out, or administration of renewal projects
2006(including any agency or instrumentality of the United States of
2007America), the provisions of the agreements referred to in this
2008section shall inure to the benefit of, any may be enforced by,
2009such public body or governmental agency.
2010     (2)  Any sale, conveyance, lease, or agreement provided for
2011in this section may be made by a public body without appraisal,
2012public notice, advertisement, or public bidding.
2013     (3)  For the purpose of aiding in the planning,
2014undertaking, or carrying out of a renewal project of the
2015authority hereunder, the city may (in addition to its other
2016powers and upon such terms, with or without consideration, as it
2017may determine) do and perform any or all of the actions or
2018things which, by the provisions of subsection (1), a public body
2019is authorized to do or perform, including the furnishing of
2020financial and other assistance.
2021     (4)  For the purposes of this section, or for the purpose
2022of aiding in the planning, undertaking, or carrying out of a
2023renewal project of the authority, said authority may in addition
2024to any other authority to issue bonds pursuant to this act issue
2025and sell its general obligation bonds. Any bonds issued by the
2026authority pursuant to this section shall be issued in the manner
2027and within the limitations prescribed by the laws of this state
2028for the issuance and authorization of bonds by such authority
2029for public purposes generally, except as to constitutional
2030requirements.
2031     Section 29.  Title of purchaser.--Any instrument executed
2032by the authority and purporting to convey any right, title, or
2033interest in any property under this act shall be conclusively
2034presumed to have been executed in compliance with the provisions
2035of this act insofar as title or other interest of any bona fide
2036purchaser, lessee, or transferee of such property is concerned.
2037     Section 30.  Maximum millage.--The maximum millage of the
2038ad valorem tax authorized to be levied to finance the operation
2039of the authority may be increased by the board so as to be any
2040rate not exceeding 10 mills which shall have been approved by
2041vote of the majority of those voting in a referendum in which
2042those participating are limited to the electors of the downtown
2043who at the time of the referendum are owners of freeholds in the
2044downtown not wholly exempt from taxation and who are then duly
2045registered for an authority referendum as authorized by this
2046act.
2047     Section 31.  Severability.--If any section, clause,
2048sentence, or provision of this act or the application of such
2049section, clause, sentence, or provision to any person or bodies
2050or under any circumstances shall be held to be inoperative,
2051invalid, or unconstitutional, the invalidity of such section,
2052clause, sentence, or provision shall not be deemed, held, or
2053taken to affect the validity or constitutionality of any of the
2054remaining parts of this act, or the application of any of the
2055provisions of this act to persons, bodies, or in circumstances
2056other than those as to which it or any part thereof shall have
2057been inoperative, invalid, or unconstitutional, and it is
2058intended that this act shall be construed and applied as if any
2059section, clause, sentence, or provision held inoperative,
2060invalid, or unconstitutional had not been included in this act.
2061     Section 32.  Liberal construction.--The provisions of this
2062act shall be liberally construed to effect its purposes and
2063shall be deemed cumulative, supplemental and alternative
2064authority for the exercise of the powers provided herein.
2065     Section 33.  This act shall be known and may be cited as
2066the "Fort Lauderdale Downtown Development Authority Law."
2067     Section 34.  (1)  TRUST FUND; CREATION, DURATION, USE, AND
2068TERMINATION.--
2069     (a)  There is established a fund to be known as the
2070Redevelopment Trust Fund of the Downtown Development Authority
2071of the City of Fort Lauderdale.  In addition to any other funds
2072available to the authority, funds allocated to and deposited
2073into said redevelopment trust fund may be used by the authority,
2074subject to prior approval by the board of trustees and pursuant
2075to the provisions of this act, to finance or refinance all or
2076part of the cost of construction or acquisition of any project
2077now or hereafter undertaken by the authority individually or
2078with or by any other governmental entity.
2079     (b)  Anything to the contrary notwithstanding, the
2080redevelopment trust fund shall not come into existence until
2081this act has been approved by an ordinance adopted by the Board
2082of County Commissioners of Broward County and by an ordinance
2083adopted by the City Commission of the City of Fort Lauderdale.
2084Upon the final adoption and passage of such ordinance by the
2085Board of County Commissioners of Broward County and the City
2086Commission of the City of Fort Lauderdale, the redevelopment
2087trust fund shall thereafter continue in full force and effect in
2088accordance with all of the terms and provisions this act.
2089     (c)  If the Downtown Development Authority of the City of
2090Fort Lauderdale ceases to exist, the redevelopment trust fund
2091shall be dissolved, and all funds previously deposited therein
2092by a taxing authority together with a pro rata share of any
2093interest having accrued thereon shall be returned to such taxing
2094authority, after the indebtedness outstanding against the
2095authority is retired and any expenses incurred in servicing the
2096indebtedness is paid, provided, however, that in no event shall
2097the redevelopment trust fund continue to exist after the payment
2098in full of such indebtedness and expenses incurred in servicing
2099the indebtedness.
2100     (d)  The term of bonds issued in accordance with section 16
2101of this act, for which the development trust fund has been
2102pledged, may extend beyond the life of the redevelopment trust
2103fund if the City of Fort Lauderdale and Broward County have
2104agreed to service and pay such bonds after the expiration of the
2105fund.  In such an event, after the redevelopment trust fund
2106expires, the county shall continue to levy and collect the tax
2107authorized by this law and use the revenue therefrom to retire
2108the bonds and to pay any expenses necessary for servicing the
2109bonds until the bonds are retired.  Any excess revenue remaining
2110after the bonds are retired, together with a pro rata share of
2111any interest having accrued thereon, shall be returned to the
2112taxing authorities.
2113     (2)  FUNDING.--The funding of the redevelopment trust fund
2114shall take place annually commencing with the ad valorem taxes
2115levied and assessed for the year 1980, or the year in which the
2116ordinances provided for in paragraph (b) of subsection (2) are
2117adopted by the County Commission of Broward County and the City
2118Commission of the City of Fort Lauderdale, whichever shall occur
2119last.  The funding of the redevelopment trust fund shall not
2120exceed that amount equal to the difference between:
2121     (a)  The amount of ad valorem taxes levied each year by or
2122for all taxing authorities, except school districts and the
2123authority, on its buildings, fixtures, and other improvements
2124upon taxable real property contained within the geographic
2125boundaries of the renewal area; and
2126     (b)  The amount of ad valorem taxes which would have been
2127produced at the rate upon which the ad valorem taxes are levied
2128each year or for all taxing authorities, except school districts
2129and the authority, upon the total of the assessed value of all
2130building fixtures, and other improvements upon taxable real
2131property in the renewal area, which building, fixtures, and
2132improvements appeared and were listed upon the most recent tax
2133assessment roll used by each taxing authority, except school
2134districts and the authority, prior to the effective date of this
2135act.  Taxes levied and assessed on the real property upon which
2136such buildings, fixtures, and improvements are located shall not
2137be included in the annual funding calculation of the
2138redevelopment trust fund.
2139     (3)  ANNUAL APPROPRIATION.--
2140     (a)  For the first 5 years during which the redevelopment
2141trust fund is in existence, each taxing authority, except school
2142districts and the authority, shall annually appropriate from any
2143available funds a sum which is not less in amount than the
2144increment of ad valorem tax revenues, as defined and determined
2145in subsection (3) accruing to said taxing authority.
2146     (b)  During each year subsequent to the fifth year of the
2147existence of the redevelopment trust fund, each taxing
2148authority, except school districts and the authority, shall, on
2149a pro rata basis, appropriate to said fund a sum which is no
2150less than the amount determined by the board to be necessary
2151during the next fiscal year in order to provide for payment of
2152any bonds, loans, advances, undertakings, or indebtedness, plus
2153interest accruing thereon, or any other financial obligation
2154approved by the board and to the payment of which redevelopment
2155trust funds have been pledged or committed. The redevelopment
2156trust fund budget for each fiscal year shall be prepared and
2157approved by the board and trustees and a copy thereof shall be
2158furnished to each taxing authority, except school districts, at
2159least 30 days prior to the first day of such fiscal year.  The
2160ad valorem tax revenues as defined and determined in subsection
2161(3) accruing to such authorities.
2162     (c)  The obligation of the taxing authorities, except
2163school districts and the authority, to make annual
2164appropriations to the fund shall continue so long as the
2165authority exists, or until all bonds, loans, advances, and
2166indebtedness, or interest thereof, incurred by the authority
2167under this act, and for which redevelopment trust funds have
2168been pledged have been paid, provided that such obligation shall
2169be imposed on the annual tax increment calculated in accordance
2170with subsection (3) is greater than zero.
2171     (4)  BOARD OF TRUSTEES.--
2172     (a)  The redevelopment Trust Fund of the Downtown
2173Development Authority of the City of Fort Lauderdale shall be
2174subject to the jurisdiction, administration, and control of a
2175board of trustees consisting of five members.
2176     (b)   Within 30 days after the board of County
2177Commissioners of Broward County adopts the ordinance approving
2178the act, the board of County Commissioners of Broward County
2179shall appoint two of its members to the board of trustees, the
2180City Commission of the City of Fort Lauderdale shall appoint two
2181members of its commission to the board of trustees, and the
2182Downtown Development Authority of the City of Fort Lauderdale,
2183shall appoint one member of the board of trustees.  All
2184appointments shall be by resolution.  The terms of office of a
2185member of the board of trustees shall be 1 year from the date of
2186appointment.  A vacancy occurring during a term shall be filled
2187for the unexpired portion of the terms by the governing body
2188which made the original appointment.  A member of the board of
2189trustees shall continue to serve until his or her successor has
2190been appointed.  Decisions of the board of trustees shall be
2191made on the affirmative vote of a majority of its members.
2192     (c)  The board of trustees shall control, operate, and
2193administer the Redevelopment Trust Fund of the Downtown
2194Development Authority of the City of Fort Lauderdale as provided
2195in this section.  No project for which redevelopment trust funds
2196are to be used shall be undertaken unless first approved by a
2197resolution of the board of trustees.  Any such project shall be
2198acquired, constructed, and operated in accordance with the
2199provisions of such resolution and shall not be conveyed by the
2200authority to any person unless such conveyance is first approved
2201by a resolution of the board of trustees.  The board of trustees
2202may attach such conditions to the approval of such project as
2203the board of trustees deems necessary.  The authority shall not
2204pledge funds in the redevelopment trust fund for the payment of
2205any bond, loan, advance, or indebtedness, unless the authority
2206has, by a resolution, pledged said funds for the time during
2207which any such bond, loan, advance, or indebtedness, or any
2208interest thereon, remains unpaid.
2209     (5)  REVENUE BONDS AND NOTES.--
2210     (a)  Revenue bonds and notes of every issue under this
2211section shall be payable solely out of revenues deposited in the
2212authority's development trust fund.  The lien created by such
2213revenue bonds and notes shall not attach until the revenues
2214referred to herein are deposited in the authority's
2215redevelopment trust fund at the times and to the extent that
2216such revenues accrue.  The holders of such revenue bonds and
2217notes shall have no right to require or compel the imposition of
2218any tax or the establishment of any rate of taxation for which
2219to provide for the payment of such revenue bonds and notes.
2220     (b)  Revenue bonds and notes issued under the provisions of
2221this section shall not constitute a debt, liability, or
2222obligation of the authority, Broward County, the City of Fort
2223Lauderdale, or the state or any political subdivision thereof,
2224or a pledge of the faith or credit of Broward County, the City
2225of Fort Lauderdale, or the state or any political subdivision
2226thereof, but shall be payable solely from the redevelopment
2227trust fund as provided for in this section.  All such revenue
2228bonds and notes shall contain on the face thereof a statement to
2229the effect that the authority shall not be obligated to pay the
2230same or the interest thereon except from the redevelopment trust
2231fund of the authority held for that purpose and that neither the
2232faith nor credit nor the taxing power of the authority, Broward
2233County, the City of Fort Lauderdale, or the state or any
2234political subdivision thereof is pledged to the payment of
2235principal or interest on such revenue bonds and notes.
2236     (c)  Revenue bonds and notes issued under the provisions of
2237this section shall not be included in the computation of any
2238limitation or the amount of bonded indebtedness which the
2239authority may incur under other sections of this act.
2240     (6)  REVENUE BONDS, PLEDGE OF REDEVELOPMENT TRUST FUNDS AND
2241BONDS AS LEGAL INVESTMENTS.--Bonds issued under this section
2242shall be authorized by resolution of the board of trustees.
2243They may be issued in one or more series and shall bear such
2244date or dates, be payable upon demand or mature at such time or
2245times, bear interest at such rate or rates, be in such
2246denomination or denominations, be either with or without coupon
2247or registered, carry such conversion or registration privileges,
2248have such rank or priority, be executed in such manner, be
2249payable in such medium of payment at such place or places, be
2250subject to such terms of redemption (with or without premium),
2251be secured in such manner, and have such other characteristics
2252as may be provided by such resolution or trust indenture or
2253mortgage issued pursuant thereto.  Bonds issued under this
2254section may be sold in such manner, either at public or private
2255sale, and for such price as the board of trustees may determine
2256will effectuate the purpose of this section.
2257     Section 4.  If any provision of this act or the application
2258thereof to any person or circumstance is held invalid, the
2259invalidity shall not affect the provisions or applications of
2260the acts which can be given effect without the invalid provision
2261or application, and to this end the provisions of this act are
2262declared severable.
2263     Section 5.  Chapters 65-1541, 67-1385, 69-1056, 75-371, 80-
2264501, 85-393, 87-507, 89-431, 92-247, 93-392, and 95-531, Laws of
2265Florida, are repealed.
2266     Section 6.  This act shall take effect upon becoming a law.


CODING: Words stricken are deletions; words underlined are additions.