HB 1681

1
A bill to be entitled
2An act relating to transportation; creating s. 311.115,
3F.S.; requiring the Florida Seaport Transportation and
4Economic Development Council to establish a matching funds
5program for certain dredging projects; requiring the
6adoption of rules and criteria for project evaluation;
7requiring approved projects to be reviewed by the
8Department of Community Affairs, the Department of
9Transportation, and the Office of Tourism, Trade, and
10Economic Development; amending s. 332.007, F.S.;
11authorizing the department to fund certain eligible
12aviation planning projects to be performed by not-for-
13profit organizations representing a majority of public
14airports; amending s. 337.11, F.S.; providing for
15department contracts to use written work orders pursuant
16to certain contingency items or supplemental agreements;
17removing requirement for surety approval of supplemental
18agreements; limiting liability of the surety when
19unapproved contract changes exceed a certain amount;
20providing purposes for the use of written work orders;
21revising criteria for use of supplemental agreements in
22department contracts; creating s. 337.195, F.S.;
23specifying presumptions of proximate cause for
24determination of liability in certain civil actions
25against the department or its agents or its consultants or
26contractors on certain transportation facilities when
27death, personal injury, or property damage resulted from a
28motor vehicle crash within a construction zone; limiting
29liability under certain circumstances of a contractor who
30constructed or repaired a highway, road, street, or bridge
31for the department; limiting liability under certain
32circumstances of a person or entity who contracts with the
33department to prepare or provide engineering plans for
34certain transportation facility projects; amending s.
35337.251, F.S.; authorizing the department to adopt rules
36governing the leasing of property for joint public-private
37development; amending s. 337.406, F.S.; providing that
38exceptions to prohibited uses of transportation facilities
39shall not apply to limited access highways; amending s.
40338.155, F.S.; providing that persons participating in the
41funeral procession of a law enforcement officer or
42firefighter killed in the line of duty are exempt from
43paying tolls; amending s. 339.175, F.S.; requiring a
44metropolitan planning organization to approve certain
45plans and programs on a recorded roll call vote; providing
46that modifications of certain plans and programs require a
47recorded roll call vote for approval by a specified super
48majority; amending s. 339.55, F.S.; establishing a limit
49on state-funded infrastructure bank loans to the State
50Transportation Trust Fund; amending s. 339.61, F.S.;
51revising legislative intent for transportation facilities
52comprising the Strategic Intermodal System; adding
53economic development and job growth as criteria for
54projects; amending s. 339.62, F.S.; adding planned
55facilities meeting certain criteria and thresholds to
56components of the Strategic Intermodal System; amending s.
57339.64, F.S.; directing the Florida Transportation
58Commission to include as part of its annual work program
59review an assessment of the department's progress on the
60Strategic Intermodal System; requiring an annual report;
61directing the department to coordinate with federal,
62regional, and local entities for transportation planning
63impacting military installations; requiring the Strategic
64Intermodal System Plan to include an assessment of the
65impacts of proposed projects on military installations;
66adding a military representative to the Governor's
67appointees to the Statewide Intermodal Transportation
68Advisory Council; creating part IV of chapter 343, F.S.,
69titled the "Northwest Florida Transportation Corridor
70Authority"; providing a popular name; providing
71definitions; creating the Northwest Florida Transportation
72Corridor Authority encompassing Escambia, Santa Rosa,
73Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla
74Counties; providing for a governing body of the authority;
75providing for membership, organization, purposes, and
76powers of the authority; requiring a master plan;
77providing for the U.S. 98 Corridor System; prohibiting
78tolls on certain existing highways and other
79transportation facilities within the corridor; providing
80for procurement; providing bond financing authority for
81improvements; providing for bonds of the authority;
82providing for fiscal agents; providing that the State
83Board of Administration may act as fiscal agent; providing
84for certain financial agreements; providing for the rights
85and remedies of bondholders; providing for a lease-
86purchase agreement with the Department of Transportation;
87providing the department may be appointed agent of the
88authority for construction; providing for acquisition of
89lands and property; providing for cooperation with other
90units, boards, agencies, and individuals; providing for
91public-private partnerships; providing covenant of the
92state; providing for exemption from taxation; providing
93for eligibility for investments and security; providing
94that pledges shall be enforceable by bondholders;
95providing for complete and additional statutory authority
96for the department and other state agencies; amending s.
97348.0003, F.S.; changing the membership of expressway
98authority governing boards in certain counties; amending
99s. 348.0004, F.S.; requiring notification to certain local
100governmental entities and metropolitan planning
101organizations by certain expressway authorities proposing
102a toll increase or a new point of toll collection;
103providing procedures for public notice and hearing prior
104to implementation; creating part X of chapter 348, F.S.,
105titled the "Osceola County Expressway Authority";
106providing a popular name; providing definitions; creating
107the authority as an agency of the state; providing for
108membership, terms, organization, personnel, and
109administration; providing purposes and powers for
110construction, expansion, maintenance, improvement, and
111operation of the Osceola County Expressway System;
112providing for use of certain funds to pay obligations;
113requiring consent of local jurisdiction for agreements
114that would restrict construction of roads; providing for
115bond financing of improvements to certain facilities;
116providing for issuance of bonds; providing for rights and
117remedies granted to bondholders; providing for appointment
118of trustee to represent the bondholders; providing for
119appointment of receiver to take possession of and operate
120and maintain the system; providing for lease of the system
121to the Department of Transportation under a lease-purchase
122agreement; authorizing the department to act in place of
123the authority under terms of the lease-purchase agreement;
124requiring approval by the county for certain provisions of
125the lease-purchase agreement; providing that the system is
126part of the state road system; authorizing the department
127to expend a limited amount of funds; providing for the
128authority to appoint the department as its agent for
129certain construction purposes; authorizing the authority
130to acquire property; limiting liability of the authority
131for contamination existing on an acquired property;
132providing for remedial acts necessary due to such
133contamination; authorizing agreements between the
134authority and other entities; providing pledge of the
135state to bondholders; exempting the authority from
136taxation; providing for application and construction of
137the part; amending s. 373.4137, F.S.; revising
138requirements for projects intended to mitigate the adverse
139effects of transportation projects; removing the
140Department of Environmental Protection from the mitigation
141process; revising requirements for the Department of
142Transportation and transportation authorities with respect
143to submitting plans and inventories; authorizing the use
144of current-year funds for future projects; revising the
145requirements for reconciling escrow accounts used to fund
146mitigation projects; authorizing payments to a water
147management district to fund the costs of future
148maintenance and monitoring; requiring specified lump-sum
149payments to be used for the mitigation costs of certain
150projects; authorizing a governing board of a water
151management district to approve the use of mitigation funds
152for certain future projects; requiring that mitigation
153plans be approved by the water management district rather
154than the Department of Environmental Protection; directing
155the Department of Transportation to select and fund a
156consultant to perform a study of bicycle facilities on or
157connected to the State Highway System; requiring the
158results of the study to be presented to the Governor and
159the Legislature; providing for management of the study by
160the state Pedestrian and Bicycle Coordinator; providing
161for inclusion of certain elements in the study; requiring
162the study to include an implementation plan; providing an
163effective date.
164
165Be It Enacted by the Legislature of the State of Florida:
166
167     Section 1.  Section 311.115, Florida Statutes, is created
168to read:
169     311.115  Dredging projects matching funds program.--
170     (1)  The Florida Seaport Transportation and Economic
171Development Council shall establish a program to fund dredging
172projects in counties having a population of less than 300,000
173according to the last official census. Funds made available
174under this program shall be used to fund approved projects for
175dredging or deepening of channels, turning basins, or harbors.
176Funding shall be on a 50-50 matching basis with any port
177authority, as defined in s. 315.02(2), that complies with the
178permitting requirements in part IV of chapter 373 and the local
179financial management and reporting provisions of part III of
180chapter 218.
181     (2)  The council shall adopt rules for evaluating projects
182submitted for funding pursuant to this section and establish
183criteria for evaluating the economic benefit of such projects.
184The rules shall also establish and require an administrative
185review process similar to the process contained in s. 311.09(5)-
186(9) for projects approved for funding pursuant to this section
187to be reviewed by the Department of Community Affairs, the
188Department of Transportation, and the Office of Tourism, Trade,
189and Economic Development.
190     Section 2.  Subsection (10) is added to section 332.007,
191Florida Statutes, to read:
192     332.007  Administration and financing of aviation and
193airport programs and projects; state plan.--
194     (10)  The department may also fund eligible projects
195performed by not-for-profit organizations that represent a
196majority of public airports in the state. Eligible projects may
197include activities associated with aviation master planning,
198professional education, safety and security planning, enhancing
199economic development and efficiency at the state's airports, or
200other planning efforts to improve the viability of the state's
201airports.
202     Section 3.  Paragraphs (a) and (b) of subsection (8) of
203section 337.11, Florida Statutes, are amended to read:
204     337.11  Contracting authority of department; bids;
205emergency repairs, supplemental agreements, written work orders,
206and change orders; combined design and construction contracts;
207progress payments; records; requirements of vehicle
208registration.--
209     (8)(a)  The department shall permit the use of written
210supplemental agreements, written work orders pursuant to a
211contingency pay item or contingency supplemental agreement, and
212written change orders to any contract entered into by the
213department. Any supplemental agreement shall be reduced to
214written contract form, approved by the contractor's surety, and
215executed by the contractor and the department. Any supplemental
216agreement modifying any item in the original contract must be
217approved by the head of the department, or his or her designee,
218and executed by the appropriate person designated by him or her.
219Any surety issuing a bond pursuant to s. 337.18 shall be fully
220liable under such surety bond to the full extent of any modified
221contract amount up to and including 25 percent over the original
222contract amount, and without regard to the fact that the surety
223was not aware of or approved such modifications. However, if
224modifications of the original contract amount cumulatively
225result in modifications of the contract amount in excess of 25
226percent of the original contract amount, the surety's approval
227shall be required to bind the surety under the bond on that
228portion in excess of 25 percent of the original contract amount.
229     (b)  Supplemental agreements and written work orders
230pursuant to a contingency pay item or contingency supplemental
231agreement shall be used to clarify the plans and specifications
232of a contract; to provide for major quantity differences which
233result in the contractor's work effort exceeding the original
234contract amount by more than 5 percent; to provide for
235unforeseen work, grade changes, or alterations in plans which
236could not reasonably have been contemplated or foreseen in the
237original plans and specifications; to change the limits of
238construction to meet field conditions; to provide a safe and
239functional connection to an existing pavement; to settle
240contract claims; and to make the project functionally
241operational in accordance with the intent of the original
242contract. Supplemental agreements may be used to expand the
243physical limits of a project only to the extent necessary to
244make the project functionally operational in accordance with the
245intent of the original contract. The cost of any such agreement
246extending the physical limits of a project shall not exceed
247$100,000 or 10 percent of the original contract price, whichever
248is greater.
249     Section 4.  Section 337.195, Florida Statutes, is created
250to read:
251     337.195  Contractor liability; presumptions; limitation of
252liability.--
253     (1)  In a civil action for the death of or injury to a
254person, or for damage to property, against the Department of
255Transportation or its agents, consultants, or contractors for
256work performed on a highway, road, street, bridge, or other
257transportation facility when the death, injury, or damage
258resulted from a motor vehicle crash within a construction zone
259in which a driver of a vehicle was under the influence of
260alcoholic beverages as set forth in s. 316.193, under the
261influence of any chemical substance as set forth in s. 877.111,
262or illegally under the influence of any substance controlled
263under chapter 893 to the extent that her or his normal faculties
264were impaired, it is presumed that such driver's operation of
265the vehicle was the sole proximate cause of her or his death,
266injury, or damage. This presumption can be overcome if the gross
267negligence or intentional misconduct of the Department of
268Transportation or its agents, consultants, or contractors was a
269proximate cause of the death, injury, or damage.
270     (2)  Once the Department of Transportation has rendered a
271final acceptance of a completed roadway project, the contractor
272who constructed or repaired the highway, road, street, or bridge
273for the department is not liable to a claimant for personal
274injury, property damage, or death arising from the performance
275of the construction or repair if, at the time of final
276acceptance by the department, the contractor was in compliance
277with all contract documents, Department of Transportation
278standards, and federal standards material to the condition or
279defect that was a proximate cause of the personal injury,
280property damage, or death. This section does not apply to a
281hidden or undiscoverable condition created by the contractor.
282     (3)  In all cases involving personal injury, property
283damage, or death, a person or entity that contracts to prepare
284or provide engineering plans for the construction or repair of a
285highway, road, street, bridge, or other transportation facility
286for the Department of Transportation shall be presumed to have
287prepared such engineering plans using the degree of care and
288skill ordinarily exercised by other engineers in the field under
289similar conditions and in similar localities and with due regard
290for acceptable engineering standards and principles if the
291engineering plans conformed to the Department of
292Transportation's design standards material to the condition or
293defect that was the proximate cause of the personal injury,
294property damage, or death. Nothing in this subsection shall be
295interpreted or construed to alter or affect any claim of the
296Department of Transportation against such person or entity.
297     Section 5.  Subsection (10) is added to section 337.251,
298Florida Statutes, to read:
299     337.251  Lease of property for joint public-private
300development and areas above or below department property.--
301     (10)  The department may adopt rules to administer the
302provisions of this section.
303     Section 6.  Subsection (1) of section 337.406, Florida
304Statutes, is amended to read:
305     337.406  Unlawful use of state transportation facility
306right-of-way; penalties.--
307     (1)  Except when leased as provided in s. 337.25(5) or
308otherwise authorized by the rules of the department, it is
309unlawful to make any use of the right-of-way of any state
310transportation facility, including appendages thereto, outside
311of an incorporated municipality in any manner that interferes
312with the safe and efficient movement of people and property from
313place to place on the transportation facility. Failure to
314prohibit the use of right-of-way in this manner will endanger
315the health, safety, and general welfare of the public by causing
316distractions to motorists, unsafe pedestrian movement within
317travel lanes, sudden stoppage or slowdown of traffic, rapid lane
318changing and other dangerous traffic movement, increased
319vehicular accidents, and motorist injuries and fatalities. Such
320prohibited uses include, but are not limited to, the free
321distribution or sale, or display or solicitation for free
322distribution or sale, of any merchandise, goods, property or
323services; the solicitation for charitable purposes; the
324servicing or repairing of any vehicle, except the rendering of
325emergency service; the storage of vehicles being serviced or
326repaired on abutting property or elsewhere; and the display of
327advertising of any sort, except that any portion of a state
328transportation facility may be used for an art festival, parade,
329fair, or other special event if permitted by the appropriate
330local governmental entity. Within incorporated municipalities,
331the local governmental entity may issue permits of limited
332duration for the temporary use of the right-of-way of a state
333transportation facility for any of these prohibited uses if it
334is determined that the use will not interfere with the safe and
335efficient movement of traffic and the use will cause no danger
336to the public. Before a road on the State Highway System may be
337temporarily closed for a special event, the local governmental
338entity which permits the special event to take place must
339determine that the temporary closure of the road is necessary
340and must obtain the prior written approval for the temporary
341road closure from the department. Nothing in this subsection
342shall be construed to authorize such activities on any limited
343access highway the Interstate Highway System. Local governmental
344entities may, within their respective jurisdictions, initiate
345enforcement action by the appropriate code enforcement authority
346or law enforcement authority for a violation of this section.
347     Section 7.  Subsection (1) of section 338.155, Florida
348Statutes, is amended to read:
349     338.155  Payment of toll on toll facilities required;
350exemptions.--
351     (1)  No persons are permitted to use any toll facility
352without payment of tolls, except employees of the agency
353operating the toll project when using the toll facility on
354official state business, state military personnel while on
355official military business, handicapped persons as provided in
356this section, persons exempt from toll payment by the
357authorizing resolution for bonds issued to finance the facility,
358and persons exempt on a temporary basis where use of such toll
359facility is required as a detour route. Any law enforcement
360officer operating a marked official vehicle is exempt from toll
361payment when on official law enforcement business. Any person
362operating a fire vehicle when on official business or a rescue
363vehicle when on official business is exempt from toll payment.
364Any person participating in the funeral procession of a law
365enforcement officer or firefighter killed in the line of duty is
366exempt from toll payment. The secretary, or the secretary's
367designee, may suspend the payment of tolls on a toll facility
368when necessary to assist in emergency evacuation. The failure to
369pay a prescribed toll constitutes a noncriminal traffic
370infraction, punishable as a moving violation pursuant to s.
371318.18. The department is authorized to adopt rules relating to
372guaranteed toll accounts.
373     Section 8.  Subsection (12) is added to section 339.175,
374Florida Statutes, to read:
375     339.175  Metropolitan planning organization.--It is the
376intent of the Legislature to encourage and promote the safe and
377efficient management, operation, and development of surface
378transportation systems that will serve the mobility needs of
379people and freight within and through urbanized areas of this
380state while minimizing transportation-related fuel consumption
381and air pollution. To accomplish these objectives, metropolitan
382planning organizations, referred to in this section as M.P.O.'s,
383shall develop, in cooperation with the state and public transit
384operators, transportation plans and programs for metropolitan
385areas. The plans and programs for each metropolitan area must
386provide for the development and integrated management and
387operation of transportation systems and facilities, including
388pedestrian walkways and bicycle transportation facilities that
389will function as an intermodal transportation system for the
390metropolitan area, based upon the prevailing principles provided
391in s. 334.046(1). The process for developing such plans and
392programs shall provide for consideration of all modes of
393transportation and shall be continuing, cooperative, and
394comprehensive, to the degree appropriate, based on the
395complexity of the transportation problems to be addressed. To
396ensure that the process is integrated with the statewide
397planning process, M.P.O.'s shall develop plans and programs that
398identify transportation facilities that should function as an
399integrated metropolitan transportation system, giving emphasis
400to facilities that serve important national, state, and regional
401transportation functions. For the purposes of this section,
402those facilities include the facilities on the Strategic
403Intermodal System designated under s. 339.63.
404     (12)  VOTING REQUIREMENTS.--Each long-range transportation
405plan required under subsection (6), each annually updated
406transportation improvement program required under subsection
407(7), and each annual unified planning work program required
408under subsection (8) must be approved by each M.P.O. on a
409recorded roll call vote of the membership present. Any proposed
410modification of a transportation improvement program and the
411annual unified planning work program that affects projects in
412the first 3 years of such plan or program requires a recorded
413super majority roll call vote of two-thirds of the M.P.O.
414membership present and voting.
415     Section 9.  Subsection (2) of section 339.55, Florida
416Statutes, is amended to read:
417     339.55  State-funded infrastructure bank.--
418     (2)  The bank may lend capital costs or provide credit
419enhancements for a transportation facility project that is on
420the State Highway System or that provides for increased mobility
421on the state's transportation system or provides intermodal
422connectivity with airports, seaports, rail facilities, and other
423transportation terminals, pursuant to s. 341.053, for the
424movement of people and goods. Loans from the bank may be
425subordinated to senior project debt that has an investment grade
426rating of "BBB" or higher. Notwithstanding any other provision
427of law, the total outstanding state-funded infrastructure bank
428loan repayments over the average term of the loan repayment
429period, as needed to meet the requirements of the documents
430authorizing the bonds issued or proposed to be issued under s.
431215.617 to be paid from the State Transportation Trust Fund, may
432not exceed 0.75 percent of the revenues deposited into the State
433Transportation Trust Fund.
434     Section 10.  Section 339.61, Florida Statutes, is amended
435to read:
436     339.61  Florida Strategic Intermodal System; legislative
437findings, declaration, and intent.--
438     (1)  There is hereby created the Florida Strategic
439Intermodal System. For purposes of funding projects under the
440system, the department shall allocate from the State
441Transportation Trust Fund in its program and resource plan a
442minimum of $60 million each year, beginning in the 2004-2005
443fiscal year. This allocation of funds is in addition to any
444funding provided to this system by any other provision of law.
445     (2)  The Legislature finds that increasing demands are
446continuing to be placed on the state's transportation system by
447a fast-growing economy, continued population growth, and
448projected increases in freight movement, international trade,
449and tourism. The Legislature also finds that the state's growing
450regional and intercity economic centers will increase the demand
451for interregional and intercity travel and that the evolving
452service-based and information-based industries will change the
453type of transportation system that business and industry demand,
454increasing the importance of speed and reliability. The
455Legislature further finds that our transportation system must be
456designed and operated in such a way that it preserves the
457abundance of natural and manmade amenities that have been so
458successful in attracting new residents, businesses, and tourists
459to this state. Therefore, the Legislature declares that the
460designation of a strategic intermodal system, composed of
461facilities and services of statewide and interregional
462significance, will efficiently serve the mobility needs of
463Florida's citizens, businesses, and visitors and will help
464Florida become a worldwide economic leader, enhance economic
465prosperity and competitiveness, enrich quality of life, and
466reflect responsible environmental stewardship. To that end, it
467is the intent of the Legislature that the Strategic Intermodal
468System consist of transportation facilities that meet a
469strategic and essential state interest and help generate
470economic development and job growth and that limited resources
471available for the implementation of statewide and interregional
472transportation priorities be focused on that system.
473     Section 11.  Subsection (7) is added to section 339.62,
474Florida Statutes, to read:
475     339.62  System components.--The Strategic Intermodal System
476shall consist of appropriate components of:
477     (7)  Planned facilities, defined as transportation
478infrastructure that is projected to meet all applicable criteria
479and thresholds within the first 3 years of operation, has the
480consensus support of transportation partners to implement the
481project, and is financially feasible as demonstrated by
482inclusion in the department's work program or some other
483appropriate plan.
484     Section 12.  Subsections (2), (3), and (4) and paragraph
485(b) of subsection (5) of section 339.64, Florida Statutes, are
486amended to read:
487     339.64  Strategic Intermodal System Plan.--
488     (2)  In association with the continued development of the
489initial Strategic Intermodal System Plan and other
490transportation plans, the Florida Transportation Commission as
491part of its work program review process shall conduct an annual
492assessment of the progress the department and its transportation
493partners have made in realizing the goals of economic
494development, improved mobility, and increased intermodal
495connectivity need for an improved philosophical approach to
496regional and intermodal input in the planning for and governing
497of the Strategic Intermodal System and other transportation
498systems. The Florida Transportation Commission shall coordinate
499with the department, the Statewide Intermodal Transportation
500Advisory Council, and other appropriate entities when developing
501this assessment. The Florida Transportation Commission shall
502deliver a report to the Governor and Legislature no later than
50314 days after the regular session of the Legislature begins by
504December 15, 2003, with recommendations as necessary to fully
505implement the Strategic Intermodal System.
506     (3)(a)  During the development of updates to the Strategic
507Intermodal System Plan and the development of all subsequent
508updates, the department shall provide metropolitan planning
509organizations, regional planning councils, local governments,
510transportation providers, affected public agencies, and citizens
511with an opportunity to participate in and comment on the
512development of the proposed plan or update.
513     (b)  The department also shall coordinate with federal,
514regional, and local partners the planning for the Strategic
515Highway Network and the Strategic Rail Corridor Network
516transportation facilities that either are included in the
517Strategic Intermodal System or provide a direct connection
518between military installations and the Strategic Intermodal
519System. In addition, the department shall coordinate with
520regional and local partners to determine whether the road and
521other transportation infrastructure that connect military
522installations to the Strategic Intermodal System, the Strategic
523Highway Network, or the Strategic Rail Corridor are regionally
524significant and should be included in the Strategic Intermodal
525System Plan.
526     (4)  The Strategic Intermodal System Plan shall include the
527following:
528     (a)  A needs assessment.
529     (b)  A project prioritization process.
530     (c)  A map of facilities designated as Strategic Intermodal
531System facilities, and facilities that are emerging in
532importance that are likely to become part of the system in the
533future, and planned facilities that will meet the established
534criteria.
535     (d)  A finance plan based on reasonable projections of
536anticipated revenues, including both 10-year and 20-year cost-
537feasible components.
538     (e)  An assessment of the impacts of proposed improvements
539to Strategic Intermodal System corridors on military
540installations that are either located directly on the Strategic
541Intermodal System or located on the Strategic Highway Network or
542Strategic Rail Corridor Network.
543     (5)  STATEWIDE INTERMODAL TRANSPORTATION ADVISORY
544COUNCIL.--
545     (b)  MEMBERSHIP.--Members of the Statewide Intermodal
546Transportation Advisory Council shall consist of the following:
547     1.  Six Five intermodal industry representatives selected
548by the Governor as follows:
549     a.  One representative from an airport involved in the
550movement of freight and people from their airport facility to
551another transportation mode.
552     b.  One individual representing a fixed-route, local-
553government transit system.
554     c.  One representative from an intercity bus company
555providing regularly scheduled bus travel as determined by
556federal regulations.
557     d.  One representative from a spaceport.
558     e.  One representative from intermodal trucking companies.
559     f.  One representative with command responsibilities of a
560major military installation.
561     2.  Three intermodal industry representatives selected by
562the President of the Senate as follows:
563     a.  One representative from major-line railroads.
564     b.  One representative from seaports listed in s. 311.09(1)
565from the Atlantic Coast.
566     c.  One representative from an airport involved in the
567movement of freight and people from their airport facility to
568another transportation mode.
569     3.  Three intermodal industry representatives selected by
570the Speaker of the House of Representatives as follows:
571     a.  One representative from short-line railroads.
572     b.  One representative from seaports listed in s. 311.09(1)
573from the Gulf Coast.
574     c.  One representative from intermodal trucking companies.
575In no event may this representative be employed by the same
576company that employs the intermodal trucking company
577representative selected by the Governor.
578     Section 13.  Part IV of chapter 343, Florida Statutes,
579consisting of sections 343.80, 343.805, 343.81, 343.82, 343.83,
580343.835, 343.836, 343.837, 343.84, 343.85, 343.87, 343.875,
581343.88, 343.881, 343.884, 343.885, and 343.89, is created to
582read:
583
PART IV
584
NORTHWEST FLORIDA TRANSPORTATION CORRIDOR AUTHORITY
585     343.80  Short title.--This part shall be known and may be
586cited as the "Northwest Florida Transportation Corridor
587Authority Law."
588     343.805  Definitions.--The following terms, whenever used
589or referred to in this law, shall have the following meanings,
590except in those instances where the context clearly indicates
591otherwise:
592     (1)  "Agency of the state" means and includes the state and
593any department of, or corporation, agency, or instrumentality
594heretofore or hereafter created, designated, or established by,
595the state.
596     (2)  "Authority" means the body politic and corporate and
597agency of the state created by this part.
598     (3)  "Bonds" means and includes the notes, bonds, refunding
599bonds, or other evidences of indebtedness or obligations, in
600either temporary or definitive form, which the authority is
601authorized to issue pursuant to this part.
602     (4)  "Department" means the Department of Transportation
603existing under chapters 334-339.
604     (5)  "Federal agency" means and includes the United States,
605the President of the United States, and any department of, or
606corporation, agency, or instrumentality heretofore or hereafter
607created, designated, or established by, the United States.
608     (6)  "Lease-purchase agreement" means the lease-purchase
609agreements which the authority is authorized pursuant to this
610part to enter into with the Department of Transportation.
611     (7)  "Limited access expressway" or "expressway" means a
612street or highway especially designed for through traffic and
613over, from, or to which no person shall have the right of
614easement, use, or access except in accordance with the rules and
615regulations adopted and established by the authority for the use
616of such facility. Such highways or streets may be parkways, from
617which trucks, buses, and other commercial vehicles shall be
618excluded, or they may be freeways open to use by all customary
619forms of street and highway traffic.
620     (8)  "Members" means the governing body of the authority,
621and the term "member" means one of the individuals constituting
622such governing body.
623     (9)  "State Board of Administration" means the body
624corporate existing under the provisions of s. 9, Art. XII of the
625State Constitution, or any successor thereto.
626     (10)  "U.S. 98 corridor" means U.S. Highway 98 and any
627feeder roads, reliever roads, connector roads, bridges, and
628other transportation appurtenances, existing or constructed in
629the future, that support U.S. Highway 98 in Escambia, Santa
630Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla
631Counties.
632     (11)  "U.S. 98 Corridor System" means any and all
633expressways and appurtenant facilities, including, but not
634limited to, all approaches, roads, bridges, and avenues of
635access for the expressways that are either built by the
636authority or whose ownership is transferred to the authority by
637other governmental or private entities.
638
639Terms importing singular number include the plural number in
640each case and vice versa, and terms importing persons include
641firms and corporations.
642     343.81  Northwest Florida Transportation Corridor
643Authority.--
644     (1)  There is hereby created and established a body politic
645and corporate, an agency of the state, to be known as the
646Northwest Florida Transportation Corridor Authority, hereinafter
647referred to as "the authority."
648     (2)(a)  The governing body of the authority shall consist
649of eight voting members, one each from Escambia, Santa Rosa,
650Walton, Okaloosa, Bay, Gulf, Franklin, and Wakulla Counties,
651appointed by the Governor to 4-year terms. The appointees shall
652be residents of their respective counties. Upon the effective
653date of his or her appointment, or as soon thereafter as
654practicable, each appointed member of the authority shall enter
655upon his or her duties. Each appointed member shall hold office
656until his or her successor has been appointed and has qualified.
657A vacancy occurring during a term shall be filled only for the
658balance of the unexpired term. Any member of the authority shall
659be eligible for reappointment. Members of the authority may be
660removed from office by the Governor for misconduct, malfeasance,
661misfeasance, or nonfeasance in office.
662     (b)  The district secretary of the Department of
663Transportation serving Northwest Florida shall serve as an ex
664officio, nonvoting member.
665     (3)(a)  The authority shall elect one of its members as
666chair and shall also elect a secretary and a treasurer who may
667or may not be members of the authority. The chair, secretary,
668and treasurer shall hold such offices at the will of the
669authority.
670     (b)  Five members of the authority shall constitute a
671quorum, and the vote of at least five members shall be necessary
672for any action taken by the authority. No vacancy in the
673authority shall impair the right of a quorum of the authority to
674exercise all of the rights and perform all of the duties of the
675authority.
676     (c)  The authority shall meet at least quarterly but may
677meet more frequently upon the call of the chair. The authority
678should alternate the locations of its meetings among the seven
679counties.
680     (4)  Members of the authority shall serve without
681compensation but shall be entitled to receive from the authority
682their travel expenses and per diem incurred in connection with
683the business of the authority, as provided in s. 112.061.
684     (5)  The authority may employ an executive director, an
685executive secretary, its own counsel and legal staff, technical
686experts, engineers, and such employees, permanent or temporary,
687as it may require. The authority shall determine the
688qualifications and fix the compensation of such persons, firms,
689or corporations and may employ a fiscal agent or agents;
690however, the authority shall solicit sealed proposals from at
691least three persons, firms, or corporations for the performance
692of any services as fiscal agents. The authority may delegate to
693one or more of its agents or employees such of its power as it
694shall deem necessary to carry out the purposes of this part,
695subject always to the supervision and control of the authority.
696     (6)  The authority may establish technical advisory
697committees to provide guidance and advice on corridor-related
698issues. The authority shall establish the size, composition, and
699focus of any technical advisory committee created. A member
700appointed to a technical advisory committee shall serve without
701compensation but shall be entitled to per diem or travel
702expenses, as provided in s. 112.061.
703     343.82  Purposes and powers.--
704     (1)  The primary purpose of the authority shall be to
705improve mobility on the U.S. 98 corridor in Northwest Florida to
706enhance traveler safety, identify and develop hurricane
707evacuation routes, promote economic development along the
708corridor, and implement transportation projects to alleviate
709current or anticipated traffic congestion.
710     (2)  The authority is authorized to construct any feeder
711roads, reliever roads, connector roads, bypasses, or appurtenant
712facilities that are intended to improve mobility along the U.S.
71398 corridor. The transportation improvement projects may also
714include all necessary approaches, roads, bridges, and avenues of
715access that shall be deemed desirable and proper with the
716concurrence, where applicable, of the department if the project
717is to be part of the State Highway System or the respective
718county or municipal governing boards. Any transportation
719facilities constructed by the authority may be tolled.
720     (3)(a)  The authority shall develop and adopt a corridor
721master plan no later than July 1, 2007. The goals and objectives
722of the master plan are to identify areas of the corridor where
723mobility, traffic safety, and efficient hurricane evacuation
724needs to be improved; evaluate the economic development
725potential of the corridor and consider strategies to develop
726that potential; develop methods of building partnerships with
727local governments, other state and federal entities, the
728private-sector business community, and the public in support of
729corridor improvements; and to identify projects that will
730accomplish these goals and objectives.
731     (b)  After its adoption, the master plan shall be updated
732annually before July 1 of each year.
733     (c)  The authority shall present the original master plan
734and updates to the governing bodies of the counties within the
735corridor and to the legislative delegation members representing
736those counties within 90 days after adoption.
737     (d)  The authority may undertake projects or other
738improvements in the master plan in phases as particular projects
739or segments thereof become feasible, as determined by the
740authority. In carrying out its purposes and powers, the
741authority may request funding and technical assistance from the
742department and appropriate federal and local agencies,
743including, but not limited to, state infrastructure bank loans,
744advances from the Toll Facilities Revolving Trust Fund, and from
745any other sources.
746     (4)  The authority is granted and shall have and may
747exercise all powers necessary, appurtenant, convenient, or
748incidental to the carrying out of the aforesaid purposes,
749including, but not limited to, the following rights and powers:
750     (a)  To acquire, hold, construct, improve, maintain,
751operate, own, and lease in the capacity of lessor transportation
752facilities within the U.S. 98 corridor.
753     (b)  To borrow money and to make and issue negotiable
754notes, bonds, refunding bonds, and other evidences of
755indebtedness or obligations, either in temporary or definitive
756form, hereinafter in this chapter sometimes called "revenue
757bonds" of the authority, for the purpose of financing all or
758part of the mobility improvements within the U.S. 98 corridor,
759as well as the appurtenant facilities, including all approaches,
760streets, roads, bridges, and avenues of access authorized by
761this part, the bonds to mature not exceeding 40 years after the
762date of the issuance thereof, and to secure the payment of such
763bonds or any part thereof by a pledge of any or all of its
764revenues, rates, fees, rentals, or other charges.
765     (c)  To fix, alter, charge, establish, and collect tolls,
766rates, fees, rentals, and other charges for the services and
767facilities of the Northwest Florida Transportation Corridor
768System, which rates, fees, rentals, and other charges shall
769always be sufficient to comply with any covenants made with the
770holders of any bonds issued pursuant to this part; however, such
771right and power may be assigned or delegated by the authority to
772the department. The authority shall not impose tolls or other
773charges on existing highways and other transportation facilities
774within the corridor.
775     (d)  To acquire by donation or otherwise, purchase, hold,
776lease as lessee, and use any franchise, property, real,
777personal, or mixed, tangible or intangible, or any options
778thereof in its own name or in conjunction with others, or
779interest therein, necessary or desirable for carrying out the
780purposes of the authority and to sell, lease as lessor,
781transfer, and dispose of any property or interest therein at any
782time acquired by it.
783     (e)  To sue and be sued, implead and be impleaded,
784complain, and defend in all courts.
785     (f)  To adopt, use, and alter at will a corporate seal.
786     (g)  To enter into and make leases.
787     (h)  To enter into and make lease-purchase agreements with
788the department for terms not exceeding 40 years or until any
789bonds secured by a pledge of rentals thereunder, and any
790refundings thereof, are fully paid as to both principal and
791interest, whichever is longer.
792     (i)  To make contracts of every name and nature, including,
793but not limited to, partnerships providing for participation in
794ownership and revenues, and to execute all instruments necessary
795or convenient for the carrying on of its business.
796     (j)  Without limitation of the foregoing, to borrow money
797and accept grants from and to enter into contracts, leases, or
798other transactions with any federal agency, the state, any
799agency of the state, or any other public body of the state.
800     (k)  To have the power of eminent domain, including the
801procedural powers granted under chapters 73 and 74.
802     (l)  To pledge, hypothecate, or otherwise encumber all or
803any part of the revenues, rates, fees, rentals, or other charges
804or receipts of the authority.
805     (m)  To enter into partnership and other agreements
806respecting ownership and revenue participation in order to
807facilitate financing and constructing any project or portions
808thereof.
809     (n)  To participate in agreements with private entities and
810to receive private contributions.
811     (o)  To contract with the department or with a private
812entity for the operation of traditional and electronic toll
813collection facilities along the U.S. 98 corridor.
814     (p)  To do all acts and things necessary or convenient for
815the conduct of its business and the general welfare of the
816authority in order to carry out the powers granted to it by this
817part or any other law.
818     (q)  To construct, operate, and maintain roads, bridges,
819avenues of access, thoroughfares, and boulevards and to
820construct, repair, replace, operate, install, and maintain
821electronic toll payment systems thereon, with all necessary and
822incidental powers to accomplish the foregoing.
823     (5)  The authority shall have no power at any time or in
824any manner to pledge the credit or taxing power of the state or
825any political subdivision or agency thereof, nor shall any of
826the authority's obligations be deemed to be obligations of the
827state or of any political subdivision or agency thereof, nor
828shall the state or any political subdivision or agency thereof,
829except the authority, be liable for the payment of the principal
830of or interest on such obligations.
831     343.83  Improvements, bond financing authority
832for.--Pursuant to s. 11(f), Art. VII of the State Constitution,
833the Legislature hereby approves for bond financing by the
834Northwest Florida Transportation Corridor Authority improvements
835to toll collection facilities, interchanges to the legislatively
836approved system, and any other facility appurtenant, necessary,
837or incidental to the approved system. Subject to terms and
838conditions of applicable revenue bond resolutions and covenants,
839such costs may be financed in whole or in part by revenue bonds
840issued pursuant to s. 343.835(1)(a) or (b) whether currently
841issued or issued in the future or by a combination of such
842bonds.
843     343.835  Bonds of the authority.--
844     (1)(a)  Bonds may be issued on behalf of the authority
845pursuant to the State Bond Act.
846     (b)  Alternatively, the authority may issue its own bonds
847pursuant to this part at such times and in such principal amount
848as, in the opinion of the authority, is necessary to provide
849sufficient moneys for achieving its purposes; however, such
850bonds may not pledge the full faith and credit of the state.
851Bonds issued by the authority pursuant to this paragraph or
852paragraph (a), whether on original issuance or on refunding,
853shall be authorized by resolution of the members thereof, may be
854either term or serial bonds, and shall bear such date or dates,
855mature at such time or times, not exceeding 40 years after their
856respective dates, bear interest at such rate or rates, be
857payable semiannually, be in such denominations, be in such form,
858either coupon or fully registered, carry such registration,
859exchangeability, and interchangeability privileges, be payable
860in such medium of payment and at such place or places, be
861subject to such terms of redemption, and be entitled to such
862priorities on the revenues, rates, fees, rentals, or other
863charges or receipts of the authority, including revenues from
864lease-purchase agreements. The bonds shall be executed either by
865manual or facsimile signature by such officers as the authority
866shall determine, provided that such bonds shall bear at least
867one signature which is manually executed thereon, and the
868coupons attached to such bonds shall bear the facsimile
869signature or signatures of such officer or officers as shall be
870designated by the authority and shall have the seal of the
871authority affixed, imprinted, reproduced, or lithographed
872thereon, all as may be prescribed in such resolution or
873resolutions.
874     (c)  Bonds issued pursuant to paragraph (a) or paragraph
875(b) shall be sold at public sale in the manner provided by the
876State Bond Act. However, if the authority, by official action at
877a public meeting, determines that a negotiated sale of such
878bonds is in the best interest of the authority, the authority
879may negotiate the sale of such bonds with the underwriter
880designated by the authority and the Division of Bond Finance of
881the State Board of Administration with respect to bonds issued
882pursuant to paragraph (a) or solely the authority with respect
883to bonds issued pursuant to paragraph (b). The authority's
884determination to negotiate the sale of such bonds may be based,
885in part, upon the written advice of the authority's financial
886adviser. Pending the preparation of definitive bonds, interim
887certificates may be issued to the purchaser or purchasers of
888such bonds and may contain such terms and conditions as the
889authority may determine.
890     (d)  The authority may issue bonds pursuant to paragraph
891(b) to refund any bonds previously issued regardless of whether
892the bonds being refunded were issued by the authority pursuant
893to this chapter or on behalf of the authority pursuant to the
894State Bond Act.
895     (2)  Any such resolution or resolutions authorizing any
896bonds hereunder may contain provisions which shall be part of
897the contract with the holders of such bonds, as to:
898     (a)  The pledging of all or any part of the revenues,
899rates, fees, rentals, or other charges or receipts of the
900authority, derived by the authority for the U.S. 98 corridor
901improvements.
902     (b)  The completion, improvement, operation, extension,
903maintenance, repair, lease, or lease-purchase agreement of the
904system, and the duties of the authority and others, including
905the department, with reference thereto.
906     (c)  Limitations on the purposes to which the proceeds of
907the bonds, then or thereafter to be issued, or of any loan or
908grant by the United States or the state may be applied.
909     (d)  The fixing, charging, establishing, and collecting of
910rates, fees, rentals, or other charges for use of the services
911and facilities constructed by the authority.
912     (e)  The setting aside of reserves or sinking funds or
913repair and replacement funds and the regulation and disposition
914thereof.
915     (f)  Limitations on the issuance of additional bonds.
916     (g)  The terms and provisions of any lease-purchase
917agreement, deed of trust, or indenture securing the bonds or
918under which the same may be issued.
919     (h)  Any other or additional agreements with the holders of
920the bonds which the authority may deem desirable and proper.
921     (3)  The authority may employ fiscal agents as provided by
922this part or the State Board of Administration may, upon request
923of the authority, act as fiscal agent for the authority in the
924issuance of any bonds which may be issued pursuant to this part,
925and the State Board of Administration may, upon request of the
926authority, take over the management, control, administration,
927custody, and payment of any or all debt services or funds or
928assets now or hereafter available for any bonds issued pursuant
929to this part. The authority may enter into any deeds of trust,
930indentures, or other agreements with its fiscal agent, or with
931any bank or trust company within or without the state, as
932security for such bonds and may, under such agreements, sign and
933pledge all or any of the revenues, rates, fees, rentals, or
934other charges or receipts of the authority. Such deed of trust,
935indenture, or other agreement may contain such provisions as are
936customary in such instruments or, as the authority may
937authorize, including, but without limitation, provisions as to:
938     (a)  The completion, improvement, operation, extension,
939maintenance, repair, and lease of or lease-purchase agreement
940relating to U.S. 98 corridor improvements and the duties of the
941authority and others, including the department, with reference
942thereto.
943     (b)  The application of funds and the safeguarding of funds
944on hand or on deposit.
945     (c)  The rights and remedies of the trustee and the holders
946of the bonds.
947     (d)  The terms and provisions of the bonds or the
948resolutions authorizing the issuance of same.
949     (4)  Any of the bonds issued pursuant to this part are, and
950are hereby declared to be, negotiable instruments and shall have
951all the qualities and incidents of negotiable instruments under
952the law merchant and the negotiable instruments law of the
953state.
954     (5)  Notwithstanding any of the provisions of this part,
955each project, building, or facility which has been financed by
956the issuance of bonds or other evidence of indebtedness under
957this part and any refinancing thereof are hereby approved as
958provided for in s. 11(f), Art. VII of the State Constitution.
959     343.836  Remedies of the bondholders.--
960     (1)  The rights and the remedies herein conferred upon or
961granted to the bondholders shall be in addition to and not in
962limitation of any rights and remedies lawfully granted to such
963bondholders by the resolution or resolutions providing for the
964issuance of bonds or by a lease-purchase agreement, deed of
965trust, indenture, or other agreement under which the bonds may
966be issued or secured. In the event the authority defaults in the
967payment of the principal of or interest on any of the bonds
968issued pursuant to the provisions of this part after such
969principal of or interest on the bonds becomes due, whether at
970maturity or upon call for redemption, or the department defaults
971in any payments under, or covenants made in, any lease-purchase
972agreement between the authority and the department, and such
973default continues for a period of 30 days, or in the event that
974the authority or the department fails or refuses to comply with
975the provisions of this part or any agreement made with, or for
976the benefit of, the holders of the bonds, the holders of 25
977percent in aggregate principal amount of the bonds then
978outstanding shall be entitled as of right to the appointment of
979a trustee to represent such bondholders for the purposes hereof,
980provided that such holders of 25 percent in aggregate principal
981amount of the bonds then outstanding shall first give notice of
982their intention to appoint a trustee to the authority and to the
983department. Such notice shall be deemed to have been given if
984given in writing, deposited in a securely sealed postpaid
985wrapper, mailed at a regularly maintained United States post
986office box or station, and addressed, respectively, to the chair
987of the authority and to the secretary of the department at the
988principal office of the department.
989     (2)  Such trustee and any trustee under any deed of trust,
990indenture, or other agreement may and, upon written request of
991the holders of 25 percent or such other percentages as may be
992specified in any deed of trust, indenture, or other agreement
993aforesaid in principal amount of the bonds then outstanding,
994shall, in any court of competent jurisdiction, in his, her, or
995its own name:
996     (a)  By mandamus or other suit, action, or proceeding at
997law or in equity, enforce all rights of the bondholders,
998including the right to require the authority to fix, establish,
999maintain, collect, and charge rates, fees, rentals, and other
1000charges adequate to carry out any agreement as to or pledge of
1001the revenues or receipts of the authority to carry out any other
1002covenants and agreements with or for the benefit of the
1003bondholders, and to perform its and their duties under this
1004part.
1005     (b)  By mandamus or other suit, action, or proceeding at
1006law or in equity, enforce all rights of the bondholders under or
1007pursuant to any lease-purchase agreement between the authority
1008and the department, including the right to require the
1009department to make all rental payments required to be made by it
1010under the provisions of any such lease-purchase agreement, to
1011require the department to carry out any other covenants and
1012agreements with or for the benefit of the bondholders, and to
1013perform its and their duties under this part.
1014     (c)  Bring suit upon the bonds.
1015     (d)  By action or suit in equity, require the authority or
1016the department to account as if it were the trustee of an
1017express trust for the bondholders.
1018     (e)  By action or suit in equity, enjoin any acts or things
1019which may be unlawful or in violation of the rights of the
1020bondholders.
1021     (3)  Any trustee, when appointed as aforesaid or acting
1022under a deed of trust, indenture, or other agreement, and
1023whether or not all bonds have been declared due and payable,
1024shall be entitled as of right to the appointment of a receiver
1025who may enter upon and take possession of the system or the
1026facilities or any part or parts thereof, the rates, fees,
1027rentals, or other revenues, charges, or receipts from which are
1028or may be applicable to the payment of the bonds so in default,
1029and, subject to and in compliance with the provisions of any
1030lease-purchase agreement between the authority and the
1031department, operate and maintain the same for and on behalf of
1032and in the name of the authority, the department, and the
1033bondholders, and collect and receive all rates, fees, rentals,
1034and other charges or receipts or revenues arising therefrom in
1035the same manner as the authority or the department might do, and
1036shall deposit all such moneys in a separate account and apply
1037the same in such manner as the court shall direct. In any suit,
1038action, or proceeding by the trustee, the fees, counsel fees,
1039and expenses of the trustee and said receiver, if any, and all
1040costs and disbursements allowed by the court shall be a first
1041charge on any rates, fees, rentals, or other charges, revenues,
1042or receipts derived from the system or the facilities or
1043services or any part or parts thereof, including payments under
1044any such lease-purchase agreement as aforesaid, which said
1045rates, fees, rentals, or other charges, revenues, or receipts
1046shall or may be applicable to the payment of the bonds so in
1047default. Such trustee shall, in addition to the foregoing, have
1048and possess all of the powers necessary or appropriate for the
1049exercise of any functions specifically set forth herein or
1050incident to the representation of the bondholders in the
1051enforcement and protection of their rights.
1052     (4)  Nothing in this section or any other section of this
1053part shall authorize any receiver appointed pursuant hereto for
1054the purpose, subject to and in compliance with the provisions of
1055any lease-purchase agreement between the authority and the
1056department, of operating and maintaining the system or any
1057facilities or part or parts thereof to sell, assign, mortgage,
1058or otherwise dispose of any of the assets of whatever kind and
1059character belonging to the authority. It is the intention of
1060this part to limit the powers of such receiver, subject to and
1061in compliance with the provisions of any lease-purchase
1062agreement between the authority and the department, to the
1063operation and maintenance of the system or any facility or part
1064or parts thereof, as the court may direct, in the name and for
1065and on behalf of the authority, the department, and the
1066bondholders, and no holder of bonds on the authority nor any
1067trustee shall ever have the right in any suit, action, or
1068proceeding at law or in equity to compel a receiver, nor shall
1069any receiver be authorized or any court be empowered to direct
1070the receiver to sell, assign, mortgage, or otherwise dispose of
1071any assets of whatever kind or character belonging to the
1072authority.
1073     343.837  Lease-purchase agreement.--
1074     (1)  In order to effectuate the purposes of this part and
1075as authorized by this part, the authority may enter into a
1076lease-purchase agreement with the department relating to and
1077covering the U.S. 98 Corridor System.
1078     (2)  Such lease-purchase agreement shall provide for the
1079leasing of the system by the authority, as lessor, to the
1080department, as lessee, shall prescribe the term of such lease
1081and the rentals to be paid thereunder, and shall provide that,
1082upon the completion of the faithful performance thereunder and
1083the termination of such lease-purchase agreement, title in fee
1084simple absolute to the system as then constituted shall be
1085transferred in accordance with law by the authority to the state
1086and the authority shall deliver to the department such deeds and
1087conveyances as shall be necessary or convenient to vest title in
1088fee simple absolute in the state.
1089     (3)  Such lease-purchase agreement may include such other
1090provisions, agreements, and covenants as the authority and the
1091department deem advisable or required, including, but not
1092limited to, provisions as to the bonds to be issued under and
1093for the purposes of this part, the completion, extension,
1094improvement, operation, and maintenance of the system and the
1095expenses and the cost of operation of said authority, the
1096charging and collection of tolls, rates, fees, and other charges
1097for the use of the services and facilities thereof, and the
1098application of federal or state grants or aid which may be made
1099or given to assist the authority in the completion, extension,
1100improvement, operation, and maintenance of the system.
1101     (4)  The department as lessee under such lease-purchase
1102agreement is hereby authorized to pay as rentals thereunder any
1103rates, fees, charges, funds, moneys, receipts, or income
1104accruing to the department from the operation of the system and
1105may also pay as rentals any appropriations received by the
1106department pursuant to any act of the Legislature heretofore or
1107hereafter enacted; however, nothing herein or in such lease-
1108purchase agreement is intended to require, nor shall this part
1109or such lease-purchase agreement require, the making or
1110continuance of such appropriations, nor shall any holder of
1111bonds issued pursuant to this part ever have any right to compel
1112the making or continuance of such appropriations.
1113     (5)  The department shall have power to covenant in any
1114lease-purchase agreement that it will pay all or any part of the
1115cost of the operation, maintenance, repair, renewal, and
1116replacement of said system, and any part of the cost of
1117completing said system to the extent that the proceeds of bonds
1118issued therefore are insufficient, from sources other than the
1119revenues derived from the operation of the system.
1120     (6)  The U.S. 98 Corridor System shall be a part of the
1121State Highway System as defined in s. 334.03, and the department
1122may, upon the request of the authority, expend out of any funds
1123available for that purpose, and use such of its engineering and
1124other forces, as may be necessary and desirable in the judgment
1125of the department, for the operation of the authority and for
1126traffic surveys, borings, surveys, preparation of plans and
1127specifications, estimates of cost, and other preliminary
1128engineering and other studies.
1129     343.84  Department may be appointed agent of authority for
1130construction.--The department may be appointed by the authority
1131as its agent for the purpose of constructing improvements and
1132extensions to the system and for the completion thereof. In such
1133event, the authority shall provide the department with complete
1134copies of all documents, agreements, resolutions, contracts, and
1135instruments relating thereto, shall request the department to do
1136such construction work, including the planning, surveying, and
1137actual construction of the completion, extensions, and
1138improvements to the system, and shall transfer to the credit of
1139an account of the department in the treasury of the state the
1140necessary funds therefor, and the department shall thereupon be
1141authorized, empowered, and directed to proceed with such
1142construction and to use said funds for such purpose in the same
1143manner that it is now authorized to use the funds otherwise
1144provided by law for its use in construction of roads and
1145bridges.
1146     343.85  Acquisition of lands and property.--
1147     (1)  For the purposes of this part, the Northwest Florida
1148Transportation Corridor Authority may acquire private or public
1149property and property rights, including rights of access, air,
1150view, and light, by gift, devise, purchase, or condemnation by
1151eminent domain proceedings, as the authority may deem necessary
1152for any of the purposes of this part, including, but not limited
1153to, any lands reasonably necessary for securing applicable
1154permits, areas necessary for management of access, borrow pits,
1155drainage ditches, water retention areas, rest areas, replacement
1156access for landowners whose access is impaired due to the
1157construction of a facility, and replacement rights-of-way for
1158relocated rail and utility facilities; for existing, proposed,
1159or anticipated transportation facilities within the U.S. 98
1160transportation corridor designated by the authority; or for the
1161purposes of screening, relocation, removal, or disposal of
1162junkyards and scrap metal processing facilities. The authority
1163shall also have the power to condemn any material and property
1164necessary for such purposes.
1165     (2)  The right of eminent domain herein conferred shall be
1166exercised by the authority in the manner provided by law.
1167     (3)  When the authority acquires property for a
1168transportation facility or in a transportation corridor, it is
1169not subject to any liability imposed by chapter 376 or chapter
1170403 for preexisting soil or groundwater contamination due solely
1171to its ownership. This section does not affect the rights or
1172liabilities of any past or future owners of the acquired
1173property, nor does it affect the liability of any governmental
1174entity for the results of its actions which create or exacerbate
1175a pollution source. The authority and the Department of
1176Environmental Protection may enter into interagency agreements
1177for the performance, funding, and reimbursement of the
1178investigative and remedial acts necessary for property acquired
1179by the authority.
1180     343.87  Cooperation with other units, boards, agencies, and
1181individuals.--Express authority and power is hereby given and
1182granted to any county, municipality, drainage district, road and
1183bridge district, school district, or any other political
1184subdivision, board, commission, or individual in or of the state
1185to make and enter into with the authority contracts, leases,
1186conveyances, partnerships, or other agreements within the
1187provisions and purposes of this part. The authority is hereby
1188expressly authorized to make and enter into contracts, leases,
1189conveyances, partnerships, and other agreements with any
1190political subdivision, agency, or instrumentality of the state
1191and any and all federal agencies, corporations, and individuals
1192for the purpose of carrying out the provisions of this part.
1193     343.875  Public-private partnerships.--
1194     (1)  The authority may receive or solicit proposals and
1195enter into agreements with private entities, or consortia
1196thereof, for the building, operation, ownership, or financing of
1197transportation facilities within the jurisdiction of the
1198authority. Before approval, the authority must determine that a
1199proposed project:
1200     (a)  Is in the public's best interest.
1201     (b)  Would not require state funds to be used unless the
1202project is on or provides increased mobility on the State
1203Highway System.
1204     (c)  Would have adequate safeguards to ensure that no
1205additional costs or service disruptions would be realized by the
1206traveling public and citizens of the state in the event of
1207default or the cancellation of the agreement by the authority.
1208     (2)  The authority shall ensure that all reasonable costs
1209to the state related to transportation facilities that are not
1210part of the State Highway System are borne by the private
1211entity. The authority also shall ensure that all reasonable
1212costs to the state and substantially affected local governments
1213and utilities related to the private transportation facility are
1214borne by the private entity for transportation facilities that
1215are owned by private entities. For projects on the State Highway
1216System, the department may use state resources to participate in
1217funding and financing the project as provided for under the
1218department's enabling legislation.
1219     (3)  The authority may request proposals for public-private
1220transportation projects or, if it receives an unsolicited
1221proposal, it must publish a notice in the Florida Administrative
1222Weekly and a newspaper of general circulation in the county in
1223which it is located at least once a week for 2 weeks stating
1224that it has received the proposal and will accept, for 60 days
1225after the initial date of publication, other proposals for the
1226same project purpose. A copy of the notice must be mailed to
1227each local government in the affected areas. After the public
1228notification period has expired, the authority shall rank the
1229proposals in order of preference. In ranking the proposals, the
1230authority shall consider professional qualifications, general
1231business terms, innovative engineering or cost-reduction terms,
1232finance plans, and the need for state funds to deliver the
1233proposal. If the authority is not satisfied with the results of
1234the negotiations, it may at its sole discretion terminate
1235negotiations with the proposer. If these negotiations are
1236unsuccessful, the authority may go to the second and lower-
1237ranked firms, in order, using the same procedure. If only one
1238proposal is received, the authority may negotiate in good faith
1239and, if it is not satisfied with the results, it may at its sole
1240discretion terminate negotiations with the proposer.
1241Notwithstanding this subsection, the authority may at its
1242discretion reject all proposals at any point in the process up
1243to completion of a contract with the proposer.
1244     (4)  Agreements entered into pursuant to this section may
1245authorize the public-private entity to impose tolls or fares for
1246the use of the facility. However, the amount and use of toll or
1247fare revenues shall be regulated by the authority to avoid
1248unreasonable costs to users of the facility.
1249     (5)  Each public-private transportation facility
1250constructed pursuant to this section shall comply with all
1251requirements of federal, state, and local laws; state, regional,
1252and local comprehensive plans; the authority's rules, policies,
1253procedures, and standards for transportation facilities; and any
1254other conditions that the authority determines to be in the
1255public's best interest.
1256     (6)  The authority may exercise any of its powers,
1257including eminent domain, to facilitate the development and
1258construction of transportation projects pursuant to this
1259section. The authority may pay all or part of the cost of
1260operating and maintaining the facility or may provide services
1261to the private entity for which it receives full or partial
1262reimbursement for services rendered.
1263     (7)  Except as herein provided, this section is not
1264intended to amend existing law by granting additional powers to
1265or imposing further restrictions on the governmental entities
1266with regard to regulating and entering into cooperative
1267arrangements with the private sector for the planning,
1268construction, and operation of transportation facilities.
1269     (8)  The authority is authorized to adopt rules to
1270implement this section and shall, by rule, establish an
1271application fee for the submission of unsolicited proposals
1272under this section. The fee must be sufficient to pay the costs
1273of evaluating the proposals.
1274     343.88  Covenant of the state.--The state does hereby
1275pledge to, and agrees with, any person, firm or corporation, or
1276federal or state agency subscribing to or acquiring the bonds to
1277be issued by the authority for the purposes of this part that
1278the state will not limit or alter the rights hereby vested in
1279the authority and the department until all bonds at any time
1280issued, together with the interest thereon, are fully paid and
1281discharged insofar as the same affects the rights of the holders
1282of bonds issued hereunder. The state does further pledge to, and
1283agree with, the United States that, in the event any federal
1284agency constructs or contributes any funds for the completion,
1285extension, or improvement of the system or any part or portion
1286thereof, the state will not alter or limit the rights and powers
1287of the authority and the department in any manner which would be
1288inconsistent with the continued maintenance and operation of the
1289system or the completion, extension, or improvement thereof or
1290which would be inconsistent with the due performance of any
1291agreements between the authority and any such federal agency,
1292and the authority and the department shall continue to have and
1293may exercise all powers herein granted so long as the same shall
1294be necessary or desirable for the carrying out of the purposes
1295of this part and the purposes of the United States in the
1296completion, extension, or improvement of the system or any part
1297or portion thereof.
1298     343.881  Exemption from taxation.--The effectuation of the
1299authorized purposes of the authority created under this part is,
1300shall, and will be in all respects for the benefit of the people
1301of the state, for the increase of their commerce and prosperity,
1302and for the improvement of their health and living conditions
1303and, since such authority will be performing essential
1304governmental functions in effectuating such purposes, such
1305authority shall not be required to pay any taxes or assessments
1306of any kind or nature whatsoever upon any property acquired or
1307used by it for such purposes, or upon any rates, fees, rentals,
1308receipts, income, or charges at any time received by it, and the
1309bonds issued by the authority, their transfer, and the income
1310therefrom, including any profits made on the sale thereof, shall
1311at all times be free from taxation of any kind by the state or
1312by any political subdivision, taxing agency, or instrumentality
1313thereof. The exemption granted by this section shall not be
1314applicable to any tax imposed by chapter 220 on interest,
1315income, or profits on debt obligations owned by corporations.
1316     343.884  Eligibility for investments and security.--Any
1317bonds or other obligations issued pursuant to this part shall be
1318and constitute legal investments for banks, savings banks,
1319trustees, executors, administrators, and all other fiduciaries
1320and for all state, municipal, and other public funds and shall
1321also be and constitute securities eligible for deposit as
1322security for all state, municipal, or other public funds,
1323notwithstanding the provisions of any other law or laws to the
1324contrary.
1325     343.885  Pledges enforceable by bondholders.--It is the
1326express intention of this part that any pledge to the authority
1327by the department of rates, fees, revenues, or other funds as
1328rentals, or any covenants or agreements relative thereto, may be
1329enforceable in any court of competent jurisdiction against the
1330authority or directly against the department by any holder of
1331bonds issued by the authority.
1332     343.89  This part complete and additional authority.--
1333     (1)  The powers conferred by this part shall be in addition
1334and supplemental to the existing powers of said board and the
1335department, and this part shall not be construed as repealing
1336any of the provisions of any other law, general, special, or
1337local, but to supersede such other laws in the exercise of the
1338powers provided in this part and to provide a complete method
1339for the exercise of the powers granted in this part. The
1340extension and improvement of the system, and the issuance of
1341bonds hereunder to finance all or part of the cost thereof, may
1342be accomplished upon compliance with the provisions of this part
1343without regard to or necessity for compliance with the
1344provisions, limitations, or restrictions contained in any other
1345general, special, or local law, including, but not limited to,
1346s. 215.821, and no approval of any bonds issued under this part
1347by the qualified electors or qualified electors who are
1348freeholders in the state or in any other political subdivision
1349of the state shall be required for the issuance of such bonds
1350pursuant to this part.
1351     (2)  This part shall not be deemed to repeal, rescind, or
1352modify any other law relating to the State Board of
1353Administration, the Department of Transportation, or the
1354Division of Bond Finance of the State Board of Administration
1355but shall be deemed to and shall supersede such other laws as
1356are inconsistent with the provisions of this part, including,
1357but not limited to, s. 215.821.
1358     Section 14.  Paragraph (d) of subsection (2) of section
1359348.0003, Florida Statutes, is amended to read:
1360     348.0003  Expressway authority; formation; membership.--
1361     (2)  The governing body of an authority shall consist of
1362not fewer than five nor more than nine voting members. The
1363district secretary of the affected department district shall
1364serve as a nonvoting member of the governing body of each
1365authority located within the district. Each member of the
1366governing body must at all times during his or her term of
1367office be a permanent resident of the county which he or she is
1368appointed to represent.
1369     (d)  Notwithstanding any provision to the contrary in this
1370subsection, in any county as defined in s. 125.011(1), the
1371governing body of an authority shall consist of up to 7 13
1372members, and the following provisions of this paragraph shall
1373apply specifically to such authority. Except for the district
1374secretary of the department, the members must be residents of
1375the county. Four Seven voting members shall be county
1376commissioners appointed by the chair of the governing body of
1377the county. One voting member shall be a mayor of a municipality
1378within the county and shall be appointed by the Miami-Dade
1379County League of Cities. At the discretion of the governing body
1380of the county, up to two of the members appointed by the
1381governing body of the county may be elected officials residing
1382in the county. Five voting members of the authority shall be
1383appointed by the Governor. One member shall be the district
1384secretary of the department serving in the district that
1385contains such county and shall be an ex officio, voting member
1386of the authority. One member shall be the chair of the Miami-
1387Dade legislative delegation, or another member of the delegation
1388appointed by the chair, and shall be an ex officio, nonvoting
1389member of the authority. This member shall be an ex officio
1390voting member of the authority. If the governing board of an
1391authority includes any member originally appointed by the
1392governing body of the county as a nonvoting member, when the
1393term of such member expires, that member shall be replaced by a
1394member appointed by the Governor until the governing body of the
1395authority is composed of seven members appointed by the
1396governing body of the county and five members appointed by the
1397Governor. The qualifications, terms of office, and obligations
1398and rights of members of the authority shall be determined by
1399resolution or ordinance of the governing body of the county in a
1400manner that is consistent with subsections (3) and (4).
1401     Section 15.  Paragraph (f) of subsection (2) of section
1402348.0004, Florida Statutes, is amended to read:
1403     348.0004  Purposes and powers.--
1404     (2)  Each authority may exercise all powers necessary,
1405appurtenant, convenient, or incidental to the carrying out of
1406its purposes, including, but not limited to, the following
1407rights and powers:
1408     (f)1.  To fix, alter, charge, establish, and collect tolls,
1409rates, fees, rentals, and other charges for the services and
1410facilities system, which tolls, rates, fees, rentals, and other
1411charges must always be sufficient to comply with any covenants
1412made with the holders of any bonds issued pursuant to the
1413Florida Expressway Authority Act. However, such right and power
1414may be assigned or delegated by the authority to the department.
1415Notwithstanding s. 338.165 or any other provision of law to the
1416contrary, in any county as defined in s. 125.011(1), to the
1417extent surplus revenues exist, they may be used for purposes
1418enumerated in subsection (7), provided the expenditures are
1419consistent with the metropolitan planning organization's adopted
1420long-range plan. Notwithstanding any other provision of law to
1421the contrary, but subject to any contractual requirements
1422contained in documents securing any outstanding indebtedness
1423payable from tolls, in any county as defined in s. 125.011(1),
1424the board of county commissioners may, by ordinance adopted on
1425or before September 30, 1999, alter or abolish existing tolls
1426and currently approved increases thereto if the board provides a
1427local source of funding to the county expressway system for
1428transportation in an amount sufficient to replace revenues
1429necessary to meet bond obligations secured by such tolls and
1430increases.
1431     2.  Prior to raising tolls or establishing any new point of
1432toll collection by either cash payment or electronic toll
1433collection, an expressway authority in any county as defined in
1434s. 125.011(1) shall provide, where applicable, the county
1435commission, city commission, and metropolitan planning
1436organization in the affected area with written justification for
1437the proposed toll increase or new toll collection point. The
1438local governmental entities and the metropolitan planning
1439organization shall agenda the justification issue at its next
1440available public meeting and shall have 30 days after the date
1441of that meeting to request a public hearing on the proposed toll
1442increase or new toll collection point. Copies of the written
1443justification must also be provided to each member of the
1444Legislature who represents a district affected by the proposed
1445toll increase or new collection point, and the copies must be
1446provided at the same time as the information is submitted to the
1447local governmental entity. Within 60 days after receiving a
1448public hearing request from a local government or metropolitan
1449planning organization, the expressway authority shall hold at
1450least two public hearings in the area to be affected by its
1451proposal. The public hearings shall be advertised in a newspaper
1452of general circulation, as defined in s. 97.021(16), in the
1453affected county. Notice of the public hearing must be provided
1454to each member of the Legislature who represents a district
1455affected by the proposed toll increase or new collection point.
1456During the public hearings, the expressway authority shall, at a
1457minimum, present an in-depth cost-benefit analysis of the
1458proposed toll increase, present an in-depth description of the
1459transportation projects to be funded, and document all
1460questions, suggestions, or other comments offered by the public.
1461No toll increase shall become effective and no new point of toll
1462collections shall become operational until 90 days after the
1463last public hearing as required by this paragraph is held.
1464     Section 16.  Part X of chapter 348, Florida Statutes,
1465consisting of sections 348.9801, 348.9802, 348.9803, 348.9804,
1466348.9805, 348.9806, 348.9807, 348.9808, 348.9809, 348.9811,
1467348.9812, 348.9813, 348.9814, 348.9815, 348.9816, and 348.9817,
1468is created to read:
1469
PART X
1470
OSCEOLA COUNTY EXPRESSWAY AUTHORITY
1471     348.9801  Popular name.--This part shall be cited as the
1472"Osceola County Expressway Authority Law."
1473     348.9802  Definitions.--The following terms, whenever used
1474or referred to in this part, shall have the following meanings,
1475except in those instances where the context clearly indicates
1476otherwise:
1477     (1)  "Agency of the state" means and includes the state and
1478any department of, or corporation, agency, or instrumentality
1479heretofore or hereafter created, designated, or established by,
1480the state.
1481     (2)  "Authority" means the body politic and corporate and
1482agency of the state created by this part.
1483     (3)  "Bonds" means and includes the notes, bonds, refunding
1484bonds, or other evidences of indebtedness or obligations, in
1485either temporary or definitive form, which the authority is
1486authorized to issue pursuant to this part.
1487     (4)  "County" means Osceola County.
1488     (5)  "Department" means the Department of Transportation.
1489     (6)  "Federal agency" means and includes the United States,
1490the President of the United States, and any department of or
1491corporation, agency, or instrumentality heretofore or hereafter
1492created, designated, or established by the United States.
1493     (7)  "Lease-purchase agreement" means the lease-purchase
1494agreements which the authority is authorized pursuant to this
1495part to enter into with the department.
1496     (8)  "Limited access expressway" or "expressway" means a
1497street or highway especially designed for through traffic and
1498over, from, or to which no person shall have the right of
1499easement, use, or access except in accordance with the rules and
1500regulations promulgated and established by the authority for the
1501use of such facility. Such highways or streets may be parkways
1502from which trucks, buses, and other commercial vehicles shall be
1503excluded, or they may be freeways open to use by all customary
1504forms of street and highway traffic.
1505     (9)  "Members" means the governing body of the authority,
1506and the term "member" means one of the individuals constituting
1507such governing body.
1508     (10)  "Osceola County gasoline tax funds" means all the 80-
1509percent surplus gasoline tax funds accruing in each year to the
1510department for use in Osceola County under the provisions of s.
15119, Art. XII of the State Constitution after deduction only of
1512any amounts of said gasoline tax funds heretofore pledged by the
1513department or the county for outstanding obligations.
1514     (11)  "Osceola County Expressway System" means any and all
1515expressways and appurtenant facilities thereto, including, but
1516not limited to, all approaches, roads, bridges, and avenues of
1517access for said expressway or expressways.
1518     (12)  "State Board of Administration" means the body
1519corporate existing under the provisions of s. 9, Art. XII of the
1520State Constitution, or any successor thereto.
1521
1522Terms importing singular number include the plural number in
1523each case and vice versa, and terms importing persons include
1524firms and corporations.
1525     348.9803  Osceola County Expressway Authority.--
1526     (1)  There is hereby created and established a body politic
1527and corporate, an agency of the state, to be known as the
1528Osceola County Expressway Authority, hereinafter referred to as
1529"authority."
1530     (2)  The governing body of the authority shall consist of
1531five members. Three members shall be citizens of Osceola County,
1532who shall be appointed by the governing body of the county. The
1533fourth member shall be appointed by the Governor, and the fifth
1534member shall be, ex officio, the district secretary of the
1535Department of Transportation serving in the district that
1536contains Osceola County. The term of each appointed member shall
1537be for 4 years. However, the members appointed by the Governor
1538for the first time shall serve a term of 2 years. Each appointed
1539member shall hold office until his or her successor has been
1540appointed and has qualified. A vacancy occurring during a term
1541shall be filled only for the balance of the unexpired term. Each
1542appointed member of the authority shall be a person of
1543outstanding reputation for integrity, responsibility, and
1544business ability, but no person who is an officer or employee of
1545any city or of Osceola County in any other capacity shall be an
1546appointed member of the authority. Any member of the authority
1547shall be eligible for reappointment.
1548     (3)(a)  The authority shall elect one of its members as
1549chair of the authority. The authority shall also elect a
1550secretary and a treasurer who may or may not be members of the
1551authority. The chair, secretary, and treasurer shall hold such
1552offices at the will of the authority. Three members of the
1553authority shall constitute a quorum, and the vote of three
1554members shall be necessary for any action taken by the
1555authority. No vacancy in the authority shall impair the right of
1556a quorum of the authority to exercise all of the rights and
1557perform all of the duties of the authority.
1558     (b)  Upon the effective date of his or her appointment or
1559as soon thereafter as practicable, each appointed member of the
1560authority shall enter upon his or her duties.
1561     (4)(a)  The authority may employ an executive secretary, an
1562executive director, its own counsel and legal staff, technical
1563experts, such engineers, and such employees, permanent or
1564temporary, as it may require; may determine the qualifications
1565and fix the compensation of such persons, firms, or
1566corporations; and may employ a fiscal agent or agents. However,
1567the authority shall solicit sealed proposals from at least three
1568persons, firms, or corporations for the performance of any
1569services as fiscal agents. The authority may delegate to one or
1570more of its agents or employees such of its power as it shall
1571deem necessary to carry out the purposes of this part, subject
1572always to the supervision and control of the authority.
1573     (b)  Members of the authority may be removed from office by
1574the Governor for misconduct, malfeasance, misfeasance, or
1575nonfeasance in office. Members of the authority shall be
1576entitled to receive from the authority their travel and other
1577necessary expenses incurred in connection with the business of
1578the authority as provided in s. 112.061, but they shall draw no
1579salaries or other compensation.
1580     348.9804  Purposes and powers.--
1581     (1)(a)  The authority created and established by the
1582provisions of this part is hereby granted and shall have the
1583right to acquire, hold, construct, improve, maintain, operate,
1584own, and lease in the capacity of lessor the Osceola County
1585Expressway System, hereinafter referred to as "system."
1586     (b)  It is the express intention of this part that said
1587authority, in the construction of said Osceola County Expressway
1588System, shall be authorized to construct any extensions,
1589additions, or improvements to said system or appurtenant
1590facilities, including all necessary approaches, roads, bridges,
1591and avenues of access with such changes, modifications, or
1592revisions of said project as shall be deemed desirable and
1593proper.
1594     (2)  The authority is hereby granted and shall have and may
1595exercise all powers necessary, appurtenant, convenient, or
1596incidental to the carrying out of its purposes, including, but
1597not limited to, the following rights and powers:
1598     (a)  To sue and be sued, implead and be impleaded, and
1599complain and defend in all courts.
1600     (b)  To adopt, use, and alter at will a corporate seal.
1601     (c)  To acquire by donation or otherwise, purchase, hold,
1602lease as lessee, and use any franchise, property, real,
1603personal, or mixed, tangible or intangible, or any options
1604thereof, in its own name or in conjunction with others, or
1605interest therein, necessary or desirable for carrying out the
1606purposes of the authority, and to sell, lease as lessor,
1607transfer, and dispose of any property or interest therein at any
1608time acquired by it.
1609     (d)  To enter into and make leases for terms not exceeding
161040 years as either lessee or lessor in order to carry out the
1611right to lease as set forth in this part.
1612     (e)  To enter into and make lease-purchase agreements with
1613the department for terms not exceeding 40 years, or until any
1614bonds secured by a pledge of rentals thereunder and any
1615refundings thereof are fully paid as to both principal and
1616interest, whichever is longer.
1617     (f)  To fix, alter, charge, establish, and collect rates,
1618fees, rentals, and other charges for the services and facilities
1619of the Osceola County Expressway System, which rates, fees,
1620rentals, and other charges shall always be sufficient to comply
1621with any covenants made with the holders of any bonds issued
1622pursuant to this part; however, such right and power may be
1623assigned or delegated by the authority to the department.
1624     (g)  To borrow money and make and issue negotiable notes,
1625bonds, refunding bonds, and other evidences of indebtedness or
1626obligations, either in temporary or definitive form, hereinafter
1627in this part sometimes called "bonds" of the authority, for the
1628purpose of financing all or part of the improvement or extension
1629of the Osceola County Expressway System and appurtenant
1630facilities, including all approaches, streets, roads, bridges,
1631and avenues of access for said Osceola County Expressway System
1632and for any other purpose authorized by this part, said bonds to
1633mature in not exceeding 40 years from the date of the issuance
1634thereof, and to secure the payment of such bonds or any part
1635thereof by a pledge of any or all of its revenues, rates, fees,
1636rentals, or other charges, including all or any portion of the
1637Osceola County gasoline tax funds received by the authority
1638pursuant to the terms of any lease-purchase agreement between
1639the authority and the department; and, in general, to provide
1640for the security of said bonds and the rights and remedies of
1641the holders thereof. However, no portion of the Osceola County
1642gasoline tax funds shall be pledged for the construction of any
1643project for which a toll is to be charged unless the anticipated
1644tolls are reasonably estimated by the board of county
1645commissioners, at the date of its resolution pledging said
1646funds, to be sufficient to cover the principal and interest of
1647such obligations during the period when said pledge of funds
1648shall be in effect.
1649     1.  The authority shall reimburse Osceola County for any
1650sums expended from said gasoline tax funds used for the payment
1651of such obligations. Any gasoline tax funds so disbursed shall
1652be repaid when the authority deems it practicable, together with
1653interest at the highest rate applicable to any obligations of
1654the authority.
1655     2.  In the event the authority shall determine to fund or
1656refund any bonds theretofore issued by said authority or by said
1657commission as aforesaid prior to the maturity thereof, the
1658proceeds of such funding or refunding bonds shall, pending the
1659prior redemption of the bonds to be funded or refunded, be
1660invested in direct obligations of the United States. It is the
1661express intention of this part that such outstanding bonds may
1662be funded or refunded by the issuance of bonds pursuant to this
1663part.
1664     (h)  To make contracts of every name and nature, including,
1665but not limited to, partnerships providing for participation in
1666ownership and revenues, and to execute all instruments necessary
1667or convenient for the carrying on of its business.
1668     (i)  Without limitation of the foregoing, to borrow money
1669and accept grants from and to enter into contracts, leases, or
1670other transactions with any federal agency, the state, any
1671agency of the state, Osceola County, or with any other public
1672body of the state.
1673     (j)  To have the power of eminent domain, including the
1674procedural powers granted under chapters 73 and 74.
1675     (k)  To pledge, hypothecate, or otherwise encumber all or
1676any part of the revenues, rates, fees, rentals, or other charges
1677or receipts of the authority, including all or any portion of
1678the Osceola County gasoline tax funds received by the authority
1679pursuant to the terms of any lease-purchase agreement between
1680the authority and the department, as security for all or any of
1681the obligations of the authority.
1682     (l)  To enter into partnership and other agreements
1683respecting ownership and revenue participation in order to
1684facilitate financing and constructing any project or portions
1685thereof.
1686     (m)  To participate in developer agreements or to receive
1687developer contributions.
1688     (n)  To contract with Osceola County for the operation of a
1689toll facility within the county.
1690     (o)  To do all acts and things necessary or convenient for
1691the conduct of its business and the general welfare of the
1692authority in order to carry out the powers granted to it by this
1693part or any other law.
1694     (p)  With the consent of the county within whose
1695jurisdiction the following activities occur, to construct,
1696operate, and maintain roads, bridges, avenues of access,
1697thoroughfares, and boulevards outside the jurisdictional
1698boundaries of Osceola County and to construct, repair, replace,
1699operate, install, and maintain electronic toll payment systems
1700thereon with all necessary and incidental powers to accomplish
1701the foregoing.
1702     (3)  The authority shall have no power at any time or in
1703any manner to pledge the credit or taxing power of the state or
1704any political subdivision or agency thereof, including Osceola
1705County, nor shall any of the authority's obligations be deemed
1706to be obligations of the state or of any political subdivision
1707or agency thereof, nor shall the state or any political
1708subdivision or agency thereof, except the authority, be liable
1709for the payment of the principal of or interest on such
1710obligations.
1711     (4)  Anything in this part to the contrary notwithstanding,
1712acquisition of right-of-way for a project of the authority which
1713is within the boundaries of any municipality in Osceola County
1714shall not be started unless and until the route of said project
1715within said municipality has been given prior approval by the
1716governing body of said municipality.
1717     (5)  The authority shall have no power other than by
1718consent of Osceola County or any affected city to enter into any
1719agreement which would legally prohibit the construction of any
1720road by Osceola County or by any municipality within Osceola
1721County.
1722     348.9805  Improvements, bond financing authority
1723for.--Pursuant to s. 11(f), Art. VII of the State Constitution,
1724the Legislature hereby approves for bond financing by the
1725Osceola County Expressway Authority improvements to toll
1726collection facilities, interchanges to the legislatively
1727approved expressway system, and any other facility appurtenant,
1728necessary, or incidental to the approved system. Subject to
1729terms and conditions of applicable revenue bond resolutions and
1730covenants, such costs may be financed in whole or in part by
1731revenue bonds issued pursuant to s. 348.9806(1)(a) or (b)
1732whether currently issued or issued in the future, or by a
1733combination of such bonds.
1734     348.9806  Bonds of the authority.--
1735     (1)(a)  Bonds may be issued on behalf of the authority
1736pursuant to the State Bond Act.
1737     (b)  Alternatively, the authority may issue its own bonds
1738pursuant to this part at such times and in such principal amount
1739as, in the opinion of the authority, is necessary to provide
1740sufficient moneys for achieving its purposes; however, such
1741bonds may not pledge the full faith and credit of the state.
1742Bonds issued by the authority pursuant to this paragraph or
1743paragraph (a), whether on original issuance or on refunding,
1744shall be authorized by resolution of the members thereof and may
1745be either term or serial bonds, shall bear such date or dates,
1746mature at such time or times, not exceeding 40 years from their
1747respective dates, bear interest at such rate or rates, payable
1748semiannually, be in such denominations, be in such form, either
1749coupon or fully registered, shall carry such registration,
1750exchangeability, and interchangeability privileges, be payable
1751in such medium of payment and at such place or places, be
1752subject to such terms of redemption, and be entitled to such
1753priorities on the revenues, rates, fees, rentals, or other
1754charges or receipts of the authority, including the Osceola
1755County gasoline tax funds received by the authority pursuant to
1756the terms of any lease-purchase agreement between the authority
1757and the department, as such resolution or any resolution
1758subsequent thereto may provide. The bonds shall be executed
1759either by manual or facsimile signature by such officers as the
1760authority shall determine, provided that such bonds shall bear
1761at least one signature which is manually executed thereon, and
1762the coupons attached to such bonds shall bear the facsimile
1763signature or signatures of such officer or officers as shall be
1764designated by the authority and shall have the seal of the
1765authority affixed, imprinted, reproduced, or lithographed
1766thereon, all as may be prescribed in such resolution or
1767resolutions.
1768     (c)  Bonds issued pursuant to paragraph (a) or paragraph
1769(b) shall be sold at public sale in the same manner provided by
1770the State Bond Act. However, if the authority, by official
1771action at a public meeting, determines that a negotiated sale of
1772such bonds is in the best interest of the authority, the
1773authority may negotiate the sale of such bonds with the
1774underwriter designated by the authority and the Division of Bond
1775Finance of the State Board of Administration with respect to
1776bonds issued pursuant to paragraph (a) or solely the authority
1777with respect to bonds issued pursuant to paragraph (b). The
1778authority's determination to negotiate the sale of such bonds
1779may be based, in part, upon the written advice of the
1780authority's financial adviser. Pending the preparation of
1781definitive bonds, interim certificates may be issued to the
1782purchaser or purchasers of such bonds and may contain such terms
1783and conditions as the authority may determine.
1784     (d)  The authority may issue bonds pursuant to paragraph
1785(b) to refund any bonds previously issued regardless of whether
1786the bonds being refunded were issued by the authority pursuant
1787to this chapter or on behalf of the authority pursuant to the
1788State Bond Act.
1789     (2)  Any such resolution or resolutions authorizing any
1790bonds hereunder may contain provisions which shall be part of
1791the contract with the holders of such bonds, as to:
1792     (a)  The pledging of all or any part of the revenues,
1793rates, fees, rentals (including all or any portion of the
1794Osceola County gasoline tax funds received by the authority
1795pursuant to the terms of any lease-purchase agreement between
1796the authority and the department, or any part thereof), or other
1797charges or receipts of the authority, derived by the authority,
1798from the Osceola County Expressway System.
1799     (b)  The completion, improvement, operation, extension,
1800maintenance, repair, lease, or lease-purchase agreement of said
1801system and the duties of the authority and others, including the
1802department, with reference thereto.
1803     (c)  Limitations on the purposes to which the proceeds of
1804the bonds, then or thereafter to be issued, or of any loan or
1805grant by the United States or the state may be applied.
1806     (d)  The fixing, charging, establishing, and collecting of
1807rates, fees, rentals, or other charges for use of the services
1808and facilities of the Osceola County Expressway System or any
1809part thereof.
1810     (e)  The setting aside of reserves or sinking funds or
1811repair and replacement funds and the regulation and disposition
1812thereof.
1813     (f)  Limitations on the issuance of additional bonds.
1814     (g)  The terms and provisions of any lease-purchase
1815agreement, deed of trust, or indenture securing the bonds or
1816under which the same may be issued.
1817     (h)  Any other or additional agreements with the holders of
1818the bonds which the authority may deem desirable and proper.
1819     (3)  The authority may employ fiscal agents as provided by
1820this part or the State Board of Administration may, upon request
1821of the authority, act as fiscal agent for the authority in the
1822issuance of any bonds which may be issued pursuant to this part.
1823The State Board of Administration may, upon request of the
1824authority, take over the management, control, administration,
1825custody, and payment of any or all debt services, funds, or
1826assets now or hereafter available for any bonds issued pursuant
1827to this part. The authority may enter into any deeds of trust,
1828indentures, or other agreements with its fiscal agent or with
1829any bank or trust company within or without the state as
1830security for such bonds and may, under such agreements, sign and
1831pledge all or any of the revenues, rates, fees, rentals, or
1832other charges or receipts of the authority, including all or any
1833portion of the Osceola County gasoline tax funds received by the
1834authority pursuant to the terms of any lease-purchase agreement
1835between the authority and the department, thereunder. Such deed
1836of trust, indenture, or other agreement may contain such
1837provisions as are customary in such instruments or, as the
1838authority may authorize, including but without limitation,
1839provisions as to:
1840     (a)  The completion, improvement, operation, extension,
1841maintenance, repair, and lease of or lease-purchase agreement
1842relating to the Osceola County Expressway System and the duties
1843of the authority and others including the department with
1844reference thereto.
1845     (b)  The application of funds and the safeguarding of funds
1846on hand or on deposit.
1847     (c)  The rights and remedies of the trustee and the holders
1848of the bonds.
1849     (d)  The terms and provisions of the bonds or the
1850resolutions authorizing the issuance of same.
1851     (4)  Any of the bonds issued pursuant to this part are, and
1852are hereby declared to be, negotiable instruments and shall have
1853all the qualities and incidents of negotiable instruments under
1854the law merchant and the negotiable instruments law of the
1855state.
1856     (5)  Notwithstanding any of the provisions of this part,
1857each project, building, or facility which has been financed by
1858the issuance of bonds or other evidence of indebtedness under
1859this part and any refinancing thereof is hereby approved as
1860provided for in s. 11(f), Art. VII of the State Constitution.
1861     348.9807  Remedies of the bondholders.--
1862     (1)  The rights and the remedies herein conferred upon or
1863granted to the bondholders shall be in addition to and not in
1864limitation of any rights and remedies lawfully granted to such
1865bondholders by the resolution or resolutions providing for the
1866issuance of bonds or by a lease-purchase agreement, deed of
1867trust, indenture, or other agreement under which the bonds may
1868be issued or secured. In the event that the authority defaults
1869in the payment of the principal of or interest on any of the
1870bonds issued pursuant to the provisions of this part after such
1871principal of or interest on said bonds becomes due, whether at
1872maturity or upon call for redemption, or in the event that the
1873department defaults in any payments under or covenants made in
1874any lease-purchase agreement between the authority and the
1875department and such default continues for a period of 30 days,
1876or in the event that the authority or the department fails or
1877refuses to comply with the provisions of this part or any
1878agreement made with or for the benefit of the holders of the
1879bonds, the holders of 25 percent in aggregate principal amount
1880of the bonds then outstanding shall be entitled as of right to
1881the appointment of a trustee to represent such bondholders for
1882the purposes hereof, provided that such holders of 25 percent in
1883aggregate principal amount of the bonds then outstanding first
1884give notice to the authority and to the department of their
1885intention to appoint a trustee. Such notice shall be deemed to
1886have been given if given in writing, deposited in a securely
1887sealed postpaid wrapper, mailed at a regularly maintained United
1888States post office box or station, and addressed, respectively,
1889to the chair of the authority and to the Secretary of
1890Transportation at the principal office of the department.
1891     (2)  Such trustee and any trustee under any deed of trust,
1892indenture, or other agreement may and, upon written request of
1893the holders of 25 percent or such other percentages as may be
1894specified in any deed of trust, indenture, or other agreement
1895aforesaid in principal amount of the bonds then outstanding,
1896shall, in any court of competent jurisdiction in his, her, or
1897its own name:
1898     (a)  By mandamus or other suit, action, or proceeding at
1899law or in equity, enforce all rights of the bondholders,
1900including the right to require the authority to fix, establish,
1901maintain, collect, and charge rates, fees, rentals, and other
1902charges adequate to carry out any agreement as to or pledge of
1903the revenues or receipts of the authority to carry out any other
1904covenants and agreements with or for the benefit of the
1905bondholders, and to perform its and their duties under this
1906part.
1907     (b)  By mandamus or other suit, action, or proceeding at
1908law or in equity, enforce all rights of the bondholders under or
1909pursuant to any lease-purchase agreement between the authority
1910and the department, including the right to require the
1911department to make all rental payments required to be made by it
1912under the provisions of any such lease-purchase agreement,
1913whether from the Osceola County gasoline tax funds or other
1914funds of the department so agreed to be paid, and to require the
1915department to carry out any other covenants and agreements with
1916or for the benefit of the bondholders and to perform its and
1917their duties under this part.
1918     (c)  Bring suit upon the bonds.
1919     (d)  By action or suit in equity, require the authority or
1920the department to account as if it were the trustee of an
1921express trust for the bondholders.
1922     (e)  By action or suit in equity, enjoin any acts or things
1923which may be unlawful or in violation of the rights of the
1924bondholders.
1925     (3)  Whether or not all bonds have been declared due and
1926payable, any trustee, when appointed under this section or
1927acting under a deed of trust, indenture, or other agreement,
1928shall be entitled as of right to the appointment of a receiver
1929who may enter upon and take possession of the Osceola County
1930Expressway System or the facilities or any part or parts
1931thereof, the rates, fees, rentals, or other revenues, charges,
1932or receipts from which are or may be applicable to the payment
1933of the bonds so in default, and, subject to and in compliance
1934with the provisions of any lease-purchase agreement between the
1935authority and the department, operate and maintain the same for
1936and on behalf and in the name of the authority, the department,
1937and the bondholders and collect and receive all rates, fees,
1938rentals, and other charges or receipts or revenues arising
1939therefrom in the same manner as the authority or the department
1940might do, and shall deposit all such moneys in a separate
1941account and apply the same in such manner as the court shall
1942direct. In any suit, action, or proceeding by the trustee, the
1943fees, counsel fees, and expenses of the trustee and said
1944receiver, if any, and all costs and disbursements allowed by the
1945court shall be a first charge on any rates, fees, rentals, or
1946other charges, revenues, or receipts derived from the Osceola
1947County Expressway System or the facilities or services or any
1948part or parts thereof, including payments under any such lease-
1949purchase agreement as aforesaid, which said rates, fees,
1950rentals, or other charges, revenues, or receipts shall or may be
1951applicable to the payment of the bonds so in default. Such
1952trustee shall also have and possess all of the powers necessary
1953or appropriate for the exercise of any functions specifically
1954set forth in this part or incident to the representation of the
1955bondholders in the enforcement and protection of their rights.
1956     (4)  Nothing in this section or any other section of this
1957part shall authorize any receiver appointed pursuant to this
1958part for the purpose, subject to and in compliance with the
1959provisions of any lease-purchase agreement between the authority
1960and the department, of operating and maintaining the Osceola
1961County Expressway System or any facilities or part or parts
1962thereof to sell, assign, mortgage, or otherwise dispose of any
1963of the assets of whatever kind and character belonging to the
1964authority. It is the intention of this part to limit the powers
1965of such receiver, subject to and in compliance with the
1966provisions of any lease-purchase agreement between the authority
1967and the department, to the operation and maintenance of the
1968Osceola County Expressway System or any facility or part or
1969parts thereof, as the court may direct, in the name and for and
1970on behalf of the authority, the department, and the bondholders.
1971No holder of bonds on the authority nor any trustee shall ever
1972have the right in any suit, action, or proceeding at law or in
1973equity to compel a receiver, nor shall any receiver be
1974authorized or any court be empowered to direct the receiver, to
1975sell, assign, mortgage, or otherwise dispose of any assets of
1976whatever kind or character belonging to the authority.
1977     348.9808  Lease-purchase agreement.--
1978     (1)  In order to effectuate the purposes of this part and
1979as authorized by this part, the authority may enter into a
1980lease-purchase agreement with the department relating to and
1981covering the Osceola County Expressway System.
1982     (2)  Such lease-purchase agreement shall provide for the
1983leasing of the Osceola County Expressway System by the authority
1984as lessor to the department as lessee, shall prescribe the term
1985of such lease and the rentals to be paid thereunder, and shall
1986provide that, upon the completion of the faithful performance
1987thereunder and the termination of such lease-purchase agreement,
1988title in fee simple absolute to the Osceola County Expressway
1989System as then constituted shall be transferred in accordance
1990with law by the authority to the state and the authority shall
1991deliver to the department such deeds and conveyances as shall be
1992necessary or convenient to vest title in fee simple absolute in
1993the state.
1994     (3)  Such lease-purchase agreement may include such other
1995provisions, agreements, and covenants as the authority and the
1996department deem advisable or required, including, but not
1997limited to, provisions as to the bonds to be issued under and
1998for the purposes of this part; the completion, extension,
1999improvement, operation, and maintenance of the Osceola County
2000Expressway System; the expenses and the cost of operation of
2001said authority; the charging and collection of tolls, rates,
2002fees, and other charges for the use of the services and
2003facilities thereof; the application of federal or state grants
2004or aid which may be made or given to assist the authority in the
2005completion, extension, improvement, operation, and maintenance
2006of the Orlando Expressway System, which the authority is hereby
2007authorized to accept and apply to such purposes; the enforcement
2008of payment and collection of rentals; and any other terms,
2009provisions, or covenants necessary, incidental, or appurtenant
2010to the making of and full performance under such lease-purchase
2011agreement.
2012     (4)  The department as lessee under such lease-purchase
2013agreement is hereby authorized to pay as rentals thereunder any
2014rates, fees, charges, funds, moneys, receipts, or income
2015accruing to the department from the operation of the Osceola
2016County Expressway System and the Osceola County gasoline tax
2017funds and may also pay as rentals any appropriations received by
2018the department pursuant to any act of the Legislature heretofore
2019or hereafter enacted. However, nothing herein or in such lease-
2020purchase agreement is intended to require, nor shall this part
2021or such lease-purchase agreement require, the making or
2022continuance of such appropriations, nor shall any holder of
2023bonds issued pursuant to this part ever have any right to compel
2024the making or continuance of such appropriations.
2025     (5)  No pledge of said Osceola County gasoline tax funds as
2026rentals under such lease-purchase agreement shall be made
2027without the consent of Osceola County evidenced by a resolution
2028duly adopted by the board of county commissioners of said county
2029at a public hearing held pursuant to due notice thereof
2030published at least once a week for 3 consecutive weeks before
2031the hearing in a newspaper of general circulation in Osceola
2032County. In addition to other provisions, the resolution shall
2033provide that any excess of said pledged gasoline tax funds which
2034is not required for debt service or reserves for such debt
2035service for any bonds issued by said authority shall be returned
2036annually to the department for distribution to Osceola County as
2037provided by law. Before making any application for such pledge
2038of gasoline tax funds, the authority shall present the plan of
2039its proposed project to the Osceola County Planning and Zoning
2040Commission for its comments and recommendations.
2041     (6)  The department shall have power to covenant in any
2042lease-purchase agreement that it will pay all or any part of the
2043cost of the operation, maintenance, repair, renewal, and
2044replacement of the system and any part of the cost of completing
2045the system to the extent that the proceeds of bonds issued
2046therefor are insufficient from sources other than the revenues
2047derived from the operation of the system and Osceola County
2048gasoline tax funds. The department may also agree to make such
2049other payments from any moneys available to the commission or
2050the county in connection with the construction or completion of
2051the system as shall be deemed by the department to be fair and
2052proper under any such covenants heretofore or hereafter entered
2053into.
2054     (7)  The system shall be a part of the state road system
2055and the department is hereby authorized, upon the request of the
2056authority, to expend out of any funds available for the purpose
2057such moneys and to use such of its engineering and other forces
2058as may be necessary and desirable in the judgment of the
2059department for the operation of the authority and for traffic
2060surveys, borings, surveys, preparation of plans and
2061specifications, estimates of cost, and other preliminary
2062engineering and other studies; however, the aggregate amount of
2063moneys expended for said purposes by the department shall not
2064exceed the sum of $375,000.
2065     348.9809  Department may be appointed agent of authority
2066for construction.--The authority may appoint the department as
2067its agent for the purpose of constructing improvements and
2068extensions to the Osceola County Expressway System and for the
2069completion thereof. In such event, the authority shall provide
2070the department with complete copies of all documents,
2071agreements, resolutions, contracts, and instruments relating
2072thereto and shall request the department to do such construction
2073work, including the planning, surveying, and actual construction
2074of the completion, extensions, and improvements to the Osceola
2075County Expressway System, and shall transfer to the credit of an
2076account of the department in the treasury of the state the
2077necessary funds therefor, and the department shall thereupon be
2078authorized, empowered, and directed to proceed with such
2079construction and to use the funds for such purpose in the same
2080manner that it is now authorized to use the funds otherwise
2081provided by law for its use in construction of roads and
2082bridges.
2083     348.9811  Acquisition of lands and property.--
2084     (1)  For the purposes of this part, the Osceola County
2085Expressway Authority may acquire private or public property and
2086property rights, including rights of access, air, view, and
2087light by gift, devise, purchase, or condemnation by eminent
2088domain proceedings, as the authority may deem necessary for any
2089of the purposes of this part, including, but not limited to, any
2090lands reasonably necessary for securing applicable permits,
2091areas necessary for management of access, borrow pits, drainage
2092ditches, water retention areas, rest areas, replacement access
2093for landowners whose access is impaired due to the construction
2094of a facility, and replacement rights-of-way for relocated rail
2095and utility facilities; for existing, proposed, or anticipated
2096transportation facilities on the Osceola County Expressway
2097System or in a transportation corridor designated by the
2098authority; or for the purposes of screening, relocation,
2099removal, or disposal of junkyards and scrap metal processing
2100facilities. The authority shall also have the power to condemn
2101any material and property necessary for such purposes.
2102     (2)  The right of eminent domain conferred in this part
2103shall be exercised by the authority in the manner provided by
2104law.
2105     (3)  When the authority acquires property for a
2106transportation facility or in a transportation corridor, it is
2107not subject to any liability imposed by chapter 376 or chapter
2108403 for preexisting soil or groundwater contamination due solely
2109to its ownership. This section does not affect the rights or
2110liabilities of any past or future owners of the acquired
2111property, nor does it affect the liability of any governmental
2112entity for the results of its actions which create or exacerbate
2113a pollution source. The authority and the Department of
2114Environmental Protection may enter into interagency agreements
2115for the performance, funding, and reimbursement of the
2116investigative and remedial acts necessary for property acquired
2117by the authority.
2118     348.9812  Cooperation with other units, boards, agencies,
2119and individuals.--Express authority and power is hereby given
2120and granted any county, municipality, drainage district, road
2121and bridge district, school district, or any other political
2122subdivision, board, commission, or individual in or of the state
2123to make and enter into with the authority contracts, leases,
2124conveyances, partnerships, or other agreements within the
2125provisions and purposes of this part. The authority is hereby
2126expressly authorized to make and enter into contracts, leases,
2127conveyances, partnerships, and other agreements with any
2128political subdivision, agency, or instrumentality of the state
2129and any and all federal agencies, corporations, and individuals
2130for the purpose of carrying out the provisions of this part.
2131     348.9813  Covenant of the state.--The state does hereby
2132pledge to and agrees with any person, firm, or corporation or
2133federal or state agency subscribing to or acquiring the bonds to
2134be issued by the authority for the purposes of this part that
2135the state will not limit or alter the rights hereby vested in
2136the authority and the department until all bonds at any time
2137issued together with the interest thereon are fully paid and
2138discharged insofar as the same affects the rights of the holders
2139of bonds issued hereunder. The state does further pledge to and
2140agree with the United States that in the event any federal
2141agency shall construct or contribute any funds for the
2142completion, extension, or improvement of the Osceola County
2143Expressway System, or any part or portion thereof, the state
2144will not alter or limit the rights and powers of the authority
2145and the department in any manner which would be inconsistent
2146with the continued maintenance and operation of the Osceola
2147County Expressway System or the completion, extension, or
2148improvement thereof or which would be inconsistent with the due
2149performance of any agreements between the authority and any such
2150federal agency. The authority and the department shall continue
2151to have and may exercise all powers herein granted so long as
2152the same shall be necessary or desirable for the carrying out of
2153the purposes of this part and the purposes of the United States
2154in the completion, extension, or improvement of the Osceola
2155County Expressway System or any part or portion thereof.
2156     348.9814  Exemption from taxation.--The effectuation of the
2157authorized purposes of the authority created under this part is,
2158shall, and will be in all respects for the benefit of the people
2159of the state, for the increase of their commerce and prosperity,
2160and for the improvement of their health and living conditions,
2161and, since such authority will be performing essential
2162governmental functions in effectuating such purposes, such
2163authority shall not be required to pay any taxes or assessments
2164of any kind or nature whatsoever upon any property acquired or
2165used by it for such purposes, or upon any rates, fees, rentals,
2166receipts, income, or charges at any time received by it, and the
2167bonds issued by the authority, their transfer, and the income
2168therefrom, including any profits made on the sale thereof, shall
2169at all times be free from taxation of any kind by the state or
2170by any political subdivision, taxing agency, or instrumentality
2171thereof. The exemption granted by this section shall not be
2172applicable to any tax imposed by chapter 220 on interest,
2173income, or profits on debt obligations owned by corporations.
2174     348.9815  Eligibility for investments and security.--Any
2175bonds or other obligations issued pursuant to this part shall be
2176and constitute legal investments for banks, savings banks,
2177trustees, executors, administrators, and all other fiduciaries
2178and for all state, municipal, and other public funds and shall
2179also be and constitute securities eligible for deposit as
2180security for all state, municipal, or other public funds,
2181notwithstanding the provisions of any other law or laws to the
2182contrary.
2183     348.9816  Pledges enforceable by bondholders.--It is the
2184express intention of this part that any pledge by the department
2185of rates, fees, revenues, Osceola County gasoline tax funds, or
2186other funds as rentals to the authority, or any covenants or
2187agreements relative thereto, may be enforceable in any court of
2188competent jurisdiction against the authority or directly against
2189the department by any holder of bonds issued by the authority.
2190     348.9817  This part complete and additional authority.--
2191     (1)  The powers conferred by this part shall be in addition
2192and supplemental to the existing powers of the board and the
2193department, and this part shall not be construed as repealing
2194any of the provisions of any other law, general, special, or
2195local, but to supersede such other laws in the exercise of the
2196powers provided in this part and to provide a complete method
2197for the exercise of the powers granted in this part. The
2198extension and improvement of the Osceola County Expressway
2199System and the issuance of bonds hereunder to finance all or
2200part of the cost thereof may be accomplished upon compliance
2201with the provisions of this part without regard to or necessity
2202for compliance with the provisions, limitations, or restrictions
2203contained in any other general, special, or local law,
2204including, but not limited to, s. 215.821. No approval of any
2205bonds issued under this part by the qualified electors or
2206qualified electors who are freeholders in the state or in
2207Osceola County or in any other political subdivision of the
2208state shall be required for the issuance of such bonds pursuant
2209to this part.
2210     (2)  This part shall not be deemed to repeal, rescind, or
2211modify the Osceola County Charter. This part shall not be deemed
2212to repeal, rescind, or modify any other law relating to the
2213State Board of Administration, the Department of Transportation,
2214or the Division of Bond Finance of the State Board of
2215Administration but shall be deemed to and shall supersede such
2216other laws as are inconsistent with the provisions of this part,
2217including, but not limited to, s. 215.821.
2218     Section 17.  Section 373.4137, Florida Statutes, is amended
2219to read:
2220     373.4137  Mitigation requirements for specified
2221transportation projects.--
2222     (1)  The Legislature finds that environmental mitigation
2223for the impact of transportation projects proposed by the
2224Department of Transportation or a transportation authority
2225established pursuant to chapter 348 or chapter 349 can be more
2226effectively achieved by regional, long-range mitigation planning
2227rather than on a project-by-project basis. It is the intent of
2228the Legislature that mitigation to offset the adverse effects of
2229these transportation projects be funded by the Department of
2230Transportation and be carried out by the Department of
2231Environmental Protection and the water management districts,
2232including the use of mitigation banks established pursuant to
2233this part.
2234     (2)  Environmental impact inventories for transportation
2235projects proposed by the Department of Transportation or a
2236transportation authority established pursuant to chapter 348 or
2237chapter 349 shall be developed as follows:
2238     (a)  By July May 1 of each year, the Department of
2239Transportation or a transportation authority established
2240pursuant to chapter 348 or chapter 349 shall submit to the
2241Department of Environmental Protection and the water management
2242districts a copy of its adopted work program and an
2243environmental impact inventory of habitats addressed in the
2244rules adopted tentatively, pursuant to this part and s. 404 of
2245the Clean Water Act, 33 U.S.C. s. 1344, which may be impacted by
2246its plan of construction for transportation projects in the next
22473 years of the tentative work program. The Department of
2248Transportation or a transportation authority established
2249pursuant to chapter 348 or chapter 349 may also include in its
2250environmental impact inventory the habitat impacts of any future
2251transportation project identified in the tentative work program.
2252The Department of Transportation and each transportation
2253authority established pursuant to chapter 348 or chapter 349 may
2254fund any mitigation activities for future projects using
2255current-year funds.
2256     (b)  The environmental impact inventory shall include a
2257description of these habitat impacts, including their location,
2258acreage, and type; state water quality classification of
2259impacted wetlands and other surface waters; any other state or
2260regional designations for these habitats; and a survey of
2261threatened species, endangered species, and species of special
2262concern affected by the proposed project.
2263     (3)(a)  To fund development and implementation of the
2264mitigation plan for the projected impacts identified in the
2265environmental impact inventory described in subsection (2), the
2266Department of Transportation shall identify funds quarterly in
2267an escrow account within the State Transportation Trust Fund for
2268the environmental mitigation phase of projects budgeted by the
2269Department of Transportation for the current fiscal year. The
2270escrow account shall be maintained by the Department of
2271Transportation for the benefit of the Department of
2272Environmental Protection and the water management districts. Any
2273interest earnings from the escrow account shall remain with the
2274Department of Transportation.
2275     (b)  Each transportation authority established pursuant to
2276chapter 348 or chapter 349 that chooses to participate in this
2277program shall create an escrow account within its financial
2278structure and deposit funds in the account to pay for the
2279environmental mitigation phase of projects budgeted for the
2280current fiscal year. The escrow account shall be maintained by
2281the authority for the benefit of the Department of Environmental
2282Protection and the water management districts. Any interest
2283earnings from the escrow account shall remain with the
2284authority.
2285     (c)  Except for current mitigation projects in the
2286monitoring and maintenance phase and except as allowed by
2287paragraph (d), the Department of Environmental Protection or
2288water management districts may request a transfer of funds from
2289an escrow account no sooner than 30 days prior to the date the
2290funds are needed to pay for activities associated with
2291development or implementation of the approved mitigation plan
2292described in subsection (4) for the current fiscal year,
2293including, but not limited to, design, engineering, production,
2294and staff support. Actual conceptual plan preparation costs
2295incurred before plan approval may be submitted to the Department
2296of Transportation or the appropriate transportation authority
2297and the Department of Environmental Protection by November 1 of
2298each year with the plan. The conceptual plan preparation costs
2299of each water management district will be paid from mitigation
2300funds associated with the environmental impact inventory for the
2301current year based on the amount approved on the mitigation plan
2302and allocated to the current fiscal year projects identified by
2303the water management district. The amount transferred to the
2304escrow accounts each year by the Department of Transportation
2305and participating transportation authorities established
2306pursuant to chapter 348 or chapter 349 shall correspond to a
2307cost per acre of $75,000 multiplied by the projected acres of
2308impact identified in the environmental impact inventory
2309described in subsection (2). However, the $75,000 cost per acre
2310does not constitute an admission against interest by the state
2311or its subdivisions nor is the cost admissible as evidence of
2312full compensation for any property acquired by eminent domain or
2313through inverse condemnation. Each July 1, the cost per acre
2314shall be adjusted by the percentage change in the average of the
2315Consumer Price Index issued by the United States Department of
2316Labor for the most recent 12-month period ending September 30,
2317compared to the base year average, which is the average for the
231812-month period ending September 30, 1996. Each quarter At the
2319end of each year, the projected acreage of impact shall be
2320reconciled with the acreage of impact of projects as permitted,
2321including permit modifications, pursuant to this part and s. 404
2322of the Clean Water Act, 33 U.S.C. s. 1344. The subject year's
2323transfer of funds shall be adjusted accordingly to reflect the
2324acreage of impacts as permitted overtransfer or undertransfer of
2325funds from the preceding year. The Department of Transportation
2326and participating transportation authorities established
2327pursuant to chapter 348 or chapter 349 are authorized to
2328transfer such funds from the escrow accounts to the Department
2329of Environmental Protection and the water management districts
2330to carry out the mitigation programs. For a mitigation project
2331that is in the maintenance and monitoring phase, the water
2332management district may request and receive a one-time payment
2333based on the project's expected future maintenance and
2334monitoring costs. Upon disbursement of the final maintenance and
2335monitoring payment, the escrow account for the project
2336established by the Department of Transportation or the
2337participating transportation authority may be closed. Any
2338interest earned on these disbursed funds shall remain with the
2339water management district and must be used as authorized under
2340paragraph (4)(c).
2341     (d)  Beginning in the 2005-2006 fiscal year, each water
2342management district shall be paid a lump-sum amount of $75,000
2343per acre, adjusted as provided under paragraph (c), for
2344federally funded transportation projects that are included on
2345the environmental impact inventory and that have an approved
2346mitigation plan. Beginning in the 2009-2010 fiscal year, each
2347water management district shall be paid a lump-sum amount of
2348$75,000 per acre, adjusted as provided under paragraph (c), for
2349federally funded and nonfederally funded transportation projects
2350that have an approved mitigation plan. All mitigation costs,
2351including, but not limited to, the costs of preparing conceptual
2352plans and the costs of design, construction, staff support,
2353future maintenance, and monitoring the mitigated acres, shall be
2354funded through these lump-sum amounts.
2355     (4)  Prior to March December 1 of each year, each water
2356management district, in consultation with the Department of
2357Environmental Protection, the United States Army Corps of
2358Engineers, the Department of Transportation, transportation
2359authorities established pursuant to chapter 348 or chapter 349,
2360and other appropriate federal, state, and local governments, and
2361other interested parties, including entities operating
2362mitigation banks, shall develop a plan for the primary purpose
2363of complying with the mitigation requirements adopted pursuant
2364to this part and 33 U.S.C. s. 1344. This plan shall also address
2365significant invasive plant problems within wetlands and other
2366surface waters. In developing such plans, the districts shall
2367utilize sound ecosystem management practices to address
2368significant water resource needs and shall focus on activities
2369of the Department of Environmental Protection and the water
2370management districts, such as surface water improvement and
2371management (SWIM) projects waterbodies and lands identified for
2372potential acquisition for preservation, restoration or, and
2373enhancement, and the control of invasive and exotic plants in
2374wetlands and other surface waters, to the extent that such
2375activities comply with the mitigation requirements adopted under
2376this part and 33 U.S.C. s. 1344. In determining the activities
2377to be included in such plans, the districts shall also consider
2378the purchase of credits from public or private mitigation banks
2379permitted under s. 373.4136 and associated federal authorization
2380and shall include such purchase as a part of the mitigation plan
2381when such purchase would offset the impact of the transportation
2382project, provide equal benefits to the water resources than
2383other mitigation options being considered, and provide the most
2384cost-effective mitigation option. The mitigation plan shall be
2385submitted to preliminarily approved by the water management
2386district governing board or its designee and shall be submitted
2387to the secretary of the Department of Environmental Protection
2388for review and final approval. The preliminary approval by the
2389water management district governing board does not constitute a
2390decision that affects substantial interests as provided by s.
2391120.569. At least 14 30 days prior to preliminary approval, the
2392water management district shall provide a copy of the draft
2393mitigation plan to any person who has requested a copy.
2394     (a)  For each transportation project with a funding request
2395for the next fiscal year, the mitigation plan must include a
2396brief explanation of why a mitigation bank was or was not chosen
2397as a mitigation option, including an estimation of identifiable
2398costs of the mitigation bank and nonbank options to the extent
2399practicable.
2400     (b)  Specific projects may be excluded from the mitigation
2401plan, in whole or in part, and shall not be subject to this
2402section upon the agreement of the Department of Transportation,
2403or a transportation authority if applicable, the Department of
2404Environmental Protection, and the appropriate water management
2405district that the inclusion of such projects would hamper the
2406efficiency or timeliness of the mitigation planning and
2407permitting process., or the Department of Environmental
2408Protection and The water management district may choose to
2409exclude a project, in whole or in part, if the district is are
2410unable to identify mitigation that would offset the impacts of
2411the project.
2412     (c)  Surface water improvement and management or invasive
2413plant control projects undertaken using the $12 million advance
2414transferred from the Department of Transportation to the
2415Department of Environmental Protection in fiscal year 1996-1997
2416which meet the requirements for mitigation under this part and
241733 U.S.C. s. 1344 shall remain available for mitigation until
2418the $12 million is fully credited up to and including fiscal
2419year 2005-2006. When these projects are used as mitigation, the
2420$12 million advance shall be reduced by $75,000 per acre of
2421impact mitigated. For any fiscal year through and including
2422fiscal year 2005-2006, To the extent the cost of developing and
2423implementing the mitigation plans is less than the funds placed
2424in the escrow account amount transferred pursuant to subsection
2425(3), the difference shall be retained by the Department of
2426Transportation and credited towards the $12 million advance
2427until the Department of Transportation is fully refunded for
2428this advance funding. After the $12 million advance funding is
2429fully credited Except as provided in this paragraph, any funds
2430not directed to implement the mitigation plan should, to the
2431greatest extent possible, be directed to fund invasive plant
2432control within wetlands and other surface waters, SWIM projects,
2433or other water-resource projects approved by the governing board
2434of the water management district which may be appropriate to
2435offset environmental impacts of future transportation projects.
2436The water management districts may request these funds upon
2437submittal of the final invoice for each road project.
2438     (5)  The water management district shall be responsible for
2439ensuring that mitigation requirements pursuant to 33 U.S.C. s.
24401344 are met for the impacts identified in the environmental
2441impact inventory described in subsection (2), by implementation
2442of the approved plan described in subsection (4) to the extent
2443funding is provided by the Department of Transportation, or a
2444transportation authority established pursuant to chapter 348 or
2445chapter 349, if applicable. During the federal permitting
2446process, the water management district may deviate from the
2447approved mitigation plan in order to comply with federal
2448permitting requirements.
2449     (6)  The mitigation plans shall be updated annually to
2450reflect the most current Department of Transportation work
2451program and project list of a transportation authority
2452established pursuant to chapter 348 or chapter 349, if
2453applicable, and may be amended throughout the year to anticipate
2454schedule changes or additional projects which may arise. Each
2455update and amendment of the mitigation plan shall be submitted
2456to the governing board of the water management district or its
2457designee secretary of the Department of Environmental Protection
2458for approval. However, such approval shall not be applicable to
2459a deviation as described in subsection (5).
2460     (7)  Upon approval by the governing board of the water
2461management district or its designee secretary of the Department
2462of Environmental Protection, the mitigation plan shall be deemed
2463to satisfy the mitigation requirements under this part for
2464impacts specifically identified in the environmental impact
2465inventory described in subsection (2) and any other mitigation
2466requirements imposed by local, regional, and state agencies for
2467these same impacts identified in the inventory described in
2468subsection (2). The approval of the governing board of the water
2469management district or its designee secretary shall authorize
2470the activities proposed in the mitigation plan, and no other
2471state, regional, or local permit or approval shall be necessary.
2472     (8)  This section shall not be construed to eliminate the
2473need for the Department of Transportation or a transportation
2474authority established pursuant to chapter 348 or chapter 349 to
2475comply with the requirement to implement practicable design
2476modifications, including realignment of transportation projects,
2477to reduce or eliminate the impacts of its transportation
2478projects on wetlands and other surface waters as required by
2479rules adopted pursuant to this part, or to diminish the
2480authority under this part to regulate other impacts, including
2481water quantity or water quality impacts, or impacts regulated
2482under this part that are not identified in the environmental
2483impact inventory described in subsection (2).
2484     (9)  The process for environmental mitigation for the
2485impact of transportation projects under this section shall be
2486available to an expressway, bridge, or transportation authority
2487established under chapter 348 or chapter 349. Use of this
2488process may be initiated by an authority depositing the
2489requisite funds into an escrow account set up by the authority
2490and filing an environmental impact inventory with the
2491appropriate water management district. An authority that
2492initiates the environmental mitigation process established by
2493this section shall comply with subsection (6) by timely
2494providing the appropriate water management district and the
2495Department of Environmental Protection with the requisite work
2496program information. A water management district may draw down
2497funds from the escrow account as provided in this section.
2498     Section 18.  Bicycle system study.--Prior to October 1,
24992005, the Department of Transportation shall perform a bicycle
2500system study of bicycle facilities that are on or connected to
2501the State Highway System. The results of the bicycle system
2502study shall be presented to the Governor, the President of the
2503Senate, and the Speaker of the House of Representatives by
2504October 1, 2005. The bicycle system study shall include paved
2505bicycle lanes, bicycle trails, bicycle paths, and any route or
2506facility designated specifically for bicycle traffic. The study
2507shall be performed by a consultant selected and funded by the
2508department and shall be managed by the department's state
2509Pedestrian and Bicycle Coordinator. The study shall include:
2510     (1)  Review of department standards for bicycle lanes to
2511determine if they meet the needs of the state's bicyclists.
2512     (2)  Identification of state highways with existing
2513designated bicycle lanes.
2514     (3)  Identification of state highways with no designated
2515bicycle lanes and any constraints to incorporating these
2516facilities.
2517     (4)  Providing electronic mapping of those facilities
2518identified in subsections (2) and (3).
2519     (5)  Identification of all bicycle facility needs on the
2520State Highway System.
2521     (6)  Review and identification of possible funding sources
2522for new or improved facilities.
2523     (7)  A proposed implementation plan that will identify the
2524incorporation of bicycle facilities on those state highways
2525programmed for rehabilitation or new construction in the
2526department's 5-year work program. The proposed plan will include
2527the costs associated within the work program to add these
2528facilities.
2529     Section 19.  This act shall take effect July 1, 2005.


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