1 | A bill to be entitled |
2 | An act relating to the Florida Keys Aqueduct Authority, |
3 | Monroe County; providing for codification of special laws |
4 | relating to the Florida Keys Aqueduct Authority; providing |
5 | legislative intent; codifying, repealing, amending, and |
6 | reenacting chapters 76-441, 77-604, 77-605, 80-546, 83- |
7 | 468, 84-483, 84-484, 86-419, 87-454, 98-519, 2003-304, and |
8 | 2003-327, Laws of Florida; providing for liberal |
9 | construction; providing a savings clause in the event any |
10 | provision of the act is deemed invalid; providing an |
11 | effective date. |
12 |
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13 | Be It Enacted by the Legislature of the State of Florida: |
14 |
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15 | Section 1. Pursuant to section 189.429, Florida Statutes, |
16 | this act constitutes the codification of all special acts |
17 | relating to the Florida Keys Aqueduct Authority. It is the |
18 | intent of the Legislature in enacting this law to provide a |
19 | single, comprehensive special act charter for the authority, |
20 | including all current legislative authority granted to the |
21 | authority by its several legislative enactments and any |
22 | additional authority granted by this act. It is further the |
23 | intent to preserve all authority powers and authority in the |
24 | Florida Keys, including the authority to provide water and |
25 | wastewater services. |
26 | Section 2. Chapters 76-441, 77-604, 77-605, 80-546, 83- |
27 | 468, 84-483, 84-484, 86-419, 98-519, 2003-304, and 2003-327, |
28 | Laws of Florida, relating to the Florida Keys Aqueduct |
29 | Authority, are codified, reenacted, amended, and repealed as |
30 | herein provided. |
31 | Section 3. The Florida Keys Aqueduct Authority is re- |
32 | created and the charter for the authority is re-created and |
33 | reenacted to read: |
34 | Section 1. Creation of authority; boundaries defined.--As |
35 | of September 15, 1976, the Florida Keys Aqueduct Authority, an |
36 | independent special district, was re-created and thereafter was |
37 | the successor agency to the Florida Keys Aqueduct Authority |
38 | which was abolished by chapter 76-441, Laws of Florida. The |
39 | Florida Keys Aqueduct Authority is not being re-created by this |
40 | act or for purposes of section 189.404, Florida Statutes. The |
41 | primary purpose and function of this authority shall be to |
42 | obtain, supply, and distribute an adequate water supply for the |
43 | Florida Keys and to collect, treat, and dispose of wastewater in |
44 | the Florida Keys. The geographic jurisdiction of the authority |
45 | shall be as provided in this act. The Florida Keys Aqueduct |
46 | Authority shall be an autonomous public body corporate and |
47 | politic and have perpetual existence. All lawful debts, bonds, |
48 | obligations, contracts, franchises, promissory notes, audits, |
49 | minutes, resolutions, and other undertakings of the Florida Keys |
50 | Aqueduct Authority are hereby validated and shall continue to be |
51 | valid and binding on the Florida Keys Aqueduct Authority in |
52 | accordance with their respective terms, conditions, covenants, |
53 | and tenor. Any proceedings heretofore begun by the Florida Keys |
54 | Aqueduct Authority for the construction of any improvements, |
55 | works, or facilities, for the assessment of benefits and |
56 | damages, or for the borrowing of money shall not be impaired or |
57 | voided by this act but may be continued and completed in the |
58 | name of the Florida Keys Aqueduct Authority. The authority shall |
59 | include within its territorial boundaries all of the lands |
60 | within Monroe County, but may procure water outside its |
61 | boundaries for sale within said boundaries, and may serve |
62 | customers residing within 1 mile of its pipeline, from its well |
63 | field at Florida City in Miami-Dade County to the territorial |
64 | boundary of the authority. |
65 | Section 2. Applicability of certain provisions of Florida |
66 | law to the Florida Keys Aqueduct Authority.--This act shall give |
67 | the authority exclusive jurisdiction over the setting of rates, |
68 | fees, and charges of, and the connection to and disconnection |
69 | from, the water system and the sewer system of the authority as |
70 | granted by this act and to this extent shall supersede chapter |
71 | 367, Florida Statutes. Decisions made by the Florida Keys |
72 | Aqueduct Authority shall not be subject to the Administrative |
73 | Procedures Act, chapter 120, Florida Statutes. |
74 | Section 3. Definitions.--Unless the context shall indicate |
75 | otherwise, the following words as used in this act shall have |
76 | the following meanings: |
77 | (1) "Authority" means the Florida Keys Aqueduct Authority |
78 | hereby constituted or, if such authority shall be abolished, any |
79 | board, commission, or officer succeeding to the principal |
80 | functions thereof or upon whom the powers given by this act to |
81 | such authority shall be given by law. |
82 | (2) "Board" means the board of directors of the Florida |
83 | Keys Aqueduct Authority or, if such authority shall be abolished, |
84 | the board, body, or commission succeeding to the principal |
85 | functions thereof or to whom the powers given by this act to the |
86 | board of directors shall be given by law. |
87 | (3) "Department" means the Department of the Navy of the |
88 | United States of America. |
89 | (4) "Bond" includes certificates, and provisions applicable |
90 | to bonds shall be equally applicable to certificates. "Bond" |
91 | includes any obligation in the nature of bonds as are provided |
92 | for in this act as the case may be. |
93 | (5) "Cost" when used with reference to any project |
94 | includes, but is not limited to, the expenses of determining the |
95 | feasibility or practicability of acquisition, construction, or |
96 | reconstruction; the cost of surveys, estimates, plans, and |
97 | specifications; the cost of acquisition, construction, or |
98 | reconstruction; the cost of improvements, engineering, fiscal, |
99 | and legal expenses and charges; the cost of all labor, materials, |
100 | machinery, and equipment; the cost of all lands, properties, |
101 | rights, easements, and franchises acquired; federal, state, and |
102 | local taxes and assessments; financing charges; the creation of |
103 | initial reserve and debt service funds; working capital; interest |
104 | charges incurred or estimated to be incurred on moneys borrowed |
105 | prior to and during construction and acquisition and for such |
106 | period of time after completion of construction or acquisition as |
107 | the board of directors may determine; the cost of issuance of |
108 | bonds pursuant to this act, including advertisements and |
109 | printing; the cost of any election held pursuant to this act and |
110 | all other expenses of issuance of bonds; discount, if any, on the |
111 | sale or exchange of bonds; administrative expenses; such other |
112 | expenses as may be necessary or incidental to the acquisition, |
113 | construction, or reconstruction of any projects or to the |
114 | financing thereof, or the development of any lands of the |
115 | authority; and reimbursement of any public or private body, |
116 | person, firm, or corporation of any moneys advanced in connection |
117 | with any of the foregoing items of cost. Any obligation or |
118 | expense incurred prior to the issuance of bonds in connection |
119 | with the acquisition, construction, or reconstruction of any |
120 | project or improvements thereon, or in connection with any other |
121 | development of land that the board of directors of the authority |
122 | shall determine to be necessary or desirable in carrying out the |
123 | purposes of this act, may be treated as part of such cost. |
124 | (6) "Project" means any development, improvements, |
125 | property, utility, facility, works, enterprise, service, or |
126 | convenience that the authority is authorized to construct, |
127 | acquire, undertake, or furnish for its own use or for the use of |
128 | any person, firm, or corporation owning, leasing, or otherwise |
129 | using the same for any profit or nonprofit purpose or activity |
130 | and shall include without limitation such repairs, replacements, |
131 | additions, extensions, and betterments of and to any project as |
132 | may be deemed necessary or desirable by the board of directors to |
133 | place or to maintain such project in proper condition for the |
134 | safe, efficient, and economic operation thereof. |
135 | (7) "Water system" means any existing or proposed plant, |
136 | system, facility, or property and additions, extensions, and |
137 | improvements thereto at any future time constructed or acquired |
138 | as part thereof, useful or necessary or having the present |
139 | capacity for future use in connection with the development of |
140 | sources, treatment, desalination, or purification and |
141 | distribution of water for public or private use and, without |
142 | limiting the generality of the foregoing, includes dams, |
143 | reservoirs, storage tanks, mains, lines, valves, pumping |
144 | stations, laterals, and pipes for the purpose of carrying water |
145 | to the premises connected with such system, and all real and |
146 | personal property and any interests therein, rights, easements, |
147 | and franchises of any nature whatsoever relating to any such |
148 | system and necessary or convenient for the operation thereof. It |
149 | shall embrace wells for supplying water located or to be located |
150 | on the Florida mainland, including a pipeline or aqueduct from |
151 | such wells to a point at or near the City of Key West, and shall |
152 | include the water distribution system acquired by the authority |
153 | from the City of Key West, and any interest the authority may |
154 | have in and to the water supply system or any part thereof by |
155 | contract with the department. |
156 | (8) "Sewer system" means any plant, system, facility, or |
157 | property and additions, extensions, and improvements thereto at |
158 | any future time constructed or acquired as part thereof, useful |
159 | or necessary or having the present capacity for future use in |
160 | connection with the collection, treatment, purification, or |
161 | disposal of sewage, including, without limitation, industrial |
162 | wastes resulting from any processes of industry, manufacture, |
163 | trade, or business or from the development of any natural |
164 | resources, and, without limiting the generality of the foregoing, |
165 | shall include treatment plants, pumping stations, lift stations, |
166 | valve, force mains, intercepting sewers, laterals, pressure |
167 | lines, mains, and all necessary appurtenances and equipment, all |
168 | sewer mains, laterals, and other devices for the reception and |
169 | collection of sewage from premises connected therewith, and all |
170 | real and personal property and any interest therein, rights, |
171 | easements, and franchises of any nature whatsoever relating to |
172 | any such system and necessary or convenient for the operation |
173 | thereof. The terms "wastewater" and "wastewater system" shall be |
174 | construed as synonymous with the terms "sewer" and "sewer system" |
175 | for all purposes under this act. |
176 | Section 4. Board of directors; organization; |
177 | qualification; term of office; quorum.--The Board of Directors |
178 | of the Florida Keys Aqueduct Authority shall be the governing |
179 | body of the authority and shall, subject to the provisions of |
180 | this act, exercise the powers granted to the authority under |
181 | this act. The board of directors shall consist of five members |
182 | appointed by the Governor who shall each represent one of five |
183 | districts which shall be conterminous with the districts of the |
184 | Board of County Commissioners of Monroe County. Each member of |
185 | the board of directors shall be a registered elector within |
186 | Monroe County and shall have been a resident of the district for |
187 | 6 months prior to the date of his or her appointment. The |
188 | members shall be appointed by the Governor for terms of 4 years |
189 | each, except that any appointment to fill a vacancy shall be for |
190 | the unexpired portion of the term. The board shall elect any one |
191 | of its members as chair and shall also elect any one of its |
192 | members as secretary-treasurer. A majority of the members of the |
193 | board shall constitute a quorum. No vacancy in the board shall |
194 | impair the right of a quorum to exercise all the rights and |
195 | perform all of the duties of the board. All members of the board |
196 | shall be required to be bonded. Any vacancy occurring on the |
197 | board shall be filled by appointment by the Governor for the |
198 | duration of the unexpired term. |
199 | Section 5. Records of board of directors.--The board of |
200 | directors shall keep a permanent record book entitled "Record of |
201 | Governing Board of Florida Keys Aqueduct Authority" in which |
202 | shall be recorded minutes of all meetings, resolutions, |
203 | proceedings, certificates, and bonds given by employees and any |
204 | and all acts, which book shall at reasonable times be open to |
205 | public inspection. Such record book shall be kept at an office or |
206 | other regular place of business maintained by the board of |
207 | directors in Monroe County. The board shall keep a current |
208 | inventory of all real and tangible personal property owned or |
209 | leased by the authority in the above referenced record book. |
210 | Section 6. Compensation of the board.--Each member shall |
211 | be entitled to receive for such services a fee of $337 per |
212 | meeting, not to exceed 3 meetings per month. In addition, each |
213 | board member shall receive reasonable expenses which shall not |
214 | be in excess of the amounts provided by law for state and county |
215 | officials in chapter 112, Florida Statutes. The compensation |
216 | amount for the members of the board provided for in this section |
217 | shall be adjusted annually based upon the index provided for |
218 | pursuant to section 287.017(2), Florida Statutes. |
219 | Section 7. Bonds; depositories; fiscal agent; budget.-- |
220 | (1) Each member of the board of directors shall execute a |
221 | bond to the Governor in the amount of $10,000 with a qualified |
222 | surety to secure his or her faithful performance of his or her |
223 | powers and duties. The board of directors shall require a |
224 | certified audit of the books of the authority at least once a |
225 | year at the expense of the authority. Such audit shall be |
226 | available for public inspection and a notice of the availability |
227 | of the audit shall be published in a newspaper published in |
228 | Monroe County at least once within 6 months after the end of each |
229 | fiscal year. The legislative auditor may audit the authority at |
230 | any time. |
231 | (2) The board of directors is authorized to select |
232 | depositories in which the funds of the board and of the authority |
233 | shall be deposited. Any banking corporation organized under the |
234 | laws of the state or under the National Banking Act doing |
235 | business in the state upon such terms and conditions as to the |
236 | payment of interest by such depository upon the funds so |
237 | deposited as the board may deem just and reasonable. |
238 | (3) The board of directors may employ a fiscal agent who |
239 | shall be either a resident of the state or a corporation |
240 | organized under the laws of this or any other state and who shall |
241 | assist in the keeping of the books, the collection of fees, and |
242 | the remitting of funds to pay maturing bonds and coupons and |
243 | perform such other or additional services and duties as fiscal |
244 | agent and receive such compensation as the board of directors may |
245 | determine. |
246 | (4) The board of directors shall cause a copy of the |
247 | proposed budget of the authority to be published in a newspaper |
248 | published in Monroe County at least once not later than 60 days |
249 | prior to the date the fiscal year begins. The board shall hold a |
250 | public hearing and adopt such budget at least 30 days prior to |
251 | such date. |
252 | Section 8. Powers and duties of the board of |
253 | directors.--Except as otherwise provided in this act, all of the |
254 | powers and duties of the authority shall be exercised by and |
255 | through the board of directors. Without limiting the generality |
256 | of the foregoing, the board shall have the power and authority |
257 | to: |
258 | (1) Employ engineers, contractors, consultants, attorneys, |
259 | auditors, agents, employees, and representatives, as the board of |
260 | directors may from time to time determine, on such terms and |
261 | conditions as the board of directors may approve, and fix their |
262 | compensation and duties. |
263 | (2) Maintain an office at such place or places as it may |
264 | designate. |
265 | (3) Enter or direct entry upon any lands, premises, waters, |
266 | or other property subject to the requirements of due process as |
267 | to privately owned property. |
268 | (4) Execute all contracts and other documents, adopt all |
269 | proceedings, and perform all acts determined by the board of |
270 | directors as necessary or advisable to carry out the purposes of |
271 | this act. The board may authorize the chair or vice chair to |
272 | execute contracts and other documents on behalf of the board or |
273 | the authority. The board may appoint a person to act as general |
274 | manager of the authority having such official title, functions, |
275 | duties, and powers as the board may prescribe. The general |
276 | manager shall not be a member of the board. |
277 | Section 9. Powers of the authority.--In addition to and |
278 | not in limitation of the powers of the authority, it shall have |
279 | the following powers: |
280 | (1) To sue and be sued by its name in any court of law or |
281 | in equity. |
282 | (2) To adopt and use a corporate seal and to alter the same |
283 | at pleasure. |
284 | (3) To acquire property, real, personal, or mixed within or |
285 | without its territorial limits in fee simple or any lesser |
286 | interest or estate by purchase, gift, devise, or lease on such |
287 | terms and conditions as the board of directors may deem necessary |
288 | or desirable and by condemnation (subject to limitations herein |
289 | below). The authority shall provide information and assistance to |
290 | Monroe County for use in preparing its comprehensive plan with |
291 | respect to the availability of water and wastewater facilities. |
292 | Except in cases of emergency, the purchase of sole source items, |
293 | or when the board determines that delay would be detrimental to |
294 | the interests of the authority, equipment shall be purchased in |
295 | accordance with part I of chapter 287, Florida Statutes. All |
296 | provided that the board of directors determines that the use or |
297 | ownership of such property be necessary in the furtherance of a |
298 | designated lawful purpose authorized under the provisions of this |
299 | act. However, the authority may purchase equipment or material |
300 | without competitive bid, regardless of price, when the |
301 | manufacturer of such equipment or material refuses to bid on the |
302 | equipment or material and the board determines that the public |
303 | interest would be served and substantial savings would result if |
304 | the equipment or material were purchased directly from the |
305 | manufacturer. In all such cases the board shall enter a record of |
306 | such purchase in the "Record of Governing Board of Florida Keys |
307 | Aqueduct Authority." The authority is specifically excluded from |
308 | the provisions of section 253.03(6), Florida Statutes, and has |
309 | the authority to hold title to property in its own name and to |
310 | acquire easements or rights-of-way, with or without restrictions, |
311 | within or without the limits of the authority. The state may |
312 | convey to the authority rights-of-way over any of the lands and |
313 | structures belonging to the state or any of its agencies for the |
314 | purpose of constructing, maintaining, supplying, establishing, |
315 | and regulating the works and projects involved in the wastewater |
316 | system or the water supply and distribution systems authorized by |
317 | this act. To mortgage, hold, manage, control, convey, lease, |
318 | sell, grant, or otherwise dispose of the same and any of the |
319 | assets and properties of the authority without regard to chapter |
320 | 273, Florida Statutes. |
321 | (4) Whenever deemed necessary or desirable by the board of |
322 | directors, to lease as lessor or lessee, to or from any person, |
323 | firm, corporation, association, or body, public or private, any |
324 | projects of the type that the authority is authorized to |
325 | undertake and facilities or property of any nature for the use of |
326 | the authority to carry out any of the purposes of the authority. |
327 | (5) The authority shall in its discretion have the power |
328 | upon resolution duly passed to insure its property in accordance |
329 | with the State Risk Management Trust Fund as provided by chapter |
330 | 284, Florida Statutes. |
331 | (6) To exercise within or without the territorial limits of |
332 | the authority the right and power of eminent domain in all cases |
333 | and under all circumstances provided for in chapter 73, Florida |
334 | Statutes, and amendments thereto. In addition to and not in |
335 | limitation of the foregoing, the authority may also exercise the |
336 | right and power of eminent domain for the purpose of condemning |
337 | any real, personal, or mixed property, public or private, |
338 | including, without limitation, the property owned by any |
339 | political body or municipal corporation which the board of |
340 | directors shall deem necessary for the use of, construction, or |
341 | operation of any of the projects of the authority or otherwise to |
342 | carry out any of the purposes of the authority. The power of |
343 | condemnation shall be exercised in the same manner as now |
344 | provided by the general laws of the state. In any proceeding |
345 | under this act or under chapter 73, Florida Statutes, for the |
346 | taking of property by eminent domain or condemnation, the board |
347 | of directors is authorized to file declaration of taking |
348 | immediate possession of the property before the final trial by |
349 | making deposit as to value as provided by the general statutes, |
350 | and shall have all of the benefits provided by chapters 73 and |
351 | 74, Florida Statutes, and amendments thereto, or any other |
352 | statutes of the state which give the right to immediate taking |
353 | and possession. No public or private body and no agency or |
354 | authority of the state or any political subdivision thereof shall |
355 | exercise the power of eminent domain or condemnation with respect |
356 | to any of the properties, easements, or rights owned by the |
357 | authority and lying within the authority's jurisdiction, except |
358 | with the concurrence of the board of directors of the authority |
359 | which shall not be unreasonably withheld. |
360 | (7) To own, acquire, construct, reconstruct, equip, |
361 | operate, maintain, extend, and improve water systems; to regulate |
362 | the use of and supply of water including rationing, and |
363 | regulations to enforce rationing, within the authority |
364 | boundaries, and pipes and water mains, conduits or pipelines, in, |
365 | along, or under any street, alley, highway, or other public |
366 | places or ways within or without the boundaries of the authority |
367 | when deemed necessary or desirable by the board of directors in |
368 | accomplishing the purposes of this act. |
369 | (8) To issue bonds or other obligations authorized by the |
370 | provisions of this act or any other law or any combination of the |
371 | foregoing to pay all or part of the cost of the acquisition or |
372 | construction, reconstruction, extension, repair, improvement, |
373 | maintenance, or operation or any project or combination of |
374 | projects. To provide for any facility, service, or other activity |
375 | of the authority and to provide for the retirement or refunding |
376 | of any bonds or obligations of the authority or for any |
377 | combination of the foregoing purposes. |
378 | (9)(a) To purchase, construct, and otherwise acquire and to |
379 | improve, extend, enlarge, and reconstruct a sewage disposal |
380 | system or systems and to purchase and/or construct or reconstruct |
381 | sewer improvements and to operate, manage, and control all such |
382 | systems so purchased and/or constructed and all properties |
383 | pertaining thereto and to furnish and supply sewage collection |
384 | and disposal services to any municipalities and any persons, |
385 | firms, or corporations, public or private; to prohibit or |
386 | regulate the use and maintenance of outhouses, privies, septic |
387 | tanks, or other sanitary structures or appliances within the |
388 | authority boundaries, provided that prior to prohibiting the use |
389 | of any such facilities adequate new facilities must be available; |
390 | to prescribe methods of pretreatment of waste not amenable to |
391 | treatment; to refuse to accept such waste when not sufficiently |
392 | pretreated as may be prescribed and to prescribe penalties for |
393 | the refusal of any person or corporation to so pretreat such |
394 | waste; to sell or otherwise dispose of the effluent, sludge, or |
395 | other by-products as a result of sewage treatment and to |
396 | construct and operate connecting or intercepting outlets, sewers |
397 | and sewer mains and pipes and water mains, conduits, or pipelines |
398 | in, along, or under any street, alley, or highway, within or |
399 | without the authority boundaries when deemed necessary or |
400 | desirable by the board of directors in accomplishing the purposes |
401 | of this act, with the consent of the agency owning or controlling |
402 | same. All such regulation herein authorized shall comply with the |
403 | standards and regulations pertaining to same as promulgated by |
404 | the Department of Health and by the Department of Environmental |
405 | Protection. |
406 | (b) The authority shall have the power to create sewer |
407 | districts comprising any area within the geographic boundaries of |
408 | the authority. However, the boundaries of any such sewer district |
409 | shall not be established until approved by majority vote of the |
410 | Board of County Commissioners of Monroe County, after a public |
411 | hearing duly noticed and advertised. Any portion or portions of |
412 | the sewer system within a district and of benefit to the premises |
413 | or land served thereby shall be deemed improvements and shall |
414 | include, without being limited to, laterals and mains for the |
415 | collection and reception of sewage from premises connected |
416 | therewith, local or auxiliary pumping or lift stations, treatment |
417 | plants or disposal plants, and other pertinent facilities and |
418 | equipment for the collection, treatment, and disposal of sewage. |
419 | The board may impose fees and charges sufficient to obtain bond |
420 | or other financing for sewer projects. Such charges shall be a |
421 | lien upon any such parcel of property superior and paramount to |
422 | any interest except the lien of county or municipal taxes and |
423 | shall be on a parity with any such taxes. All operational and |
424 | financial records of each district shall be separately maintained |
425 | and open to public inspection. |
426 | (c) To exercise exclusive jurisdiction, control, and |
427 | supervision over any sewer systems owned or operated and |
428 | maintained by the authority and to make and enforce such rules |
429 | and regulations for the maintenance and operation of any sewer |
430 | systems as may be in the judgment of the authority necessary or |
431 | desirable. However, such jurisdiction shall not conflict with |
432 | chapter 403, Florida Statutes, and rules of the Department of |
433 | Environmental Protection. |
434 | (d) To restrain, enjoin, or otherwise prevent the violation |
435 | of this law or of any resolution, rules, or regulations adopted |
436 | pursuant to the powers granted by this law. |
437 | (e) To require and enforce the use of its facilities |
438 | whenever and wherever they are accessible. |
439 | (f) To approve or disapprove all subdivision plats and to |
440 | provide for compliance with sewer standards, rules, and |
441 | regulations. No subdivision plat or property located within the |
442 | geographic boundaries of the authority shall be recorded until |
443 | approval of the board is obtained. The board shall have the power |
444 | to require a surety bond from any developer to ensure compliance |
445 | with sewer requirements of the board. |
446 | (g) In addition to the other provisions and requirements of |
447 | this law, any resolution authorizing the issuance of revenue |
448 | bonds, assessment bonds, or any other obligations issued |
449 | hereunder may contain provisions and the board is authorized to |
450 | provide and make covenants and agree with several holders of such |
451 | bonds as to: |
452 | 1. Reasonable deposits with the authority in advance to |
453 | ensure the payments of rates, fees, or charges for the facilities |
454 | of the system. |
455 | 2. Discontinuance of the services and facilities of any |
456 | water system for delinquent payments for sewer services and the |
457 | terms and conditions of the restoration of such service. |
458 | 3. Contracts with private or public owners of sewer systems |
459 | not owned and operated by the authority for the discontinuance of |
460 | service to any users of the sewer systems. |
461 | 4. Regulate the construction, acquisition, or operation of |
462 | any plant, structure, facility, or property which may compete |
463 | with any sewer system. |
464 | 5. The manner and method of paying service charges and fees |
465 | and the levying of penalties for delinquent payments. |
466 | 6. Any other matters necessary to secure such bonds and the |
467 | payment of such principal and interest thereof. |
468 | (h) In the event that fees, rates, and charges for services |
469 | and facilities of any sewer system shall not be paid as and when |
470 | due, the authority shall be empowered to discontinue furnishing |
471 | water services as provided in section 16 of this act. |
472 | (i) Any sewer systems within the geographic boundaries of |
473 | the authority may be combined into a single consolidated system |
474 | for purposes of financing or of operation and administration or |
475 | both. However, no water system may be combined with any sewer |
476 | system for purposes of financing. |
477 | (j) The authority is hereby authorized to adopt by |
478 | reference and utilize or take advantage of any of the provisions |
479 | of chapters 100, 153, 159, and 170, Florida Statutes. |
480 | (k) The authority shall have power to contract with any |
481 | person, private or public corporation, the State of Florida, or |
482 | any agency, instrumentality or county, municipality, or political |
483 | subdivision thereof, or any agency, instrumentality or |
484 | corporation of or created by the United States of America, with |
485 | respect to such wastewater system or any part thereof. The |
486 | authority shall also have power to accept and receive grants or |
487 | loans from the same, and in connection with any such contract, |
488 | grant or loan, to stipulate and agree to such covenants, terms, |
489 | and conditions as the governing body of the authority shall deem |
490 | appropriate. |
491 | (l) To make or cause to be made such surveys, |
492 | investigations, studies, borings, maps, drawings, and estimates |
493 | of cost and revenues as it may deem necessary, and to prepare and |
494 | adopt a comprehensive plan or plans for the location, relocation, |
495 | construction, improvement, revision and development of the |
496 | wastewater system. |
497 | (m) That subject to covenants or agreement with bondholders |
498 | contained in proceedings authorizing the issuance of bonds |
499 | pursuant to this act, the authority shall have the power to lease |
500 | said wastewater system or any part or parts thereof, to any |
501 | person, firm, corporation, association, or body, upon such terms |
502 | and conditions and for such periods of time as shall be |
503 | determined by the governing body. The authority shall also, |
504 | whenever desirable, have power to grant permits or licenses in |
505 | connection with any of the facilities of such wastewater system, |
506 | and shall have full and complete power to do all things necessary |
507 | and desirable for the proper and efficient administration and |
508 | operation of such wastewater system and all parts thereof. The |
509 | authority shall also have power, whenever deemed necessary or |
510 | desirable and subject to covenants and agreements with |
511 | bondholders, to lease from any person, firm, corporation, |
512 | association, or body, any facilities of any nature for such |
513 | wastewater system. |
514 | (n) That charges shall be levied by the authority against |
515 | its own books or against Monroe County with respect to providing |
516 | any facilities or services rendered by such wastewater system to |
517 | the authority or to Monroe County or to any other political |
518 | subdivision or public body or agency which receives wastewater |
519 | system services, or to any department or works thereof, at the |
520 | rate or rates applicable to other customers or users taking |
521 | facilities or services under similar conditions. Revenues |
522 | derived from such facilities or services so furnished shall be |
523 | treated as all other revenues of the wastewater system. |
524 | (o) Neither Monroe County, nor any municipality or special |
525 | district therein, shall exercise any present or future power, |
526 | pursuant to law, to interfere with the authority's jurisdiction |
527 | and operation of the wastewater system in such a manner as to |
528 | impair or adversely affect the covenants and obligations of the |
529 | authority under agreement relating to its bonds or other debts. |
530 | (p) The authority shall have exclusive jurisdiction over |
531 | the administration, maintenance, development, and provision of |
532 | wastewater system services in Monroe County with the exception of |
533 | the Key Largo Wastewater Treatment District as defined in chapter |
534 | 2002-337, Laws of Florida, consisting of Key Largo, including all |
535 | lands east of Tavernier Creek, including Tavernier, Key Largo, |
536 | and Cross Key, but excluding Ocean Reef, the City of Key West, |
537 | the City of Key Colony Beach, the City of Layton, and Islamorada, |
538 | Village of Islands unless such areas shall choose to grant the |
539 | authority such jurisdiction, and the authority's wastewater |
540 | system authorized hereunder shall be the exclusive provider of |
541 | wastewater system services and no franchise or grant of power to |
542 | any other entity or provider shall be lawful unless preapproved |
543 | by the authority. The authority shall have the power to regulate |
544 | the use of, including prohibiting the use of or mandating the use |
545 | of, specific types of wastewater facilities and, notwithstanding |
546 | any other provisions hereof, shall be authorized to prescribe the |
547 | specific type of wastewater treatment facility or measures |
548 | required to be utilized within the boundaries of the authority, |
549 | including, but not limited to, requiring the use of septic tanks |
550 | in lieu of cess pits, the mandatory hook up to specific |
551 | wastewater treatment plants, requiring upgrades be undertaken to |
552 | on site wastewater systems, and any other combination of the |
553 | foregoing in order to manage effluent disposal and wastewater |
554 | matters. |
555 | (10) In addition to the powers specifically provided in |
556 | this chapter, the authority shall have the power to own, acquire, |
557 | construct, reconstruct, equip, operate, maintain, extend, and |
558 | improve such other related projects as the board of directors may |
559 | in its discretion find necessary or desirable to accomplish the |
560 | primary purpose of this act which is to supply water and sewer |
561 | services and facilities to the Florida Keys. The authority is |
562 | hereby authorized to adopt by reference and utilize or take |
563 | advantage of any of the relevant provisions of chapter 100, |
564 | chapter 153, chapter 159, or chapter 170, Florida Statutes. |
565 | Section 10. Rules.--Upon reasonable advance notice to the |
566 | public and an opportunity for all persons to be heard on the |
567 | matter, the board shall adopt bylaws, rules, resolutions, |
568 | regulations, and orders prescribing the powers, duties, and |
569 | functions of the members of the board and employees of the |
570 | authority, the conduct of the business of the authority, the |
571 | maintenance of records of the authority, and shall adopt |
572 | administrative rules and regulations with respect to any of the |
573 | projects of the authority. |
574 | Section 11. Exercise by authority of powers within |
575 | municipalities.--The authority shall have the power to exercise |
576 | any of its rights, powers, privileges, and authorities in any |
577 | and all portions of the geographical limits of the authority |
578 | lying within the boundaries of any municipal corporation or |
579 | other political subdivision, heretofore or hereafter created or |
580 | organized, whose boundaries lie wholly or partly within the |
581 | geographic limits of the authority, to the same extent and in |
582 | the same manner as in areas of the authority not incorporated as |
583 | part of a municipality or other political subdivision. |
584 | Section 12. Furnishing facilities and services within the |
585 | authority territory.-- |
586 | (1) The authority shall have the power to construct, |
587 | maintain, and operate its projects within the geographic limits |
588 | of the authority, including any portions of the authority located |
589 | inside the boundaries of any incorporated municipalities or other |
590 | political subdivisions and to offer, supply, and furnish the |
591 | facilities and services provided for in this act. |
592 | (2) The authority shall have the power to collect fees, |
593 | rentals, and other charges from persons, firms, corporations, |
594 | municipalities, counties, the Federal Government, the department, |
595 | political subdivisions, and other public or private agencies or |
596 | bodies within the geographic limits of the authority and for the |
597 | use of the authority itself. |
598 | Section 13. Maintenance of projects across rights-of- |
599 | way.--The authority shall have the power to construct and |
600 | operate its projects in, along, or under any streets, alleys, |
601 | highways, or other public places or ways, and across any drain, |
602 | ditch, canal, floodwater, holding basin, excavation, railroad |
603 | right-of-way, track, grade, fill, or cut. However, just |
604 | compensation shall be paid by the authority for any private |
605 | property taken or damaged by the exercise of such power. |
606 | Section 14. Fees, rentals, and charges; procedure for |
607 | adoption and modification; minimum revenue requirements.-- |
608 | (1) The authority shall have the power to prescribe, fix, |
609 | establish, and collect rates, fees, rentals, or other charges |
610 | (hereinafter sometimes referred to as revenue) and to revise the |
611 | same from time to time for the facilities and services furnished |
612 | or to be furnished by the authority and to provide for reasonable |
613 | penalties against any user for any such rates, fees, rentals, or |
614 | other charges that are delinquent. |
615 | (2) Such rates, fees, rentals, and charges shall be just |
616 | and equitable and, except as provided herein, uniform for users |
617 | of the same class and, where appropriate, may be based or |
618 | computed either upon the amount of service furnished or upon the |
619 | number or average number of persons working or residing or |
620 | working or otherwise occupying the premises served or upon any |
621 | other factor affecting the use of the facilities furnished, or |
622 | upon any combination of the foregoing factors as may be |
623 | determined by the board of directors on an equitable basis. The |
624 | authority may prescribe, fix, and establish a special lower rate, |
625 | fee, rental, or other charge on the residential account of any |
626 | person who is 60 years of age or older or a totally and |
627 | permanently disabled American veteran on the date of application, |
628 | who meets the low income standards adopted by the board and who |
629 | applies for such special lower rate, fee, rental, or other charge |
630 | between the months of January and December, inclusive, of each |
631 | year. As used in this section "residential account" means an |
632 | account for a person residing in a house, mobile home, |
633 | condominium, apartment, or other housing unit. The application |
634 | shall include the submission of an affidavit stating that the |
635 | applicant is 60 years of age or older or a totally and |
636 | permanently disabled American veteran . The submission of the |
637 | affidavit shall be prima facie evidence of the applicant's age or |
638 | disability. The application shall also include the annual income |
639 | of the applicant. |
640 | (3) The rates, fees, rentals, or other charges prescribed |
641 | shall be such as will produce revenues at least sufficient to |
642 | provide for the items hereinafter listed but not necessarily in |
643 | the order stated: |
644 | (a) To provide for all costs, expenses of operation, and |
645 | maintenance of such facility or service for such purpose. |
646 | (b) To pay, when due, all bonds and interest thereon for |
647 | the payment of which such revenues are or shall have been pledged |
648 | or encumbered, including reserves for such purposes. |
649 | (c) To provide for any other funds which may be required on |
650 | the resolution or resolutions authorizing issuance of bonds |
651 | pursuant to this act. |
652 | (4) No rate, fee, rental, or other charge may be |
653 | established resulting in increased costs for service to the |
654 | customer nor may any rate, fee, rental, or other charge be |
655 | increased by the authority until a public hearing has been held |
656 | relating to the proposed increase in the City of Key West, and in |
657 | the Marathon and the upper Keys areas. However, if the proposed |
658 | rule affects wastewater only in a single wastewater district and |
659 | affects rates, fees, or other charges that could result in |
660 | increased costs of service to the customer, no rate, fee, rental, |
661 | or other charge may be increased by the authority until two |
662 | advertised public hearings have been held relating to the |
663 | proposed increase at a site convenient to the public located in |
664 | the district area. Such public hearings shall not occur within |
665 | 15 days of each other. |
666 | Section 15. Recovery of delinquent charges.--In the event |
667 | that any of the rates, fees, rentals, charges, or delinquent |
668 | penalties shall not be paid as when due and shall be in default |
669 | for 30 days or more, the unpaid balance thereof and all interest |
670 | accrued thereon together with attorneys' fees and costs may be |
671 | recovered by the authority in a civil action and in accordance |
672 | with any covenant in any bond indenture of the authority. The |
673 | board shall have the authority to impose a service charge in |
674 | accordance with section 832.07(1)(a), Florida Statutes upon the |
675 | maker or drawer of any check, draft, or order in payment of any |
676 | such rate, fee, rental, charge or delinquent penalty, for which |
677 | payment is refused by the drawee because of lack of funds or |
678 | credit. |
679 | Section 16. Discontinuance of service.--In the event that |
680 | the fees, rentals, or other charges for the services and |
681 | facilities of any project are not paid when due, the board of |
682 | directors shall have the power to discontinue and shut off the |
683 | same until such fees, rentals, or other charges, including |
684 | interest, penalties, and charges for the shutting off or |
685 | discontinuance and the restoration of such services and |
686 | facilities, are fully paid, and for such purposes may enter on |
687 | any lands, waters, and premises of any person, firm, |
688 | corporation, or other body, public or private. Such delinquent |
689 | fees, rentals, or other charges together with interest, |
690 | penalties, and charges for the shutting off and discontinuance |
691 | and the restoration of such services and facilities and |
692 | reasonable attorneys' fees and other expenses may be recovered |
693 | by the authority by suit in any court of competent jurisdiction. |
694 | The authority may also enforce payment of such delinquent fees, |
695 | rentals, or other charges by any other lawful method of |
696 | enforcement. |
697 | Section 17. Remedies.--Any holder of bonds issued under |
698 | the provisions of this act or of any of the coupons appertaining |
699 | thereto, and the trustee under the trust indenture, if any, |
700 | except to the extent the rights herein given may be restricted |
701 | by resolution passed before the issuance of the bonds or by the |
702 | trust indenture, may, either at law or in equity, by suit, |
703 | action, mandamus, or other proceeding, protect and enforce any |
704 | and all rights under the laws of the State of Florida or granted |
705 | hereunder or under such resolution or trust indenture, and may |
706 | enforce or compel performance of all duties required by this act |
707 | or by such resolution or trust indenture to be performed by the |
708 | authority or any officer thereof, including the fixing, |
709 | charging, and collecting of rates and other charges for both |
710 | water furnished by the waterworks system and wastewater |
711 | treatment furnished by the wastewater system. |
712 | Section 18. Receiver.-- |
713 | (1) In the event that the authority shall default in the |
714 | payment of the principal of or the interest on any of the bonds |
715 | as the same shall become due, whether at maturity or upon call |
716 | for redemption, and such default shall continue for a period of |
717 | 45 days, or in the event that the authority or the officers, |
718 | agents, or employees of the authority shall fail or refuse to |
719 | comply with the provisions of this act or shall default in any |
720 | agreement made with the holders of the bonds, any holder of |
721 | bonds, subject to the provisions of the resolution authorizing |
722 | the same or the trust indenture, or the trustee therefor, shall |
723 | have the right to apply in any appropriate judicial proceeding to |
724 | the circuit court in any court of competent jurisdiction, for the |
725 | appointment of a receiver of the waterworks system, excluding |
726 | however, the aqueduct, whether or not all bonds shall have been |
727 | declared due and payable and whether or not such holder or |
728 | trustee is seeking or has sought to enforce any other right or to |
729 | exercise any other remedy in connection with such bonds, and, |
730 | upon such application, the court may appoint such receiver. |
731 | (2) The receiver so appointed shall forthwith, directly or |
732 | by his agents and attorneys, enter into and upon and take |
733 | possession of such portion of the waterworks system and may |
734 | exclude the authority, its officers, agents, and employees and |
735 | all persons claiming under them, wholly therefrom and shall have, |
736 | hold, use, operate, manage, and control the same in the name of |
737 | the authority or otherwise, as the receiver may deem best, and |
738 | shall exercise all the rights and powers of the authority with |
739 | respect thereto as the authority itself might do. Whenever all |
740 | defaults shall have been cured and made good, the court may, in |
741 | its discretion, and after such notice and hearing as it deems |
742 | reasonable and proper, direct the receiver to surrender |
743 | possession of such property to the authority. The same right to |
744 | secure the appointment of a receiver shall exist upon any |
745 | subsequent default as hereinabove provided. |
746 | (3) Notwithstanding anything in this section to the |
747 | contrary, any such receiver shall have no power to sell, assign, |
748 | mortgage, or otherwise dispose of any assets of whatever kind or |
749 | character belonging to the authority and useful for the |
750 | waterworks system, and the authority of any such receiver shall |
751 | be limited to the operation and maintenance of such portion of |
752 | the system as may be placed in receivership and no court shall |
753 | have jurisdiction to enter any order or decree requiring or |
754 | permitting such receiver to sell, mortgage, or otherwise dispose |
755 | of any such assets. |
756 | Section 19. Agreements with public and private parties |
757 | concerning the furnishing of facilities and services.--The |
758 | authority shall have the power to enter into agreements with any |
759 | person, firm, or corporation, public or private, for the |
760 | furnishing by such person, firm, or corporation of any |
761 | facilities and services of the type provided for in this act to |
762 | the authority, and for or on behalf of the authority to persons, |
763 | firms, corporations, and other public or private bodies and |
764 | agencies to whom the authority is empowered under this act to |
765 | furnish facilities and services. |
766 | Section 20. Exclusive jurisdiction of projects and |
767 | finances.-- |
768 | (1) The board of directors shall have exclusive |
769 | jurisdiction and control, except as otherwise provided herein and |
770 | as to the quality and manner of discharge of effluent, over the |
771 | projects of the authority without limitation as to expenditures |
772 | and appropriations except to the extent otherwise provided in |
773 | this act and to the extent that the board of directors may by |
774 | agreement with any other public or private body authorize the |
775 | same to exercise jurisdiction or control of any of the projects |
776 | of the authority. It shall not be necessary for the authority to |
777 | obtain any certificate of convenience or necessity, franchise, |
778 | license, permit, or authorization from any bureau, board, |
779 | commission, or like instrumentality of the state or any political |
780 | subdivision thereof in order to construct, reconstruct, acquire, |
781 | extend, repair, improve, maintain, or operate any project and the |
782 | rates, fees, or other charges to be fixed and collected with |
783 | respect to the facilities and service of the authority shall not |
784 | be subject to supervision, regulation, or the rate-setting power |
785 | of any bureau, board, commission, or other agency of the state or |
786 | any political subdivision thereof. |
787 | (2) Except as otherwise provided in this act, the budget |
788 | and finances of the authority, including without limitation |
789 | expenditures and appropriations, and the exercise by the board of |
790 | directors of the powers herein provided, shall not be subject to |
791 | the requirements or limitations of chapter 216, Florida Statutes. |
792 | Section 21. Revenue bonds.-- |
793 | (1) The authority shall have the power to issue revenue |
794 | bonds from time to time without limitation as to amount. Such |
795 | revenue bonds may be secured by or payable from the gross amount |
796 | or net pledge of the revenues to be derived from any project or |
797 | combination of projects from the rates, fees, or other charges to |
798 | be collected from the users of any project or projects from any |
799 | revenue-producing undertaking or activity of the authority or |
800 | from any other source or pledged security. Such bond shall not |
801 | constitute an indebtedness of the authority. |
802 | (2) Any two or more projects may be combined and |
803 | consolidated into a single project and may thereafter be operated |
804 | and maintained as a single project. The revenue bonds authorized |
805 | herein may be issued to finance any one or more such projects |
806 | separately or to finance two or more such projects regardless of |
807 | whether such projects have been combined and consolidated into a |
808 | single project. If the board of directors deems it advisable, |
809 | the proceedings authorizing such revenue bonds may provide that |
810 | the authority may thereafter combine the projects then being |
811 | financed or theretofore financed with other projects to be |
812 | subsequently financed by the authority, and that revenue bonds to |
813 | be thereafter issued by the authority shall be on parity with the |
814 | revenue bonds then being issued, all on such terms, conditions, |
815 | and limitations as shall be provided and may further provide that |
816 | the revenues to be derived from the subsequent projects shall at |
817 | the time of the issuance of such parity revenue bonds be also |
818 | pledged to the holders of any revenue bonds theretofore issued to |
819 | finance the revenue undertakings which are later combined with |
820 | such subsequent projects. The authority may pledge for the |
821 | security of the revenue bonds a fixed amount without regard to |
822 | any proportion of the gross revenues of any project. |
823 | Section 22. Refunding bonds.--The authority shall have the |
824 | power to issue bonds to provide for the retirement or refunding |
825 | of any bonds or obligations of the authority that at the time of |
826 | such issuance are or subsequently thereto become due and payable |
827 | or that at the time of issuance have been called or will be |
828 | subject to call for redemption within 10 years thereafter or the |
829 | surrender of which can be procured from the holders thereof at |
830 | prices satisfactory to the board of directors. Refunding bonds |
831 | may be issued at any time when in the judgment of the board of |
832 | directors such issuance will be advantageous to the authority. |
833 | The board of directors may, by resolution, confer upon the |
834 | holders of such refunding bonds all rights, powers, and remedies |
835 | to which the holders would be entitled if they continued to be |
836 | the owners and had possession of the bonds for the refinancing |
837 | of which said refunding bonds are issued. |
838 | Section 23. Lien of pledges.--All pledges of revenues and |
839 | assessments made pursuant to the provisions of this act shall be |
840 | valid and binding from the time when such pledges are made. All |
841 | such revenues and assessments so pledged and thereafter |
842 | collected shall immediately be subject to the lien of such |
843 | pledges without any physical delivery thereof or further action |
844 | and the lien of such pledges shall be valid and binding as |
845 | against all parties having claims of any kind in tort, contract, |
846 | or otherwise against the authority irrespective of whether such |
847 | parties have notice thereof. |
848 | Section 24. Issuance of bond anticipation notes.--In |
849 | addition to the other powers applied for in this act and not in |
850 | limitation thereof, the authority shall have the power at any |
851 | time and from time to time after the issuance of any bonds of |
852 | the authority shall have been authorized, to borrow money for |
853 | the purposes for which such bonds are to be issued in |
854 | anticipation of the receipt of the proceeds of the sale of such |
855 | bonds and to issue bond anticipation notes in a principal amount |
856 | not in excess of the authorized maximum amount of such bond |
857 | issues. Such notes shall be in such denominations and bear |
858 | interest at such rate or rates, mature at such time or times not |
859 | later than 5 years from the date of issuance and be in such form |
860 | and executed in such manner as the board of directors shall |
861 | prescribe. Such notes may be sold at either public or private |
862 | sale or if such notes shall be renewable, notes may be exchanged |
863 | for notes then outstanding on such terms as the board of |
864 | directors shall determine. Said notes shall be paid from the |
865 | proceeds of such bonds when issued. |
866 | Section 25. Short term borrowing.--The authority at any |
867 | time may obtain loans in such amount and on such terms and |
868 | conditions as the board of directors may approve for the purpose |
869 | of paying any of the expenses of the authority or any costs |
870 | incurred or that may be incurred in connection with any of the |
871 | projects of the authority, which loan shall have a term not |
872 | exceeding 3 years from the date of issuance thereof and may be |
873 | renewable for a like term or terms, shall bear interest not in |
874 | excess of the prevailing rate available for loans of similar |
875 | terms and amounts at commercial lending institutions licensed by |
876 | the Federal Government or the state, may be payable from and |
877 | secured by a pledge of such funds, revenues, and assessments as |
878 | the board of directors may determine. For the purpose of |
879 | defraying such costs and expenses the authority may issue |
880 | negotiable notes, warrants, and other evidences of debts signed |
881 | on behalf of the authority by any one of the board of directors |
882 | to be authorized by the board. |
883 | Section 26. Trust agreements.--In the discretion of the |
884 | board of directors, any issue of bonds may be secured by a trust |
885 | agreement by and between the authority and a corporate trustee |
886 | or trustees which may be any trust company or bank having the |
887 | powers of a trust company within or without the state. The |
888 | resolution authorizing the issuance of the bonds or such trust |
889 | agreements may pledge the revenues to be received from any |
890 | projects of the authority and may contain such provision for |
891 | protecting and enforcing the rights and remedies of the |
892 | bondholders as the board of directors may approve, including |
893 | without limitation covenants setting forth the duties of the |
894 | authority in relation to the acquisition, construction, |
895 | reconstruction, improvement, maintenance, repair, operation, and |
896 | insurance of any project, the fixing and revising of the rates, |
897 | fees, and charges and the custody safeguarding and application |
898 | of all moneys, and for the employment of counseling engineers in |
899 | connection with such acquisition, construction, reconstruction, |
900 | improvement, maintenance, repair, and operation. It shall be |
901 | lawful for any bank or trust company incorporated under the laws |
902 | of the state which may act as a depository of the proceeds of |
903 | bonds or of revenues to furnish such indemnifying bonds or to |
904 | pledge such securities as may be required by the authority. |
905 | Such resolution or trust agreement may set forth the rights and |
906 | remedies of the bondholders and of the trustee, if any, and may |
907 | restrict the individual right of action by bondholders. The |
908 | board of directors may provide for the payment of proceeds from |
909 | the sale of the bonds and the revenues of any project to such |
910 | officer, board, or depositories as it may designate for the |
911 | custody thereof, and for the method of disbursement thereof with |
912 | such safeguards and restrictions as it may determine. All |
913 | expenses incurred in carrying out the provision of such |
914 | resolution or trust agreement may be treated as part of the cost |
915 | of operation of the project to which such trust agreement |
916 | pertains. |
917 | Section 27. Sale of bonds.--Bonds may be sold in blocks or |
918 | installments at different times, or an entire issue or series |
919 | may be sold at one time. Bonds shall be sold at public sale |
920 | after advertisement, but not in any event at less than 95 |
921 | percent of the par value thereof, together with accrued interest |
922 | thereon. Bonds may be sold or exchanged for refunding bonds. |
923 | Bonds may be delivered as payment by the authority of the |
924 | purchase price or lease of any project or part thereof or a |
925 | combination of projects or parts thereof or as the purchase |
926 | price or exchanged for any property, real, personal or mixed, |
927 | including franchises or services rendered by any contractor, |
928 | engineer, or other person at one time or in blocks from time to |
929 | time and in such manner and upon such terms as the board of |
930 | directors in its discretion shall determine. |
931 | Section 28. Authorization and form of bonds.--The board |
932 | may by resolution authorize the issuance of bonds on either a |
933 | negotiated or competitive bid basis, fix the aggregate amount of |
934 | bonds to be issued, the purpose or purposes for which the moneys |
935 | derived therefrom shall be expended, and the rate or rates of |
936 | interest. The denomination of bonds, whether or not the bonds |
937 | are to be issued in one or more series, the date or dates |
938 | thereof, the date or dates of maturity, which shall not exceed |
939 | 40 years from their respective dates of issuance, the medium of |
940 | payment, place or places within or without the state where |
941 | payment shall be made, registration, privileges (whether with or |
942 | without premium), the manner of execution, the form of the |
943 | bonds, including any interest coupons to be attached thereto, |
944 | the manner of execution of bonds and coupons, and any and all |
945 | other terms, covenants and conditions thereof, and the |
946 | establishment of reserve or other funds. |
947 | Section 29. Interim certificates, replacement |
948 | certificates.--Pending the preparation of definitive bonds, the |
949 | board of directors may issue interim certificates or receipts or |
950 | temporary bonds, in such form and with such provision as the |
951 | board of directors may determine, exchangeable for definitive |
952 | bonds when such bonds have been executed and are available for |
953 | delivery. The board of directors may also provide for the |
954 | replacement of any bonds which shall become mutilated or be lost |
955 | or destroyed. |
956 | Section 30. Negotiability of bonds.--Any bond issued under |
957 | this act and any interim certificate, receipt, or temporary bond |
958 | shall, in the absence of an express recital on the face thereof |
959 | that it is nonnegotiable, shall be and constitute a negotiable |
960 | instrument within the meaning and for all purposes of the law |
961 | merchant, the U.C.C., and the laws of the state. |
962 | Section 31. Bonds as legal investment or |
963 | security.--Notwithstanding any provisions of any other law to |
964 | the contrary, all bonds issued under provisions of this act |
965 | shall constitute legal investments for savings banks, trust |
966 | companies, insurance companies, executors, administrators, |
967 | trustees, guardians, and other fiduciaries, and for any board, |
968 | body, agency, instrumentality, county, municipality, or other |
969 | political subdivision of the state and shall be and constitute |
970 | securities which may be deposited by banks or trust companies as |
971 | security for deposit of the state, county, municipal, or other |
972 | public funds, or by insurance companies. |
973 | Section 32. Validity of bonds.--Any bonds issued by the |
974 | authority shall be incontestable in the hands of bona fide |
975 | purchasers or holders for value and shall not be invalid because |
976 | of any irregularity or defects in the proceedings for the issue |
977 | and sales thereof. However, the authority is not required to |
978 | obtain approval of the Bond Review Board as provided by chapter |
979 | 215, Florida Statutes. |
980 | Section 33. Pledge by the State of Florida to the |
981 | bondholders of the authority and to the Federal Government.--The |
982 | state pledges to the holders of any bonds issued under this act |
983 | that it will not limit or alter the rights of the authority to |
984 | own, acquire, construct, reconstruct, improve, maintain, |
985 | operate, or furnish the projects or to levy rentals, rates, |
986 | fees, or other charges provided for herein and to fulfill the |
987 | terms of any agreement made with the holders of such bonds or |
988 | other obligations, that it will not in any way impair the rights |
989 | or remedies of the holders, and that it will not modify in any |
990 | way the exemption for taxation provided in the act, until all |
991 | such bonds, together with interest thereon, and all costs and |
992 | expenses in connection with any action or proceeding by or on |
993 | behalf of such holders, are fully met and discharged. The state |
994 | pledges to and agrees with the Federal Government that in the |
995 | event the Federal Government or any agency or authority thereof |
996 | shall construct or contribute any funds, materials, or property |
997 | for the construction, acquisition, extension, improvement, |
998 | enlargement, maintenance, operation, or furnishing of any |
999 | project of the authority, or any part thereof, the state will |
1000 | not alter or limit the rights and powers of the authority in any |
1001 | manner which would be inconsistent with the continued |
1002 | maintenance and operation of such project, or any part thereof, |
1003 | on the improvement thereof, or which would be inconsistent with |
1004 | due performance of any agreement between the authority and the |
1005 | Federal Government, and the authority shall continue to have, |
1006 | and may exercise, all powers herein granted so long as the board |
1007 | of directors may deem the same necessary or desirable for |
1008 | carrying out the purposes of this act and the purposes of the |
1009 | Federal Government in the construction, acquisition, extension, |
1010 | improvement, enlargement, maintenance, operation, or furnishing |
1011 | of any projects of the authority or any part thereof. |
1012 | Section 34. Contracts, grants, and contributions.--The |
1013 | authority shall have the power to make and enter into all |
1014 | contracts and agreements necessary or incidental to the |
1015 | performance or functions of the authority and the execution of |
1016 | its powers, and to contract with, and to accept and receive |
1017 | grants or loans of money, material, or property from any person, |
1018 | private or public corporation, the state, or any agency or |
1019 | instrumentality thereof, any county, municipality, or other |
1020 | political subdivision, or any agency, instrumentality, or |
1021 | corporation of or created by the United States of America, or |
1022 | the United States of America, as the board of directors shall |
1023 | determine to be necessary or desirable to carry out the purpose |
1024 | of this act, and in connection with any such contract, grant, or |
1025 | loan to stipulate and agree to such covenants, terms, and |
1026 | conditions as the board of directors shall deem appropriate. |
1027 | Section 35. Tax exemption.--As the exercise of the powers |
1028 | conferred by this act to effect the purposes of this act |
1029 | constitute the performance of essential public functions, and as |
1030 | the projects of the authority will constitute public property |
1031 | used for public purposes, all assets and properties of the |
1032 | authority and all bonds issued hereunder and interest paid |
1033 | thereon and all fees, charges, and other revenues derived by the |
1034 | authority from the projects provided for by this act shall be |
1035 | exempt from all taxes by the state or any political subdivision, |
1036 | agency, or instrumentality thereof, except that this exemption |
1037 | shall not apply to interest earnings subject to taxation under |
1038 | chapter 220, Florida Statutes. |
1039 | Section 36. Construction of authority projects.--The board |
1040 | of directors shall have the power and authority to acquire, |
1041 | construct, reconstruct, extend, repair, improve, maintain, and |
1042 | operate any of the projects of the authority, and to that end to |
1043 | employ contractors, to purchase machinery, to employ men to |
1044 | operate the same, and directly to have charge of and construct |
1045 | the projects of the authority in such manner as the board of |
1046 | directors may determine . The authority may undertake any such |
1047 | construction work with its own facilities, without public |
1048 | advertisement for bids. The board of directors shall not be |
1049 | permitted to let contracts for projects of the authority or for |
1050 | purchases without public advertising and the receiving of bids |
1051 | in accordance with such terms and conditions of chapter 287, |
1052 | Florida Statutes. The board of directors shall let contracts to |
1053 | the lowest responsible bidder. However, the board may, in its |
1054 | discretion, reject any and all bids. |
1055 | Section 37. Enforcement and penalties.--The board of |
1056 | directors or any aggrieved person may have recourse to such |
1057 | remedies in law and equity as may be necessary to ensure |
1058 | compliance with the provisions of this act, including injunctive |
1059 | relief to enjoin or restrain any person violating the provisions |
1060 | of this act and any bylaws, resolutions, regulations, rules, |
1061 | codes, and orders adopted under this act, and the court shall, |
1062 | upon proof of such violation, have the duty to issue forthwith |
1063 | such temporary and permanent injunctions as are necessary to |
1064 | prevent such further violations thereof. |
1065 | Section 38. Investment of funds.--The board of directors |
1066 | may, in its discretion, invest funds of the authority in: |
1067 | (1) Direct obligations of or obligations guaranteed by the |
1068 | United States of America or for the payment of principal and |
1069 | interest of which the faith and credit of the United States is |
1070 | pledged; |
1071 | (2) Bonds or notes issued by any of the following Federal |
1072 | agencies: Bank for Cooperatives; Federal Intermediate Credit |
1073 | Banks; Federal Home Loan Banks System; Federal Land Banks; or |
1074 | the Federal National Mortgage Loan Association (including the |
1075 | debentures or participating certificates issued by such |
1076 | association); |
1077 | (3) Public housing bonds issued by public housing |
1078 | authorities and secured by a pledge of annual contributions |
1079 | under an annual contribution contract or contracts with the |
1080 | United States of America; |
1081 | (4) Bonds or other interest-bearing obligations of any |
1082 | county, district, city, or town located in the State of Florida |
1083 | for which the credit of such political subdivision is pledged; |
1084 | or |
1085 | (5) Any investment authorized for insurers by chapter 625, |
1086 | Florida Statutes, inclusive, and amendments thereto. |
1087 | Section 39. Fiscal year of the authority.--The board of |
1088 | directors has the power to establish and from time to time |
1089 | redetermine the fiscal year of the authority. |
1090 | Section 40. Severability of provision.--If any section, |
1091 | clause, sentence, amendment, or provision of this act or the |
1092 | application of such section, clause, sentence, amendment, or |
1093 | provision to any person or bodies or under any circumstances |
1094 | shall be held to be inoperative, invalid, or unconstitutional, |
1095 | the invalidity of such section, clause, sentence, amendment, or |
1096 | provision shall not be deemed held or taken to affect the |
1097 | validity or constitutionality of any of the remaining parts of |
1098 | this act, or amendments hereto, or the application of any of the |
1099 | provisions of this act to persons, bodies or in circumstances |
1100 | other than those as to which it or any part thereof shall have |
1101 | been held inoperative, invalid, or unconstitutional, and it is |
1102 | intended that this act shall be construed and applied as if any |
1103 | section, clause, sentence, amendment, or provision held |
1104 | inoperative, invalid, or unconstitutional had not been included |
1105 | in this act. |
1106 | Section 41. Liberal construction.--The provisions of this |
1107 | act shall be liberally construed to effect its purposes and |
1108 | shall be deemed cumulative, supplemental, and alternative |
1109 | authority for the exercise of the powers provided herein. |
1110 | Section 42. Notice.--It is found and determined that |
1111 | notice of intention to apply for this legislation was given in |
1112 | the time, form, and manner required by the Constitution and laws |
1113 | of the State of Florida. Said notice is found to be sufficient |
1114 | and is hereby validated and approved. |
1115 | Section 43. All actions of the authority occurring prior |
1116 | to the effective date of this act are hereby ratified. |
1117 | Section 4. Chapters 76-441, 77-604, 77-605, 80-546, 83- |
1118 | 468, 84-483, 84-484, 86-419, 98-519, 2003-304, and 2003-327, |
1119 | Laws of Florida, are repealed. |
1120 | Section 5. Rulemaking.--The Florida Keys Aqueduct Authority |
1121 | Board, as constituted herein, and any successor agency or board |
1122 | may adopt rules necessary to meet environmental requirements |
1123 | imposed by federal agencies as a condition of funding. Rules |
1124 | adopted by the Florida Keys Aqueduct Authority prior to effective |
1125 | date of this act, contained in Part 7 of the Rules of the Florida |
1126 | Keys Aqueduct Authority, are hereby affirmed as a valid exercise |
1127 | of delegated legislative authority. |
1128 | Section 6. This act shall take effect upon becoming a law. |