CS/HB 1515

1
A bill to be entitled
2An act relating to Charlotte County; creating the Babcock
3Ranch Community Independent Special District; providing a
4short title; providing legislative findings and intent;
5providing definitions; stating legislative policy
6regarding creation of the district; establishing
7compliance with minimum requirements in s. 189.404(3),
8F.S., for creation of an independent special district;
9providing for creation and establishment of the district;
10establishing the legal boundaries of the district;
11providing for the jurisdiction and charter of the
12district; providing for a governing board and establishing
13membership criteria and election procedures; providing for
14board members' terms of office; providing for board
15meetings; providing for administrative duties of the
16board; providing a method for transition of the board from
17landowner control to control by the resident electors of
18the district; providing for a district manager and
19district personnel; providing for a district treasurer,
20selection of a public depository, and district budgets and
21financial reports; providing for the general powers of the
22district; providing for the special powers of the district
23to plan, finance, and provide community infrastructure and
24services within the district; providing for bonds;
25providing for borrowing; providing for future ad valorem
26taxation; providing for special assessments; providing for
27issuance of certificates of indebtedness; providing for
28tax liens; providing for competitive procurement;
29providing for fees and charges; providing for amendment to
30charter; providing for required notices to purchasers of
31residential units within the district; defining district
32public property; providing severability; providing for a
33referendum; providing an effective date.
34
35Be It Enacted by the Legislature of the State of Florida:
36
37     Section 1.  This act may be cited as the "Babcock Ranch
38Community Independent Special District Act."
39     Section 2.  Legislative findings and intent; definitions;
40policy.--
41     (1)  LEGISLATIVE FINDINGS AND INTENT.--
42     (a)  The unincorporated area of southeastern Charlotte
43County, including the Babcock Ranch lands, are unique and
44special with a need towards protecting natural resources and
45retaining a viable agricultural system while protecting private
46property rights and promoting a sound economy.
47     (b)  The Board of Trustees of the Internal Improvement
48Trust Fund, the Florida Fish and Wildlife Conservation
49Commission, and Lee County have purchased approximately 73,500
50acres of the approximately 91,000-acre Babcock Ranch for the
51perpetual preservation of such lands and for establishing a
52contiguous wildlife protection area from Lake Okeechobee to the
53Charlotte Harbor Estuary Project.
54     (c)  The Department of Community Affairs, Charlotte County,
55Lee County, and the then contract purchaser of the Babcock Ranch
56have entered into an Interlocal Planning Agreement for the
57Babcock Ranch, dated January 24, 2006, which outlines the steps
58necessary to achieve the sale and preservation of approximately
5973,500 acres of the entire Babcock Ranch and development of the
60remaining approximately 17,800 acres (the "Babcock Ranch
61Community") with a new, sustainable, compact, and mixed-use
62community that will provide residents with a balance of living,
63working, educational, civic, and recreational opportunities
64incorporating greenways, pedestrian ways, and transit corridors.
65     (d)  The district and the district charter, as created by
66this act, with its general and special powers are essential and,
67for the reasons set forth herein, the best alternative for
68planning, constructing, maintaining, operating, financing, and
69improving the provision of systems, facilities, and services
70necessary to meet the infrastructure needs of the Babcock Ranch
71Community.
72     (e)  There is a particular need to implement a specialized
73and limited single-purpose independent special district unit of
74local government in connection with the development of the
75Babcock Ranch Community, in order to prevent urban sprawl by
76providing sustaining and freestanding infrastructure and to
77prevent the needless duplication, fragmentation, and
78proliferation of local government services.
79     (f)  Management of conservation, environmental,
80agricultural, and economic challenges and opportunities in the
81Babcock Ranch area transcends the boundaries and
82responsibilities of both private landowners and individual units
83of government.
84     (g)  There are two alternatives for the creation of
85independent special districts for properties of this size: the
86establishment by rule of the Governor and Cabinet of one or more
87uniform community development districts over the property; and
88the establishment by special act of the Legislature of a single
89independent special district meeting the minimum requirements of
90chapter 189, Florida Statutes, the applicable district
91accountability general law. Use of this special act, created
92under chapter 189, Florida Statutes, is the better of the two
93alternatives in this case because it will allow for use of a
94single special district, with longer involvement and
95responsibility on the part of the initial landowner, which will
96result in better intergovernmental coordination and lower
97administrative costs for Charlotte County and the district,
98including its landowners and residents. Additionally, use of
99this special act will provide the flexibility to include within
100the district, at a later date, contiguous Babcock Ranch lands
101within Lee County, whereas chapter 190, Florida Statutes, would
102prevent a single uniform community development district from
103crossing county lines. Additionally, use of this special act
104updates the charter of a uniform community development district
105under chapter 190, Florida Statutes, eliminates potential for
106its abuse, clarifies and sets forth certain uniform procedures
107for liens on property, and makes other substantial reforms to
108the benefit of the people of Charlotte County and future
109landowners, residents, and visitors.
110     (h)  A longer involvement of the initial landowner with
111regard to the provision of systems, facilities, and services for
112the Babcock Ranch Community, coupled with a severely limited and
113highly specialized single purpose of the district, is in the
114public interest.
115     (i)  Any public or private system to provide infrastructure
116improvements, systems, facilities, and services to the Babcock
117Ranch Community must be established through a highly
118specialized, innovative, responsive, and accountable mechanism
119to provide the components of infrastructure at sustained levels
120of high quality over the long term.
121     (j)  The existence and use of such a limited, specialized
122single-purpose local government for the Babcock Ranch Community,
123subject to the Charlotte County comprehensive plan and land
124development regulations, will result in a higher propensity to
125provide for orderly development and prevent urban sprawl;
126protect and preserve environmental and conservation uses and
127assets; potentially enhance the market value for both present
128and future landowners of the property consistent with the need
129to protect private property; potentially enhance the net
130economic benefit to Charlotte County, including an enhanced tax
131base to the benefit of all present and future taxpayers in
132Charlotte County; and result in the sharing of costs of
133providing certain systems, facilities, and services in an
134innovative, sequential, and flexible manner within the area to
135be serviced by the district.
136     (k)  The creation and establishment of the district will
137encourage local government financial self-sufficiency in
138providing public facilities and in identifying and implementing
139fiscally sound, innovative, and cost-effective techniques to
140provide and finance public facilities while encouraging
141development, use, and coordination of capital improvement plans
142by all levels of government, pursuant to chapter 187, Florida
143Statutes.
144     (l)  The creation and establishment of the district will
145encourage and enhance cooperation among communities that have
146unique assets, irrespective of political boundaries, to bring
147the private and public sectors together to establish an orderly
148and environmentally and economically sound plan for current and
149future needs and growth.
150     (m)  The creation and establishment of the district is a
151legitimate alternative method available to manage, own, operate,
152construct, and finance capital infrastructure systems,
153facilities, and services.
154     (n)  In order to be responsive to the critical timing
155required through the exercise of its special management
156functions, an independent district requires financing of those
157functions, including bondable, lienable, and nonlienable
158revenue, with full and continuing public disclosure and
159accountability, funded by landowners, both present and future,
160and funded also by users of the systems, facilities, and
161services provided to the land area by the district, without
162burdening the taxpayers and citizens of the state, Charlotte
163County, or any municipality therein.
164     (o)  The district created and established by this act shall
165not exercise or have any comprehensive planning, zoning, or
166development permitting power; the establishment of the district
167shall not be considered a development order within the meaning
168of chapter 380, Florida Statutes; and all applicable planning
169and permitting laws, rules, regulations, agreements, and
170policies of Charlotte County shall control the development of
171the land within the district.
172     (p)  The creation by this act of the Babcock Ranch
173Community Independent Special District is not inconsistent with
174the Charlotte County comprehensive plan.
175     (q)  Charlotte County does not object to the creation of
176the district.
177     (r)  It is the legislative intent and purpose that no debt
178or obligation of the district constitute a debt or obligation on
179any local general-purpose government without its consent.
180     (s)  It is the legislative intent and purpose that no local
181general-purpose government shall be under any obligation or duty
182to assume any obligation or commitment made by the developer or
183the district.
184     (2)  DEFINITIONS.--As used in this act:
185     (a)  "Ad valorem bonds" means bonds that are payable from
186the proceeds of ad valorem taxes levied on real and tangible
187personal property and that are generally referred to as general
188obligation bonds.
189     (b)  "Assessable improvements" means, without limitation,
190any and all public improvements and community facilities that
191the district is empowered to provide in accordance with this act
192that provide a special benefit to property within the district.
193     (c)  "Assessment bonds" means special obligations of the
194district that are payable solely from proceeds of the special
195assessments or benefit special assessments levied for assessable
196improvements, provided that, in lieu of issuing assessment bonds
197to fund the costs of assessable improvements, the district may
198issue revenue bonds for such purposes payable from special
199assessments.
200     (d)  "Assessments" means those nonmillage district
201assessments that include special assessments, benefit special
202assessments, and maintenance special assessments and a
203nonmillage, non-ad valorem maintenance tax if authorized by
204general law.
205     (e)  "Babcock Ranch" means the approximately 91,000 acres
206of contiguous lands generally located in southeastern Charlotte
207County and in the northeastern portion of Lee County, the
208majority of which, approximately 73,500 acres, has been
209purchased pursuant to that certain Agreement for Sale and
210Purchase entered into by the Board of Trustees of the Internal
211Improvement Trust Fund, the Florida Fish and Wildlife
212Conservation Commission, and Lee County, as authorized pursuant
213to the Babcock Ranch Preserve Act, chapter 2006-231, Laws of
214Florida, and the remainder of which, approximately 17,800 acres,
215known as "Area 6," is to be developed as the Babcock Ranch
216Community.
217     (f)  "Babcock Ranch Community" means that portion of the
218Babcock Ranch to be developed with a new, sustainable, compact,
219mixed-use community pursuant to that certain Interlocal Planning
220Agreement for the Babcock Ranch, dated January 24, 2006, among
221the Florida Department of Community Affairs, Lee and Charlotte
222Counties, and the then contract purchaser of the Babcock Ranch,
223and pursuant to development approvals issued or to be issued by
224Lee County and Charlotte County, consisting of approximately
22517,800 acres. The subject of this act is that portion of the
226Babcock Ranch Community located in Charlotte County, consisting
227of approximately 13,631 acres, as described in section 4.
228     (g)  "Babcock Ranch Community Independent Special District"
229means the unit of special and single-purpose local government
230created and chartered by this act, including the creation of its
231charter, and limited to the performance, in implementing its
232single purpose, of those general and special powers authorized
233by its charter under this act, the boundaries of which are more
234specifically set forth in this act, the governing head of which
235is created and authorized to operate with legal existence by
236this act, and the purpose of which is as set forth in this act.
237     (h)  "Benefit special assessments" are district assessments
238imposed, levied, and collected pursuant to the provisions of
239section 6(12)(b).
240     (i)  "Bond" includes "certificate," and the provisions that
241are applicable to bonds are equally applicable to certificates.
242The term "bond" includes any general obligation bond, assessment
243bond, refunding bond, revenue bond, and other such obligation in
244the nature of a bond as provided for in this act.
245     (j)  "Cost" or "costs," when used with reference to any
246project, includes, but is not limited to:
247     1.  The expenses of determining the feasibility or
248practicability of acquisition, construction, or reconstruction.
249     2.  The cost of surveys, estimates, plans, and
250specifications.
251     3.  The cost of improvements.
252     4.  Planning, engineering, designing, fiscal, legal, and
253other professional and consultant expenses and charges.
254     5.  The cost of all labor, materials, machinery, and
255equipment.
256     6.  The cost of all lands, properties, rights, easements,
257and franchises acquired.
258     7.  Financing charges.
259     8.  The creation of initial reserve and debt service funds.
260     9.  Working capital.
261     10.  Interest charges incurred or estimated to be incurred
262on money borrowed prior to and during construction and
263acquisition and for such reasonable period of time after
264completion of construction or acquisition as the board may
265determine.
266     11.  The cost of issuance of bonds pursuant to this act,
267including advertisements and printing.
268     12.  The cost of any bond or tax referendum held pursuant
269to this act and all other expenses of issuance of bonds.
270     13.  The discount, if any, on the sale or exchange of
271bonds.
272     14.  Administrative expenses.
273     15.  The costs and expenses associated with the use,
274operation, maintenance, and repair of improvements.
275     16.  Such other expenses as may be necessary or incidental
276to the acquisition, disposition, transfer, construction,
277operation, maintenance, or reconstruction of any project or to
278the financing thereof, or to the development of any lands within
279the district.
280     17.  Payments, contributions, dedications, and any other
281exactions required as a condition of receiving any governmental
282approval or permit necessary to accomplish any district purpose.
283     (k)  "District" means the Babcock Ranch Community
284Independent Special District.
285     (l)  "District manager" means the manager of the district.
286     (m)  "General obligation bonds" means bonds that are
287secured by, or provide for their payment by, the pledge of the
288full faith and credit and taxing power of the district, in
289addition to those special taxes levied for their discharge and
290such other sources as may be provided for their payment or
291pledged as security under the resolution authorizing their
292issuance, and for payment of which recourse may be had against
293the general fund of the district.
294     (n)  "Governing board" or "board" means the governing board
295of the district or, if such board has been abolished, the board,
296body, or commission assuming the principal functions thereof or
297to whom the powers given to the board by this act have been
298given by law.
299     (o)  "Governing board member" means any member of the
300governing board.
301     (p)  "Land development regulations" means those regulations
302of general purpose local government, adopted under the Local
303Government Comprehensive Planning and Land Development
304Regulation Act, part II of chapter 163, Florida Statutes, to
305which the district is subject and as to which the district may
306not do anything that is inconsistent. Land development
307regulations shall not mean specific management, engineering,
308planning, operating, and other criteria and standards needed in
309the daily management, implementation, and provision by the
310district of systems, facilities, services, works, improvements,
311projects, or infrastructure, including design criteria and
312standards, so long as they remain subject to and are not
313inconsistent with the applicable land development regulations.
314     (q)  "Landowner" means the owner of a freehold estate as it
315appears on the deed record, including a trustee, a private
316corporation, and an owner of a condominium unit. "Landowner"
317does not include a reversioner, remainderman, mortgagee, or any
318governmental entity, who shall not be counted and need not be
319notified of proceedings under this act. "Landowner" also means
320the owner of a ground lease from a governmental entity, which
321leasehold interest has a remaining term, excluding all renewal
322options, in excess of 50 years.
323     (r)  "General-purpose local government" means a county,
324municipality, or consolidated city-county government.
325     (s)  "Maintenance special assessments" are assessments
326imposed, levied, and collected pursuant to the provisions of
327section 6(12)(d).
328     (t)  "Non-ad valorem assessment" means only those
329assessments that are not based upon millage and that can become
330a lien against a homestead as permitted in s. 4, Art. X of the
331State Constitution.
332     (u)  "Powers" means powers used and exercised by the
333governing board to accomplish the single, limited, and special
334purpose of the district, including:
335     1.  "General powers," those organizational and
336administrative powers of the district as provided in its charter
337in order to carry out its single special purpose as a local
338government public corporate body politic.
339     2.  "Special powers," those powers enumerated by the
340district charter to implement its specialized systems,
341facilities, services, projects, improvements, and infrastructure
342and related functions in order to carry out its single
343specialized purpose.
344     3.  Any other powers, authority, or functions set forth in
345this act or in chapter 189 or chapter 190, Florida Statutes.
346     (v)  "Project" means any development, improvement,
347property, power, utility, facility, enterprise, service, system,
348works, or infrastructure now existing or hereafter undertaken or
349established under the provisions of this act.
350     (w)  "Qualified elector" means any person at least 18 years
351of age or older, who is a citizen of the United States, a legal
352resident of the state and the district, and who registers to
353vote with the Supervisor of Elections in Charlotte County.
354     (x)  "Refunding bonds" means bonds issued to refinance
355outstanding bonds of any type and the interest and redemption
356premium thereon. Refunding bonds shall be issuable and payable
357in the same manner as refinanced bonds, except that no approval
358by the electorate shall be required unless required by the State
359Constitution.
360     (y)  "Revenue bonds" means obligations of the district that
361are payable from revenues, including, but not limited to,
362special assessments and benefit special assessments, derived
363from sources other than ad valorem taxes on real or tangible
364personal property, and that do not pledge the property, credit,
365or general tax revenue of the district.
366     (z)  "Sewer system" means any plant, system of pipes or
367lines, facility, or property and additions, extensions, and
368improvements thereto at any future time constructed or acquired
369as part thereof, useful or necessary or having the present
370capacity for future use in connection with the collection,
371treatment, purification, or disposal of sewage, including, but
372not limited to, industrial wastes resulting from any process of
373industry, manufacture, trade, or business or from the
374development of any natural resource. "Sewer system" also
375includes treatment plants, pumping stations, lift stations,
376valves, force mains, intercepting sewers, laterals, pressure
377lines, mains, and all necessary appurtenances and equipment; all
378sewer mains, laterals, and other devices for the reception and
379collection of sewage from premises connected therewith; and all
380real and personal property and any interest therein, and rights,
381easements, and franchises of any nature relating to any such
382system and necessary or convenient for operation thereof.
383     (aa)  "Special assessments" means assessments as imposed,
384levied, and collected by the district for the costs of
385assessable improvements pursuant to the provisions of this act,
386chapter 170, Florida Statutes, and the additional authority
387under section 197.3631, Florida Statutes, or other provisions of
388general law that provide or authorize a supplemental means to
389impose, levy, or collect special assessments.
390     (bb)  "Tax" or "taxes" means those levies and impositions
391of the governing board that support and pay for government and
392the administration of law and that may be:
393     1.  Ad valorem or property taxes based upon both the
394appraised value of property and millage, at a rate uniform
395within the jurisdiction; or
396     2.  If and when authorized by general law, non-ad valorem
397maintenance taxes not based on millage that are used to maintain
398district systems, facilities, and services.
399     (cc)  "Water system" means any plant, system of pipes or
400lines, facility, or property, and any addition, extension, or
401improvement thereto at any future time constructed or acquired
402as a part thereof, useful, necessary, or having the present
403capacity for future use in connection with the development of
404sources, treatment, purification, or distribution of water.
405"Water system" also includes lakes, canals, ditches, reservoirs,
406dams, impoundments, storage tanks, mains, lines, valves, pumping
407stations, laterals, and pipes for the purpose of carrying water
408to the premises connected with such system, and all rights,
409easements, and franchises of any nature relating to any such
410system and necessary or convenient for the operation thereof.
411     (3)  POLICY.--Based upon its findings, ascertainments,
412determinations, intent, purpose, and definitions, the
413Legislature states its policy expressly:
414     (a)  The district and the district charter, with its
415general and special powers, as created in this act, are
416essential and the best alternative for the residential,
417commercial, and other community uses, projects, or functions in
418the included portion of Charlotte County consistent with the
419effective comprehensive plans and serve a lawful public purpose.
420     (b)  The district, which is a government of special
421purpose, is limited to its special purpose as expressed in this
422act, with the power to provide, plan, implement, construct,
423maintain, and finance as a government of special purpose for its
424systems, facilities, services, improvements, infrastructure, and
425projects and possessing financing powers to fund its management
426powers over the long term and with sustained levels of high
427quality.
428     (c)  The creation of the Babcock Ranch Community
429Independent Special District by and pursuant to this act, and
430its exercise of its management and related financing powers to
431implement its limited, single, and special purpose, does not
432constitute a development order and does not invoke any provision
433within the meaning of chapter 380, Florida Statutes, and all
434applicable governmental planning, environmental, and land
435development laws, regulations, rules, policies, and ordinances
436apply to all development of the land within the jurisdiction of
437the district as created by this act.
438     (d)  The district shall operate and function subject to,
439and not inconsistent with, the Charlotte County comprehensive
440plan and any applicable development orders, zoning regulations,
441and other land development regulations.
442     (e)  The special and single purpose Babcock Ranch Community
443Independent Special District will not have the powers of a
444general-purpose local government to adopt a comprehensive plan
445or related land development regulations as those terms are
446defined in the Local Government Comprehensive Planning and Land
447Development Regulation Act, part II of chapter 163, Florida
448Statutes.
449     (f)  This act may be amended, in whole or in part, only by
450subsequent special act of the Legislature. No amendment to this
451act that alters the district boundaries or the general or
452special powers of the district may be considered by the
453Legislature unless it is accompanied by a resolution or official
454statement as provided for in section 189.404(2)(e)4., Florida
455Statutes.
456     Section 3.  Creation and establishment; jurisdiction;
457construction; charter with legal description.--
458     (1)  The Babcock Ranch Community Independent Special
459District, which also may be referred to as the "district," is
460created and incorporated as a public body corporate and politic,
461an independent, limited, special purpose local government, an
462independent special district under section 189.404, Florida
463Statutes, and as defined in this act and section 189.403(3),
464Florida Statutes, in and for a certain portion of Charlotte
465County. Any amendments to chapter 190, Florida Statutes, after
466January 1, 2007, granting additional general powers, special
467powers, authorities, or projects to a community development
468district by amendment to its uniform charter, sections 190.006-
469190.041, Florida Statutes, shall constitute a general power,
470special power, authority, or function of the Babcock Ranch
471Community Independent Special District. All notices for the
472enactment by the Legislature of this special act have been
473provided pursuant to the State Constitution, laws of the state,
474and the Rules of the Florida House of Representatives and of the
475Florida Senate.
476     (2)  The territorial boundary of the district shall embrace
477and include all of that certain real property as described in
478section 4.
479     (3)  The jurisdiction of this district, in the exercise of
480its general and special powers, and in the carrying out of its
481special purposes, is both within the external boundaries of the
482legal description of this district and extraterritorially only
483when expressly authorized by this act or by applicable general
484law. This special purpose district is created as a public body
485corporate and politic, with local government authority and power
486limited by its charter, this act, and subject to the provisions
487of other general laws, in particular chapter 189, Florida
488Statutes, except that in the event that a conflict arises
489between the provisions of applicable general laws and this act,
490the provisions of this act will control, and the district has
491jurisdiction to perform such acts and exercise such authorities,
492functions, and powers as shall be necessary, convenient,
493incidental, proper, or reasonable for the implementation of its
494limited, single, and specialized purpose regarding the sound
495planning, provision, acquisition, development, operation,
496maintenance, and related financing of those public systems,
497facilities, services, improvements, projects, and infrastructure
498works as authorized herein, including those necessary and
499incidental thereto.
500     (4)  The exclusive charter of the "Babcock Ranch Community
501Independent Special District" is this act, which may be amended,
502terminated, or repealed only by special act of the Legislature.
503     Section 4.  Legal description of the Babcock Ranch
504Community Independent Special District.--
505
506LEGAL DESCRIPTION. The metes and bounds legal
507description of the district, within which there are no
508parcels of property owned by those who do not wish
509their property to be included within the district, is
510as follows:
511
512CHARLOTTE COUNTY PARCEL:
513
514A parcel of land lying within Sections 29, 31 through
51533, Township 41 South, Range 26 East, AND, Sections 4
516through 10, Sections 15 through 17 and Sections 19
517through 36, Township 42 South, Range 26 East,
518Charlotte County, Florida, being more particularly
519described as follows:
520
521Commence at the Southwest corner of Section 31,
522Township 42 South, Range 26 East and run S89°41'45"E,
523along the South line of said Section 31, a distance of
52450.00 feet to a point on the East right-of-way line of
525State Road No. 31, said point also being the Point of
526Beginning of the parcel of land herein described;
527Thence continue S89°41'45"E a distance of 5,189.75
528feet to the Northeast corner of Section 6, Township 43
529South, Range 26 East; Thence S89°41'45"E a distance of
5305,306.08 feet to the Northeast corner of Section 5,
531Township 43 South, Range 26 East; Thence S89°37'16"E a
532distance of 5,289.11 feet to the Northeast corner of
533Section 4, Township 43 South, Range 26 East; Thence
534S89°35'44"E a distance of 5,294.60 feet to the
535Northeast corner of Section 3, Township 43 South,
536Range 26 East; Thence S89°35'44"E a distance of
5375,294.60 feet to the Northeast corner of Section 2,
538Township 43 South, Range 26 East; Thence S89°35'44"E,
539along the North line of Section 1, Township 43 South,
540Range 26 East, a distance of 3,430.66 feet; Thence
541N00°00'40"W a distance of 10,185.53 feet; Thence
542N05°46'23"E a distance of 1,058.56 feet; Thence
543N66°40'38"W a distance of 200.62 feet; Thence
544S83°12'47"W a distance of 1,373.33 feet; Thence
545N30°17'33"W a distance of 1,686.63 feet; Thence
546N70°02'41"W a distance of 1,332.41 feet; Thence
547S72°42'44"W a distance of 1,430.81 feet; Thence
548N49°18'31"W a distance of 2,362.25 feet; Thence
549S69°00'57"W a distance of 1,518.19 feet; Thence
550S21°08'17"W a distance of 865.44 feet; Thence
551S20°29'11"E a distance of 1,376.91 feet; Thence
552N74°38'25"E a distance of 1,635.69 feet; Thence
553S00°18'50"E a distance of 1,309.92 feet; Thence
554S89°45'02"W a distance of 4,154.48 feet; Thence
555N51°39'36"W a distance of 782.53 feet; Thence
556N04°14'12"E a distance of 1,329.59 feet; Thence
557N39°20'59"W a distance of 1,779.16 feet; Thence
558N42°01'35"W a distance of 1,162.94 feet; Thence
559S52°01'16"W a distance of 818.34 feet; Thence
560S62°56'46"W a distance of 516.42 feet; Thence
561S89°59'33"W a distance of 307.20 feet; Thence
562N80°06'18"W a distance of 334.84 feet; Thence
563N20°54'51"W a distance of 336.86 feet; Thence
564N05°03'05"E a distance of 533.35 feet; Thence
565N22°47'49"E a distance of 5,490.82 feet; Thence
566N55°42'26"E a distance of 195.73 feet; Thence
567N21°59'06"W a distance of 1,739.17 feet; Thence
568N52°37'55"E a distance of 867.75 feet; Thence
569N13°36'57"W a distance of 2,507.33 feet; Thence
570S78°50'16"W a distance of 687.95 feet; Thence
571N19°48'25"W a distance of 366.25 feet; Thence
572N08°01'21"W a distance of 493.32 feet; Thence
573N03°43'40"E a distance of 687.22 feet; Thence
574N00°28'20"E a distance of 674.51 feet; Thence
575N25°12'33"W a distance of 261.13 feet; Thence
576N42°54'55"W a distance of 643.19 feet; Thence
577N07°19'37"W a distance of 171.40 feet; Thence
578N13°05'30"E a distance of 201.96 feet; Thence
579N32°40'01"W a distance of 186.12 feet; Thence
580N05°04'15"W a distance of 1,832.77 feet; Thence
581N19°47'08"W a distance of 527.20 feet; Thence
582N26°13'22"W a distance of 802.13 feet; Thence
583S79°06'55"W a distance of 475.20 feet; Thence
584N74°19'19"W a distance of 1,689.05 feet; Thence
585N01°26'06"W a distance of 897.42 feet; Thence
586N89°51'42"W a distance of 67.91 feet; Thence
587N00°00'03"W a distance of 1,218.37 feet; Thence
588N39°50'11"W a distance of 190.86 feet; Thence
589N00°00'29"W a distance of 324.62 feet; Thence
590N89°59'52"W a distance of 688.20 feet; Thence
591N00°00'00"E a distance of 1,967.22 feet; Thence
592N41°13'25"W a distance of 2,825.17 feet; Thence
593S89°59'57"W a distance of 3,566.80 feet; Thence
594S00°00'03"E a distance of 2,799.34 feet; Thence
595S89°11'17"W a distance of 5,960.98 feet to a point
596lying 50.00 feet East of the East right-of-way line
597for State Road No. 31; Thence along a line 50.00 feet
598East of, and parallel with, the East right-of-way line
599for State Road No. 31, the following courses and
600distances: S00°48'43"E a distance of 2,976.13 feet and
601S00°34'01"W a distance of 786.25 feet; Thence
602S89°25'59"E a distance of 4,104.32 feet; Thence
603S00°01'22"E a distance of 2,084.04 feet; Thence
604S16°46'15"E a distance of 1,740.24 feet; Thence
605S09°11'59"W a distance of 1,325.85 feet; Thence
606S73°15'18"E a distance of 661.15 feet; Thence
607N59°20'29"E a distance of 577.75 feet; Thence
608S38°10'48"E a distance of 551.46 feet; Thence
609S86°25'58"E a distance of 385.80 feet; Thence
610S24°01'11"E a distance of 975.12 feet; Thence
611S57°46'34"E a distance of 530.20 feet; Thence
612S70°04'12"E a distance of 1,843.47 feet; Thence
613N63°01'21"E a distance of 1,214.99 feet; Thence
614S50°03'22"E a distance of 2,565.56 feet; Thence
615S13°56'09"W a distance of 1,953.90 feet; Thence
616S12°51'59"E a distance of 1,862.33 feet; Thence
617S71°59'01"W a distance of 448.53 feet; Thence
618N45°00'57"W a distance of 266.60 feet; Thence
619S69°50'23"W a distance of 1,104.27 feet; Thence
620S28°10'55"E a distance of 1,272.60 feet; Thence
621S62°45'03"W a distance of 4,638.30 feet; Thence
622S82°12'01"W a distance of 711.48 feet; Thence
623S81°38'00"W a distance of 5,167.82 feet; Thence
624N77°54'41"W a distance of 707.32 feet; Thence
625N89°28'15"W a distance of 299.98 feet to a point lying
62650.00 feet East of the East right-of-way line for
627State Road No. 31; Thence along a line 50.00 feet East
628of, and parallel with, the East right-of-way line for
629State Road No. 31, the following courses and
630distances: S00°31'45"W a distance of 4,197.71 feet,
631S00°26'10"W a distance of 5,282.33 feet and
632S00°36'46"W a distance of 5,337.00 feet to the Point
633of Beginning.
634
635Containing 13,630.64 acres, more or less.
636
637Bearings hereinabove mentioned are based on the North
638line of Section 6, Township 43 South, Range 26 East to
639bear S89°41'45"E.
640
641     Section 5.  Governing board; members and meetings;
642organization; powers; duties; terms of office; related election
643requirements.--
644     (1)  The board shall exercise the powers granted to the
645district pursuant to this act. The board shall consist of five
646voting members. Each voting member shall hold office for a term
647of 4 years, except as otherwise provided herein for initial
648board members, and until a successor is chosen and qualified.
649Additionally, Charlotte and Lee Counties, acting through their
650respective boards of county commissioners, are each entitled,
651but under no obligation, to appoint one person to act as a
652representative for the appointing county and liaison to the
653board. Such person may be appointed to serve as liaison to the
654board at any time after the initial landowner's meeting and may
655serve until replaced or removed by the appointing county. Only
656Charlotte and Lee Counties may appoint liaisons to the board,
657and only landowners and qualified electors may elect voting
658members to the board. All members of the board must be residents
659of the state and citizens of the United States. A board liaison
660is entitled to receive all meeting notices and board meeting
661materials in the same manner as a voting member of the board and
662shall be entitled to be heard at board meetings in the same
663manner as board members, except that such person shall not be a
664member of the governing board nor be entitled to vote.
665     (2)(a)  Within 90 days following the effective date of this
666act, there shall be held a meeting of the landowners of the
667district for the purpose of electing five members for the
668district. Notice of the landowners' meeting shall be published
669once a week for 2 consecutive weeks in a newspaper that is in
670general circulation in the area of the district, the last day of
671such publication to be not less than 14 days or more than 28
672days before the date of the election. The landowners, when
673assembled at such meeting, shall organize by electing a chair,
674who shall conduct the meeting. The chair may be any person
675present at the meeting. If the chair is a landowner or proxy
676holder of a landowner, he or she may nominate candidates and
677make and second motions. The landowners present at the meeting,
678in person or by proxy, shall constitute a quorum. At any
679landowners' meeting, 50 percent of the district acreage shall
680not be required to constitute a quorum, and each governing board
681member elected by landowners shall be elected by a majority of
682the acreage represented either by owner or proxy present and
683voting at said meeting.
684     (b)  At such meeting, each landowner shall be entitled to
685cast one vote per acre of land owned by him or her and located
686within the district for each person to be elected. A landowner
687may vote in person or by proxy in writing. Each proxy must be
688signed by one of the legal owners of the property for which the
689vote is cast and must contain the typed or printed name of the
690individual who signed the proxy; the street address, legal
691description of the property, or tax parcel identification
692number; and the number of authorized votes. If the proxy
693authorizes more than one vote, each property must be listed and
694the number of acres of each property must be included. The
695signature on a proxy need not be notarized. A fraction of an
696acre shall be treated as one acre, entitling the landowner to
697one vote with respect thereto. The two candidates receiving the
698highest number of votes shall be elected for terms expiring
699November 30, 2010, and the three candidates receiving the next
700largest number of votes shall be elected for terms expiring
701November 30, 2008, with the term of office for each successful
702candidate commencing upon election. The members of the first
703board elected by landowners shall serve their respective terms;
704however, the next election of board members shall be held on the
705first Tuesday after the first Monday in November 2008.
706Thereafter, there shall be an election by landowners for the
707district every 2 years on the first Tuesday after the first
708Monday in November, which shall be noticed pursuant to paragraph
709(a). The second and subsequent landowners' election shall be
710announced at a public meeting of the board at least 90 days
711prior to the date of the landowners' meeting and shall also be
712noticed pursuant to paragraph (a). Instructions on how all
713landowners may participate in the election, along with sample
714proxies, shall be provided during the board meeting that
715announces the landowners' meeting. Each member elected in or
716after November 2008 shall serve a 4-year term.
717     (3)(a)1.  The board may not exercise the ad valorem taxing
718power or general obligation bond power authorized by this act
719until such time as all members of the board, except for
720nonvoting members, are qualified electors who are elected by
721qualified electors of the district.
722     2.a.  Regardless of whether the district has proposed to
723levy ad valorem taxes or issue general obligation bonds, board
724members initially elected by landowners shall be elected by
725qualified electors of the district as the district becomes
726populated with qualified electors. The transition shall occur
727such that the composition of the board, after the first general
728election following a trigger of the qualified elector population
729thresholds set forth below, shall be as follows:
730     (I)  Once 4,600 qualified electors reside within the
731district, one voting board member shall be a person who was
732elected by the qualified electors, and four voting board members
733shall be persons who were elected by the landowners.
734     (II)  Once 8,900 qualified electors reside within the
735district, two voting board members shall be persons who were
736elected by the qualified electors, and three voting board
737members shall be persons elected by the landowners.
738     (III)  Once 22,000 qualified electors reside within the
739district, three voting board members shall be persons who were
740elected by the qualified electors and two voting board members
741shall be persons who were elected by the landowners.
742     (IV)  Once 24,000 qualified electors reside within the
743district, four voting board members shall be persons who were
744elected by the qualified electors and one voting board member
745shall be a person who was elected by the landowners.
746     (V)  Once 25,000 qualified electors reside within the
747district, all five voting board members shall be persons who
748were elected by the qualified electors.
749
750Nothing in this sub-subparagraph is intended to require an
751election prior to the expiration of an existing board member's
752term.
753     b.  On or before June 1 of each year, the board shall
754determine the number of qualified electors in the district as of
755the immediately preceding April 15. The board shall use and rely
756upon the official records maintained by the supervisor of
757elections and property appraiser or tax collector in and for
758Charlotte County in making this determination. Such
759determination shall be made at a properly noticed meeting of the
760board and shall become a part of the official minutes of the
761district.
762     c.  All governing board members elected by qualified
763electors shall be elected at large at an election occurring as
764provided in subsection (2) and this subsection.
765     d.  Once the district qualifies to have any of its board
766members elected by the qualified electors of the district, the
767initial and all subsequent elections by the qualified electors
768of the district shall be held at the general election in
769November. The board shall adopt a resolution if necessary to
770implement this requirement. The transition process described
771herein is intended to be in lieu of the process set forth in
772section 189.4051, Florida Statutes.
773     (b)  Elections of board members by qualified electors held
774pursuant to this subsection shall be nonpartisan and shall be
775conducted in the manner prescribed by law for holding general
776elections. Board members shall assume the office on the second
777Tuesday after their election.
778     (c)  Candidates seeking election to office by qualified
779electors under this subsection shall conduct their campaigns in
780accordance with the provisions of chapter 106, Florida Statutes,
781and shall file qualifying papers and qualify for individual
782seats in accordance with section 99.061, Florida Statutes.
783Candidates shall pay a qualifying fee, which shall consist of a
784filing fee and, if applicable, an election assessment or, as an
785alternative, shall file a petition signed by not less than 1
786percent of the registered voters of the district, and take the
787oath required in section 99.021, Florida Statutes, with the
788supervisor of elections in the county affected by such
789candidacy. The amount of the filing fee is 3 percent of $4,800;
790however, if the electors have provided for compensation, the
791amount of the filing fee is 3 percent of the maximum annual
792compensation so provided. The filing fee and election
793assessment, if applicable, shall be distributed as provided in
794section 105.031(3), Florida Statutes.
795     (d)  The supervisor of elections shall appoint the
796inspectors and clerks of elections, prepare and furnish the
797ballots, designate polling places, and canvass the returns of
798the election of board members by qualified electors. The county
799canvassing board shall declare and certify the results of the
800election.
801     (4)  Voting members of the board shall be public officers,
802shall be known as members and, upon entering into office, shall
803take and subscribe to the oath of office as prescribed by
804section 876.05, Florida Statutes. Voting members of the board
805shall be subject to ethics and conflict of interest laws of the
806state that apply to all local public officers. Voting members of
807the board shall hold office for the terms for which they were
808elected and until their successors are chosen and qualified. If,
809during the term of office, a voting member vacancy occurs, the
810remaining voting members of the board shall fill each vacancy by
811an appointment for the remainder of the unexpired term.
812     (5)  Any member of the board may be removed by the Governor
813for malfeasance, misfeasance, dishonesty, incompetency, or
814failure to perform the duties imposed upon him or her by this
815act, and any vacancies that may occur in such office for such
816reasons shall be filled by the Governor as soon as practicable.
817     (6)  A majority of the voting members of the board
818constitutes a quorum for the purposes of conducting its business
819and exercising its powers and for all other purposes. Action
820taken by the district shall be upon a vote of a majority of the
821voting members present unless general law or a rule of the
822district requires a greater number.
823     (7)  As soon as practicable after each election or
824appointment, the board shall organize by electing one of its
825voting members as chair and by electing a secretary, who need
826not be a member of the board, and such other officers as the
827board may deem necessary.
828     (8)  The board shall keep a permanent record book entitled
829"Record of Proceedings of Babcock Ranch Community Independent
830Special District," in which shall be recorded minutes of all
831meetings, resolutions, proceedings, certificates, bonds given by
832all employees, and any and all corporate acts. The record book
833and all other district records shall at reasonable times be
834opened to inspection in the same manner as state, county, and
835municipal records pursuant to chapter 119, Florida Statutes. The
836record book shall be kept at the office or other regular place
837of business maintained by the board in a designated location in
838Charlotte County.
839     (9)  Each voting member of the board shall be entitled to
840receive for his or her services an amount not to exceed $200 per
841meeting of the board, not to exceed $4,800 per year per member,
842or an amount established by the electors at referendum. In
843addition, each voting member of the board shall receive travel
844and per diem expenses as set forth in section 112.061, Florida
845Statutes.
846     (10)  All meetings of the board shall be open to the public
847and governed by the provisions of chapter 286, Florida Statutes.
848     Section 6.  Governing board; general duties.--
849     (1)  DISTRICT MANAGER AND EMPLOYEES.--The board shall
850employ and fix the compensation of a district manager, who shall
851have charge and supervision of the works of the district and
852shall be responsible for preserving and maintaining any
853improvement or facility constructed or erected pursuant to the
854provisions of this act, for maintaining and operating the
855equipment owned by the district, and for performing such other
856duties as may be prescribed by the board. It shall not be a
857conflict of interest under chapter 112, Florida Statutes, for a
858board member, the district manager, or another employee of the
859district to be a stockholder, officer, or employee of a
860landowner. The district manager may hire or otherwise employ and
861terminate the employment of such other persons, including,
862without limitation, professional, supervisory, and clerical
863employees, as may be necessary and authorized by the board. The
864compensation and other conditions of employment of the officers
865and employees of the district shall be as provided by the board.
866     (2)  TREASURER.--The board shall designate a person who is
867a resident of the state as treasurer of the district, who shall
868have charge of the funds of the district. Such funds shall be
869disbursed only upon the order of or pursuant to a resolution of
870the board by warrant or check countersigned by the treasurer and
871by such other person as may be authorized by the board. The
872board may give the treasurer such other or additional powers and
873duties as the board may deem appropriate and may fix his or her
874compensation. The board may require the treasurer to give a bond
875in such amount, on such terms, and with such sureties as may be
876deemed satisfactory to the board to secure the performance by
877the treasurer of his or her powers and duties. The financial
878records of the board shall be audited by an independent
879certified public accountant at least once a year.
880     (3)  PUBLIC DEPOSITORY.--The board is authorized to select
881as a depository for its funds any qualified public depository as
882defined in section 280.02, Florida Statutes, that meets all the
883requirements of chapter 280, Florida Statutes, and has been
884designated by the treasurer as a qualified public depository
885upon such terms and conditions as to the payment of interest by
886such depository upon the funds so deposited as the board may
887deem just and reasonable.
888     (4)  BUDGET; REPORTS AND REVIEWS.--
889     (a)  The district shall provide financial reports in such
890form and manner as prescribed pursuant to this act and chapter
891218, Florida Statutes.
892     (b)  On or before July 15 of each year, the district
893manager shall prepare a proposed budget for the ensuing fiscal
894year to be submitted to the board for board approval. The
895proposed budget shall include at the direction of the board an
896estimate of all necessary expenditures of the district for the
897ensuing fiscal year and an estimate of income to the district
898from the taxes and assessments provided in this act. The board
899shall consider the proposed budget item by item and may either
900approve the budget as proposed by the district manager or modify
901the same in part or in whole. The board shall indicate its
902approval of the budget by resolution, which resolution shall
903provide for a hearing on the budget as approved. Notice of the
904hearing on the budget shall be published in a newspaper of
905general circulation in the area of the district once a week for
9062 consecutive weeks, except that the first publication shall be
907not fewer than 15 days prior to the date of the hearing. The
908notice shall further contain a designation of the day, time, and
909place of the public hearing. At the time and place designated in
910the notice, the board shall hear all objections to the budget as
911proposed and may make such changes as the board deems necessary.
912At the conclusion of the budget hearing, the board shall, by
913resolution, adopt the budget as finally approved by the board.
914The budget shall be adopted prior to October 1 of each year.
915     (c)  At least 60 days prior to adoption, the board of the
916district shall submit to the Charlotte County Board of County
917Commissioners, for purposes of disclosure and information only,
918the proposed annual budget for the ensuing fiscal year, and the
919board of county commissioners may submit written comments to the
920board of the district solely for the assistance and information
921of the board of the district in adopting its annual district
922budget.
923     (d)  The board of the district shall submit annually to the
924Charlotte County Board of County Commissioners its district
925public facilities report under section 189.415(2), Florida
926Statutes, which report the board of county commissioners shall
927use and rely on in the preparation or revision of its
928comprehensive plan, specifically under section 189.415(6),
929Florida Statutes.
930     (5)  DISCLOSURE OF PUBLIC FINANCING.--The district shall,
931in accordance with all applicable general law, provide for the
932full disclosure of information relating to the public financing
933and maintenance of improvements to real property undertaken by
934the district. Such information shall be made available to all
935existing residents and all prospective residents of the
936district. The district shall furnish each developer of a
937residential development within the district with sufficient
938copies of that information to provide each prospective initial
939purchaser of property in that development with a copy. Any
940developer of a residential development within the district, when
941required by law to provide a public offering statement, shall
942include a copy of such information relating to the public
943financing and maintenance of improvements in the public offering
944statement. The Division of Florida Land Sales, Condominiums, and
945Mobile Homes of the Department of Business and Professional
946Regulation shall ensure that disclosures made by developers
947pursuant to chapter 498, Florida Statutes, meet the requirements
948of section 190.009(1), Florida Statutes.
949     (6)  GENERAL POWERS.--The district shall have, and the
950board may exercise, the following general powers:
951     (a)  To sue and be sued in the name of the district; to
952adopt and use a seal and authorize the use of a facsimile
953thereof; to acquire, by purchase, gift, devise, or otherwise,
954and to dispose of, real and personal property, or any estate
955therein; and to make and execute contracts and other instruments
956necessary or convenient to the exercise of its powers.
957     (b)  To apply for coverage of its employees under the
958Florida Retirement System in the same manner as if such
959employees were state employees, subject to necessary action by
960the district to pay employer contributions into the Florida
961Retirement System Trust Fund.
962     (c)  To contract for the services of consultants to perform
963planning, engineering, legal, or other appropriate services of a
964professional nature. Such contracts shall be subject to public
965bidding or competitive negotiation requirements as set forth in
966general law applicable to independent special districts.
967     (d)  To borrow money and accept gifts; to apply for and use
968grants or loans of money or other property from the United
969States, the state, a unit of local government, or any person for
970any district purposes and enter into agreements required in
971connection therewith; and to hold, use, and dispose of such
972moneys or property for any district purposes in accordance with
973the terms of the gift, grant, loan, or agreement relating
974thereto.
975     (e)  To adopt and enforce rules and orders pursuant to the
976provisions of chapter 120, Florida Statutes, prescribing the
977powers, duties, and functions of the officers of the district;
978the conduct of the business of the district; the maintenance of
979records; and the form of certificates evidencing tax liens and
980all other documents and records of the district. The board may
981also adopt and enforce administrative rules with respect to any
982of the projects of the district and define the area to be
983included therein. The board may also adopt resolutions that may
984be necessary for the conduct of district business.
985     (f)  To maintain an office at such place or places as the
986board designates in Charlotte County, and within the district
987when facilities are available.
988     (g)  To hold, control, and acquire by donation or purchase,
989or dispose of, any public easements, dedications to public use,
990platted reservations for public purposes, or any reservations
991for those purposes authorized by this act and to make use of
992such easements, dedications, or reservations for the purposes
993authorized by this act.
994     (h)  To lease as lessor or lessee to or from any person,
995firm, corporation, association, or body, public or private, any
996projects of the type that the district is authorized to
997undertake and facilities or property of any nature for the use
998of the district to carry out the purposes authorized by this
999act.
1000     (i)  To borrow money and issue bonds, certificates,
1001warrants, notes, or other evidence of indebtedness as
1002hereinafter provided; to levy such taxes and assessments as may
1003be authorized; and to charge, collect, and enforce fees and
1004other user charges.
1005     (j)  To raise, by user charges or fees authorized by
1006resolution of the board, amounts of money necessary for the
1007conduct of district activities and services and to enforce their
1008receipt and collection in the manner prescribed by resolution
1009not inconsistent with law.
1010     (k)  To cooperate with, or contract with, other
1011governmental agencies as may be necessary, convenient,
1012incidental, or proper in connection with any of the powers,
1013duties, or purposes authorized by this act.
1014     (l)  To assess and to impose upon lands in the district ad
1015valorem taxes as provided by this act.
1016     (m)  If and when authorized by general law, to determine,
1017order, levy, impose, collect, and enforce maintenance taxes.
1018     (n)  To determine, order, levy, impose, collect, and
1019enforce assessments pursuant to this act and the general laws of
1020the state.
1021     (o)  To hold, control and acquire by donation, purchase, or
1022condemnation (subject to the limitation on the district's
1023eminent domain powers as set forth below), or dispose of, any
1024public easements, dedications to public use, platted
1025reservations for public purposes, or any reservations for those
1026purposes authorized by this act, both within and outside the
1027boundaries of the district, and to make use of such easements,
1028dedications, or reservations for the purposes authorized by this
1029act.
1030     (p)  To exercise within the district, or beyond the
1031district with prior approval by resolution of the governing body
1032of the county in which the taking will occur, the right and
1033power of eminent domain, pursuant to the provisions of chapters
103473 and 74, Florida Statutes, over any property within the state,
1035except municipal, county, state, and federal property, for the
1036uses and purposes of the district relating solely to water,
1037sewer, transportation improvements as outlined in subsection
1038(7), and water management, specifically including, without
1039limitation, the power for the taking of easements for the
1040drainage of the land of one person over and through the land of
1041another.
1042     (q)  To exercise such special powers and other express
1043powers as may be authorized and granted by this act in the
1044charter of the district, including powers as provided in any
1045interlocal agreement entered into pursuant to chapter 163,
1046Florida Statutes, or that shall be required or permitted to be
1047undertaken by the district pursuant to any development order or
1048development of regional impact, or any other agreement with
1049Charlotte County or other governmental entities, including,
1050without limitation, any school district, sheriff, fire district,
1051drainage district, and health care district for proportionate,
1052fair-share, or pipelining capital construction funding for any
1053certain capital facilities or systems required from the
1054development pursuant to any applicable development order or
1055agreement.
1056     (r)  To exercise all of the powers necessary, convenient,
1057incidental, or proper in connection with any other powers or
1058duties or the special purpose of the district authorized by this
1059act.
1060     (s)  To carry out any conditions of any development
1061approval, development order, or agreement applicable to the
1062development of the Babcock Ranch Community that relates to the
1063provisions of infrastructure, including roads and other on-site
1064and off-site improvements and any surety obligations relating
1065thereto.
1066
1067The provisions of this subsection shall be construed liberally
1068in order to carry out effectively the specialized purpose of
1069this act.
1070     (7)  SPECIAL POWERS.--The district shall have, and the
1071board may exercise, the following special powers to implement
1072its lawful and special purpose and to provide, pursuant to that
1073purpose, systems, facilities, services, improvements, projects,
1074works, and infrastructure, each of which constitutes a lawful
1075public purpose when exercised pursuant to this charter, subject
1076to, and not inconsistent with, the regulatory jurisdiction and
1077permitting authority of all other applicable governmental
1078bodies, agencies, and any special districts having authority
1079with respect to any area included therein, and to plan,
1080establish, acquire, construct or reconstruct, enlarge or extend,
1081equip, operate, finance, fund, and maintain improvements,
1082systems, facilities, services, works, projects, and
1083infrastructure, including, without limitation, any obligations
1084pursuant to a development order or agreement. Any or all of the
1085following special powers are granted by this act in order to
1086implement the special purpose of the district:
1087     (a)  To provide water management and control for the lands
1088within the district and to connect some or any of such
1089facilities with roads and bridges. In the event that the board
1090assumes the responsibility for providing water management and
1091control for the district that is to be financed by benefit
1092special assessments, the board shall adopt plans and assessments
1093pursuant to law or may adopt water management and control plans,
1094assess for benefits, and apportion and levy special assessments,
1095as follows:
1096     1.  The board shall cause to be made by the district's
1097engineer, or such other engineer or engineers as the board may
1098employ for that purpose, complete and comprehensive water
1099management and control plans for the lands located within the
1100district that will be improved in any part or in whole by any
1101system of facilities that may be outlined and adopted, and the
1102engineer shall make a report in writing to the board with maps
1103and profiles of said surveys and an estimate of the cost of
1104carrying out and completing the plans.
1105     2.  Upon the completion of such plans, the board shall hold
1106a hearing thereon to hear objections thereto; shall give notice
1107of the time and place fixed for such hearing by publication once
1108each week for 2 consecutive weeks in a newspaper of general
1109circulation in the general area of the district; and shall
1110permit the inspection of the plan at the office of the district
1111by all persons interested. All objections to the plan shall be
1112filed at or before the time fixed in the notice for the hearing
1113and shall be in writing.
1114     3.  After the hearing, the board shall consider the
1115proposed plan and any objections thereto and may modify, reject,
1116or adopt the plan or continue the hearing until a day certain
1117for further consideration of the proposed plan or modifications
1118thereof.
1119     4.  When the board approves a plan, a resolution shall be
1120adopted and a certified copy thereof shall be filed in the
1121office of the secretary and incorporated by him or her into the
1122records of the district.
1123     5.  The water management and control plan may be altered in
1124detail from time to time until the appraisal record herein
1125provided is filed but not in such manner as to affect materially
1126the conditions of its adoption. After the appraisal record has
1127been filed, no alteration of the plan shall be made, except as
1128provided by this act.
1129     6.  Within 20 days after the final adoption of the plan by
1130the board, the board shall proceed pursuant to section 298.301,
1131Florida Statutes.
1132     (b)  To provide for water supply, sewer, and wastewater
1133management, reclamation, and reuse, or any combination thereof,
1134and any irrigation systems, facilities, and services and to
1135construct and operate connecting intercepting or outlet sewers
1136and sewer mains and pipes and water mains, conduits, or
1137pipelines in, along, and under any street, alley, highway, or
1138other public place or ways, and to dispose of any effluent,
1139residue, or other byproducts of such system or sewer system.
1140     1.  The district may not purchase or sell a water, sewer,
1141or wastewater reuse utility that provides service to the public
1142for compensation, or enter into a wastewater facility
1143privatization contract for a wastewater facility, until the
1144governing body of the district has held a public hearing on the
1145purchase, sale, or wastewater facility privatization contract
1146and made a determination that the purchase, sale, or wastewater
1147facility privatization contract is in the public interest.
1148     2.  In determining if the purchase, sale, or wastewater
1149facility privatization contract is in the public interest, the
1150district shall consider, at a minimum, the following:
1151     a.  The most recent available income and expense statement
1152for the utility.
1153     b.  The most recent available balance sheet for the
1154utility, listing assets and liabilities and clearly showing the
1155amount of contributions in aid of construction and the
1156accumulated depreciation thereon.
1157     c.  A statement of the existing rate base of the utility
1158for regulatory purposes.
1159     d.  The physical condition of the utility facilities being
1160purchased or sold or subject to a wastewater facility
1161privatization contract.
1162     e.  The reasonableness of the purchase, sale, or wastewater
1163facility privatization contract price and terms.
1164     f.  The impacts of the purchase, sale, or wastewater
1165facility privatization contract on utility customers, both
1166positive and negative.
1167     g.  Any additional investment required and the ability and
1168willingness of the purchaser or the private firm under a
1169wastewater facility privatization contract to make that
1170investment, whether the purchaser is the district or the entity
1171purchasing the utility from the district.
1172     h.  In the case of a wastewater facility privatization
1173contract, the terms and conditions on which the private firm
1174will provide capital investment and financing or a combination
1175thereof for contemplated capital replacements, additions,
1176expansions, and repairs.
1177     i.  The alternatives to the purchase, sale, or wastewater
1178facility privatization contract and the potential impact on
1179utility customers if the purchase, sale, or wastewater facility
1180privatization contract is not made.
1181     j.  The ability of the purchaser or the private firm under
1182a wastewater facility privatization contract to provide and
1183maintain high-quality and cost-effective utility service,
1184whether the purchaser is the district or the entity purchasing
1185the utility from the district.
1186     k.  In the case of a wastewater facility privatization
1187contract, the district shall give significant weight to the
1188technical expertise and experience of the private firm in
1189carrying out the obligations specified in the wastewater
1190facility privatization contract.
1191     1.  All moneys paid by a private firm to a district
1192pursuant to a wastewater facility privatization contract shall
1193be used for the purpose of reducing or offsetting property
1194taxes, wastewater service rates, or debt reduction or making
1195infrastructure improvements or capital asset expenditures or
1196other public purpose, provided, however, that nothing herein
1197shall preclude the district from using all or part of the moneys
1198for the purpose of the district's qualification for relief from
1199the repayment of federal grant awards associated with the
1200wastewater system as may be required by federal law or
1201regulation. The district shall prepare a statement showing that
1202the purchase, sale, or wastewater facility privatization
1203contract is in the public interest, including a summary of the
1204purchaser's or private firm's experience in water, sewer, or
1205wastewater reuse utility operation and a showing of financial
1206ability to provide the service, whether the purchaser or private
1207firm is the district or the entity purchasing the utility from
1208the district.
1209     (c)  To provide for bridges or culverts that may be needed
1210across any drain, ditch, canal, floodway, holding basin,
1211excavation, public highway, tract, grade, fill, or cut and
1212roadways over levees and embankments, and to construct any and
1213all of such works and improvements across, through, or over any
1214public right-of-way, highway, grade, fill, or cut.
1215     (d)  To provide for transportation and transportation-
1216related improvements equal to or exceeding the specifications of
1217the county in which such transportation improvements are
1218located, which specifications may include, but not be limited
1219to, those outlined in conditions of development approval. Such
1220transportation and transportation-related improvements may
1221include, but are not limited to, highways, streets, roads,
1222alleys, trails, pathways, sidewalks, parkways, bicycle lanes,
1223jogging paths, interchanges, bridges, thoroughfares of all kinds
1224and descriptions, landscaping, hardscaping, irrigation, storm
1225drains, street lighting, traffic signals, regulatory or
1226informational signage, road striping, underground conduit,
1227underground cable or fiber or wire, parking facilities, and all
1228other related elements of a functioning transportation system in
1229general or as related to the conditions of a development
1230approval affecting the Babcock Ranch Community. Such
1231transportation improvements may be located on-site or off-site;
1232provided, however, that any off-site transportation improvements
1233must be required or approved by the local general purpose
1234government in which they are located.
1235     (e)  To provide buses, trolleys, transit shelters and
1236services, ridesharing facilities and services, parking
1237improvements, and related signage.
1238     (f)  To provide investigation and remediation costs
1239associated with the cleanup of actual or perceived environmental
1240contamination within the district under the supervision or
1241direction of a competent governmental authority unless the
1242covered costs benefit any person who is a landowner within the
1243district and who caused or contributed to the contamination.
1244     (g)  To provide for observation areas, conservation areas,
1245mitigation areas, wildlife areas and wildlife habitat within or
1246outside the district, including the maintenance of any plant or
1247animal species, and any related interest in real or personal
1248property.
1249     (h)  To provide for parks and facilities for indoor and
1250outdoor recreational, cultural, educational, and library uses.
1251     (i)  To provide for fire prevention and control, including
1252fire stations, water mains and plugs, fire trucks, and other
1253vehicles and equipment.
1254     (j)  To establish and maintain emergency medical and rescue
1255response services, and acquire and maintain rescue, medical, and
1256other emergency equipment.
1257     (k)  To provide for school buildings and related
1258structures, which may be leased, sold, or donated to the school
1259district, for use in the educational system when authorized by
1260the affected school board. The district is granted the special
1261power to contract with the school boards of Charlotte and Lee
1262counties and, as applicable, the boards of county commissioners
1263of Charlotte and Lee Counties, and with the applicable landowner
1264developer of the lands within the district, to assess the school
1265district educational facilities plan, and to implement a
1266management and financing plan for timely construction,
1267maintenance, and acquisition, at the option of the district, of
1268school facilities, including facilities identified in the
1269facilities work programs or those proposed by charter schools.
1270The district is granted the special power to determine, order,
1271levy, impose, collect, or arrange for the collection and
1272enforcement of assessments, as defined in and pursuant to this
1273act, for such school facilities. The district is eligible for
1274the financial enhancements available to educational facility
1275benefit districts to provide for financing the construction and
1276maintenance of educational facilities pursuant to section
12771013.356, Florida Statutes, and, if and when authorized by
1278general law, to acquire such educational facilities. This act,
1279in the place of an educational facilities benefit district,
1280authorizes the affected school board to designate the district.
1281The district is authorized to enter into an interlocal agreement
1282with the affected school board and, as applicable, the affected
1283county, and applicable private landowners and developers in
1284order to provide for such construction, maintenance, and
1285acquisition and in order to receive the applicable financial
1286enhancements provided by section 1013.356, Florida Statutes. The
1287interlocal agreement shall consider, among other things,
1288absorption rates, sales rates, and related data of existing and
1289projected schools; racial, ethnic, social, and economic balance
1290within the affected school district under applicable state and
1291federal law; and the provision of school attendance zones to
1292allow students residing within a reasonable distance of the
1293facilities constructed and financed through the interlocal
1294agreement to attend such facilities. Because these facilities
1295are funded by assessments and not by taxes of any type, the
1296provision of these facilities may be multiuse and, consistent
1297with the provisions of this act, shall be first liens on the
1298property upon a showing of special and peculiar benefits that
1299flow to the property within the jurisdiction of the district as
1300a logical connection from the systems, facilities, and services,
1301resulting in added use, enhanced enjoyment, decreased insurance
1302premiums, or enhanced value in marketability so that the
1303Legislature finds that the provisions of the Florida
1304Constitution for free public schools is implemented and
1305enhanced. Nothing herein requires any change in the method of
1306election of the governing board of the district provided for in
1307section 5.
1308     (l)  To provide for security, including, but not limited
1309to, guardhouses, fences, and gates, electronic intrusion-
1310detection systems, and patrol cars, when authorized by proper
1311governmental agencies; provided, however, the district may not
1312exercise any powers of a law enforcement agency but may contract
1313with the appropriate local general-purpose government agencies
1314for an increased level of such services within the district
1315boundaries. The district may operate guardhouses for the limited
1316purpose of providing security for the residents of the district
1317and that serve a predominate public, as opposed to private,
1318purpose. Such guardhouses shall be operated by the district or
1319any other unit of local government pursuant to procedures
1320designed to serve such security purposes as set forth in rules
1321adopted by the board, from time to time, following the
1322procedures set forth in chapter 120, Florida Statutes.
1323     (m)  To provide control and elimination of mosquitoes and
1324other arthropods of public health importance.
1325     (n)  To provide waste collection and disposal.
1326     (o)  To enter into impact fee credit agreements with
1327Charlotte and Lee Counties and their respective school boards.
1328Under such agreements, if the district constructs or makes
1329contributions for public systems, facilities, services,
1330projects, improvements, works, and infrastructures for which
1331impact fee credits would be available to the landowner developer
1332under the applicable impact fee ordinance, the agreement
1333authorized by this act shall provide that such impact fee credit
1334shall inure to the landowners within the district in proportion
1335to assessments or other burdens levied and imposed upon the
1336landowners with respect to assessable improvements giving rise
1337to such impact fee credits, and the district shall from time to
1338time execute such instruments, such as assignments of impact fee
1339credits, as may be necessary, appropriate, or desirable to
1340accomplish or to confirm the foregoing.
1341     (p)  To provide buildings and structures for district
1342offices, maintenance facilities, meeting facilities, town
1343centers, or any other project authorized or granted by this act.
1344     (q)  To establish and create, at noticed meetings, such
1345governmental departments of the governing board of the district,
1346as well as committees, task forces, boards, or commissions, or
1347other agencies under the supervision and control of the
1348district, as from time to time the members of the board may deem
1349necessary or desirable in the performance of the acts or other
1350things necessary to exercise the board's general or special
1351powers to implement an innovative project to carry out the
1352special purpose of the district as provided in this act and to
1353delegate the exercise of its powers to such departments, boards,
1354task forces, committees, or other agencies and such
1355administrative duties and other powers as the board may deem
1356necessary or desirable, but only if there is a set of expressed
1357limitations for accountability, notice, and periodic written
1358reporting to the board that shall retain the powers of the
1359board.
1360     (r)  To provide for any facilities or improvements that may
1361otherwise be provided for by any county or municipality,
1362including, but not limited to, libraries, annexes, substations,
1363and other buildings to house public officials, staff, and
1364employees.
1365     (s)  To provide for affordable housing and affordable
1366housing assistance in accordance with section 189.4155(6),
1367Florida Statutes, and other provisions of general law.
1368     (t)  To provide for the construction and operation of
1369communications systems and related infrastructure for the
1370carriage and distribution of communications services, and to
1371enter into joint ventures, public-private partnerships, and
1372other agreements and to grant such easements as may be necessary
1373to accomplish the foregoing. Communications systems shall mean
1374all facilities, buildings, equipment, items, and methods
1375necessary or desirable in order to provide communications
1376services, including, without limitation, wires, cables,
1377conduits, wireless cell sites, computers, modems, satellite
1378antennae sites, transmission facilities, network facilities, and
1379appurtenant devices necessary and appropriate to support the
1380provision of communications services. Communications services
1381includes without limitation internet, voice telephone or similar
1382services provided by voice over internet protocol, cable
1383television, data transmission services, electronic security
1384monitoring services, and multi-channel video programming
1385distribution services.
1386     (u)  To provide electricity and related infrastructure and
1387to enter into public-private partnerships and agreements as may
1388be necessary to accomplish the foregoing.
1389     (v)  To provide health care facilities and to enter into
1390public-private partnerships and agreements as may be necessary
1391to accomplish the foregoing.
1392     (w)  To coordinate, work with, and, as the board deems
1393appropriate, enter into interlocal agreements with any public or
1394private entity for the provision of an institution or
1395institutions of higher education.
1396     (x)  To exercise its general and special powers as set
1397forth in this act within or without the boundaries of the
1398district when the subject of such exercise is approved or
1399required by a development order, or is the subject of an
1400agreement with the county, school district, or with any other
1401applicable public or private entity, and is not inconsistent
1402with the effective local comprehensive plans.
1403
1404The enumeration of special powers herein shall not be deemed
1405exclusive or restrictive but shall be deemed to incorporate all
1406powers, express or implied, necessary or incident to carrying
1407out such enumerated special powers, including the general powers
1408provided by this special act charter to the district to
1409implement its single purpose. Further, the provisions of this
1410subsection shall be construed liberally in order to carry out
1411effectively the special purpose of this district under this act.
1412However, nothing contained herein shall relieve the district of
1413its obligation to obtain a resolution from the affected county
1414prior to exercising its eminent domain authority outside of the
1415district boundaries pursuant to section 6.
1416     (8)  ISSUANCE OF BOND ANTICIPATION NOTES.--In addition to
1417the other powers provided for in this act, and not in limitation
1418thereof, the district shall have the power, at any time and from
1419time to time after the issuance of any bonds of the district
1420shall have been authorized, to borrow money for the purposes for
1421which such bonds are to be issued in anticipation of the receipt
1422of the proceeds of the sale of such bonds and to issue bond
1423anticipation notes in a principal sum not in excess of the
1424authorized maximum amount of such bond issue. Such notes shall
1425be in such denomination or denominations, bear interest at such
1426rate as the board may determine not to exceed the maximum rate
1427allowed by general law, mature at such time or times not later
1428than 5 years from the date of issuance, and be in such form and
1429executed in such manner as the board shall prescribe. Such notes
1430may be sold at either public or private sale or, if such notes
1431shall be renewal notes, may be exchanged for notes then
1432outstanding on such terms as the board shall determine. Such
1433notes shall be paid from the proceeds of such bonds when issued.
1434The board may, in its discretion, in lieu of retiring the notes
1435by means of bonds, retire them by means of current revenues or
1436from any taxes or assessments levied for the payment of such
1437bonds, but, in such event, a like amount of the bonds authorized
1438shall not be issued.
1439     (9)  BORROWING.--The district at any time may obtain loans,
1440in such amount and on such terms and conditions as the board may
1441approve, for the purpose of paying any of the expenses of the
1442district or any costs incurred or that may be incurred in
1443connection with any of the projects of the district, which loans
1444shall bear interest as the board determines, not to exceed the
1445maximum rate allowed by general law, and may be payable from and
1446secured by a pledge of such funds, revenues, taxes, and
1447assessments as the board may determine, subject, however, to the
1448provisions contained in any proceeding under which bonds were
1449theretofore issued and are then outstanding. For the purpose of
1450defraying such costs and expenses, the district may issue
1451negotiable notes, warrants, or other evidences of debt to be
1452payable at such times and to bear such interest as the board may
1453determine, not to exceed the maximum rate allowed by general
1454law, and to be sold or discounted at such price or prices not
1455less than 95 percent of par value and on such terms as the board
1456may deem advisable. The board shall have the right to provide
1457for the payment thereof by pledging the whole or any part of the
1458funds, revenues, taxes, and assessments of the district. The
1459approval of the electors residing in the district shall not be
1460necessary except when required by the State Constitution.
1461     (10)  BONDS.--
1462     (a)  Sale of bonds.--Bonds may be sold in blocks or
1463installments at different times, or an entire issue or series
1464may be sold at one time. Bonds may be sold at public or private
1465sale after such advertisement, if any, as the board may deem
1466advisable but not in any event at less than 90 percent of the
1467par value thereof, together with accrued interest thereon. Bonds
1468may be sold or exchanged for refunding bonds. Special assessment
1469and revenue bonds may be delivered by the district as payment of
1470the purchase price of any project or part thereof, or a
1471combination of projects or parts thereof, or as the purchase
1472price or exchange for any property, real, personal, or mixed,
1473including franchises or services rendered by any contractor,
1474engineer, or other person, all at one time or in blocks from
1475time to time, in such manner and upon such terms as the board in
1476its discretion shall determine. The price or prices for any
1477bonds sold, exchanged, or delivered may be:
1478     1.  The money paid for the bonds.
1479     2.  The principal amount, plus accrued interest to the date
1480of redemption or exchange, or outstanding obligations exchanged
1481for refunding bonds.
1482     3.  In the case of special assessment or revenue bonds, the
1483amount of any indebtedness to contractors or other persons paid
1484with such bonds, or the fair value of any properties exchanged
1485for the bonds, as determined by the board.
1486     (b)  Authorization and form of bonds.--Any general
1487obligation bonds, special assessment bonds, or revenue bonds may
1488be authorized by resolution or resolutions of the board that
1489shall be adopted by a majority of all the voting members thereof
1490then in office. Such resolution or resolutions may be adopted at
1491the same meeting at which they are introduced and need not be
1492published or posted. The board may, by resolution, authorize the
1493issuance of bonds and fix the aggregate amount of bonds to be
1494issued; the purpose or purposes for which the moneys derived
1495therefrom shall be expended, including, but not limited to,
1496payment of costs as defined in this act; the rate or rates of
1497interest, not to exceed the maximum rate allowed by general law;
1498the denomination of the bonds; whether or not the bonds are to
1499be issued in one or more series; the date or dates of maturity,
1500which shall not exceed 40 years from their respective dates of
1501issuance; the medium of payment; the place or places within or
1502without the state at which payment shall be made; registration
1503privileges; redemption terms and privileges, whether with or
1504without premium; the manner of execution; the form of the bonds,
1505including any interest coupons to be attached thereto; the
1506manner of execution of bonds and coupons; and any and all other
1507terms, covenants, and conditions thereof and the establishment
1508of revenue or other funds. Such authorizing resolution or
1509resolutions may further provide for the contracts authorized by
1510section 159.825(1)(f) and (g), Florida Statutes, regardless of
1511the tax treatment of such bonds being authorized, subject to the
1512finding by the board of a net saving to the district resulting
1513by reason thereof. Such authorizing resolution may further
1514provide that such bonds may be executed in accordance with the
1515Registered Public Obligations Act, except that bonds not issued
1516in registered form shall be valid if manually countersigned by
1517an officer designated by appropriate resolution of the board.
1518The seal of the district may be affixed, lithographed, engraved,
1519or otherwise reproduced in facsimile on such bonds. In case any
1520officer whose signature shall appear on any bonds or coupons
1521shall cease to be such officer before the delivery of such
1522bonds, such signature or facsimile shall nevertheless be valid
1523and sufficient for all purposes the same as if he or she had
1524remained in office until such delivery.
1525     (c)  Interim certificates; replacement
1526certificates.--Pending the preparation of definitive bonds, the
1527board may issue interim certificates or receipts or temporary
1528bonds, in such form and with such provisions as the board may
1529determine, exchangeable for definitive bonds when such bonds
1530have been executed and are available for delivery. The board may
1531also provide for the replacement of any bonds that become
1532mutilated, lost, or destroyed.
1533     (d)  Negotiability of bonds.--Any bond issued under this
1534act or any temporary bond, in the absence of an express recital
1535on the face thereof that it is nonnegotiable, shall be fully
1536negotiable and shall be and constitute a negotiable instrument
1537within the meaning and for all purposes of the law merchant and
1538the laws of the state.
1539     (e)  Defeasance.--The board may make such provision with
1540respect to the defeasance of the right, title, and interest of
1541the holders of any of the bonds and obligations of the district
1542in any revenues, funds, or other properties by which such bonds
1543are secured as the board deems appropriate and, without
1544limitation on the foregoing, may provide that when such bonds or
1545obligations become due and payable or shall have been called for
1546redemption and the whole amount of the principal and interest
1547and premium, if any, due and payable upon the bonds or
1548obligations then outstanding shall be held in trust for such
1549purpose, and provision shall also be made for paying all other
1550sums payable in connection with such bonds or other obligations,
1551then and in such event the right, title, and interest of the
1552holders of the bonds in any revenues, funds, or other properties
1553by which such bonds are secured shall thereupon cease,
1554terminate, and become void; and the board may apply any surplus
1555in any sinking fund established in connection with such bonds or
1556obligations and all balances remaining in all other funds or
1557accounts other than moneys held for the redemption or payment of
1558the bonds or other obligations to any lawful purpose of the
1559district as the board shall determine.
1560     (f)  Issuance of additional bonds.--If the proceeds of any
1561bonds are less than the cost of completing the project in
1562connection with which such bonds were issued, the board may
1563authorize the issuance of additional bonds, upon such terms and
1564conditions as the board may provide in the resolution
1565authorizing the issuance thereof, but only in compliance with
1566the resolution or other proceedings authorizing the issuance of
1567the original bonds.
1568     (g)  Refunding bonds.--The district shall have the power to
1569issue bonds to provide for the retirement or refunding of any
1570bonds or obligations of the district that at the time of such
1571issuance are or subsequent thereto become due and payable, or
1572that at the time of issuance have been called or are or will be
1573subject to call for redemption within 10 years thereafter, or
1574the surrender of which can be procured from the holders thereof
1575at prices satisfactory to the board. Refunding bonds may be
1576issued at any time that in the judgment of the board such
1577issuance will be advantageous to the district. No approval of
1578the qualified electors residing in the district shall be
1579required for the issuance of refunding bonds except in cases in
1580which such approval is required by the State Constitution. The
1581board may by resolution confer upon the holders of such
1582refunding bonds all rights, powers, and remedies to which the
1583holders would be entitled if they continued to be the owners and
1584had possession of the bonds for the refinancing of which such
1585refunding bonds are issued, including, but not limited to, the
1586preservation of the lien of such bonds on the revenues of any
1587project or on pledged funds, without extinguishment, impairment,
1588or diminution thereof. The provisions of this act pertaining to
1589bonds of the district shall, unless the context otherwise
1590requires, govern the issuance of refunding bonds, the form and
1591other details thereof, the rights of the holders thereof, and
1592the duties of the board with respect to them.
1593     (h)  Revenue bonds.--
1594     1.  The district shall have the power to issue revenue
1595bonds from time to time without limitation as to amount. Such
1596revenue bonds may be secured by, or payable from, the gross or
1597net pledge of the revenues to be derived from any project or
1598combination of projects; from the rates, fees, or other charges
1599to be collected from the users of any project or projects; from
1600any revenue-producing undertaking or activity of the district;
1601from special assessments; or from benefit special assessments;
1602or from any other source or pledged security. Such bonds shall
1603not constitute an indebtedness of the district, and the approval
1604of the qualified electors shall not be required unless such
1605bonds are additionally secured by the full faith and credit and
1606taxing power of the district.
1607     2.  Any two or more projects may be combined and
1608consolidated into a single project and may hereafter be operated
1609and maintained as a single project. The revenue bonds authorized
1610herein may be issued to finance any one or more of such
1611projects, regardless of whether or not such projects have been
1612combined and consolidated into a single project. If the board
1613deems it advisable, the proceedings authorizing such revenue
1614bonds may provide that the district may thereafter combine the
1615projects then being financed or theretofore financed with other
1616projects to be subsequently financed by the district and that
1617revenue bonds to be thereafter issued by the district shall be
1618on parity with the revenue bonds then being issued, all on such
1619terms, conditions, and limitations as shall have been provided
1620in the proceeding which authorized the original bonds.
1621     (i)  General obligation bonds.--
1622     1.  Subject to the limitations of this charter, the
1623district shall have the power from time to time to issue general
1624obligation bonds to finance or refinance capital projects or to
1625refund outstanding bonds in an aggregate principal amount of
1626bonds outstanding at any one time not in excess of 35 percent of
1627the assessed value of the taxable property within the district
1628as shown on the pertinent tax records at the time of the
1629authorization of the general obligation bonds for which the full
1630faith and credit of the district is pledged. Except for
1631refunding bonds, no general obligation bonds shall be issued
1632unless the bonds are issued to finance or refinance a capital
1633project and the issuance has been approved at an election held
1634in accordance with the requirements for such election as
1635prescribed by the State Constitution. Such elections shall be
1636called to be held in the district by the Board of County
1637Commissioners of Charlotte County upon the request of the board
1638of the district. The expenses of calling and holding an election
1639shall be at the expense of the district, and the district shall
1640reimburse the county for any expenses incurred in calling or
1641holding such election.
1642     2.  The district may pledge its full faith and credit for
1643the payment of the principal and interest on such general
1644obligation bonds and for any reserve funds provided therefor and
1645may unconditionally and irrevocably pledge itself to levy ad
1646valorem taxes on all taxable property in the district, to the
1647extent necessary for the payment thereof, without limitation as
1648to rate or amount.
1649     3.  If the board determines to issue general obligation
1650bonds for more than one capital project, the approval of the
1651issuance of the bonds for each and all such projects may be
1652submitted to the electors on one and the same ballot. The
1653failure of the electors to approve the issuance of bonds for any
1654one or more capital projects shall not defeat the approval of
1655bonds for any capital project that has been approved by the
1656electors.
1657     4.  In arriving at the amount of general obligation bonds
1658permitted to be outstanding at any one time pursuant to
1659subparagraph 1., there shall not be included any general
1660obligation bonds that are additionally secured by the pledge of:
1661     a.  Any assessments levied in an amount sufficient to pay
1662the principal and interest on the general obligation bonds so
1663additionally secured, which assessments have been equalized and
1664confirmed by resolution of the board pursuant to this act or
1665section 170.08, Florida Statutes.
1666     b.  Water revenues, sewer revenues, or water and sewer
1667revenues of the district to be derived from user fees in an
1668amount sufficient to pay the principal and interest on the
1669general obligation bonds so additionally secured.
1670     c.  Any combination of assessments and revenues described
1671in sub-subparagraphs a. and b.
1672     (j)  Bonds as legal investment or security.--
1673     1.  Notwithstanding any provisions of any other law to the
1674contrary, all bonds issued under the provisions of this act
1675shall constitute legal investments for savings banks, banks,
1676trust companies, insurance companies, executors, administrators,
1677trustees, guardians, and other fiduciaries and for any board,
1678body, agency, instrumentality, county, municipality, or other
1679political subdivision of the state and shall be and constitute
1680security that may be deposited by banks or trust companies as
1681security for deposits of state, county, municipal, or other
1682public funds or by insurance companies as required or voluntary
1683statutory deposits.
1684     2.  Any bonds issued by the district shall be incontestable
1685in the hands of bona fide purchasers or holders for value and
1686shall not be invalid because of any irregularity or defect in
1687the proceedings for the issue and sale thereof.
1688     (k)  Covenants.--Any resolution authorizing the issuance of
1689bonds may contain such covenants as the board may deem
1690advisable, and all such covenants shall constitute valid and
1691legally binding and enforceable contracts between the district
1692and the bondholders, regardless of the time of issuance thereof.
1693Such covenants may include, without limitation, covenants
1694concerning the disposition of the bond proceeds; the use and
1695disposition of project revenues; the pledging of revenues,
1696taxes, and assessments; the obligations of the district with
1697respect to the operation of the project and the maintenance of
1698adequate project revenues; the issuance of additional bonds; the
1699appointment, powers, and duties of trustees and receivers; the
1700acquisition of outstanding bonds and obligations; restrictions
1701on the establishing of competing projects or facilities;
1702restrictions on the sale or disposal of the assets and property
1703of the district; the priority of assessment liens; the priority
1704of claims by bondholders on the taxing power of the district;
1705the maintenance of deposits to ensure the payment of revenues by
1706users of district facilities and services; the discontinuance of
1707district services by reason of delinquent payments; acceleration
1708upon default; the execution of. necessary instruments; the
1709procedure for amending or abrogating covenants with the
1710bondholders; and such other covenants as may be deemed necessary
1711or desirable for the security of the bondholders.
1712     (l)  Validation proceedings.--The power of the district to
1713issue bonds under the provisions of this act may be determined,
1714and any of the bonds of the district maturing over a period of
1715more than 5 years shall be validated and confirmed, by court
1716decree, under the provisions of chapter 75, Florida Statutes,
1717and laws amendatory thereof or supplementary thereto.
1718     (m)  Tax exemption.--To the extent allowed by general law,
1719all bonds issued hereunder and interest paid thereon and all
1720fees, charges, and other revenues derived by the district from
1721the projects provided by this act are exempt from all taxes by
1722the state or by any political subdivision, agency, or
1723instrumentality thereof; however, any interest, income, or
1724profits on debt obligations issued hereunder are not exempt from
1725the tax imposed by chapter 220, Florida Statutes. Further, the
1726district is not exempt from the provisions of chapter 212,
1727Florida Statutes.
1728     (n)  Application of section 189.4085, Florida
1729Statutes.--Bonds issued by the district shall meet the criteria
1730set forth in section 189.4085, Florida Statutes.
1731     (o)  Act furnishes full authority for issuance of
1732bonds.--This act constitutes full and complete authority for the
1733issuance of bonds and the exercise of the powers of the district
1734provided herein. No procedures or proceedings, publications,
1735notices, consents, approvals, orders, acts, or things by the
1736board, or any board, officer, commission, department, agency, or
1737instrumentality of the district, other than those required by
1738this act, shall be required to perform anything under this act,
1739except that the issuance or sale of bonds pursuant to the
1740provisions of this act shall comply with the general law
1741requirements applicable to the issuance or sale of bonds by the
1742district. Nothing in this act shall be construed to authorize
1743the district to utilize bond proceeds to fund the ongoing
1744operations of the district.
1745     (p)  Pledge by the state to the bondholders of the
1746district.--The state pledges to the holders of any bonds issued
1747under this act that it will not limit or alter the rights of the
1748district to own, acquire, construct, reconstruct, improve,
1749maintain, operate, or furnish the projects or to levy and
1750collect the taxes, assessments, rentals, rates, fees, and other
1751charges provided for herein and to fulfill the terms of any
1752agreement made with the holders of such bonds or other
1753obligations and that it will not in any way impair the rights or
1754remedies of such holders.
1755     (q)  Default; dissolution.--A default on the bonds or
1756obligations of the district shall not constitute a debt or
1757obligation of any local general purpose government or the state.
1758In the event of a default or dissolution of the district, no
1759local general-purpose government shall be required to assume the
1760property of the district, the debts of the district, or the
1761district's obligations to complete any infrastructure
1762improvements or provide services to the district.
1763     (11)  TRUST AGREEMENTS.--Any issue of bonds shall be
1764secured by a trust agreement by and between the district and a
1765corporate trustee or trustees, which may be any trust company or
1766bank having the powers of a trust company within or without the
1767state. The resolution authorizing the issuance of the bonds or
1768such trust agreement may pledge the revenues to be received from
1769any projects of the district and may contain such provisions for
1770protecting and enforcing the rights and remedies of the
1771bondholders as the board may approve, including, without
1772limitation, covenants setting forth the duties of the district
1773in relation to: the acquisition, construction, reconstruction,
1774improvement, maintenance, repair, operation, and insurance of
1775any projects; the fixing and revising of the rates, fees, and
1776charges; and the custody, safeguarding, and application of all
1777moneys and for the employment of consulting engineers in
1778connection with such acquisition, construction, reconstruction,
1779improvement, maintenance, repair, or operation. It shall be
1780lawful for any bank or trust company within or without the state
1781that may act as a depository of the proceeds of bonds or of
1782revenues to furnish such indemnifying bonds or to pledge such
1783securities as may be required by the district. Such resolution
1784or trust agreement may set forth the rights and remedies of the
1785bondholders and of the trustee, if any, and may restrict the
1786individual right of action by bondholders. The board may provide
1787for the payment of proceeds of the sale of the bonds and the
1788revenues of any project to such officer, board, or depository as
1789it may designate for the custody thereof and may provide for the
1790method of disbursement thereof with such safeguards and
1791restrictions as it may determine. All expenses incurred in
1792carrying out the provisions of such resolution or trust
1793agreement may be treated as part of the cost of operation of the
1794project to that such trust agreement pertains.
1795     (12)  AD VALOREM TAXES; ASSESSMENTS, BENEFIT SPECIAL
1796ASSESSMENTS, MAINTENANCE SPECIAL ASSESSMENTS, AND SPECIAL
1797ASSESSMENTS; MAINTENANCE TAXES.--
1798     (a)  Ad valorem taxes.--A board elected by and consisting
1799of qualified electors of the district shall have the power to
1800levy and assess an ad valorem tax on all the taxable property in
1801the district to construct, operate, and maintain assessable
1802improvements; to pay the principal of, and interest on, any
1803general obligation bonds of the district; and to provide for any
1804sinking or other funds established in connection with any such
1805bonds. An ad valorem tax levied by the board for operating
1806purposes, exclusive of debt service on bonds, shall not exceed
1807the maximum amount authorized by law. The ad valorem tax
1808provided for herein shall be in addition to county and all other
1809ad valorem taxes provided for by law. Such tax shall be
1810assessed, levied, and collected in the same manner and at the
1811same time as county taxes. The levy of ad valorem taxes must be
1812approved by referendum as required by Section 9 of Article VII
1813of the State Constitution.
1814     (b)  Benefit special assessments.--The board annually shall
1815determine, order, and levy the annual installment of the total
1816benefit special assessments for bonds issued and related
1817expenses to finance assessable improvements. These assessments
1818may be due and collected during each year that county taxes are
1819due and collected, in which case such annual installment and
1820levy shall be evidenced to and certified to the property
1821appraiser by the board not later than August 31 of each year.
1822Such assessment shall be entered by the property appraiser on
1823the county tax rolls and shall be collected and enforced by the
1824tax collector in the same manner and at the same time as county
1825taxes, and the proceeds thereof shall be paid to the district.
1826However, this subsection shall not prohibit the district in its
1827discretion from using the method prescribed in section 197.3632
1828or chapter 173, Florida Statutes, for collecting and enforcing
1829these assessments. Each annual installment of benefit special
1830assessments shall be a lien on the property against which
1831assessed until paid and shall be enforceable in like manner as
1832county taxes. The amount of the assessment for the exercise of
1833the district's powers under subsections (6) and (7) shall be
1834determined by the board based upon a report of the district's
1835engineer and assessed by the board upon such lands, which may be
1836part or all of the lands within the district benefited by the
1837improvement, apportioned between benefited lands in proportion
1838to the benefits received by each tract of land. The board may,
1839if it determines it is in the best interests of the district,
1840set forth in the proceedings initially levying such benefit
1841special assessments or in subsequent proceedings a formula for
1842the determination of an amount, which when paid by a taxpayer
1843with respect to any tax parcel, shall constitute a prepayment of
1844all future annual installments of such benefit special
1845assessments and that the payment of which amount with respect to
1846such tax parcel shall relieve and discharge such tax parcel of
1847the lien of such benefit special assessments and any subsequent
1848annual installment thereof. The board may provide further that
1849upon delinquency in the payment of any annual installment of
1850benefit special assessments, the prepayment amount of all future
1851annual installments of benefit special assessments as determined
1852in this paragraph shall be and become immediately due and
1853payable together with such delinquent annual installment.
1854     (c)  Non-ad valorem maintenance taxes.--If and when
1855authorized by general law, to maintain and preserve the physical
1856facilities and services constituting the works, improvements, or
1857infrastructure provided by the district pursuant to this act; to
1858repair and restore any one or more of them, when needed; and to
1859defray the current expenses of the district, including any sum
1860that may be required to pay state and county ad valorem taxes on
1861any lands that may have been purchased and that are held by the
1862district under the provisions of this act, the governing board
1863may, upon the completion of said systems, facilities, services,
1864works, improvements, or infrastructure, in whole or in part, as
1865may be certified to the board by the engineer of the board, levy
1866annually a non-ad valorem and nonmillage tax upon each tract or
1867parcel of land within the district, to be known as a
1868"maintenance tax." This non-ad valorem maintenance tax shall be
1869apportioned upon the basis of the net assessments of benefits
1870assessed as accruing from the original construction and shall be
1871evidenced to and certified by the governing board of the
1872district not later than June 1 of each year to the property
1873appraiser of Charlotte County and shall be extended by the
1874property appraiser on the tax roll of the property appraiser, as
1875certified by the property appraiser to the tax collector, and
1876collected by the tax collector on the merged collection roll of
1877the tax collector in the same manner and at the same time as
1878county ad valorem taxes, and the proceeds therefrom shall be
1879paid to the district. This non-ad valorem maintenance tax shall
1880be a lien until paid on the property against which assessed and
1881enforceable in like manner and of the same dignity as county ad
1882valorem taxes.
1883     (d)  Maintenance special assessments.--To maintain and
1884preserve the facilities and projects of the district, the board
1885may levy a maintenance special assessment. This assessment may
1886be evidenced to and certified to the property appraiser by the
1887governing board not later than August 31 of each year and shall
1888be entered by the property appraiser on the county tax rolls and
1889shall be collected and enforced by the tax collector in the.
1890same manner and at the same time as county taxes, and the
1891proceeds therefrom shall be paid to the district. However, this
1892subsection shall not prohibit the district in its discretion
1893from using the method prescribed in section 197.363, section
1894197.3631, or section 197.3632, Florida Statutes, for collecting
1895and enforcing these assessments. These maintenance special
1896assessments shall be a lien on the property against which
1897assessed until paid and shall be enforceable in like manner as
1898county taxes. The amount of the maintenance special assessment
1899for the exercise of the district's powers under this section
1900shall be determined by the board based upon a report of the
1901district's engineer and assessed by the board upon such lands,
1902which may be all of the lands within the district benefited by
1903the maintenance thereof, apportioned between the benefited lands
1904in proportion to the benefits received by each tract of land.
1905     (e)  Special assessments.--To levy and impose any special
1906assessments pursuant to this subsection.
1907     (f)  Enforcement of taxes.--The collection and enforcement
1908of all taxes levied by the district shall be at the same time
1909and in like manner as county taxes, and the provisions of
1910general law relating to the sale of lands for unpaid and
1911delinquent county taxes; the issuance, sale, and delivery of tax
1912certificates for such unpaid and delinquent county taxes; the
1913redemption thereof; the issuance to individuals of tax deeds
1914based thereon; and all other procedures in connection therewith
1915shall be applicable to the district to the same extent as if
1916such statutory provisions were expressly set forth herein. All
1917taxes shall be subject to the same discounts as county taxes.
1918     (g)  When unpaid tax is delinquent; penalty.--All taxes
1919provided for in this act shall become delinquent and bear
1920penalties on the amount of such taxes in the same manner as
1921county taxes.
1922     (h)  Status of assessments.--Benefit special assessments,
1923maintenance special assessments, and special assessments are
1924hereby found and determined to be non-ad valorem assessments as
1925defined by section 197.3632, Florida Statutes. Maintenance taxes
1926are non-ad valorem taxes and are not special assessments.
1927     (i)  Assessments constitute liens; collection.--Any and all
1928assessments, including special assessments, benefit special
1929assessments, and maintenance special assessments authorized by
1930this section, and including special assessments as defined in
1931this act and granted and authorized by this subsection, and
1932including maintenance taxes if authorized by general law, shall
1933constitute a lien on the property against which assessed from
1934the date of levy and imposition thereof until paid, coequal with
1935the lien of state, county, municipal, and school board taxes.
1936These assessments may be collected, at the district's
1937discretion, under authority of section 197.3631, Florida
1938Statutes, by the tax collector pursuant to the provisions of
1939sections 197.3632 and 197.3635, Florida Statutes, or in
1940accordance with other collection measures provided by law. In
1941addition to, and not in limitation of, any powers otherwise set
1942forth herein or in general law, these assessments may also be
1943enforced pursuant to the provisions of chapter 173, Florida
1944Statutes.
1945     (j)  Land owned by governmental entity.--Except as
1946otherwise provided by law, no levy of ad valorem taxes or non-ad
1947valorem assessments under this act, chapter 170, or chapter 197,
1948Florida Statutes, or otherwise, by a board of a district, on
1949property of a governmental entity that is subject to a ground
1950lease as described in section 190.003(13), Florida Statutes,
1951shall constitute a lien or encumbrance on the underlying fee
1952interest of such governmental entity.
1953     (13)  SPECIAL ASSESSMENTS.--
1954     (a)  As an alternative method to the levy and imposition of
1955special assessments pursuant to chapter 170, Florida Statutes,
1956pursuant to the authority of section 197.3631, Florida Statutes,
1957or pursuant to other provisions of general law, now or hereafter
1958enacted, which provide a supplemental means or authority to
1959impose, levy, and collect special assessments as otherwise
1960authorized under this act, the board may levy and impose special
1961assessments to finance the exercise of any of its powers
1962permitted under this act using the following uniform procedures:
1963     1.  At a noticed meeting, the governing board of the
1964district may consider and review an engineer's report on the
1965costs of the systems, facilities, and services to be provided, a
1966preliminary assessment methodology, and a preliminary roll based
1967on acreage or platted lands, depending upon whether platting has
1968occurred.
1969     a.  The assessment methodology shall address and discuss
1970and the board shall consider whether the systems, facilities,
1971and services being contemplated will result in special benefits
1972peculiar to the property, different in kind and degree than
1973general benefits, as a logical connection between the systems,
1974facilities, and services themselves and the property, and
1975whether the duty to pay the assessments by the property owners
1976is apportioned in a manner that is fair and equitable and not in
1977excess of the special benefit received. It shall be fair and
1978equitable to designate a fixed proportion of the annual debt
1979service, together with interest thereon, on the aggregate
1980principal amount of bonds issued to finance such systems,
1981facilities, and services that give rise to unique, special, and
1982peculiar benefits to property of the same or similar
1983characteristics under the assessment methodology so long as such
1984fixed proportion does not exceed the unique, special, and
1985peculiar benefits enjoyed by such property from such systems,
1986facilities, and services.
1987     b.  The engineer's cost report shall identify the nature of
1988the proposed systems, facilities, and services, their location,
1989a cost breakdown plus a total estimated cost, including cost of
1990construction or reconstruction, labor, and materials, lands,
1991property, rights, easements, franchises, or systems, facilities,
1992and services to be acquired, cost of plans and specifications,
1993surveys of estimates of costs and revenues, costs of
1994engineering, legal, and other professional consultation
1995services, and other expenses or costs necessary or incident to
1996determining the feasibility or practicability of such
1997construction, reconstruction, or acquisition, administrative
1998expenses, relationship to the authority and power of the
1999district in its charter, and such other expenses or costs as may
2000be necessary or incident to the financing to be authorized by
2001the governing board.
2002     c.  The preliminary assessment roll to be prepared will be
2003in accordance with the method of assessment provided for in the
2004assessment methodology and as may be adopted by the governing
2005board; the assessment roll shall be completed as promptly as
2006possible and shall show the acreage, lots, lands, or plats
2007assessed and the amount of the fairly and reasonably apportioned
2008assessment based on special and peculiar benefit to the
2009property, lot, parcel, or acreage of land; and, if the
2010assessment against each such lot, parcel, acreage, or portion of
2011land is to be paid in installments, the number of annual
2012installments in which the assessment is divided shall be entered
2013into and shown upon the assessment roll.
2014     2.  The governing board of the district may determine and
2015declare by an initial assessment resolution to levy and assess
2016the assessments with respect to assessable improvements stating
2017the nature of the systems, facilities, and services,
2018improvements, projects, or infrastructure constituting such
2019assessable improvements, the information in the engineer's cost
2020report, the information in the assessment methodology as
2021determined by the board at the noticed meeting and referencing
2022and incorporating as part of the resolution the engineer's cost
2023report, the preliminary assessment methodology, and the
2024preliminary assessment roll as referenced exhibits to the
2025resolution by reference. If the board determines to declare and
2026levy the special assessments by the initial assessment
2027resolution, the board shall also adopt and declare a notice
2028resolution that shall provide and cause the initial assessment
2029resolution to be published once a week for a period of 2 weeks
2030in a newspaper of general circulation published in Charlotte
2031County and said board shall by the same resolution fix a time
2032and place at which the owner or owners of the property to be
2033assessed or any other persons interested therein may appear
2034before said board and be heard as to the propriety and
2035advisability of making such improvements, as to the costs
2036thereof, as to the manner of payment therefor, and as to the
2037amount thereof to be assessed against each property so improved.
2038Thirty days' notice in writing of such time and place shall be
2039given to such property owners. The notice shall include the
2040amount of the assessment and shall be served by mailing a copy
2041to each assessed property owner at his or her last known
2042address, the names and addresses of such property owners to be
2043obtained from the record of the property appraiser of the county
2044political subdivision in which the land is located or from such
2045other sources as the district manager or engineer deems
2046reliable, and proof of such mailing shall be made by the
2047affidavit of the manager of the district or by the engineer,
2048said proof to be filed with the district manager, provided that
2049failure to mail said notice or notices shall not invalidate any
2050of the proceedings hereunder. It is provided further that the
2051last publication shall be at least 1 week prior to the date of
2052the hearing on the final assessment resolution. Said notice
2053shall describe the general areas to be improved and advise all
2054persons interested that the description of each property to be
2055assessed and the amount to be assessed to each piece, parcel,
2056lot, or acre of property may be ascertained at the office of the
2057manager of the district. Such service by publication shall be
2058verified by the affidavit of the publisher and filed with the
2059manager of the district. Moreover, the initial assessment
2060resolution with its attached, referenced, and incorporated
2061engineer's cost report, preliminary assessment methodology, and
2062preliminary assessment roll, along with the notice resolution,
2063shall be available for public inspection at the office of the
2064manager and the office of the engineer or any other office
2065designated by the governing board in the notice resolution.
2066Notwithstanding the foregoing, the landowners of all of the
2067property that is proposed to be assessed may give the district
2068written notice of waiver of any notice and publication provided
2069for in this subparagraph and such notice and publication shall
2070not be required, provided, however, that any meeting of the
2071governing board to consider such resolution shall be a publicly
2072noticed meeting.
2073     3.  At the time and place named in the noticed resolution
2074as provided for in subparagraph 2., the governing board of the
2075district shall meet and hear testimony from affected property
2076owners as to the propriety and advisability of making the
2077systems, facilities, services, projects, works, improvements, or
2078infrastructure and funding them with assessments referenced in
2079the initial assessment resolution on the property. Following the
2080testimony and questions from the members of the board or any
2081professional advisors to the district of the preparers of the
2082engineer's cost report, the assessment methodology, and the
2083assessment roll, the governing board shall make a final decision
2084on whether to levy and assess the particular assessments.
2085Thereafter, the governing board shall meet as an equalizing
2086board to hear and to consider any and all complaints as to the
2087particular assessments and shall adjust and equalize the
2088assessments on the basis of justice and right.
2089     4.  When so equalized and approved by resolution or
2090ordinance by the governing board, to be called the final
2091assessment resolution, a final assessment roll shall be filed
2092with the clerk of the board and such assessment shall stand
2093confirmed and remain legal, valid, and binding first liens on
2094the property against which such assessments are made until paid,
2095equal in dignity to the first liens of ad valorem taxation of
2096county and municipal governments and school boards. However,
2097upon completion of the systems, facilities, service, project,
2098improvement, works, or infrastructure, the district shall credit
2099to each of the assessments the difference in the assessment as
2100originally made, approved, levied, assessed, and confirmed and
2101the proportionate part of the actual cost of the improvement to
2102be paid by the particular special assessments as finally
2103determined upon the completion of the improvement; but in no
2104event shall the final assessment exceed the amount of the
2105special and peculiar benefits as apportioned fairly and
2106reasonably to the property from the system, facility, or service
2107being provided as originally assessed. Promptly after such
2108confirmation, the assessment shall be recorded by the clerk of
2109the district in the minutes of the proceedings of the district,
2110and the record of the lien in this set of minutes shall
2111constitute prima facie evidence of its validity. The governing
2112board, in its sole discretion, may, by resolution, grant a
2113discount equal to all or a part of the payee's proportionate
2114share of the cost of the project consisting of bond financing
2115cost, such as capitalized interest, funded reserves, and bond
2116discounts included in the estimated cost of the project, upon
2117payment in full of any assessments during such period prior to
2118the time such financing costs are incurred as may be specified
2119by the governing board in such resolution.
2120     5.  District assessments may be made payable in
2121installments over no more than 30 years from the date of the
2122payment of the first installment thereof and may bear interest
2123at fixed or variable rates.
2124     (b)  Notwithstanding any provision of this act or of
2125chapter 170 or section 170.09, Florida Statutes, which provide
2126that assessments may be paid without interest at any time within
212730 days after the improvement is completed and a resolution
2128accepting the same has been adopted by the governing authority,
2129such provision shall not be applicable to any district
2130assessments, whether imposed, levied, and collected pursuant to
2131the provisions of this act or other provisions of general law,
2132including, but not limited to, chapter 170, Florida Statutes.
2133     (c)  In addition, the district is authorized expressly in
2134the exercise of its rulemaking power to adopt a rule or rules
2135that provide for notice, levy, imposition, equalization, and
2136collection of assessments.
2137     (14)  ISSUANCE OF CERTIFICATES OF INDEBTEDNESS BASED ON
2138ASSESSMENTS FOR ASSESSABLE IMPROVEMENTS; ASSESSMENT BONDS.--
2139     (a)  The board may, after any special assessments or
2140benefit special assessments for assessable improvements are
2141made, determined, and confirmed as provided in this act, issue
2142certificates of indebtedness for the amount so assessed against
2143the abutting property or property otherwise benefited, as the
2144case may be, and separate certificates shall be issued against
2145each part or parcel of land or property assessed, which
2146certificates shall state the general nature of the improvement
2147for which the assessment is made. The certificates shall be
2148payable in annual installments in accordance with the
2149installments of the special assessment for which they are
2150issued. The board may determine the interest to be borne by such
2151certificates, not to exceed the maximum rate allowed by general
2152law, and may sell such certificates at either private or public
2153sale and determine the form, manner of execution, and other
2154details of such certificates. The certificates shall recite that
2155they are payable only from the special assessments levied and
2156collected from the part or parcel of land or property against
2157which they are issued. The proceeds of such certificates may be
2158pledged for the payment of principal of and interest on any
2159revenue bonds or general obligation bonds issued to finance in
2160whole or in part such assessable improvement, or, if not so
2161pledged, may be used to pay the cost or part of the cost of such
2162assessable improvements.
2163     (b)  The district may also issue assessment bonds, revenue
2164bonds, or other obligations payable from a special fund into
2165which such certificates of indebtedness referred to in the
2166preceding subsection may be deposited or, if such certificates
2167of indebtedness have not been issued, the district may assign to
2168such special fund for the benefit of the holders of such
2169assessment bonds or other obligations, or to a trustee for such
2170bondholders, the assessment liens provided for in this act
2171unless such certificates of indebtedness or assessment liens
2172have been theretofore pledged for any bonds or other obligations
2173authorized hereunder. In the event of the creation of such
2174special fund and the issuance of such assessment bonds or other
2175obligations, the proceeds of such certificates of indebtedness
2176or assessment liens deposited therein shall be used only for the
2177payment of the assessment bonds or other obligations issued as
2178provided in this section. The district is authorized to covenant
2179with the holders of such assessment bonds, revenue bonds, or
2180other obligations that it will diligently and faithfully enforce
2181and collect all the special assessments, and interest and
2182penalties thereon, for which such certificates of indebtedness
2183or assessment liens have been deposited in or assigned to such
2184fund; to foreclose such assessment liens so assigned to such
2185special fund or represented by the certificates of indebtedness
2186deposited in the special fund, after such assessment liens have
2187become delinquent, and deposit the proceeds derived from such
2188foreclosure, including interest and penalties, in such special
2189fund; and to make any other covenants deemed necessary or
2190advisable in order to properly secure the holders of such
2191assessment bonds or other obligations.
2192     (c)  The assessment bonds, revenue bonds, or other
2193obligations issued pursuant to this section shall have such
2194dates of issue and maturity as shall be deemed advisable by the
2195board; however, the maturities of such assessment bonds or other
2196obligations shall not be more than 2 years after the due date of
2197the last installment that will be payable on any of the special
2198assessments for which such assessment liens, or the certificates
2199of indebtedness representing such assessment liens, are assigned
2200to or deposited in such special fund.
2201     (d)  Such assessment bonds, revenue bonds, or other
2202obligations issued under this section shall bear such interest
2203as the board may determine, not to exceed the maximum rate
2204allowed by general law, and shall be executed, shall have such
2205provisions for redemption prior to maturity, shall be sold in
2206the manner, and shall be subject to all of the applicable
2207provisions contained in this act for revenue bonds, except as
2208the same may be inconsistent with the provisions of this
2209section.
2210     (e)  All assessment bonds, revenue bonds, or other
2211obligations issued under the provisions of this section shall
2212be, shall constitute, and shall have all the qualities and
2213incidents of negotiable instruments under the law merchant and
2214the laws of the state.
2215     (15)  TAX LIENS.--All taxes of the district provided for in
2216this act, except together with all penalties for default in the
2217payment of the same and all costs in collecting the same,
2218including a reasonable attorney's fee fixed by the court and
2219taxed as a cost in the action brought to enforce payment, shall,
2220from January 1 for each year the property is liable to
2221assessment and until paid, constitute a lien of equal dignity
2222with the liens for state and county taxes and other taxes of
2223equal dignity with state and county taxes upon all the lands
2224against which such taxes shall be levied. A sale of any of the
2225real property within the district for state and county or other
2226taxes shall not operate to relieve or release the property so
2227sold from the lien for subsequent district taxes or installments
2228of district taxes, which lien may be enforced against such
2229property as though no such sale thereof had been made. In
2230addition to, and not in limitation of, the preceding, for
2231purposes of section 197.552, Florida Statutes, the lien of all
2232special assessments levied by the district shall constitute a
2233lien of record held by a municipal or county governmental unit.
2234The provisions of sections 194.171, 197.122, 197.333, and
2235197.432, Florida Statutes, shall be applicable to district taxes
2236with the same force and effect as if such provisions were
2237expressly set forth in this act.
2238     (16)  PAYMENT OF TAXES AND REDEMPTION OF TAX LIENS BY THE
2239DISTRICT; SHARING IN PROCEEDS OF TAX SALE.--
2240     (a)  The district shall have the power and right to:
2241     1.  Pay any delinquent state, county, district, municipal,
2242or other tax or assessment upon lands located wholly or
2243partially within the boundaries of the district.
2244     2.  Redeem or purchase any tax sales certificates issued or
2245sold on account of any state, county, district, municipal, or
2246other taxes or assessments upon lands located wholly or
2247partially within the boundaries of the district.
2248     (b)  Delinquent taxes paid, or tax sales certificates
2249redeemed or purchased, by the district, together with all
2250penalties for the default in payment of the same and all costs
2251in collecting the same and a reasonable attorney's fee, shall
2252constitute a lien in favor of the district of equal dignity with
2253the liens of state and county taxes and other taxes of equal
2254dignity with state and county taxes upon all the real property
2255against which the taxes were levied. The lien of the district
2256may be foreclosed in the manner provided in this act.
2257     (c)  In any sale of land pursuant to section 197.542,
2258Florida Statutes, the district may certify to the clerk of the
2259circuit court of the county holding such sale the amount of
2260taxes due to the district upon the lands sought to be sold, and
2261the district shall share in the disbursement of the sales
2262proceeds in accordance with the provisions of this act and under
2263the laws of the state.
2264     (17)  FORECLOSURE OF LIENS.--Any lien in favor of the
2265district arising under this act may be foreclosed by the
2266district by foreclosure proceedings in the name of the district
2267in a court of competent jurisdiction as provided by general law
2268in a like manner as provided in chapter 173, Florida Statutes,
2269and the provisions of that chapter shall be applicable to such
2270proceedings with the same force and effect as if those
2271provisions were expressly set forth in this act. Any act
2272required or authorized to be done by or on behalf of a
2273municipality in foreclosure proceedings under chapter 173,
2274Florida Statutes, may be performed by such officer or agent of
2275the district as the governing board may designate. Such
2276foreclosure proceedings may be brought at any time after the
2277expiration of 1 year from the date any tax, or installment
2278thereof, becomes delinquent; however, no lien shall be
2279foreclosed against any political subdivision or agency of the
2280state. Other legal remedies shall remain available.
2281     (18)  MANDATORY USE OF CERTAIN DISTRICT SYSTEMS,
2282FACILITIES, AND SERVICES.--To the full extent permitted by law,
2283the district shall require all lands, buildings, premises,
2284persons, firms, and corporations within the district to use the
2285water management and control facilities and water and sewer
2286facilities of the district.
2287     (19)  COMPETITIVE PROCUREMENT; BIDS; NEGOTIATIONS; RELATED
2288PROVISIONS REQUIRED.--
2289     (a)  No contract shall be let by the board for any goods,
2290supplies, or materials to be purchased when the amount thereof
2291to be paid by the district shall exceed the amount provided in
2292section 287.017, Florida Statutes, for category four, unless
2293notice of bids shall be advertised once in a newspaper in
2294general circulation in Charlotte County. Any board seeking to
2295construct or improve a public building, structure, or other
2296public works shall comply with the bidding procedures of section
2297255.20, Florida Statutes, and other applicable general law. In
2298each case, the bid of the lowest responsive and responsible
2299bidder shall be accepted unless all bids are rejected because
2300the bids are too high or the board determines it is in the best
2301interests of the district to reject all bids. The board may
2302require the bidders to furnish bond with a responsible surety to
2303be approved by the board. Nothing in this section shall prevent
2304the board from undertaking and performing the construction,
2305operation, and maintenance of any project or facility authorized
2306by this act by the employment of labor, material, and machinery.
2307     (b)  The provisions of the Consultants' Competitive
2308Negotiation Act, section 287.055, Florida Statutes, apply to
2309contracts for engineering, architecture, landscape architecture,
2310or registered surveying and mapping services let by the board.
2311     (c)  Contracts for maintenance services for any district
2312facility or project shall be subject to competitive bidding
2313requirements when the amount thereof to be paid by the district
2314exceeds the amount provided in section 287.017, Florida
2315Statutes, for category four. The district shall adopt rules,
2316policies, or procedures establishing competitive bidding
2317procedures for maintenance services. Contracts for other
2318services shall not be subject to competitive bidding unless the
2319district adopts a rule, policy, or procedure applying
2320competitive bidding procedures to said contracts. Nothing herein
2321shall preclude the use of requests for proposal instead of
2322invitations to bid as determined by the district to be in its
2323best interest.
2324     (20)  FEES, RENTALS, AND CHARGES; PROCEDURE FOR ADOPTION
2325AND MODIFICATIONS; MINIMUM REVENUE REQUIREMENTS.--
2326     (a)  The district is authorized to prescribe, fix,
2327establish, and collect rates, fees, rentals, or other charges,
2328hereinafter sometimes referred to as "revenues," and to revise
2329the same from time to time, for the systems, facilities, and
2330services furnished by the district, within the limits of the
2331district, including, but not limited to, recreational
2332facilities, water management and control facilities, water,
2333sewer, and reuse systems, and solid waste collection and
2334disposal; to recover the costs of making connection with any
2335district service, facility, or system; and to provide for
2336reasonable penalties against any user or property for any such
2337rates, fees, rentals, or other charges that are delinquent.
2338     (b)  No such rates, fees, rentals, or other charges for any
2339of the facilities or services of the district shall be fixed
2340until after a public hearing at which all the users of the
2341proposed facility or services or owners, tenants, or occupants
2342served or to be served thereby and all other interested persons
2343shall have an opportunity to be heard concerning the proposed
2344rates, fees, rentals, or other charges. Rates, fees, rentals,
2345and other charges shall be adopted under the administrative
2346rulemaking authority of the district, but shall not apply to
2347district leases. Notice of such public hearing setting forth the
2348proposed schedule or schedules of rates, fees, rentals, and
2349other charges shall have been published in a newspaper of
2350general circulation in Charlotte County at least once and at
2351least 10 days prior to such public hearing. The rulemaking
2352hearing may be adjourned from time to time. After such hearing,
2353such schedule or schedules, either as initially proposed or as
2354modified or amended, may be finally adopted. A copy of the
2355schedule or schedules of such rates, fees, rentals, or charges
2356as finally adopted shall be kept on file in an office designated
2357by the board and shall be open at all reasonable times to public
2358inspection. The rates, fees, rentals, or charges so fixed for
2359any class of users or property served shall be extended to cover
2360any additional users or properties thereafter served that shall
2361fall in the same class, without the necessity of any notice or
2362hearing.
2363     (c)  Such rates, fees, rentals, and charges shall be just
2364and equitable and uniform for users of the same class, and when
2365appropriate may be based or computed either upon the amount of
2366service furnished, upon the average number of persons residing
2367or working in or otherwise occupying the premises served, or
2368upon any other factor affecting the use of the facilities
2369furnished, or upon any combination of the foregoing factors, as
2370may be determined by the board on an equitable basis.
2371     (d)  The rates, fees, rentals, or other charges prescribed
2372shall be such as will produce revenues, together with any other
2373assessments, taxes, revenues, or funds available or pledged for
2374such purpose, at least sufficient to provide for the items
2375hereinafter listed, but not necessarily in the order stated:
2376     1.  To provide for all expenses of operation and
2377maintenance of such facility or service.
2378     2.  To pay when due all bonds and interest thereon for the
2379payment of which such revenues are, or shall have been, pledged
2380or encumbered, including reserves for such purpose.
2381     3.  To provide for any other funds that may be required
2382under the resolution or resolutions authorizing the issuance of
2383bonds pursuant to this act.
2384     (e)  The board shall have the power to enter into contracts
2385for the use of the projects of the district and with respect to
2386the services, systems, and facilities furnished or to be
2387furnished by the district.
2388     (21)  RECOVERY OF DELINQUENT CHARGES.--In the event that
2389any rates, fees, rentals, charges, or delinquent penalties shall
2390not be paid as and when due and shall be in default for 60 days
2391or more, the unpaid balance thereof and all interest accrued
2392thereon, together with reasonable attorney's fees and costs, may
2393be recovered by the district in a civil action.
2394     (22)  DISCONTINUANCE OF SERVICE.--In the event the fees,
2395rentals, or other charges for water and sewer services, or
2396either of them, are not paid when due, the board shall have the
2397power, under such reasonable rules and regulations as the board
2398may adopt, to discontinue and shut off both water and sewer
2399services until such fees, rentals, or other charges, including
2400interest, penalties, and charges for the shutting off and
2401discontinuance and the restoration of such water and sewer
2402services or both, are fully paid; and, for such purposes, the
2403board may enter on any lands, waters, or premises of any person,
2404firm, corporation, or body, public or private, within the
2405district limits. Such delinquent fees, rentals, or other
2406charges, together with interest, penalties, and charges for the
2407shutting off and discontinuance and the restoration of such
2408services and facilities and reasonable attorney's fees and other
2409expenses, may be recovered by the district, which may also
2410enforce payment of such delinquent fees, rentals, or other
2411charges by any other lawful method of enforcement.
2412     (23)  ENFORCEMENT AND PENALTIES.--The board or any
2413aggrieved person may have recourse to such remedies in law and
2414at equity as may be necessary to ensure compliance with the
2415provisions of this act, including injunctive relief to enjoin or
2416restrain any person violating the provisions of this act or any
2417bylaws, resolutions, regulations, rules, codes, or orders
2418adopted under this act. In case any building or structure is
2419erected, constructed, reconstructed, altered, repaired,
2420converted, or maintained, or any building, structure, land, or
2421water is used, in violation of this act or of any code, order,
2422resolution, or other regulation made under authority conferred
2423by this act or under law, the board or any citizen residing in
2424the district may institute any appropriate action or proceeding
2425to prevent such unlawful erection, construction, reconstruction,
2426alteration, repair, conversion, maintenance, or use; to
2427restrain, correct, or avoid such violation; to prevent the
2428occupancy of such building, structure, land, or water; and to
2429prevent any illegal act, conduct, business, or use in or about
2430such premises, land, or water.
2431     (24)  SUITS AGAINST THE DISTRICT.--Any suit or action
2432brought or maintained against the district for damages arising
2433out of tort, including, without limitation, any claim arising
2434upon account of an act causing an injury or loss of property,
2435personal injury, or death, shall be subject to the limitations
2436provided in section 768.28, Florida Statutes.
2437     (25)  EXEMPTION OF DISTRICT PROPERTY FROM EXECUTION.--All
2438district property shall be exempt from levy and sale by virtue
2439of an execution, and no execution or other judicial process
2440shall issue against such property, nor shall any judgment
2441against the district be a charge or lien on its property or
2442revenues; however, nothing contained herein shall apply to or
2443limit the rights of bondholders to pursue any remedy for the
2444enforcement of any lien or pledge given by the district in
2445connection with any of the bonds or obligations of the district.
2446     (26)  TERMINATION, CONTRACTION, OR EXPANSION OF DISTRICT.--
2447     (a)  The board may ask the Legislature through its local
2448legislative delegations in and for Charlotte County to amend
2449this act to contract, to expand or to contract, and to expand
2450the boundaries of the district.
2451     (b)  The district shall remain in existence until:
2452     1.  The district is terminated and dissolved pursuant to
2453amendment to this act by the Legislature.
2454     2.  The district has become inactive pursuant to section
2455189.4044, Florida Statutes.
2456     (27)  INCLUSION OF TERRITORY.--The inclusion of any or all
2457territory of the district within a municipality does not change,
2458alter, or affect the boundary, territory, existence, or
2459jurisdiction of the district.
2460     (28)  SALE OF REAL ESTATE WITHIN THE DISTRICT; REQUIRED
2461DISCLOSURE TO PURCHASER.--Subsequent to the creation of this
2462district under this act, each contract for the initial sale of a
2463parcel of real property and each contract for the initial sale
2464of a residential unit within the district shall include,
2465immediately prior to the space reserved in the contract for the
2466signature of the purchaser, the following disclosure statement
2467in boldfaced and conspicuous type that is larger than the type
2468in the remaining text of the contract: "THE BABCOCK RANCH
2469COMMUNITY INDEPENDENT SPECIAL DISTRICT MAY IMPOSE AND LEVY TAXES
2470OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THIS PROPERTY.
2471THESE TAXES AND ASSESSMENTS PAY FOR THE CONSTRUCTION, OPERATION,
2472AND MAINTENANCE COSTS OF CERTAIN PUBLIC SYSTEMS, FACILITIES, AND
2473SERVICES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING
2474BOARD OF THE DISTRICT. THESE TAXES AND ASSESSMENTS ARE IN
2475ADDITION TO COUNTY AND OTHER LOCAL GOVERNMENTAL TAXES AND
2476ASSESSMENTS AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BY
2477LAW."
2478     (29)  NOTICE OF CREATION AND ESTABLISHMENT.--Within 30 days
2479after the election of the first governing board of the district,
2480the district shall cause to be recorded in the grantor-grantee
2481index of the property records in the county in which it is
2482located a "Notice of Creation and Establishment of the Babcock
2483Ranch Community Independent Special District." The notice shall,
2484at a minimum, include the legal description of the property
2485covered by this act.
2486     (30)  DISTRICT PROPERTY PUBLIC; FEES.--Any system,
2487facility, service, works, improvement, project, or other
2488infrastructure owned by the district, or funded by federal tax
2489exempt bonding issued by the district, is public; and the
2490district by rule may regulate, and may impose reasonable charges
2491or fees for, the use thereof but not to the extent that such
2492regulation or imposition of such charges or fees constitutes
2493denial of reasonable access.
2494     Section 7.  If any provision of this act is determined
2495unconstitutional or otherwise determined invalid by a court of
2496law, all the rest and remainder of the act shall remain in full
2497force and effect as the law of this state.
2498     Section 8.  In the election provided for in section 9, each
2499landowner present in person or by proxy shall be entitled to
2500cast one vote for each assessable acre or fraction of an acre of
2501land owned by him or her and located within the district.
2502     Section 9.  This section and section 8 shall take effect
2503upon this act becoming law, and the remaining sections shall
2504take effect upon approval by a majority vote of the owners of
2505land within the district who are not exempt from ad valorem
2506taxes or non-ad valorem assessments and who are present in
2507person or by proxy at a landowners' meeting to be held within 90
2508days after the effective date of this act. Such landowners'
2509meeting shall be noticed as provided in section 5 for the
2510initial landowners' meeting and may be combined with such
2511meeting. However, the provisions of this act that authorize the
2512levy of ad valorem taxation and issuance of general obligation
2513bonds shall take effect only upon express approval by a majority
2514vote of those qualified electors of the Babcock Ranch Community
2515Independent Special District voting in a referendum election
2516held at such time as all members of the board are qualified
2517electors who are elected by qualified electors of the district
2518as provided in this act.


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