Florida Senate - 2007                        SENATOR AMENDMENT
    Bill No. HB 7203, 2nd Eng.
                        Barcode 810406
                            CHAMBER ACTION
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 3         Floor: 1f/AD/2R         .                    
       05/02/2007 12:35 PM         .                    
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11  Senator Constantine moved the following amendment to amendment
12  (113368):
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14         Senate Amendment (with title amendment) 
15         On page 15, between lines 14 and 15,
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17  insert:  
18         Section 6.  Subsection (4) of section 704.06, Florida
19  Statutes, is amended to read:
20         704.06  Conservation easements; creation; acquisition;
21  enforcement.--
22         (4)  Conservation easements shall run with the land and
23  be binding on all subsequent owners of the servient estate.
24  Notwithstanding the provisions of s. 197.552, all provisions
25  of a conservation easement shall survive and are enforceable
26  after the issuance of a tax deed. No conservation easement
27  shall be unenforceable on account of lack of privity of
28  contract or lack of benefit to particular land or on account
29  of the benefit being assignable. Conservation easements may be
30  enforced by injunction or proceeding in equity or at law, and
31  shall entitle the holder to enter the land in a reasonable
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    6:31 PM   05/01/07                           h720302e2c-22-ev9

Florida Senate - 2007 SENATOR AMENDMENT Bill No. HB 7203, 2nd Eng. Barcode 810406 1 manner and at reasonable times to assure compliance. A 2 conservation easement may be released by the holder of the 3 easement to the holder of the fee even though the holder of 4 the fee may not be a governmental body or a charitable 5 corporation or trust. 6 Section 7. Tax increment financing for conservation 7 lands.-- 8 (1) Two or more counties, or a combination of at least 9 one county and one or more municipalities, may establish, 10 through an interlocal agreement, a tax increment area for 11 conservation lands. The interlocal agreement, at a minimum, 12 must: 13 (a) Identify the geographic boundaries of the tax 14 increment area; 15 (b) Identify the real property to be acquired as 16 conservation land within the tax increment area; 17 (c) Establish the percentage of tax increment 18 financing for each jurisdiction in the tax increment area 19 which is a party to the interlocal agreement; 20 (d) Identify the governing body of the jurisdiction 21 that will administer a separate reserve account in which the 22 tax increment will be deposited; 23 (e) Require that any tax increment revenues not used 24 to purchase conservation lands by a date certain be refunded 25 to the parties to the interlocal agreement. Any refund shall 26 be proportionate to the parties' payment of tax increment 27 revenues into the separate reserve account; 28 (f) Provide for an annual audit of the separate 29 reserve account; 30 (g) Designate an entity to hold title to any 31 conservation lands purchased using the tax increment revenues; 2 6:31 PM 05/01/07 h720302e2c-22-ev9
Florida Senate - 2007 SENATOR AMENDMENT Bill No. HB 7203, 2nd Eng. Barcode 810406 1 (h) Provide for a continuing management plan for the 2 conservation lands; and 3 (i) Identify the entity that will manage these 4 conservation lands. 5 (2) The water management district in which 6 conservation lands proposed for purchase under this section 7 are located may also enter into the interlocal agreement if 8 the district provides any funds for the purchase of the 9 conservation lands. The water management districts may only 10 use ad valorem tax revenues for agreements described within 11 this section. 12 (3) The governing body of the jurisdiction that will 13 administer the separate reserve account shall provide 14 documentation to the Department of Community Affairs 15 identifying the boundary of the tax increment area. The 16 department shall determine whether the boundary is appropriate 17 in that property owners within the boundary will receive a 18 benefit from the proposed purchase of identified conservation 19 lands. The department must issue a letter of approval stating 20 that the establishment of the tax increment area and the 21 proposed purchases would benefit property owners within the 22 boundary and serve a public purpose before any tax increment 23 funds are deposited into the separate reserve account. If the 24 department fails to provide the required letter within 90 days 25 after receiving sufficient documentation of the boundary, the 26 establishment of the area and the proposed purchases are 27 deemed to provide such benefit and serve a public purpose. 28 (4) Prior to the purchase of conservation lands under 29 this section, the Department of Environmental Protection must 30 determine whether the proposed purchase is sufficient to 31 provide additional recreational and ecotourism opportunities 3 6:31 PM 05/01/07 h720302e2c-22-ev9
Florida Senate - 2007 SENATOR AMENDMENT Bill No. HB 7203, 2nd Eng. Barcode 810406 1 for residents in the tax increment area. If the department 2 fails to provide a letter of approval within 90 days after 3 receipt of the request for such a letter, the purchase is 4 deemed sufficient to provide recreation and ecotourism 5 opportunities. 6 (5) The tax increment authorized under this section 7 shall be determined annually and may not exceed 95 percent of 8 the difference in ad valorem taxes as provided in s. 9 163.387(1)(a), Florida Statutes. 10 (6) A separate reserve account must be established for 11 each tax increment area for conservation lands which is 12 created under this section. The separate reserve account must 13 be administered pursuant to the terms of the interlocal 14 agreement. Tax increment funds allocated to this separate 15 reserve account shall be used to acquire the real property 16 identified for purchase in the interlocal agreement. Pursuant 17 to the interlocal agreement, the governing body of the local 18 government that will administer the separate reserve account 19 may spend increment revenues to purchase the real property 20 only if all parties to the interlocal agreement adopt a 21 resolution approving the purchase price. 22 (7) The annual funding of the separate reserve account 23 may not be less than the increment income of each taxing 24 authority which is held as provided in the interlocal 25 agreement for the purchase of conservation lands. 26 (8) Unless otherwise provided in the interlocal 27 agreement, a taxing authority that does not pay the tax 28 increment revenues to the separate reserve account by January 29 1 shall pay interest on the amount of unpaid increment 30 revenues equal to 1 percent for each month that the increment 31 revenue remains outstanding. 4 6:31 PM 05/01/07 h720302e2c-22-ev9
Florida Senate - 2007 SENATOR AMENDMENT Bill No. HB 7203, 2nd Eng. Barcode 810406 1 (9) The public bodies and taxing authorities listed in 2 s. 163.387(2)(c), Florida Statutes, school districts and 3 special districts that levy ad valorem taxes within a tax 4 increment area are exempt from this section. 5 (10) Revenue bonds under this section are payable 6 solely out of revenues pledged to and received by the local 7 government administering the separate reserve account and 8 deposited into the separate reserve account. The revenue bonds 9 issued under this section do not constitute a debt, liability, 10 or obligation of a public body, the state, or any of the 11 state's political subdivisions. 12 Section 8. The Legislature finds that an inadequate 13 supply of conservation lands limits recreational opportunities 14 and negatively impacts the economy, health, and welfare of the 15 surrounding community. The Legislature also finds that 16 acquiring conservation lands for recreational opportunities 17 and ecotourism serves a valid public purpose. 18 19 (Redesignate subsequent sections.) 20 21 22 ================ T I T L E A M E N D M E N T =============== 23 And the title is amended as follows: 24 On page 16, line 28, after the semicolon, 25 26 insert: 27 amending s. 704.06, F.S.; providing that all 28 provisions of a conservation easement shall 29 survive and remain enforceable after the 30 issuance of a tax deed; authorizing two or more 31 counties, or a combination of at least one 5 6:31 PM 05/01/07 h720302e2c-22-ev9
Florida Senate - 2007 SENATOR AMENDMENT Bill No. HB 7203, 2nd Eng. Barcode 810406 1 county and municipality, to establish a tax 2 increment area for conservation lands by 3 interlocal agreement; providing requirements 4 for such an interlocal agreement; requiring 5 that a tax increment be determined annually; 6 limiting the amount of the tax increment; 7 requiring the establishment of a separate 8 reserve account for each tax increment area; 9 providing for a refund; requiring an annual 10 audit of the separate reserve account; 11 providing for the administration of the 12 separate reserve account; providing that the 13 governmental body that administers the separate 14 reserve account may spend revenues from the tax 15 increment to purchase real property only if all 16 parties to the interlocal agreement adopt a 17 resolution that approves the purchase price; 18 providing that a water management district may 19 be a party to the interlocal agreement; 20 requiring certain approvals from the Department 21 of Environmental Protection and the Department 22 of Community Affairs; providing a comparative 23 standard on which the minimum annual funding of 24 the separate reserve account must be based; 25 requiring a taxing authority that does not pay 26 tax increment revenues to the separate reserve 27 account before a specified date to pay a 28 specified amount of interest on the amount of 29 unpaid increment revenues; providing exemptions 30 for certain public bodies, taxing authorities, 31 school districts and special districts; 6 6:31 PM 05/01/07 h720302e2c-22-ev9
Florida Senate - 2007 SENATOR AMENDMENT Bill No. HB 7203, 2nd Eng. Barcode 810406 1 providing that revenue bonds may be paid only 2 from revenues deposited into the separate 3 reserve account; providing that such revenue 4 bonds are not a debt, liability, or obligation 5 of the state or any public body; providing 6 legislative findings; 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7 6:31 PM 05/01/07 h720302e2c-22-ev9