Florida Senate - 2007                        SENATOR AMENDMENT
    Bill No. CS for SB 800
                        Barcode 924178
                            CHAMBER ACTION
              Senate                               House
                                   .                    
                                   .                    
 1                                 .                    
                                   .                    
 2                                 .                    
                                   .                    
 3         Floor: WD/2R            .                    
       05/02/2007 09:10 AM         .                    
 4  ______________________________________________________________
 5  
 6  
 7  
 8  
 9  
10  ______________________________________________________________
11  Senator Constantine moved the following amendment:
12  
13         Senate Amendment (with title amendment) 
14         On page 16, between lines 15 and 16,
15  
16  insert:  
17         Section 6.  Subsection (4) of section 704.06, Florida
18  Statutes, is amended to read:
19         704.06  Conservation easements; creation; acquisition;
20  enforcement.--
21         (4)  Conservation easements shall run with the land and
22  be binding on all subsequent owners of the servient estate.
23  Notwithstanding the provisions of s. 197.552, all provisions
24  of a conservation easement shall survive and are enforceable
25  after the issuance of a tax deed. No conservation easement
26  shall be unenforceable on account of lack of privity of
27  contract or lack of benefit to particular land or on account
28  of the benefit being assignable. Conservation easements may be
29  enforced by injunction or proceeding in equity or at law, and
30  shall entitle the holder to enter the land in a reasonable
31  manner and at reasonable times to assure compliance.  A
                                  1
    11:52 AM   04/30/07                            s0800c1c-22-t9l

Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SB 800 Barcode 924178 1 conservation easement may be released by the holder of the 2 easement to the holder of the fee even though the holder of 3 the fee may not be a governmental body or a charitable 4 corporation or trust. 5 Section 7. Tax increment financing for conservation 6 lands.-- 7 (1) Two or more counties, or a combination of at least 8 one county and one or more municipalities, may establish, 9 through an interlocal agreement, a tax increment area for 10 conservation lands. The interlocal agreement, at a minimum, 11 must: 12 (a) Identify the geographic boundaries of the tax 13 increment area; 14 (b) Identify the real property to be acquired as 15 conservation land within the tax increment area; 16 (c) Establish the percentage of tax increment 17 financing for each jurisdiction in the tax increment area 18 which is a party to the interlocal agreement; 19 (d) Identify the governing body of the jurisdiction 20 that will administer a separate reserve account in which the 21 tax increment will be deposited; 22 (e) Require that any tax increment revenues not used 23 to purchase conservation lands by a date certain be refunded 24 to the parties to the interlocal agreement. Any refund shall 25 be proportionate to the parties' payment of tax increment 26 revenues into the separate reserve account; 27 (f) Provide for an annual audit of the separate 28 reserve account; 29 (g) Designate an entity to hold title to any 30 conservation lands purchased using the tax increment revenues; 31 (h) Provide for a continuing management plan for the 2 11:52 AM 04/30/07 s0800c1c-22-t9l
Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SB 800 Barcode 924178 1 conservation lands; and 2 (i) Identify the entity that will manage these 3 conservation lands. 4 (2) The water management district in which 5 conservation lands proposed for purchase under this section 6 are located may also enter into the interlocal agreement if 7 the district provides any funds for the purchase of the 8 conservation lands. The water management districts may only 9 use ad valorem tax revenues for agreements described within 10 this section. 11 (3) The governing body of the jurisdiction that will 12 administer the separate reserve account shall provide 13 documentation to the Department of Community Affairs 14 identifying the boundary of the tax increment area. The 15 department shall determine whether the boundary is appropriate 16 in that property owners within the boundary will receive a 17 benefit from the proposed purchase of identified conservation 18 lands. The department must issue a letter of approval stating 19 that the establishment of the tax increment area and the 20 proposed purchases would benefit property owners within the 21 boundary and serve a public purpose before any tax increment 22 funds are deposited into the separate reserve account. If the 23 department fails to provide the required letter within 90 days 24 after receiving sufficient documentation of the boundary, the 25 establishment of the area and the proposed purchases are 26 deemed to provide such benefit and serve a public purpose. 27 (4) Prior to the purchase of conservation lands under 28 this section, the Department of Environmental Protection must 29 determine whether the proposed purchase is sufficient to 30 provide additional recreational and ecotourism opportunities 31 for residents in the tax increment area. If the department 3 11:52 AM 04/30/07 s0800c1c-22-t9l
Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SB 800 Barcode 924178 1 fails to provide a letter of approval within 90 days after 2 receipt of the request for such a letter, the purchase is 3 deemed sufficient to provide recreation and ecotourism 4 opportunities. 5 (5) The tax increment authorized under this section 6 shall be determined annually and may not exceed 95 percent of 7 the difference in ad valorem taxes as provided in s. 8 163.387(1)(a), Florida Statutes. 9 (6) A separate reserve account must be established for 10 each tax increment area for conservation lands which is 11 created under this section. The separate reserve account must 12 be administered pursuant to the terms of the interlocal 13 agreement. Tax increment funds allocated to this separate 14 reserve account shall be used to acquire the real property 15 identified for purchase in the interlocal agreement. Pursuant 16 to the interlocal agreement, the governing body of the local 17 government that will administer the separate reserve account 18 may spend increment revenues to purchase the real property 19 only if all parties to the interlocal agreement adopt a 20 resolution approving the purchase price. 21 (7) The annual funding of the separate reserve account 22 may not be less than the increment income of each taxing 23 authority which is held as provided in the interlocal 24 agreement for the purchase of conservation lands. 25 (8) Unless otherwise provided in the interlocal 26 agreement, a taxing authority that does not pay the tax 27 increment revenues to the separate reserve account by January 28 1 shall pay interest on the amount of unpaid increment 29 revenues equal to 1 percent for each month that the increment 30 revenue remains outstanding. 31 (9) The public bodies and taxing authorities listed in 4 11:52 AM 04/30/07 s0800c1c-22-t9l
Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SB 800 Barcode 924178 1 s. 163.387(2)(c), Florida Statutes, school districts and 2 special districts that levy ad valorem taxes within a tax 3 increment area are exempt from this section. 4 (10) Revenue bonds under this section are payable 5 solely out of revenues pledged to and received by the local 6 government administering the separate reserve account and 7 deposited into the separate reserve account. The revenue bonds 8 issued under this section do not constitute a debt, liability, 9 or obligation of a public body, the state, or any of the 10 state's political subdivisions. 11 Section 8. The Legislature finds that an inadequate 12 supply of conservation lands limits recreational opportunities 13 and negatively impacts the economy, health, and welfare of the 14 surrounding community. The Legislature also finds that 15 acquiring conservation lands for recreational opportunities 16 and ecotourism serves a valid public purpose. 17 18 (Redesignate subsequent sections.) 19 20 21 ================ T I T L E A M E N D M E N T =============== 22 And the title is amended as follows: 23 On page 2, line 6, after the semicolon, 24 25 insert: 26 amending s. 704.06, F.S.; providing that all 27 provisions of a conservation easement shall 28 survive and remain enforceable after the 29 issuance of a tax deed; authorizing two or more 30 counties, or a combination of at least one 31 county and municipality, to establish a tax 5 11:52 AM 04/30/07 s0800c1c-22-t9l
Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SB 800 Barcode 924178 1 increment area for conservation lands by 2 interlocal agreement; providing requirements 3 for such an interlocal agreement; requiring 4 that a tax increment be determined annually; 5 limiting the amount of the tax increment; 6 requiring the establishment of a separate 7 reserve account for each tax increment area; 8 providing for a refund; requiring an annual 9 audit of the separate reserve account; 10 providing for the administration of the 11 separate reserve account; providing that the 12 governmental body that administers the separate 13 reserve account may spend revenues from the tax 14 increment to purchase real property only if all 15 parties to the interlocal agreement adopt a 16 resolution that approves the purchase price; 17 providing that a water management district may 18 be a party to the interlocal agreement; 19 requiring certain approvals from the Department 20 of Environmental Protection and the Department 21 of Community Affairs; providing a comparative 22 standard on which the minimum annual funding of 23 the separate reserve account must be based; 24 requiring a taxing authority that does not pay 25 tax increment revenues to the separate reserve 26 account before a specified date to pay a 27 specified amount of interest on the amount of 28 unpaid increment revenues; providing exemptions 29 for certain public bodies, taxing authorities, 30 school districts and special districts; 31 providing that revenue bonds may be paid only 6 11:52 AM 04/30/07 s0800c1c-22-t9l
Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SB 800 Barcode 924178 1 from revenues deposited into the separate 2 reserve account; providing that such revenue 3 bonds are not a debt, liability, or obligation 4 of the state or any public body; providing 5 legislative findings; 6 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 11:52 AM 04/30/07 s0800c1c-22-t9l