| 1 | A bill to be entitled |
| 2 | An act relating to county lease arrangements; amending s. |
| 3 | 125.031, F.S.; providing an exemption from term limitation |
| 4 | for leases entered into by a county with another |
| 5 | governmental entity; providing an effective date. |
| 6 |
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| 7 | Be It Enacted by the Legislature of the State of Florida: |
| 8 |
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| 9 | Section 1. Section 125.031, Florida Statutes, is amended |
| 10 | to read: |
| 11 | 125.031 Lease or lease-purchases of property for public |
| 12 | purposes.--Counties may enter into leases or lease-purchase |
| 13 | arrangements relating to properties needed for public purposes |
| 14 | for periods not to exceed 30 years at a stipulated rental to be |
| 15 | paid from current or other legally available funds and may make |
| 16 | all other contracts or agreements necessary or convenient to |
| 17 | carry out such objective. The county shall have the right to |
| 18 | enter into such leases or lease-purchase arrangements with |
| 19 | private individuals, other governmental agencies, or |
| 20 | corporations. When the term of such lease is for longer than 60 |
| 21 | months, the rental shall be payable only from funds arising from |
| 22 | sources other than ad valorem taxation. Such leases or lease- |
| 23 | purchase arrangements shall be subject to approval by the board |
| 24 | of county commissioners, and no such lease or lease-purchase |
| 25 | contract shall be entered into without said approval. |
| 26 | Notwithstanding any provision of law to the contrary, a lease |
| 27 | entered into by a county with another governmental entity as |
| 28 | authorized under the provisions of s. 125.01 shall not be |
| 29 | subject to the 30-year lease term limitation of this section. |
| 30 | Section 2. This act shall take effect July 1, 2008. |