Florida Senate - 2008 SB 1502

By Senator Margolis

35-03509-08 20081502__

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A bill to be entitled

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An act relating to property leased for public purposes;

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amending s. 125.031, F.S.; exempting counties from a 30-

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year lease limitation under certain circumstances;

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providing an effective date.

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Be It Enacted by the Legislature of the State of Florida:

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     Section 1.  Section 125.031, Florida Statutes, is amended to

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read:

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     125.031  Lease or lease-purchases of property for public

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purposes.--Counties may enter into leases or lease-purchase

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arrangements relating to properties needed for public purposes

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for periods not to exceed 30 years at a stipulated rental to be

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paid from current or other legally available funds and may make

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all other contracts or agreements necessary or convenient to

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carry out such objective. The county shall have the right to

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enter into such leases or lease-purchase arrangements with

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private individuals, other governmental agencies, or

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corporations. When the term of such lease is for longer than 60

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months, the rental shall be payable only from funds arising from

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sources other than ad valorem taxation. Such leases or lease-

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purchase arrangements shall be subject to approval by the board

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of county commissioners, and no such lease or lease-purchase

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contract shall be entered into without said approval.

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Notwithstanding any provision of law to the contrary, a lease

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entered into by a county with the state or another governmental

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entity or authorized under the provisions of s. 125.01 is not

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subject to the 30-year lease term limitation of this section.

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     Section 2.  This act shall take effect July 1, 2008.

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