CS/HB 311

1
A bill to be entitled
2An act relating to the Jacksonville Transportation
3Authority; amending s. 349.02, F.S.; revising definitions;
4defining the term "transportation facilities"; amending s.
5349.03, F.S.; specifying that the authority is an agency
6of the state and not a unit of any other political
7subdivision; revising a requirement for membership on the
8governing body of the authority to provide that an
9appointed member must be a resident and elector of Duval
10County; amending s. 349.04, F.S.; revising scope of the
11authority to include certain services throughout Duval
12County; revising authority, powers, rights, and
13responsibilities of the authority to provide for planning,
14coordinating, developing, financing, refinancing,
15constructing, owning, leasing, purchasing, operating,
16maintaining, relocating, equipping, repairing, and
17managing described transportation projects intended to
18address needs or concerns in the Jacksonville, Duval
19County, metropolitan area; requiring the Florida
20Transportation Commission to monitor and conduct periodic
21reviews of the authority; providing for financial
22disclosure; revising bonding provisions; providing for the
23authority to fix, alter, charge, establish, and collect
24rates, fees, rentals, and other charges for any
25transportation facilities of the authority; authorizing
26purchases under government contract; revising eminent
27domain provisions to include specified procedural powers;
28authorizing use of local option taxes or county gasoline
29tax funds to secure the payment of bonds; authorizing the
30authority to establish and fund reserve accounts, adopt an
31annual budget, use purchasing schedules and master
32purchasing contracts, retain legal counsel and other
33consultants, construct and own and maintain transportation
34facilities outside the jurisdictional boundaries of Duval
35County, form public benefit corporations, require bid
36bonds and protest bonds, prequalify bidders or proposers,
37suspend or debar consultants and contractors, and create
38and operate an employees' benefit fund; providing for the
39authority to expand its service area and enter into a
40partnership with a contiguous county; providing that the
41powers and obligations of the authority shall not be
42subject to supervision, approval, or consent of any
43municipality or county except as agreed upon in an
44interlocal agreement; providing for certain contractual
45obligations and recovery of damages; providing for
46relocation of utility facilities interfering with
47transportation projects; authorizing the authority to
48enter lands, waters, and premises of another in the
49performance of its duties; amending s. 349.041, F.S.;
50revising provisions for funds appropriated by the City of
51Jacksonville to the authority; repealing s. 349.042, F.S.,
52relating to the Jacksonville area planning board review of
53construction and operation of the expressway and transit
54functions of the authority; creating s. 349.043, F.S.;
55requiring a public hearing prior to designation or
56relocation of transportation facilities or substantive
57changes thereto; providing procedures; requiring
58compliance with federal requirements related to new or
59altered transportation facilities or services; amending s.
60349.05, F.S.; authorizing bonds to be issued on behalf of
61the authority; revising provisions for issuance and sale
62of bonds; authorizing certain refunding bonds; revising
63provisions for resolutions authorizing bonds; revising
64provisions for fiscal agents; providing that bonds are not
65obligations of the state; repealing s. 349.06, F.S.,
66relating to remedies of the bondholders; creating s.
67349.061, F.S.; providing approval for bond financing by
68the authority; amending s. 349.07, F.S.; revising
69provisions authorizing the Department of Transportation to
70expend certain funds and use its resources for certain
71items related to the Jacksonville Expressway System;
72amending s. 349.10, F.S.; revising provisions for the
73authority to acquire lands and rights therein; limiting
74liability of the authority with respect to certain
75contamination of lands acquired; authorizing the authority
76and the Department of Environmental Protection to enter
77into agreements for the performance and funding of
78investigative and remedial acts; amending s. 349.12, F.S.;
79revising covenant of the state related to bonds of the
80authority; amending s. 349.13, F.S.; specifying conditions
81under which property leased by the authority is exempt
82from ad valorem taxes; amending s. 349.15, F.S.; revising
83provisions for enforcement of rights by bondholders;
84amending s. 349.17, F.S.; revising provisions for
85application of and exemption from other laws relating to
86issuance of bonds; amending s. 349.21, F.S.; revising
87provisions for use of charter county transit system surtax
88funds; creating s. 349.22, F.S.; providing conditions for
89the authority to receive or solicit proposals and enter
90into agreements with private entities for the building,
91operation, ownership, or financing of highways, bridges,
92multimodal transportation systems, transit-oriented
93development nodes, transit stations, or related
94transportation facilities; requiring certain costs to be
95paid by the private entity; authorizing the department to
96use state funds for projects on or that increase mobility
97on the State Highway System; requiring notice of proposals
98and providing procedures; providing for agreements to
99authorize the public-private entity to impose tolls;
100requiring public-private transportation facilities to
101comply with laws, comprehensive plans, and the authority's
102rules, policies, procedures, standards, and conditions;
103authorizing the authority to exercise its powers to
104facilitate public-private projects; providing for
105application; providing an effective date.
106
107Be It Enacted by the Legislature of the State of Florida:
108
109     Section 1.  Section 349.02, Florida Statutes, is amended to
110read:
111     349.02  Definitions.--
112     (1)  Except in those instances where the context clearly
113indicates otherwise, whenever used or referred to in this
114chapter, the following terms whenever used or referred to in
115this law shall have the following meanings, except in those
116instances where the context clearly indicates otherwise:
117     (a)(1)  The term "Authority" means shall mean the body
118politic and corporate, an agency of the state created by this
119chapter.
120     (b)(2)  The term "Members" means shall mean the governing
121body of the authority, and the term "member" means shall mean
122one of the individuals constituting such governing body.
123     (c)(3)  The term "Bonds" means and includes shall mean and
124include the notes, bonds, refunding bonds, or other evidences of
125indebtedness or obligations, in either temporary or definitive
126form, that which the authority is authorized to issue pursuant
127to this chapter.
128     (d)(4)  The term "Lease-purchase agreement" means shall
129mean the lease-purchase agreements that which the authority is
130authorized pursuant to this chapter to enter into with the
131department of Transportation.
132     (e)(5)  The term "Department" means shall mean the
133Department of Transportation existing under chapters 334-339.
134     (f)(6)  The terms "Florida State Improvement Commission" or
135"commission" means shall mean the state agency created,
136organized, and existing under and by virtue of the provisions of
137former chapter 420, or the successor thereto, chapter 29788,
138Acts of 1955, now chapter 288.
139     (g)(7)  The term "County" means shall mean the County of
140Duval.
141     (h)(8)  The term "City" means shall mean the City of
142Jacksonville.
143     (i)(9)  The term "State Board of Administration" means
144shall mean the body corporate existing under the provisions of
145s. 9, Art. XII of the State Constitution, or any successor
146thereto.
147     (j)(10)  The term "Agency of the state" means and includes
148shall mean and include the state and any department of the
149state, or any corporation, agency, or instrumentality heretofore
150or hereafter created, designated, or established by, the state.
151     (k)(11)  The term "Federal agency" means and includes shall
152mean and include the United States, the President of the United
153States, and any department of the United States, or any
154corporation, agency, or instrumentality heretofore or hereafter
155created, designated, or established by, the United States.
156     (l)(12)  The term "Duval County gasoline tax funds" means
157shall mean all the 80-percent surplus gasoline tax funds
158accruing in each year to the Department of Transportation for
159use in Duval County under the provisions of s. 9, Art. XII of
160the State Constitution, after deduction only of any amounts of
161said gasoline tax funds heretofore pledged by the department or
162the county for outstanding obligations.
163     (m)  "Transportation facilities" means and includes all
164mobile and fixed assets (real or personal property or rights
165therein) used in the transportation of persons or property by
166any means of conveyance whatsoever, and all appurtenances
167thereto, such as, but not limited to, highways; limited or
168controlled access lanes and facilities; docks, vessels,
169vehicles, fixed guideway facilities, and any means of conveyance
170of persons or property of all types; park-and-ride facilities;
171transit-related improvements adjacent to transit facilities or
172stations; bus, train, vessel, or other vehicle storage,
173cleaning, fueling, control, and maintenance facilities; and
174administrative and other office space for the exercise by the
175authority of the powers and obligations herein granted.
176     (2)(13)  Words importing singular number shall include the
177plural number in each case and vice versa, and words importing
178persons shall include firms and corporations.
179     Section 2.  Subsections (1) and (2) of section 349.03,
180Florida Statutes, are amended to read:
181     349.03  Jacksonville Transportation Authority.--
182     (1)  There is hereby created and established a body politic
183and corporate and an agency of the state to be known as the
184Jacksonville Expressway Authority, redesignated as the
185Jacksonville Transportation Authority, and hereinafter referred
186to as the "authority." Notwithstanding any other general or
187special law, the authority created under this section is an
188agency of the state and not a component unit of any other
189political subdivision.
190     (2)  The governing body of the authority shall consist of
191seven members. Three members shall be appointed by the Governor
192and confirmed by the Senate. Three members shall be appointed by
193the mayor of the City of Jacksonville subject to confirmation by
194the council of the City of Jacksonville. The seventh member
195shall be the district secretary of the Department of
196Transportation serving in the district that contains the City of
197Jacksonville. Except for the seventh member, members shall be
198residents and qualified electors of Duval County the City of
199Jacksonville.
200     Section 3.  Section 349.04, Florida Statutes, is amended to
201read:
202     349.04  Purposes and powers.--
203     (1)(a)  The authority created and established by the
204provisions of this chapter is hereby granted and shall have the
205right to acquire, hold, construct, improve, maintain, operate,
206own, and lease in the capacity of lessor the Jacksonville
207Expressway System (hereinafter referred to as "system"),
208heretofore partially constructed or acquired by the Florida
209State Improvement Commission in the Jacksonville, Duval County,
210metropolitan area, as more specifically described in the
211proceedings of the commission which authorized the issuance of
212$28 million in bonds of the commission for such purpose, and as
213hereafter completed or improved or extended as authorized by
214this chapter, and all appurtenant facilities, including all
215approaches, streets, roads, bicycle paths, bridges, and avenues
216of access for the Jacksonville Expressway System, and to
217construct or acquire extensions, additions, and improvements to
218the system and to complete the construction and acquisition of
219the system.
220     (b)  The authority may, in addition, acquire, hold,
221construct, improve, operate, maintain, and lease in the capacity
222of lessor a mass transit system employing motor cars or buses;
223street railway systems beneath the surface, on the surface, or
224above the surface; or any other means determined useful to the
225rapid transfer of large numbers of people among the locations of
226residence, commerce, industry, and education in Duval County the
227City of Jacksonville.
228     (c)  The authority may further plan, coordinate, and
229recommend to appropriate officers and agencies of federal,
230state, and local governments methods and facilities for the
231parking of vehicles, the movement of pedestrians, and vehicular
232traffic (including bicycles), public and private, in Duval
233County the City of Jacksonville, to accomplish a coordinated
234transportation system for the greater Jacksonville area. The
235authority may construct and operate passenger terminals for the
236parking of automobiles and movement by public conveyance of
237persons and construct and operate all other facilities necessary
238to a complete and coordinated transportation system in the
239Jacksonville area.
240     (d)  It is the express intention of this chapter that the
241authority, in completing the construction of the Jacksonville
242Expressway System, is not limited to the description thereof
243contained in the proceedings of the commission which authorized
244the issuance of $28 million in bonds to finance part of the cost
245thereof, but it is authorized to finance and construct any
246additional extensions, additions, or improvements to the system,
247or appurtenant facilities, including all necessary approaches,
248roads, bicycle ways, bridges, and avenues of access, with such
249changes, modifications, or revisions of the project as are
250deemed desirable and proper. It is the intent of this chapter,
251and to effect its purposes the Legislature determines, that
252bonds issued under this chapter be deemed to be state capital
253improvement bonds to finance or refinance the cost of state
254capital projects pursuant to s. 11(d), Art. VII of the State
255Constitution. However, the provisions of s. 316.091(2), relating
256to bicycles, do not apply to this system.
257     (e)  In addition to the other powers set forth in this
258chapter, the authority has the right to plan, develop, finance,
259construct, own, lease, purchase, operate, maintain, relocate,
260equip, repair, and manage those public transportation projects,
261such as express bus services; bus rapid transit services; light
262rail, commuter rail, heavy rail, or other transit services;
263ferry services; transit stations; park-and-ride lots; transit-
264oriented development nodes; or feeder roads, reliever roads,
265connector roads, bypasses, or appurtenant facilities, that are
266intended to address critical transportation needs or concerns in
267the Jacksonville, Duval County, metropolitan area. These
268projects may also include all necessary approaches, roads,
269bridges, and avenues of access that are desirable and proper
270with the concurrence of the department, as applicable, if the
271project is to be part of the State Highway System.
272     (f)(e)  The authority, in addition to the other powers and
273duties provided, shall have the power and responsibility to
274formulate and implement a plan for a mass transit system which
275will serve Duval County and the consolidated City of
276Jacksonville.
277     (2)  The authority is hereby granted, and shall have and
278may exercise all powers necessary, appurtenant, convenient, or
279incidental to the carrying out of the aforesaid purposes,
280including, but without being limited to, the right and power:
281     (a)  To sue and be sued, implead and be impleaded, and
282complain and defend in all courts.
283     (b)  To adopt, use, and alter at will a corporate seal.
284     (c)  To acquire, purchase, construct, hold, lease as lessee
285or lessor, and use any franchise or any property, real,
286personal, or mixed, tangible or intangible, or any interest
287therein, necessary or desirable for carrying out the purposes of
288the authority and to sell, lease as lessor, transfer, and
289dispose of any property or interest therein at any time acquired
290by it, including, without limitation, land, buildings, and other
291facilities located within or comprising transit-oriented
292developments which enhance the use or utility of transportation
293facilities owned or constructed by the authority and
294administrative and other buildings for the use of the authority
295in carrying out its powers and obligations granted in this
296chapter.
297     (d)  To enter into and make leases for terms not exceeding
29840 years, as either lessee or lessor, in order to carry out the
299right to lease as set forth in this chapter.
300     (e)  To enter into and make lease-purchase agreements with
301the department for terms not exceeding 40 years, or until any
302bonds secured by a pledge of rentals thereunder, and any
303refundings thereof, are fully paid as to both principal and
304interest, whichever is longer.
305     (f)  To fix, alter, charge, establish, and collect rates,
306fees, rentals, and other charges for the services and facilities
307of the Jacksonville Expressway System and any other
308transportation facilities of the authority, which rates, fees,
309rentals, and other charges shall always be sufficient to comply
310with any covenants made with the holders of any bonds issued
311pursuant to this chapter; this right and power may be assigned
312or delegated by the authority to the department.
313     (g)1.  To borrow money and make and issue negotiable notes,
314bonds, refunding bonds, and other evidences of indebtedness or
315obligations, either in temporary or definitive form,
316(hereinafter in this chapter sometimes called "bonds"), of the
317authority, for the purpose of funding or refunding, at or prior
318to maturity, any bonds theretofore issued by the authority, or
319by the Florida State Improvement Commission to finance part of
320the cost of the Jacksonville Expressway System, and purposes
321related thereto, and for the purpose of financing or refinancing
322all or part of the costs of completion, or improvement, or
323extension of the Jacksonville Expressway System, and appurtenant
324facilities, including all approaches, streets, roads, bridges,
325and avenues of access for the Jacksonville Expressway System and
326for any other purpose authorized by this chapter, such bonds to
327mature in not exceeding 40 years from the date of the issuance
328thereof; and to secure the payment of such bonds or any part
329thereof by a pledge of any or all of its revenues, rates, fees,
330rentals, or other charges, including all or any portion of the
331Duval County gasoline tax funds received by the authority
332pursuant to the terms of any lease-purchase agreement between
333the authority and the department; and in general to provide for
334the security of such bonds and the rights and remedies of the
335holders thereof.
336     2.  In the event that the authority determines to fund or
337refund any bonds theretofore issued by the authority, or by the
338commission as aforesaid, prior to the maturity thereof, the
339proceeds of such funding or refunding bonds shall, pending the
340prior redemption of the bonds to be funded or refunded, be
341invested in direct obligations of the United States; and it is
342the express intention of this chapter that such outstanding
343bonds may be funded or refunded by the issuance of bonds
344pursuant to this chapter notwithstanding that part of such
345outstanding bonds will not mature or become redeemable until 6
346years after the date of issuance of bonds pursuant to this
347chapter to fund or refund such outstanding bonds.
348     (h)  To make contracts of every name and nature and to
349execute all instruments necessary or convenient for the carrying
350on of its business.
351     (i)  Without limitation of the foregoing, to borrow money
352and accept grants from, and to enter into contracts, leases, or
353other transactions with, any federal agency, the state, any
354agency of the state, the County of Duval, the City of
355Jacksonville, or any other public body of the state and to make
356purchases under government contracts, whether with a federal,
357state, or local governmental entity.
358     (j)  To have the power of eminent domain, including the
359procedural powers granted under chapters 73 and 74.
360     (k)  To pledge, hypothecate, or otherwise encumber all or
361any part of the revenues, rates, fees, rentals, or other charges
362or receipts of the authority, including all or any portion of
363the Duval County gasoline tax funds received by the authority
364pursuant to the terms of any lease-purchase agreement between
365the authority and the department, as security for all or any of
366the obligations of the authority.
367     (l)  To do all acts and things necessary or convenient for
368the conduct of its business and the general welfare of the
369authority, in order to carry out the powers granted to it by
370this chapter or any other law.
371     (m)  To invest and to borrow money and make and issue
372negotiable notes, bonds, refunding bonds, and other evidences of
373indebtedness or obligations, either in temporary or definitive
374form, of the authority for the purpose of financing or
375refinancing all or a part of funding or refunding the cost of
376the acquisition or improvement of transportation facilities
377motor or street railway vehicles, passenger terminals,
378automobile parking facilities, or administrative offices and for
379any other purposes authorized by this chapter, such bonds to
380mature in not exceeding 40 years from the date of the issuance
381thereof; to secure the payment of such bonds or any part thereof
382by a pledge of any or all of its revenues, rates, fees, rentals,
383or other charges, including, without limitation, all or any
384portion of local option taxes or county gasoline tax funds
385received by the authority; and in general to provide for the
386security of such bonds and the rights and remedies of the
387holders thereof.
388     (n)  To adopt rules to carry out the powers and obligations
389herein granted, which set forth a purpose, necessary
390definitions, forms, general conditions and procedures, and fines
391and penalties, including, without limitation, suspension or
392debarment, and charges for nonperformance, with respect to any
393aspect of the work or function of the authority for the
394permitting, planning, funding, design, acquisition,
395construction, equipping, operation, and maintenance of
396transportation facilities, transit and highway, within the
397state, provided or operated by the authority or others in
398cooperation with or at the direction of the authority, and for
399carrying out all other purposes of the authority set forth or
400authorized in this chapter.
401     (o)  To establish and fund reserve accounts with respect to
402its operations and functions, make withdrawals therefrom, and
403replenish such accounts, as the governing body may reasonably
404determine.
405     (p)  To adopt and approve an annual budget, and to utilize
406purchasing schedules and master purchasing contracts of the
407state or any federal agency, to the extent permitted by law.
408     (q)  To retain legal counsel and financial, engineering,
409real estate, accounting, design, planning, and other consultants
410from time to time as the authority may determine to assist in
411the carrying out of the powers and obligations granted in this
412chapter.
413     (r)  With the consent of the county within whose
414jurisdiction the following activities occur, to construct, own,
415operate, and maintain transportation facilities outside the
416jurisdictional boundaries of Duval County, with all necessary
417and incidental powers to accomplish the foregoing.
418     (s)  To form, alone or with one or more other agencies of
419the state or local governments, public benefit corporations to
420carry out the powers and obligations granted in this chapter or
421the powers and obligations of such other agencies or local
422governments.
423     (t)  To require or elect not to require bid bonds and
424protest bonds, to prequalify bidders or proposers in various
425categories of work or services, and to suspend or debar
426consultants and contractors in accordance with the rules of the
427authority.
428     (u)  To create and operate an employees' benefit fund for
429employees of the authority or public benefit corporations
430controlled by it. The proceeds of vending machines located on
431the premises of the authority or such corporations shall be paid
432into the fund and used for such benefits and purposes as the
433authority may determine.
434     (3)  The authority shall have no power at any time or in
435any manner to pledge the credit or taxing power of the state or
436any political subdivision or agency thereof; nor shall any of
437the obligations of the authority be deemed to be obligations of
438the state or of any political subdivision or agency thereof; nor
439shall the state or any political subdivision or agency thereof,
440except the authority, be liable for the payment of the principal
441of, or interest on, such obligations. However, this provision is
442not applicable to the type or manner of financing authorized by
443s. 9(c)(5), Art. XII of the State Constitution, as amended, and
444laws enacted pursuant thereto.
445     (4)  By a resolution of its governing body, the authority
446may expand its service area and enter into a partnership with
447any county that is contiguous to the then-current service area
448of the authority. The governing body shall determine the
449conditions and terms of the partnership, except as provided in
450this section. However, the authority may not expand its service
451area without the consent of the governing body representing the
452proposed expansion area.
453     (5)  Except as otherwise expressly provided in this
454chapter, none of the powers and obligations herein granted to
455the authority shall be subject to the supervision or require the
456approval or consent of any municipality or county, except as may
457be agreed upon by the authority in an interlocal agreement with
458a municipality or county.
459     (6)  No oral modification of a contract, whether for
460construction of highway facilities or other transportation
461facilities, shall be binding upon the authority or form the
462basis for a claim against the authority. Only the chair of the
463governing body or executive director of the authority, or the
464designee of either, may bind the authority. In addition to any
465provisions for liquidated damages for delay by contractors in
466construction of transportation facilities for the authority, the
467authority may also recover from the contractor amounts owing or
468paid by the authority for damages suffered by third parties as a
469result of the contractor's failure to complete the project
470within the time stipulated in the contract, as amended by the
471authority. In all cases in which damages to the authority for
472delay are not specified by contract as a liquidated amount, the
473measure of such damages shall be based upon an analysis of the
474cost savings, in travel time and travel costs, to the traveling
475public for transportation facilities that are not revenue-
476producing.
477     (7)  The authority shall be deemed to be an "authority" for
478purposes of s. 337.403, shall have all of the powers granted to
479authorities under s. 337.403, and shall have the powers granted
480to the Department of Transportation under s. 337.274 with
481respect to its powers and obligations granted in this chapter.
482     (8)  The authority shall be deemed to be an "authority" for
483purposes of s. 20.23(2)(b)8., relating to monitoring and review
484by the Florida Transportation Commission, and for purposes of s.
485348.0003(4)(c), relating to financial disclosure requirements
486for authority members.
487     Section 4.  Section 349.041, Florida Statutes, is amended
488to read:
489     349.041  Provision of funds and services by city to
490authority; employment of legal counsel.--
491     (1)  The authority shall prepare and submit annually its
492requests for such funds as it may require from the city for the
493ensuing year to the council of the city on or before June 1,
494setting forth its estimated gross revenues and requirements with
495respect to the activities or transportation facilities for which
496funds of the city are sought estimated requirements for
497operations, maintenance expenses, and debt service. A copy of
498such requests shall be furnished to the Department of
499Transportation. The council and the mayor of the City of
500Jacksonville may appropriate such funds as they deem appropriate
501for the use of the authority.
502     (2)  Except as the council may provide, and except as
503otherwise required by any trust indenture outstanding on
504September 1, 1971, the authority shall utilize, on a cost-
505accounted basis, the central services of the city, and shall pay
506therefor. The authority may, however, employ legal counsel it
507deems necessary, upon resolution of the authority.
508     Section 5.  Section 349.042, Florida Statutes, is repealed.
509     Section 6.  Section 349.043, Florida Statutes, is created
510to read:
511     349.043  Public hearings for transportation
512facilities.--Transportation facilities may not be designated or
513relocated by the authority, nor may substantive changes be made
514thereto, until after a public hearing is conducted by the
515authority. Any interested party shall have the opportunity to be
516heard either in person or by counsel and to introduce testimony
517in such person's behalf at the hearing. Reasonable notice of
518each such public hearing shall be published in a newspaper of
519general circulation in each county directly affected by the
520proposed transportation facility not less than 14 days prior to
521the hearing. In addition, the authority shall comply with all
522applicable federal requirements related to new or altered
523transportation facilities or services.
524     Section 7.  Section 349.05, Florida Statutes, is amended to
525read:
526     349.05  Bonds of the authority; bonds not debt or pledges
527of credit of state.--
528     (1)(a)  Bonds may be issued on behalf of the authority
529pursuant to the State Bond Act or, alternatively, the authority
530may issue bonds pursuant to paragraph (b).
531     (b)1.  The bonds of the authority issued pursuant to the
532provisions of this chapter, whether an original issuance or on
533refunding, shall be authorized by resolution of the members
534thereof and may be issued in one or more series, may be either
535term or serial bonds, and shall bear such date or dates, be
536payable on demand or mature at such time or times, not exceeding
53740 years from their respective dates, bear interest, fixed or
538variable, at such rate or rates, not exceeding the maximum
539lawful interest rate payable semiannually, be in such
540denominations, be in such form, either coupon or fully
541registered, carry such registration, exchangeability, and
542interchangeability privileges, be payable in such medium of
543payment and at such place or places, be subject to such terms of
544redemption, with or without premium, and other terms, have such
545rank, and be entitled to such remedies and priorities on the
546revenues, rates, fees, rentals, or other charges or receipts of
547the authority including all or any portion of local option sales
548tax or the Duval county gasoline tax funds received by the
549authority pursuant to the terms of any lease-purchase agreement
550between the authority and the department, as the authority may
551determine such resolution or any resolution subsequent thereto
552may provide. The bonds shall be executed either by manual or
553facsimile signature by such officers as the authority shall
554determine, provided that such bonds shall bear at least one
555signature that which is manually executed thereon, and the
556coupons attached to such bonds shall bear the facsimile
557signature or signatures of such officer or officers as shall be
558designated by the authority and shall have the seal of the
559authority affixed, imprinted, reproduced, or lithographed
560thereon, all as may be prescribed in such resolution or
561resolutions.
562     2.(b)  Such bonds shall be sold at public or private sale
563at such price or prices as the authority determines to be in its
564best interest, except that the interest costs to the authority
565on such bonds may not exceed the maximum lawful interest rate.
566The authority shall provide a specific finding by resolution as
567to the reason requiring any negotiated sale must be sold at
568public sale in the manner provided by the State Bond Act.
569However, if the authority, by official action at a public
570meeting, determines that a negotiated sale of the bonds is in
571the best interest of the authority, the authority may negotiate
572for sale of the bonds with the underwriter or underwriters
573designated by the authority and the Division of Bond Finance of
574the State Board of Administration. Pending the preparation of
575definitive bonds, interim certificates may be issued to the
576purchaser or purchasers of such bonds and may contain such terms
577and conditions as the authority may determine.
578     3.  The authority may issue bonds pursuant to this
579paragraph to refund any bonds previously issued regardless of
580whether the bonds being refunded were issued by the authority
581pursuant to this chapter or on behalf of the authority pursuant
582to the State Bond Act.
583     (2)  Any such resolution or resolutions authorizing any
584bonds hereunder may contain provisions, and valid and legally
585binding covenants of the authority, which shall be part of the
586contract with the holders of such bonds, as to:
587     (a)  The pledging of all or any part of the revenues,
588rates, fees, rentals, including the sales surtax adopted
589pursuant to s. 212.055(1) (including all or any portion of the
590Duval county gasoline tax funds received by the authority
591pursuant to the terms of any lease-purchase agreement between
592the authority and the department, or any part thereof), or other
593charges or receipts of any nature of the authority, whether or
594not derived by the authority from the Jacksonville Expressway
595System or its other transportation facilities;
596     (b)  The completion, improvement, operation, extension,
597maintenance, repair, lease, or lease-purchase agreement of said
598system or transportation facilities, and the duties of the
599authority and others, including the department, with reference
600thereto;
601     (c)  Limitations on the purposes to which the proceeds of
602the bonds, then or thereafter to be issued, or of any loan or
603grant, by the United States or the state may be applied;
604     (d)  The fixing, charging, establishing, and collecting of
605rates, fees, rentals, or other charges for use of the services
606and facilities of the Jacksonville Expressway System or any part
607thereof or its other transportation facilities;
608     (e)  The setting aside of reserves or sinking funds or
609repair and replacement funds and the regulation and disposition
610thereof;
611     (f)  Limitations on the issuance of additional bonds;
612     (g)  The terms and provisions of any lease-purchase
613agreement, deed of trust, or indenture securing the bonds, or
614under which the same may be issued; and
615     (h)  Any other or additional provisions, covenants, and
616agreements with the holders of the bonds which the authority may
617deem desirable and proper.
618     (3)  The authority may employ fiscal agents as provided by
619this chapter or the State Board of Administration may, upon
620request by the authority, act as fiscal agent for the authority
621in the issuance of any bonds that may be issued pursuant to this
622chapter, and the State Board of Administration may, upon request
623by the authority, take over the management, control,
624administration, custody, and payment of any or all debt services
625or funds or assets now or hereafter available for any bonds
626issued pursuant to this chapter. The authority may enter into
627deeds of trust, indentures, or other agreements with a corporate
628trustee or trustees, which shall act as its fiscal agent for the
629authority and may be, or with any bank or trust company within
630or without the state, as security for such bonds, and may, under
631such agreements, assign and pledge all or any of the revenues,
632rates, fees, rentals, or other charges or receipts of the
633authority, including all or any portion of local option taxes or
634the Duval county gasoline tax funds received by the authority
635pursuant to the terms of any lease-purchase agreement between
636the authority and the department, thereunder. Such deed of
637trust, indenture, or other agreement, may contain such
638provisions as are is customary in such instruments or, as the
639authority may authorize, including, but without limitation,
640provisions as to:
641     (a)  The completion, improvement, operation, extension,
642maintenance, repair, and lease of, or lease-purchase agreement
643relating to, all or any part of transportation facilities
644authorized in this chapter to be constructed, acquired,
645developed, or operated by the authority the Jacksonville
646Expressway System, and the duties of the authority and others,
647including the department, with reference thereto;
648     (b)  The application of funds and the safeguarding of funds
649on hand or on deposit;
650     (c)  The rights and remedies of the trustee and the holders
651of the bonds; and
652     (d)  The terms and provisions of the bonds or the
653resolutions authorizing the issuance of the same.
654     (4)  Any of the bonds issued pursuant to this chapter are,
655and are hereby declared to be, negotiable instruments, and shall
656have all the qualities and incidents of negotiable instruments
657under the law merchant and the negotiable instruments law of the
658state.
659     (5)  Notwithstanding any of the provisions of this chapter,
660each project, building, or facility that which has been financed
661by the issuance of bonds or other evidences of indebtedness
662under this chapter and any refinancing thereof is hereby
663approved as provided for in s. 11(f), Art. VII of the State
664Constitution.
665     (6)  Revenue bonds issued under the provisions of this
666chapter are not debts of the state or pledges of the faith and
667credit of the state. Such bonds are payable exclusively from
668revenues pledged for their payment. Each such bond shall contain
669a statement on its face that the state is not obligated to pay
670the same or the interest thereon, except from the revenues
671pledged for their payment, and that the faith and credit of the
672state is not pledged to the payment of the principle or interest
673of such bond. The issuance of revenue bonds under the provisions
674of this chapter does not directly, indirectly, or contingently
675obligate the state to levy or to pledge any form of taxation
676whatsoever or to make any appropriation for their payment.
677     Section 8.  Section 349.06, Florida Statutes, is repealed.
678     Section 9.  Section 349.061, Florida Statutes, is created
679to read:
680     349.061  Bond financing authority.--Pursuant to s. 11(f),
681Art. VII of the State Constitution, the Legislature hereby
682approves for bond financing by the authority any extensions,
683additions, and improvements to the Jacksonville Expressway
684System and any other facilities appurtenant, necessary, or
685incidental to the system or any transportation facilities herein
686authorized to be constructed, acquired, or operated by the
687authority. Subject to terms and conditions of applicable revenue
688bond resolutions and covenants, such costs may be financed in
689whole or in part by revenue bonds issued pursuant to s.
690349.05(1)(a) or (b), whether currently issued or issued in the
691future, or by a combination of such bonds.
692     Section 10.  Subsection (7) of section 349.07, Florida
693Statutes, is amended to read:
694     349.07  Lease-purchase agreement.--
695     (7)  Regardless of whether the authority enters into a
696lease-purchase agreement with the department relating to the
697system or any part thereof, the Said system shall be a part of
698the State Highway road System and the said department is hereby
699authorized, upon the request of the authority, to expend out of
700any funds available for the purpose such moneys, and to use such
701of its engineering and other forces, as may be necessary and
702desirable in the judgment of the said department, for the
703operation of the said authority and for traffic surveys,
704borings, surveys, preparation of plans and specifications,
705estimates of cost, and other preliminary engineering and other
706studies; provided, however, that the aggregate amount of moneys
707expended for said purposes by said department shall not exceed
708the sum of $375,000.
709     Section 11.  Section 349.10, Florida Statutes, is amended
710to read:
711     349.10  Acquisition of lands and property.--
712     (1)  For the purposes of this chapter, law the Jacksonville
713Transportation Authority may acquire private or public property
714and property rights, including rights of access, air, view, and
715light, by gift, devise, purchase, or condemnation by eminent
716domain proceedings, as the authority may deem necessary,
717including, but not limited to, any lands reasonably necessary
718for securing applicable permits, areas necessary for management
719of access, borrow pits, drainage ditches, water retention areas,
720rest areas, replacement access for landowners whose access is
721impaired due to the construction of transportation facilities,
722and replacement rights-of-way for relocated rail and utility
723facilities, and areas necessary for existing, proposed, or
724anticipated transportation facilities or in a transportation
725corridor designated by the authority. The authority shall also
726have the power to condemn any material and property necessary
727for such for any of the purposes of this chapter. Property
728already devoted to a public use may be acquired in like manner,
729provided that no real property belonging to the city, the
730county, the state, or any political subdivision thereof may be
731acquired without its consent. The right of eminent domain herein
732conferred shall be exercised by the authority in the manner
733provided by law.
734     (2)  The authority may acquire such rights, title,
735interest, or easements in such lands as it may deem necessary
736for any of the purposes of this chapter.
737     (3)  In connection with the acquisition of property or
738property rights as herein provided, the authority may in its
739discretion acquire an entire lot, block, or tract of land, if by
740so doing the interests of the public will be best served, even
741though said entire lot, block, or tract is not immediately
742needed for the right-of-way proper.
743     (4)  When the authority acquires property for a
744transportation facility or in a transportation corridor, it is
745not subject to any liability imposed by chapter 376 or chapter
746403 for preexisting soil or groundwater contamination due solely
747to its ownership. This section does not affect the rights or
748liabilities of any past or future owners of the acquired
749property nor does it affect the liability of any governmental
750entity for the results of its actions that create or exacerbate
751a pollution source. The authority and the Department of
752Environmental Protection may enter into interagency agreements
753for the performance, funding, and reimbursement for the costs of
754the investigative and remedial acts necessary for property
755acquired by the authority.
756     Section 12.  Section 349.12, Florida Statutes, is amended
757to read:
758     349.12  Covenant of the state.--The state does hereby
759pledge to, and agree agrees, with any person, firm or
760corporation, or federal or state agency subscribing to, or
761acquiring the bonds to be issued by the authority for the
762purposes of this chapter that the state will not limit or alter
763the rights hereby vested in the authority and the department
764until all bonds at any time issued, together with the interest
765thereon, are fully paid and discharged insofar as the same
766affects the rights of the holders of bonds issued hereunder. The
767state does further pledge to, and agree, with the United States
768and any federal agency that, in the event that any federal
769agency shall construct or contribute any funds for the
770completion, extension, or improvement of the Jacksonville
771Expressway System or other transportation facilities of the
772authority, or any part or portion thereof, the state will not
773alter or limit the rights and powers of the authority and the
774department in any manner that which would be inconsistent with
775the continued maintenance and operation of the Jacksonville
776Expressway System or other transportation facilities of the
777authority or the completion, extension, or improvement thereof,
778or that which would be inconsistent with the due performance of
779any agreements between the authority and any such federal
780agency, and the authority and the department shall continue to
781have and may exercise all powers herein granted, so long as the
782same shall be necessary or desirable for the carrying out of the
783purposes of this chapter and the purposes of the United States
784in the completion, extension, or improvement of the Jacksonville
785Expressway System or other transportation facilities of the
786authority, or any part or portion thereof.
787     Section 13.  Section 349.13, Florida Statutes, is amended
788to read:
789     349.13  Exemption from taxation.--The effectuation of the
790authorized purposes of the authority created under this chapter
791is, shall and will be, in all respects for the benefit of the
792people of the state, for the increase of their commerce and
793prosperity, and for the improvement of their health and living
794conditions, and since such authority will be performing
795essential governmental functions in effectuating such purposes,
796such authority shall not be required to pay any taxes or
797assessments of any kind or nature whatsoever upon any property
798acquired or used by it for such purposes, or upon any rates,
799fees, rentals, receipts, income, or charges at any time received
800by it, and the bonds and other obligations issued under this
801chapter by the authority, their transfer and the income
802therefrom, (including any profits made on the sale thereof),
803shall at all times be free from taxation of any kind by the
804state, or by any political subdivision, or taxing agency or
805instrumentality thereof. The exemption granted by this section
806shall not be applicable to any tax imposed by chapter 220 on
807interest, income, or profits on debt obligations owned by
808corporations. When property of the authority is leased, it shall
809be exempt from ad valorem taxes only if the use by the lessee
810qualifies the property for exemption under s. 196.199.
811     Section 14.  Section 349.15, Florida Statutes, is amended
812to read:
813     349.15  Remedies; pledges enforceable by bondholders.--Any
814holder of bonds issued under this chapter, except to the extent
815such rights may be restricted by the resolution, deed of trust,
816indenture, or other proceeding relating to the issuance of such
817bonds, may by civil action, mandamus, or other appropriate
818action, suit, or proceeding in law or in equity, in any court of
819competent jurisdiction, protect and enforce any and all rights
820of such bondholder granted under the proceedings authorizing the
821issuance of such bonds and enforce any pledge made for payment
822of the principal and interest on bonds, or any covenant or
823agreement relative thereto, against the authority or directly
824against the department, as may be appropriate. It is the express
825intention of this chapter that any pledge by the department of
826rates, fees, revenues, Duval county gasoline tax funds, or other
827funds, as rentals, to the authority or any covenants or
828agreements relative thereto may be enforceable in any court of
829competent jurisdiction against the authority or directly against
830the department by any holder of bonds issued by the authority.
831     Section 15.  Section 349.17, Florida Statutes, is amended
832to read:
833     349.17  Chapter complete and additional authority.--
834     (1)  The powers conferred by this chapter shall be in
835addition and supplemental to the existing powers of said board
836and the Department of Transportation, and this chapter shall not
837be construed as repealing any of the provisions of any other
838law, general, special, or local, but to supersede such other
839laws in the exercise of the powers provided in this chapter, and
840to provide a complete method for the exercise of the powers
841granted in this chapter. The refunding of any of the bonds of
842Florida State Improvement Commission heretofore issued to
843finance part of the cost of said Jacksonville Expressway System,
844and the completion, extension, and improvement of said system,
845and the issuance of bonds hereunder to finance all or part of
846the cost thereof, may be accomplished upon compliance with the
847provisions of this chapter without regard to or necessity for
848compliance with the provisions, limitations, or restrictions
849contained in any other general, special, or local law,
850including, without limitation, s. 215.821, and no approval of
851any bonds issued under this chapter by the qualified electors or
852qualified electors who are freeholders in the state or in said
853County of Duval, or in said City of Jacksonville, or in any
854other political subdivision of the state, shall be required for
855the issuance of such bonds pursuant to this chapter.
856     (2)  This chapter shall not be deemed to repeal, rescind,
857or modify any other law or laws relating to said State Board of
858Administration, said Department of Transportation, or said
859Florida State Improvement Commission, but shall be deemed to and
860shall supersede such other law or laws in the exercise of the
861powers provided in this chapter insofar as such other law or
862laws are inconsistent with the provisions of this chapter,
863including, without limitation, s. 215.821.
864     Section 16.  Section 349.21, Florida Statutes, is amended
865to read:
866     349.21  Powers conferred by s. 212.055(1).--Notwithstanding
867any other provision of law, any transportation authority created
868by this chapter shall have all the powers conferred by s.
869212.055(1). The revenues provided by this section may shall be
870used or pledged as set forth in s. 212.055(1), including to pay
871principal and interest on bonds issued to refinance existing
872bonds or new bonds issued for the construction of rapid transit
873systems, bus systems, roads, or bridges, as provided in s.
874212.055(1) for which tolls have been pledged. The powers
875provided by this section shall expire when all such bonds in
876existence on the effective date of this act have been retired.
877     Section 17.  Section 349.22, Florida Statutes, is created
878to read:
879     349.22  Public-private transportation facilities.--
880     (1)  The authority may receive or solicit proposals and
881enter into agreements with private entities or consortia thereof
882for the building, operation, ownership, or financing of
883highways, bridges, multimodal transportation systems, transit-
884oriented development nodes, transit stations, or related
885transportation facilities. Before approval, the authority must
886determine that a proposed project:
887     (a)  Is in the public's best interest.
888     (b)  Would not require state funds to be used unless the
889project is on or provides increased mobility on the State
890Highway System.
891     (c)  Would have adequate safeguards to ensure that
892additional costs or unreasonable service disruptions would not
893be realized by the traveling public and citizens of the state in
894the event of default or cancellation of the agreement by the
895authority.
896     (2)  The authority shall ensure that all reasonable costs
897to the state related to transportation facilities that are not
898part of the State Highway System are borne by the private entity
899or any partnership created to develop the facilities. The
900authority shall also ensure that all reasonable costs to the
901state and substantially affected local governments and utilities
902related to the private transportation facility are borne by the
903private entity for transportation facilities that are owned by
904private entities. For projects on the State Highway System or
905that provide increased mobility on the State Highway System, the
906department may use state resources to participate in funding and
907financing the project as provided for under the department's
908enabling legislation.
909     (3)  The authority may request proposals and receive
910unsolicited proposals for public-private transportation projects
911and, upon receipt of any unsolicited proposal or determination
912to issue a request for proposals, the authority must publish a
913notice in the Florida Administrative Weekly and a newspaper of
914general circulation in the county in which the proposed project
915is located at least once a week for 2 weeks requesting proposals
916or, if an unsolicited proposal was received, stating that it has
917received the proposal and will accept, for 60 days after the
918initial date of publication, other proposals for the same
919project purpose. A copy of the notice must be mailed to each
920local government in the affected areas. After the public
921notification period has expired, the authority shall rank the
922proposals in order of preference. In ranking the proposals, the
923authority shall consider professional qualifications, general
924business terms, innovative engineering or cost-reduction terms,
925finance plans, and the need for state funds to deliver the
926proposal. If the authority is not satisfied with the results of
927the negotiations, it may, at its sole discretion, terminate
928negotiations with the proposer. If these negotiations are
929unsuccessful, the authority may go to the second and lower-
930ranked firms, in order, using the same procedure. If only one
931proposal is received, the authority may negotiate in good faith
932and, if it is not satisfied with the results, it may, at its
933sole discretion, terminate negotiations with the proposer.
934Notwithstanding this subsection, the authority may, at its
935discretion, reject all proposals at any point in the process up
936to completion of a contract with the proposer.
937     (4)  Agreements entered into pursuant to this section may
938authorize the public-private entity to impose tolls or fares for
939the use of the transportation facility. However, the amount and
940use of toll or fare revenues shall be regulated by the authority
941to avoid unreasonable costs to users of the facility.
942     (5)  Each public-private transportation facility
943constructed pursuant to this section shall comply with all
944requirements of federal, state, and local laws; state, regional,
945and local comprehensive plans; the authority's rules, policies,
946procedures, and standards for transportation facilities; and any
947other conditions that the authority determines to be in the
948public's best interest.
949     (6)  The authority may exercise any of its powers,
950including eminent domain, to facilitate the development and
951construction of transportation projects pursuant to this
952section. The authority may pay all or part of the cost of
953operating and maintaining the facility or may provide services
954to the private entity, for which services it shall receive full
955or partial reimbursement.
956     (7)  Except as provided in this section, this section is
957not intended to amend existing law by granting additional powers
958to or imposing further restrictions on the governmental entities
959with regard to regulating and entering into cooperative
960arrangements with the private sector for the planning,
961construction, and operation of transportation facilities.
962     Section 18.  This act shall take effect July 1, 2008.


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