1 | A bill to be entitled |
2 | An act relating to the Jacksonville Transportation |
3 | Authority; amending s. 349.02, F.S.; revising definitions; |
4 | defining the term "transportation facilities"; amending s. |
5 | 349.03, F.S.; specifying that the authority is an agency |
6 | of the state and not a unit of any other political |
7 | subdivision; revising a requirement for membership on the |
8 | governing body of the authority to provide that an |
9 | appointed member must be a resident and elector of Duval |
10 | County; amending s. 349.04, F.S.; revising scope of the |
11 | authority to include certain services throughout Duval |
12 | County; revising authority, powers, rights, and |
13 | responsibilities of the authority to provide for planning, |
14 | coordinating, developing, financing, refinancing, |
15 | constructing, owning, leasing, purchasing, operating, |
16 | maintaining, relocating, equipping, repairing, and |
17 | managing described transportation projects intended to |
18 | address needs or concerns in the Jacksonville, Duval |
19 | County, metropolitan area; requiring the Florida |
20 | Transportation Commission to monitor and conduct periodic |
21 | reviews of the authority; providing for financial |
22 | disclosure; revising bonding provisions; providing for the |
23 | authority to fix, alter, charge, establish, and collect |
24 | rates, fees, rentals, and other charges for any |
25 | transportation facilities of the authority; authorizing |
26 | purchases under government contract; revising eminent |
27 | domain provisions to include specified procedural powers; |
28 | authorizing use of local option taxes or county gasoline |
29 | tax funds to secure the payment of bonds; authorizing the |
30 | authority to establish and fund reserve accounts, adopt an |
31 | annual budget, use purchasing schedules and master |
32 | purchasing contracts, retain legal counsel and other |
33 | consultants, construct and own and maintain transportation |
34 | facilities outside the jurisdictional boundaries of Duval |
35 | County, form public benefit corporations, require bid |
36 | bonds and protest bonds, prequalify bidders or proposers, |
37 | suspend or debar consultants and contractors, and create |
38 | and operate an employees' benefit fund; providing for the |
39 | authority to expand its service area and enter into a |
40 | partnership with a contiguous county; providing that the |
41 | powers and obligations of the authority shall not be |
42 | subject to supervision, approval, or consent of any |
43 | municipality or county except as agreed upon in an |
44 | interlocal agreement; providing for certain contractual |
45 | obligations and recovery of damages; providing for |
46 | relocation of utility facilities interfering with |
47 | transportation projects; authorizing the authority to |
48 | enter lands, waters, and premises of another in the |
49 | performance of its duties; amending s. 349.041, F.S.; |
50 | revising provisions for funds appropriated by the City of |
51 | Jacksonville to the authority; authorizing audits of |
52 | related records; removing a requirement that the authority |
53 | utilize certain city services; removing a provision |
54 | authorizing the authority to employ legal counsel; |
55 | repealing s. 349.042, F.S., relating to the Jacksonville |
56 | area planning board review of construction and operation |
57 | of the expressway and transit functions of the authority; |
58 | creating s. 349.043, F.S.; requiring a public hearing |
59 | prior to designation or relocation of transportation |
60 | facilities or substantive changes thereto; providing |
61 | procedures; requiring compliance with federal requirements |
62 | related to new or altered transportation facilities or |
63 | services; amending s. 349.05, F.S.; authorizing bonds to |
64 | be issued on behalf of the authority; revising provisions |
65 | for issuance and sale of bonds; authorizing certain |
66 | refunding bonds; revising provisions for resolutions |
67 | authorizing bonds; revising provisions for fiscal agents; |
68 | providing that bonds are not obligations of the state; |
69 | repealing s. 349.06, F.S., relating to remedies of the |
70 | bondholders; creating s. 349.061, F.S.; providing approval |
71 | for bond financing by the authority; amending s. 349.07, |
72 | F.S.; revising provisions authorizing the Department of |
73 | Transportation to expend certain funds and use its |
74 | resources for certain items related to the Jacksonville |
75 | Expressway System; amending s. 349.10, F.S.; revising |
76 | provisions for the authority to acquire lands and rights |
77 | therein; limiting liability of the authority with respect |
78 | to certain contamination of lands acquired; authorizing |
79 | the authority and the Department of Environmental |
80 | Protection to enter into agreements for the performance |
81 | and funding of investigative and remedial acts; amending |
82 | s. 349.12, F.S.; revising covenant of the state related to |
83 | bonds of the authority; amending s. 349.13, F.S.; |
84 | specifying conditions under which property leased by the |
85 | authority is exempt from ad valorem taxes; amending s. |
86 | 349.15, F.S.; revising provisions for enforcement of |
87 | rights by bondholders; amending s. 349.17, F.S.; revising |
88 | provisions for application of and exemption from other |
89 | laws relating to issuance of bonds; amending s. 349.21, |
90 | F.S.; revising provisions for use of charter county |
91 | transit system surtax funds; creating s. 349.22, F.S.; |
92 | providing conditions for the authority to receive or |
93 | solicit proposals and enter into agreements with private |
94 | entities for the building, operation, ownership, or |
95 | financing of highways, bridges, multimodal transportation |
96 | systems, transit-oriented development nodes, transit |
97 | stations, or related transportation facilities; requiring |
98 | certain costs to be paid by the private entity; |
99 | authorizing the department to use state funds for projects |
100 | on or that increase mobility on the State Highway System; |
101 | requiring notice of proposals and providing procedures; |
102 | providing for agreements to authorize the public-private |
103 | entity to impose tolls; requiring public-private |
104 | transportation facilities to comply with laws, |
105 | comprehensive plans, and the authority's rules, policies, |
106 | procedures, standards, and conditions; authorizing the |
107 | authority to exercise its powers to facilitate public- |
108 | private projects; providing for application; providing an |
109 | effective date. |
110 |
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111 | Be It Enacted by the Legislature of the State of Florida: |
112 |
|
113 | Section 1. Section 349.02, Florida Statutes, is amended to |
114 | read: |
115 | 349.02 Definitions.-- |
116 | (1) Except in those instances where the context clearly |
117 | indicates otherwise, whenever used or referred to in this |
118 | chapter, the following terms whenever used or referred to in |
119 | this law shall have the following meanings, except in those |
120 | instances where the context clearly indicates otherwise: |
121 | (a)(1) The term "Authority" means shall mean the body |
122 | politic and corporate, an agency of the state created by this |
123 | chapter. |
124 | (b)(2) The term "Members" means shall mean the governing |
125 | body of the authority, and the term "member" means shall mean |
126 | one of the individuals constituting such governing body. |
127 | (c)(3) The term "Bonds" means and includes shall mean and |
128 | include the notes, bonds, refunding bonds, or other evidences of |
129 | indebtedness or obligations, in either temporary or definitive |
130 | form, that which the authority is authorized to issue pursuant |
131 | to this chapter. |
132 | (d)(4) The term "Lease-purchase agreement" means shall |
133 | mean the lease-purchase agreements that which the authority is |
134 | authorized pursuant to this chapter to enter into with the |
135 | department of Transportation. |
136 | (e)(5) The term "Department" means shall mean the |
137 | Department of Transportation existing under chapters 334-339. |
138 | (f)(6) The terms "Florida State Improvement Commission" or |
139 | "commission" means shall mean the state agency created, |
140 | organized, and existing under and by virtue of the provisions of |
141 | former chapter 420, or the successor thereto, chapter 29788, |
142 | Acts of 1955, now chapter 288. |
143 | (g)(7) The term "County" means shall mean the County of |
144 | Duval. |
145 | (h)(8) The term "City" means shall mean the City of |
146 | Jacksonville. |
147 | (i)(9) The term "State Board of Administration" means |
148 | shall mean the body corporate existing under the provisions of |
149 | s. 9, Art. XII of the State Constitution, or any successor |
150 | thereto. |
151 | (j)(10) The term "Agency of the state" means and includes |
152 | shall mean and include the state and any department of the |
153 | state, or any corporation, agency, or instrumentality heretofore |
154 | or hereafter created, designated, or established by, the state. |
155 | (k)(11) The term "Federal agency" means and includes shall |
156 | mean and include the United States, the President of the United |
157 | States, and any department of the United States, or any |
158 | corporation, agency, or instrumentality heretofore or hereafter |
159 | created, designated, or established by, the United States. |
160 | (l)(12) The term "Duval County gasoline tax funds" means |
161 | shall mean all the 80-percent surplus gasoline tax funds |
162 | accruing in each year to the Department of Transportation for |
163 | use in Duval County under the provisions of s. 9, Art. XII of |
164 | the State Constitution, after deduction only of any amounts of |
165 | said gasoline tax funds heretofore pledged by the department or |
166 | the county for outstanding obligations. |
167 | (m) "Transportation facilities" means and includes all |
168 | mobile and fixed assets (real or personal property or rights |
169 | therein) used in the transportation of persons or property by |
170 | any means of conveyance whatsoever, and all appurtenances |
171 | thereto, such as, but not limited to, highways; limited or |
172 | controlled access lanes and facilities; docks, vessels, |
173 | vehicles, fixed guideway facilities, and any means of conveyance |
174 | of persons or property of all types; park-and-ride facilities; |
175 | transit-related improvements adjacent to transit facilities or |
176 | stations; bus, train, vessel, or other vehicle storage, |
177 | cleaning, fueling, control, and maintenance facilities; and |
178 | administrative and other office space for the exercise by the |
179 | authority of the powers and obligations herein granted. |
180 | (2)(13) Words importing singular number shall include the |
181 | plural number in each case and vice versa, and words importing |
182 | persons shall include firms and corporations. |
183 | Section 2. Subsections (1) and (2) of section 349.03, |
184 | Florida Statutes, are amended to read: |
185 | 349.03 Jacksonville Transportation Authority.-- |
186 | (1) There is hereby created and established a body politic |
187 | and corporate and an agency of the state to be known as the |
188 | Jacksonville Expressway Authority, redesignated as the |
189 | Jacksonville Transportation Authority, and hereinafter referred |
190 | to as the "authority." Notwithstanding any other general or |
191 | special law, the authority created under this section is an |
192 | agency of the state and not a component unit of any other |
193 | political subdivision. |
194 | (2) The governing body of the authority shall consist of |
195 | seven members. Three members shall be appointed by the Governor |
196 | and confirmed by the Senate. Three members shall be appointed by |
197 | the mayor of the City of Jacksonville subject to confirmation by |
198 | the council of the City of Jacksonville. The seventh member |
199 | shall be the district secretary of the Department of |
200 | Transportation serving in the district that contains the City of |
201 | Jacksonville. Except for the seventh member, members shall be |
202 | residents and qualified electors of Duval County the City of |
203 | Jacksonville. |
204 | Section 3. Section 349.04, Florida Statutes, is amended to |
205 | read: |
206 | 349.04 Purposes and powers.-- |
207 | (1)(a) The authority created and established by the |
208 | provisions of this chapter is hereby granted and shall have the |
209 | right to acquire, hold, construct, improve, maintain, operate, |
210 | own, and lease in the capacity of lessor the Jacksonville |
211 | Expressway System (hereinafter referred to as "system"), |
212 | heretofore partially constructed or acquired by the Florida |
213 | State Improvement Commission in the Jacksonville, Duval County, |
214 | metropolitan area, as more specifically described in the |
215 | proceedings of the commission which authorized the issuance of |
216 | $28 million in bonds of the commission for such purpose, and as |
217 | hereafter completed or improved or extended as authorized by |
218 | this chapter, and all appurtenant facilities, including all |
219 | approaches, streets, roads, bicycle paths, bridges, and avenues |
220 | of access for the Jacksonville Expressway System, and to |
221 | construct or acquire extensions, additions, and improvements to |
222 | the system and to complete the construction and acquisition of |
223 | the system. |
224 | (b) The authority may, in addition, acquire, hold, |
225 | construct, improve, operate, maintain, and lease in the capacity |
226 | of lessor a mass transit system employing motor cars or buses; |
227 | street railway systems beneath the surface, on the surface, or |
228 | above the surface; or any other means determined useful to the |
229 | rapid transfer of large numbers of people among the locations of |
230 | residence, commerce, industry, and education in Duval County the |
231 | City of Jacksonville. |
232 | (c) The authority may further plan, coordinate, and |
233 | recommend to appropriate officers and agencies of federal, |
234 | state, and local governments methods and facilities for the |
235 | parking of vehicles, the movement of pedestrians, and vehicular |
236 | traffic (including bicycles), public and private, in Duval |
237 | County the City of Jacksonville, to accomplish a coordinated |
238 | transportation system for the greater Jacksonville area. The |
239 | authority may construct and operate passenger terminals for the |
240 | parking of automobiles and movement by public conveyance of |
241 | persons and construct and operate all other facilities necessary |
242 | to a complete and coordinated transportation system in the |
243 | Jacksonville area. |
244 | (d) It is the express intention of this chapter that the |
245 | authority, in completing the construction of the Jacksonville |
246 | Expressway System, is not limited to the description thereof |
247 | contained in the proceedings of the commission which authorized |
248 | the issuance of $28 million in bonds to finance part of the cost |
249 | thereof, but it is authorized to finance and construct any |
250 | additional extensions, additions, or improvements to the system, |
251 | or appurtenant facilities, including all necessary approaches, |
252 | roads, bicycle ways, bridges, and avenues of access, with such |
253 | changes, modifications, or revisions of the project as are |
254 | deemed desirable and proper. It is the intent of this chapter, |
255 | and to effect its purposes the Legislature determines, that |
256 | bonds issued under this chapter be deemed to be state capital |
257 | improvement bonds to finance or refinance the cost of state |
258 | capital projects pursuant to s. 11(d), Art. VII of the State |
259 | Constitution. However, the provisions of s. 316.091(2), relating |
260 | to bicycles, do not apply to this system. |
261 | (e) In addition to the other powers set forth in this |
262 | chapter, the authority has the right to plan, develop, finance, |
263 | construct, own, lease, purchase, operate, maintain, relocate, |
264 | equip, repair, and manage those public transportation projects, |
265 | such as express bus services; bus rapid transit services; light |
266 | rail, commuter rail, heavy rail, or other transit services; |
267 | ferry services; transit stations; park-and-ride lots; transit- |
268 | oriented development nodes; or feeder roads, reliever roads, |
269 | connector roads, bypasses, or appurtenant facilities, that are |
270 | intended to address critical transportation needs or concerns in |
271 | the Jacksonville, Duval County, metropolitan area. These |
272 | projects may also include all necessary approaches, roads, |
273 | bridges, and avenues of access that are desirable and proper |
274 | with the concurrence of the department, as applicable, if the |
275 | project is to be part of the State Highway System. |
276 | (f)(e) The authority, in addition to the other powers and |
277 | duties provided, shall have the power and responsibility to |
278 | formulate and implement a plan for a mass transit system which |
279 | will serve Duval County and the consolidated City of |
280 | Jacksonville. |
281 | (2) The authority is hereby granted, and shall have and |
282 | may exercise all powers necessary, appurtenant, convenient, or |
283 | incidental to the carrying out of the aforesaid purposes, |
284 | including, but without being limited to, the right and power: |
285 | (a) To sue and be sued, implead and be impleaded, and |
286 | complain and defend in all courts. |
287 | (b) To adopt, use, and alter at will a corporate seal. |
288 | (c) To acquire, purchase, construct, hold, lease as lessee |
289 | or lessor, and use any franchise or any property, real, |
290 | personal, or mixed, tangible or intangible, or any interest |
291 | therein, necessary or desirable for carrying out the purposes of |
292 | the authority and to sell, lease as lessor, transfer, and |
293 | dispose of any property or interest therein at any time acquired |
294 | by it, including, without limitation, land, buildings, and other |
295 | facilities located within or comprising transit-oriented |
296 | developments which enhance the use or utility of transportation |
297 | facilities owned or constructed by the authority and |
298 | administrative and other buildings for the use of the authority |
299 | in carrying out its powers and obligations granted in this |
300 | chapter. |
301 | (d) To enter into and make leases for terms not exceeding |
302 | 40 years, as either lessee or lessor, in order to carry out the |
303 | right to lease as set forth in this chapter. |
304 | (e) To enter into and make lease-purchase agreements with |
305 | the department for terms not exceeding 40 years, or until any |
306 | bonds secured by a pledge of rentals thereunder, and any |
307 | refundings thereof, are fully paid as to both principal and |
308 | interest, whichever is longer. |
309 | (f) To fix, alter, charge, establish, and collect rates, |
310 | fees, rentals, and other charges for the services and facilities |
311 | of the Jacksonville Expressway System and any other |
312 | transportation facilities of the authority, which rates, fees, |
313 | rentals, and other charges shall always be sufficient to comply |
314 | with any covenants made with the holders of any bonds issued |
315 | pursuant to this chapter; this right and power may be assigned |
316 | or delegated by the authority to the department. |
317 | (g)1. To borrow money and make and issue negotiable notes, |
318 | bonds, refunding bonds, and other evidences of indebtedness or |
319 | obligations, either in temporary or definitive form, |
320 | (hereinafter in this chapter sometimes called "bonds"), of the |
321 | authority, for the purpose of funding or refunding, at or prior |
322 | to maturity, any bonds theretofore issued by the authority, or |
323 | by the Florida State Improvement Commission to finance part of |
324 | the cost of the Jacksonville Expressway System, and purposes |
325 | related thereto, and for the purpose of financing or refinancing |
326 | all or part of the costs of completion, or improvement, or |
327 | extension of the Jacksonville Expressway System, and appurtenant |
328 | facilities, including all approaches, streets, roads, bridges, |
329 | and avenues of access for the Jacksonville Expressway System and |
330 | for any other purpose authorized by this chapter, such bonds to |
331 | mature in not exceeding 40 years from the date of the issuance |
332 | thereof; and to secure the payment of such bonds or any part |
333 | thereof by a pledge of any or all of its revenues, rates, fees, |
334 | rentals, or other charges, including all or any portion of the |
335 | Duval County gasoline tax funds received by the authority |
336 | pursuant to the terms of any lease-purchase agreement between |
337 | the authority and the department; and in general to provide for |
338 | the security of such bonds and the rights and remedies of the |
339 | holders thereof. |
340 | 2. In the event that the authority determines to fund or |
341 | refund any bonds theretofore issued by the authority, or by the |
342 | commission as aforesaid, prior to the maturity thereof, the |
343 | proceeds of such funding or refunding bonds shall, pending the |
344 | prior redemption of the bonds to be funded or refunded, be |
345 | invested in direct obligations of the United States; and it is |
346 | the express intention of this chapter that such outstanding |
347 | bonds may be funded or refunded by the issuance of bonds |
348 | pursuant to this chapter notwithstanding that part of such |
349 | outstanding bonds will not mature or become redeemable until 6 |
350 | years after the date of issuance of bonds pursuant to this |
351 | chapter to fund or refund such outstanding bonds. |
352 | (h) To make contracts of every name and nature and to |
353 | execute all instruments necessary or convenient for the carrying |
354 | on of its business. |
355 | (i) Without limitation of the foregoing, to borrow money |
356 | and accept grants from, and to enter into contracts, leases, or |
357 | other transactions with, any federal agency, the state, any |
358 | agency of the state, the County of Duval, the City of |
359 | Jacksonville, or any other public body of the state and to make |
360 | purchases under government contracts, whether with a federal, |
361 | state, or local governmental entity. |
362 | (j) To have the power of eminent domain, including the |
363 | procedural powers granted under chapters 73 and 74. |
364 | (k) To pledge, hypothecate, or otherwise encumber all or |
365 | any part of the revenues, rates, fees, rentals, or other charges |
366 | or receipts of the authority, including all or any portion of |
367 | the Duval County gasoline tax funds received by the authority |
368 | pursuant to the terms of any lease-purchase agreement between |
369 | the authority and the department, as security for all or any of |
370 | the obligations of the authority. |
371 | (l) To do all acts and things necessary or convenient for |
372 | the conduct of its business and the general welfare of the |
373 | authority, in order to carry out the powers granted to it by |
374 | this chapter or any other law. |
375 | (m) To invest and to borrow money and make and issue |
376 | negotiable notes, bonds, refunding bonds, and other evidences of |
377 | indebtedness or obligations, either in temporary or definitive |
378 | form, of the authority for the purpose of financing or |
379 | refinancing all or a part of funding or refunding the cost of |
380 | the acquisition or improvement of transportation facilities |
381 | motor or street railway vehicles, passenger terminals, |
382 | automobile parking facilities, or administrative offices and for |
383 | any other purposes authorized by this chapter, such bonds to |
384 | mature in not exceeding 40 years from the date of the issuance |
385 | thereof; to secure the payment of such bonds or any part thereof |
386 | by a pledge of any or all of its revenues, rates, fees, rentals, |
387 | or other charges, including, without limitation, all or any |
388 | portion of local option taxes or county gasoline tax funds |
389 | received by the authority; and in general to provide for the |
390 | security of such bonds and the rights and remedies of the |
391 | holders thereof. |
392 | (n) To adopt rules to carry out the powers and obligations |
393 | herein granted, which set forth a purpose, necessary |
394 | definitions, forms, general conditions and procedures, and fines |
395 | and penalties, including, without limitation, suspension or |
396 | debarment, and charges for nonperformance, with respect to any |
397 | aspect of the work or function of the authority for the |
398 | permitting, planning, funding, design, acquisition, |
399 | construction, equipping, operation, and maintenance of |
400 | transportation facilities, transit and highway, within the |
401 | state, provided or operated by the authority or others in |
402 | cooperation with or at the direction of the authority, and for |
403 | carrying out all other purposes of the authority set forth or |
404 | authorized in this chapter. |
405 | (o) To establish and fund reserve accounts with respect to |
406 | its operations and functions, make withdrawals therefrom, and |
407 | replenish such accounts, as the governing body may reasonably |
408 | determine. |
409 | (p) To adopt and approve an annual budget, and to utilize |
410 | purchasing schedules and master purchasing contracts of the |
411 | state or any federal agency, to the extent permitted by law. |
412 | (q) To retain legal counsel and financial, engineering, |
413 | real estate, accounting, design, planning, and other consultants |
414 | from time to time as the authority may determine to assist in |
415 | the carrying out of the powers and obligations granted in this |
416 | chapter. |
417 | (r) With the consent of the county within whose |
418 | jurisdiction the following activities occur, to construct, own, |
419 | operate, and maintain transportation facilities outside the |
420 | jurisdictional boundaries of Duval County, with all necessary |
421 | and incidental powers to accomplish the foregoing. |
422 | (s) To form, alone or with one or more other agencies of |
423 | the state or local governments, public benefit corporations to |
424 | carry out the powers and obligations granted in this chapter or |
425 | the powers and obligations of such other agencies or local |
426 | governments. |
427 | (t) To require or elect not to require bid bonds and |
428 | protest bonds, to prequalify bidders or proposers in various |
429 | categories of work or services, and to suspend or debar |
430 | consultants and contractors in accordance with the rules of the |
431 | authority. |
432 | (u) To create and operate an employees' benefit fund for |
433 | employees of the authority or public benefit corporations |
434 | controlled by it. The proceeds of vending machines located on |
435 | the premises of the authority or such corporations shall be paid |
436 | into the fund and used for such benefits and purposes as the |
437 | authority may determine. |
438 | (3) The authority shall have no power at any time or in |
439 | any manner to pledge the credit or taxing power of the state or |
440 | any political subdivision or agency thereof; nor shall any of |
441 | the obligations of the authority be deemed to be obligations of |
442 | the state or of any political subdivision or agency thereof; nor |
443 | shall the state or any political subdivision or agency thereof, |
444 | except the authority, be liable for the payment of the principal |
445 | of, or interest on, such obligations. However, this provision is |
446 | not applicable to the type or manner of financing authorized by |
447 | s. 9(c)(5), Art. XII of the State Constitution, as amended, and |
448 | laws enacted pursuant thereto. |
449 | (4) By a resolution of its governing body, the authority |
450 | may expand its service area and enter into a partnership with |
451 | any county that is contiguous to the then-current service area |
452 | of the authority. The governing body shall determine the |
453 | conditions and terms of the partnership, except as provided in |
454 | this section. However, the authority may not expand its service |
455 | area without the consent of the governing body representing the |
456 | proposed expansion area. |
457 | (5) Except as otherwise expressly provided in this |
458 | chapter, none of the powers and obligations herein granted to |
459 | the authority shall be subject to the supervision or require the |
460 | approval or consent of any municipality or county, except as may |
461 | be agreed upon by the authority in an interlocal agreement with |
462 | a municipality or county. |
463 | (6) No oral modification of a contract, whether for |
464 | construction of highway facilities or other transportation |
465 | facilities, shall be binding upon the authority or form the |
466 | basis for a claim against the authority. Only the chair of the |
467 | governing body or executive director of the authority, or the |
468 | designee of either, may bind the authority. In addition to any |
469 | provisions for liquidated damages for delay by contractors in |
470 | construction of transportation facilities for the authority, the |
471 | authority may also recover from the contractor amounts owing or |
472 | paid by the authority for damages suffered by third parties as a |
473 | result of the contractor's failure to complete the project |
474 | within the time stipulated in the contract, as amended by the |
475 | authority. In all cases in which damages to the authority for |
476 | delay are not specified by contract as a liquidated amount, the |
477 | measure of such damages shall be based upon an analysis of the |
478 | cost savings, in travel time and travel costs, to the traveling |
479 | public for transportation facilities that are not revenue- |
480 | producing. |
481 | (7) The authority shall be deemed to be an "authority" for |
482 | purposes of s. 337.403, shall have all of the powers granted to |
483 | authorities under s. 337.403, and shall have the powers granted |
484 | to the Department of Transportation under s. 337.274 with |
485 | respect to its powers and obligations granted in this chapter. |
486 | (8) The authority shall be deemed to be an "authority" for |
487 | purposes of s. 20.23(2)(b)8., relating to monitoring and review |
488 | by the Florida Transportation Commission, and for purposes of s. |
489 | 348.0003(4)(c), relating to financial disclosure requirements |
490 | for authority members. |
491 | Section 4. Section 349.041, Florida Statutes, is amended |
492 | to read: |
493 | 349.041 Provision of funds and services by city to |
494 | authority; employment of legal counsel.-- |
495 | (1) The authority shall prepare and submit annually its |
496 | requests for such funds as it may require from the city for the |
497 | ensuing year to the council of the city on or before June 1, |
498 | setting forth its estimated gross revenues and estimated |
499 | requirements for operations, maintenance expenses, and debt |
500 | service. A copy of such requests shall be furnished to the |
501 | Department of Transportation. The council and the mayor of the |
502 | City of Jacksonville may appropriate such funds as they deem |
503 | appropriate for the use of the authority and records related |
504 | thereto may be audited by the Council Auditor of the City of |
505 | Jacksonville at anytime. |
506 | (2) Except as the council may provide, and except as |
507 | otherwise required by any trust indenture outstanding on |
508 | September 1, 1971, the authority may use shall utilize, on a |
509 | cost-accounted basis, the central services of the city, and |
510 | shall pay therefor. The authority may, however, employ legal |
511 | counsel it deems necessary, upon resolution of the authority. |
512 | Section 5. Section 349.042, Florida Statutes, is repealed. |
513 | Section 6. Section 349.043, Florida Statutes, is created |
514 | to read: |
515 | 349.043 Public hearings for transportation |
516 | facilities.--Transportation facilities may not be designated or |
517 | relocated by the authority, nor may substantive changes be made |
518 | thereto, until after a public hearing is conducted by the |
519 | authority. Any interested party shall have the opportunity to be |
520 | heard either in person or by counsel and to introduce testimony |
521 | in such person's behalf at the hearing. Reasonable notice of |
522 | each such public hearing shall be published in a newspaper of |
523 | general circulation in each county directly affected by the |
524 | proposed transportation facility not less than 14 days prior to |
525 | the hearing. In addition, the authority shall comply with all |
526 | applicable federal requirements related to new or altered |
527 | transportation facilities or services. |
528 | Section 7. Section 349.05, Florida Statutes, is amended to |
529 | read: |
530 | 349.05 Bonds of the authority; bonds not debt or pledges |
531 | of credit of state.-- |
532 | (1)(a) Bonds may be issued on behalf of the authority |
533 | pursuant to the State Bond Act or, alternatively, the authority |
534 | may issue bonds pursuant to paragraph (b). |
535 | (b)1. The bonds of the authority issued pursuant to the |
536 | provisions of this chapter, whether an original issuance or on |
537 | refunding, shall be authorized by resolution of the members |
538 | thereof and may be issued in one or more series, may be either |
539 | term or serial bonds, and shall bear such date or dates, be |
540 | payable on demand or mature at such time or times, not exceeding |
541 | 40 years from their respective dates, bear interest, fixed or |
542 | variable, at such rate or rates, not exceeding the maximum |
543 | lawful interest rate payable semiannually, be in such |
544 | denominations, be in such form, either coupon or fully |
545 | registered, carry such registration, exchangeability, and |
546 | interchangeability privileges, be payable in such medium of |
547 | payment and at such place or places, be subject to such terms of |
548 | redemption, with or without premium, and other terms, have such |
549 | rank, and be entitled to such remedies and priorities on the |
550 | revenues, rates, fees, rentals, or other charges or receipts of |
551 | the authority including all or any portion of local option sales |
552 | tax or the Duval county gasoline tax funds received by the |
553 | authority pursuant to the terms of any lease-purchase agreement |
554 | between the authority and the department, as the authority may |
555 | determine such resolution or any resolution subsequent thereto |
556 | may provide. The bonds shall be executed either by manual or |
557 | facsimile signature by such officers as the authority shall |
558 | determine, provided that such bonds shall bear at least one |
559 | signature that which is manually executed thereon, and the |
560 | coupons attached to such bonds shall bear the facsimile |
561 | signature or signatures of such officer or officers as shall be |
562 | designated by the authority and shall have the seal of the |
563 | authority affixed, imprinted, reproduced, or lithographed |
564 | thereon, all as may be prescribed in such resolution or |
565 | resolutions. |
566 | 2.(b) Such bonds shall be sold at public or private sale |
567 | at such price or prices as the authority determines to be in its |
568 | best interest, except that the interest costs to the authority |
569 | on such bonds may not exceed the maximum lawful interest rate. |
570 | The authority shall provide a specific finding by resolution as |
571 | to the reason requiring any negotiated sale must be sold at |
572 | public sale in the manner provided by the State Bond Act. |
573 | However, if the authority, by official action at a public |
574 | meeting, determines that a negotiated sale of the bonds is in |
575 | the best interest of the authority, the authority may negotiate |
576 | for sale of the bonds with the underwriter or underwriters |
577 | designated by the authority and the Division of Bond Finance of |
578 | the State Board of Administration. Pending the preparation of |
579 | definitive bonds, interim certificates may be issued to the |
580 | purchaser or purchasers of such bonds and may contain such terms |
581 | and conditions as the authority may determine. |
582 | 3. The authority may issue bonds pursuant to this |
583 | paragraph to refund any bonds previously issued regardless of |
584 | whether the bonds being refunded were issued by the authority |
585 | pursuant to this chapter or on behalf of the authority pursuant |
586 | to the State Bond Act. |
587 | (2) Any such resolution or resolutions authorizing any |
588 | bonds hereunder may contain provisions, and valid and legally |
589 | binding covenants of the authority, which shall be part of the |
590 | contract with the holders of such bonds, as to: |
591 | (a) The pledging of all or any part of the revenues, |
592 | rates, fees, rentals, including the sales surtax adopted |
593 | pursuant to s. 212.055(1) (including all or any portion of the |
594 | Duval county gasoline tax funds received by the authority |
595 | pursuant to the terms of any lease-purchase agreement between |
596 | the authority and the department, or any part thereof), or other |
597 | charges or receipts of any nature of the authority, whether or |
598 | not derived by the authority from the Jacksonville Expressway |
599 | System or its other transportation facilities; |
600 | (b) The completion, improvement, operation, extension, |
601 | maintenance, repair, lease, or lease-purchase agreement of said |
602 | system or transportation facilities, and the duties of the |
603 | authority and others, including the department, with reference |
604 | thereto; |
605 | (c) Limitations on the purposes to which the proceeds of |
606 | the bonds, then or thereafter to be issued, or of any loan or |
607 | grant, by the United States or the state may be applied; |
608 | (d) The fixing, charging, establishing, and collecting of |
609 | rates, fees, rentals, or other charges for use of the services |
610 | and facilities of the Jacksonville Expressway System or any part |
611 | thereof or its other transportation facilities; |
612 | (e) The setting aside of reserves or sinking funds or |
613 | repair and replacement funds and the regulation and disposition |
614 | thereof; |
615 | (f) Limitations on the issuance of additional bonds; |
616 | (g) The terms and provisions of any lease-purchase |
617 | agreement, deed of trust, or indenture securing the bonds, or |
618 | under which the same may be issued; and |
619 | (h) Any other or additional provisions, covenants, and |
620 | agreements with the holders of the bonds which the authority may |
621 | deem desirable and proper. |
622 | (3) The authority may employ fiscal agents as provided by |
623 | this chapter or the State Board of Administration may, upon |
624 | request by the authority, act as fiscal agent for the authority |
625 | in the issuance of any bonds that may be issued pursuant to this |
626 | chapter, and the State Board of Administration may, upon request |
627 | by the authority, take over the management, control, |
628 | administration, custody, and payment of any or all debt services |
629 | or funds or assets now or hereafter available for any bonds |
630 | issued pursuant to this chapter. The authority may enter into |
631 | deeds of trust, indentures, or other agreements with a corporate |
632 | trustee or trustees, which shall act as its fiscal agent for the |
633 | authority and may be, or with any bank or trust company within |
634 | or without the state, as security for such bonds, and may, under |
635 | such agreements, assign and pledge all or any of the revenues, |
636 | rates, fees, rentals, or other charges or receipts of the |
637 | authority, including all or any portion of local option taxes or |
638 | the Duval county gasoline tax funds received by the authority |
639 | pursuant to the terms of any lease-purchase agreement between |
640 | the authority and the department, thereunder. Such deed of |
641 | trust, indenture, or other agreement, may contain such |
642 | provisions as are is customary in such instruments or, as the |
643 | authority may authorize, including, but without limitation, |
644 | provisions as to: |
645 | (a) The completion, improvement, operation, extension, |
646 | maintenance, repair, and lease of, or lease-purchase agreement |
647 | relating to, all or any part of transportation facilities |
648 | authorized in this chapter to be constructed, acquired, |
649 | developed, or operated by the authority the Jacksonville |
650 | Expressway System, and the duties of the authority and others, |
651 | including the department, with reference thereto; |
652 | (b) The application of funds and the safeguarding of funds |
653 | on hand or on deposit; |
654 | (c) The rights and remedies of the trustee and the holders |
655 | of the bonds; and |
656 | (d) The terms and provisions of the bonds or the |
657 | resolutions authorizing the issuance of the same. |
658 | (4) Any of the bonds issued pursuant to this chapter are, |
659 | and are hereby declared to be, negotiable instruments, and shall |
660 | have all the qualities and incidents of negotiable instruments |
661 | under the law merchant and the negotiable instruments law of the |
662 | state. |
663 | (5) Notwithstanding any of the provisions of this chapter, |
664 | each project, building, or facility that which has been financed |
665 | by the issuance of bonds or other evidences of indebtedness |
666 | under this chapter and any refinancing thereof is hereby |
667 | approved as provided for in s. 11(f), Art. VII of the State |
668 | Constitution. |
669 | (6) Revenue bonds issued under the provisions of this |
670 | chapter are not debts of the state or pledges of the faith and |
671 | credit of the state. Such bonds are payable exclusively from |
672 | revenues pledged for their payment. Each such bond shall contain |
673 | a statement on its face that the state is not obligated to pay |
674 | the same or the interest thereon, except from the revenues |
675 | pledged for their payment, and that the faith and credit of the |
676 | state is not pledged to the payment of the principle or interest |
677 | of such bond. The issuance of revenue bonds under the provisions |
678 | of this chapter does not directly, indirectly, or contingently |
679 | obligate the state to levy or to pledge any form of taxation |
680 | whatsoever or to make any appropriation for their payment. |
681 | Section 8. Section 349.06, Florida Statutes, is repealed. |
682 | Section 9. Section 349.061, Florida Statutes, is created |
683 | to read: |
684 | 349.061 Bond financing authority.--Pursuant to s. 11(f), |
685 | Art. VII of the State Constitution, the Legislature hereby |
686 | approves for bond financing by the authority any extensions, |
687 | additions, and improvements to the Jacksonville Expressway |
688 | System and any other facilities appurtenant, necessary, or |
689 | incidental to the system or any transportation facilities herein |
690 | authorized to be constructed, acquired, or operated by the |
691 | authority. Subject to terms and conditions of applicable revenue |
692 | bond resolutions and covenants, such costs may be financed in |
693 | whole or in part by revenue bonds issued pursuant to s. |
694 | 349.05(1)(a) or (b), whether currently issued or issued in the |
695 | future, or by a combination of such bonds. |
696 | Section 10. Subsection (7) of section 349.07, Florida |
697 | Statutes, is amended to read: |
698 | 349.07 Lease-purchase agreement.-- |
699 | (7) Regardless of whether the authority enters into a |
700 | lease-purchase agreement with the department relating to the |
701 | system or any part thereof, the Said system shall be a part of |
702 | the State Highway road System and the said department is hereby |
703 | authorized, upon the request of the authority, to expend out of |
704 | any funds available for the purpose such moneys, and to use such |
705 | of its engineering and other forces, as may be necessary and |
706 | desirable in the judgment of the said department, for the |
707 | operation of the said authority and for traffic surveys, |
708 | borings, surveys, preparation of plans and specifications, |
709 | estimates of cost, and other preliminary engineering and other |
710 | studies; provided, however, that the aggregate amount of moneys |
711 | expended for said purposes by said department shall not exceed |
712 | the sum of $375,000. |
713 | Section 11. Section 349.10, Florida Statutes, is amended |
714 | to read: |
715 | 349.10 Acquisition of lands and property.-- |
716 | (1) For the purposes of this chapter, law the Jacksonville |
717 | Transportation Authority may acquire private or public property |
718 | and property rights, including rights of access, air, view, and |
719 | light, by gift, devise, purchase, or condemnation by eminent |
720 | domain proceedings, as the authority may deem necessary, |
721 | including, but not limited to, any lands reasonably necessary |
722 | for securing applicable permits, areas necessary for management |
723 | of access, borrow pits, drainage ditches, water retention areas, |
724 | rest areas, replacement access for landowners whose access is |
725 | impaired due to the construction of transportation facilities, |
726 | and replacement rights-of-way for relocated rail and utility |
727 | facilities, and areas necessary for existing, proposed, or |
728 | anticipated transportation facilities or in a transportation |
729 | corridor designated by the authority. The authority shall also |
730 | have the power to condemn any material and property necessary |
731 | for such for any of the purposes of this chapter. Property |
732 | already devoted to a public use may be acquired in like manner, |
733 | provided that no real property belonging to the city, the |
734 | county, the state, or any political subdivision thereof may be |
735 | acquired without its consent. The right of eminent domain herein |
736 | conferred shall be exercised by the authority in the manner |
737 | provided by law. |
738 | (2) The authority may acquire such rights, title, |
739 | interest, or easements in such lands as it may deem necessary |
740 | for any of the purposes of this chapter. |
741 | (3) In connection with the acquisition of property or |
742 | property rights as herein provided, the authority may in its |
743 | discretion acquire an entire lot, block, or tract of land, if by |
744 | so doing the interests of the public will be best served, even |
745 | though said entire lot, block, or tract is not immediately |
746 | needed for the right-of-way proper. |
747 | (4) When the authority acquires property for a |
748 | transportation facility or in a transportation corridor, it is |
749 | not subject to any liability imposed by chapter 376 or chapter |
750 | 403 for preexisting soil or groundwater contamination due solely |
751 | to its ownership. This section does not affect the rights or |
752 | liabilities of any past or future owners of the acquired |
753 | property nor does it affect the liability of any governmental |
754 | entity for the results of its actions that create or exacerbate |
755 | a pollution source. The authority and the Department of |
756 | Environmental Protection may enter into interagency agreements |
757 | for the performance, funding, and reimbursement for the costs of |
758 | the investigative and remedial acts necessary for property |
759 | acquired by the authority. |
760 | Section 12. Section 349.12, Florida Statutes, is amended |
761 | to read: |
762 | 349.12 Covenant of the state.--The state does hereby |
763 | pledge to, and agree agrees, with any person, firm or |
764 | corporation, or federal or state agency subscribing to, or |
765 | acquiring the bonds to be issued by the authority for the |
766 | purposes of this chapter that the state will not limit or alter |
767 | the rights hereby vested in the authority and the department |
768 | until all bonds at any time issued, together with the interest |
769 | thereon, are fully paid and discharged insofar as the same |
770 | affects the rights of the holders of bonds issued hereunder. The |
771 | state does further pledge to, and agree, with the United States |
772 | and any federal agency that, in the event that any federal |
773 | agency shall construct or contribute any funds for the |
774 | completion, extension, or improvement of the Jacksonville |
775 | Expressway System or other transportation facilities of the |
776 | authority, or any part or portion thereof, the state will not |
777 | alter or limit the rights and powers of the authority and the |
778 | department in any manner that which would be inconsistent with |
779 | the continued maintenance and operation of the Jacksonville |
780 | Expressway System or other transportation facilities of the |
781 | authority or the completion, extension, or improvement thereof, |
782 | or that which would be inconsistent with the due performance of |
783 | any agreements between the authority and any such federal |
784 | agency, and the authority and the department shall continue to |
785 | have and may exercise all powers herein granted, so long as the |
786 | same shall be necessary or desirable for the carrying out of the |
787 | purposes of this chapter and the purposes of the United States |
788 | in the completion, extension, or improvement of the Jacksonville |
789 | Expressway System or other transportation facilities of the |
790 | authority, or any part or portion thereof. |
791 | Section 13. Section 349.13, Florida Statutes, is amended |
792 | to read: |
793 | 349.13 Exemption from taxation.--The effectuation of the |
794 | authorized purposes of the authority created under this chapter |
795 | is, shall and will be, in all respects for the benefit of the |
796 | people of the state, for the increase of their commerce and |
797 | prosperity, and for the improvement of their health and living |
798 | conditions, and since such authority will be performing |
799 | essential governmental functions in effectuating such purposes, |
800 | such authority shall not be required to pay any taxes or |
801 | assessments of any kind or nature whatsoever upon any property |
802 | acquired or used by it for such purposes, or upon any rates, |
803 | fees, rentals, receipts, income, or charges at any time received |
804 | by it, and the bonds and other obligations issued under this |
805 | chapter by the authority, their transfer and the income |
806 | therefrom, (including any profits made on the sale thereof), |
807 | shall at all times be free from taxation of any kind by the |
808 | state, or by any political subdivision, or taxing agency or |
809 | instrumentality thereof. The exemption granted by this section |
810 | shall not be applicable to any tax imposed by chapter 220 on |
811 | interest, income, or profits on debt obligations owned by |
812 | corporations. When property of the authority is leased, it shall |
813 | be exempt from ad valorem taxes only if the use by the lessee |
814 | qualifies the property for exemption under s. 196.199. |
815 | Section 14. Section 349.15, Florida Statutes, is amended |
816 | to read: |
817 | 349.15 Remedies; pledges enforceable by bondholders.--Any |
818 | holder of bonds issued under this chapter, except to the extent |
819 | such rights may be restricted by the resolution, deed of trust, |
820 | indenture, or other proceeding relating to the issuance of such |
821 | bonds, may by civil action, mandamus, or other appropriate |
822 | action, suit, or proceeding in law or in equity, in any court of |
823 | competent jurisdiction, protect and enforce any and all rights |
824 | of such bondholder granted under the proceedings authorizing the |
825 | issuance of such bonds and enforce any pledge made for payment |
826 | of the principal and interest on bonds, or any covenant or |
827 | agreement relative thereto, against the authority or directly |
828 | against the department, as may be appropriate. It is the express |
829 | intention of this chapter that any pledge by the department of |
830 | rates, fees, revenues, Duval county gasoline tax funds, or other |
831 | funds, as rentals, to the authority or any covenants or |
832 | agreements relative thereto may be enforceable in any court of |
833 | competent jurisdiction against the authority or directly against |
834 | the department by any holder of bonds issued by the authority. |
835 | Section 15. Section 349.17, Florida Statutes, is amended |
836 | to read: |
837 | 349.17 Chapter complete and additional authority.-- |
838 | (1) The powers conferred by this chapter shall be in |
839 | addition and supplemental to the existing powers of said board |
840 | and the Department of Transportation, and this chapter shall not |
841 | be construed as repealing any of the provisions of any other |
842 | law, general, special, or local, but to supersede such other |
843 | laws in the exercise of the powers provided in this chapter, and |
844 | to provide a complete method for the exercise of the powers |
845 | granted in this chapter. The refunding of any of the bonds of |
846 | Florida State Improvement Commission heretofore issued to |
847 | finance part of the cost of said Jacksonville Expressway System, |
848 | and the completion, extension, and improvement of said system, |
849 | and the issuance of bonds hereunder to finance all or part of |
850 | the cost thereof, may be accomplished upon compliance with the |
851 | provisions of this chapter without regard to or necessity for |
852 | compliance with the provisions, limitations, or restrictions |
853 | contained in any other general, special, or local law, |
854 | including, without limitation, s. 215.821, and no approval of |
855 | any bonds issued under this chapter by the qualified electors or |
856 | qualified electors who are freeholders in the state or in said |
857 | County of Duval, or in said City of Jacksonville, or in any |
858 | other political subdivision of the state, shall be required for |
859 | the issuance of such bonds pursuant to this chapter. |
860 | (2) This chapter shall not be deemed to repeal, rescind, |
861 | or modify any other law or laws relating to said State Board of |
862 | Administration, said Department of Transportation, or said |
863 | Florida State Improvement Commission, but shall be deemed to and |
864 | shall supersede such other law or laws in the exercise of the |
865 | powers provided in this chapter insofar as such other law or |
866 | laws are inconsistent with the provisions of this chapter, |
867 | including, without limitation, s. 215.821. |
868 | Section 16. Section 349.21, Florida Statutes, is amended |
869 | to read: |
870 | 349.21 Powers conferred by s. 212.055(1).--Notwithstanding |
871 | any other provision of law, any transportation authority created |
872 | by this chapter shall have all the powers conferred by s. |
873 | 212.055(1). The revenues provided by this section may shall be |
874 | used or pledged as set forth in s. 212.055(1), including to pay |
875 | principal and interest on bonds issued to refinance existing |
876 | bonds or new bonds issued for the construction of rapid transit |
877 | systems, bus systems, roads, or bridges, as provided in s. |
878 | 212.055(1). In no event may local transportation surtax moneys |
879 | collected in Duval County be expended on transportation |
880 | facilities outside the boundaries of such county for which tolls |
881 | have been pledged. The powers provided by this section shall |
882 | expire when all such bonds in existence on the effective date of |
883 | this act have been retired. |
884 | Section 17. Section 349.22, Florida Statutes, is created |
885 | to read: |
886 | 349.22 Public-private transportation facilities.-- |
887 | (1) The authority may receive or solicit proposals and |
888 | enter into agreements with private entities or consortia thereof |
889 | for the building, operation, ownership, or financing of |
890 | highways, bridges, multimodal transportation systems, transit- |
891 | oriented development nodes, transit stations, or related |
892 | transportation facilities. Before approval, the authority must |
893 | determine that a proposed project: |
894 | (a) Is in the public's best interest. |
895 | (b) Would not require state funds to be used unless the |
896 | project is on or provides increased mobility on the State |
897 | Highway System. |
898 | (c) Would have adequate safeguards to ensure that |
899 | additional costs or unreasonable service disruptions would not |
900 | be realized by the traveling public and citizens of the state in |
901 | the event of default or cancellation of the agreement by the |
902 | authority. |
903 | (2) The authority shall ensure that all reasonable costs |
904 | to the state related to transportation facilities that are not |
905 | part of the State Highway System are borne by the private entity |
906 | or any partnership created to develop the facilities. The |
907 | authority shall also ensure that all reasonable costs to the |
908 | state and substantially affected local governments and utilities |
909 | related to the private transportation facility are borne by the |
910 | private entity for transportation facilities that are owned by |
911 | private entities. For projects on the State Highway System or |
912 | that provide increased mobility on the State Highway System, the |
913 | department may use state resources to participate in funding and |
914 | financing the project as provided for under the department's |
915 | enabling legislation. |
916 | (3) The authority may request proposals and receive |
917 | unsolicited proposals for public-private transportation projects |
918 | and, upon receipt of any unsolicited proposal or determination |
919 | to issue a request for proposals, the authority must publish a |
920 | notice in the Florida Administrative Weekly and a newspaper of |
921 | general circulation in the county in which the proposed project |
922 | is located at least once a week for 2 weeks requesting proposals |
923 | or, if an unsolicited proposal was received, stating that it has |
924 | received the proposal and will accept, for 60 days after the |
925 | initial date of publication, other proposals for the same |
926 | project purpose. A copy of the notice must be mailed to each |
927 | local government in the affected areas. After the public |
928 | notification period has expired, the authority shall rank the |
929 | proposals in order of preference. In ranking the proposals, the |
930 | authority shall consider professional qualifications, general |
931 | business terms, innovative engineering or cost-reduction terms, |
932 | finance plans, and the need for state funds to deliver the |
933 | proposal. If the authority is not satisfied with the results of |
934 | the negotiations, it may, at its sole discretion, terminate |
935 | negotiations with the proposer. If these negotiations are |
936 | unsuccessful, the authority may go to the second and lower- |
937 | ranked firms, in order, using the same procedure. If only one |
938 | proposal is received, the authority may negotiate in good faith |
939 | and, if it is not satisfied with the results, it may, at its |
940 | sole discretion, terminate negotiations with the proposer. |
941 | Notwithstanding this subsection, the authority may, at its |
942 | discretion, reject all proposals at any point in the process up |
943 | to completion of a contract with the proposer. |
944 | (4) Agreements entered into pursuant to this section may |
945 | authorize the public-private entity to impose tolls or fares for |
946 | the use of the transportation facility. However, the amount and |
947 | use of toll or fare revenues shall be regulated by the authority |
948 | to avoid unreasonable costs to users of the facility. |
949 | (5) Each public-private transportation facility |
950 | constructed pursuant to this section shall comply with all |
951 | requirements of federal, state, and local laws; state, regional, |
952 | and local comprehensive plans; the authority's rules, policies, |
953 | procedures, and standards for transportation facilities; and any |
954 | other conditions that the authority determines to be in the |
955 | public's best interest. |
956 | (6) The authority may exercise any of its powers, |
957 | including eminent domain, to facilitate the development and |
958 | construction of transportation projects pursuant to this |
959 | section. The authority may pay all or part of the cost of |
960 | operating and maintaining the facility or may provide services |
961 | to the private entity, for which services it shall receive full |
962 | or partial reimbursement. |
963 | (7) Except as provided in this section, this section is |
964 | not intended to amend existing law by granting additional powers |
965 | to or imposing further restrictions on the governmental entities |
966 | with regard to regulating and entering into cooperative |
967 | arrangements with the private sector for the planning, |
968 | construction, and operation of transportation facilities. |
969 | Section 18. This act shall take effect July 1, 2008. |