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; authorizing audits of
52related records; removing a requirement that the authority
53utilize certain city services; removing a provision
54authorizing the authority to employ legal counsel;
55repealing s. 349.042, F.S., relating to the Jacksonville
56area planning board review of construction and operation
57of the expressway and transit functions of the authority;
58creating s. 349.043, F.S.; requiring a public hearing
59prior to designation or relocation of transportation
60facilities or substantive changes thereto; providing
61procedures; requiring compliance with federal requirements
62related to new or altered transportation facilities or
63services; amending s. 349.05, F.S.; authorizing bonds to
64be issued on behalf of the authority; revising provisions
65for issuance and sale of bonds; authorizing certain
66refunding bonds; revising provisions for resolutions
67authorizing bonds; revising provisions for fiscal agents;
68providing that bonds are not obligations of the state;
69repealing s. 349.06, F.S., relating to remedies of the
70bondholders; creating s. 349.061, F.S.; providing approval
71for bond financing by the authority; amending s. 349.07,
72F.S.; revising provisions authorizing the Department of
73Transportation to expend certain funds and use its
74resources for certain items related to the Jacksonville
75Expressway System; amending s. 349.10, F.S.; revising
76provisions for the authority to acquire lands and rights
77therein; limiting liability of the authority with respect
78to certain contamination of lands acquired; authorizing
79the authority and the Department of Environmental
80Protection to enter into agreements for the performance
81and funding of investigative and remedial acts; amending
82s. 349.12, F.S.; revising covenant of the state related to
83bonds of the authority; amending s. 349.13, F.S.;
84specifying conditions under which property leased by the
85authority is exempt from ad valorem taxes; amending s.
86349.15, F.S.; revising provisions for enforcement of
87rights by bondholders; amending s. 349.17, F.S.; revising
88provisions for application of and exemption from other
89laws relating to issuance of bonds; amending s. 349.21,
90F.S.; revising provisions for use of charter county
91transit system surtax funds; creating s. 349.22, F.S.;
92providing conditions for the authority to receive or
93solicit proposals and enter into agreements with private
94entities for the building, operation, ownership, or
95financing of highways, bridges, multimodal transportation
96systems, transit-oriented development nodes, transit
97stations, or related transportation facilities; requiring
98certain costs to be paid by the private entity;
99authorizing the department to use state funds for projects
100on or that increase mobility on the State Highway System;
101requiring notice of proposals and providing procedures;
102providing for agreements to authorize the public-private
103entity to impose tolls; requiring public-private
104transportation facilities to comply with laws,
105comprehensive plans, and the authority's rules, policies,
106procedures, standards, and conditions; authorizing the
107authority to exercise its powers to facilitate public-
108private projects; providing for application; providing an
109effective date.
110
111Be It Enacted by the Legislature of the State of Florida:
112
113     Section 1.  Section 349.02, Florida Statutes, is amended to
114read:
115     349.02  Definitions.--
116     (1)  Except in those instances where the context clearly
117indicates otherwise, whenever used or referred to in this
118chapter, the following terms whenever used or referred to in
119this law shall have the following meanings, except in those
120instances where the context clearly indicates otherwise:
121     (a)(1)  The term "Authority" means shall mean the body
122politic and corporate, an agency of the state created by this
123chapter.
124     (b)(2)  The term "Members" means shall mean the governing
125body of the authority, and the term "member" means shall mean
126one of the individuals constituting such governing body.
127     (c)(3)  The term "Bonds" means and includes shall mean and
128include the notes, bonds, refunding bonds, or other evidences of
129indebtedness or obligations, in either temporary or definitive
130form, that which the authority is authorized to issue pursuant
131to this chapter.
132     (d)(4)  The term "Lease-purchase agreement" means shall
133mean the lease-purchase agreements that which the authority is
134authorized pursuant to this chapter to enter into with the
135department of Transportation.
136     (e)(5)  The term "Department" means shall mean the
137Department 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,
140organized, and existing under and by virtue of the provisions of
141former chapter 420, or the successor thereto, chapter 29788,
142Acts of 1955, now chapter 288.
143     (g)(7)  The term "County" means shall mean the County of
144Duval.
145     (h)(8)  The term "City" means shall mean the City of
146Jacksonville.
147     (i)(9)  The term "State Board of Administration" means
148shall mean the body corporate existing under the provisions of
149s. 9, Art. XII of the State Constitution, or any successor
150thereto.
151     (j)(10)  The term "Agency of the state" means and includes
152shall mean and include the state and any department of the
153state, or any corporation, agency, or instrumentality heretofore
154or hereafter created, designated, or established by, the state.
155     (k)(11)  The term "Federal agency" means and includes shall
156mean and include the United States, the President of the United
157States, and any department of the United States, or any
158corporation, agency, or instrumentality heretofore or hereafter
159created, designated, or established by, the United States.
160     (l)(12)  The term "Duval County gasoline tax funds" means
161shall mean all the 80-percent surplus gasoline tax funds
162accruing in each year to the Department of Transportation for
163use in Duval County under the provisions of s. 9, Art. XII of
164the State Constitution, after deduction only of any amounts of
165said gasoline tax funds heretofore pledged by the department or
166the county for outstanding obligations.
167     (m)  "Transportation facilities" means and includes all
168mobile and fixed assets (real or personal property or rights
169therein) used in the transportation of persons or property by
170any means of conveyance whatsoever, and all appurtenances
171thereto, such as, but not limited to, highways; limited or
172controlled access lanes and facilities; docks, vessels,
173vehicles, fixed guideway facilities, and any means of conveyance
174of persons or property of all types; park-and-ride facilities;
175transit-related improvements adjacent to transit facilities or
176stations; bus, train, vessel, or other vehicle storage,
177cleaning, fueling, control, and maintenance facilities; and
178administrative and other office space for the exercise by the
179authority of the powers and obligations herein granted.
180     (2)(13)  Words importing singular number shall include the
181plural number in each case and vice versa, and words importing
182persons shall include firms and corporations.
183     Section 2.  Subsections (1) and (2) of section 349.03,
184Florida Statutes, are amended to read:
185     349.03  Jacksonville Transportation Authority.--
186     (1)  There is hereby created and established a body politic
187and corporate and an agency of the state to be known as the
188Jacksonville Expressway Authority, redesignated as the
189Jacksonville Transportation Authority, and hereinafter referred
190to as the "authority." Notwithstanding any other general or
191special law, the authority created under this section is an
192agency of the state and not a component unit of any other
193political subdivision.
194     (2)  The governing body of the authority shall consist of
195seven members. Three members shall be appointed by the Governor
196and confirmed by the Senate. Three members shall be appointed by
197the mayor of the City of Jacksonville subject to confirmation by
198the council of the City of Jacksonville. The seventh member
199shall be the district secretary of the Department of
200Transportation serving in the district that contains the City of
201Jacksonville. Except for the seventh member, members shall be
202residents and qualified electors of Duval County the City of
203Jacksonville.
204     Section 3.  Section 349.04, Florida Statutes, is amended to
205read:
206     349.04  Purposes and powers.--
207     (1)(a)  The authority created and established by the
208provisions of this chapter is hereby granted and shall have the
209right to acquire, hold, construct, improve, maintain, operate,
210own, and lease in the capacity of lessor the Jacksonville
211Expressway System (hereinafter referred to as "system"),
212heretofore partially constructed or acquired by the Florida
213State Improvement Commission in the Jacksonville, Duval County,
214metropolitan area, as more specifically described in the
215proceedings of the commission which authorized the issuance of
216$28 million in bonds of the commission for such purpose, and as
217hereafter completed or improved or extended as authorized by
218this chapter, and all appurtenant facilities, including all
219approaches, streets, roads, bicycle paths, bridges, and avenues
220of access for the Jacksonville Expressway System, and to
221construct or acquire extensions, additions, and improvements to
222the system and to complete the construction and acquisition of
223the system.
224     (b)  The authority may, in addition, acquire, hold,
225construct, improve, operate, maintain, and lease in the capacity
226of lessor a mass transit system employing motor cars or buses;
227street railway systems beneath the surface, on the surface, or
228above the surface; or any other means determined useful to the
229rapid transfer of large numbers of people among the locations of
230residence, commerce, industry, and education in Duval County the
231City of Jacksonville.
232     (c)  The authority may further plan, coordinate, and
233recommend to appropriate officers and agencies of federal,
234state, and local governments methods and facilities for the
235parking of vehicles, the movement of pedestrians, and vehicular
236traffic (including bicycles), public and private, in Duval
237County the City of Jacksonville, to accomplish a coordinated
238transportation system for the greater Jacksonville area. The
239authority may construct and operate passenger terminals for the
240parking of automobiles and movement by public conveyance of
241persons and construct and operate all other facilities necessary
242to a complete and coordinated transportation system in the
243Jacksonville area.
244     (d)  It is the express intention of this chapter that the
245authority, in completing the construction of the Jacksonville
246Expressway System, is not limited to the description thereof
247contained in the proceedings of the commission which authorized
248the issuance of $28 million in bonds to finance part of the cost
249thereof, but it is authorized to finance and construct any
250additional extensions, additions, or improvements to the system,
251or appurtenant facilities, including all necessary approaches,
252roads, bicycle ways, bridges, and avenues of access, with such
253changes, modifications, or revisions of the project as are
254deemed desirable and proper. It is the intent of this chapter,
255and to effect its purposes the Legislature determines, that
256bonds issued under this chapter be deemed to be state capital
257improvement bonds to finance or refinance the cost of state
258capital projects pursuant to s. 11(d), Art. VII of the State
259Constitution. However, the provisions of s. 316.091(2), relating
260to bicycles, do not apply to this system.
261     (e)  In addition to the other powers set forth in this
262chapter, the authority has the right to plan, develop, finance,
263construct, own, lease, purchase, operate, maintain, relocate,
264equip, repair, and manage those public transportation projects,
265such as express bus services; bus rapid transit services; light
266rail, commuter rail, heavy rail, or other transit services;
267ferry services; transit stations; park-and-ride lots; transit-
268oriented development nodes; or feeder roads, reliever roads,
269connector roads, bypasses, or appurtenant facilities, that are
270intended to address critical transportation needs or concerns in
271the Jacksonville, Duval County, metropolitan area. These
272projects may also include all necessary approaches, roads,
273bridges, and avenues of access that are desirable and proper
274with the concurrence of the department, as applicable, if the
275project is to be part of the State Highway System.
276     (f)(e)  The authority, in addition to the other powers and
277duties provided, shall have the power and responsibility to
278formulate and implement a plan for a mass transit system which
279will serve Duval County and the consolidated City of
280Jacksonville.
281     (2)  The authority is hereby granted, and shall have and
282may exercise all powers necessary, appurtenant, convenient, or
283incidental to the carrying out of the aforesaid purposes,
284including, but without being limited to, the right and power:
285     (a)  To sue and be sued, implead and be impleaded, and
286complain 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
289or lessor, and use any franchise or any property, real,
290personal, or mixed, tangible or intangible, or any interest
291therein, necessary or desirable for carrying out the purposes of
292the authority and to sell, lease as lessor, transfer, and
293dispose of any property or interest therein at any time acquired
294by it, including, without limitation, land, buildings, and other
295facilities located within or comprising transit-oriented
296developments which enhance the use or utility of transportation
297facilities owned or constructed by the authority and
298administrative and other buildings for the use of the authority
299in carrying out its powers and obligations granted in this
300chapter.
301     (d)  To enter into and make leases for terms not exceeding
30240 years, as either lessee or lessor, in order to carry out the
303right to lease as set forth in this chapter.
304     (e)  To enter into and make lease-purchase agreements with
305the department for terms not exceeding 40 years, or until any
306bonds secured by a pledge of rentals thereunder, and any
307refundings thereof, are fully paid as to both principal and
308interest, whichever is longer.
309     (f)  To fix, alter, charge, establish, and collect rates,
310fees, rentals, and other charges for the services and facilities
311of the Jacksonville Expressway System and any other
312transportation facilities of the authority, which rates, fees,
313rentals, and other charges shall always be sufficient to comply
314with any covenants made with the holders of any bonds issued
315pursuant to this chapter; this right and power may be assigned
316or delegated by the authority to the department.
317     (g)1.  To borrow money and make and issue negotiable notes,
318bonds, refunding bonds, and other evidences of indebtedness or
319obligations, either in temporary or definitive form,
320(hereinafter in this chapter sometimes called "bonds"), of the
321authority, for the purpose of funding or refunding, at or prior
322to maturity, any bonds theretofore issued by the authority, or
323by the Florida State Improvement Commission to finance part of
324the cost of the Jacksonville Expressway System, and purposes
325related thereto, and for the purpose of financing or refinancing
326all or part of the costs of completion, or improvement, or
327extension of the Jacksonville Expressway System, and appurtenant
328facilities, including all approaches, streets, roads, bridges,
329and avenues of access for the Jacksonville Expressway System and
330for any other purpose authorized by this chapter, such bonds to
331mature in not exceeding 40 years from the date of the issuance
332thereof; and to secure the payment of such bonds or any part
333thereof by a pledge of any or all of its revenues, rates, fees,
334rentals, or other charges, including all or any portion of the
335Duval County gasoline tax funds received by the authority
336pursuant to the terms of any lease-purchase agreement between
337the authority and the department; and in general to provide for
338the security of such bonds and the rights and remedies of the
339holders thereof.
340     2.  In the event that the authority determines to fund or
341refund any bonds theretofore issued by the authority, or by the
342commission as aforesaid, prior to the maturity thereof, the
343proceeds of such funding or refunding bonds shall, pending the
344prior redemption of the bonds to be funded or refunded, be
345invested in direct obligations of the United States; and it is
346the express intention of this chapter that such outstanding
347bonds may be funded or refunded by the issuance of bonds
348pursuant to this chapter notwithstanding that part of such
349outstanding bonds will not mature or become redeemable until 6
350years after the date of issuance of bonds pursuant to this
351chapter to fund or refund such outstanding bonds.
352     (h)  To make contracts of every name and nature and to
353execute all instruments necessary or convenient for the carrying
354on of its business.
355     (i)  Without limitation of the foregoing, to borrow money
356and accept grants from, and to enter into contracts, leases, or
357other transactions with, any federal agency, the state, any
358agency of the state, the County of Duval, the City of
359Jacksonville, or any other public body of the state and to make
360purchases under government contracts, whether with a federal,
361state, or local governmental entity.
362     (j)  To have the power of eminent domain, including the
363procedural powers granted under chapters 73 and 74.
364     (k)  To pledge, hypothecate, or otherwise encumber all or
365any part of the revenues, rates, fees, rentals, or other charges
366or receipts of the authority, including all or any portion of
367the Duval County gasoline tax funds received by the authority
368pursuant to the terms of any lease-purchase agreement between
369the authority and the department, as security for all or any of
370the obligations of the authority.
371     (l)  To do all acts and things necessary or convenient for
372the conduct of its business and the general welfare of the
373authority, in order to carry out the powers granted to it by
374this chapter or any other law.
375     (m)  To invest and to borrow money and make and issue
376negotiable notes, bonds, refunding bonds, and other evidences of
377indebtedness or obligations, either in temporary or definitive
378form, of the authority for the purpose of financing or
379refinancing all or a part of funding or refunding the cost of
380the acquisition or improvement of transportation facilities
381motor or street railway vehicles, passenger terminals,
382automobile parking facilities, or administrative offices and for
383any other purposes authorized by this chapter, such bonds to
384mature in not exceeding 40 years from the date of the issuance
385thereof; to secure the payment of such bonds or any part thereof
386by a pledge of any or all of its revenues, rates, fees, rentals,
387or other charges, including, without limitation, all or any
388portion of local option taxes or county gasoline tax funds
389received by the authority; and in general to provide for the
390security of such bonds and the rights and remedies of the
391holders thereof.
392     (n)  To adopt rules to carry out the powers and obligations
393herein granted, which set forth a purpose, necessary
394definitions, forms, general conditions and procedures, and fines
395and penalties, including, without limitation, suspension or
396debarment, and charges for nonperformance, with respect to any
397aspect of the work or function of the authority for the
398permitting, planning, funding, design, acquisition,
399construction, equipping, operation, and maintenance of
400transportation facilities, transit and highway, within the
401state, provided or operated by the authority or others in
402cooperation with or at the direction of the authority, and for
403carrying out all other purposes of the authority set forth or
404authorized in this chapter.
405     (o)  To establish and fund reserve accounts with respect to
406its operations and functions, make withdrawals therefrom, and
407replenish such accounts, as the governing body may reasonably
408determine.
409     (p)  To adopt and approve an annual budget, and to utilize
410purchasing schedules and master purchasing contracts of the
411state or any federal agency, to the extent permitted by law.
412     (q)  To retain legal counsel and financial, engineering,
413real estate, accounting, design, planning, and other consultants
414from time to time as the authority may determine to assist in
415the carrying out of the powers and obligations granted in this
416chapter.
417     (r)  With the consent of the county within whose
418jurisdiction the following activities occur, to construct, own,
419operate, and maintain transportation facilities outside the
420jurisdictional boundaries of Duval County, with all necessary
421and incidental powers to accomplish the foregoing.
422     (s)  To form, alone or with one or more other agencies of
423the state or local governments, public benefit corporations to
424carry out the powers and obligations granted in this chapter or
425the powers and obligations of such other agencies or local
426governments.
427     (t)  To require or elect not to require bid bonds and
428protest bonds, to prequalify bidders or proposers in various
429categories of work or services, and to suspend or debar
430consultants and contractors in accordance with the rules of the
431authority.
432     (u)  To create and operate an employees' benefit fund for
433employees of the authority or public benefit corporations
434controlled by it. The proceeds of vending machines located on
435the premises of the authority or such corporations shall be paid
436into the fund and used for such benefits and purposes as the
437authority may determine.
438     (3)  The authority shall have no power at any time or in
439any manner to pledge the credit or taxing power of the state or
440any political subdivision or agency thereof; nor shall any of
441the obligations of the authority be deemed to be obligations of
442the state or of any political subdivision or agency thereof; nor
443shall the state or any political subdivision or agency thereof,
444except the authority, be liable for the payment of the principal
445of, or interest on, such obligations. However, this provision is
446not applicable to the type or manner of financing authorized by
447s. 9(c)(5), Art. XII of the State Constitution, as amended, and
448laws enacted pursuant thereto.
449     (4)  By a resolution of its governing body, the authority
450may expand its service area and enter into a partnership with
451any county that is contiguous to the then-current service area
452of the authority. The governing body shall determine the
453conditions and terms of the partnership, except as provided in
454this section. However, the authority may not expand its service
455area without the consent of the governing body representing the
456proposed expansion area.
457     (5)  Except as otherwise expressly provided in this
458chapter, none of the powers and obligations herein granted to
459the authority shall be subject to the supervision or require the
460approval or consent of any municipality or county, except as may
461be agreed upon by the authority in an interlocal agreement with
462a municipality or county.
463     (6)  No oral modification of a contract, whether for
464construction of highway facilities or other transportation
465facilities, shall be binding upon the authority or form the
466basis for a claim against the authority. Only the chair of the
467governing body or executive director of the authority, or the
468designee of either, may bind the authority. In addition to any
469provisions for liquidated damages for delay by contractors in
470construction of transportation facilities for the authority, the
471authority may also recover from the contractor amounts owing or
472paid by the authority for damages suffered by third parties as a
473result of the contractor's failure to complete the project
474within the time stipulated in the contract, as amended by the
475authority. In all cases in which damages to the authority for
476delay are not specified by contract as a liquidated amount, the
477measure of such damages shall be based upon an analysis of the
478cost savings, in travel time and travel costs, to the traveling
479public for transportation facilities that are not revenue-
480producing.
481     (7)  The authority shall be deemed to be an "authority" for
482purposes of s. 337.403, shall have all of the powers granted to
483authorities under s. 337.403, and shall have the powers granted
484to the Department of Transportation under s. 337.274 with
485respect to its powers and obligations granted in this chapter.
486     (8)  The authority shall be deemed to be an "authority" for
487purposes of s. 20.23(2)(b)8., relating to monitoring and review
488by the Florida Transportation Commission, and for purposes of s.
489348.0003(4)(c), relating to financial disclosure requirements
490for authority members.
491     Section 4.  Section 349.041, Florida Statutes, is amended
492to read:
493     349.041  Provision of funds and services by city to
494authority; employment of legal counsel.--
495     (1)  The authority shall prepare and submit annually its
496requests for such funds as it may require from the city for the
497ensuing year to the council of the city on or before June 1,
498setting forth its estimated gross revenues and estimated
499requirements for operations, maintenance expenses, and debt
500service. A copy of such requests shall be furnished to the
501Department of Transportation. The council and the mayor of the
502City of Jacksonville may appropriate such funds as they deem
503appropriate for the use of the authority and records related
504thereto may be audited by the Council Auditor of the City of
505Jacksonville at anytime.
506     (2)  Except as the council may provide, and except as
507otherwise required by any trust indenture outstanding on
508September 1, 1971, the authority may use shall utilize, on a
509cost-accounted basis, the central services of the city, and
510shall pay therefor. The authority may, however, employ legal
511counsel 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
514to read:
515     349.043  Public hearings for transportation
516facilities.--Transportation facilities may not be designated or
517relocated by the authority, nor may substantive changes be made
518thereto, until after a public hearing is conducted by the
519authority. Any interested party shall have the opportunity to be
520heard either in person or by counsel and to introduce testimony
521in such person's behalf at the hearing. Reasonable notice of
522each such public hearing shall be published in a newspaper of
523general circulation in each county directly affected by the
524proposed transportation facility not less than 14 days prior to
525the hearing. In addition, the authority shall comply with all
526applicable federal requirements related to new or altered
527transportation facilities or services.
528     Section 7.  Section 349.05, Florida Statutes, is amended to
529read:
530     349.05  Bonds of the authority; bonds not debt or pledges
531of credit of state.--
532     (1)(a)  Bonds may be issued on behalf of the authority
533pursuant to the State Bond Act or, alternatively, the authority
534may issue bonds pursuant to paragraph (b).
535     (b)1.  The bonds of the authority issued pursuant to the
536provisions of this chapter, whether an original issuance or on
537refunding, shall be authorized by resolution of the members
538thereof and may be issued in one or more series, may be either
539term or serial bonds, and shall bear such date or dates, be
540payable on demand or mature at such time or times, not exceeding
54140 years from their respective dates, bear interest, fixed or
542variable, at such rate or rates, not exceeding the maximum
543lawful interest rate payable semiannually, be in such
544denominations, be in such form, either coupon or fully
545registered, carry such registration, exchangeability, and
546interchangeability privileges, be payable in such medium of
547payment and at such place or places, be subject to such terms of
548redemption, with or without premium, and other terms, have such
549rank, and be entitled to such remedies and priorities on the
550revenues, rates, fees, rentals, or other charges or receipts of
551the authority including all or any portion of local option sales
552tax or the Duval county gasoline tax funds received by the
553authority pursuant to the terms of any lease-purchase agreement
554between the authority and the department, as the authority may
555determine such resolution or any resolution subsequent thereto
556may provide. The bonds shall be executed either by manual or
557facsimile signature by such officers as the authority shall
558determine, provided that such bonds shall bear at least one
559signature that which is manually executed thereon, and the
560coupons attached to such bonds shall bear the facsimile
561signature or signatures of such officer or officers as shall be
562designated by the authority and shall have the seal of the
563authority affixed, imprinted, reproduced, or lithographed
564thereon, all as may be prescribed in such resolution or
565resolutions.
566     2.(b)  Such bonds shall be sold at public or private sale
567at such price or prices as the authority determines to be in its
568best interest, except that the interest costs to the authority
569on such bonds may not exceed the maximum lawful interest rate.
570The authority shall provide a specific finding by resolution as
571to the reason requiring any negotiated sale must be sold at
572public sale in the manner provided by the State Bond Act.
573However, if the authority, by official action at a public
574meeting, determines that a negotiated sale of the bonds is in
575the best interest of the authority, the authority may negotiate
576for sale of the bonds with the underwriter or underwriters
577designated by the authority and the Division of Bond Finance of
578the State Board of Administration. Pending the preparation of
579definitive bonds, interim certificates may be issued to the
580purchaser or purchasers of such bonds and may contain such terms
581and conditions as the authority may determine.
582     3.  The authority may issue bonds pursuant to this
583paragraph to refund any bonds previously issued regardless of
584whether the bonds being refunded were issued by the authority
585pursuant to this chapter or on behalf of the authority pursuant
586to the State Bond Act.
587     (2)  Any such resolution or resolutions authorizing any
588bonds hereunder may contain provisions, and valid and legally
589binding covenants of the authority, which shall be part of the
590contract with the holders of such bonds, as to:
591     (a)  The pledging of all or any part of the revenues,
592rates, fees, rentals, including the sales surtax adopted
593pursuant to s. 212.055(1) (including all or any portion of the
594Duval county gasoline tax funds received by the authority
595pursuant to the terms of any lease-purchase agreement between
596the authority and the department, or any part thereof), or other
597charges or receipts of any nature of the authority, whether or
598not derived by the authority from the Jacksonville Expressway
599System or its other transportation facilities;
600     (b)  The completion, improvement, operation, extension,
601maintenance, repair, lease, or lease-purchase agreement of said
602system or transportation facilities, and the duties of the
603authority and others, including the department, with reference
604thereto;
605     (c)  Limitations on the purposes to which the proceeds of
606the bonds, then or thereafter to be issued, or of any loan or
607grant, by the United States or the state may be applied;
608     (d)  The fixing, charging, establishing, and collecting of
609rates, fees, rentals, or other charges for use of the services
610and facilities of the Jacksonville Expressway System or any part
611thereof or its other transportation facilities;
612     (e)  The setting aside of reserves or sinking funds or
613repair and replacement funds and the regulation and disposition
614thereof;
615     (f)  Limitations on the issuance of additional bonds;
616     (g)  The terms and provisions of any lease-purchase
617agreement, deed of trust, or indenture securing the bonds, or
618under which the same may be issued; and
619     (h)  Any other or additional provisions, covenants, and
620agreements with the holders of the bonds which the authority may
621deem desirable and proper.
622     (3)  The authority may employ fiscal agents as provided by
623this chapter or the State Board of Administration may, upon
624request by the authority, act as fiscal agent for the authority
625in the issuance of any bonds that may be issued pursuant to this
626chapter, and the State Board of Administration may, upon request
627by the authority, take over the management, control,
628administration, custody, and payment of any or all debt services
629or funds or assets now or hereafter available for any bonds
630issued pursuant to this chapter. The authority may enter into
631deeds of trust, indentures, or other agreements with a corporate
632trustee or trustees, which shall act as its fiscal agent for the
633authority and may be, or with any bank or trust company within
634or without the state, as security for such bonds, and may, under
635such agreements, assign and pledge all or any of the revenues,
636rates, fees, rentals, or other charges or receipts of the
637authority, including all or any portion of local option taxes or
638the Duval county gasoline tax funds received by the authority
639pursuant to the terms of any lease-purchase agreement between
640the authority and the department, thereunder. Such deed of
641trust, indenture, or other agreement, may contain such
642provisions as are is customary in such instruments or, as the
643authority may authorize, including, but without limitation,
644provisions as to:
645     (a)  The completion, improvement, operation, extension,
646maintenance, repair, and lease of, or lease-purchase agreement
647relating to, all or any part of transportation facilities
648authorized in this chapter to be constructed, acquired,
649developed, or operated by the authority the Jacksonville
650Expressway System, and the duties of the authority and others,
651including the department, with reference thereto;
652     (b)  The application of funds and the safeguarding of funds
653on hand or on deposit;
654     (c)  The rights and remedies of the trustee and the holders
655of the bonds; and
656     (d)  The terms and provisions of the bonds or the
657resolutions authorizing the issuance of the same.
658     (4)  Any of the bonds issued pursuant to this chapter are,
659and are hereby declared to be, negotiable instruments, and shall
660have all the qualities and incidents of negotiable instruments
661under the law merchant and the negotiable instruments law of the
662state.
663     (5)  Notwithstanding any of the provisions of this chapter,
664each project, building, or facility that which has been financed
665by the issuance of bonds or other evidences of indebtedness
666under this chapter and any refinancing thereof is hereby
667approved as provided for in s. 11(f), Art. VII of the State
668Constitution.
669     (6)  Revenue bonds issued under the provisions of this
670chapter are not debts of the state or pledges of the faith and
671credit of the state. Such bonds are payable exclusively from
672revenues pledged for their payment. Each such bond shall contain
673a statement on its face that the state is not obligated to pay
674the same or the interest thereon, except from the revenues
675pledged for their payment, and that the faith and credit of the
676state is not pledged to the payment of the principle or interest
677of such bond. The issuance of revenue bonds under the provisions
678of this chapter does not directly, indirectly, or contingently
679obligate the state to levy or to pledge any form of taxation
680whatsoever 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
683to read:
684     349.061  Bond financing authority.--Pursuant to s. 11(f),
685Art. VII of the State Constitution, the Legislature hereby
686approves for bond financing by the authority any extensions,
687additions, and improvements to the Jacksonville Expressway
688System and any other facilities appurtenant, necessary, or
689incidental to the system or any transportation facilities herein
690authorized to be constructed, acquired, or operated by the
691authority. Subject to terms and conditions of applicable revenue
692bond resolutions and covenants, such costs may be financed in
693whole or in part by revenue bonds issued pursuant to s.
694349.05(1)(a) or (b), whether currently issued or issued in the
695future, or by a combination of such bonds.
696     Section 10.  Subsection (7) of section 349.07, Florida
697Statutes, is amended to read:
698     349.07  Lease-purchase agreement.--
699     (7)  Regardless of whether the authority enters into a
700lease-purchase agreement with the department relating to the
701system or any part thereof, the Said system shall be a part of
702the State Highway road System and the said department is hereby
703authorized, upon the request of the authority, to expend out of
704any funds available for the purpose such moneys, and to use such
705of its engineering and other forces, as may be necessary and
706desirable in the judgment of the said department, for the
707operation of the said authority and for traffic surveys,
708borings, surveys, preparation of plans and specifications,
709estimates of cost, and other preliminary engineering and other
710studies; provided, however, that the aggregate amount of moneys
711expended for said purposes by said department shall not exceed
712the sum of $375,000.
713     Section 11.  Section 349.10, Florida Statutes, is amended
714to read:
715     349.10  Acquisition of lands and property.--
716     (1)  For the purposes of this chapter, law the Jacksonville
717Transportation Authority may acquire private or public property
718and property rights, including rights of access, air, view, and
719light, by gift, devise, purchase, or condemnation by eminent
720domain proceedings, as the authority may deem necessary,
721including, but not limited to, any lands reasonably necessary
722for securing applicable permits, areas necessary for management
723of access, borrow pits, drainage ditches, water retention areas,
724rest areas, replacement access for landowners whose access is
725impaired due to the construction of transportation facilities,
726and replacement rights-of-way for relocated rail and utility
727facilities, and areas necessary for existing, proposed, or
728anticipated transportation facilities or in a transportation
729corridor designated by the authority. The authority shall also
730have the power to condemn any material and property necessary
731for such for any of the purposes of this chapter. Property
732already devoted to a public use may be acquired in like manner,
733provided that no real property belonging to the city, the
734county, the state, or any political subdivision thereof may be
735acquired without its consent. The right of eminent domain herein
736conferred shall be exercised by the authority in the manner
737provided by law.
738     (2)  The authority may acquire such rights, title,
739interest, or easements in such lands as it may deem necessary
740for any of the purposes of this chapter.
741     (3)  In connection with the acquisition of property or
742property rights as herein provided, the authority may in its
743discretion acquire an entire lot, block, or tract of land, if by
744so doing the interests of the public will be best served, even
745though said entire lot, block, or tract is not immediately
746needed for the right-of-way proper.
747     (4)  When the authority acquires property for a
748transportation facility or in a transportation corridor, it is
749not subject to any liability imposed by chapter 376 or chapter
750403 for preexisting soil or groundwater contamination due solely
751to its ownership. This section does not affect the rights or
752liabilities of any past or future owners of the acquired
753property nor does it affect the liability of any governmental
754entity for the results of its actions that create or exacerbate
755a pollution source. The authority and the Department of
756Environmental Protection may enter into interagency agreements
757for the performance, funding, and reimbursement for the costs of
758the investigative and remedial acts necessary for property
759acquired by the authority.
760     Section 12.  Section 349.12, Florida Statutes, is amended
761to read:
762     349.12  Covenant of the state.--The state does hereby
763pledge to, and agree agrees, with any person, firm or
764corporation, or federal or state agency subscribing to, or
765acquiring the bonds to be issued by the authority for the
766purposes of this chapter that the state will not limit or alter
767the rights hereby vested in the authority and the department
768until all bonds at any time issued, together with the interest
769thereon, are fully paid and discharged insofar as the same
770affects the rights of the holders of bonds issued hereunder. The
771state does further pledge to, and agree, with the United States
772and any federal agency that, in the event that any federal
773agency shall construct or contribute any funds for the
774completion, extension, or improvement of the Jacksonville
775Expressway System or other transportation facilities of the
776authority, or any part or portion thereof, the state will not
777alter or limit the rights and powers of the authority and the
778department in any manner that which would be inconsistent with
779the continued maintenance and operation of the Jacksonville
780Expressway System or other transportation facilities of the
781authority or the completion, extension, or improvement thereof,
782or that which would be inconsistent with the due performance of
783any agreements between the authority and any such federal
784agency, and the authority and the department shall continue to
785have and may exercise all powers herein granted, so long as the
786same shall be necessary or desirable for the carrying out of the
787purposes of this chapter and the purposes of the United States
788in the completion, extension, or improvement of the Jacksonville
789Expressway System or other transportation facilities of the
790authority, or any part or portion thereof.
791     Section 13.  Section 349.13, Florida Statutes, is amended
792to read:
793     349.13  Exemption from taxation.--The effectuation of the
794authorized purposes of the authority created under this chapter
795is, shall and will be, in all respects for the benefit of the
796people of the state, for the increase of their commerce and
797prosperity, and for the improvement of their health and living
798conditions, and since such authority will be performing
799essential governmental functions in effectuating such purposes,
800such authority shall not be required to pay any taxes or
801assessments of any kind or nature whatsoever upon any property
802acquired or used by it for such purposes, or upon any rates,
803fees, rentals, receipts, income, or charges at any time received
804by it, and the bonds and other obligations issued under this
805chapter by the authority, their transfer and the income
806therefrom, (including any profits made on the sale thereof),
807shall at all times be free from taxation of any kind by the
808state, or by any political subdivision, or taxing agency or
809instrumentality thereof. The exemption granted by this section
810shall not be applicable to any tax imposed by chapter 220 on
811interest, income, or profits on debt obligations owned by
812corporations. When property of the authority is leased, it shall
813be exempt from ad valorem taxes only if the use by the lessee
814qualifies the property for exemption under s. 196.199.
815     Section 14.  Section 349.15, Florida Statutes, is amended
816to read:
817     349.15  Remedies; pledges enforceable by bondholders.--Any
818holder of bonds issued under this chapter, except to the extent
819such rights may be restricted by the resolution, deed of trust,
820indenture, or other proceeding relating to the issuance of such
821bonds, may by civil action, mandamus, or other appropriate
822action, suit, or proceeding in law or in equity, in any court of
823competent jurisdiction, protect and enforce any and all rights
824of such bondholder granted under the proceedings authorizing the
825issuance of such bonds and enforce any pledge made for payment
826of the principal and interest on bonds, or any covenant or
827agreement relative thereto, against the authority or directly
828against the department, as may be appropriate. It is the express
829intention of this chapter that any pledge by the department of
830rates, fees, revenues, Duval county gasoline tax funds, or other
831funds, as rentals, to the authority or any covenants or
832agreements relative thereto may be enforceable in any court of
833competent jurisdiction against the authority or directly against
834the department by any holder of bonds issued by the authority.
835     Section 15.  Section 349.17, Florida Statutes, is amended
836to read:
837     349.17  Chapter complete and additional authority.--
838     (1)  The powers conferred by this chapter shall be in
839addition and supplemental to the existing powers of said board
840and the Department of Transportation, and this chapter shall not
841be construed as repealing any of the provisions of any other
842law, general, special, or local, but to supersede such other
843laws in the exercise of the powers provided in this chapter, and
844to provide a complete method for the exercise of the powers
845granted in this chapter. The refunding of any of the bonds of
846Florida State Improvement Commission heretofore issued to
847finance part of the cost of said Jacksonville Expressway System,
848and the completion, extension, and improvement of said system,
849and the issuance of bonds hereunder to finance all or part of
850the cost thereof, may be accomplished upon compliance with the
851provisions of this chapter without regard to or necessity for
852compliance with the provisions, limitations, or restrictions
853contained in any other general, special, or local law,
854including, without limitation, s. 215.821, and no approval of
855any bonds issued under this chapter by the qualified electors or
856qualified electors who are freeholders in the state or in said
857County of Duval, or in said City of Jacksonville, or in any
858other political subdivision of the state, shall be required for
859the issuance of such bonds pursuant to this chapter.
860     (2)  This chapter shall not be deemed to repeal, rescind,
861or modify any other law or laws relating to said State Board of
862Administration, said Department of Transportation, or said
863Florida State Improvement Commission, but shall be deemed to and
864shall supersede such other law or laws in the exercise of the
865powers provided in this chapter insofar as such other law or
866laws are inconsistent with the provisions of this chapter,
867including, without limitation, s. 215.821.
868     Section 16.  Section 349.21, Florida Statutes, is amended
869to read:
870     349.21  Powers conferred by s. 212.055(1).--Notwithstanding
871any other provision of law, any transportation authority created
872by this chapter shall have all the powers conferred by s.
873212.055(1). The revenues provided by this section may shall be
874used or pledged as set forth in s. 212.055(1), including to pay
875principal and interest on bonds issued to refinance existing
876bonds or new bonds issued for the construction of rapid transit
877systems, bus systems, roads, or bridges, as provided in s.
878212.055(1). In no event may local transportation surtax moneys
879collected in Duval County be expended on transportation
880facilities outside the boundaries of such county for which tolls
881have been pledged. The powers provided by this section shall
882expire when all such bonds in existence on the effective date of
883this act have been retired.
884     Section 17.  Section 349.22, Florida Statutes, is created
885to read:
886     349.22  Public-private transportation facilities.--
887     (1)  The authority may receive or solicit proposals and
888enter into agreements with private entities or consortia thereof
889for the building, operation, ownership, or financing of
890highways, bridges, multimodal transportation systems, transit-
891oriented development nodes, transit stations, or related
892transportation facilities. Before approval, the authority must
893determine 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
896project is on or provides increased mobility on the State
897Highway System.
898     (c)  Would have adequate safeguards to ensure that
899additional costs or unreasonable service disruptions would not
900be realized by the traveling public and citizens of the state in
901the event of default or cancellation of the agreement by the
902authority.
903     (2)  The authority shall ensure that all reasonable costs
904to the state related to transportation facilities that are not
905part of the State Highway System are borne by the private entity
906or any partnership created to develop the facilities. The
907authority shall also ensure that all reasonable costs to the
908state and substantially affected local governments and utilities
909related to the private transportation facility are borne by the
910private entity for transportation facilities that are owned by
911private entities. For projects on the State Highway System or
912that provide increased mobility on the State Highway System, the
913department may use state resources to participate in funding and
914financing the project as provided for under the department's
915enabling legislation.
916     (3)  The authority may request proposals and receive
917unsolicited proposals for public-private transportation projects
918and, upon receipt of any unsolicited proposal or determination
919to issue a request for proposals, the authority must publish a
920notice in the Florida Administrative Weekly and a newspaper of
921general circulation in the county in which the proposed project
922is located at least once a week for 2 weeks requesting proposals
923or, if an unsolicited proposal was received, stating that it has
924received the proposal and will accept, for 60 days after the
925initial date of publication, other proposals for the same
926project purpose. A copy of the notice must be mailed to each
927local government in the affected areas. After the public
928notification period has expired, the authority shall rank the
929proposals in order of preference. In ranking the proposals, the
930authority shall consider professional qualifications, general
931business terms, innovative engineering or cost-reduction terms,
932finance plans, and the need for state funds to deliver the
933proposal. If the authority is not satisfied with the results of
934the negotiations, it may, at its sole discretion, terminate
935negotiations with the proposer. If these negotiations are
936unsuccessful, the authority may go to the second and lower-
937ranked firms, in order, using the same procedure. If only one
938proposal is received, the authority may negotiate in good faith
939and, if it is not satisfied with the results, it may, at its
940sole discretion, terminate negotiations with the proposer.
941Notwithstanding this subsection, the authority may, at its
942discretion, reject all proposals at any point in the process up
943to completion of a contract with the proposer.
944     (4)  Agreements entered into pursuant to this section may
945authorize the public-private entity to impose tolls or fares for
946the use of the transportation facility. However, the amount and
947use of toll or fare revenues shall be regulated by the authority
948to avoid unreasonable costs to users of the facility.
949     (5)  Each public-private transportation facility
950constructed pursuant to this section shall comply with all
951requirements of federal, state, and local laws; state, regional,
952and local comprehensive plans; the authority's rules, policies,
953procedures, and standards for transportation facilities; and any
954other conditions that the authority determines to be in the
955public's best interest.
956     (6)  The authority may exercise any of its powers,
957including eminent domain, to facilitate the development and
958construction of transportation projects pursuant to this
959section. The authority may pay all or part of the cost of
960operating and maintaining the facility or may provide services
961to the private entity, for which services it shall receive full
962or partial reimbursement.
963     (7)  Except as provided in this section, this section is
964not intended to amend existing law by granting additional powers
965to or imposing further restrictions on the governmental entities
966with regard to regulating and entering into cooperative
967arrangements with the private sector for the planning,
968construction, and operation of transportation facilities.
969     Section 18.  This act shall take effect July 1, 2008.


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