Florida Senate - 2013                                     SB 770
       
       
       
       By Senator Ring
       
       
       
       
       29-00613-13                                            2013770__
    1                        A bill to be entitled                      
    2         An act relating to neighborhood improvement districts;
    3         amending s. 163.506, F.S.; providing that an ordinance
    4         that creates a neighborhood improvement district may
    5         authorize the district to exercise certain powers in
    6         addition to those already granted to such districts;
    7         specifying such powers; establishing that a
    8         neighborhood improvement district shall be treated as
    9         a community development district regarding certain
   10         exemption and bond provisions described in ch. 190,
   11         F.S.; prohibiting a neighborhood improvement district
   12         from being dissolved until arrangements are made for
   13         payment of its debt; providing an effective date.
   14  
   15  Be It Enacted by the Legislature of the State of Florida:
   16  
   17         Section 1. Paragraph (i) is added to subsection (1) of
   18  section 163.506, Florida Statutes, to read:
   19         163.506 Local government neighborhood improvement
   20  districts; creation; advisory council; dissolution.—
   21         (1) After a local planning ordinance has been adopted
   22  authorizing the creation of local government neighborhood
   23  improvement districts, the local governing body of a
   24  municipality or county may create local government neighborhood
   25  improvement districts by the enactment of a separate ordinance
   26  for each district, which ordinance:
   27         (i) Authorizes the district to exercise powers, in addition
   28  to those described in s. 163.514, deemed necessary and useful by
   29  the local governing body, including the power to borrow money
   30  and incur indebtedness; finance and refinance projects of the
   31  district; pledge revenues and ad valorem taxes to secure or
   32  repay obligations of the district; and lease or lease-purchase
   33  property, as lessor or lessee, and impose user fees and charges.
   34  For purposes of this paragraph, a neighborhood improvement
   35  district:
   36         1. Shall be treated as a community development district
   37  regarding the exemption provisions described in ss. 190.044 and
   38  190.021(6) and the bond provisions described in s.
   39  190.016(4),(10), and (14).
   40         2. May not be dissolved until arrangements are made for
   41  payment of its debt.
   42         Section 2. This act shall take effect July 1, 2013.