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.