Florida Senate - 2014                       CS for CS for SB 230
       
       
        
       By the Committees on Appropriations; and Transportation; and
       Senator Simmons
       
       
       
       
       576-02570-14                                           2014230c2
    1                        A bill to be entitled                      
    2         An act relating to the Orlando-Orange County
    3         Expressway Authority; amending ss. 348.751 and
    4         348.752, F.S.; renaming the Orlando-Orange County
    5         Expressway System as the “Central Florida Expressway
    6         System”; revising definitions; making technical
    7         changes; amending s. 348.753, F.S.; creating the
    8         Central Florida Expressway Authority; providing for
    9         the transfer of governance and control, legal rights
   10         and powers, responsibilities, terms, and obligations
   11         to the authority; providing conditions for the
   12         transfer; revising the composition of the governing
   13         body of the authority; providing for appointment of
   14         officers of the authority and for the expiration of
   15         terms of standing board members; revising quorum and
   16         voting requirements; conforming terminology and making
   17         technical changes; prohibiting a member or the
   18         executive director of the authority from personally
   19         representing certain persons or entities for a
   20         specified time period; prohibiting a retired or
   21         terminated member or executive director of the
   22         authority from contracting with a business entity
   23         under certain circumstances; providing penalties;
   24         requiring authority board members, employees, and
   25         consultants to make certain annual disclosures;
   26         requiring an ethics officer to review such
   27         disclosures; requiring the authority code of ethics to
   28         include a conflict of interest process; prohibiting
   29         authority employees and consultants from serving on
   30         the board during their employment or contract period;
   31         requiring the code of ethics to be reviewed and
   32         updated at least every 2 years; requiring employees to
   33         participate in ongoing ethics education; amending s.
   34         348.754, F.S.; providing that the area served by the
   35         authority is within the geopolitical boundaries of
   36         Orange, Seminole, Lake, and Osceola Counties;
   37         requiring the authority to have prior consent from the
   38         Secretary of the Department of Transportation to
   39         construct an extension, addition, or improvement to
   40         the expressway system in Lake County; extending, to 99
   41         years from 40 years, the term of a lease-purchase
   42         agreement; limiting the authority’s authority to enter
   43         into a lease-purchase agreement; limiting the use of
   44         certain toll-revenues; providing exceptions; removing
   45         the requirement that the route of a project must be
   46         approved by a municipality before the right-of-way can
   47         be acquired; requiring that the authority encourage
   48         the inclusion of local-, small-, minority-, and women
   49         owned businesses in its procurement and contracting
   50         opportunities; removing the authority and criteria for
   51         an authority to waive payment and performance bonds
   52         for certain public works projects that are awarded
   53         pursuant to an economic development program;
   54         conforming terminology and making technical changes;
   55         amending ss. 348.7543, 348.7544, 348.7545, 348.7546,
   56         348.7547, 348.755, and 348.756, F.S.; conforming
   57         terminology and making technical changes; amending s.
   58         348.757, F.S.; providing that upon termination of the
   59         lease-purchase agreement of the former Orlando-Orange
   60         County Expressway System, title in fee simple to the
   61         former system shall be transferred to the state;
   62         conforming terminology and making technical changes;
   63         amending ss. 348.758, 348.759, 348.760, 348.761, and
   64         348.765, F.S.; conforming terminology and making
   65         technical changes; amending s. 348.9953, F.S.;
   66         limiting the purpose and powers of the Osceola County
   67         Expressway Authority; providing for the termination of
   68         the Osceola County Expressway Authority by a specified
   69         time period; prohibiting the authority from extending
   70         the Poinciana Parkway beyond a specified limit;
   71         amending s. 369.317, F.S.; conforming terminology and
   72         making technical changes; amending s. 369.324, F.S.;
   73         revising the membership of the Wekiva River Basin
   74         Commission; conforming terminology; providing criteria
   75         for the transfer of the Osceola County Expressway
   76         System to the Central Florida Expressway Authority;
   77         providing for the repeal of part V of ch. 348, F.S.,
   78         when the Osceola County Expressway System is
   79         transferred to the Central Florida Expressway
   80         Authority; requiring the Central Florida Expressway
   81         Authority to reimburse other governmental entities for
   82         obligations related to the Osceola County Expressway
   83         System; providing for reimbursement after payment of
   84         other obligations; providing a directive to the
   85         Division of Law Revision and Information; providing an
   86         effective date.
   87          
   88  Be It Enacted by the Legislature of the State of Florida:
   89  
   90         Section 1. Section 348.751, Florida Statutes, is amended to
   91  read:
   92         348.751 Short title.—This part shall be known and may be
   93  cited as the “Central Florida Orlando-Orange County Expressway
   94  Authority Law.”
   95         Section 2. Section 348.752, Florida Statutes, is amended to
   96  read:
   97         348.752 Definitions.—As used in this part The following
   98  terms, whenever used or referred to in this law, shall have the
   99  following meanings, except in those instances where the context
  100  clearly indicates otherwise:
  101         (1) The term “agency of the state” means and includes the
  102  state and any department of, or corporation, agency, or
  103  instrumentality heretofore or hereafter created, designated, or
  104  established by, the state.
  105         (2) The term “authority” means the body politic and
  106  corporate, and agency of the state created by this part.
  107         (3) The term “bonds” means and includes the notes, bonds,
  108  refunding bonds, or other evidences of indebtedness or
  109  obligations, in either temporary or definitive form, which the
  110  authority is authorized to issue pursuant to this part.
  111         (4) The term “Central Florida Expressway Authority” means
  112  the body politic and corporate, and agency of the state created
  113  by this part.
  114         (5) The term “Central Florida Expressway System” means any
  115  expressway and appurtenant facilities, including all approaches,
  116  roads, bridges, and avenues for the expressway and any rapid
  117  transit, trams, or fixed guideways located within the right-of
  118  way of an expressway.
  119         (4) The term “city” means the City of Orlando.
  120         (5) The term “county” means the County of Orange.
  121         (6) The term “department” means the Department of
  122  Transportation existing under chapters 334-339.
  123         (7) The term “expressway” has the same meaning is the same
  124  as limited access expressway.
  125         (8) The term “federal agency” means and includes the United
  126  States, the President of the United States, and any department
  127  of, or corporation, agency, or instrumentality heretofore or
  128  hereafter created, designated, or established by, the United
  129  States.
  130         (9) The term “lease-purchase agreement” means the lease
  131  purchase agreements that which the authority is authorized
  132  pursuant to this part to enter into with the Department of
  133  Transportation pursuant to this part.
  134         (10) The term “limited access expressway” means a street or
  135  highway specifically especially designed for through traffic,
  136  and over, from, or to which, a no person does not shall have the
  137  right of easement, use, or access except in accordance with the
  138  rules of and regulations promulgated and established by the
  139  authority governing its use for the use of such facility. Such
  140  highways or streets may be parkways that do not allow traffic
  141  by, from which trucks, buses, and other commercial vehicles
  142  shall be excluded, or they may be freeways open to use by all
  143  customary forms of street and highway traffic.
  144         (11) The term “members” means the governing body of the
  145  authority, and the term “member” means an individual who serves
  146  on the one of the individuals constituting such governing body
  147  of the authority.
  148         (12) The term “Orange County gasoline tax funds” means all
  149  the revenue derived from the 80-percent surplus gasoline tax
  150  funds accruing in each year to the Department of Transportation
  151  for use in Orange County under the provisions of s. 9, Art. XII
  152  of the State Constitution, after deducting deduction only of any
  153  amounts of said gasoline tax funds previously heretofore pledged
  154  by the department or the county for outstanding obligations.
  155         (13) The term “Orlando-Orange County Expressway System”
  156  means any and all expressways and appurtenant facilities
  157  thereto, including, but not limited to, all approaches, roads,
  158  bridges, and avenues of access for said expressway or
  159  expressways.
  160         (13)(14) The term “State Board of Administration” means the
  161  body corporate existing under the provisions of s. 4, Art. IV of
  162  the State Constitution, or any successor thereto.
  163         (14) The term “transportation facilities” means and
  164  includes the mobile and fixed assets, and the associated real or
  165  personal property or rights, used in the transportation of
  166  persons or property by any means of conveyance, and all
  167  appurtenances, such as, but not limited to, highways; limited or
  168  controlled access lanes, avenues of access, and facilities;
  169  vehicles; fixed guideway facilities, including maintenance
  170  facilities; and administrative and other office space for the
  171  exercise by the authority of the powers and obligations granted
  172  in this part.
  173         (15) Words importing singular number include the plural
  174  number in each case and vice versa, and words importing persons
  175  include firms and corporations.
  176         Section 3. Section 348.753, Florida Statutes, is amended to
  177  read:
  178         348.753 Central Florida Orlando-Orange County Expressway
  179  Authority.—
  180         (1) There is hereby created and established a body politic
  181  and corporate, an agency of the state, to be known as the
  182  Central Florida Orlando-Orange County Expressway Authority.,
  183  hereinafter referred to as “authority.”
  184         (2)(a)Immediately upon the effective date of this act, the
  185  Central Florida Expressway Authority shall assume the governance
  186  and control of the Orlando-Orange County Expressway Authority
  187  System, including its assets, personnel, contracts, obligations,
  188  liabilities, facilities, and tangible and intangible property.
  189  Any rights in such property, and other legal rights of the
  190  authority, are transferred to the Central Florida Expressway
  191  Authority. The Central Florida Expressway Authority shall
  192  immediately succeed to and assume the powers, responsibilities,
  193  and obligations of the Orlando-Orange County Expressway
  194  Authority.
  195         (b)The transfer pursuant to this subsection is subject to
  196  the terms and covenants provided for the protection of the
  197  holders of the Orlando-Orange County Expressway Authority bonds
  198  in the lease-purchase agreement and the resolutions adopted in
  199  connection with the issuance of the bonds. Further, the transfer
  200  does not impair the terms of the contract between the Orlando
  201  Orange County Expressway Authority and the bondholders, does not
  202  act to the detriment of the bondholders, and does not diminish
  203  the security for the bonds. After the transfer, the Central
  204  Florida Expressway Authority shall operate and maintain the
  205  expressway system and any other facilities of the Orlando-Orange
  206  County Expressway Authority in accordance with the terms,
  207  conditions, and covenants contained in the bond resolutions and
  208  lease-purchase agreement securing the bonds of the authority.
  209  The Central Florida Expressway Authority shall collect toll
  210  revenues and apply them to the payment of debt service as
  211  provided in the bond resolution securing the bonds, and shall
  212  expressly assume all obligations relating to the bonds to ensure
  213  that the transfer will have no adverse impact on the security
  214  for the bonds. The transfer does not make the obligation to pay
  215  the principal and interest on the bonds a general liability of
  216  the Central Florida Expressway Authority or pledge additional
  217  expressway system revenues to payment of the bonds. Revenues
  218  that are generated by the expressway system and other facilities
  219  of the Central Florida Expressway Authority which were pledged
  220  by the Orlando-Orange County Expressway Authority to payment of
  221  the bonds will remain subject to the pledge for the benefit of
  222  the bondholders. The transfer does not modify or eliminate any
  223  prior obligation of the department to pay certain costs of the
  224  expressway system from sources other than revenues of the
  225  expressway system.
  226         (3)(2) The governing body of the authority shall consist of
  227  nine five members. The chairs of the boards of the county
  228  commissions of Seminole, Lake, and Osceola Counties shall each
  229  appoint one member, who may be a commission member or chair. The
  230  Mayor of Orange County shall appoint a member from the Orange
  231  County Commission. The Governor shall appoint three citizen
  232  members. Of the Governor’s appointments, two Three members must
  233  shall be citizens of Orange County and one member must be a
  234  citizen of either Seminole County, Lake County, or Osceola
  235  County, who shall be appointed by the Governor. The eighth
  236  fourth member must shall be, ex officio, the Mayor of chair of
  237  the County Commissioners of Orange County. The ninth member must
  238  be the Mayor of the City of Orlando. The executive director of
  239  Florida Turnpike Enterprise shall serve as a nonvoting advisor
  240  to the governing body of the authority, and the fifth member
  241  shall be, ex officio, the district secretary of the Department
  242  of Transportation serving in the district that contains Orange
  243  County. The term of Each appointed member appointed by the
  244  Governor shall serve be for 4 years. Each county-appointed
  245  member shall serve for 2 years. The terms of standing board
  246  members expire upon the effective date of this act. Each
  247  appointed member shall hold office until his or her successor
  248  has been appointed and has qualified. A vacancy occurring during
  249  a term must shall be filled only for the balance of the
  250  unexpired term. Each appointed member of the authority shall be
  251  a person of outstanding reputation for integrity,
  252  responsibility, and business ability, but, except as provided in
  253  this subsection, a no person who is an officer or employee of a
  254  municipality or any city or of Orange county may not in any
  255  other capacity shall be an appointed member of the authority.
  256  Any member of the authority is shall be eligible for
  257  reappointment.
  258         (4)(3)(a) The authority shall elect one of its members as
  259  chair of the authority. The authority shall also elect one of
  260  its members as vice chair, one of its members as a secretary,
  261  and one of its members as a treasurer who may or may not be
  262  members of the authority. The chair, vice chair, secretary, and
  263  treasurer shall hold such offices at the will of the authority.
  264  Five Three members of the authority shall constitute a quorum,
  265  and the vote of five three members is shall be necessary for any
  266  action taken by the authority. A No vacancy in the authority
  267  does not shall impair the right of a quorum of the authority to
  268  exercise all of the rights and perform all of the duties of the
  269  authority.
  270         (b) Upon the effective date of his or her appointment, or
  271  as soon thereafter as practicable, each appointed member of the
  272  authority shall enter upon his or her duties. Members of the
  273  authority may be removed from office by the Governor for
  274  misconduct, malfeasance, misfeasance, or nonfeasance in office.
  275         (c) Members of the authority are entitled to receive
  276  reimbursement from the authority for travel and other necessary
  277  expenses incurred in connection with the business of the
  278  authority as provided in s. 112.061, but may not draw salaries
  279  or other compensation.
  280         (5)(4)(a) The authority may employ an executive secretary,
  281  an executive director, its own counsel and legal staff,
  282  technical experts, and the such engineers, and such employees
  283  that, permanent or temporary, as it requires. The authority may
  284  require and may determine the qualifications and fix the
  285  compensation of such persons, firms, or corporations, and may
  286  employ a fiscal agent or agents;, provided, however, that the
  287  authority shall solicit sealed proposals from at least three
  288  persons, firms, or corporations for the performance of any
  289  services as fiscal agents. The authority may delegate to one or
  290  more of its agents or employees the such of its power as it
  291  deems shall deem necessary to carry out the purposes of this
  292  part, subject always to the supervision and control of the
  293  authority. Members of the authority may be removed from their
  294  office by the Governor for misconduct, malfeasance, misfeasance,
  295  or nonfeasance in office.
  296         (b) Members of the authority shall be entitled to receive
  297  from the authority their travel and other necessary expenses
  298  incurred in connection with the business of the authority as
  299  provided in s. 112.061, but they shall draw no salaries or other
  300  compensation.
  301         (6) In addition to meeting the requirements of chapter 112,
  302  a member or the executive director of the authority may not:
  303         (a) Personally represent another person or entity for
  304  compensation before the authority for a period of 2 years
  305  following vacation of his or her position.
  306         (b) Within 2 years after retirement or termination, have an
  307  employment or contractual relationship with a business entity
  308  other than an agency, as defined in s. 112.312, that was doing
  309  business with the authority at any time during the person’s
  310  membership on or employment by the authority.
  311         (c) After retirement or termination, have an employment or
  312  contractual relationship with a business entity other than an
  313  agency as defined in s. 112.312, in connection with a contract
  314  in which the member or executive director personally and
  315  substantially participated in through decision, approval,
  316  disapproval, recommendation, rendering of advice, or
  317  investigation while he or she was a member or employee of the
  318  authority.
  319         (d) A violation of this subsection is punishable in
  320  accordance with s. 112.317.
  321         (7) The authority’s general counsel shall serve as the
  322  authority’s ethics officer.
  323         (8) Authority board members, employees, and consultants who
  324  hold positions that may influence authority decisions shall
  325  refrain from engaging in any relationship that may adversely
  326  affect their judgment in carrying out authority business. The
  327  following disclosures must be made annually on a disclosure form
  328  to prevent such conflicts of interest and preserve the integrity
  329  and transparency of the authority to the public:
  330         (a) Any relationship a board member, employee, or
  331  consultant has which affords a current or future financial
  332  benefit to such board member, employee, or consultant, or to a
  333  relative or business associate of such board member, employee,
  334  or consultant, and which a reasonable person would conclude has
  335  the potential to create a prohibited conflict of interest.
  336         (b) Whether a relative of such board member, employee, or
  337  consultant is a registered lobbyist, and if so, the names of
  338  such lobbyist’s clients. Such names shall be provided in writing
  339  to the ethics officer.
  340         (c) Any and all interests in real property that such board
  341  member, employee, or consultant has, or that a relative,
  342  principal, client, or business associate of such board member,
  343  employee, or consultant has whenever such real property is
  344  located within, or within a one-half mile radius of, any actual
  345  or prospective authority roadway project. The executive director
  346  shall provide a corridor map and a property ownership list
  347  reflecting the ownership of all real property within the
  348  disclosure area, or an alignment map with a list of associated
  349  owners, to all board members, employees, and consultants.
  350         (9) The disclosure forms required under subsection (8) must
  351  be reviewed by the ethics officer or, if a form is filed by the
  352  general counsel, by the executive director.
  353         (10) The conflict of interest process shall be outlined in
  354  the authority’s Code of Ethics.
  355         (11) Authority employees and consultants are prohibited
  356  from serving on the governing body of the authority while
  357  employed by or under contract with the authority.
  358         (12) The code of ethics policy shall be reviewed and
  359  updated by the ethics officer and presented for board approval
  360  at a minimum of once every 2 years.
  361         (13) Employees shall be adequately informed and trained on
  362  the code of ethics and shall continually participate in ongoing
  363  ethics education.
  364         Section 4.  Section 348.754, Florida Statutes, is amended
  365  to read:
  366         348.754 Purposes and powers.—
  367         (1)(a) The authority created and established under by the
  368  provisions of this part is hereby granted and has shall have the
  369  right to acquire, hold, construct, improve, maintain, operate,
  370  own, and lease in the capacity of lessor, the Central Florida
  371  Orlando-Orange County Expressway System, hereinafter referred to
  372  as “system.” Except as otherwise specifically provided by law,
  373  including paragraph (2)(n), the area served by the authority
  374  shall be within the geographical boundaries of Orange, Seminole,
  375  Lake, and Osceola Counties.
  376         (b) It is the express intention of this part that said
  377  authority, In the construction of the Central Florida said
  378  Orlando-Orange County Expressway System, the authority may shall
  379  be authorized to construct any extensions, additions, or
  380  improvements to the said system or appurtenant facilities,
  381  including all necessary approaches, roads, bridges, and avenues
  382  of access, rapid transit, trams, fixed guideways, thoroughfares,
  383  and boulevards with any such changes, modifications, or
  384  revisions of the said project which are as shall be deemed
  385  desirable and proper.
  386         (c)Notwithstanding any other provision of this section to
  387  the contrary, to ensure the continued financial feasibility of
  388  the portion of the Wekiva Parkway to be constructed by the
  389  department, the authority may not, without the prior consent of
  390  the secretary of the department, construct any extensions,
  391  additions, or improvements to the expressway system in Lake
  392  County.
  393         (2) The authority is hereby granted, and shall have and may
  394  exercise all powers necessary, appurtenant, convenient, or
  395  incidental to the implementation carrying out of the stated
  396  aforesaid purposes, including, but not without being limited to,
  397  the following rights and powers:
  398         (a) To sue and be sued, implead and be impleaded, complain
  399  and defend in all courts.
  400         (b) To adopt, use, and alter at will a corporate seal.
  401         (c) To acquire by donation or otherwise, purchase, hold,
  402  lease as lessee, and use any franchise or any, property, real,
  403  personal, or mixed, or tangible or intangible, or any options
  404  thereof in its own name or in conjunction with others, or
  405  interest in those options therein, necessary or desirable to
  406  carry for carrying out the purposes of the authority, and to
  407  sell, lease as lessor, transfer, and dispose of any property or
  408  interest in the property therein at any time acquired by it.
  409         (d) To enter into and make leases for terms not exceeding
  410  99 years, as either lessee or lessor, in order to carry out the
  411  right to lease as specified set forth in this part.
  412         (e) To enter into and make lease-purchase agreements with
  413  the department for terms not exceeding 99 40 years, or until any
  414  bonds secured by a pledge of rentals pursuant to the agreement
  415  thereunder, and any refundings pursuant to the agreement
  416  thereof, are fully paid as to both principal and interest,
  417  whichever is longer. The authority is a party to a lease
  418  purchase agreement between the department and the authority
  419  dated December 23, 1985, as supplemented by a first supplement
  420  to the lease-purchase agreement dated November 25, 1986, and a
  421  second supplement to the lease-purchase agreement dated October
  422  27, 1988. The authority may not enter into other lease-purchase
  423  agreements with the department and may not amend the existing
  424  agreement in a manner that expands or increases the department’s
  425  obligations unless the department determines that the agreement
  426  or amendment is necessary to permit the refunding of bonds
  427  issued before July 1, 2013.
  428         (f) To fix, alter, charge, establish, and collect rates,
  429  fees, rentals, and other charges for the services and facilities
  430  of the Central Florida Orlando-Orange County Expressway System,
  431  which must rates, fees, rentals and other charges shall always
  432  be sufficient to comply with any covenants made with the holders
  433  of any bonds issued pursuant to this part; provided, however,
  434  that such right and power may be assigned or delegated, by the
  435  authority, to the department. Toll revenues attributable to an
  436  increase in the toll rates charged on or after the effective
  437  date of this act for the use of a portion of the system may not
  438  be used to construct or expand a different portion of the system
  439  unless a two-thirds majority of the members of the authority
  440  votes to approve such use. This requirement does not apply if,
  441  and to the extent that:
  442         1. Application of the requirement would violate any
  443  covenant established in a resolution or trust indenture under
  444  which bonds were issued by the Orlando-Orange County Expressway
  445  Authority on or before the effective date of this act; or
  446         2. Application of the requirement would cause the authority
  447  to be unable to meet its obligations under the terms of the
  448  memorandum of understanding between the authority and the
  449  department as ratified by the Orlando-Orange County Expressway
  450  Authority board on February 22, 2012.
  451  
  452  Notwithstanding s. 338.165, and except as otherwise prohibited
  453  by this part, to the extent revenues of the expressway system
  454  exceed amounts required to comply with any covenants made with
  455  the holders of bonds issued pursuant to this part, revenues may
  456  be used for purposes enumerated in subsection (6), provided the
  457  expenditures are consistent with the metropolitan planning
  458  organization’s adopted long-range plan.
  459         (g) To borrow money, make and issue negotiable notes,
  460  bonds, refunding bonds, and other evidences of indebtedness or
  461  obligations, either in temporary or definitive form, hereinafter
  462  in this chapter sometimes called “bonds” of the authority, for
  463  the purpose of financing all or part of the improvement or
  464  extension of the Central Florida Orlando-Orange County
  465  Expressway System, and appurtenant facilities, including all
  466  approaches, streets, roads, bridges, and avenues of access for
  467  the Central Florida said Orlando-Orange County Expressway System
  468  and for any other purpose authorized by this part, said bonds to
  469  mature in not exceeding 40 years from the date of the issuance
  470  thereof, and to secure the payment of such bonds or any part
  471  thereof by a pledge of any or all of its revenues, rates, fees,
  472  rentals, or other charges, including all or any portion of the
  473  Orange County gasoline tax funds received by the authority
  474  pursuant to the terms of any lease-purchase agreement between
  475  the authority and the department; and in general to provide for
  476  the security of the said bonds and the rights and remedies of
  477  the holders thereof. Provided, However, that no portion of the
  478  Orange County gasoline tax funds may shall be pledged for the
  479  construction of any project for which a toll is to be charged
  480  unless the anticipated toll is tolls are reasonably estimated by
  481  the board of county commissioners, at the date of its resolution
  482  pledging the said funds, to be sufficient to cover the principal
  483  and interest of such obligations during the period when the said
  484  pledge of funds is shall be in effect. The bonds issued under
  485  this paragraph must mature not more than 40 years after their
  486  issue date.
  487         1. The authority shall reimburse Orange County for any sums
  488  expended from the said gasoline tax funds used for the payment
  489  of such obligations. Any gasoline tax funds so disbursed must
  490  shall be repaid when the authority deems it practicable,
  491  together with interest at the highest rate applicable to any
  492  obligations of the authority.
  493         2. If, pursuant to this section, In the event the authority
  494  funds shall determine to fund or refunds refund any bonds
  495  previously theretofore issued by the said authority, or the by
  496  said commission before the bonds mature as aforesaid prior to
  497  the maturity thereof, the proceeds of such funding or refunding
  498  must bonds shall, pending the prior redemption of these the
  499  bonds to be funded or refunded, be invested in direct
  500  obligations of the United States, and it is the express
  501  intention of this part that such outstanding bonds may be funded
  502  or refunded by the issuance of bonds pursuant to this part.
  503         (h) To make contracts of every name and nature, including,
  504  but not limited to, partnerships providing for participation in
  505  ownership and revenues, and to execute all instruments necessary
  506  or convenient for conducting the carrying on of its business.
  507         (i) Notwithstanding paragraphs (a)-(h), Without limitation
  508  of the foregoing, to borrow money and accept grants from, and to
  509  enter into contracts, leases, or other transactions with any
  510  federal agency, the state, any agency of the state, the County
  511  of Orange, the City of Orlando, or with any other public body of
  512  the state.
  513         (j) To have the power of eminent domain, including the
  514  procedural powers granted under both chapters 73 and 74.
  515         (k) To pledge, hypothecate, or otherwise encumber all or
  516  any part of the revenues, rates, fees, rentals, or other charges
  517  or receipts of the authority, including all or any portion of
  518  the Orange County gasoline tax funds received by the authority
  519  pursuant to the terms of any lease-purchase agreement between
  520  the authority and the department, as security for all or any of
  521  the obligations of the authority.
  522         (l) To enter into partnership and other agreements
  523  respecting ownership and revenue participation in order to
  524  facilitate financing and constructing the Western Beltway, or
  525  portions thereof.
  526         (m) To do everything all acts and things necessary or
  527  convenient for the conduct of its business and the general
  528  welfare of the authority, in order to comply with carry out the
  529  powers granted to it by this part or any other law.
  530         (n) With the consent of the county within whose
  531  jurisdiction the following activities occur, the authority shall
  532  have the right to construct, operate, and maintain roads,
  533  bridges, avenues of access, transportation facilities,
  534  thoroughfares, and boulevards outside the jurisdictional
  535  boundaries of Orange, Seminole, Lake, and Osceola Counties
  536  County, together with the right to construct, repair, replace,
  537  operate, install, and maintain electronic toll payment systems
  538  thereon, with all necessary and incidental powers to accomplish
  539  the foregoing.
  540         (3) The authority does not shall have the no power at any
  541  time or in any manner to pledge the credit or taxing power of
  542  the state or any political subdivision or agency thereof,
  543  including any city and any county the City of Orlando and the
  544  County of Orange, nor may nor shall any of the authority’s
  545  obligations be deemed to be obligations of the state or of any
  546  political subdivision or agency thereof, nor may nor shall the
  547  state or any political subdivision or agency thereof, except the
  548  authority, be liable for the payment of the principal of or
  549  interest on such obligations.
  550         (4) Anything in this part to the contrary notwithstanding,
  551  acquisition of right-of-way for a project of the authority which
  552  is within the boundaries of any municipality in Orange County
  553  shall not be begun unless and until the route of said project
  554  within said municipality has been given prior approval by the
  555  governing body of said municipality.
  556         (4)(5) The authority has shall have no power other than by
  557  consent of an affected Orange county or any affected city, to
  558  enter into any agreement which would legally prohibit the
  559  construction of a any road by the respective county or city
  560  Orange County or by any city within Orange County.
  561         (5)The authority shall encourage the inclusion of local-,
  562  small-, minority-, and women-owned businesses in its procurement
  563  and contracting opportunities.
  564         (6)(a)The authority may, within the right-of-way of the
  565  expressway system, finance or refinance the planning, design,
  566  acquisition, construction, extension, rehabilitation, equipping,
  567  preservation, maintenance, or improvement of an intermodal
  568  facility or facilities, a multimodal corridor or corridors, or
  569  any programs or projects that will improve the levels of service
  570  on the expressway system Notwithstanding s. 255.05, the Orlando
  571  Orange County Expressway Authority may waive payment and
  572  performance bonds on construction contracts for the construction
  573  of a public building, for the prosecution and completion of a
  574  public work, or for repairs on a public building or public work
  575  that has a cost of $500,000 or less and when the project is
  576  awarded pursuant to an economic development program for the
  577  encouragement of local small businesses that has been adopted by
  578  the governing body of the Orlando-Orange County Expressway
  579  Authority pursuant to a resolution or policy.
  580         (b) The authority’s adopted criteria for participation in
  581  the economic development program for local small businesses
  582  requires that a participant:
  583         1. Be an independent business.
  584         2. Be principally domiciled in the Orange County Standard
  585  Metropolitan Statistical Area.
  586         3. Employ 25 or fewer full-time employees.
  587         4. Have gross annual sales averaging $3 million or less
  588  over the immediately preceding 3 calendar years with regard to
  589  any construction element of the program.
  590         5. Be accepted as a participant in the Orlando-Orange
  591  County Expressway Authority’s microcontracts program or such
  592  other small business program as may be hereinafter enacted by
  593  the Orlando-Orange County Expressway Authority.
  594         6. Participate in an educational curriculum or technical
  595  assistance program for business development that will assist the
  596  small business in becoming eligible for bonding.
  597         (c) The authority’s adopted procedures for waiving payment
  598  and performance bonds on projects with values not less than
  599  $200,000 and not exceeding $500,000 shall provide that payment
  600  and performance bonds may only be waived on projects that have
  601  been set aside to be competitively bid on by participants in an
  602  economic development program for local small businesses. The
  603  authority’s executive director or his or her designee shall
  604  determine whether specific construction projects are suitable
  605  for:
  606         1. Bidding under the authority’s microcontracts program by
  607  registered local small businesses; and
  608         2. Waiver of the payment and performance bond.
  609  
  610  The decision of the authority’s executive director or deputy
  611  executive director to waive the payment and performance bond
  612  shall be based upon his or her investigation and conclusion that
  613  there exists sufficient competition so that the authority
  614  receives a fair price and does not undertake any unusual risk
  615  with respect to such project.
  616         (d) For any contract for which a payment and performance
  617  bond has been waived pursuant to the authority set forth in this
  618  section, the Orlando-Orange County Expressway Authority shall
  619  pay all persons defined in s. 713.01 who furnish labor,
  620  services, or materials for the prosecution of the work provided
  621  for in the contract to the same extent and upon the same
  622  conditions that a surety on the payment bond under s. 255.05
  623  would have been obligated to pay such persons if the payment and
  624  performance bond had not been waived. The authority shall record
  625  notice of this obligation in the manner and location that surety
  626  bonds are recorded. The notice shall include the information
  627  describing the contract that s. 255.05(1) requires be stated on
  628  the front page of the bond. Notwithstanding that s. 255.05(9)
  629  generally applies when a performance and payment bond is
  630  required, s. 255.05(9) shall apply under this subsection to any
  631  contract on which performance or payment bonds are waived and
  632  any claim to payment under this subsection shall be treated as a
  633  contract claim pursuant to s. 255.05(9).
  634         (e) A small business that has been the successful bidder on
  635  six projects for which the payment and performance bond was
  636  waived by the authority pursuant to paragraph (a) shall be
  637  ineligible to bid on additional projects for which the payment
  638  and performance bond is to be waived. The local small business
  639  may continue to participate in other elements of the economic
  640  development program for local small businesses as long as it is
  641  eligible.
  642         (f) The authority shall conduct bond eligibility training
  643  for businesses qualifying for bond waiver under this subsection
  644  to encourage and promote bond eligibility for such businesses.
  645         (g) The authority shall prepare a biennial report on the
  646  activities undertaken pursuant to this subsection to be
  647  submitted to the Orange County legislative delegation. The
  648  initial report shall be due December 31, 2010.
  649         Section 5. Section 348.7543, Florida Statutes, is amended
  650  to read:
  651         348.7543 Improvements, bond financing authority for.
  652  Pursuant to s. 11(f), Art. VII of the State Constitution, the
  653  Legislature hereby approves for bond financing by the Central
  654  Florida Orlando-Orange County Expressway Authority improvements
  655  to toll collection facilities, interchanges to the legislatively
  656  approved expressway system, and any other facility appurtenant,
  657  necessary, or incidental to the approved system. Subject to
  658  terms and conditions of applicable revenue bond resolutions and
  659  covenants, such costs may be financed in whole or in part by
  660  revenue bonds issued pursuant to s. 348.755(1)(a) or (b) whether
  661  currently issued or issued in the future, or by a combination of
  662  such bonds.
  663         Section 6. Section 348.7544, Florida Statutes, is amended
  664  to read:
  665         348.7544 Northwest Beltway Part A, construction authorized;
  666  financing.—Notwithstanding s. 338.2275, the Central Florida
  667  Orlando-Orange County Expressway Authority may is hereby
  668  authorized to construct, finance, operate, own, and maintain
  669  that portion of the Western Beltway known as the Northwest
  670  Beltway Part A, extending from Florida’s Turnpike near Ocoee
  671  north to U.S. 441 near Apopka, as part of the authority’s 20
  672  year capital projects plan. This project may be financed with
  673  any funds available to the authority for such purpose or revenue
  674  bonds issued by the Division of Bond Finance of the State Board
  675  of Administration on behalf of the authority pursuant to s. 11,
  676  Art. VII of the State Constitution and the State Bond Act, ss.
  677  215.57-215.83.
  678         Section 7. Section 348.7545, Florida Statutes, is amended
  679  to read:
  680         348.7545 Western Beltway Part C, construction authorized;
  681  financing.—Notwithstanding s. 338.2275, the Central Florida
  682  Orlando-Orange County Expressway Authority may is authorized to
  683  exercise its condemnation powers, construct, finance, operate,
  684  own, and maintain that portion of the Western Beltway known as
  685  the Western Beltway Part C, extending from Florida’s Turnpike
  686  near Ocoee in Orange County southerly through Orange and Osceola
  687  Counties to an interchange with I-4 near the Osceola-Polk County
  688  line, as part of the authority’s 20-year capital projects plan.
  689  This project may be financed with any funds available to the
  690  authority for such purpose or revenue bonds issued by the
  691  Division of Bond Finance of the State Board of Administration on
  692  behalf of the authority pursuant to s. 11, Art. VII of the State
  693  Constitution and the State Bond Act, ss. 215.57-215.83. This
  694  project may be refinanced with bonds issued by the authority
  695  pursuant to s. 348.755(1)(d).
  696         Section 8. Section 348.7546, Florida Statutes, is amended
  697  to read:
  698         348.7546 Wekiva Parkway, construction authorized;
  699  financing.—
  700         (1) The Central Florida Orlando-Orange County Expressway
  701  Authority may is authorized to exercise its condemnation powers
  702  and to construct, finance, operate, own, and maintain those
  703  portions of the Wekiva Parkway which are identified by agreement
  704  between the authority and the department and which are included
  705  as part of the authority’s long-range capital improvement plan.
  706  The “Wekiva Parkway” means any limited access highway or
  707  expressway constructed between State Road 429 and Interstate 4
  708  specifically incorporating the corridor alignment recommended by
  709  Recommendation 2 of the Wekiva River Basin Area Task Force final
  710  report dated January 15, 2003, and the recommendations of the SR
  711  429 Working Group which were adopted January 16, 2004. This
  712  project may be financed with any funds available to the
  713  authority for such purpose or revenue bonds issued by the
  714  authority under s. 11, Art. VII of the State Constitution and s.
  715  348.755(1)(b). This section does not invalidate the exercise by
  716  the authority of its condemnation powers or the acquisition of
  717  any property for the Wekiva Parkway before July 1, 2012.
  718         (2) Notwithstanding any other provision of law to the
  719  contrary, in order to ensure that funds are available to the
  720  department for its portion of the Wekiva Parkway, beginning July
  721  1, 2012, the authority shall repay the expenditures by the
  722  department for costs of operation and maintenance of the Central
  723  Florida Orlando-Orange County Expressway System in accordance
  724  with the terms of the memorandum of understanding between the
  725  authority and the department as ratified by the authority board
  726  on February 22, 2012, which requires the authority to pay the
  727  department $10 million on July 1, 2012, and $20 million on each
  728  successive July 1 until the department has been fully reimbursed
  729  for all costs of the Central Florida Orlando-Orange County
  730  Expressway System which were paid, advanced, or reimbursed to
  731  the authority by the department, with a final payment in the
  732  amount of the balance remaining. Notwithstanding any other law
  733  to the contrary, the funds paid to the department pursuant to
  734  this subsection must shall be allocated by the department for
  735  construction of the Wekiva Parkway.
  736         (3) The department’s obligation to construct its portions
  737  of the Wekiva Parkway is contingent upon the timely payment by
  738  the authority of the annual payments required of the authority
  739  and receipt of all required environmental permits and approvals
  740  by the Federal Government.
  741         Section 9. Section 348.7547, Florida Statutes, is amended
  742  to read:
  743         348.7547 Maitland Boulevard Extension and Northwest Beltway
  744  Part A Realignment construction authorized; financing.
  745  Notwithstanding s. 338.2275, the Central Florida Orlando-Orange
  746  County Expressway Authority may is hereby authorized to exercise
  747  its condemnation powers, construct, finance, operate, own, and
  748  maintain the portion of State Road 414 known as the Maitland
  749  Boulevard Extension and the realigned portion of the Northwest
  750  Beltway Part A as part of the authority’s long-range capital
  751  improvement plan. The Maitland Boulevard Extension extends will
  752  extend from the current terminus of State Road 414 at U.S. 441
  753  west to State Road 429 in west Orange County. The realigned
  754  portion of the Northwest Beltway Part A runs will run from the
  755  point at or near where the Maitland Boulevard Extension connects
  756  will connect with State Road 429 and proceeds will proceed to
  757  the west and then north resulting in the northern terminus of
  758  State Road 429 moving farther west before reconnecting with U.S.
  759  441. However, under no circumstances may shall the realignment
  760  of the Northwest Beltway Part A conflict with or contradict with
  761  the alignment of the Wekiva Parkway as defined in s. 348.7546.
  762  This project may be financed with any funds available to the
  763  authority for such purpose or revenue bonds issued by the
  764  authority under s. 11, Art. VII of the State Constitution and s.
  765  348.755(1)(b).
  766         Section 10. Subsections (2) and (3) of section 348.755,
  767  Florida Statutes, are amended to read:
  768         348.755 Bonds of the authority.—
  769         (2) Any such resolution that authorizes or resolutions
  770  authorizing any bonds issued under this section hereunder may
  771  contain provisions that must which shall be part of the contract
  772  with the holders of such bonds, relating as to:
  773         (a) The pledging of all or any part of the revenues, rates,
  774  fees, rentals, (including all or any portion of the Orange
  775  County gasoline tax funds received by the authority pursuant to
  776  the terms of any lease-purchase agreement between the authority
  777  and the department, or any part thereof), or other charges or
  778  receipts of the authority, derived by the authority, from the
  779  Central Florida Orlando-Orange County Expressway System.
  780         (b) The completion, improvement, operation, extension,
  781  maintenance, repair, lease or lease-purchase agreement of the
  782  said system, and the duties of the authority and others,
  783  including the department, with reference thereto.
  784         (c) Limitations on the purposes to which the proceeds of
  785  the bonds, then or thereafter to be issued, or of any loan or
  786  grant by the United States or the state may be applied.
  787         (d) The fixing, charging, establishing, and collecting of
  788  rates, fees, rentals, or other charges for use of the services
  789  and facilities of the Central Florida Orlando-Orange County
  790  Expressway System or any part thereof.
  791         (e) The setting aside of reserves or sinking funds or
  792  repair and replacement funds and the regulation and disposition
  793  thereof.
  794         (f) Limitations on the issuance of additional bonds.
  795         (g) The terms and provisions of any lease-purchase
  796  agreement, deed of trust or indenture securing the bonds, or
  797  under which the same may be issued.
  798         (h) Any other or additional agreements with the holders of
  799  the bonds which the authority may deem desirable and proper.
  800         (3) The authority may employ fiscal agents as provided by
  801  this part or the State Board of Administration of Florida may
  802  upon request of the authority act as fiscal agent for the
  803  authority in the issuance of any bonds that which may be issued
  804  pursuant to this part, and the State Board of Administration may
  805  upon request of the authority take over the management, control,
  806  administration, custody, and payment of any or all debt services
  807  or funds or assets now or hereafter available for any bonds
  808  issued pursuant to this part. The authority may enter into any
  809  deeds of trust, indentures or other agreements with its fiscal
  810  agent, or with any bank or trust company within or without the
  811  state, as security for such bonds, and may, under such
  812  agreements, sign and pledge all or any of the revenues, rates,
  813  fees, rentals or other charges or receipts of the authority,
  814  including all or any portion of the Orange County gasoline tax
  815  funds received by the authority pursuant to the terms of any
  816  lease-purchase agreement between the authority and the
  817  department, thereunder. Such deed of trust, indenture, or other
  818  agreement may contain such provisions as are customary in such
  819  instruments, or, as the authority may authorize, including but
  820  without limitation, provisions as to:
  821         (a) The completion, improvement, operation, extension,
  822  maintenance, repair, and lease of, or lease-purchase agreement
  823  relating to the Central Florida Orlando-Orange County Expressway
  824  System, and the duties of the authority and others including the
  825  department, with reference thereto.
  826         (b) The application of funds and the safeguarding of funds
  827  on hand or on deposit.
  828         (c) The rights and remedies of the trustee and the holders
  829  of the bonds.
  830         (d) The terms and provisions of the bonds or the
  831  resolutions authorizing the issuance of same.
  832         Section 11. Subsections (3) and (4) of section 348.756,
  833  Florida Statutes, are amended to read:
  834         348.756 Remedies of the bondholders.—
  835         (3) When a Any trustee is when appointed pursuant to
  836  subsection (1) as aforesaid, or is acting under a deed of trust,
  837  indenture, or other agreement, and whether or not all bonds have
  838  been declared due and payable, the trustee is shall be entitled
  839  as of right to the appointment of a receiver, who may enter upon
  840  and take possession of the Central Florida Orlando-Orange County
  841  Expressway System or the facilities or any part of the system or
  842  facilities or parts thereof, the rates, fees, rentals, or other
  843  revenues, charges, or receipts that from which are, or may be,
  844  applicable to the payment of the bonds so in default, and
  845  subject to and in compliance with the provisions of any lease
  846  purchase agreement between the authority and the department
  847  operate and maintain the same, for and on behalf of and in the
  848  name of, the authority, the department, and the bondholders, and
  849  collect and receive all rates, fees, rentals, and other charges
  850  or receipts or revenues arising therefrom in the same manner as
  851  the authority or the department might do, and shall deposit all
  852  such moneys in a separate account and apply the same in such
  853  manner as the court directs shall direct. In any suit, action,
  854  or proceeding by the trustee, the fees, counsel fees, and
  855  expenses of the trustee, and the said receiver, if any, and all
  856  costs and disbursements allowed by the court must shall be a
  857  first charge on any rates, fees, rentals, or other charges,
  858  revenues, or receipts, derived from the Central Florida Orlando
  859  Orange County Expressway System, or the facilities or services
  860  or any part of the system or facilities or parts thereof,
  861  including payments under any such lease-purchase agreement as
  862  aforesaid which said rates, fees, rentals, or other charges,
  863  revenues, or receipts shall or may be applicable to the payment
  864  of the bonds that are so in default. The Such trustee has shall,
  865  in addition to the foregoing, have and possess all of the powers
  866  necessary or appropriate for the exercise of any functions
  867  specifically set forth in this section herein or incident to the
  868  representation of the bondholders in the enforcement and
  869  protection of their rights.
  870         (4) Nothing in This section or any other section of this
  871  part does not shall authorize any receiver appointed pursuant
  872  hereto for the purpose, subject to and in compliance with the
  873  provisions of any lease-purchase agreement between the authority
  874  and the department, of operating and maintaining the Central
  875  Florida Orlando-Orange County Expressway System or any
  876  facilities or part of the system or facilities or parts thereof,
  877  to sell, assign, mortgage, or otherwise dispose of any of the
  878  assets of whatever kind and character belonging to the
  879  authority. It is the intention of this part to limit The powers
  880  of the such receiver, subject to and in compliance with the
  881  provisions of any lease-purchase agreement between the authority
  882  and the department, are limited to the operation and maintenance
  883  of the Central Florida Orlando-Orange County Expressway System,
  884  or any facility, or part or parts thereof, as the court may
  885  direct, in the name and for and on behalf of the authority, the
  886  department, and the bondholders, and no holder of bonds on the
  887  authority nor any trustee, has shall ever have the right in any
  888  suit, action, or proceeding at law or in equity, to compel a
  889  receiver, nor may shall any receiver be authorized or any court
  890  be empowered to direct the receiver to sell, assign, mortgage,
  891  or otherwise dispose of any assets of whatever kind or character
  892  belonging to the authority.
  893         Section 12. Subsections (1) through (7) of section 348.757,
  894  Florida Statutes, are amended to read:
  895         348.757 Lease-purchase agreement.—
  896         (1) In order to effectuate the purposes of this part and as
  897  authorized by this part, The authority may enter into a lease
  898  purchase agreement with the department relating to and covering
  899  the former Orlando-Orange County Expressway System.
  900         (2) The Such lease-purchase agreement must shall provide
  901  for the leasing of the former Orlando-Orange County Expressway
  902  System, by the authority, as lessor, to the department, as
  903  lessee, must shall prescribe the term of such lease and the
  904  rentals to be paid thereunder, and must shall provide that upon
  905  the completion of the faithful performance thereunder and the
  906  termination of the such lease-purchase agreement, title in fee
  907  simple absolute to the former Orlando-Orange County Expressway
  908  System as then constituted shall be transferred in accordance
  909  with law by the authority, to the state and the authority shall
  910  deliver to the department such deeds and conveyances as shall be
  911  necessary or convenient to vest title in fee simple absolute in
  912  the state.
  913         (3) The Such lease-purchase agreement may include such
  914  other provisions, agreements, and covenants that as the
  915  authority and the department deem advisable or required,
  916  including, but not limited to, provisions as to the bonds to be
  917  issued under, and for the purposes of, this part, the
  918  completion, extension, improvement, operation, and maintenance
  919  of the former Orlando-Orange County Expressway System and the
  920  expenses and the cost of operation of the said authority, the
  921  charging and collection of tolls, rates, fees, and other charges
  922  for the use of the services and facilities of the system
  923  thereof, the application of federal or state grants or aid that
  924  which may be made or given to assist the authority in the
  925  completion, extension, improvement, operation, and maintenance
  926  of the former Orlando-Orange County Orlando Expressway System,
  927  which the authority is hereby authorized to accept and apply to
  928  such purposes, the enforcement of payment and collection of
  929  rentals and any other terms, provisions, or covenants necessary,
  930  incidental, or appurtenant to the making of and full performance
  931  under the such lease-purchase agreement.
  932         (4) The department as lessee under the such lease-purchase
  933  agreement, may is hereby authorized to pay as rentals under the
  934  agreement thereunder any rates, fees, charges, funds, moneys,
  935  receipts, or income accruing to the department from the
  936  operation of the former Orlando-Orange County Expressway System
  937  and the Orange County gasoline tax funds and may also pay as
  938  rentals any appropriations received by the department pursuant
  939  to any act of the Legislature of the state heretofore or
  940  hereafter enacted; provided, however, this part or the that
  941  nothing herein nor in such lease-purchase agreement is not
  942  intended to and does not nor shall this part or such lease
  943  purchase agreement require the making or continuance of such
  944  appropriations, and nor shall any holder of bonds issued
  945  pursuant to this part does not ever have any right to compel the
  946  making or continuance of such appropriations.
  947         (5) A No pledge of the said Orange County gasoline tax
  948  funds as rentals under a such lease-purchase agreement may not
  949  shall be made without the consent of the County of Orange
  950  evidenced by a resolution duly adopted by the board of county
  951  commissioners of said county at a public hearing held pursuant
  952  to due notice thereof published at least once a week for 3
  953  consecutive weeks before the hearing in a newspaper of general
  954  circulation in Orange County. The Said resolution, among other
  955  things, must shall provide that any excess of the said pledged
  956  gasoline tax funds which is not required for debt service or
  957  reserves for the such debt service for any bonds issued by the
  958  said authority shall be returned annually to the department for
  959  distribution to Orange County as provided by law. Before making
  960  any application for a such pledge of gasoline tax funds, the
  961  authority shall present the plan of its proposed project to the
  962  Orange County planning and zoning commission for its comments
  963  and recommendations.
  964         (6) The Said department may shall have power to covenant in
  965  any lease-purchase agreement that it will pay all or any part of
  966  the cost of the operation, maintenance, repair, renewal, and
  967  replacement of the said system, and any part of the cost of
  968  completing the said system to the extent that the proceeds of
  969  bonds issued therefor are insufficient, from sources other than
  970  the revenues derived from the operation of the said system and
  971  the said Orange County gasoline tax funds. The said department
  972  may also agree to make such other payments from any moneys
  973  available to the said commission, the said county, or the said
  974  city in connection with the construction or completion of the
  975  said system as shall be deemed by the said department to be fair
  976  and proper under any such covenants heretofore or hereafter
  977  entered into.
  978         (7) The said system must shall be a part of the state road
  979  system and the said department may is hereby authorized, upon
  980  the request of the authority, to expend out of any funds
  981  available for the purpose the such moneys, and to use such of
  982  its engineering and other forces, as may be necessary and
  983  desirable in the judgment of said department, for the operation
  984  of the said authority and for traffic surveys, borings, surveys,
  985  preparation of plans and specifications, estimates of cost, and
  986  other preliminary engineering and other studies; provided,
  987  however, that the aggregate amount of moneys expended for the
  988  said purposes by the said department do shall not exceed the sum
  989  of $375,000.
  990         Section 13. Section 348.758, Florida Statutes, is amended
  991  to read:
  992         348.758 Appointment of department as may be appointed agent
  993  of authority for construction.—The department may be appointed
  994  by the said authority as its agent for the purpose of
  995  constructing improvements and extensions to the Central Florida
  996  Orlando-Orange County Expressway System and for its the
  997  completion thereof. In such event, the authority shall provide
  998  the department with complete copies of all documents,
  999  agreements, resolutions, contracts, and instruments relating
 1000  thereto and shall request the department to do such construction
 1001  work, including the planning, surveying, and actual construction
 1002  of the completion, extensions, and improvements to the Central
 1003  Florida Orlando-Orange County Expressway System and shall
 1004  transfer to the credit of an account of the department in the
 1005  State Treasury of the state the necessary funds, therefor and
 1006  the department may shall thereupon be authorized, empowered and
 1007  directed to proceed with such construction and to use the said
 1008  funds for such purpose in the same manner that it is now
 1009  authorized to use the funds otherwise provided by law for the
 1010  its use in construction of roads and bridges.
 1011         Section 14. Section 348.759, Florida Statutes, is amended
 1012  to read:
 1013         348.759 Acquisition of lands and property.—
 1014         (1) For the purposes of this part, the Central Florida
 1015  Orlando-Orange County Expressway Authority may acquire private
 1016  or public property and property rights, including rights of
 1017  access, air, view, and light, by gift, devise, purchase, or
 1018  condemnation by eminent domain proceedings, as the authority
 1019  deems may deem necessary for any of the purposes of this part,
 1020  including, but not limited to, any lands reasonably necessary
 1021  for securing applicable permits, areas necessary for management
 1022  of access, borrow pits, drainage ditches, water retention areas,
 1023  rest areas, replacement access for landowners whose access is
 1024  impaired due to the construction of a facility, and replacement
 1025  rights-of-way for relocated rail and utility facilities; for
 1026  existing, proposed, or anticipated transportation facilities on
 1027  the Central Florida Orlando-Orange County Expressway System or
 1028  in a transportation corridor designated by the authority; or for
 1029  the purposes of screening, relocation, removal, or disposal of
 1030  junkyards and scrap metal processing facilities. The authority
 1031  may shall also have the power to condemn any material and
 1032  property necessary for such purposes.
 1033         (2) The right of eminent domain herein conferred shall be
 1034  exercised by the authority shall exercise the right of eminent
 1035  domain in the manner provided by law.
 1036         (3) When the authority acquires property for a
 1037  transportation facility or in a transportation corridor, it is
 1038  not subject to any liability imposed by chapter 376 or chapter
 1039  403 for preexisting soil or groundwater contamination due solely
 1040  to its ownership. This section does not affect the rights or
 1041  liabilities of any past or future owners of the acquired
 1042  property and nor does not it affect the liability of any
 1043  governmental entity for the results of its actions which create
 1044  or exacerbate a pollution source. The authority and the
 1045  Department of Environmental Protection may enter into
 1046  interagency agreements for the performance, funding, and
 1047  reimbursement of the investigative and remedial acts necessary
 1048  for property acquired by the authority.
 1049         Section 15. Section 348.760, Florida Statutes, is amended
 1050  to read:
 1051         348.760 Cooperation with other units, boards, agencies, and
 1052  individuals.—A Express authority and power is hereby given and
 1053  granted any county, municipality, drainage district, road and
 1054  bridge district, school district or any other political
 1055  subdivision, board, commission, or individual in, or of, the
 1056  state may to make and enter into with the authority, contracts,
 1057  leases, conveyances, partnerships, or other agreements pursuant
 1058  to within the provisions and purposes of this part. The
 1059  authority may is hereby expressly authorized to make and enter
 1060  into contracts, leases, conveyances, partnerships, and other
 1061  agreements with any political subdivision, agency, or
 1062  instrumentality of the state and any and all federal agencies,
 1063  corporations, and individuals, for the purpose of carrying out
 1064  the provisions of this part or with the consent of the Seminole
 1065  County Expressway Authority, for the purpose of carrying out and
 1066  implementing part VIII of this chapter.
 1067         Section 16. Section 348.761, Florida Statutes, is amended
 1068  to read:
 1069         348.761 Covenant of the state.—The state pledges does
 1070  hereby pledge to, and agrees, with any person, firm or
 1071  corporation, or federal or state agency subscribing to, or
 1072  acquiring the bonds to be issued by the authority for the
 1073  purposes of this part that the state will not limit or alter the
 1074  rights that are hereby vested in the authority and the
 1075  department until all issued bonds and interest at any time
 1076  issued, together with the interest thereon, are fully paid and
 1077  discharged insofar as the pledge same affects the rights of the
 1078  holders of bonds issued pursuant to this part hereunder. The
 1079  state does further pledge to, and agree, with the United States
 1080  that in the event any federal agency constructs or contributes
 1081  shall construct or contribute any funds for the completion,
 1082  extension, or improvement of the Central Florida Orlando-Orange
 1083  County Expressway System, or any part or portion of the system
 1084  thereof, the state will not alter or limit the rights and powers
 1085  of the authority and the department in any manner that which
 1086  would be inconsistent with the continued maintenance and
 1087  operation of the Central Florida Orlando-Orange County
 1088  Expressway System or the completion, extension, or improvement
 1089  of the system thereof, or that which would be inconsistent with
 1090  the due performance of any agreements between the authority and
 1091  any such federal agency, and the authority and the department
 1092  shall continue to have and may exercise all powers herein
 1093  granted in this part, so long as the powers are same shall be
 1094  necessary or desirable for the carrying out of the purposes of
 1095  this part and the purposes of the United States in the
 1096  completion, extension, or improvement of the Central Florida
 1097  Orlando-Orange County Expressway System, or any part of the
 1098  system or portion thereof.
 1099         Section 17. Section 348.765, Florida Statutes, is amended
 1100  to read:
 1101         348.765 This part complete and additional authority.—
 1102         (1) The powers conferred by this part are shall be in
 1103  addition and supplemental to the existing powers of the said
 1104  board and the department, and this part may shall not be
 1105  construed as repealing any of the provisions, of any other law,
 1106  general, special, or local, but to supersede such other laws in
 1107  the exercise of the powers provided in this part, and to provide
 1108  a complete method for the exercise of the powers granted in this
 1109  part. The extension and improvement of the Central Florida said
 1110  Orlando-Orange County Expressway System, and the issuance of
 1111  bonds pursuant to this part hereunder to finance all or part of
 1112  the cost of the system thereof, may be accomplished upon
 1113  compliance with the provisions of this part without regard to or
 1114  necessity for compliance with the provisions, limitations, or
 1115  restrictions contained in any other general, special, or local
 1116  law, including, but not limited to, s. 215.821, and no approval
 1117  of any bonds issued under this part by the qualified electors or
 1118  qualified electors who are freeholders in the state or in the
 1119  said County of Orange, or in the said City of Orlando, or in any
 1120  other political subdivision of the state, is shall be required
 1121  for the issuance of such bonds pursuant to this part.
 1122         (2) This part does shall not be deemed to repeal, rescind,
 1123  or modify any other law or laws relating to the said State Board
 1124  of Administration, the said Department of Transportation, or the
 1125  Division of Bond Finance of the State Board of Administration,
 1126  but supersedes any shall be deemed to and shall supersede such
 1127  other law that is or laws as are inconsistent with the
 1128  provisions of this part, including, but not limited to, s.
 1129  215.821.
 1130         Section 18. Section 348.9953, Florida Statutes, is amended
 1131  to read:
 1132         348.9953 Purposes and powers.—The purposes and powers of
 1133  the authority are shall be the same as those identified in the
 1134  Florida Expressway Authority Act, except that such purposes and
 1135  powers may only be exercised with respect to the Poinciana
 1136  Parkway. The Osceola County Expressway Authority may exist only
 1137  until the earlier of December 31, 2016, or the completion of
 1138  construction of the Poinciana Parkway, a limited access facility
 1139  of approximately 9 miles in length in Osceola County with its
 1140  northwestern terminus at the intersection of County Road 54 and
 1141  US 17/US 92 and its southeastern terminus at the current
 1142  intersection of Rhododendron and Cypress Parkway, described in
 1143  the Osceola County Expressway Authority May 8, 2012, Master
 1144  Plan. The authority’s expressway system shall be limited to the
 1145  Poinciana Parkway, as it is described in the Osceola County
 1146  Expressway Authority May 8, 2012, Master Plan, except that the
 1147  authority may construct additions to, or improvements to, the
 1148  Poinciana Parkway, including all necessary approaches, roads,
 1149  bridges, and avenues of access, with such changes,
 1150  modifications, or revisions of the project that are deemed
 1151  desirable and proper. However, the authority may not extend the
 1152  Poinciana Parkway beyond the project limits described in the
 1153  Osceola County Expressway Authority May 8, 2012, Master Plan. In
 1154  implementing this act, the authority shall institute procedures
 1155  to encourage the awarding of contracts for professional services
 1156  and construction to certified minority business enterprises as
 1157  defined in s. 288.703. The authority shall develop and implement
 1158  activities to encourage the participation of certified minority
 1159  business enterprises in the contracting process.
 1160         Section 19. Subsections (6) and (7) of section 369.317,
 1161  Florida Statutes, are amended to read:
 1162         369.317 Wekiva Parkway.—
 1163         (6) The Central Florida Orlando-Orange County Expressway
 1164  Authority is hereby granted the authority to act as a third
 1165  party acquisition agent, pursuant to s. 259.041 on behalf of the
 1166  Board of Trustees or chapter 373 on behalf of the governing
 1167  board of the St. Johns River Water Management District, for the
 1168  acquisition of all necessary lands, property and all interests
 1169  in property identified herein, including fee simple or less
 1170  than-fee simple interests. The lands subject to this authority
 1171  are identified in paragraph 10.a., State of Florida, Office of
 1172  the Governor, Executive Order 03-112 of July 1, 2003, and in
 1173  Recommendation 16 of the Wekiva Basin Area Task Force created by
 1174  Executive Order 2002-259, such lands otherwise known as
 1175  Neighborhood Lakes, a 1,587+/-acre parcel located in Orange and
 1176  Lake Counties within Sections 27, 28, 33, and 34 of Township 19
 1177  South, Range 28 East, and Sections 3, 4, 5, and 9 of Township 20
 1178  South, Range 28 East; Seminole Woods/Swamp, a 5,353+/-acre
 1179  parcel located in Lake County within Section 37, Township 19
 1180  South, Range 28 East; New Garden Coal; a 1,605+/-acre parcel in
 1181  Lake County within Sections 23, 25, 26, 35, and 36, Township 19
 1182  South, Range 28 East; Pine Plantation, a 617+/-acre tract
 1183  consisting of eight individual parcels within the Apopka City
 1184  limits. The Department of Transportation, the Department of
 1185  Environmental Protection, the St. Johns River Water Management
 1186  District, and other land acquisition entities shall participate
 1187  and cooperate in providing information and support to the third
 1188  party acquisition agent. The land acquisition process authorized
 1189  by this paragraph shall begin no later than December 31, 2004.
 1190  Acquisition of the properties identified as Neighborhood Lakes,
 1191  Pine Plantation, and New Garden Coal, or approval as a
 1192  mitigation bank shall be concluded no later than December 31,
 1193  2010. Department of Transportation and Central Florida Orlando
 1194  Orange County Expressway Authority funds expended to purchase an
 1195  interest in those lands identified in this subsection shall be
 1196  eligible as environmental mitigation for road construction
 1197  related impacts in the Wekiva Study Area. If any of the lands
 1198  identified in this subsection are used as environmental
 1199  mitigation for road-construction-related impacts incurred by the
 1200  Department of Transportation or Central Florida Orlando-Orange
 1201  County Expressway Authority, or for other impacts incurred by
 1202  other entities, within the Wekiva Study Area or within the
 1203  Wekiva parkway alignment corridor, and if the mitigation offsets
 1204  these impacts, the St. Johns River Water Management District and
 1205  the Department of Environmental Protection shall consider the
 1206  activity regulated under part IV of chapter 373 to meet the
 1207  cumulative impact requirements of s. 373.414(8)(a).
 1208         (a) Acquisition of the land described in this section is
 1209  required to provide right-of-way for the Wekiva Parkway, a
 1210  limited access roadway linking State Road 429 to Interstate 4,
 1211  an essential component in meeting regional transportation needs
 1212  to provide regional connectivity, improve safety, accommodate
 1213  projected population and economic growth, and satisfy critical
 1214  transportation requirements caused by increased traffic volume
 1215  growth and travel demands.
 1216         (b) Acquisition of the lands described in this section is
 1217  also required to protect the surface water and groundwater
 1218  resources of Lake, Orange, and Seminole counties, otherwise
 1219  known as the Wekiva Study Area, including recharge within the
 1220  springshed that provides for the Wekiva River system. Protection
 1221  of this area is crucial to the long term viability of the Wekiva
 1222  River and springs and the central Florida region’s water supply.
 1223  Acquisition of the lands described in this section is also
 1224  necessary to alleviate pressure from growth and development
 1225  affecting the surface and groundwater resources within the
 1226  recharge area.
 1227         (c) Lands acquired pursuant to this section that are needed
 1228  for transportation facilities for the Wekiva Parkway shall be
 1229  determined not necessary for conservation purposes pursuant to
 1230  ss. 253.034(6) and 373.089(5) and shall be transferred to or
 1231  retained by the Central Florida Orlando-Orange County Expressway
 1232  Authority or the Department of Transportation upon reimbursement
 1233  of the full purchase price and acquisition costs.
 1234         (7) The Department of Transportation, the Department of
 1235  Environmental Protection, the St. Johns River Water Management
 1236  District, Central Florida Orlando-Orange County Expressway
 1237  Authority, and other land acquisition entities shall cooperate
 1238  and establish funding responsibilities and partnerships by
 1239  agreement to the extent funds are available to the various
 1240  entities. Properties acquired with Florida Forever funds shall
 1241  be in accordance with s. 259.041 or chapter 373. The Central
 1242  Florida Orlando-Orange County Expressway Authority shall acquire
 1243  land in accordance with this section of law to the extent funds
 1244  are available from the various funding partners, but shall not
 1245  be required nor assumed to fund the land acquisition beyond the
 1246  agreement and funding provided by the various land acquisition
 1247  entities.
 1248         Section 20. Subsection (1) of section 369.324, Florida
 1249  Statutes, is amended to read:
 1250         369.324 Wekiva River Basin Commission.—
 1251         (1) The Wekiva River Basin Commission is created to monitor
 1252  and ensure the implementation of the recommendations of the
 1253  Wekiva River Basin Coordinating Committee for the Wekiva Study
 1254  Area. The East Central Florida Regional Planning Council shall
 1255  provide staff support to the commission with funding assistance
 1256  from the Department of Economic Opportunity. The commission
 1257  shall be comprised of a total of 18 19 members appointed by the
 1258  Governor, 9 of whom shall be voting members and 9 10 shall be ad
 1259  hoc nonvoting members. The voting members shall include:
 1260         (a) One member of each of the Boards of County
 1261  Commissioners for Lake, Orange, and Seminole Counties.
 1262         (b) One municipal elected official to serve as a
 1263  representative of the municipalities located within the Wekiva
 1264  Study Area of Lake County.
 1265         (c) One municipal elected official to serve as a
 1266  representative of the municipalities located within the Wekiva
 1267  Study Area of Orange County.
 1268         (d) One municipal elected official to serve as a
 1269  representative of the municipalities located within the Wekiva
 1270  Study Area of Seminole County.
 1271         (e) One citizen representing an environmental or
 1272  conservation organization, one citizen representing a local
 1273  property owner, a land developer, or an agricultural entity, and
 1274  one at-large citizen who shall serve as chair of the council.
 1275         (f) The ad hoc nonvoting members shall include one
 1276  representative from each of the following entities:
 1277         1. St. Johns River Management District.
 1278         2. Department of Economic Opportunity.
 1279         3. Department of Environmental Protection.
 1280         4. Department of Health.
 1281         5. Department of Agriculture and Consumer Services.
 1282         6. Fish and Wildlife Conservation Commission.
 1283         7. Department of Transportation.
 1284         8. MetroPlan Orlando.
 1285         9. Central Florida Orlando-Orange County Expressway
 1286  Authority.
 1287         10. Seminole County Expressway Authority.
 1288         Section 21. (1) While the governing body of the authority,
 1289  upon the effective date of this act, has one or more members
 1290  from Osceola County as provided in s. 348.753(3), Florida
 1291  Statutes, and the authority has the purposes and powers
 1292  described in s. 348.754, Florida Statutes, regarding Osceola
 1293  County, the Osceola County Expressway Authority shall continue
 1294  solely for the purpose of planning and construction of the
 1295  Poinciana Parkway as provided and permitted in this subsection.
 1296  Upon the earlier of December 31, 2016, or the completion of
 1297  construction of the Poinciana Parkway, a limited access facility
 1298  of approximately 9 miles in length in Osceola County with its
 1299  northwestern terminus at the intersection of County Road 54 and
 1300  US 17/US 92 and its southeastern terminus at the current
 1301  intersection of Rhododendron and Cypress Parkway, described in
 1302  the Osceola County Expressway Authority May 8, 2012, Master
 1303  Plan, all powers, governance, and control of the Osceola County
 1304  Expressway System, created pursuant to part V, chapter 348,
 1305  Florida Statutes, is transferred to the Central Florida
 1306  Expressway Authority, and the assets, liabilities, facilities,
 1307  tangible and intangible property and any rights in the property,
 1308  and any other legal rights of the Osceola County Expressway
 1309  Authority are transferred to the Central Florida Expressway
 1310  Authority. Part V of chapter 348, Florida Statutes, consisting
 1311  of ss. 348.9950–348.9961, is repealed on the same date that the
 1312  Osceola County Expressway System is transferred to the Central
 1313  Florida Expressway Authority.
 1314         (2) The Central Florida Expressway Authority shall comply
 1315  with any and all obligations of any other governmental entities
 1316  incurred on behalf of the Osceola County Expressway System,
 1317  including any obligations of Osceola County with respect to
 1318  operations and maintenance of the Osceola County Expressway
 1319  System and any loan repayment obligations, including repayment
 1320  obligations with respect to State Infrastructure Bank loans.
 1321  Except with respect to the bonds or other debt obligations
 1322  originally issued by Osceola County or the Osceola County
 1323  Expressway Authority for purposes of financing the planning and
 1324  construction of the Poinciana Parkway as provided and permitted
 1325  in subsection (1), which shall remain solely subject to the
 1326  covenants and agreements of Osceola County to make payments for
 1327  any debt service shortfalls, payment obligations transferred to
 1328  the Central Florida Expressway Authority shall be made from
 1329  revenues available for such purpose after payment of all amounts
 1330  required:
 1331         (a) Otherwise by law;
 1332         (b) By the terms of any resolution authorizing the issuance
 1333  of bonds by the authority, the Orlando-Orange County Expressway
 1334  Authority, or the Osceola County Expressway Authority;
 1335         (c) By the terms of any resolution under which bonds are
 1336  issued by Osceola County for the purpose of constructing
 1337  improvements to the Osceola County Expressway System; and
 1338         (d) By the terms of the memorandum of understanding between
 1339  the Orlando-Orange County Expressway Authority and the
 1340  department as ratified by the board of the Orlando-Orange County
 1341  Expressway Authority on February 22, 2012.
 1342         Section 22. The Division of Law Revision and Information is
 1343  directed to replace the phrase “the effective date of this act”
 1344  wherever it occurs in this act with the date the act becomes a
 1345  law.
 1346         Section 23. This act shall take effect upon becoming a law.