Florida Senate - 2021                                     SB 376
       
       
        
       By Senator Gibson
       
       
       
       
       
       6-00696-21                                             2021376__
    1                        A bill to be entitled                      
    2         An act relating to Jacksonville Transportation
    3         Authority leases; amending s. 349.04, F.S.; removing a
    4         limitation on the term of a lease into which the
    5         authority may enter; providing an effective date.
    6          
    7  Be It Enacted by the Legislature of the State of Florida:
    8  
    9         Section 1. Paragraph (d) of subsection (2) of section
   10  349.04, Florida Statutes, is amended to read:
   11         349.04 Purposes and powers.—
   12         (2) The authority is hereby granted, and shall have and may
   13  exercise all powers necessary, appurtenant, convenient, or
   14  incidental to the carrying out of the aforesaid purposes,
   15  including, but without being limited to, the right and power:
   16         (d) To enter into and make leases for terms not exceeding
   17  40 years, as either lessee or lessor, in order to carry out the
   18  right to lease as set forth in this chapter.
   19         Section 2. This act shall take effect July 1, 2021.