Florida Senate - 2024                            (NP)    SB 1650
       
       
        
       By Senator Stewart
       
       
       
       
       
       17-01516-24                                           20241650__
    1                        A bill to be entitled                      
    2         An act relating to the Central Florida Tourism
    3         Oversight District, Orange and Osceola Counties;
    4         repealing chapter 2023-5, Laws of Florida, which
    5         established the Central Florida Tourism Oversight
    6         District; reviving, reenacting, and readopting chapter
    7         67-764, Laws of Florida, and the decree in chancery
    8         No. 66-1061 entered by the Circuit Court in and for
    9         the Ninth Judicial Circuit of the State of Florida on
   10         May 13, 1966, relating to the Reedy Creek Improvement
   11         District; reconstituting the Reedy Creek Improvement
   12         District as it existed as of February 26, 2023;
   13         terminating the terms of office of the Board of
   14         Supervisors of the Central Florida Tourism Oversight
   15         District; providing transitional provisions; providing
   16         for construction; providing an effective date.
   17          
   18  Be It Enacted by the Legislature of the State of Florida:
   19  
   20         Section 1. Chapter 2023-5, Laws of Florida, is repealed.
   21         Section 2. Notwithstanding chapter 2023-5, Laws of Florida,
   22  chapter 67-764, Laws of Florida, and the decree in chancery No.
   23  66-1061 entered by the Circuit Court in and for the Ninth
   24  Judicial Circuit of the State of Florida on May 13, 1966,
   25  creating and incorporating the Reedy Creek Drainage District as
   26  a public corporation of the State of Florida, are revived,
   27  reenacted, and readopted. The terms of the charter for the Reedy
   28  Creek Improvement District shall be as it existed on February
   29  26, 2023.
   30         Section 3. The offices and terms of all members of the
   31  Board of Supervisors of the Central Florida Tourism Oversight
   32  District existing as of the effective date of this act shall end
   33  as of the effective date of this act, but such members may
   34  continue to serve until a successor in office is appointed and
   35  qualified. Until successors are appointed and qualified to
   36  replace all of the members of the board of supervisors existing
   37  as of the effective date of this act, board members, officers,
   38  and employees of the district may not sell, dispose of,
   39  encumber, transfer, or expend the assets of the district as such
   40  assets existed on the effective date of this act, other than in
   41  the ordinary course of business.
   42         Section 4. This act may not be construed to affect or
   43  otherwise impair any existing contract that the Central Florida
   44  Tourism Oversight District entered into, or any bond or other
   45  instrument of indebtedness issued by the district, from February
   46  27, 2023, through the effective date of this act.
   47         Section 5. This act shall take effect upon becoming a law.