The Florida Senate

331.310  Powers and duties of the board of supervisors.--Except as otherwise provided in this act, all of the powers and duties of the authority shall be exercised by and through the board of supervisors, including the power and duty to:

(1)  Adopt bylaws, rules, resolutions, and orders prescribing the powers, duties, and functions of the officers of the authority, the conduct of the business of the authority, the maintenance of records, and the form of all documents and records of the authority. The board may adopt administrative rules and regulations with respect to any of the projects of the authority, with notice and public hearing.

(2)  Maintain an executive office and authority offices in close proximity to Kennedy Space Center.

(3)  Enter, and authorize any agent or employee of the authority to enter, upon any lands, waters, and premises, upon giving reasonable notice and due process to the land owner, for the purposes of making surveys, soundings, drillings, appraisals, and examinations necessary to perform its duties and functions. Any such entry shall not be deemed a trespass or an entry that would constitute a taking in an eminent domain proceeding. The authority shall make reimbursement for any actual damages to such lands, waters, and premises as a result of such activity.

(4)  Execute all contracts and other documents, adopt all proceedings, and perform all acts determined by the board to be necessary or desirable to carry out the purposes of this act. The board may authorize one or more members of the board to execute contracts and other documents on behalf of the board or the authority.

(5)  Establish and create such departments, committees, or other agencies as from time to time the board may deem necessary or desirable in the performance of any acts or other things necessary to the exercise of the powers provided in this act, and delegate to such departments, boards, or other agencies such administrative duties and other powers as the board may deem necessary or desirable.

(6)  Appoint a person to act as executive director of the authority, having such official title, functions, duties, powers, and salary as the board may prescribe.

(7)  Examine, and authorize any officer or agent of the authority to examine, the county tax rolls with respect to the assessed valuation of the real and personal property within any spaceport territory.

(8)  Engage in the planning and implementation of space-related economic and educational development within the state.

(9)  Execute intergovernmental agreements and development agreements consistent with prevailing statutory provisions, including, but not limited to, special benefits or tax increment financing initiatives.

(10)  Establish reserve funds for future board operations.

(11)  Adopt rules pursuant to chapter 120 to carry out the purposes of this act.

(12)  Abide by all applicable federal labor laws in the construction and day-to-day operations of the authority and any spaceport. Further, the board shall establish, by rule and regulation, pursuant to chapter 120, policies and procedures for the construction and operation of the authority and any spaceport. Said policies and procedures shall be such that when the authority expends federal funds for construction or operation of any spaceport project, the authority will be subject to the federal labor laws observed at the Kennedy Space Center and Cape Canaveral Air Force Station, Florida, applicable as a result of such federal expenditures.

(13)  Prepare an annual report of operations. Said report shall include, but not be limited to, a balance sheet, an income statement, a statement of changes in financial position, a reconciliation of changes in equity accounts, a summary of significant accounting principles, the auditor's report, a summary of the status of existing and proposed bonding projects, comments from management about the year's business, and prospects for the next year, which shall be submitted each year by November 30 to the Governor, the President of the Senate, the Speaker of the House of Representatives, the minority leader of the Senate, and the minority leader of the House of Representatives.

(14)  Change the name of the authority.

History.--ss. 10, 61, ch. 89-300; ss. 7, 8, ch. 90-192; s. 4, ch. 90-361.