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11/21/1984
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11/21/1984
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7/23/2015 11:50:26 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
11/21/1984
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NOV 21 1984 BOOU FH 914 <br />THE COST THEREOF, PAYABLE FROM SPECIAL <br />ASSESSMENTS LEVIED AGAINST PROPERTY SPECIALLY <br />BENEFITED BY SUCH IMPROVEMENTS, AND, AT THE <br />OPTION OF THE COUNTY, FROM OTHER LEGALLY <br />AVAILABLE NON AD VALOREM FUNDS; AND PRO- <br />VIDING AN EFFECTIVE DATE." <br />(hereinafter called "Ordinance"). <br />B. It is necessary and desirable to amend the Ordinance <br />by authorizing the use of the procedures with respect to the levy <br />and collection of special assessments, for the levy and collec- <br />tion of impact fees for the purposes expressed in the Ordinance; <br />and by authorizing the issuance of revenue bonds secured wholly <br />or in part by such impact fees. <br />SECTION 3. AMENDMENTS TO ORDINANCE. The Ordinance is <br />hereby amended in the following manner. <br />A. Section 3 of the Ordinance is hereby amended to read <br />as follows: <br />"SECTION 3. SECURITY FOR BONDS. <br />The principal of, <br />interest on and redemption premiums, if any, for the Bonds shall <br />be payable from the proceeds of the special assessments and/or <br />impact fees, as applicable, to be levied against the property <br />specially benefited by the acquisition and/or construction of the <br />Improvements, and, at the option of the Board, may be addi- <br />tionally payable from any other funds derived by the County from <br />sources other than ad valorem taxation and legally available for <br />such purpose. The provisions of this section, however, shall not <br />be construed so as to impair or authorize the impairment of the <br />security of the holders of any obligations previously issued by <br />the County which are payable from such non ad valorem funds." <br />B. Section 4 of the Ordinance is hereby amended to read <br />as follows: <br />"SECTION 4. INCORPORATION OF CERTAIN PROVISIONS OF <br />CHAPTER 170. The provisions of Chapter 170, Florida Statutes <br />(1981), as amended (hereinafter collectively called 'Chapter <br />1701), to the extent not inconsistent with the provisions of this <br />ordinance, are hereby incorporated herein by reference and made <br />38 <br />
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