Florida Statutes Part I - County Higher Educational Facilities Authorities Law (Ss. 243.18-243.40)

• 243.18 - Short Title.
  This part may be referred to as the “Higher Educational Facilities Authorities Law.”History.—s. 1, ch. 69-345.
• 243.19 - Findings And Declaration Of Necessity.
  It is declared that for the benefit of the people of the state, the increase of their commerce, welfare, and prosperity, and the improvement of...
• 243.20 - Definitions.
  The following terms, wherever used or referred to in this part shall have the following respective meanings, unless a different meaning clearly appears from the...
• 243.21 - Creation Of Educational Facilities Authorities.
  (1) In each county there is hereby created a public body corporate and politic to be known as the “  County Educational Facilities Authority.” Each of...
• 243.22 - Powers Of Authority.
  The purpose of the authority shall be to assist institutions for higher education in the construction, financing, and refinancing of projects, and for this purpose...
• 243.23 - Payment Of Expenses.
  All expenses incurred in carrying out the provisions of this part shall be payable solely from funds provided under the authority of this part, and...
• 243.24 - Acquisition Of Real Property.
  The authority is authorized and empowered, directly or by and through a participating institution for higher education as its agent, to acquire by purchase solely...
• 243.25 - Conveyance Of Title Or Interest To Participating Institutions.
  When the principal of and interest on revenue bonds of the authority issued to finance the cost of a particular project or projects at a...
• 243.26 - Notes Of Authority.
  The authority is authorized from time to time to issue its negotiable notes for any corporate purpose and renew from time to time any notes...
• 243.27 - Revenue Bonds.
  (1) The authority is authorized from time to time to issue its negotiable revenue bonds for any corporate purpose. In anticipation of the sale of such...
• 243.28 - Security Of Bondholders.
  In the discretion of the authority any revenue bonds issued under the provisions of this part may be secured by a trust agreement by and...
• 243.29 - Payment Of Bonds.
  Revenue bonds issued under the provisions of this part shall not be deemed to constitute a debt or liability of the state or of the...
• 243.30 - Rates, Rents, Fees, And Charges.
  (1) The authority is authorized to fix, revise, charge and collect rates, rents, fees and charges for the use of and for the services furnished or...
• 243.31 - Trust Funds.
  All moneys received pursuant to the authority of this part, whether as proceeds from the sale of bonds or as revenues, shall be deemed to...
• 243.32 - Remedies Of Bondholders.
  Any holder of revenue bonds issued under the provisions of this part or any of the coupons appertaining thereto, and the trustee or trustees under...
• 243.33 - Tax Exemption.
  The exercise of the powers granted by this part will be in all respects for the benefit of the people of this state, for the...
• 243.34 - Refunding Bonds.
  (1) The authority is hereby authorized to provide for the issuance of revenue bonds of the authority for the purpose of refunding any revenue bonds of...
• 243.35 - Legal Investment.
  Bonds issued by the authority under the provisions of this part are hereby made securities in which all public officers and public bodies of the...
• 243.36 - Reports.
  Within the first 90 days of each calendar year, the authority shall make a report to the governing body of the county of its activities...
• 243.37 - State Agreement.
  The state does hereby pledge to and agree with the holders of any obligations issued under this part, and with those parties who may enter...
• 243.38 - Alternate Means.
  The foregoing sections of this part shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby, and...
• 243.39 - Liberal Construction.
  This part, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes hereof.History.—s. 22, ch. 69-345.
• 243.40 - Provisions Of Part Controlling.
  To the extent that the provisions of this part are inconsistent with the provisions of any general statute or special act or parts thereof, the...

Last modified: September 23, 2016