§ 159.44, Fla. Stat. · Part III. INDUSTRIAL DEVELOPMENT AUTHORITIES
Definitions; industrial development authorities.
Text — 2026 Florida Statutes
The following words and terms, unless the context clearly indicates a different meaning, shall have the following meaning:
(1) “Bonds” or “revenue bonds” means the bonds authorized to be issued by any authority under this act, which may consist of a single bond. The term “bonds” or “revenue bonds” shall also include a single bond, a promissory note or notes, or other debt obligations evidencing an obligation to repay borrowed money.
(2) “Project” means any project as defined in the Florida Industrial Development Financing Act.
(3) “Authority,” “authorities,” or “industrial development authority” means any of the public corporations created pursuant to ss. 159.44-159.53.
(4) “Commission” means the board of county commissioners or other body charged with governing the county.
(5) “Cost” as applied to a project shall embrace the cost of construction; land or rights in land; other property, both real and personal; machinery and equipment; financing charges, including interest; and all other costs necessary for placing the project in operation as defined in the Florida Industrial Development Financing Act. “Cost” shall also include the cost of financial consultants, accountants, legal services, engineering and architectural services, feasibility studies; and services by other consultants and such experts as may be selected by the lessee of any such project if the cost thereof shall be paid by the lessee or be included as a cost of the project and reimbursed from proceeds of any bonds issued to finance the cost of such project.
(6) “Florida Industrial Development Financing Act” means ss. 159.25-159.43 and any amendments thereto, and the definitions contained therein shall also be applicable to ss. 159.44-159.53 and to any bonds issued pursuant thereto.
Notes and commentary — not statutory text
History
s. 3, ch. 70-229; s. 12, ch. 80-287.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0100-0199/0159/0159.html
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 8 provisions
Provisions in this library whose text cites § 159.44, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 159.45, Fla. Stat.Creation of industrial development authorities.Printed as ss. 159.44-159.53
- § 159.46, Fla. Stat.Purposes.Printed as ss. 159.44-159.53
- § 159.47, Fla. Stat.Powers of the authority.Printed as ss. 159.44-159.53
- § 159.48, Fla. Stat.Levy of ad valorem taxes by board of county commissioners.Printed as ss. 159.44-159.53
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.