§ 342.04, Fla. Stat. · Chapter 342. WATERWAY AND WATERFRONT IMPROVEMENT
Time warrants.
Text — 2026 Florida Statutes
Any county or incorporated city or town in the state desiring to carry on all or any part of the work mentioned in s. 342.03 may issue and sell time warrants not to exceed in amount the sum of $15,000 for any county or the sum of $5,000 for any incorporated city or town, except that time warrants shall not exceed 50 percent of the estimated revenue to be derived from the tax to be levied by virtue of s. 342.03. Such time warrants shall not be sold for less than their par value and shall not draw a rate of interest in excess of 6 percent per year. When such time warrants shall come within the purview of s. 12, Art. VII of the State Constitution, the said time warrants shall be issued only after the same shall have been approved by the majority of the votes cast in an election in which a majority of the owners of freeholds not wholly exempt from taxation who are qualified electors residing in such county or city or town shall participate, which said election shall be called and held, and the result thereof declared and recorded, in the manner prescribed by ss. 100.201-100.221, 100.241, 100.261-100.341, 100.351, and said election shall be subject to all the provisions of said chapter.
Notes and commentary — not statutory text
History
s. 2, ch. 14651, 1931; CGL 1936 Supp. 2011(5); s. 24, ch. 57-1; s. 15, ch. 69-216; s. 64, ch. 77-175.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0300-0399/0342/0342.html
- Text hash
- sha256 8847ecd9c3d83cc6cb3623311208dc61c46498e630f1718ab7edb009498ae7c5
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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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.
The Florida Statutes
- § 100.201, Fla. Stat.Referendum required before issuing bonds.Printed as ss. 100.201-100.221, 100.241, 100.261-100.341, 100.351
- § 100.221, Fla. Stat.General election laws to govern bond referenda.Printed as ss. 100.201-100.221, 100.241, 100.261-100.341, 100.351
- § 100.241, Fla. Stat.Freeholder voting; election; penalties for ineligible persons who vote as freeholders.Printed as ss. 100.201-100.221, 100.241, 100.261-100.341, 100.351
- § 100.261, Fla. Stat.Holding bond referenda with other elections.Printed as ss. 100.201-100.221, 100.241, 100.261-100.341, 100.351
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.