The 2023 Florida Statutes (including Special Session C)

Title XII
MUNICIPALITIES

Chapter 166
MUNICIPALITIES

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F.S. 166.101

166.101 Definitions.—As used in this part, the following words and terms shall have the following meanings unless some other meaning is plainly indicated:

(1) The term “bond” includes bonds, debentures, notes, certificates of indebtedness, mortgage certificates, or other obligations or evidences of indebtedness of any type or character.

(2) The term “general obligation bonds” means bonds which are secured by, or provide for their payment by, the pledge, in addition to those special taxes levied for their discharge and such other sources as may be provided for their payment or pledged as security under the ordinance or resolution authorizing their issuance, of the full faith and credit and taxing power of the municipality and for payment of which recourse may be had against the general fund of the municipality.

(3) The term “ad valorem bonds” means bonds which are payable from the proceeds of ad valorem taxes levied on real and tangible personal property.

(4) The term “revenue bonds” means obligations of the municipality which are payable from revenues derived from sources other than ad valorem taxes on real or tangible personal property and which do not pledge the property, credit, or general tax revenue of the municipality.

(5) The term “improvement bonds” means special obligations of the municipality which are payable solely from the proceeds of the special assessments levied for an assessable project.

(6) The term “refunding bonds” means bonds issued to refinance outstanding bonds of any type and the interest and redemption premium thereon. Refunding bonds shall be issuable and payable in the same manner as the refinanced bonds, except that no approval by the electorate shall be required unless required by the State Constitution.

(7) The term “governing body” means the council, commission, or other board or body in which the general legislative powers of the municipality shall be vested.

(8) The term “project” means a governmental undertaking approved by the governing body and includes all property rights, easements, and franchises relating thereto and deemed necessary or convenient for the construction, acquisition or operation thereof, and embraces any capital expenditure which the governing body of the municipality shall deem to be made for a public purpose including the refunding of any bonded indebtedness which may be outstanding on any existing project which is to be improved by means of a new project.

History.—s. 1, ch. 73-129.

F.S. 166.101 on Google Scholar

F.S. 166.101 on Casetext

Amendments to 166.101

Arrestable Offenses / Crimes under Fla. Stat. 166.101

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 166.101.

Annotations, Discussions, Cases:

Cases from cite.case.law:

SERVICE INSURANCE COMPANY, v. CHILES,, 660 So. 2d 734 (Fla. Dist. Ct. App. 1995)

. . . (6)(b), which authorizes counties and municipalities to “issue bonds as defined in s. 125.013 or s. 166.101 . . . (b) The governing body of any county or municipality may issue bonds as defined in s. 125.013 or s. 166.101 . . .

STATE v. CITY OF ORLANDO,, 576 So. 2d 1315 (Fla. 1991)

. . . . §§ 166.101(8), 166.111, 166.261, Fla.Stat. (1989); State v. . . .

STATE v. CITY OF PANAMA CITY BEACH,, 529 So. 2d 250 (Fla. 1988)

. . . . §§ 166.101-166.141, Fla.Stat. (1985). . . . Now, municipalities may “issue bonds as defined in s. 166.101 ... to finance the undertaking of any capital . . . property and which do not pledge the property, credit, or general tax revenue of the municipality.” § 166.101 . . . valorem taxes and do not pledge “the property, credit or general tax revenue of the municipality.” § 166.101 . . .

STATE v. BROWARD COUNTY, a, 468 So. 2d 965 (Fla. 1985)

. . . As a charter county, the county has the power to issue municipal revenue bonds as defined in section 166.101 . . . Simply stated, these bonds are outside those authorized by section 166.101. . . . governing body of every municipality may borrow money, contract loans, and issue bonds as defined in s. 166.101 . . .

STATE v. CITY OF DAYTONA BEACH,, 360 So. 2d 777 (Fla. 1978)

. . . 132.11 and 159.13; that the proposed issue does not constitute a “project” within the meaning of Section 166.101 . . . governing body of every municipality may borrow money, contract loans, and issue bonds as defined in s. 166.101 . . . Refunding bonds are defined in Section 166.101 as follows: Definitions. — As used in this part, the following . . . The question of whether these refunding bonds constitute a “project” within the definition of Section 166.101 . . . The City responds, and we agree, that Section 166.101(6) means that refunding bonds which are issued . . .

STATE v. CITY OF SUNRISE, a, 354 So. 2d 1206 (Fla. 1978)

. . . governing body of every municipality may borrow money, contract loans, and issue bonds as defined in 166.101 . . . The types of bonds which may be issued are defined as follows: 166.101 Definitions. — As used in this . . .

HOFFMANN- LA ROCHE, INC. v. G. KLEINDIENST, E., 464 F.2d 1068 (3d Cir. 1972)

. . . . § 166.101(b) (3), states as follows : “The Chairman shall certify to the Commissioner the report and . . .