338.222 – Department of Transportation Sole Governmental Entity to Acquire, Construct, or Operate Turnpike Projects; Exception.
338.222 Department of Transportation sole governmental entity to acquire, construct, or operate turnpike projects; exception.— (1) No governmental entity other than the department may acquire, construct, maintain, or operate the turnpike system subsequent to the enactment of this law, except upon specific authorization of the Legislature. (2) The department may, but is not required to, contract with any […]
338.2511 – Deposit and Use of Funds in Toll Facilities Revolving Trust Fund.
338.2511 Deposit and use of funds in Toll Facilities Revolving Trust Fund.—The funds in the Toll Facilities Revolving Trust Fund and all future payments of obligated funds shall be deposited into the State Transportation Trust Fund to be expended for the purposes specified in s. 339.08. History.—s. 41, ch. 2012-128.
338.223 – Proposed Turnpike Projects.
338.223 Proposed turnpike projects.— (1)(a) Any proposed project to be constructed or acquired as part of the turnpike system and any turnpike improvement shall be included in the tentative work program. A proposed project or group of proposed projects may not be added to the turnpike system unless such project or projects are determined to be economically […]
338.26 – Alligator Alley Toll Road.
338.26 Alligator Alley toll road.— (1) The Legislature finds that the construction of Alligator Alley, designated as State Highway 84 and federal Interstate Highway 75, has provided a convenient and necessary connection of the east and west coasts of Florida for commerce and other purposes. However, this state highway has contributed to the alteration of water flows […]
338.225 – Taking of Public Road for Feeder Road.
338.225 Taking of public road for feeder road.—Before taking over any existing public road for maintenance and operation as a feeder road, the department shall obtain the consent of the governmental entity then exercising jurisdiction over the road, which governmental entity is authorized to give such consent by resolution. Each feeder road or portion of a […]
338.227 – Turnpike Revenue Bonds.
338.227 Turnpike revenue bonds.— (1) The department is authorized to borrow money as provided by the State Bond Act for the purpose of paying all or any part of the cost of any one or more legislatively approved turnpike projects. The principal of, and the interest on, such bonds will be payable solely from revenues pledged for […]
338.2275 – Approved Turnpike Projects.
338.2275 Approved turnpike projects.— (1) Legislative approval of the department’s tentative work program that contains the turnpike project constitutes approval to issue bonds as required by s. 11(f), Art. VII of the State Constitution. No more than $10 billion of bonds may be outstanding to fund approved turnpike projects. (2) The department may use turnpike revenues, the State […]
338.2276 – Western Beltway Turnpike Project; Financing.
338.2276 Western Beltway turnpike project; financing.—Upon a determination of economic feasibility, as defined in s. 338.221(8), for part C of the Western Beltway turnpike project, which part extends from Florida’s Turnpike near Ocoee in Orange County southerly through Orange County and Osceola County to an interchange with I-4 near the Osceola/Polk County line, the Department of […]
338.228 – Bonds Not Debts or Pledges of Credit of State.
338.228 Bonds not debts or pledges of credit of state.—Turnpike revenue bonds issued under the provisions of ss. 338.22-338.241 are not debts of the state or pledges of the faith and credit of the state. Such bonds are payable exclusively from revenues pledged for their payment. All such bonds shall contain a statement on their face […]
338.229 – Pledge to Bondholders Not to Restrict Certain Rights of Department.
338.229 Pledge to bondholders not to restrict certain rights of department.—The state does pledge to, and agree with, the holders of the bonds issued pursuant to ss. 338.22-338.241 that the state will not limit or restrict the rights vested in the department to construct, reconstruct, maintain, and operate any turnpike project as defined in ss. 338.22-338.241 […]