348.760 – Cooperation with other units, boards, agencies, and individuals.
348.760 Cooperation with other units, boards, agencies, and individuals.—A county, municipality, drainage district, road and bridge district, school district or any other political subdivision, board, commission, or individual in, or of, the state may make and enter into with the authority, contracts, leases, conveyances, partnerships, or other agreements pursuant to this part. The authority may make […]
348.7605 – Public-private partnership.
348.7605 Public-private partnership.—The Legislature declares that there is a public need for the rapid construction of safe and efficient transportation facilities for traveling within the state and that it is in the public’s interest to provide for public-private partnership agreements to effectuate the construction of additional safe, convenient, and economical transportation facilities. (1) Notwithstanding any other provision […]
348.751 – Short title.
348.751 Short title.—This part may be cited as the “Central Florida Expressway Authority Law.” History.—s. 1, ch. 63-573; s. 1, ch. 2014-171. Note.—Former s. 348.0100.
348.761 – Covenant of the state.
348.761 Covenant of the state.—The state pledges to, and agrees, with any person, firm or corporation, or federal or state agency subscribing to, or acquiring the bonds to be issued by the authority for the purposes of this part that the state will not limit or alter the rights that are vested in the authority and […]
348.752 – Definitions.
348.752 Definitions.—As used in this part: (1) The term “agency of the state” means the state and any department of, or corporation, agency, or instrumentality created, designated, or established by, the state. (2) The term “authority” means the body politic and corporate, and agency of the state created by this part. (3) The term “bonds” means the notes, bonds, […]
348.762 – Exemption from taxation.
348.762 Exemption from taxation.—The effectuation of the authorized purposes of the authority created under this part is, shall and will be, in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and since such authority will […]
348.753 – Central Florida Expressway Authority.
348.753 Central Florida Expressway Authority.— (1) There is created and established a body politic and corporate, an agency of the state, to be known as the Central Florida Expressway Authority. (2)(a) Immediately on June 20, 2014, the Central Florida Expressway Authority shall assume the governance and control of the Orlando-Orange County Expressway Authority System, including its assets, personnel, […]
348.763 – Eligibility for investments and security.
348.763 Eligibility for investments and security.—Any bonds or other obligations issued pursuant to this part shall be and constitute legal investments for banks, savings banks, trustees, executors, administrators, and all other fiduciaries, and for all state, municipal and other public funds and shall also be and constitute securities eligible for deposit as security for all state, […]
348.754 – Purposes and powers.
348.754 Purposes and powers.— (1)(a) The authority created and established under this part is granted and has the right to acquire, hold, construct, improve, maintain, operate, own, and lease in the capacity of lessor the Central Florida Expressway System, hereinafter referred to as “system.” Except as otherwise specifically provided by law, including paragraph (2)(n), the area served […]
348.764 – Pledges enforceable by bondholders.
348.764 Pledges enforceable by bondholders.—It is the express intention of this part that any pledge by the department of rates, fees, revenues, Orange County gasoline tax funds or other funds, as rentals, to the authority, or any covenants or agreements relative thereto may be enforceable in any court of competent jurisdiction against the authority or directly […]