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Home » US Law » 2022 Florida Statutes » Title XXII - Ports and Harbors » Chapter 315 - Port Facilities Financing

315.01 – Short Title.

315.01 Short title.—This law shall be known and may be cited as the “1959 Port Facilities Financing Law.” History.—s. 1, ch. 59-411.

315.02 – Definitions.

315.02 Definitions.—As used in this law, the following words and terms shall have the following meanings: (1) The term “port district” or the word “district” shall mean any district created by or pursuant to the provisions of any general or special law and authorized to own or operate any port facilities. (2) The term “port authority” or the […]

315.03 – Grant of Powers.

315.03 Grant of powers.—Each unit is hereby authorized and empowered: (1) To acquire, construct, lease, operate and maintain any port facilities either within or without or partly within and partly without the corporate limits of the unit, or within or partly within the corporate limits of any other unit on property owned or acquired by it; provided, […]

315.031 – Promoting and Advertising Port Facilities.

315.031 Promoting and advertising port facilities.— (1) Each unit is authorized and empowered: (a) To publicize, advertise and promote the activities and port facilities herein authorized; (b) To make known the advantages, facilities, resources, products, attractions and attributes of the activities and port facilities herein authorized; (c) To create a favorable climate of opinion concerning the activities and port facilities […]

315.04 – Other Consents or Approvals; Use of State Lands.

315.04 Other consents or approvals; use of state lands.—Except as hereinafter provided in this section, and except as provided in s. 315.03(1), the approval or consent of any other political subdivision or public body, agency or instrumentality of the State of Florida, except the Board of Trustees of the Internal Improvement Trust Fund, shall not be […]

315.05 – Port Facilities Bonds.

315.05 Port facilities bonds.— (1) The governing body is authorized to provide by resolution, at one time or from time to time, for the issuance of bonds of a unit for the purpose of paying all or a part of the cost of any one or more port facilities. The bonds of each issue or series shall […]

315.06 – Sources of Payment and Security for Bonds.

315.06 Sources of payment and security for bonds.— (1) The governing body may provide that bonds issued under the provisions of this law shall be payable from and secured by a pledge of any one or more of the following sources: (a) Revenues of any one or more port facilities now owned or hereafter acquired or constructed by […]

315.07 – Contracts for Borrowing of Money.

315.07 Contracts for borrowing of money.—The governing body may contract with any person, firm, corporation or public body or with the United States or any agency or instrumentality thereof for the borrowing of money for paying all or any part of the cost of any one or more port facilities, and any such contract may contain […]

315.08 – Trust Agreement or Resolution.

315.08 Trust agreement or resolution.—In the discretion of the governing body, any bonds issued under the provisions of this law may be secured by a trust agreement by and between the unit and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without the state. […]

315.09 – Remedies.

315.09 Remedies.—Any holder of bonds issued under the provisions of this law or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by such trust agreement or the resolution authorizing the issuance of such bonds, may, either at law or in […]

315.10 – Refunding Bonds.

315.10 Refunding bonds.—The governing body is hereby authorized to provide by resolution for the issuance of refunding bonds of the unit for the purpose of refunding any bonds then outstanding which shall have been issued under the provisions of this law or which shall have been issued to provide funds for the payment of the cost […]

315.11 – Exemption From Taxation.

315.11 Exemption from taxation.—As adequate port facilities are essential for the welfare of the inhabitants and the industrial and commercial development of the area within or served by the unit, and as the exercise of the powers conferred by this law to effect such purposes constitutes the performance of proper public and governmental functions, and as […]

315.12 – Bonds, Legal Investments.

315.12 Bonds, legal investments.—Bonds issued by a unit under the provisions of this law are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital […]

315.13 – Action by Resolution.

315.13 Action by resolution.—All action required or authorized to be taken under the provisions of this law by the governing body may be by resolution, which resolution may be adopted at the meeting of the governing body at which such resolution is introduced and shall take effect immediately upon such adoption. Except as otherwise provided in […]

315.15 – Additional and Alternative Method.

315.15 Additional and alternative method.—This law shall be deemed to provide an additional and alternative method for the doing of the things authorized hereby and shall be regarded as supplemental and additional to the powers conferred by any other law, either general, special or local, and shall not be regarded as in derogation of any power […]

315.16 – Liberal Construction.

315.16 Liberal construction.—This law, being necessary for the welfare of the inhabitants of the state, shall be liberally construed to effect the purposes thereof. History.—s. 16, ch. 59-411.

315.18 – Confidentiality of Certain Records Held by Deepwater Ports.

315.18 Confidentiality of certain records held by deepwater ports.—Any proposal or counterproposal exchanged between a deepwater port listed in s. 311.09(1) and any nongovernmental entity, relating to the sale, use, or lease of land or of port facilities, and any financial records submitted by any nongovernmental entity to such a deepwater port for the purpose of […]