Florida Statute 125.31 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XI
COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS

Chapter 125
COUNTY GOVERNMENT

View Entire Chapter

F.S. 125.031

125.031 Lease or lease-purchases of property for public purposes.—Counties may enter into leases or lease-purchase arrangements relating to properties needed for public purposes for periods not to exceed 30 years at a stipulated rental to be paid from current or other legally available funds and may make all other contracts or agreements necessary or convenient to carry out such objective. The county shall have the right to enter into such leases or lease-purchase arrangements with private individuals, other governmental agencies, or corporations. When the term of such lease is for longer than 60 months, the rental shall be payable only from funds arising from sources other than ad valorem taxation. Such leases or lease-purchase arrangements shall be subject to approval by the board of county commissioners, and no such lease or lease-purchase contract shall be entered into without said approval. Notwithstanding any provision of law to the contrary, a lease entered into by a county, as defined in s. 125.011(1), with the state or another governmental entity or authorized under the provisions of s. 125.01 is not subject to the 30-year lease term limitation of this section.

History.—s. 1, ch. 71-240; s. 1, ch. 89-103; s. 1, ch. 2008-48.

F.S. 125.031 on Google Scholar

F.S. 125.031 on CourtListener

Amendments to 125.031

Annotations, Discussions, Cases:

Cases Citing Statute 125.031

Total Results: 12

Alachua County v. Powers

351 So. 2d 32

Supreme Court of Florida | Filed: Oct 6, 1977 | Docket: 1671663

Cited 47 times | Published

place of surplus funds ... pursuant to Florida Statute 125.31... ." In its brief the board stipulates

Frankenmuth Mut. Ins. Co. v. Magaha

769 So. 2d 1012, 2000 WL 1354234

Supreme Court of Florida | Filed: Sep 21, 2000 | Docket: 2517713

Cited 28 times | Published

questions to this Court: (1) UNDER FLA. STAT. § 125.031, WHICH REQUIRES APPROVAL OF THE BOARD OF COUNTY

Maloy v. Seminole Cnty.

264 So. 3d 370

District Court of Appeal of Florida | Filed: Feb 15, 2019 | Docket: 64704611

Cited 1 times | Published

of the board of county commissioners under section 125.31 : [T]here appears to be no conflict with the

Maloy v. Seminole Cnty.

264 So. 3d 370

District Court of Appeal of Florida | Filed: Feb 15, 2019 | Docket: 64704612

Published

of the board of county commissioners under section 125.31 : [T]here appears to be no conflict with the

Ago

Florida Attorney General Reports | Filed: Jul 20, 2006 | Docket: 3256783

Published

board of county commissioners pursuant to section 125.031, Florida Statutes. The statute provided then

Ago

Florida Attorney General Reports | Filed: Nov 22, 1994 | Docket: 3257748

Published

parallel those set forth in section 218.345. Section 125.31(1), Florida Statutes, authorizes counties,

Ago

Florida Attorney General Reports | Filed: Nov 17, 1994 | Docket: 3257764

Published

they may be invested as authorized by statute. Section 125.31(1), Florida Statutes, requires that: Unless

Ago

Florida Attorney General Reports | Filed: Mar 25, 1980 | Docket: 3257109

Published

rate is specified in the agreement? SUMMARY: Section 125.031, F. S., does not of itself authorize the payment

Ago

Florida Attorney General Reports | Filed: Feb 5, 1979 | Docket: 3257507

Published

available at the highest and best rate available.' Section 125.31, F. S., in pertinent part provides: (1)

Ago

Florida Attorney General Reports | Filed: Jun 29, 1977 | Docket: 3258465

Published

securities by the boards that prompts your inquiry. Section 125.31(1), as noted, authorizes the board to invest

Ago

Florida Attorney General Reports | Filed: Feb 9, 1977 | Docket: 3257796

Published

be exercised for a lawful county purpose. Section 125.031, F. S., provides for counties to enter into

Ago

Florida Attorney General Reports | Filed: Aug 28, 1975 | Docket: 3255352

Published

Laws of Florida, as amended by Ch. 73-83, id. (Section 125.31, F.S.) This act provides that, for investment