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Florida Statute 125.031 | Lawyer Caselaw & Research

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The 2024 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 Casetext

Amendments to 125.031

Arrestable Offenses / Crimes under Fla. Stat. 125.031

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 125.031.

Annotations, Discussions, Cases:

Cases Citing Statute 125.031

Total Results: 20

Maloy v. Seminole Cnty.

Court: Fla. Dist. Ct. App. | Date Filed: 2019-02-15T00:00:00-08:00

Citation: 264 So. 3d 370

Snippet: Legislature repealed section 125.31. However, the language of *374section 125.31(1) was substantially incorporated… and Statutory Notes for section 125.31 reads "Repealed § 125.31, which related to the investment…." That authority, codified in *373section 125.31(1), Florida Statutes, provided that "[u]nless…interpret the interplay between sections 28.33 and 125.31(1) to determine whether the board of county commissioners…the board of county commissioners under section 125.31 : [T]here appears to be no conflict with the holding

Maloy v. Seminole Cnty.

Court: Fla. Dist. Ct. App. | Date Filed: 2019-02-15T00:00:00-08:00

Citation: 264 So. 3d 370

Snippet: Legislature repealed section 125.31. However, the language of *374section 125.31(1) was substantially incorporated… and Statutory Notes for section 125.31 reads "Repealed § 125.31, which related to the investment…." That authority, codified in *373section 125.31(1), Florida Statutes, provided that "[u]nless…interpret the interplay between sections 28.33 and 125.31(1) to determine whether the board of county commissioners…the board of county commissioners under section 125.31 : [T]here appears to be no conflict with the holding

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Court: Fla. Att'y Gen. | Date Filed: 2006-07-20T00:53:00-07:00

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

American Home Assur. v. NAT. RR CORP.

Court: Fla. | Date Filed: 2005-07-07T00:00:00-07:00

Citation: 908 So. 2d 459

Snippet: facilities, dredging, utility agreements, etc.), 125.031 (granting counties the power to enter into leases

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Court: Fla. Att'y Gen. | Date Filed: 2002-06-18T00:53:00-07:00

Snippet: 241 (1975) (county commissioners authorized by s. 125.31, Fla. Stat., to invest surplus public funds and

Frankenmuth Mut. Ins. Co. v. Magaha

Court: Fla. | Date Filed: 2000-09-21T00:53:00-07:00

Citation: 769 So. 2d 1012

Snippet: the Board within the meaning of section 125.031? Section 125.031 does not define the term "approval…questions to this Court: (1) UNDER FLA. STAT. § 125.031, WHICH REQUIRES APPROVAL OF THE BOARD OF COUNTY…approve a lease-purchase agreement under section 125.031, Florida Statutes (1999), even absent formal resolution… prior to its execution as required by section 125.031, Florida Statutes (1993), the Commission had subsequently…lease-purchase agreement in possible violation of section 125.031.[4]See Frankenmuth, 10 Fla. L. Weekly Fed. at D341

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Court: Fla. Att'y Gen. | Date Filed: 2000-06-22T00:53:00-07:00

Snippet: boards of county commissioners are authorized by s. 125.31, Fla. Stat., to invest surplus public funds and

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Court: Fla. Att'y Gen. | Date Filed: 2000-05-24T00:53:00-07:00

Snippet: boards of county commissioners are authorized by s. 125.31, Fla. Stat., to invest surplus public funds and

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Court: Fla. Att'y Gen. | Date Filed: 1994-11-21T23:53:00-08:00

Snippet: parallel those set forth in section 218.345. Section 125.31(1), Florida Statutes, authorizes counties, in the…the investment of surplus county funds, section 125.31(1), Florida Statutes, would apply equally to a …county and a non-charter county. However, section 125.31(1)(e), Florida Statutes, does authorize counties…particular investments as set forth in sections 125.31(1)(a)-(d), and (f), and 218.345, Florida Statutes…provision or ordinance that would control over s. 125.31, Fla. Stat. Florida Attorney General

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Court: Fla. Att'y Gen. | Date Filed: 1994-11-16T23:53:00-08:00

Snippet: may be invested as authorized by statute. Section 125.31(1), Florida Statutes, requires that: Unless otherwise…present a conflict with the provisions of section 125.31, supra.10 Therefore, it is my opinion that the …and may invest those funds as directed by section 125.31, Florida Statutes. However, the county commission…1993). 9 See, Op. Att'y Gen. Fla. 79-9 (ss. 125.31 and 218.407, Fla. Stat., authorize boards of county… in certain enumerated investments; however, s. 125.31 does not authorize such boards to delegate their

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Court: Fla. Att'y Gen. | Date Filed: 1992-02-19T23:53:00-08:00

Snippet: boards of county commissioners are authorized by s. 125.31, F.S., to invest surplus public funds and, in the

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Court: Fla. Att'y Gen. | Date Filed: 1988-08-25T00:53:00-07:00

Snippet: option to Purchase 801 (5th ed. 1979). 11 Cf., s. 125.031, F.S., limiting leases or lease-purchases to thirty

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Court: Fla. Att'y Gen. | Date Filed: 1988-01-06T23:53:00-08:00

Snippet: boards of county commissioners are authorized by s. 125.31, F.S., to invest surplus public funds and, in the

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Court: Fla. Att'y Gen. | Date Filed: 1985-11-19T23:53:00-08:00

Snippet: exchange real or personal property. See also, s. 125.031, F.S. Cf., AGO 76-173 (only the county commission

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Court: Fla. Att'y Gen. | Date Filed: 1982-04-30T00:53:00-07:00

Snippet: 28.33, F.S. Based upon an analysis of ss 28.33, 125.31, and 665.321, F.S., that opinion concluded that…county commissioners may designate, pursuant to s 125.31, F.S., the investment place of surplus funds by…county commissioners to be invested pursuant to s 125.31, F.S., or Part IV, Ch. 218, F.S. Interest earned

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Court: Fla. Att'y Gen. | Date Filed: 1981-02-23T23:53:00-08:00

Snippet: investment of surplus funds provided for in s. 125.31, F.S., which authorizes the investment of county

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Court: Fla. Att'y Gen. | Date Filed: 1980-03-24T23:53:00-08:00

Snippet: is specified in the agreement? SUMMARY: Section 125.031, F. S., does not of itself authorize the payment… submitted with your request, suggests that s. 125.031, F. S., `confers all the authority needed by counties…believe there is adequate authority.' Section 125.031 provides: Counties may enter into leases or…shall not be paid from ad valorem taxes. While s. 125.031 authorizes the payment of rent from legally available…arrangements entered into under the authority of s. 125.031 is prohibited. See Thayer v. State, 335 So.2d 815

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Court: Fla. Att'y Gen. | Date Filed: 1979-09-21T00:53:00-07:00

Snippet: officers may make loans of surplus funds.'Cf. s. 125.31, F. S., as amended by s. 1, Ch. 79-119, Laws of… investment of surplus funds provided for in s. 125.31. See also part IV, Ch. 218, F. S. No other investments

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Court: Fla. Att'y Gen. | Date Filed: 1979-02-04T23:53:00-08:00

Snippet: codified as ss.218.407(2) and 125.31, F. S.? SUMMARY: Sections 125.31 and 218.407, F. S., authorize, …supplied.) Subsection (6) of s. 125.31, F. S., makes the provisions of s. 125.31 supplemental to all other …board of county commissioners. Section 125.31(2)(a). Section 125.31, F. S., does not authorize the board… in certain enumerated investments; however, s. 125.31 does not authorize such boards to delegate their…receipts' as specified in paragraph (2)(b) of s. 125.31. Authorization for investments with local banking

Alachua County v. Powers

Court: Fla. | Date Filed: 1977-10-06T00:53:00-07:00

Citation: 351 So. 2d 32

Snippet: of surplus funds ... pursuant to Florida Statute 125.31... ." In its brief the board stipulates that…by the county commissioners pursuant to Section 125.31, Florida Statutes (1975), the clerk is required