Florida Statutes

Fla. Stat. § 166.101 (2025)

Definitions.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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166.101 Definitions.As used in this part, the following words and terms shall have the following meanings unless some other meaning is plainly indicated:
(1) The term “bond” includes bonds, debentures, notes, certificates of indebtedness, mortgage certificates, or other obligations or evidences of indebtedness of any type or character.
(2) The term “general obligation bonds” means bonds which are secured by, or provide for their payment by, the pledge, in addition to those special taxes levied for their discharge and such other sources as may be provided for their payment or pledged as security under the ordinance or resolution authorizing their issuance, of the full faith and credit and taxing power of the municipality and for payment of which recourse may be had against the general fund of the municipality.
(3) The term “ad valorem bonds” means bonds which are payable from the proceeds of ad valorem taxes levied on real and tangible personal property.
(4) The term “revenue bonds” means obligations of the municipality which are payable from revenues derived from sources other than ad valorem taxes on real or tangible personal property and which do not pledge the property, credit, or general tax revenue of the municipality.
(5) The term “improvement bonds” means special obligations of the municipality which are payable solely from the proceeds of the special assessments levied for an assessable project.
(6) The term “refunding bonds” means bonds issued to refinance outstanding bonds of any type and the interest and redemption premium thereon. Refunding bonds shall be issuable and payable in the same manner as the refinanced bonds, except that no approval by the electorate shall be required unless required by the State Constitution.
(7) The term “governing body” means the council, commission, or other board or body in which the general legislative powers of the municipality shall be vested.
(8) The term “project” means a governmental undertaking approved by the governing body and includes all property rights, easements, and franchises relating thereto and deemed necessary or convenient for the construction, acquisition or operation thereof, and embraces any capital expenditure which the governing body of the municipality shall deem to be made for a public purpose including the refunding of any bonded indebtedness which may be outstanding on any existing project which is to be improved by means of a new project.
History.s. 1, ch. 73-129.
Notes of Decisions
Cited in 5 cases, 1978–1991 · leading case: State v. Broward Cnty., 468 So. 2d 965 (Fla. 1985).
State v. Broward Cnty., 468 So. 2d 965 (Fla. 1985). · cites it 3× “As a charter county, the county has the power to issue municipal revenue bonds as defined in section 166.101, Florida Statutes, under the proper circumstances.”
State v. City of Panama City Beach, 529 So. 2d 250 (Fla. 1988). · cites it 3× “§§ 166.101-166.141, Fla. Stat. (1985). Now, municipalities may "issue bonds as defined in s.”
DeSha v. City of Waldo, 444 So. 2d 16 (Fla. 1984). · cites it 2× “Thus the bonds proposed to be issued are "revenue bonds" within the meaning of section 166.101(4), Florida Statutes (1981).”
State v. City of Daytona Beach, 360 So. 2d 777 (Fla. 1978). · cites it 7× “101 from time to time to finance the undertaking of any capital or other project for the purposes permitted by the State Constitution and may pledge the funds, credit, property, and taxing power of the municipality for the payment of such debts and bonds.”
State v. City of Orlando, 576 So. 2d 1315 (Fla. 1991). “§§ 166.101(8), 166.111, 166.261, Fla. Stat.”
— 166.101(4) — 2 cases
State v. City of Panama City Beach, 529 So. 2d 250 (Fla. 1988). “§§ 166.101-166.141, Fla. Stat. (1985). Now, municipalities may "issue bonds as defined in s.”
DeSha v. City of Waldo, 444 So. 2d 16 (Fla. 1984). “Thus the bonds proposed to be issued are "revenue bonds" within the meaning of section 166.101(4), Florida Statutes (1981).”
— 166.101(6) — 1 case
State v. City of Daytona Beach, 360 So. 2d 777 (Fla. 1978). “101 from time to time to finance the undertaking of any capital or other project for the purposes permitted by the State Constitution and may pledge the funds, credit, property, and taxing power of the municipality for the payment of such debts and bonds.”
— 166.101(8) — 2 cases
State v. City of Orlando, 576 So. 2d 1315 (Fla. 1991). “§§ 166.101(8), 166.111, 166.261, Fla. Stat.”
State v. City of Daytona Beach, 360 So. 2d 777 (Fla. 1978). “101 from time to time to finance the undertaking of any capital or other project for the purposes permitted by the State Constitution and may pledge the funds, credit, property, and taxing power of the municipality for the payment of such debts and bonds.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.

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