Florida Statutes
Fla. Stat. § 166.121 (2025)
Issuance of bonds.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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166.121 Issuance of bonds.—
(1) Bonds issued under this part shall be authorized by resolution or ordinance of the governing body and, if required by the State Constitution, by affirmative vote of the electors of the municipality. Such bonds may be issued in one or more series and shall bear such date or dates, be payable upon demand or mature at such time or times, bear interest at such rate or rates, be in such denomination or denominations, be in such form, registered or not, with or without coupon, carry such conversion or registration privileges, have such rank or priority, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of redemption, with or without premium, be secured in such manner, and have such other characteristics as may be provided by such resolution or ordinance or trust indenture or mortgage issued pursuant thereto.
(2) The governing body of a municipality shall determine the terms and manner of sale and distribution or other disposition of any and all bonds it may issue, consistent with the provisions of s. 218.385, and shall have any and all powers necessary or convenient to such disposition.
Notes of Decisions
Cited in 1
case, 1986–1986 · leading case: Gaynor v. Town of Sewall's Point, 20 Fla. Supp. 2d 61 (Fla. Cir. Ct. 1986).
Gaynor v. Town of Sewall's Point, 20 Fla. Supp. 2d 61 (Fla. Cir. Ct. 1986). “CONCLUSIONS OF LAW Counter-petitioners contend that the Town by pledging the revenues indicated in the findings of fact has in effect, violated the referendum requirement of Article VII, Section 12 of the Florida State Constitution and F. S. 166.121(2). These provisions mandate…”
— 166.121(2) — 1 case
Gaynor v. Town of Sewall's Point, 20 Fla. Supp. 2d 61 (Fla. Cir. Ct. 1986). “CONCLUSIONS OF LAW Counter-petitioners contend that the Town by pledging the revenues indicated in the findings of fact has in effect, violated the referendum requirement of Article VII, Section 12 of the Florida State Constitution and F. S. 166.121(2). These provisions mandate…”
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