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Senate Bill 914 |
Senate Author: Williams |
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Effective: 5-19-09 |
House Sponsor: Otto |
Senate Bill 914 amends the Special District Local Laws Code to add a chapter relating to the Liberty Lakes Fresh Water Supply District No. 1, which was created non-legislatively under general-law provisions of the Water Code, and to change the name from the Liberty Lakes Fresh Water Supply District No. 1 of Liberty County to the Liberty Lakes Fresh Water Supply District No. 1. The bill grants the district general-law Water Code powers and duties applicable to fresh water supply districts, as well as the power to undertake drainage projects, and authorizes the district to annex adjacent land. Senate Bill 914 authorizes the district to issue bonds or other obligations and to impose taxes but prohibits the total principal amount of bonds or other obligations issued or incurred to finance road projects and payable from property taxes from exceeding one-fourth of the assessed value of real property in the district, and prohibits the district from issuing bonds payable from property taxes to finance a road project unless the issuance is approved by a vote of a two-thirds majority of the district voters voting at an election held for that purpose. The bill includes customary provisions relating to the division of the district into successor districts.