Manatee County |
Code of Ordinances |
Chapter 2-2. ADMINISTRATION |
Article III½. REVENUE BONDS FOR COUNTY PROJECTS |
§ 2-2-40. Definitions.
As used in this article, the following words and terms shall have the meanings ascribed in this section, unless some other meaning is plainly intended:
Board shall mean the board of county commissioners of the County of Manatee, Florida.
Bonds shall mean the obligations issued by the county under the provisions of this article to pay the cost of the project and payable from certain non-ad valorem revenues as shall be determined by subsequent proceedings of the county.
Cost of a project shall mean the cost of acquiring or constructing such project, and the cost of improvements, and shall include the cost of all labor and materials; the cost of all lands, property, rights, easements, and franchises acquired which are deemed necessary for such construction or acquisition; the cost of all machinery and equipment; financing charges; interest prior to, during and for one year after the completion of construction; necessary reserves; engineering and legal expenses; cost of plans, specifications, surveys, estimates of construction costs of revenues; other expenses necessary or incident to determining the feasibility or practicability of such construction or acquisition; administrative expenses; and such other expenses as may be necessary or incidental to the financing herein authorized and to such construction or acquisition and the placing of the project in operation.
County shall mean the County of Manatee, Florida.
Non-ad valorem revenues shall mean all moneys derived by the county from sources other than ad valorem taxation and shall also exclude all moneys which are prevented from being pledged as provided herein, or used for the purposes provided herein, or by federal or state law, or pledged by the county under proceedings heretofore adopted or such moneys that are derived from any self-liquidating project or facility that the county may hereafter construct to [or] acquire.
Project shall mean the construction, acquisition, reconstruction, renovation, and improvement of county buildings, property, roads, highways, waterways, drainage, recreational, solid waste and resource recovery facility improvements, including all lands or interest therein, equipment and all property real or personal, tangible or intangible, now or hereafter owned or used in connection therewith or the refunding of any debt of the county issued in connection therewith.
(Ord. No. 85-14, § 1, 5-28-85)