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any other sources.
Section 25. Subsection (4) of section 343.922, Florida
Statutes, is amended to read:
343.922 Powers and duties.—
(4) The authority may undertake projects or other
improvements in the master plan in phases as particular projects
or segments become feasible, as determined by the authority. The
authority shall coordinate project planning, development, and
implementation with the applicable local governments. The
authority’s projects that are transportation oriented shall be
consistent to the maximum extent feasible with the adopted local
government comprehensive plans at the time they are funded for
construction. Authority projects that are not transportation
oriented and meet the definition of development pursuant to s.
380.04 shall be consistent with the local comprehensive plans.
In carrying out its purposes and powers, the authority may
request funding and technical assistance from the department and
appropriate federal and local agencies, including, but not
rat £ +h,
limited to, state infrastructure bank loans;—acvences—frem—th
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assistance from any other source.
Section 26. Chapter 345, Florida Statutes, consisting of
sections 345.0001, 345.0002, 345.0003, 345.0004, 345.0005,
345.0006, 345.0007, 345.0008, 345.0009, 345.0010, 345.0011,
345.0012, 345.0013, 345.0014, 345.0015, 345.0016, and 345.0017,
is created to read:
345.0001 Short title.—This act may be cited as the “Florida
Regional Tollway Authority Act.”
345.0002 Definitions.—As used in this chapter, the term:
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1828 (1) “Agency of the state” means the state and any
1829] department of, or any corporation, agency, or instrumentality
1830 heretofore or hereafter created, designated, or established by,
1831] the state.
1832 (2) “Area served” means the geographical area of the
1833] counties for which an authority is established.
1834 (3) “Authority” means a regional tollway authority, a body
1835| politic and corporate, and_an agency of the state, established
1836| pursuant to the Florida Regional Tollway Authority Act.
1837 (4) “Bonds” means the notes, bonds, refunding bonds, or
1838] other evidences of indebtedness or obligations, in temporary or
1839| definitive form, which an authority may issue pursuant to this
1840] act.
1841 (5) “Department” means the Department of Transportation of
1842| Florida and any successor thereto.
1843 (6) “Division” means the Division of Bond Finance of the
1844 State Board of Administration.
1845 (7) “Federal agency” means the United States, the President
1846| of the United States, and any department_of, or any bureau,
1847| corporation, agency, or instrumentality heretofore or hereafter
1848| created, designated, or established by, the United States.
1849 (8) “Members” means the governing body of an authority, and
1850 the term “member” means one of the individuals constituting such
1851} governing body.
1852 (9) “Regional system” or “system” means, generally, a
1853] modern tolled highway system of roads, bridges, causeways, and
1854] tunnels within any area of the authority, with access limited or
1855] unlimited as an authority may determine, and the buildings and
1856] structures and appurtenances and facilities related to the
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1857 system, including all approaches, streets, roads, bridges, and
1858] avenues of access for the system.
1859 (10) “Revenues” means the tolls, revenues, rates, fees,
1860 charges, receipts, rentals, contributions, and other income
1861! derived from or in connection with the operation or ownership of
1862| a regional system, including the proceeds of any use and
1863] occupancy insurance on any portion of the system but excluding
1864] state funds available to an authority and_any other municipal or
1865| county funds available to an authority under an agreement with a
1866] municipality or county.
1867 345.0003 Tollway authority; formation; membership.—
1868 (1) A county, or two or more contiguous counties, may,
1869| after the approval of the Legislature, form a regional tollway
1870] authority for the purposes of constructing, maintaining, and
1871] operating transportation projects in a region of this state. An
1872] authority shall be governed _in accordance with the provisions of
1873| this chapter. An authority may not be created without the
1874] approval of the Legislature and the approval of the county
1875| commission of each county that will be a part of the authority.
1876| An authority may not be created to serve a particular area of
1877| this state as provided by this subsection if a regional tollway
1878 authority has been created and is operating within all or a
1879| portion of the same area served pursuant to an act of the
1880] Legislature. Each authority shall be the only authority created
1881] and operating pursuant to this chapter within the area served by
1882| the authority.
1883 (2) The governing body of an authority shall consist of a
1884| board of voting members as follows:
1885 (a) The county commission of each county in the area served
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1886] by the authority shall each appoint a member who must be a
1887 resident of the county from which he or she is appointed. If
1888| possible, the member must represent the business and_civic
1889] interests of the community.
1890 (b) The Governor shall appoint an equal number of members
1891] to the board as those appointed by the county commissions. The
1892} members appointed by the Governor must be residents of the area
1893| served by the authority.
1894 (c) The secretary of the Department of Transportation shall
1895| appoint one of the district secretaries, or his or her designee,
1896| for the districts within which the area served by the authority
1897} is located.
1898 (3) The term of office of each member shall be for 4 years
1899| or until his or her successor is appointed and qualified.
1900 (4) A member may not hold an elected office.
1901 (5) A vacancy occurring in the governing body before the
1902} expiration of the member’s term shall be filled by the
1903] respective appointing authority in the same manner as_ the
1904| original appointment and only for the balance of the unexpired
1905) term.
1906 (6) Each member, before entering upon his or her official
1907 duties, must take and subscribe to an oath before an official
1908] authorized by law to administer oaths that_he or she will
1909] honestly, faithfully, and impartially perform the duties
1910| devolving upon him or her in office as a member of the governing
1911] body of the authority and that he or she will not neglect any
1912] duties imposed upon him or her by this chapter.
1913 (7) A member of an authority may be removed from office by
1914| the Governor for misconduct, malfeasance, misfeasance, or
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1915) nonfeasance in office.
1916 (8) The members of the authority shall designate one of its
1917| members as chair.
1918 (9) The members of the authority shall serve without
1919] compensation, but shall be entitled to reimbursement for per
1920} diem and other expenses in accordance with s. 112.061 while in
1921] performance of their duties.
1922 (10) A majority of the members of the authority constitutes
1923] a quorum, and resolutions enacted or adopted by a vote of a
1924| majority of the members present and voting at_any meeting become
1925| effective without publication, posting, or any further action of
1926| the authority.
1927 345.0004 Powers and duties.—
1928 (1) (a) An authority created_and established, or governed,
1929| by the Florida Regional Tollway Authority Act shall plan,
1930 develop, finance, construct, reconstruct, improve, own, operate,
1931] and maintain a regional system_in the area_served by the
1932 authority.
1933 (b) An authority may not exercise the powers in paragraph
1934 (a) with respect to an existing system for transporting people
1935] and goods by any means that is owned by another entity without
1936] the consent of that entity. If an authority acquires, purchases,
1937| or inherits an existing entity, the authority shall also inherit
1938] and assume all rights, assets, appropriations, privileges, and
1939] obligations of the existing entity.
1940 (2) Each authority may exercise all powers necessary,
1941| appurtenant, convenient, or incidental to the carrying out of
1942| the purposes of this section, including, but not limited to, the
1943 following rights and powers:
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(a) To sue and be sued, implead and_be impleaded, and
complain and defend in all courts in its own name.
(ob) To adopt and use a corporate seal.
(c) To have the power of eminent domain, including the
procedural powers granted under chapters 73 and 74.
(d) To acquire, purchase, hold, lease as a_lessee, and use
any property, real, personal, or mixed, tangible or intangible,
or any interest therein, necessary or desirable for carrying out
the purposes of the authority.
(e) To sell, convey, exchange, lease, or otherwise dispose
of any real or personal property acquired by the authority,
including air rights.
(f) To fix, alter, charge, establish, and collect rates,
fees, rentals, and other charges for the use of any system owned
or operated by the authority, which rates, fees, rentals, and
other charges must always be sufficient to comply with any
covenants made with the holders of any bonds issued pursuant to
this act; however, such right and power may be assigned or
delegated by the authority to the department.
(g) To borrow money, make and issue negotiable notes,
bonds, refunding bonds, and other evidences of indebtedness or
obligations, in temporary or definitive form, for the purpose of
financing all or part of the improvement of the authority’s
system and appurtenant facilities, including the approaches,
streets, roads, bridges, and avenues of access for the system
and for any other purpose authorized by this chapter, the bonds
to mature in not exceeding 30 years after the date of the
issuance thereof, and to secure the payment of such bonds or any
part thereof by a pledge of its revenues, rates, fees, rentals,
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or other charges, including municipal or county funds received
by the authority pursuant to the terms of an agreement between
the authority and a municipality or county; and, in general, to
provide for the security of the bonds and the rights and
remedies of the holders of the bonds; however, municipal or
county funds may not be pledged for the construction of a
project for which a toll is to be charged unless the anticipated
tolls are reasonably estimated by the
