The 2023 Florida Statutes (including Special Session C)

Title XI
COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS

Chapter 159
BOND FINANCING

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F.S. 159.16

159.16 Additional pledge of faith and credit.—

(1) Notwithstanding any other provision of this part, any county or municipality issuing revenue bonds hereunder for any of the purposes provided in this part, shall have power to pledge the full faith and credit and ad valorem taxing power of such county or municipality for the payment of the principal of or interest on such revenue bonds if the issuance of such revenue bonds with such additional pledge shall have approval by the qualified electors who are freeholders residing in such county or municipality in an election called, conducted and held in the manner provided in the constitution and statutes of Florida for the holding of freeholder elections.

(2) In the event such additional pledge is made the county or municipality shall be obligated to levy ad valorem taxes without limit as to rate or amount for the payment of the principal of and interest on such revenue bonds, and the issuance of such revenue bonds with such additional pledge of the faith and credit of such county or municipality shall not be subject to any debt limitation contained in any other law, general, special or local.

History.—s. 8, ch. 67-550.

F.S. 159.16 on Google Scholar

F.S. 159.16 on Casetext

Amendments to 159.16

Arrestable Offenses / Crimes under Fla. Stat. 159.16

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 159.16.

Annotations, Discussions, Cases:

Cases from cite.case.law:

LINKEPIC INC. v. VYASIL, LLC,, 370 F. Supp. 3d 906 (N.D. Ill. 2019)

. . . Signature Page; R. 159.10, Veoxo SEO Proposal; R. 159.13 Linkepic Platform Development Project Plan; R. 159.16 . . .

In R. WELLS,, 463 B.R. 320 (Bankr. E.D. Pa. 2011)

. . . October and November 2010 PE-NC two (2) payments to Mancini, the first for $2,674.19 and the second for $159.16 . . . PE-NC paid Mancini $2,674.19 on October 27, 2010 and $159.16 on November 22, 2010. . . . .

NUCOR CORPORATION, v. TENNESSEE FORGING STEEL SERVICE, INC., 513 F.2d 151 (8th Cir. 1975)

. . . Archer-Daniels-Midland Company, 313 F.2d 612, 618 (8th Cir. 1963); 6A Moore’s Federal Practice, 159.16 . . .

J. F. McMURRAY v. THE CHOCTAW NATION OF INDIANS AND THE CHICKASAW NATION OF INDIANS, 62 Ct. Cl. 458 (Ct. Cl. 1926)

. . . in Tishomingo during the trial of said cases, $69.50, which, with interest thereon, would amount to $159.16 . . .