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HomeMy WebLinkAbout2938 ~ h~~:~3~.1 ~ac~~44 mentioned, was and is a body corporate, under Sections 3 and 19 or Article XII oi" the Constitution of Florida, and a state agency ~rithin the meanin~ of Section ?5.02, Florida Statutes, is authorized to issue Higher Educa- tions Bonds and entitled to have the validity and legality of the same determined by.proceedings under Chapter 75, Florida Statutes. . 2. Complainant, in and by the terms, conditions and provisions of Section 19 of Article XII of the Florida Constitution (hereinafter referred to as "Higher Education Amendment"), and of Chapters 67-29? and 67-302, Laws of Florida, Acts of 1967 (hereinafter called the"Acts"), is authorized, upon the request of the Board of Regents of Florida, (here- inafter called the "Board of Regents") and of the Board of Public Instruc- tion of certain counties of the State of Florida, named in such Acts, to issue not exceeding $53,000,000 of bonds, during the biennium 1967-1.969, payable solely from the gross receints taxes as provided and levied as of November 5, 1963 in Chapter 203, Florida Statutes, for the purpose of financing the cost of acquiring, building,~constructing, altering, im- proving, enlarging, furnishing or equipping the capital outlay pro3ects ` for the institutions of higher learning in Florida, for 3unior colleges and for area vocational-technical centers as provided in such Higher Education Amendment and as set for.th in the Acts. ~ ~ 3. Pursuant to the Higher Education Amendment and the Acts, the Board of Regents did heretofore duly adopt a resolution requesting the State Board and the State Budget Commission to allocate and provide for the payment to the Board of Regents the sum of $26,500,000 from bond proceeds for the cost of the capital outlay pro3ects for institu- tions of higher learning more particularly described in such Acts and in such resolution. Such resolution complies with the requirements of the Acts and is legal Fnd valid in all respects. Pursuant to the Higher Education Amendment and the 4cts, the Board of Public Instr•action of the follvw~ng ~ounties, to-w3;;: Alachua, Bay, Bi•evard, broward, Colum~ia, Dade, Duval, Escambia, Highlands, Hillsborough, Jackson, Lake, Lee, Leon, Madison, Manatee, l~(arion, Monroe, Okaloosa, Orange, Palm Beach, Pinellas, Polk, Putnam, St. Lucie, Seminole and Volusia, were authorized to and did heretofore ` -2- ~x17`~ ~2~Z1