§ 17-80. Authorization to pledge revenue sharing entitlement.

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The principal of and the interest on the bonds issued under this division may be payable from the "guaranteed entitlement" and the "second guaranteed entitlement for counties" accruing annually to the county pursuant to the Florida Revenue Sharing Act of 1972 [F.S. § 218.20 et seq.], or any successor statute, and from interest received from investments made with the proceeds of such entitlements.

(Code 1965, § 1-52.3; Ord. No. 81-3, § 4, 2-2-81; Ord. No. 88-11, § 3, 9-12-88)

                    
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