§ 17-160. Authorization to pledge sales tax.  


Latest version.
  • The board of county commissioners is authorized hereby to make the principal of and the interest and premium, if any, on the bonds payable both from that portion of the local government half-cent sales tax received by the county pursuant to F.S. ch. 218, pt. VI [F.S. § 218.60 et seq.], and from interest received from investments made with the proceeds of such moneys. Also, the board of county commissioners is authorized hereby to make the bonds payable from any additional source of revenue legally available for such purposes, plus any interest earnings thereon.

(Code 1965, § 1-54.24; Ord. No. 83-10, § 4, 4-5-83)