Orange County |
Code of Ordinances |
Chapter 17. FINANCE |
Article II. FINANCING OF CAPITAL PROJECTS, ETC. |
Division 8. SEVENTH CENT GAS TAX |
§ 17-216. Definitions.
The following words, terms and phrases, when used in this division, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:
Bonds shall mean the obligations issued by the county under the provisions of this division to pay the cost of a project or combination of one (1) or more projects and payable from the revenues derived from the operation of the project, the "seventh cent" gas tax allocated to the county and/or any other special funds authorized to be pledged as additional security therefor under this division.
Cost of a project shall mean the cost of acquiring or constructing such project, and the cost of improvements, and shall include the cost of all labor and materials; the cost of all lands, property, rights, easements and franchises acquired which are deemed necessary for such acquisition or construction; the cost of all machinery and equipment; financing charges; interest prior to and during construction and for one (1) year after the completion of construction; engineering and legal expenses; cost of plans, specifications, surveys; estimates of construction costs and of revenues; other expenses necessary or incident to determining the feasibility or practicability of such acquisition or construction; administrative expenses; and such other expenses as may be necessary or incident to the financing herein authorized and to such acquisition or construction and the placing of the project in operation.
Project shall mean and include all property, rights, easements and franchises relating thereto and deemed necessary or convenient for the construction or acquisition or the operation thereof, and shall include the acquisition or construction of transportation facilities and road and bridge rights-of-way, the construction, reconstruction and maintenance of roads and bridges, the construction and reconstruction of transportation-related public safety activities, and the maintenance and operation of transportation facilities, which serve a county purpose.
Seventh cent gas tax shall mean the additional tax of one cent ($0.01) per gallon on motor fuel levied by F.S. § 206.60, allocated to the county pursuant to the provisions of F.S. § 206.60(2)(b).
(Code 1965, § 26-51; Ord. No. 77-2, § 1, 3-8-77)
Cross reference
Definitions and rules of construction generally, § 1-2.