§ 2-166. Definitions.

The following words, terms and phrases, when used in this subdivision, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

Bonds means the obligations issued by the county under this subdivision to pay the cost of a project or combination of one 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 any other special funds authorized to be pledged as additional security under this subdivision.

Cost of a project means the cost of acquiring or constructing a project and the cost of improvements and includes 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 year after the completion of construction, engineering and legal expenses; the cost of plans, specifications, surveys, estimates of construction costs and of revenues; discounts, if any, upon the sale of the bonds; municipal bond insurance, if any; 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 authorized in this subdivision and to such acquisition or construction and the placing of the project in operation.

Project includes all property, rights, easements and franchises relating thereto and deemed necessary or convenient for the construction or acquisition or the operation thereof and includes 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 means the additional tax of $0.01 per gallon on motor fuel levied by F.S. § 206.60 allocated to the county pursuant to F.S. § 206.60(2)(b).

(Code 1970, § 20-51; Ord. No. 75-23, § 1, 12-2-75)

Cross reference

Definitions generally, § 1-2.