If it should appear necessary to procure funds with which to pay the expenses of a district, or to meet emergencies, before a sufficient sum can be obtained from the collection of the tax, the board may borrow a sufficient amount of money to pay expenses and to meet emergencies and may issue interest-bearing negotiable notes therefor and pledge the proceeds of the tax imposed under the provisions of this chapter for the repayment thereof. Said board may issue to any person performing work or services or furnishing anything of value interest-bearing negotiable evidence of debt.
Fla. Stat. § 373.506
Costs of district
Known as the Surface Water Improvement and Management Act
The act spans §§ 373.012 to 373.813 (247 sections).
History.--s. 19, ch. 25209, 1949; s. 25, ch. 73-190; s. 15, ch. 76-243
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.