It shall be the duty of the treasurer as custodian of the funds belonging to the said board and to the district, out of the proceeds of the taxes levied and imposed by this chapter and out of any other moneys in the treasurer’s possession belonging to the district, which moneys so far as necessary shall be set apart and appropriated for the purpose, to apply said moneys and to pay the interest upon the said bonds as the same shall fall due and at the maturity of the said bonds to pay the principal thereof.
Fla. Stat. § 373.579
Proceeds from taxes for bond purposes
Known as the Surface Water Improvement and Management Act
The act spans §§ 373.012 to 373.813 (247 sections).
History.--s. 40, ch. 25209, 1949; s. 25, ch. 73-190; s. 611, ch. 95-148
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.