Brevard County |
Code of Ordinances |
SPECIAL ACTS |
Chapter 246. ROADS AND BRIDGES |
Article III. SPECIAL ASSESSMENTS FOR IMPROVEMENTS |
§ 246-69. Borrowing for purpose of initial revolving fund.
The board of county commissioners of Brevard County is hereby authorized and empowered to borrow from funds established in the general fund of the county as the board deems advisable in order to establish an initial revolving fund or funds for the purpose of carrying out the provisions of this article, replacing said funds with bonds issued hereunder relative to the improvement of which said funds are expended or replacing said funds with revenue received from the assessments provided for herein relative to said assessments; or said board may levy a tax not to exceed five mills annually to set up sufficient funds for the purposes of this article.
(Laws of Fla. ch. 59-1108, § 14)