City of Boca Raton v. State

595 So. 2d 25 (1992)

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City of Boca Raton v. State

Florida Supreme Court
595 So. 2d 25 (1992)

DD

Facts

The city of Boca Raton (the city) (plaintiff) planned on making infrastructure improvements. In order to finance the construction of the improvements, the city sought to issue municipal bonds. The bonds would be repaid from a special assessment levied against the properties that would be benefitted by the improvements. The special assessment would be apportioned among the benefitted properties in relation to the property values of the various tracts. The benefit to the assessed properties would be seven times more than the amount of the special assessment. The State of Florida (defendant) opposed the bond issuance, and the city filed suit to validate the bonds. The trial court refused to validate the bonds, holding that the city was not permitted to impose the special assessment to fund the bonds. The city appealed.

Rule of Law

Issue

Holding and Reasoning (Grimes, J.)

Dissent (McDonald, J.)

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