Broward County Commission Regular Meeting
Director's Name: Andrew J. Meyers
Department: County Attorney
Information
Requested Action
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MOTION TO ENACT Ordinance, the title of which is as follows:
AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF BROWARD COUNTY, FLORIDA, ABOLISHING THE BROWARD COUNTY HEALTH FACILITIES AUTHORITY; REPEALING SECTIONS 15-173 THROUGH 15-194 OF THE BROWARD COUNTY CODE OF ORDINANCES ("CODE"); AND PROVIDING FOR SEVERABILITY, INCLUSION IN THE CODE, AND AN EFFECTIVE DATE.
(Sponsored by the Board of County Commissioners)
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Why Action is Necessary
A Resolution directing the County Administrator to publish notice of public hearing to consider enactment of the Ordinance was adopted by the Board of County Commissioners at its meeting of June 4, 2024.
What Action Accomplishes
Allows for the Board's consideration of the proposed Ordinance.
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Previous Action Taken
Summary Explanation/Background
The Broward County Health Facilities Authority ("Authority") was established pursuant to Chapter 154, Florida Statutes, and Ordinance No. 77-35, enacted by the Broward County Board of County Commissioners ("Board") for the purpose of issuing conduit bonds to assist health facilities in the acquisition, construction, financing, and refinancing of projects in Broward County.
The Authority has not issued bonds in several years and has no outstanding debt or obligations. Due to such inactivity, on September 18, 2023, the members of the Authority's governing board voted unanimously to request that the Board dissolve the Authority. Pursuant to Section 15-194 of the Broward County Code of Ordinances ("Code") and Section 154.207, Florida Statutes, the Board has the power and authority to abolish the Authority by ordinance at any time, provided the Authority has no outstanding bond indebtedness.
The proposed Ordinance (Exhibit 1) abolishes the Authority and repeals C...
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