§ 13-92. Finances, taxation and assessments.

(a)

The district shall have the power to levy, assess, collect and enforce an ad valorem tax upon all the taxable property situated within the district, subject to the restrictions and limitation herein provided, to pay the principal of, and interest on, any general obligation bonds of the district, to provide for any sinking or other funds established in connection with any such bonds and to pay credit providers, if any, in connection with such bonds. The procedure for levying and assessing as valorem taxes shall be as provided in Section 200.065, Florida Statutes. The Broward County Tax Collector shall collect ad valorem taxes levied and assessed by the district in accordance with Chapter 197, Florida Statutes, and shall remit such taxes to the district.

(b)

The district is hereby authorized to levy upon all the taxable property in the district a tax for the purpose of paying the principal and interest of all general obligation bonds hereafter executed, issued and delivered by the district and to pay credit providers, if any, in connection with such bonds. The ad valorem tax provided for herein shall be in addition to county and all other ad valorem taxes provided for by law. The levy of ad valorem taxes shall be approved by referendum when required by the Florida Constitution.

(c)

The enforcement of taxes levied by the district shall be at the same time and in like manner as county taxes, and the provisions of the Florida Statutes relating to the sale of lands for unpaid delinquent county taxes; the issuance, sale and delivery of tax certificates for such unpaid and delinquent county taxes; their redemption thereof; the issuance to individuals of tax deeds based thereon; and all other procedures in connection therewith shall be applicable to the district to the same extent as if such statutory provisions were expressly set forth herein. All taxes shall be subject to the same discounts as county taxes.

(d)

All taxes provided for herein shall become delinquent and bear penalties on the amount of such taxes in the same manner as county taxes.

(Ord. No. 429, § 12, 4-26-94)