Volusia County |
Code of Ordinances |
Chapter 2. ADMINISTRATION |
Article VI. FINANCE |
Division 3. CAPITAL IMPROVEMENT PROJECTS |
§ 2-301. Definitions.
The following words, terms and phrases, when used in this division, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:
Bonds means any revenue bonds authorized to be issued pursuant to this division.
Capital improvement projects means, but shall not be limited to, any one or more or any combination of the following: public buildings; public infrastructure; and publicly owned real or personal property, regardless of whether any of the foregoing are owned in a governmental or proprietary capacity by the county government or another public entity within the county.
Costs means the cost of acquisition of sites; legal, fiscal, architectural and engineering fees; provision for debt service reserves, bond discount, the expense of the issuance of bonds, including municipal bond insurance, if any, interest during and for a reasonable time after the construction period, costs of the authorization and sale of the bonds, including the cost of advertisements, notices and other proceedings in connection therewith; and such other expenses as are necessary or incidental to the costs authorized under this division.
County revenues means any legally available revenues of the county collected by or accruing to the county other than by the exercise of the ad valorem taxing power of the county or taxation in any form on any real property or personal property therein, whether such revenues are now in existence or may hereafter be in existence.
(Ord. No. 81-6, § 1, 3-5-81; Ord. No. 2014-07, § I, 4-3-14)
Cross reference
Definitions and rules of construction generally, § 1-2.