ENROLLED HB 1025 2024 Legislature CODING: Words stricken are deletions; words underlined are additions. hb1025-01-er Page 1 of 3 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S 1 An act relating to the Municipal Service District of 2 Ponte Vedra Beach, St. Johns County; amending ch. 82 -3 375, Laws of Florida, as amended; revising provisions 4 relating to terms of office of District Trustees; 5 revising the capital expenditure amount required to be 6 approved by the voters of the district; revising the 7 authority of the district to approve such expenditure; 8 revising a limitation on the amount of the district's 9 contingency reserves; providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Paragraph (b) of subsection (2), paragraph (h) 14 of subsection (4), and subsection (5) of section 2 of chapter 15 82-375, Laws of Florida, as amended by chapters 90 -463 and 2002-16 373, Laws of Florida, are amended to read: 17 Section 2. The following is the charter of the Municipal 18 Service District of Ponte Vedra Beach: 19 (2) 20 (b) At the 1990 general election, seven District Trustees 21 shall be elected by the qualified voters of the district, with 22 three for 2-year terms and four for 4 -year terms, and they shall 23 be elected to serve until their successors are elected and 24 qualified. The seats shall be numbered consecutively one th rough 25 ENROLLED HB 1025 2024 Legislature CODING: Words stricken are deletions; words underlined are additions. hb1025-01-er Page 2 of 3 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S seven. In the 1990 general election, the odd numbered seats 26 shall be elected for terms of 4 years, the even numbered seats 27 for terms of 2 years. The term of office of the District 28 Trustees elected at each succeeding election shall be 4 years , 29 except that a person may not appear on the ballot for reelection 30 to the office of Trustee if, by the end of his or her current 31 term of office, the person will have served, or but for 32 resignation would have served, in that office for a total of 12 33 years, provided that any Trustee currently in office and serving 34 an unexpired term in office will be permitted to complete that 35 term in office. To be eligible for election, a person must 36 reside in the district and be qualified to vote in the district. 37 A trustee may not se rve more than two consecutive 4 -year terms. 38 (4) The district is authorized and empowered: 39 (h) To acquire, construct, operate, maintain, equip, 40 improve, extend, enlarge, or improve capital projects within or 41 without the district for the purposes of enab ling the district 42 to perform the specialized public functions or services as 43 herein provided. However, expenditures on any individual capital 44 project, including acquisition of real or personal property, 45 that exceed exceeds a total cost of $150,000 or 25 percent of 46 the district's current annual budgeted expenses, whichever is 47 greater, must first be approved by a voting majority of 48 qualified voters in the district. The Board of District Trustees 49 shall determine the method to be used to determine whether 50 ENROLLED HB 1025 2024 Legislature CODING: Words stricken are deletions; words underlined are additions. hb1025-01-er Page 3 of 3 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S voters approve a capital expenditure or expenditures exceeding 51 $150,000 or 25 percent of the district's current annual budgeted 52 expenses, whichever is greater, and approval of a majority of 53 those voters participating in or responding to the method used 54 by the District Trustees to decide the issue shall be sufficient 55 to approve expenditure of funds exceeding $150,000 for the 56 project. Whatever method is used to determine voter approval of 57 such expenditure, the District Trustees in presenting the issue 58 to be decided shall generally describe the project to be 59 undertaken by the expenditure and the estimated cost thereof. In 60 addition, the Board of District Trustees shall not expend more 61 than $50,000 from contingency reserves for any unbudgeted 62 capital project in any fi scal year; 63 (5) "Contingency reserves," defined as the amount of funds 64 remaining at the end of the fiscal year , less the amount 65 required to operate the district at the beginning of the next 66 fiscal year, shall not exceed $200,000 or 25 percent of the 67 district's current annual budgeted expenses, whichever is 68 greater, in any fiscal year. Any amount of contingency reserves 69 exceeding $200,000 or 25 percent of the district's current 70 annual budgeted expenses, whichever is greater, at the end of 71 any fiscal year must be used to reduce the ad valorem tax levy 72 for the entire district for the following fiscal year. 73 Section 2. This act shall take effect October 1, 2024. 74