Legal Opinion
Southtrust Bank of Alabama, N.A. v. Southfield Farms, Ltd.
District Court of Appeal of Florida
Decided April 12, 1991No. 90-02036Published
1Opinion of the Court
PARKER, Judge.
SouthTrust Bank of Alabama, N.A., as Trustee, (SouthTrust) appeals from a final summary judgment which ordered the Palms of Terra Ceia Bay Community Development District (the District) to levy ad valorem taxes on property within the District in an amount equal to the total as*186sessed value of the taxable property. We reverse.
On or about March 31, 1983, the District, pursuant to chapter 190, Florida Statutes, issued general obligation and special assessment capital improvement bonds in the principal amount of $11,500,000 for the development of two projects. The bonds have been in…
2Cases cited5 opinions
- State Ex Rel. Dos Anigos, Inc. v. LehmanSupreme Court of Florida · 1930
- State Ex Rel. Gillespie v. County of BaySupreme Court of Florida · 1933
- State Ex Rel. Harrington v. City of Daytona BeachSupreme Court of Florida · 1935
- Richard v. City of Fort LauderdaleSupreme Court of Florida · 1941
- Southtrust Bank of Alabama, National Ass'n v. Palms of Terra Ceia Bay Community Development DistrictDistrict Court of Appeal of Florida · 1990