State v. Florida State Improvement Commission

MATHEWS, Justice.

This is a proceeding seeking to validate Florida State Improvement Commission Manatee County Bridge Revenue Bonds in the sum of $6,000,000. It is unnecessary to set forth the details of all of the actions taken to authorize the issuance of such bonds.

The order of the lower Court validating the bonds, after reciting the actions and proceedings had, contained the following:

“Sixth: That said revenue bonds to be issued by petitioner will not constitute ‘bonds’ of the State of Florida, the County of Manatee, or any political subdivision of the State of Florida, within the meaning…