State v. City of Winter Park

TERRELL, J.:

The appeal is from a final decree validating sewer Revenue Bonds of the City of Winter Park, issued for the purpose of purchasing and constructing improvements and additions to the sanitary sewer of the City, the principal and interest of said bonds' payable solely from the gross revenues derived from the operation of the sewer system and in addition thereto the net proceeds of a utility service tax, and from no other source.

It is first contented that the City cannot pledge the gross revenues derived from the sewer system to the payment of the sewer Revenue Bonds without an…