State v. Florida Development Commission

ROBERTS, Chief Justice.

This cause is before us pursuant to an appeal from a decree of the Circuit Court of the Second Judicial Circuit in and for Leon County, validating $25,000,000 Florida Development Commission, University System Improvement Revenue Bonds, proposed to be issued by the Florida Development Commission to finance the construction of buildings and facilities for the universities of higher learning in Florida.

This court has jurisdiction by virtue of Article V, Section 4(2), Constitution of the State of Florida, F.S.A.

On February 16, 1962, the Board of Control of Florida adopted a…