State v. Jacksonville Port Authority

This cause is before us on direct appeal from a final judgment of the Circuit Court of Duval County, validating and confirming the issuance of $1 million Industrial Development Revenue Bonds of the Jacksonville Port Authority, to be issued for the purpose of financing the acquisition and construction of an industrial plant for the bottling, storing, shipping and distribution of beverage products. We have jurisdiction pursuant to Fla.Const., Article V, § 4(2), F.S.A. as a bond validation proceeding.

In 1968, in conjunction with the consolidation of the municipal and county governments in Duval…