State v. City of Key West

DREW, Justice.

This is an appeal from a final decree validating $150,000 public improvement certificates of the City of Key West dated July 1, 1957 issued for the purpose of providing funds for constructing a swimming pool or swimming pools, recreational facilities and a community hall. The ordinance authorizing the issuance of said public improvement certificates provides that said certificates and all interest thereon shall be paid exclusively from the proceeds *616received by the City of Key West from the excise or privilege tax imposed by said City upon the sale, receipt, purchase, possession,…