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STATE v. CITY OF FORT PIERCE

88 So.2d 135 (1956)

STATE of Florida, and the Taxpayers, Property Owners and Citizens of the City of Fort Pierce, Including Non-Residents owning property or subject to taxation thereon, Appellants, v. CITY OF FORT PIERCE, a Municipality in the County of St. Lucie, State of Florida, Appellee.

Supreme Court of Florida, Special Division A.

Rehearing Denied June 6, 1956.

Attorney(s) appearing for the Case

Murray W. Overstreet, Kissimmee, for appellants.

Willes & Bittan, Fort Pierce, and Patterson, Freeman, Richardson & Watson, Jacksonville, for appellee.

THORNAL, Justice.

The State, acting through the State Attorney, seeks reversal of a decree validating an issue of revenue bonds.

By an ordinance enacted July 11, 1955, the City authorized the issuance of $2,180,000 Utility Sewer Revenue Bonds, the proceeds of the sale of which are to be used to refund $207,000 of outstanding Utilities Service Tax Certificates and to finance the cost of acquisition and construction...

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