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BRANDES v. CITY OF DEERFIELD BEACH

No. 34873.

186 So.2d 6 (1966)

Paul L. BRANDES et al., Appellants, v. CITY OF DEERFIELD BEACH, Appellee.

Supreme Court of Florida.

Rehearing Denied May 23, 1966.

Attorney(s) appearing for the Case

Delford P. Richey, Pompano Beach, for appellants.

Robert T. Carlile, Deerfield Beach, for appellee.

BARNS, PAUL D., Justice

This is a taxpayers' appeal from a final decree validating the proposed issuance of municipal bonds secured by pledge of certain tax revenues by the City of Deerfield Beach. We reverse.

The City, of a population of approximately 15,000 inhabitants, proposes issuance of $1,500,000 Excise Tax Improvement Bonds maturing over a period of 30 years, requiring an annual debt service of approximately $86,000.00. The Resolution authorizing the...

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