LETTS, Chief Judge.
Florida Power & Light (FP&L) appeals from a final summary judgment denying it credit for ad valorem taxes paid by it and collected by the City on behalf of the "Downtown Development Authority of the City of Fort Lauderdale" (DDA). We reverse.
Under the franchise agreement entered into between the City and FP&L, the latter was required to pay compensation to the City in an annual sum equal to six percent of its revenues obtained...
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