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STATE v. ORANGE COUNTY INDUS. DEV. AUTH.

No. 61371.

417 So.2d 959 (1982)

STATE of Florida, Appellant, v. ORANGE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, Appellee.

Supreme Court of Florida.

June 3, 1982.

Attorney(s) appearing for the Case

Robert Eagan, State Atty., and James S. Lewis, Jr., Asst. State Atty., Ninth Judicial Circuit, Orlando, for appellant.

Leighton D. Yates, Jr. of Maguire, Voorhis & Wells, Orlando; Talbot D'Alemberte and G. Keith Quinney, Jr. of Steel, Hector & Davis, Miami, Special Litigation Counsel; and R. William Ide, III and Frank A. Lightmas, Jr. of Kutak, Rock & Huie, Atlanta, Ga., Bond Counsel, for appellee.

ADKINS, Justice.

This is an appeal from a final judgment entered in proceedings for the validation of bonds to be issued by an Industrial Development Authority. We have jurisdiction. Art. V § 3(b)(2), Fla. Const.

The Orange County Industrial Development Authority (hereinafter called the "authority"), adopted a resolution providing for the issuance of tax-exempt industrial development revenue bonds in the approximate amount of eight million dollars to...

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