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CITY OF PALATKA v. STATE

No. 63003.

440 So.2d 1271 (1983)

CITY OF PALATKA, Appellant, v. STATE of Florida, Appellee.

Supreme Court of Florida.

November 3, 1983.

Attorney(s) appearing for the Case

Edward E. Hedstrom of Hedstrom & Smith, Palatka, and Daniel U. Livermore, Jr. of Livermore, Klein & Lott, Jacksonville, for appellant.

Stephen L. Boyles, State Atty. and William E. Butler, Asst. State Atty., Seventh Judicial Circuit, Palatka, for appellee.

ADKINS, Justice.

This cause is before the Court on direct appeal from a final judgment in a bond validation proceeding in Putnam County. We have jurisdiction. Art. V, § 3(b)(2), Fla. Const.

The City of Palatka owns and operates a water and sewer system. The city has financed the construction and acquisition of its existing facilities in part through the issuance of revenue bonds, some of which are outstanding. The city now seeks to issue the bonds which...

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