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SOUTHTRUST BANK OF ALABAMA, NAT. ASS'N v. PALMS OF TERRA CEIA BAY COMMUNITY DEV. DIST.

No. 89-02103.

560 So.2d 1205 (1990)

SOUTHTRUST BANK OF ALABAMA, NATIONAL ASSOCIATION, As Trustee, Appellant, v. PALMS OF TERRA CEIA BAY COMMUNITY DEVELOPMENT DISTRICT, City of Palmetto, Florida, and the Board of Supervisors, Palms of Terra Ceia Bay Community Development District, City of Palmetto, Florida, Appellees, and Southfield Farms, Ltd., III, Intervenor/Appellee.

District Court of Appeal of Florida, Second District.

March 9, 1990.

Attorney(s) appearing for the Case

John D. Emmanuel of Fowler, White, Gillen, Boggs, Villareal and Banker, P.A., Tampa, and Burr & Forman, Birmingham, Alabama, for appellant.

Robert L. Williams, Venice, for appellees Palms of Terra Ceia Bay Community Development Dist. and The Bd. of Sup'rs.

Claire L. Hamner of Dickinson, O'Riorden, Gibbons, Quale, Shields & Carlton, P.A., Sarasota, for intervenor/appellee Southfield Farms, Ltd., III.

LEHAN, Acting Chief Judge.

We reverse the trial court's denial of the petition for a writ of mandamus filed by Southtrust Bank, as trustee for the owners of bonds issued by the Palms of Terra Ceia Bay Community Development District ("the district"), a community development district formed under chapter 190, Florida Statutes. The petition requests that the writ compel the district through its board to levy ad valorem taxes to produce funds with which to pay the principal...

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