Opinion
September 12, 1952.
Appeal from the Circuit Court for Dade County, Vincent C. Giblin, J.
Glenn C. Mincer, Miami, for appellant.
Anderson Nadeau, Miami, for appellee.
This is an appeal in bond validation proceedings instituted by Miami Shores village for the validation of revenue certificates proposed to be issued by the Village to finance the construction of certain public works upon the streets and alleys of the Village and to purchase and install fire hydrants. The certificates are to be payable solely from the revenues derived by the Village from its utilities franchise.
It appears that the Village has ample authority to issue such certificates under Chapter 26036, Sp.Laws of Florida 1949, and Chapter 169, Florida Statutes, F.S.A. It is well settled that such revenue certificates are not "bonds" within the meaning of Section 6 of Article 9 of the Constitution of the State of Florida, F.S.A. State v. City of Miami, 113 Fla. 280, 152 So. 6; State v. City of Pensacola, Fla., 40 So.2d 569; State v. City of Lakeland, Fla., 42 So.2d 580.
The decree of validation should be and it is hereby
Affirmed.
SEBRING, C.J., and MATHEWS, J., and BUFORD, Associate Justice, concur.