The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1942-10-10

! WHEREAS, The Legislature of
1871, under the Constitution of 1885,
of the State of Florida, did pass 8
Joint Resolutions proposing amend
ments to the Constitution of the
State of Florida, and the same were
agreed to by vote of three-fifths
Iof all the members elected to each
house; that the votes on said Joint
Resolutions were entered upon their
respective Journals, with the yeas
and nays thereon, and they did de-
termi1e and direct that the said
Joint Resolutions be submitted to
the electors Of the State at the Gen.
eral Election in November, 1912.
NOW, THEREFORE,, 7, r. A.
GRAY, Secretary of State of the
State of Florida, do hereby give
notice that :
GENERAL ELECTION
will be held in each county in Flor
Ida on Tuesday next succeeding the
first Monday in November, A. D.
1912, the said Tuesday being the
THIRD DAY OF NOVEMBER
for the ratification or rejection of
1 the said Joint Resolutions proposing
amendments to the Constitution of
the State of Florida. viz:
JOINT RESOLUTION Proposing
an Amendment to- Article TX of the
Constitution of the State of Florida
| Relating to Taxation and Finance,
IBy Adding Thereto an Additional
ISection Creating a State Board of
Administrations; Prescribing its
Powers and Duties, and Providing
for the use of Proceeds of Two Cents
Iper Gallon of the Gasoline or Other
Motor Fuel Tax for ID the Payment
and Retirement of All Outstanding
! Bonds Issued BY Any County or Spe-
lcial Road and Bridge District Prior
Eto First Day of July, A. u. 1881, for
Road and Bridge Purposes, and for
l(2) Public Highway Purposes.
BE 1T RESOLVED BY THE LEG
IISLATURE OF THE STATE OF
FLORIDA: That the following
amendment to Article TX of the
CONSTITUTION of the State of Florida
irelating to Taxation and Finance by
tadding thereto an additional section
to be known as Section 16 of said
| Article TX creating a State Board of
Administrations; prescribing its
Ipowers and duties and providing for
1.-THE use of the proceeds of two cents
per gallon of the gasoline or other
tmotor fuel tax for % the payment
land retirement of all outstanding
bonds issued by any county or spe-
cial road and bridge district prior
to the First Day of July, a. u. 1881,
for road and bridge purposes, and for
/ ca public highway purposes, is here
| by agreed to and shall be submitted
to the electors of the State of Flor
ida for ratification or rejection at
1.-THE next General Election to be held
in 1912, as follows:
| Section 16 (a). That beginning
January 1st, 1913, and for fifty (50)
years thereafter, the proceeds of two
Geo cents per gallon of the total
tax levied by the State law upon
gasoline and other like products of
petroleum, now known as the Second
Gas Tax, and upon other fuels used
/ to propel motor vehicles, shall as
collected be placed monthly in the
Estate Roads Distribution Fund in
1.-THE State Treasury and divided into
Ithree $50 equal parts which shall be
distributed monthly among the sew
leral counties as follows: 81
I One part according to area, one
Epart according to population, and
Zone part according to the counties
contributions to the cost OF state
Iroad construction in the ratio of dis
Itribution as provided IN Chapter
I15659 Laws of Florida, Acts of 1881,
land for the purposes of the appor-
ftionment based on the counties
for the cost of Stat
froad construction, the amount of the
! contributions established by the GER
Itificates made in 1891 pursuant to
said Chapter 1868, shall be taken
and deemed conclusive in computing
the monthly amounts dfstributahle
according to, said. contributions, Such
funds so sdistrfbnted shall be adj
Iministeredg by the, State Board OF
| Administration as hereinafter pro-
lvided. ~ :
/ OBJ The Governor, as Chairman,
1.-The State Treasurer and the State
IComptroller shall constitute a body
corporate to be known as the State
Board of Administration which
Board shall succeed to all the power,
tcontrol and authority of the statu-
j tory Board of Administration. Said
PICARD shall have, in addition to
such powers as may be conferred
upon it by law, the management,
Icontrol and supervision of the pro-
ceeds of said two (2e) cents of sa i'd
taxes and all moneys and other as.
lsets which on the effective date. of
this amendment are applicable or
may become applicable to the bonds
of the several counties of this State,
or any special, road and bridge dis
ltrict, or other special taxing district
thereof, issued prior to July 1st, 1881 /,
flor road and bridge purposes. The
word Bonds" as used, herein shall
include bonds, TINA warrants notee
land other forms on Andebt edness is
Lsued for road and hriage pufposes
fby any county or special road and
\ bridge district or other special tax
ing district, outstandIng en- July 1sts
1881, or any refunding issues There
Iof Said Board shall have the sStatu-
4 tory powers of Boards of County
commissioners and Bond Trustees
and, of any other Authority of spe-
\ ciaI road and bridge, districts, and
other special taxing districts there
of with regard to said bonds. eek
cept that the power I'D levy ad va
I loren taxes is expressly withheld
from said boardD and shall take over
lall papers, documents and records
+ concerning the same. Said Board
shall have the power from time to
Etinle to- issue refundfng bonds to
mature within the said fifty (50)
year period, for any of said out
! standing bonds or interest thereon,
land TO secure them by pledge of
participated receipts from such gaso-
Eline or other fuel taxes to be, dis
tributed to such county as herein
provided, but not at a greater rate
of interest than said bonds now
bear; and to issue, sell or exchange
on behalf of any county or unit for
4 the sole purpose of retiring said
bonds issued by such county, or spe-
cial road and bridge district, or
J.! other special taxing district thereof,
| gasoline or other fuel tax anticipa-
ttion certificates bearing interest at
mot more than three ca per cent per
annum in such denominations and
maturing at such time within the
fifty (50) year period as the Board
/ may determine. In addition to ex-
ercising the powers now provided by
statute for the investment OF sink
ing funds, said Board may use
the sinking funds created for said
bonds of any county or special road
and bridge district, or other unit
hereunder, to purchase the ma
tured or maturing bonds participant
\ inpr nf any nfhar e0unfu or