Sec. 490.101. - Declaration of need.

The Council hereby finds and declares that, for the benefit of the people of the City, the increase of their commerce, welfare and prosperity and the improvement of their health and living conditions, it is essential that the people of the City have access to adequate medical care and health facilities and that it is essential that health facilities within the City be provided with appropriate additional means to assist in the development, improvement and maintenance of the public health. The Council therefore determines that there is a need for the creation of a health facilities authority pursuant to F.S. Ch. 154, Pt. III, in order to provide a method for the financing and refinancing on a tax-exempt basis of projects on behalf of private corporations organized not-for-profit and authorized by law to provide hospital or nursing home services, thus providing facilities at favorable interest costs with a resultant decrease in health care costs for the uses of health facilities within the City. (Ord. 78-656-589, § 1; Ord. 83-591-400, § 1) Note— Former § 560.101.