§ 1-8-22. Issuance of revenue bonds.

Latest version.

The Charlotte County Housing Finance Authority may issue revenue bonds from time to time for the purposes of this article and subject to the provisions as to form, validation, provisions and sale of bonds provided in the Florida Housing Finance Authority Law and the provisions of the United States Internal Revenue Code, authorizing the exemption from income taxes of the interest on such bonds as each now exists or may from time to time hereafter be amended. So long as a shortage of housing exists, the Housing Finance Authority shall not unreasonably refuse to participate in the financing of any qualifying housing development upon request.

(Ord. No. 81-21, § 8, 8-25-81)

Cross reference

Finance and taxation, Ch. 1-7.

                    
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