§ 4-7-110. Acquisition of property generally.

(a)

The district shall obtain by gift, donation, purchase or condemnation and shall furnish to the United States or to the state all required right-of-way as the said board shall determine necessary pursuant to requirements of the United States for constructing and maintaining said inland waterway for the route of construction of said inland waterway as designated and requested from time to time by the Corps of Engineers, United States Army, or other proper state or federal agency.

(b)

The district shall acquire by gift, donation, purchase or condemnation, and shall furnish to the United States[,] required areas for the deposit of spoil material in connection with the work of improving, constructing and maintaining the aforementioned waterway as requested from time to time by the Corps of Engineers, United States Army, or other proper federal agency.

(c)

The district shall obtain by gift, donation, purchase or condemnation and shall furnish to the United States, any property, property rights, easement and interest in property, outside of said right-of-way and designated spoil areas that may be necessary for the construction, maintenance and operation of said canal to be constructed and maintained within said right-of-way by the United States.

(d)

The district is authorized to acquire and obtain by gift, donation, purchase or condemnation and to transfer to the United States such lands, easements, rights-of-way and spoil disposal areas as may be required to effectuate the purpose and intent of all acts of the United States Congress as heretofore, or hereafter, enacted for the further improvement of said intracoastal waterway with a view to providing a project depth of twelve (12) feet, more or less, referred to the plane of local mean low water, and a width appropriate to said depth and such other improvements as may be authorized and adopted by the Congress, from time to time, and in connection with the subsequent maintenance of said waterway, as so improved.

(e)

The district is authorized to contract for the purchase of any property acquired by it and to pay the purchase price therefor in installments or deferred payments upon such terms as the board shall determine; said contract may provide for payment of interest not to exceed twelve (12) percent per annum upon deferred payments.

(f)

The funds to be used for the purchase of right-of-way, spoil areas and other property shall be obtained by said board either from a tax levy or levies as hereinafter provided, or borrowed upon its obligations as herein provided.

(Laws of Fla., Ch. 61-1590, § 6; Laws of Fla., Ch. 79-435, § 3; Laws of Fla., Ch. 81-337, § 1)