§ A3-11. Refunding bonds.  


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  • The authority is hereby authorized to issue from time to time refunding bonds for the purpose of refunding any bonds of the authority then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds. The authority is further authorized to issue from time to time bonds of the authority for the combined purpose of (a) refunding any bonds of the authority then outstanding, including the payment or [of] any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and (b) paying all or any part of the cost of acquiring, constructing, reconstructing, improving, extending, enlarging, or equipping any airport facilities or engaging in any additional industrial project, as the case may be, provided that no refunding bonds issued with respect to any industrial project shall be payable from the revenues of any airport facilities. The issuance of such bonds, the maturities and other details thereof, the rights and remedies of the holders thereof, and the rights, powers, privileges, duties and obligations of the authority with respect to the same, shall be governed by the foregoing provisions of this act [article] in so far as the same may be applicable.

(Laws of Fla., Ch. 81-436, § 12)