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Five cities in Broward County, Fla., have filed suit against Florida Power & Light Co. in state court, alleging the utility has been getting millions of dollars in property tax offsets that the cities had no constitutional authority to allow. The cities allege the reductions from the franchise fees the utility pays to the cities amount to indirect exemptions from property tax. They are asking for at least four years' worth of refunds.
August 29, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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