When property of the authority is leased, it shall be exempt from ad valorem taxes only if the use by the lessee qualifies the property for exemption under s. 196.199.History.???s. 13, ch. 29996, 1955; s. 13, ch. 73-327; s. 13, ch. 2009-111.349.14???Eligibility for investments and security.???Any bonds or other obligations issued pursuant to this chapter shall be and constitute legal investments f