HomeMy WebLinkAboutDocumentation_Regular_Tab 14_2/13/2020Agenda Item #14.
Regular Council
STAFF MEMO
Meeting: Regular Council - Feb 13 2020
Staff Contact: Keith Davis, Village Attorney Department: Legal
RESOLUTION NO. 06-20, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, DIRECTING THAT ALL UTILITY TAXES COLLECTED BY THE VILLAGE
ON WATER SERVICE PURSUANT TO VILLAGE CODE CHAPTER 70 ARTICLE IV BE DEDICATED
FOR THE SOLE PURPOSE OF FUNDING VILLAGE CAPITAL PROJECTS FROM TIME TO TIME
ATTACHMENTS,.�
Res 6-20 Utility tax revenue for capital project funding (002)
Page 436 of 557
Agenda Item #14.
RESOLUTION NO. 06-20
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, DIRECTING THAT ALL UTILITY TAXES
COLLECTED BY THE VILLAGE ON WATER SERVICE PURSUANT
TO VILLAGE CODE CHAPTER 70 ARTICLE IV BE DEDICATED FOR
THE SOLE E PURPOSE OF FUNDING VILLAGE CAPITAL PROJECTS
FROM TIME TO TIME; PROVIDING AN EFFECTIVE DATE AND FOR
OTHER PURPOSES.
WHEREAS, the Village of Tequesta, pursuant to Village Code Chapter 70 Article IV
collects utility taxes on the sale of electricity, gas and water; and
WHEREAS, utility tax revenue may lawfully be used for any municipal purpose as
determined by the Village Council; and
WHEREAS, the Village of Tequesta as do all municipalities, has ongoing and consistent
need to fund capital projects on Village facilities throughout the Village; and
WHEREAS, the Village Council desires to direct that utility tax revenue collected on
water service pursuant to Village Code Chapter 70 Article IV be dedicated for the sole purpose
of funding Village capital projects from time to time, in the best interest of the Village of
Tequesta.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, FLORIDA, AS FOLLOWS:
Section 1: The above recitals are true and correct and are incorporated into this
resolution as if fully set forth herein.
Section 2: The Village Council of the Village of Tequesta, hereby directs that all
utility tax revenue collected on water service pursuant to Village Code Chapter 70 Article IV be
dedicated for the sole purpose of funding Village capital projects from time to time, in the best
interest of the Village of Tequesta. Utility tax revenue collected on all other services (including
but not limited to electricity, gas, etc.) pursuant to Village Code Chapter 70 Article IV shall
remain unrestricted.
Section 3: This Resolution shall become effective immediately upon adoption.
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