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HomeMy WebLinkAboutResolution_06-20_2/13/2020 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. 11"'0% J P AS .4,N CGUNty RESOLUTION Date 06-20 2-13-2020 Motion Vice-Mayor Kristi Johnson Second Council Member Vince Arena FOR AGAINST ABSENT CONFLICT Mayor Abigail Brennan ® ❑ Vice-Mayor Kristi Johnson X I I ❑ Council Member Vince Arena ® I 1 ❑ Council Member Laurie Brandon ® I I I I n Council Member Kyle Stone ® ❑ ❑ The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: .' Afi_Ididf/ .igail :ren :n NETT.. Ac ATTEST: � GOA. PO rGN >! SEAL .\54 Y\(Li: iy\taxittozA._x \INCORPORATED Lori McWilliams, MMC NAN*4,19 OP Village Clerk '''**te*' 9,,C> NNNINIIIIIry111N�N