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2004-R-11 '-' ...,; RESOLUTION NO. 2004-R-ll A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDGEW A TER, FLORIDA; IN SUPPORT OF THE COUNTY OF VOLUSIA'S PROPOSAL OF A $65.5 MILLION DOLLAR BOND PROGRAM TO ADVANCE ROAD PROJECTS IN THE FIVE YEAR ROAD PROGRAM; REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH; PROVIDING FOR APPLICABILITY, SEVERABILITY AND AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Edgewater, Florida, has made the following determinations: 1. The County of Vol usia is proposing a $65.5 million dollar bond program to advance road projects listed in the Five Year Road Program; and 2. The County will pledge $5 million in gasoline tax revenue annually for the twenty year term of the program with actual repayment from impact fees; and 3. A local project listed in the Program is the widening of loth Street (Phase 2 and Phase 3) from US #1 to Old Mission Road with the widening scheduled to start by 2006/2007 with an estimated cost of this Project to be approximately $7.3 million dollars. NOW, THEREFORE, be it resolved by the City Council ofthe City of Edge water, Florida: Section 1. The City of Edge water supports the County of V olusia' s proposing of a $65.5 million dollar bond program to advance road projects listed in the Five Year Road Program (attached hereto and incorporated herein as Exhibit "A"). Section 2. The City of Edgewater appreciates the interest and support of the County in their attempt to expedite the Projects listed in the Five Year Road Program. Section 3. Conflicting Provisions. All resolutions or parts of resolutions in conflict 2004-R-ll 1 ~ .., herewith be and same are hereby repealed. Section 4. Severability and Applicability. If any portion of this resolution is for any reason held or declared to be unconstitutional, inoperative, or void, such holding shall not affect the remaining portions of this resolution. If this resolution or any provisions thereof shall be held to be inapplicable to any person, property, or circumstances, such holding shall not affect its applicability to any other person, property, or circumstance. Section 5. adoption. After Motion bYCouncilman Brown Adoption and Effective Date. This resolution shall take effect upon and Second by Councilwoman Lichter the vote on this resolution was as follows: Mayor Donald A. Schmidt Councilman James P. Brown Councilman Dennis A. Vincenzi Councilwoman Harriet E. Rhodes Councilwoman Judy Lichter AYE X NAY X Ahesent X x 2004-R-ll 2 PASSED AND DULY ADOPTED this 19th day of July, 2004. For the use and reliance only by the City of Edgewater, Florida. Approved as to form and legality by: Paul E. Rosenthal, Esquire City Attorney Foley & Lardner 2004-R-11 CITY COUNCIL OF THE CITY. EDGEDW/�/AjQ�T1/EX'/R, FL A Donald A. Schmidt Mayor Robin L. Matusick Legal Assistant/Paralegal Approved by the City Council of the City of Edgewater at a meeting held on this 19th day of July, 2004 under Agenda Item No. 6 F . ! | |aaa| | !|| | , E ■| ■ !! ' � |■ | | ' � |■ | !. ■ | ■ § �■ : ■ § ■ .\ § | |■||■ � ||�■| � as � }|�§ l.�. |!�| ;||| ■ ,, ■ | | � ■■ � || ■ ■ § 1 11111§ � § § ] |||■ �