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460L` 4 RESOLUTION NO. 460 A RESOLUTION DECLARING THE AMOUNTS AND THE PRIORITY OF EXPENDITURE OF THE FEDERAL REVENUE SHARING FUNDS FOR THE CURRENT 1�a,� ENTITLEMENT PERIOD, AND PROVIDING AN jWrp EFFECTIVE DATE THEREFOR. (5" BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA: SECTION 1. That the following priority for expenditure of Federal Revenue Sharing Funds is hereby established by the City Council, together with the amount of expenditure for each priority. 1 . Salaries for Police Department due to increase- in force, $5,000.00 2. Street paving and Improvements, $16,000.00 3. Recreation, $10,000.00 4. Emergency and Contingency, $264. 00 SECTION 2. That this Resolution shall be effective retroactively to the Ist day of January, 1973. SECTION 3. That all Resolutions or parts of Resolutions in conflict herewith be and the same are hereby rescinded. The above and foregoing Resolution was presented by Councilman Severance who moved its adoption, said motion being seconded by Councilman Clinton , and, upon roll call vote, the said Resolution was duly declared adopted at a regular meeting of the City Council of the City of Edgewater, Florida, held on the 5th day of March, 1973, the vote of said Council upon roll call being as follows: ATTEST: ayor City Clerk `-- Councilman ��o r Approved this 5th day of February, A.D. 1973. This Resolution was prepared by Joseph E. Weaver, City Attorney.