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85-O-17ORDINANCE NO. 85-0-17 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA, ESTABLISHING A SPECIAL ASSESSMENT FUND FOR THE CITY OF EDGEWATER WHICH SETS FORTH REVENUES AND EXPENDITURES FOR THE PURPOSE OF COLLECTING AND DISBURSING ALL REVENUES AND EXPENDITURES RELATED TO THE PAVING OF CERTAIN DESIGNATED STREETS, PURSUANT TO FLORIDA STATUTES 170. AND RESOLUTIONS 85-R-21, 85-R-25, AND 85-R-31; CONTAINING A REPEALER PROVISION; ADVERTISEMENT; A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Edgewater, Florida, adopted Resolutions 85-R-21, 85-R-25, and 85-R-31, which designated certain streets within the City of Edgewater to be paved and improved under the authority of Chapter 170, Florida Statutes, and WHEREAS, a Special Assessment Fund must be established for the purpose of administering the revenues and expenditures related to said improvements, and WHEREAS, this action has been authorized by a motion of the City Council at the April 18, 1985, Special Meeting and Workshop which declared the Council's intentions, and WHEREAS, appropriate public hearings shall be held prior to the final adoption of this ordinance, NOW, THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF EDGEWATER, FLORIDA: SECTION 1: That a Special Assessment Fund is hereby established and declared to be known as the City of Edgewater Special Assessment Fund. SECTION 2: The City of Edgewater Special Assessment Fund revenues and expenditures are established and declared as follows: Source of Revenue Amount Anticipated Special Assessment Revenue $ 89,333. Transfer from General Fund 44,667 TOTAL REVENUES $ 134,000. A L Anticipated Expenditures Amount Anticipated Construction in Progress $ 134,000. (Street Improvements) SECTION 3: All ordinances, or parts of ordinances, and all resolutions, or parts of resolutions, in conflict herewith be and the same are hereby repealed. SECTION 4: The City Clerk is hereby directed to advertise this ordinance as required by law. SECTION 5: If any section, part of a section, paragraph, clause, phrase, or word of this ordinance is declared invalid, the remaining provisions of this ordinance shall not be affected. SECTION 6: This ordinance shall take effect immediately upon its adoption by the City Council of the City of Edgewater, Florida, and approved as provided by law. This ordinance was introduced by Ios,,..%'. �• This ordinance was read on first reading and passed by a vote of the City Council of the City of Edgewater, Florida, at a p. ae 6a, meeting of .said Council held on the I9 day of, 198--5' , and approved as provided by law. The second reading of this ordinance to be at a _no Om meeting of the City Council of the City of Edgewater, Florida, to be held on thejt.� day of 1198 �. ROLL CALL VOTE ON ORDINANCE 85-0-17 AS F WS: FIRST READING:aS MAYO COUN ILMAN ONE ONE COUNCILMAN - ZONE TWO COUNCI - Z E THREE 69�UNCILMAN - ,.ONE FOUR -2- Ord. 85-0-17 SECOND READING: COUNCILMAN ZONE THREE UR !SFNCILMAN - ZONE FOUR CITY CLERK This ordinance read and adopted on second reading at a meeting of the City Council of the City of Edgewater, Florida, and authenticated this _&.Lday of, 1985. MA OR -3- Ord. 85-0-17