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Resolution 2013-063 RESOLUTION 2013-6 3 A RESOLUTION BY THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS PROVIDING NOTICE OF THE UTILITZATION OF THE ELIGIBLE TRANSPORTATION EXPENDITURES FOR THE PRECEDING FIVE (5) YEARS AS THE BASIS FOR THE DISTRIBUTION FORMULA FOR THE ADDITIONAL FIVE CENTS AND SIX CENTS FUEL TAXES PURSUANT TO SECTION 336.025(1)(a) & (b),FLORIDA STATUTES. WHEREAS, Section 336.025(1)(a) and (b), Florida Statutes, authorized the County to levy an additional Five Cents and Six Cents in local option fuel taxes by ordinance adopted by the membership of the governing body of the County' and WHEREAS, Collier County had previously adopted ordinances levying and extending the additional Five Cents and Six Cents fuel tax; and WHEREAS, the additional Five Cents and Six Cents fuel taxes may be distributed pursuant to Section 336.025(4)(a), Florida Statutes, without an interlocal agreement; and WHEREAS, Collier County has previously extended the levy of the additional Five Cents and Six Cents fuel taxes by ordinances adopted by a majority plus one vote of the membership of the governing body of the County where needed to the year 2025; and WHEREAS, Collier County staff has prepared the necessary distribution formula attached hereto as Exhibit "A" to this Resolution based upon the eligible transportation expenditures of the preceding five (5) years. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA that: It has been the intent of this Board to extend the imposition of the additional Five Cents and Six Cents fuel taxes up to and including year 2025 or until terminated, changed or amended by the Board of County Commissioners; and 1 BE IT FURTHER RESOLVED, that: Such calculation shall under no circumstances materially or adversely affect the rights of holders of bonds outstanding on July 1, 1986, which are backed by taxes authorized in Section 336.025(1)(a), Florida Statutes, and the amounts distributed to the Collier County and each municipality shall not be reduced below the amount necessary for the payment of principal and interest and reserves for principal and interest as required under the covenants of any bond resolution outstanding on the date of the recalculation. BE IT FURTHER RESOLVED, that: The proportions shall be recalculated every five (5) years based on the transportation expenditures of the immediately preceding five (5) years. PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier County, Florida, this ta day of M&YC-kt , 2013, after motion, second and majority vote favoring same. r b ATTar BOARD OF COUNTY COMMISSIONERS DW_Cr1lr�'E.,BRQCK;Clerk C .IER CO TY, FLORIDA A. t� A efil By A"!st as t' iiitk v GEORGIA A. HILLER, ESQ., Chairwoman signature only., Approved as to Form and Legal Sufficiency: ( � IA/ 117114 leen M. Greene Assistant County Attorney 05-COA-01260/311 2 Exhibit "A" Five Cents & Six Cents Local Option Fuel Taxes Updated Distribution Percentages Based on 5 Years of Transportation Expenditures(FY 07-FY 11) Updated % Local Government Distribution Unincorporated County 85.48% City on Naples 8.21% City of Marco 6.12% Everglades City 0.19% Total 100.00%