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RESOLUTION NO. 1557 MUMS, 8, t e Board of County Commissioners of Indian River County is authorised, under the provisions of Section 336.59 of the Florida Statutes, to levy an annual tax for road and bridge purposes; and YEAS, unddr the provisions of said Section 336.59 of the Florida Statutes, it is provided that one-half of the amount realised from such special tax on property within the City Limits of Vero Beach shall be turned over to said City to be used solely for the purpose of maintaining and repairing the roads and streets of said City; and WHEREAS, some heretofore unanswered fiscal questions have arisen from time to time with regard to an accounting to the City of Vero Beach on the part of Indian River County for the proper distri- bution of such funds; and WHEREAS, the County Engineer of Indian River County has, on behalf of the Board of County Commissioners of said County, presented to the Mayor and City Council of the City of Vero Beach on the date of February 4th, 1964, a statement showing the distri- bution of such funds so collected over a period of years, which report shows that such funds have been properly applied and accounted for to the City of Vero Beach; and WHEREAS, Indian River County has, during the period of time covered by said report, expended considerably more money on the roads and streets within the City of Vero Beach than it has .collected in taxa therefrom for road and bridge purposes; and WHIMS, the City Council of the City of Vero Beach is satisfied with such accounting and feels that the County Commis- sioners of Indian River County have made a showing of. a proper distribution of all sums to which the City pay have been entitled under the pr visioas of 'said section 336..59 of the Florida Statutes;