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i i 2/22/96CorC1\9;astax. doc�Ow <br />79 <br />ORDINANCE 96- 11 <br />AN ORDINANCE OF INDIAN RIVER COUNTY, <br />FLORIDA, EXTENDING THE VOCAL OPTION GAS <br />TAX FOR 30 YEARS AND AMENDING THE <br />DISPOSITION OF PROCEEDS. <br />WHEREAS, Section 336.025, F.S. authorizes the levy of a local <br />option gas tax; and <br />WHEREAS, the County adopted an ordinance establishing said tax <br />(Chapter 209, Indian River County Code); and <br />WHEREAS, said tax has a current termination date of August 31, <br />1996; and <br />WHEREAS, an extension of this tax for the maximum period allowed <br />by law is in the public interest; and <br />WHEREAS, the disposition of proceeds should also be addressed, <br />MEMORHMEM11••�III ii 5 :••�III 111111M• <br />COMMISSIONERS OF INDIAN RIVER COUNTY, that: <br />SECTION 1. AMENDMENT. <br />Section 209.03 which reads as follows <br />Section 209.03. Effective date. <br />The tax imposition hereby made shall be effective from <br />September 1, 1985 to August 31, 1996, both inclusive. <br />is hereby amended to read as follows <br />The tax imposition hereby made shall be effective from <br />September 1, 1996 to August 31, 2026, both inclusive. <br />Section 209.04(a) which reads as follows. <br />Section 209.04. Disposition of proceeds. <br />(a) Pursuant to the interlocal <br />agreement <br />date. <br />Section <br />into <br />between the county and municipalities <br />209.03. <br />within the <br />Effective <br />The tax imposition hereby made shall be effective from <br />September 1, 1996 to August 31, 2026, both inclusive. <br />Section 209.04(a) which reads as follows. <br />Section 209.04. Disposition of proceeds. <br />(a) Pursuant to the interlocal <br />agreement <br />entered <br />into <br />between the county and municipalities <br />within the <br />county <br />