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effective as of January 1, 2004 with the collection of such <br />extended levy to commence June 1, 2004; <br />WHEREAS, to comply with the current provisions of Florida <br />Statutes Section 212.054(5), any extension of the 1989 Surtax <br />approved by ordinance of the Indian River County Board of County <br />Commissioners and approved by voters at a referendum must end at <br />the end of a calendar year, and <br />WHEREAS, the Board has thoroughly considered the options <br />available to it with respect to extension of the 1989 Surtax and <br />has determined that the 1989 Surtax should be extended through <br />December 31, 2019. <br />NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, AS FOLLOWS: <br />SECTION 1. AUTHORITY FOR THIS ORDINANCE. This Ordinance is <br />enacted pursuant to Sections 212.055(2), 212.054 (5), and <br />101.161(1) Florida Statutes, and other applicable provisions of <br />law. <br />SECTION 2. APPROVAL OF EXTENSION OF LEVY OF 1989 SURTAX. <br />Subject to voter approval as hereinafter set forth, the Indian <br />River County Board of County Commissioners, as the governing body <br />of Indian River County, Florida, hereby approves the extension of <br />the current levy of the 1989 Surtax for an additional period of <br />fifteen years and seven months beyond the fifteen year duration <br />established for the 1989 Surtax in the 1989 Ordinance. Solely to <br />comply with the current provisions of Florida Statutes Section <br />212.054(5), the extension of such levy shall be deemed to be for a <br />period of sixteen (16) years, effective January 1, 2004 and ending <br />December 31, 2019; however, the collection of such extended levy <br />.shall commence on June 1, 2004 and shall continue through December <br />31, 2019. Therefore, the collection of the extended levy of the <br />1989 Surtax will commence midnight 12:00 a.m., June 1, 2004 and <br />continue for a period of fifteen (15) years and seven (7) months <br />through December 31, 2019. <br />SECTION 3. SURTAX REFERENDUM. Pursuant to Florida Statutes <br />Section 212.055(2), a referendum election shall be held in Indian <br />River County, and the Supervisor of Elections shall cause to be <br />placed on the ballot for the November 5, 2002 General Election, the <br />question of the approval or disapproval of the extension of the <br />existing 1989 Surtax provided in Section 2 of this Ordinance. <br />