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entity's percentage of transportation expenditures overthe previous. five (5) years plus one-third, of the entity's total percentage of popula don residing in, tile area based upon the 1984 estimate from the Florida Bureau of Economic and Business Research. By August 15 of each year, the county shall provide the Florida State Department of Revenue a certified copy of the distribution proportions established by interlocal agreement under-Ahis_section. The reviseddistribution of tax proceeds shall become effective on September i of each year. (c) If, during the term of the imposition of this tax, the county' or any of the municipalities become ineligible to receive a share of the local option gas tax for any reason, any funds otherwise undistributed because of ineligibility shall be distributed by the . department of revenue to eligible governments within Indian River County in proportion to other monies distributed pursuant -to" this section. (d) The distribution formula established herein shall also govern the division and distribution of proceeds ' of the local option gas tax imposed through August 31, but not collected otherwise available for distribution . until after August 31,, of the year this levy terminates. Sec. 209.05 Utilization of proceeds. Proceeds of the tax imposed herein shall be utilized only. 1 for transportation expenditures in accordance with the provisions and requirements of Florida Statutes section 336.025. SECTION 5. TOURIST DEVELOPMENT TAX rtic XXV o. Chapter .21 o t e old Code o n ianIver. • County "Tourist Development Chapter 210 - Tourist Development Tax to read as follows: Chapter 210. Tourist development tax. Sec. 210.01,Taxing district and levy. (a) There are hereby created two (2) taxing 'districts in which the tourist development tax is imposed. One. taxing district, encompasses the geographical boundaries of the City of Vero Beach. The secondtaxing district encompasses the remainder of geographical boundaries of Indian River County. ( ere iserebyadopte an ]mpose -a two (2per cent .tourist development tax • in accordance with Section. 125. IU, ori a Statutes, on the exercise wi n each of the taxing districts herein created of the taxable privilege of renting, leasing, or letting, for consideration any living quarters or accommodations in any hotel, apartment hotel, motel, rooming house, mobile home park, recreational vehicle .park, camping -space or condominium for a term of six (6) months or less. Seca 210.02 Tourist development plan. There are hereby adopted the plans for tourist development' for each district created by the tourist development council with regard to the specific revenues. and expenditures for the first twenty-four (24) months following the levy of the tourist development tax. The plans are attached hereto and by .this reference are hereby incorporated as if fully set forth herein. 4 SmeadSoft Reprint Date: Friday, September 27, 2013 - 10:59:13 - OfficialDccuments:581, Attachment Id 1, Page 4