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INgIAN RIy*ER_ COUNTY, FLORIDA <br />On Motion of Commissioner Waddell , seconded by <br />Commissioner the following Resolution was duly <br />,adopted: <br />WHEREAS, under the provisions of Chapter 24049, Laws of Florida, <br />Aets of 1947, as amended, all monies from registration of aircraft <br />we collected by the Motor Vehicle Commissioner; and <br />WHEREAS, the net proceeds from these monies after a deduction <br />for the necessary expenses of the Motor Vehicle Commission, are <br />deposited to the credit of the Florida Development Commission; <br />and <br />WHEREAS, fifty per cent (50%) of the monies collected by the <br />counties is refundable to the counties; and <br />WHEREAS, under the provisions of Section 18 of said Act it is <br />provided that the funds paid to the counties may be expended for <br />general purposes by said counties, but the counties may designate <br />the Florida Development Commission as their agent to expend said <br />funds for aeronautical purposes within the county if the county so <br />desires, and <br />WHEREAS, in the judgment of this Board, and the 'Board does so <br />determine that the Flnrida Development Commission is in a better <br />position to expend judiciously the county's share of the funds for <br />aeronautical purposes in this county, <br />NOW, THEREFORE, BE IT RESOLVED by the Board of County Cmmmissioners <br />of INDIAN RIVER County; <br />That the county does hereby designate the Florida Development Com- <br />mission as the county's agent to expend all funds which may accrue to <br />the nounty under the provisions of the Act hereinabove mentioned for <br />the calendar year (&) 1916 for aeronautical purposes within <br />this county, and that the State Comptroller be, and he is hereby author- <br />ized, empowered and directed to recognize the county's fifty per cent <br />(50%) of such funds for the calendar year as <br />monies expendable by Florida Development Commission for ;aeronautical <br />purposes as the agent of this county. <br />