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HomeMy WebLinkAboutR-00-44 . RESOLUTION NO. R-OO-44 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, CLARIFYING COMMUNITY REDEVELOPMENT DISTRICT BOUNDARIES FOR PURPOSES OF FINANCING COMMUNITY REDEVELOPMENT TRUST FUND; PROVIDING FOR CONFLICTS HEREWITH; PROVIDING FOR EFFECTIVE DATE. WHEREAS, pursuant to Resolution R-95-12 the City Council of the City of Sebastian established the Sebastian Community Redevelopment District; and WHEREAS, the legal description contained in said Resolution, although ambiguous, when read in conjunction with the legislative history thereto indicates a northern boundary that gives no regard to keeping individual parcels intact; and WHEREAS, the division of individual tax parcels renders administration of the tax increment financing of the Community Redevelopment Trust Fund pursuant to City Code section 78-30 impractical. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SEBASTIAN, as follows: Section 1. For purposes of the tax increment financing mechanism for the Community Redevelopment Trust Fund pursuant to City Code section 78-30, any tax parcel of land that is dissected by the boundaries of the Community Redevelopment District under Resolution R-95-12 shall be deemed to be fully included within said District. Section 2. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby repealed. . .. Section 3. EFFECTIVE DATE. This resolution shall take effect immediately upon its adoption and shall be applied retroactively to March 22, 1995.. The foregoing Resolution was moved for adoption by Councilmember J/M- The motion was seconded by Councilmember ,f)cuWIL- and, upon being put into a vote, the vote was as follows: Mayor Walter Barnes Vice-Mayor Ben A. Bishop Councilmember Joe Barczyk Councilmember James Hill Councilmember Edward 1. Majcher, Jf. ~ ~L The Mayor thereupon declared this Resolution duly passed and adopted this 9th day of August, 2000. CITY OF SEBASTIAN, FLORIDA ATTEST: By: 1Aj~ \}J t~ Mayor Walter Barnes cZ<-. Approved as to form and legality for reliance by the City of Sebastian only: