HomeMy WebLinkAboutR-96-91
\
RESOLUTION NO. R-96-91
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA
ESTABLISHING THE DEBT SERVICE FUND AMOUNTS
NECESSARY TO CARRY ON THE ACTIVITIES OF THE
RIVERFRONT WATERLINE ASSESSMENT PROGRAM AND
ESTIMATING RECEIPTS FOR THE FISCAL YEAR; PROVIDING
FOR SEVERABILITY; PROVIDING FOR CONFLICTS; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Sebastian, Indian River County, Florida, entered into an
agreement with Indian River County to construct the riverfront waterline project; and
WHEREAS, the City initiated the procedure to impose a special assessment in the
amount of $700,378 for the project;
WHEREAS, the City retains the right to collect the revenue from the special
assessment, but must pay the principal and interest on the loan to the Barnett Bank of the
Treasure Coast; and
WHEREAS, a Debt Service Fund budget has been developed containing actual
revenues and expenditures for fiscal year 1996;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT:
Section 1. The Debt Service Fund budget for the Riverfront Waterline Assessment
Program for the Fiscal Year beginning October 1, 1995 and ending September 30, 1996 a
copy of which is attached hereto and incorporated herein by this reference as Exhibit
"A", is hereby adopted and the appropriations set out therein are hereby made to maintain
and carry on activities of the program.
z
klUlOllV At!;)
'S;:llll;:lS Z;:lPUllUl;:ld ;:l!l;:lIIlA
--~ots" ~a~ (.)0 ti:>C)
'11;:lJ;) At!;)
tlVVOW;) 'ml10IJIlKO ~ uAnpll)J
~)J),9 JUt( ~P!~
:lU;:llUO;) pUll UllOd 01 SIl p;:lA01ddV
:lStll.LV
~OAIlW 'lqil!-JMllll;) ;:lS!TIO'l
1J"'~-',)("i,,,"RiJ .::x .. ?"' nr~) :AH
, .. C \.::~
VarnO'ld 'NVIlSVHtlS .10 AlD
'-'-661' -YJclif JJ%
JO Allp f7/i S!1p P;:lldopll pUll p;:lsSlld Alnp uOI1nlos;:l([ S!IJ1 p;:llllp;:lp UOdn;:ll;:l1p OAIlW;:l .
7~
~f!g
I _
UIl101JIlH AIl([ l;:lqW;:lWI!:lunO;)
Il)[:lllllll p1IlIJ:l!([ l;:lqW;:lWII:lunO;)
duma IlUllON l;:lqW;:lWIPunO;)
S;:lUlllH l;:llJllA\ 10AIlW ;:l:l!A
1IJiluMllIl;) ;:lS!nO'l1OAIlW
:SMOIJOJ SIl SIlM ;:llOA ;:lIJ1 ';:llOA Il ollnd ilu!;:lq
uodn 'pUll
c>enr
v
l;:lqW;:lWII:lunO;) Aq P;:lPUO:l;:lS SIlM uoqow ;:lql
VllU1l1fP
l;:lqW;:lWlpunO;) Aq UOqdOpll10J P;:lAOW SIlM uoqnIOS;:l([ s!1Jl "S UO!l:l3S
'U0I1dopll JO ;:llllp ;:lq1 uodn ;:lAq:l;:lJJ;:l ;:lWO:l;:lq IJIlIJS u0I1nlos;:l([ s!1Jl
"" UO!l:l3S
'P!lJUO:l q:lns JO 1U;:llX;:l ;:lip 01 P;:lIIl;:ld;:ll Aq;:ll;:lq
;:l11l lfIIM;:ll;:lq P!lJUO:l ill suoqnIOS;:l([ JO SllIld 10 suoqnIOS;:l([ IJV
"f UO!P3S
'uoqn[OS;:l([ S!IJ1]o SUO!S!AOld l;:llJlO
;:lip JO At!p!JIlA ;:lq1 p;:lJJIl AIlM ou U! IJIlIJS pUll P;:llIlUIW!I;:l SIl P;U;:lPISUO:l ;:lq IJllqs lllld P1[IlAUI
10 IlluoqmqsUO:lun q:lns 'PIIIlAUI1O IlluoqnmSUO:lun ;:lq 01 UOIpIpspnf 1U;:l1;:ldwo:l JO llTIO;)
AUIl Aq PPIJ ;:lq IJllqs uO!lnlos;:l([ S!q1 JO llIld 1;:lq10 10 'UO!l:l;:lS ';:lsnllp AUIl JI .Z UO!P3S
.
\ -
,:v" II8IHX3
:>I:JNV'IVa aNJ1ll snld IDmLIUN:>IdX:>I 'IVLOL
9t:E"~n $
09Z"81 $
:J:llAl:JS lq:Ja 10J P:JA.!:Js:Jll - :J:lUIlIIlH Pund
9LO-L II $
~8t"v
169'ZII $
9Et"~n $
9Enn
96 - S6 All
a:>lSOdOlld
aNJld 3:)IAH3S l~Ba
NVIlSV83S dO All:)
:>IlIJUIUN:>IdX:>I 'IV LOL
lS:J1:JlUI - :J:l!A.!:JS N:Ja
Illd!:lUUd - :J:llAl:JS lq:Ja
:>IlIJ1LIUN:>IdX:>I
:>IJ1N:>IA:>IlI 'IV LOL
sno:JUIlU:J:lS!W
:>IJ1N:>IA:>IlI
.
......
. .