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91-05 v RESOLUTION 91- 5 A RESOLUTION OF THE CITY OF ATLANTIC BEACH, FLORIDA, AUTHORIZING THE USE OF CONVENTION DEVELOPMENT TAX REVENUE FOR CERTAIN PURPOSES, PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Atlantic Beach receives convention development tax revenue from the City of Jacksonville which is collected pursuant to Florida Statutes 212 . 0305, and WHEREAS, the City of Atlantic Beach is unable to use such revenue for any purpose authorized by Florida Statutes 212 . 0305 (4) (a) 3 , which are as follows: a. To extend, enlarge, and improve existing publicly owned convention centers. b. To construct a multipurpose convention/coliseum/exhibition center or the maximum components thereof as funds permit. c. To acquire, construct, extend, enlarge, remodel, repair, improve, or maintain one or more convention centers, stadiums, exhibition halls, arenas, coliseums, of auditoriums. NOW THEREFORE, be it resolved by the City Commission of the City of Atlantic Beach as follows: Section 1. The convention development tax revenue may be used to acquire and develop municipal parks, lifeguard stations, or athletic fields. Section 2 . This Resolution shall take effect immediately upon its final passage and adoption. PASSED by the City Commission of Atlantic Beach, Florida, this 11th day of February, 1991. Attest: 744--A-Lai (5-1-,4-: A L ._A /A : / MAUREEN KING Will-IV-7-GL Foe ' ' City Clerk Mayor, Presiding • I Approved as to form and correctness: LAN C. J r , ESQUIRE City Att, ey_