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73-16P.ESOLUTION NO .. ?3-16 ~~' _ , ~°IFiEREAS, the City of Atlantic Beach,, Florida, has built and expanded a suer treatment ,plant for the purpose of complying with Federal and Stag Pollution Lacos and ~r~iEREAS, the ,citi~ens° and property owners of the City of atlantic IIeach ha`~e obligated their '',real and personel property for the construction of,said plant and ~~fiEREA5, the extension of this facility to property beyond the City Limits o~ said City for the purpose of receiving and treating sewage from said outside sources requires a sewer service charge with applicable rate5'~specified in Section 1~-~ (City Code) increased by fifty percent. I~TOW, THEREFORE, BE IT RESOLVED BY THE CITY COA'IE~IISSION OF THE CITY OF ATLANTIC BEACH, AS FOLLOtdSa ', 1. The City Treasurer and ~3ayor-Commissioner is hereby directed to receive said money and apply the fifty percent in interest~bearinq securities that are most advantageous to the City°s~'interest. Said securities shall be entitled "City of Atlantic ;Beach, Sewer Plant Fund.'° ` The sole purpQSe .of ', the said °"Secrer Plant Fund'° shall be used for ;capital improvements -.~ to the secaer plant or the retirement of 'General Obligation Sewer Ronds. Passed by the City Commission on _ ~ ~'U 1Q?3. ATTESTa ~. ,; ;SEAL) Gloria J e I:nzght,, C y Clerk