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Resolution No. 03-02 v RESOLUTION NO. 03-02 0 A RESOLUTION OF THE CITY OF ATLANTIC BEACH, FLORIDA, REQUESTING THE 2003 FLORIDA LEGISLATURE SAVE THE $30 MILLION ANNUAL BEACH MANAGEMENT TRUST FUND WHEREAS, Florida's number one tourist attraction is its beaches, and WHEREAS, beach-related tourism has a$41.6 billion impact on the state's economy, and WHEREAS, beaches contribute over $1 billion in tourist-related sales tax revenues annually, and WHEREAS, 442,000 jobs are created by beach-related tourist, with an $8 billion payroll resulting from additional spending related to Florida's beaches, and WHEREAS, over half of Florida's 825 miles of sandy beaches are experiencing erosion, with 333 miles designated by the Department of Environmental Protection as critically-eroded, le and WHEREAS, the Florida Legislature, pursuant to Chapter 161, F.S., has declared beach erosion to be a serious threat to the economic and general welfare of the state and its residents; and has further declared it to be a necessary responsibility to preserve Florida's beaches and make provision for beach nourishment projects, and WHEREAS, the Florida Legislature, in 1998, pursuant to s.161.091 and s. 201.15 (11), provided that designated funding of$30 million annually shall be deposited in the Ecosystem Management and Restoration Trust Fund, and that documentary stamp tax revenues shall be the source of that funding, and WHEREAS, this $30 million allocation has enabled Florida to develop a consistent, adequately-funded, priority-driven, long range management program to address critical erosion, and WHEREAS, this program represents a cost-effective intergovernmental partnership which leverages a dollar for dollar local government match, and up to 65% of the total project cost from federal sources. NOW, THEREFORE, BE IT RESOLVED that the City of Atlantic Beach strongly urges the Florida Legislature to fully fund the Department of Environmental Protection's beach erosion control project priority list for FY03-04 for $30 million as provided for in Chapters 161 • and 201, Florida Statutes, and Page Two 0 Resolution No. 03-02 BE IT FURTHER RESOLVED that the City of Atlantic Beach respectfully requests that the Florida Legislature oppose any legislative efforts to amend existing law which allocates $30 million annually in certain documentary stamp tax revenues to the Ecosystem Management and Restoration Trust Fund for purposes of beach preservation and repair. ADOPTED BY THE CITY COMMISSION this 10th day .0 eb ar 2003. ilk_ — 7 NI., eserve May. Approved as to form and correctness: IIII lan C. JO , squire City Atty. ey ATTEST: Otate#t) Maureen King, CM City Clerk 111