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83-113 -- ~ ~ n ESCLLUTION ~u. B 3 - ) J 3 A IlESOLUTIO.N OF THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA, URGJNG THE PINELLAS COUNTY DOARD OF COUNTY COMMISSIONERS AND THE TOURIST DEVELOPMENT COUl'~CIL TO ADOPT AN EQUITABLE FORMULA.. WHlLE MAINTAINING THE INTEGRITY OF AND NEED FOR ADVERT1SINC MONEY, FOR DlSTRI13UTlON OF TDC FUNDS FOR CONSTRUCTION OF TOURIST RELATED CAPITAL IMPROVEMENTS, . WHEREAS, the Pinellas County Board.ot County Commissioners and the Tourist Development Council (TDC) have determined that a portion of the revenues of the TOC should be used for construction of facilities that will promote tourism in Pinellas County: and ,WHEREAS, the City of Clearwater agrees with this use of TDC funds and City residents have. in fact, benefitted from the expenditure of such funds in connection with the construction of Ruth Eckerd Hall and preparation of the feasibility study for a convention center. and WHEREAS. in distributing these funds the Board of County Commissioners has provided a precedent in that it required the City of Clearwater to first put up its funds before TDC funds were distributed: and WHEREAS, the City of St. Petersburg is attempting to arrange financing for a stadium to be constructed at a downtown location and secks a commitment of TDC funds to be made as a part of that financing: and WHEREAS, the City of Clearwater encourages the use of TDC revenues to assist the stadium financing effort provided that an equitable apportionment of TDG funds available for tourist related capital improvements, is first made. and WHEREAS, the City of Clearwate>: notes that the following geographic areas contribute the indicated portion of the TDC's revenues: Area Portion of TDC Revenues Clearwater Upper Pinellas County St. Petersburg 30. 2% 43. 70;0 lZ.3% NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLO;RlDA. IN SESSION DULY AND REGULARLY ASSEMBLED, AS FOLLOWS: ~1- ,) ':' , ,- ,~'. . '..~'~'h: ;J<\,' ,~. ,:.:~:.i ., ~~,~,}~.>::".;::<,,:<\,/:,::,,"?r:~::;:~~;~:-,,~l~:, .'.. 11-3-83 :..,1,"':',: .. ,... >. < .f. : .:," : ~:. /: : . .,' '.. , . ~, ,\ , , . . ~~. '.,~".... /", \'" .... :. ,~.. _,"'. ),..{,} ';.-r ...... 'r ' "I . I '.. ~ I. \..... '. , ,