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02-44 . '. . RESOLUTION NO. 02-44 A RESOLUTION OF THE CITY OF CLEARWATER, FLORIDA, SUPPORTING CURRENT LEVELS OF FUNDING FOR THE BEACH NOURISHMENT FUND; SUPPORTING FUNDING FOR PROMOTION OF TOURISM; PROVIDING AN EFFECTIVE DATE. WHEREAS, the CVB Board has approved and is recommending to the Pinellas County Board of County Commissioners (BCC) deferring payment of more than $2.4 million from the existing beach nourishment fund; and WHEREAS, 50% of the third-cent of tourist tax collected is dedicated by County Ordinance to Beach Renourishment; and WHEREAS, Pinellas County beaches are one of the County's irreplaceable and invaluable assets as, both environmentally and economically, they are unparalleled as a source of storm protection, a magnet for national and international tourism, and a provider of healthful recreation for all citizens; and WHEREAS, it is important to maintain an adequate marketing and promotion campaign in order to prevent further downturns in bed tax collections; now, therefore, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The City Commission of the City of Clearwater urges the Pinellas County Board of County Commissioners to look to all other possible sources of funding for the Tourist Development Fund before borrowing from or deferring payment to the Beach Renourishment Projects Fund. Section 2, This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 8th day of AUQust, 2002, Brian J. Aung Mayor-Comrru sioner Approved as to form: (lJk;t Attest: Pamela K. Akin City Attorney Resolution No. 02-44