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LETTER FROM COUNTY BOARD OF COMMISSIONERS RE FOUR-CENT LOCAL OPTION GAS TAX ~, , OF COUNTY I \t-lc~ COM~ISSIONE~S PINELLAS COUNTY. FLORIDA 316 COURT STREET CLEARWATER. FLORIDA 33618 f. I COM_"" BRUCE TYNDALL. CHAIRMAN CHARLES E. RAINEV, VICE-CHAIRMAN JOHN CHESNUT. JR. GEORGE GREER BARBARA SHEEN TODD June 25, 1985 ,~.. n r ':~" 'f' . f5' ~ [2 0111' "'ip:'~ :.-:::>' "'~,-,".~.....~\)-"~\;':; > ' JUN-7 "'. Mr. AnthDny ShDemaker, City Manager City .of Clearwater PDSt Office BDX 4748 Clearwater, FIDrida 33518 , ~ '-.--,,_.,~~~,,-- L~~,~~~~;~:.-:' ., Dear Mr. ShDemaker: As YDU are aware by nDW, the BDard .of CDunty CommissiDners has acted tD institute a fDur-cent LDcal OptiDn Gas Tax for Pinellas County, This action cDuld nDt have been accomplished withDUt YDur suppDrt and the support .of the .other cities. TherefDre, .on behalf .of nDt .only the BDard .of CDunty CDmmissioners. but residents and highway users, I wDuld like tD sincerely thank you for YDur help. b"or YDur informatiDn. I am attaching a copy .of the dDcuments that were part .of the BDard's actiDn. These dDcuments include the fDIlDwing: executed LDcal OptiDn Ordinance; executed Interlocal Agreement with Five Year Funding DistributiDn and Plan; and anticipated Ten-Year Funding PrDposal. I wDuld alSD like tD explain that due tD SDme last minute changes in the legislature, the BDard had tD, in turn, adjust its program. We had all relied upon the existing law permitting a bDnding capability fDr up tD ten years .of the entire four-cents. HDwever, this law was rewritten late this legislative session, increasing the LDcal OptiDn Tax frDm fDur cents to six cents. As part of the rewrite, the law was amended tD authDrize bonding .of .only the third, fourth, fifth, and sixth cents. When this law did gD intD effect, it remDved the ability tD bDnd the first tWD cents available to .our prDgram, as previDusly understDod. TherefDre, to preserve our ability ta bond the entire four cents. and have that aptiDn fDr at least a ten-year periDd. the Baard acted .on June 18 befare the effective date .of the new legislation. I must emphasize, it was the BDard' s intent that by dDing this it cDuld then hDnor the cDmmitment made tD bDnd the entire prDgram and make the maney available at the front-end of the program for expenditures. . PINELLAS COUNTY IS AN eaUAL OPPORTUNITY EMPLOYER . " I I June 25, 1985 Page 2 As you know, our five-year program of transportation projects is very well defined and understood. However, we will need to work with you on developing and finalizing a full ten-year program. I expect this will involve considerable discussion and review before all of the projects are approved. We will keep you informed and involved in these activities as they come forward. Again, I would like to thank you for your support, and we can now look forward to beginning to resolve the transportation problems of Pinellas County. ~ Fred E. Marquis County Administrator Attacrnnents