Reso 2023-3537 - Laserfiche WebLink

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WHEREAS, by ordinance, Miami -Dade County desires to relevy the six -cent local option fuel tax authorized by Section 336.025(1)(a), Florida Statutes, for the 30 -year period including January 1, 2024 through December 31, 2053; and WHEREAS, Miami -Dade County and various municipalities representing a majority of the population of the incorporated areas of Miami -Dade County desire to amend and restate their current interlocal agreement in order to reestablish the distribution formula currently being used to distribute local option fuel tax proceeds between the County and eligible municipalities for the 30 -year period including January 1, 2024 through December 31, 2053, NOW, THEREFORE, in consideration of the covenants contained herein, the receipt and adequacy of which are hereby acknowledged by all parties hereto, it is agreed as follows: 1. This amended and restated agreement shall become effective upon its approval by the governing bodies of the County and of municipalities representing a majority of the population of the incorporated area of Miami -Dade. 2. The distribution formula described in the original interlocal agreement provided in County Resolution No. R-903-98 has governed local option gas tax distributions for FY 1999- 2000 and each subsequent fiscal year for the entire term of the "1993 Local Option Gas Tax", as defined in Article IX, Chapter 29 of the Code of Miami Dade County, Florida, as amended. 3. The parties desire to have that same distribution formula govern gas tax distributions for any local option gas taxes relevied by Miami -Dade County pursuant to Section 336.025(1)(a), Florida Statutes, for the 30 -year period including January 1, 2024 through December 31, 2053. 4. Currently, Miami -Dade County has imposed and levied a local option gas tax of up to six cents, the net proceeds thereof had been previously allocated on the basis of 70.4 percent 2 MDC010