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Mr. Merrett Stierheim March 19, 1998 Page 2 none of these fees and would appreciate your assistance in securing remuneration of this amount. 3. Occupational License Fees. Jack Neustadt has met with Alex Rey Panama and Xiomara Vuelta of Occupational Licenses and Faye Goings, the Assistant Tax Collector for the County, all of whom have confirmed there are approximately 5104,000.00 in Occupational License fees collected for FYI 997 through 1998. It is agreed that 40% of those fees is due and owing to the City. Mr. Panama may need some direction from your office regarding payment of these fees inasmuch as the transition agreement is not specific on this point. It should be noted, however, that our immediate predecessor city, the Village of Pinecrest did receive its portion of Occupational License fees billed and collected by the County and we believe the City of Sunny Isles Beach is also entitled to its 40% share. 4. Solid Waste Franchise. The City believes it is owed the 12 1/2% of the franchise fees collected by the County from commercial haulers from the date of incorporation to the present. Please advise as to this amount. B. Revenues During Transition Period. The County has estimated ad valorem taxation collections to be approximately $3.2 million dollars for FY97 -98. E. Action Related to Revenues: The City will adopt an occupational license ordinance. 2. At this time, the City sees no economic benefit in adopting its own cable franchise ordinance and will continue under the iVliami Dade County Code. 3. The City shall opt out of the DERMI Utility StormWater District and is in the process of developing an Interlocal Agreement with Miami Dade Water and Sewer Department and DER-M for the billing and collection of the City's storm water utility fee. In addition, the City will be adopting the Interlocal Agreement to be a participant in the