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HomeMy WebLinkAboutItem #17 - First Reading OrdinanceJ-91-20 12 /12 /90 ORDINANCE NO. AN ORDINANCE ESTABLISHING A NEW SPECIAL REVENUE FUND ENTITLED: "COCONUT GROVE SPECIAL EVENTS DISTRICT FUND" AND APPROPRIATING FUNDS IN THE AMOUNT OF TWENTY EIGHT THOUSAND ($28,000) DOLLARS CONSISTING OF MONIES RECEIVED OR TO BE RECEIVED RELATIVE TO THE ESTABLISHMENT OF THE COCONUT GROVE SPECIAL EVENTS SUPPLEMENTARY FEE (ORDINANCE NO. 10764); PROVIDING FOR FURTHER APPROPRIATIONS AND CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, on July 12, 1990, the City Commissio adopted Ordinance No. 10764 creatin a Coconut Grove S cial Events District, creating an e lishing a Coco ove Standing Festival Committ nd tablishing a u p mentary User Fee of twenty-five (2 %) rcent of the c t of ity services for. events held wit to h slid Distr t; a'r WH AS, it is ant c patted' that an estimated amount of twenty e.ght thousand ( 00) dollars in revenues will be received during Fiscal ear 1990-91 as a result of the implementation of said Supplementary User Fee; and WHEREAS, all revenues derived from said supplementary user fee shall be utilized for the maintenance, improvement and beautification of Peacock Park and the Coconut Grove Special events District; and WHEREAS, the Coconut Grove Standing Festival Committee shall serve as an instrument of advice to the City Commission and shall make recommendations to the City Commission concerning the expenditure of the Coconut Grove Special Events District Fund;