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R99-030II RESOLUTION R9 9 -.¢~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, SUPPORTING PALM BEACH COUNTY'S BOND REFERENDUM FOR ISSUANCE OF GENERAL OBLIGATION BONDS FOR THE IMPLEMENTATION OF A LAND ACQUISITION PROGRAM FOR CONSERVATION PURPOSES BY FINANCING THE ACQUISITION OF, AND, IN SPECIFIC INSTANCES, THE COST OF CERTAIN CAPITAL IMPROVEMENTS TO, ENVIRONMENTALLY SENSITIVE LANDS, LAND FOR WATER RESOURCES, GREENWAYS, AGRICULTURAL LANDS, AND OPEN SPACE, NOT EXCEEDING $150,000,000; PROVIDING FOR DISTRIBUTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Palm Beach County Board of Commissioners proposes a Countywide referendum on March 9, 1999; and WHEREAS, the referendum seeks voter approval of issuance of general obligation bonds (GOB) in the amount of $150,000,000 to finance the acquisition of, and, in specific instances, the cost of certain capital improvements, to environmentally sensitive, lands, land for water resources, greenways, agricultural lands, and open space; and WHEREAS, the City Commission of the City of Boynton beach, Florida, is in agreement with the referendum proposed by the Palm Beach County Board of Commissioners; and WHEREAS, the City Commission of the City of Boynton Beach, Florida, has determined that support of said referendum would be in the best interest of the City; and WHEREAS, the City Commission has determined that the City will directly benefit from approval of the bond referendum. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA: Section 1. That the City Commission of the City of Boynton Beach hereby supports the Palm Beach County Board of County Commissioners proposed Countywide referendum on March 9, 1999, for general obligation bonds to implement a land acquisition program for conservation purposes by financing the acquisition of, and, in specific instances, the cost of certain capital improvements to, environmentally sensitive lands, land for water resources, greenways, agricultural lands, and open space, not exceeding $150,000,000. Section 2. The City Commission of the City of Boynton Beach hereby directs the City Clerk to distribute copies of this Resolution to each member of the Palm Beach County Board of Commissioners, County Administrator, and each municipality in Palm Beach County. Section 3. passage. That this Resolution shall become effective immediately upon PASSED AND ADOPTED this ~. day of March, 1999. Mayor Vi'ce May,~r ~/ / . Mayor Pro Te issioner Commissioner A'I-FEST: Ci~ Clerk . ........ ~llllllllilll~~