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Resolution 76-15059 RESOLUTION NO. 76-15059 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR THE USE AND APPLICATION OF FUNDS RECEIVED FROM THE STATE OF FLORIDA PURSUANT TO CLAIMS BILL SB 1316 , RELATING TO THE CITY' S OCEAN OUTFALL. WHEREAS, the City of Miami Beach has filed with the Legislature of the State of Florida a Claims Bill (SB 1316) for reimbursement to the City of Miami Beach for the construction costs of the City' s ocean outfall; and WHEREAS, the City Council of the City of Miami Beach, by this resolution, does hereby express its intention with respect to the use and application of funds received from the State of Florida pursuant to said Claims Bill SB 1316; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, as follows: Section 1. It is the specific intention and purpose of the City of Miami Beach to apply all funds received from the State of Florida pursuant to Claims Bill SB 1316 for the exclusive purpose of repaying the amount of the bonded indebtedness incurred by the City of Miami Beach for the construction of the City of Miami Beach ocean outfall. Section 2 . This resolution has the force and effect of a binding contractual obligation on the part of the City of Miami Beach, Florida, with respect to the use and application of said funds. Section 3. The City Clerk shall forthwith transmit a certified copy of this resolution to D. Stephen Kahn, Special Master for the Florida Senate, and to Thomas F. Woods, Special Master for the Florida House of Representatives. Section 4. This resolution shall take effect immediate- ly upon its passage and approval as provided by law. PASSED and ADOPTED this 3rd day' June , 1976 . ,; ' ,.r�.✓`fes✓ . ,. Mayor Attest: horizto . City Clerk - OFFICE OF THE CITY ATTORNEY - 1130 WASHINGTON AVENUE - MIAMI BEACH, FLORIDA 33139 ORIGINAL RESOLUTION NO. 76-15059 (Providing for use/a plication of funds rec'd from State ofp Fla. , pursuant to Claims Bill SB 1316, re CMB's Ocean Outfall) • 10