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111111111111111111111 DIV 111111111111111 Iill liil <br /> 98030928 <br /> • <br /> Rcpt: 223929 Rec: 19.50 <br /> ORDINANCE NO.: 688 Ds: 0.00 IT: 00 <br /> 03/18/98 Dpty Clerk <br /> AN ORDINANCE OF THE CITY COUNCIL OF THE <br /> CITY OF ZEPHYRHILLS, FLORIDA, PURSUANT <br /> TO FLORIDA STATUTE 163.387; PROVIDING FOR ziw m <br /> THE CREATION AND ADMINISTRATION OF A CO <br /> COMMUNITY REDEVELOPMENT TRUST FUND (4=1 <br /> FOR THE . ZEPHYRHILLS REDEVELOPMENT <br /> AREA AS SET FORTH IN RESOLUTION NO.: 435 <br /> OF THE CITY COUNCIL OF THE CITY OF a CAI <br /> ZEPHYRHILLS FLORIDA; PROVIDING FOR THE <br /> DURATION OF THE COMMUNITY �mo <br /> REDEVELOPMENT PLAN; DESIGNATING THE "‘ <br /> COMMUNITY REDEVELOPMENT TRUST FUND p <br /> AS THE RECIPIENT OF FUNDS PURSUANT TO fl) x <br /> FLORIDA STATUTE 163.387(1); PROVIDING FOR <br /> ADMINISTRATION BY THE ZEPHYRHILLS <br /> COMMUNITY REDEVELOPMENT AGENCY; <br /> ACKNOWLEDGING THE FORMATION OF THE <br /> ZEPHYRHILLS REDEVELOPMENT AGENCY; <br /> PROVIDING FOR SEVERABILITY; PROVIDING <br /> FOR AN EFFECTIVE DATE. <br /> WHEREAS,the City Council of the City of Zephyrhills, Florida has adopted <br /> Resolution No.: 435 in which a finding of necessity for redevelopment was made <br /> 111 relating to specific areas all of which are located within the corporate boundaries of <br /> the City of Zephyrhills; and <br /> WHEREAS, said resolution describes the areas in which there exists <br /> conditions making said area eligible for designation under Chapter 163, Part III <br /> Florida Statutes; and <br /> WHEREAS, the City Council of the City of Zephyrhills, Florida desires to <br /> provide for the redevelopment of such areas, pursuant to the Community <br /> Redevelopment Act, as contained in Chapter 163, Part III, Florida Statutes. <br /> NOW THEREFORE, be it resolved by the City Council of the City of <br /> Zephyrhills, Florida, sitting in regular session, that: <br /> SECTION 1: That the City Council of the City of Zephyrhills, Florida <br /> hereby ratifies the vesting of those powers authorized by Florida Statute 163.370(1) <br /> in the Zephyrhills Community Redevelopment Area. <br /> SECTION 2: There is hereby established and created, in accordance with the <br /> provisions of Florida Statutes 163.387, a Community Redevelopment Trust Fund, <br /> hereinafter referred to as the "Fund", for the Zephyrhills Community Redevelopment <br /> Area, hereafter referred to as the "Area", which fund shall be utilized and expended <br /> for the purposes of and in accordance with the Community Redevelopment Plan, <br /> 1 <br /> Record and Return to: "" <br /> City Clerk's Office f "X� <br /> 5335 8th Street <br /> Zephyrhills, FL 33540 <br />