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20 31110 <br /> ORDINANCE NO. <br /> AN ORDINANCE PROVIDING FOR THE ISSUANCE OF <br /> $900,000.00 IN REVENUE CERTIFICATES OF THE <br /> CITY OF ZEPHYRHILLS, PASCO COUNTY, FLORIDA, <br /> IN ANTICIPATION OF SANITATION COLLECTION <br /> FEES, OCCUPATIONAL LICENSE FEES, AND FUTURE <br /> REVENUES OF THE CITY OF ZEPHYRHILLS SEWER <br /> SYSTEM OF SAID CITY; AND FOR THE PURPOSE OF <br /> PAYING THE COSTS OF CONSTRUCTION OF THE EX- <br /> TENSION TO THE SEWER SYSTEM AND SEWAGE TREAT- <br /> MENT PLANT, AND MAINTENANCE OF SAME FOR THE <br /> CITY OF ZEPHYRHILLS, FLORIDA; AND THE EXPRES- <br /> SING OF CERTAIN COVENANTS AND UNDERTAKINGS ON <br /> BEHALF OF SAID CITY FOR SECURITY AND PAYMENT <br /> OF SUCH REVENUE CERTIFICATES. <br /> WHEREAS, the City of Zephyrhills, in Pasco County, Florida, <br /> is a municipal corporation, duly organized, existing, governed by <br /> and acting under Charter granted by the State of Florida, and <br /> WHEREAS, heretofore, and pursuant to the provisions of <br /> Florida Statutes, the City has been imposing certain taxes and fees <br /> consisting of occupational license fees, and sanitation collection <br /> fees, and that said City will continue to impose and collect such <br /> license fees and sanitation collection fees, and said City also <br /> collects certain revenues from the City sewer system, which amount <br /> is presently pledged as security for the repayment of Anticipa- <br /> tion Revenue Certificates, formerly issued to secure funds for <br /> the construction of Zephyr Haven Nursing Home, and <br /> WHEREAS, the City Council of the City of Zephyrhills, has <br /> previously secured a Need and Feasibility Report showing the neces- <br /> sity for expansion of the sanitary sewer system of the City of <br /> Zephyrhills, same being necessary to protect the health of the <br /> residents of the City of Zephyrhills and those sewers served by <br /> said sewer system residing outside the corporate limits of said <br /> City, and to allow for the future, proper and orderly growth of <br /> said City and development of surrounding area, and <br /> WHEREAS, the entire cost of the required expansion of the <br /> city sewer system and sewage treatment plant, is in the sum of <br /> $ 900,000.00 , and <br /> ' WHEREAS, the City of Zephyrhills has deceided to borrow <br /> the sum of $900,000.00 through the issuance and sale of the <br /> Anticipation Revenue Certificates in said sum is hereinafter <br /> authorized : <br />