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HomeMy Public PortalAboutRES 04/11RESOLUTION 004 -11 A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA, SUPPORTING A NOVEMBER 2, 2004 REFERENDUM FOR THE LEVY OF A DISCRETIONARY HALF CENT SALES TAX BY THE SCHOOL DISTRICT TO CONSTRUCT AND RENOVATE PUBLIC SCHOOLS IN PALM BEACH COUNTY ACCORDING TO A COMPREHENSIVE PLAN. WHEREAS, the Town Commission of the Town of Gulf Stream, Florida recognizes an attractive, viable public school system is vital for providing quality education and learning environments, for attracting and retaining businesses within Palm Beach County, and helping sustain a meaningful quality of life for all county residents; and WHEREAS, the School Concurrency Interlocal Agreement was approved in January 2001 which establishes a Countywide public school concurrency process to limit public school overcrowding; and WHEREAS, lack of funding within the School District for the costs of construction, replacement, expansion and modernization of new and existing public school facilities, upgrades to the newest technology, and acquisition of land, has become acute; and WHEREAS, the School District requires a new funding source to complete the planned construction projects; and WHEREAS, the School Board has determined that there is a need for 15 new schools and 27 replacement schools within the next five years that requires an additional funding source; and WHEREAS, the School Board adopted a plan, consistent with the provisions of law, for use of the proceeds from the levy and collection of a surtax for this purpose; and WHEREAS, the School Board thoroughly examined alternative funding options and concluded that a half -cent sales tax would save approximately $300 million in debt service cost associated with a property tax; and WHEREAS, numerous independent citizens review committees have scrutinized the sales tax proposal and endorsed the plan; and WHEREAS, the sales tax will not only benefit children in our schools but will also benefit our communities by providing quality facilities for after -hours community learning centers, adult education programs and emergency storm centers; and WHEREAS, adequate safeguards have been included in the plan to assure the funds are dedicated to capital outlays, the tax sunsets at the end of six years and the approved comprehensive countywide plan creates and independent citizens oversight committee to ensure that School District fulfills its plan for school construction and renovations using the sales tax revenue. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA to endorse the referendum for a surtax of % cent per dollar for the purpose of financing the comprehensive plan for construction, replacement, expansion and modernization of public schools countywide. PASSED AND ADOPTED THIS Vl MAYOR (SEAL) A17 T�" TOWN CLERK 17th day of September 2004. TOWN OF GULF STREAM COMMISSIONER A��- C MI SIONER , COVS S I ON COMMISSIONER