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1986-21 5/fo -0.2/ O¡ , 8 8 ~-- INTERLOCAL AGREEMENT THIS AGREEMENT, entered into this 12th day of August, 1986 by and between the Board of County Commissioners of Lake County, Florida, hereinafter referred to as County, and the Municipalities who have signed this Agreement, hereinafter referred to as Municipalities. WHEREAS, Flor ida Statute 336.025 allows counties to impose . add i tional local option gas taxes to be usèd for transportation expenditures; and WHEREAS, in 1984 and in 1985, the County levied local option gas taxes in the total amount of four cents on each and every gallon of motor fuel and special fuel sold in Lake County, Florida, and taxed pursuant to Chapter 206 of the Florida Statutes; and WHEREAS, those previous four cents were distributed pursuant to a formula adopted by an Interlocal Agreement between the County and Municipalities representing more than hal f of the persons living within Municipalities in Lake County, Florida; and WHEREAS, the County wishes to increase the tax beg inning September 1, 1986 by an additional two cents, and WHEREAS, Flor ida Statute 336.025 allows the County and one or more Municipalities within Lake County representing a majority of the population of the incorporated area within Lake County to adopt by Interlocal Agreement a distribution formula for dividing the proceeds of the tax among the County and all eligible Municipalities; and WHEREAS, the County and Municipalities wish to have this additional two cents (fifth and sixth cent local option gas tax) distributed as provided in this Interlocal Agreement. NOW THEREFORE, it is agreed as follows: 1. This Agreement is entered into by County and Municipalities pursuant to Florida Statute 336.025 and 163.01. 2. This Agreement shall have no effect upon the first four cents of local option gas tax adopted pursuant to Florida Statute 336.025 and the distr ibution of such proceeds. It is intended Interlocal Agreement Page 1 . \. 8 8 , . ... that the previous Interlocal Agreement distribution formula adopted by County and Municipalities shall continue to govern for distribution of those original four cents gas tax. 3. Proceeds of the fifth and sixth cent local gas option tax, which shall be effective September 1, 1986 and continue for a period of thirty (30) years, pursuant to Lake County Ordinance, shall be divided among Lake County and the eligible Municipalities in Lake County in the following percentages: Lake County Leesburg Clermont Mount Dora Eustis Tavares Umatilla Astatula Montverde Minneola Lady Lake Fruitland Park Groveland Mascotte Howey-in-the-Hills 69.04% 7.60% 3.20% 3.35% 6.34% 3.19% 1.11% .51% .24% .50% 1.14% 1.41% 1.13% .88% .36% 4. This Agreement may be modified only if agreed to in wr i ting by County and Municipal it ies representing a major i ty of the population of the' incorporated area within Lake County, Florida. This Agreement entered into on the day and date first above written. LAKE COUNTY BOARD OF COUNTY COMMISSIONERS JAMES R. CARSON, JR., Chairman ATTEST: JAMES C. WATKINS, Clerk City of Clermont SAM/bc/8 Interlocal Agreement Page 2