Okaloosa County BOCC — February 4, 2014 — Interlocal Agreement

OKALOOSA COUNTY AND CITY OF CRESTVIEW INTERLOCAL AGREEMENT GRANTING RECIPROCAL APPROVAL TO ORDINANCES ESTABLISHING THE NORTH OKALOOSA TRANSPORTATION IMPROVEMENT DISTRICT, AND ITS TAX INCREMENT FINANCING WHEREAS, Florida Statutes Chapter 161, Part 1, permits agreements between and among counties and cities for the provision of public services and infrastructure; and WHEREAS, the City of Crestview and Okaloosa County have agreed to pass and be bound by the terms of the Ordinances establishing the North Okaloosa Transportation Improvement District, as defined in each ordinance, copies of which are attached; and WHEREAS, a part of the consideration given by each in approving and passing its respective ordinance is the reciprocal approval of the ordinance by the other. NOW THEREFORE IT IS AGREED by the City Council of the City of Crestview and by the County Commission of Okaloosa County that: 1) Each will be bound by their respective ordinance unless both the governing body of the City of Crestview and of Okaloosa County vote in a joint meeting called by either party to discontinue the District and to distribute its assets. 2) The District may only be terminated subject to any contractual commitments then outstanding by the District. 3) This Agreement is to be binding upon the parties only after approval by a majority of both the City of Crestview and City Council. This Agreement made and entered on the date each party signs its attached version of the ordinance establishing the North Okaloosa Transportation District Ordinance. CITY COUNCIL, CITY OF CRESTVIEW BOARD OF COUNTY COMMISSIONERS OF OKALOOSA COUNTY, FLORIDA By:______________________________ By: DAVID CADLE, MAYOR CHARLES K. WINDES, JR., CHAIRMAN