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Fort Walton Beach Resolution — 62-38-Golf Course Revenue for Use in Parks — reading text

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RESOLUTION NO. ' Z- 3~ A RESOLUTION PROVIDING THAT THE NET REVENUES FROM THE GOLF COURSE SHALL BE ANNUALLY APPRO- PRIATED FOR USE IN THE PARKS AND RECREATION DEPARTMENT OF THE CITY OF FORT WALTON BEACH; PROVIDING AN EFFECTIVE DATE HEREOF. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA: SECTION 1: That the net revenues of the Golf Course are be annually appropriated for the use hereby directed to and development of the Parks and Recreation Department in Beach. The term " net revenues" as the City of Fort Walton herein defined shall mean that revenue remaining after pay- ment of expenditures for the Golf Course. SECTION 2: That this Resolution shall take effect thirty 30) days after its passage and approval by the Mayor. ADOPTED: ; 25' . Jy~ Ire;; u l'? 5~!/ ~~~ APPROVED7<' Mayor ATTEST: d.. L lJ .fv~ City Clerk

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