§ 2-29-35. Additional five-cent local option fuel tax—2007.

(1)

There is hereby levied a local option fuel tax in the amount of five cents ($0.05) upon every gallon of motor fuel sold in Manatee County and taxed under the provisions of Part I of Chapter 206, Florida Statutes.

(2)

The revenue from the five-cent local option fuel tax levied pursuant to subsection (1) above may be expended only for transportation expenditures as defined in Section 336.025, Florida Statutes, and in accordance with the limitations imposed pursuant to Section 336.025(1)(b)3., Florida Statutes.

(3)

Unless an interlocal agreement with one or more municipalities located in Manatee County representing a majority of the population of the incorporated areas within Manatee County is established providing for a different distribution among county government and all eligible municipalities within the county prior to June 1 of any year, the tax levied herein shall be distributed among county government and all eligible municipalities in the manner provided by Section 336.025(4), Florida Statutes.

(4)

Nothing herein shall limit the ability of Manatee County or any municipality receiving proceeds from the local option fuel tax imposed by this section from issuing bonds in the manner provided by law.

(5)

The imposition and rate of tax imposed in this section shall be effective January 1, 2007.

(Ord. No. 06-28, §§ 1—5, 4-11-06; Ord. No. 13-29, § 3(Exh. A), 7-30-13)