S.B. No. 1373 25-1 COMMITTEE AMENDMENT NO. 1 25-2 Amend S.B. 1373 as follows: 25-3 (1) On page 3, line 15, strike "cogeneration" 25-4 (2) On page 13, line 5 after "purposes;" add: 25-5 "provided, that during each interval of three calendar years 25-6 following the commencement of collection of such tax, the Board 25-7 shall, consistent with the district's authorized powers and 25-8 purposes, and in its sound discretion, endeavor to apply an annual 25-9 average of not less than 10% of the net proceeds of such tax 25-10 collections, after deduction of the general and administrative 25-11 costs and expenses of the district and the costs and expenses of 25-12 levying, assessing and collecting such taxes, toward mitigation of 25-13 the impact of development within the district on adjacent areas, 25-14 including without limitation, effects on public utilities and 25-15 services, public transportation and traffic movement, and scenic 25-16 and aesthetic beauty." 25-17 Bosse