(1) STATE SHARED REVENUES. The City of Deltona shall be entitled to participate in all shared revenue programs of the State of Florida effective immediately on the date of incorporation. The provisions of s. 218.23(1), Florida Statutes, shall be waived for the purpose of eligibility to receive revenue sharing funds from the date of incorporation through the state fiscal year 1996-1997. Initial population estimates for calculating eligibility for shared revenues shall be determined by the University of Florida Bureau of Economic and Business Research. Should the Bureau be unable to provide an appropriate population estimate, the Volusia County Planning Department shall provide an appropriate estimate.
(2) GAS TAX REVENUES. Notwithstanding the requirements of F.S. § 336.025 to the contrary, the City of Deltona shall be entitled to receive local option gas tax revenues beginning October 1, 1996. The amount of said revenues to be distributed to the City of Deltona shall be in accordance with an interlocal agreement between Volusia County and the municipalities within said County that shall take effect July 1, 1996. In the event an interlocal agreement is not enacted by July 1, 1996, the said revenues shall be distributed in accordance with F.S. § 336.025.