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RESOLUTION 85-18174 RESOLUTION NO. 85-18174 A RESOLUTION TENTATIVELY FIXING AD VALOREM MILLAGE AT 8.554 MILLS FOR GENERAL OPEARATING AND 4.005 FOR DEBT SERVICE AND LEVYING TAXES FOR THE CORPORATE PURPOSES OF THE CITY OF MIAMI BEACH, FLORIDA, FOR THE FISCAL YEAR COMMENCING ON THE 1ST DAY OF OCTOBER, 1985, AND ENDING ON THE 30TH DAY OF SEPTEMBER, 1986. BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that, pursuant to the provisions of all applicable law, there be, and there is hereby, tentatively levied a tax for the year A. D. 1985, on all taxable and non-exempt real and personal property located within the corporate limits of the City of Miami Beach, Florida, as follows: (a) For the purpose of carrying on the government and the administration of the City and to provide funds for the support and maintenance of the several City departments, and, also, for appropriate reserves and contingencies, including a reserve for the tax discounts and abatements of uncollected taxes, 8.554 mills on the taxable non-exempt property in the City of Miami Beach as computed by and certified to this City by Metropolitan Dade County. (b) For the purpose of paying principal and interest due on all outstanding bonds and notes of the said City duly issued, and for a reserve for tax discounts and abatements for uncollected taxes, 4.005 mills on the dollar of the taxable non-exempt just valuation of all said property in said City as computed by and certified to the City by Metropolitan Dade County. BE IT FURTHER RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that said total millage of 12.559 mills was tentatively fixed and determined in the manner provided by all applicable provisions of law, and is in compliance therewith and that the valuations given to the City of Miami Beach by the Director of the Department of Property Appraisal for Metropolitan Dade County were utilized without exception by the City. Final adoption of the millage rate will be at the second public hearing scheduled for September 18, 1985. PASSED and ADOPTED this 11th day of September,1985 MAY R Attest: 9-1/ /4, CITY CLERKFOriM APPROVED LEGAL DEPT. „41. ‘J{54/;)4006mAal Date -- r fres ORIGINAL RESOLUTION NO. 85-18174 (Tentatively fixing Ad Valorem Millage at 8.554 mills for general operating and 4.005 for debt service and levying taxes for the corporate purposes of the City of Miami Beach, Florida, for the fiscal year commencing on the 1st day of October, 1985 and ending on .the 30th day of September 1986)