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Resolution 86-18582 s. RESOLUTION NO. 86-18582 A RESOLUTION FIXING AD VALOREM MILLAGE AT 9.666 MILLS FOR GENERAL OPERATING AND 4.510 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, 1986, AND ENDING ON THE 30TH DAY OF SEPTEMB 1:R, 1987. 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, levied a tax for the year A. D. 1986, 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, 9.666 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, 4.510 mills on the dollar of the taxable non-exempt just valuation for 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 14.176 mills was 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. PASSED and ADOPTED this 10th day of September, 1986. (ZrkY0711 Attest CITY CLERK FORM APPROVED LEGAL DEPT.�� By 41( I,J /Vu • Date q- (i-K 0RIGINAL RESOLUTION NO. 86-18582 (Fixing Ad Valorem Millage at 9.666 mills for general operating and 4.510 for debt service and levying taxes for the corporat- 4110 ion purposes of the city of Miami Beach, Florida, for the fiscal year commencing on the 1st day of October, 1986, and ending on the 30th day of September, 1987)