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Resolution 86-18649 RESOLUTION NO. 86-18649 A RESOLUTION OF THE MIAMI BEACH CITY COMMISSION INFORMING THE ELECTORATE OF THE NEED TO VOTE "YES" ON THE PROPOSED AMENDMENT TO THE FLORIDA CONSTITUTION TO THE HOMESTEAD PROPERTY TAX EXEMPTION AT THE GENERAL ELECTION ON NOVEMBER 4, 1986. WHEREAS, the City Commission of the City of Miami Beach has joined in informing the electorate of the need to vote "Yes" on the proposed amendment to the Florida Constitution to the homestead property tax exemption at the general election on November 4 , 1986; and WHEREAS, a proposed amendment to the Florida Constitution would, if approved by the voters, change the method of applying the $25,000 homestead property tax exemption; and WHEREAS, the proposed amendment would exempt the first $5,000 of assessed value, plus 50% of the assessed value in excess of $5,000 , the total exemption not to exceed $25,000; and WHEREAS, all citizens and homeowners should pay something for local governmental services; and WHEREAS, this amendment would provide the local government' s revenues to offset, in part, loss due to the Federal Government' s change in Federal revenue sharing. That the City Commission of the City of Miami Beach urges the electorate to vote "Yes" on the proposed amendment to the Florida Constitution as a method of applying the homestead property tax exemption to meet the changing needs of government and to partly offset the loss of Federal revenue sharing; and That the City Manager is hereby authorized to distribute a copy of this resolution to the media. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, to inform the electorate of the need to vote "yes" on the proposed amendment to the Florida Constitution to the Homestead property tax exemption at the General Election on November 4, 1986. PASSED and ADOPTED this 15th day of October 986 . MA •R FEST: `CITY CLERK a ;-.° 'v in A.L., :ssG iii.:L' G -sted by Sidney Weisburd) By �,,,� Dal ORIGINAL RESOLUTION NO, 86-18649 Informing the electorate of the need to vote "YES" on the proposed amendment to the Florida Consititution to the Homestead Property Tax Exemption at the General Ele- ction on November 1986)