Ordinance 87-2583 ORDINANCE NO. 87-2583
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA AMENDING THE FIRST TWO PARAGRAPHS
OF SECTION 31 OF THE MIAMI BEACH CITY CHARTER GOVERNING
"TAX LEVY TO PAY LOCAL IMPROVEMENT BONDS GENERALLY. . . " ,
BY PROVIDING THAT IT SHALL BE NECESSARY TO SUBMIT TO
THE ELECTORATE LOCAL IMPROVEMENT BONDS PLEDGED BY AD
VALOREM TAXES; PROVIDING FOR SEVERABILITY; REPEALING
ALL ORDINANCES IN CONFLICT THEREWITH; AND PROVIDING FOR
AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA.
SECTION 1.
That the first two paragraphs of Section 31 of the City Charter
of the City of Miami Beach, Florida are hereby amended to read as
follows:
Sec. 31. Tax levy to pay local improvement bonds generally;
local improvement bond fund; further provisions as to
local improvements.
For the payment of the principal and interest of all bonds
issued hereunder or under earlier provisions of the Charter
repealed hereby, as they mature. the city commission is h_rchy
authorized and-t-eqtii-reel to levy an annual special tax upon all
taxable property within the city over and above all taxes
authorized or limited by law or by the Charter of the city,
sufficient to pay the interest and principal of said bonds at
their several dates of maturity. The proceeds of such taxes,
after the payment of accruing interest upon the bonds, shall be
paid into a fund to be denominated "local improvement bond fund, "
which shall be used for no other purpose than the payment of the
principal of such bonds as they mature; provided however, that
the amount of such annual tax levy may be reduced by the amount
then contained in said local improvement bond fund, and by the
amount of assessments actually collected and then remaining in
the special assessment fund or funds applicable to said bonds as
hereinabove provided.
It shall not be necessary to submit to the electors of said
city the proposition of i-s-atrirtg--3a-i -4rd,a- making of said
improvements, or confirming the said special assessments, or any
other manner or thing herein authorized, except that it shall be
necessary to submit to the electors of the city the proposition
of issuing bonds referred to hereinabove. and aAll proceedings
of the city commission herein authorized may be taken by
resolution, any provision of the Charter or general laws of the
state to the contrary notwithstanding.
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SECTION 2. REPEALER
All Ordinances or parts of ordinances in conflict herewith be and
the same are hereby repealed.
SECTION 3. SEVERABILITY
If any section, sentence, clause or phrase of this ordinance is
held to be invalid or unconstitutional by any court of competent
jurisdiction, then said holding shall in no way affect the
validity of the remaining portions of this ordinance.
SECTION 4. EFFECTIVE DATE
This ordinance shall take effect ten (10) days after its
adoption, on October 17 , 1987 .
/s
PASSED and ADOPTED this 7th day of October, . •�:�, 0
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IV • 'OR
ATTEST:
t_524,41 ;0 iall--//
CITY CLERK
1st Reading - September 16, 1987
JKO/rg 2nd Reading - October 7, 1987
FORM APPROVED
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