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
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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)