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)