HomeMy WebLinkAboutR-02-0897J-02-652
7/26/02
RESOLUTION NO. 02- 897
A RESOLUTION OF THE MIAMI CITY COMMISSION
AUTHORIZING THE DOWNTOWN DEVELOPMENT
AUTHORITY ("DDA") TO ESTABLISH A PROPOSED
MILLAGE RATE OF ONE-HALF (1/2) MILL FOR THE
DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF
MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2002 AND ENDING SEPTEMBER 30,
2003; AUTHORIZING AND DIRECTING THE DDA TO
SUBMIT SAID PROPOSED MILLAGE RATE TO THE
MIAMI-DADE COUNTY TAX COLLECTOR, TOGETHER
WITH THE DATE, TIME AND PLACE OF THE PUBLIC
HEARINGS AT WHICH THE MIAMI CITY COMMISSION
WILL CONSIDER THE PROPOSED MILLAGE RATE AND
THE DDA TENTATIVE BUDGET FOR SAID FISCAL
YEAR.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The Downtown Development Authority ("DDA") is
authorized to establish a proposed millage rate of one-half (1/2)
mill for the Downtown Development District of the City of Miami,
Florida for the Fiscal Year beginning October 1, 2002 and ending
September 30, 2003.
Section 2. The DDA is authorized and directed to submit
said proposed millage rate for the Downtown Development District
to the Miami -Dade County Property Appraiser and the Miami -Dade
C'Jry CQMMTSSION
E==
J U L 2 5 2002
H�rs�sztioa �.
0 2 - 897
County Tax Collector together with the date, time and place at
which the Miami City Commission will hold public hearings to
consider said millage rate and the DDA's tentative budget for
said Fiscal Year as follows: September 11, 2002 at 5:05 P.M. at
the Manuel Artime Center, 900 Southwest 1st Street, Miami,
Florida, and September 26, 2002 at 5:05 P.M. in the Commission
Chambers at Miami City Hall, 3500 Pan American Drive, Miami,
Florida.
Section 3. This Resolution shall become effective
immediately upon its adoption and signature of the Mayor.!'
PASSED AND ADOPTED this 25th day of July 2002.
MANUEL A. DIAZ, MA
ATTEST:
PR CILLA A. THOMPPSSON, CITY CLERK
APPROVED -AS. TO ,FORM AND CORRECTNESS:
42RO VILARELLO
ATTORNEY
W6414:tr:LB:BSS
1� If the Mayor does not sign this Resolution, it shall become effective at
the end of ten calendar days from the date it was passed and adopted. If
the Mayor vetoes this Resolution, it shall become effective immediately
upon override of the veto by the City Commission.
Page 2 of 2 ry
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM 26
TO: The Honorable Mayor andDATE: FILE June 12. 2002
Members of the City Commission
SUBJECT: Proposed DDA Millage
Rate for FY'2002/03
FR i enez REFERENCES: For July 25, 2002
City Man ger City Commission
Meeting ENCLOSURES:
Recommendation
It is respectfully requested that the City Commission approve the attached
Resolution establishing the FY'03 Millage rate for the Downtown
Development Authority of the City of Miami, Florida.
Background
In 1980, the State of Florida Legislature enacted House Bill -41) entitled
"Truth in Millage" ( "TRIM BILL") which has been incorporated into the
Florida Statues under Section 200. The TRIM BILL also stipulates that the
proposed millage rate be submitted to the Property Appraiser and Tax
Collector and included in the City's tax notices mailed to property owners.
The City Commission is authorized under Chapter 14 of the City of Miami
Code to levy an additional ad valorem tax on all real and personal
property in the Downtown Development District, not to exceed one-half
(1/2) mill, for the purpose of financing the operations of the Downtown
Development Authority.
The proposed millage rate for the DDA for the Fiscal Year beginning
October 1, 2002 and ending September 30, 2003 is .5 mill.
The Miami City Commission must also establish the dates and times of the
first and second public hearings in connection with the DDA FY'02-03
proposed Millage Rate and Budget. As in
past year's the DDA's public hearings should be scheduled for the same
02- 8 9'7
dates as the City's.
cc: Alejandro Vilarello, City Attorney
Walter Foeman, City Clerk
02- 897