HomeMy WebLinkAboutItem #80 - First Reading OrdinanceRUG -21-2001 16-40 DDA MIAMI
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51
PUBLIC HEARING ITEM
DISCUSSION OF PROPOSED MILLAGE RATE AND TENTATIVE BUDGET
FOR THE DOWNTOWN DEVELOPMENT AUTHORITY
A. PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK
.RATE.
RESPONSE; ELEVENTH PERCENT (11 %)
B. SPECIFIC PURPOSE FOR WMCH AD VALORF.M'CAX REVENUES
ARE BEING INCREASED.
RESPONSE
PURPOSE: DOWNTOWN ECONOMIC DEVELOPMENT PROGRAMS
COST %
$207,618 100
C. CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS
COMMENTS REGARDING THE PROPOSED MILLAGE .
INCREASE AND EXPLAINS THE REASONS FOR THE INCREASE
OVER THE ROILED BACK RATE.
D. ACTIONS BY THE CITY COMMISSION:
1 AMEND THE ADOPTED TENTATIVE BUDGET, IF
NECESSARY
2 RECOMPUTE THE PROPOSED MILLAGE RATE, IF
NECESSARY.
3 PUBLICLY ANNOUNCE THE PERCENT BY WHICH
THE RECOMPUTED PROPOSED MILLAGE RATE
EXCEEDS THE ROLLED BACK RATE.
4 ADOPT THE TENTATIVE MILLAGE RATE
5 ADOPT THE AMENDED TENTATIVE BUDGET
RVw4wed and approved
Alonso Menendez
DDA Chief of Staff
TOTAL F.C2