HomeMy WebLinkAboutItem #38 - First Reading OrdinanceJ-98-935
8/27/98
ORDINANCE NO.
AN ORDINANCE, WITH ATTACHMENT, RELATED TO TAXATION,
DEFINING AND DESIGNATING THE TERRITORIAL LIMITS OF
THE DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF
MIAMI, FLORIDA; FIXING THE MILLAGE AND LEVYING TAXES
IN SAID DOWNTOWN DEVELOPMENT DISTRICT FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1998 AND ENDING SEPTEMBER
30, 1999, AT FIVE -TENTHS (.5) MILLS ON THE DOLLAR OF
NONEXEMPT ASSESSED VALUE OF ALL REAL AND PERSONAL
PROPERTY IN SAID DISTRICT; PROVIDING THAT SAID
MILLAGE AND THE LEVYING OF TAXES WITHIN THE
TERRITORIAL LIMITS OF THE CITY OF MIAMI AS REFLECTED
IN THE CITY'S MILLAGE LEVY ORDINANCE FOR THE
AFORESAID FISCAL YEAR WHICH IS REQUIRED BY CITY
CHARTER, SECTION 27; PROVIDING THAT THE FIXING OF
THE MILLAGE AND THE LEVYING OF TAXES HEREIN SHALL BE
IN ADDITION TO SPECIAL ASSESSMENTS; PROVIDING THAT
THIS ORDINANCE SHALL NOT BE DEEMED AS REPEALING OR
AMENDING ANY OTHER ORDINANCE FIXING MILLAGE OR
LEVYING TAXES, BUT SHALL BE DEEMED SUPPLEMENTAL AND
IN ADDITION THERETO; CONTAINING A REPEALER
PROVISION, SEVERABILITY CLAUSE AND PROVIDING FOR AN
EFFECTIVE DATE. '0'&
WHEREAS, the Tax Assessor of iami-Dade County, Florida,
a
political subdivision of th;xof
of Florida, has determined the
nonexempt aggregate valu taxable property, real and
personal, in the
Miami to be $2,940,
NOW, THERE
OF MIAMI, FLO DA:
Secti 1.
lopment District of the City of
ORDAINED BY THE COMMISSION OF THE CITY
The recitals and findings contained in the