HomeMy WebLinkAboutItem #38 - First Reading Ordinance'j
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J-92-595
9/10/92
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ORDINANCE N0.
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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
F.
TAXES IN SAID DOWNTOWN DEVELOPMENT DISTRICT
FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1992 AND ENDING SEPTEMBER 30, 19931 AT FIVE -
TENTHS (.5) MILLS ON THE DOLLAR OF THE
NONEXEMPT ASSESSED VALUE OF ALL REAL AND
PERSONAL PROPERTY IN SAID DISTRICT;
PROVIDING THAT SAID MILLAGE AND THE TAXES
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LEVIED HEREIN SHALL BE IN ADDITION TO THE
FIXING OF THE MILLAGE AND THE LEVYING OF
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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 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.
WHEREAS, the Tax Assessor of Metro -Dade County, Florida, a
. _ political
subdivision of the.State of Florida, has determined the
nonexempt
aggregate valuation of taxable property,
real and
personal,
in the Downtown Development District of the
City of
Miami to be $2,829,888,547;
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