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HomeMy WebLinkAboutR-92-0684J-92-800 10/22/92 92-- 684_ RESOLUTION NO. A RESOLUTION URGING SUPPORT BY THE FLORIDA LEGISLATURE OF A BILL. EXEMPTING FOR A TIME CERTAIN STATEWIDE DISTRIBUTION SALES TAX COLLECTED IN DADE COUNTY; FURTHER DIRECTING THE CITY CLERK TO TRANSMIT A COPY OF THIS RESOLUTION TO THE HEREIN NAMED OFFICIALS. WHEREAS, Dade County was severely devastated by Hurricane Andrew leaving tens of thousands homeless and unemployed; WHEREAS, the property tax base for Dade County, and the municipalities therein, which includes the City of Miami, has been severely reduced due to diminution of assessed values throughout Dade County resulting from Hurricane Andrew; and WHEREAS, in addition to loss of ad valorem tax revenue, Dade County and the municipalities therein which includes the City of Miami, anticipate a drastic reduction in other fees and licenses outside of the construction industry; and WHEREAS, the damage caused by Hurricane Andrew puts Dade County, the City of Miami and the other municipalities in the County, at fiscal peril absent relief from the State of Florida; and WHEREAS, the only reliable source of revenue expected for Dade County the City of Miami and the other municipalities in the County, is the Sales Tax which is anticipated to increase as a direct and proximate result of the rebuilding that is taking place and coupled with the surge in retail sales as homeowners CITY COMMISSION MEETING OF, 0 CT 2 2 1992 Resolution No. 92- 684 I and businesses alike replace lost and damaged goods; and WHEREAS, the State has distributed the Sales taxes oolleoted throughout the State on an equal share back to each County in accordance to Chapters 212 and 218, Florida Statutes; and WHEREAS, it has been the policy of the State of Florida to recognize innovative financing and revenue programs to aid economic development and redevelopment, such as Tax Increment Financing (TIF) which is a program designed to freeze ad valorem taxes within an enterprise zone at a certain level and to use that projected increase in property value to finance bonds and to provide economic relief to businesses within the enterprise zone; and WHEREAS, all or a significant portion of Dade County has or will be declared a State enterprise zone for purposes of assisting business and local government; and WHEREAS, based upon the special and unique circumstances caused by Hurricane Andrew, it would not be inconsistent with State policy to freeze Dade County sales taxes at their 1992 level and to exempt from Statewide distribution that portion of Sales Taxes collected in Dade County for a time certain over and above that sum collected in 1992; and WHEREAS, the Miami City Commission urges the -State..to, -aupport legislation entitled: A bill exempting from statewide distribution for a time certain the excess portion of Sales Tax generated and collected in Dade County over and above the 1992 collections and amending Chapters 212 and 218, Florida Statutes -2- 92- 684 NOW, THEREFORE, HE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Miami City Commission hereby urges the State Legislature to enact legislation that for fiscal years 1993 and 1994 any increase in Sales Tax collections in Dade County over and above the 1992 collection shall be returned to Dade County and the municipalities affected therein, for use in the general fund of that governmental body to offset other sources of lost revenue caused by Hurricane Andrew. Section 3. The City Clerk is hereby directed to forward oertified copies of this resolution to the President of the Florida Senate, the Speaker of the Florida House of Representatives and members of the Dade Delegation. Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 22nd day of obey + 19 2. t' AT S MATTY HIRAI City Clerk XAVIER L �--$UAREZ , MAYOR I s —3— 92-- 684 PREPARED AND APPROVED BY: RAFAEL 0. DIAZ Deputy City At, ROD/pb/esk/M3263 rney APPROVED AS TO FORM AND CORRECTNESS: