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HomeMy WebLinkAboutItem #70 - First Reading Ordinance J-91-686 9/5/91 ORDINANCE N0. 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 MILEAGE AND LEVYING TAXES IN SAID DOWNTOWN DEVELOPMENT DISTRICT FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1991 AND ENDING SEPTEMBER 30, 1992, 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 MILEAGE AND THE TAXES LEVIED HEREIN SHALL BE IN ADDITION TO THE FIXING OF THE MILEAGE AND THE LEVYING OF TAXES WITHIN THE TERRITORIAL LIMITS OF THE CITY OF MIAMI AS REFLECTED IN THE CITY'S MILEAGE-LEVY ORDINANCE FOR THE AFORESAID FISCAL YEAR WHICH IS REQUIRED BY CITY CHARTER SECTION 27; PROVIDING THAT THE FIXING OF THE MILEAGE 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 MILEAGE OR LEVYING TAXES BUT SHALL BE DEEMED SUPPLEMENTAL AND IN ADDITION THERETO; CONTAINING A REPEALER PROVISION, SEVERABILITY CLAUSE AND PROVIDING FOR AN EFFECTIVE DATE. ~rRu 1E Su R~n WHEREAS, the Tax Asse or of Metro-Dade Cou t~ Florida, a political subdivision of he State of Florida, ermined the nonexempt aggreg to valu ion of taxable roperty, real and personal, in th own wn Developmen ict of the City of Miami to $ ,0 ,646; NOW E EFORE, BE I RDAI ~D Y THE COMMISSION OF THE CITY i OF MIAMI FLORIDA: Sects n 1. For t urpose of this Ordinance the "DOWNTOWN DEVELOPMENT DISTR T" is defined as that area within the territorial limits of the "City of Miami" as it now exists, with the boundaries thereof being designated in City of Miami Ordinance No. 10575, and more specifically described on Exhibit "A", attached hereto. Section 2. There shall be and is hereby levied upon the nonexempt assessed value of all property, both real and personal, Z