HomeMy WebLinkAboutR-91-0520J-91-518
6/17/91
RESOLUTION NO. 9 5 % 0
A RESOLUTION AUTHORIZING THE EXECUTIVE
DIRECTOR OF THE DOWNTOWN DEVELOPMENT
AUTHORITY TO ESTABLISH A PROPOSED MILLAGE
RATE OF .5 MILLS FOR THE DOWNTOWN DEVELOPMENT
DISTRICT OF THE CITY OF MIAMI, FLORIDA, FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 1991,
AND ENDING SEPTEMBER 30, 1992.
WHEREAS, Section 200.065(2)(a)1, Florida Statutes (1989),
("TRIM BILL") requires each taxing authority to establish a
proposed millage rate; and
WHEREAS, said law stipulates that the proposed millage rate
be submitted to the Metropolitan Dade County Property Appraiser
("Property Appraiser") and the Tax Collector; and
WHEREAS, said rate reflects the levy necessary to realize
property tax revenues anticipated in the FY' 92 Budget; and
WHEREAS, the TRIM BILL requires that the proposed tax rate
be included on tax notices; and
WHEREAS, the proposed millage rate submitted to the Property
Appraiser is not binding but is necessary for the purpose of
preparation of tax notices;
NOW, THEREFORE, BE 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 Executive Director of the Downtown
Development Authority is hereby authorized to establish a
proposed millage rate for the Downtown Development District of
the City of Miami, Florida, for the fiscal year beginning
CITY COMMMSION
N EETING OF .,64�
JUL 11 1991
RISOLMON 14.
91- 520
---, i
October 1, 1991, and ending September 30, 1992, at .5 mills.1
Section 4. The Executive Director of the Downtown
Development Authority is also hereby instructed to submit said
proposed rate for the Downtown Development Authority to the
Property Appraiser.
Section 5. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this llth day of July , 1991.
ATT
MATTY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
? A 4 zz,/
E. MAXW LL
CH EF ASSISTAN CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
r
JO GE L . `F RN.
CI Y ATTORVEY
JEM/db/M2300
XAVIER L. SUAREZ.--�YOR
1 This millage rate is the rate computed by the City Commission.
-2-
91- 520
TO: The Honorable Mayor
Members of the City
FROM Cesar H. Odio
City Manager
Recommendation
CITY OF MIAW FLORIDA is
INTER -OFFICE MEMORANDUM
and
Commission DATE JUN Z 71991 FILE
SUBJECT Proposed DDA Millage
Rate for FY192
REFERENCES
For July 11, 199.1
ENCLOSURES C i t y Commission Meeting
It is respectfully requested that the City Commission approve the
attached Resolution establishing the proposed FY192 Millage Rate
for the Downtown Development Authority (DDA).
Background
In 1980, the State Legislature enacted House Bill-4D entitled
Truth In Millage (TRIM BILL) which has been incorporated into the
Florida Statutes under Section 200. The TRIM BILL requires each
taxing authority to establish proposed millage rates. The TRIM
BILL also stipulates that the proposed millage rate be submitted
to the Property Appraiser for inclusion in the City's tax notices
mailed to property owners.
The City Commission is authorized under Chapter 14, Section 14-34
of -the City of Miami Code to levy an additional ad valorem tax on
all real and personal property in the Downtown Development
District not to exceed one half (1/2) mill for the purpose of
financing the operations of the DDA.
The proposed millage rate for the DDA is .5 mills.
The City Commission must also establish the dates and times of
the first and second public hearings in connection with the DDA
FY'92 proposed millage rate and budget. As in past years, the
DDA public hearings should be scheduled for the same dates as the
City's.
CO/jt
Encl.
91-- 520
Ll
'[1
11
6/21/91
RESOLUTION NO. 13/91
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF
MIAMI, FLORIDA; AUTHORIZING THE EXECUTIVE
DIRECTOR OF THE DOWNTOWN DEVELOPMENT AUTHORITY
TO ESTABLISH A PROPOSED MILLAGE RATE FOR THE
DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF
MIAMI, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1991 AND ENDING SEPTEMBER 30, 1992.
WHEREAS, Section 200.065(2)(a)l F.S. (TRIM BILL) requires
each taxing authority to establish a proposed millage rate; and
WHEREAS, said law stipulates that the proposed millage rate
be submitted to the Property Appraiser and the Tax Collector; and
WHEREAS, said rate shall reflect the levy necessary to
realize property tax revenues anticipated in the FY'92 Budget;
and
WHEREAS, the TRIM BILL requires that the proposed tax rate
be included on tax notices; and
WHEREAS, the proposed millage rate submitted to the Property
Appraiser is not binding but is necessary for the purpose of
preparation of tax notices.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The Executive Director of the Downtown
Development Authority of the City of Miami, Florida is hereby
authorized to establish a proposed millage rate for the Downtown
Development District of the City of Miami, Florida, for the
Fiscal Year beginning October 1, 1991 and ending September 30,
1992 at .5 mills.
Section 2. The Executive Director of the Downtown
Development Authority if the City of Miami, Florida is instructed
to submit said proposed rate for the Downtown Development
District to the Property Appraiser.
520
y
PASSED AND ADOPTED THIS day of 01991.
Mayor Xavier L. Suarez
Chairman
ATTEST:
Matthew D. Schwartz
Executive Director
Carmen Sutton ~
Executive Secretary