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HomeMy WebLinkAboutItem #59 - First Reading OrdinanceJ-90-754 9/29/90 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 IS SAID DOWNTOWN DEVELOPMENT DISTRICT FOR THE FISCAL YEAR BEGINNING OCTOBER It 1990, AND ENDING SEPTEMBER 30, 19911 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 LEVIED HEREIN SHALL BE IN ADDITION TO THE FIXING OF THE 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 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 s sor of Dade Co nt , lorida, a political subdivi a tate of Flo id , s determined the nonexempt gg eg va uation of x e property, real and personal i he wntown Deve en istrict of the City of Miami to $3,111,232, 3 ; NOW, HEREFORE, BE I 0 NED BY THE COMMISSION OF THE CITY OF MIAMI, YLORIDA: Section 1. For the purpose of this Ordinance the "DOWNTOWN DEVELOPMENT DISTRICT" is defined as that area within the territorial limits of the "City of Miami" as it now exists, with r the boundaries thereof being designated in City of Miami - Ordinance No. 7370, as amended by 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., r;