HomeMy WebLinkAboutItem #79B - First Reading OrdinanceJ-87-750
8/21/87
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ORDINANCE NO.
AN ORDINANCE DEFINING AND DESIGNATING THE
TERRITORIAL LIMITS OF THE CITY OF MIAMI
FOR THE PURPOSE OF TAXATION; FIXING THE
MILLAGE AND LEVYING TAXES IN THE CITY OF
MIAMI, FLORIDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1987, AND ENDING
SEPTEMBER 30, 1988; CONTAINING A
SEVERABILITY CLAUSE.
WHEREAS, the City of Miam, estimates that the nonexempt
valuation of taxable property, both real and personal in the City
of Miami, Florida, for the year beginning October 1, 1987, and
ending September 30, 1988 is $9,899,399,285; and
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WHEREAS, at an election held September 2, 1925, the.,_Gity of
Miami did annex certain territory unincorporated at 4e, time of
1
such election; and did annex certain other territ_o.ry`incorporated
at the time of such election; and
WHEREAS, from time to time other. territory has been included
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in the corporate limits of the City of iami`'by legislative acts;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1: For the purpgse of this ordinance the "City
of Miami" is defined to pe,`"includes, and designates the City of
Miami as it now exists �Wit�i its extended territorial limits as
set forth in the ,paragraphs`prefatory hereto.
Section 2: There shall be and hereby are levied upon the
nonexempt assessed' vlue of all property, both real and personal,
in the City of Miami 'a•k described in Section 1 hereof, taxes at
the rate shown below for the fiscal year beginning October 1,
1987, and ending September 30, 1988, for the following purposes:
(a) A tax of 9.5995 mills on the dollar
for the General Furd
(b) A tax of 2.2224 mil
to provide for
maturing principal
and charges ar
related thereto,
incurred subsequen-
of the Homesl
Amendment to the
the State of F1 or
to the terms there
CITY COMMISSION
MEETING OF
SEP 8
ORDINANCE NO.,,,,,
2nd READING...
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