HomeMy WebLinkAboutItem #81 - First Reading OrdinanceJ-87-748
8/21/87
ORDINANCE NO.
AN ORDINANCE DEFINING AND DESIGNATING THE
TERRITORIAL LIMITS OF THE DOWNTOWN DEVELOPMENT
DISTRICT OF THE CITY OF MIAMI LOCATED WITHIN THE
TERRITORIAL LIMITS OF THE CITY OF MIAMI FOR THE
PURPOSE OF TAXATION, FIXING THE MILLAGE AND
LEVYING TAXES IN THE DOWNTOWN DEVELOPMENT
DISTRICT LOCATED WITHIN THE, TERRITORIAL LIMITS
OF THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1987, AND ENDING--
SEPTEMBER 30, 1988, FIXING THE MILLAGE"A-T i±.l�E
TENTHS (.S) MILLS ON THE DOLLAR OF THI NONEXEMPT
ASSESSED VALUE OF ALL REAL AND PERSONAL PROPERTY
IN SAID DISTRICT AND PROVIDING TH4T,' THE SAID
MILLAGE AND THE TAXES LEVIED HEREIN rSWALL BE IN
ADDITION TO THE FIXING OF THE MiL-LACE AND THE
LEVYING OF TAXES WITHIN THS xERi1TORIAL LIMITS
OF THE CITY OF MIAMI, WHICH IS COidTAINED IN THE
GENERAL APPROPRIATION ORDINANCE FOR THE
AFORESAID FISCAL YEAR AS REQOIRED BY SECTION 30
OF THE CITY CHARTER; PROVIDING THAT THE FIXING
OF THE MILLAGE AND LEVY3,NG OF TAXES HEREIN SHALL
BE IN ADDITION TO SVECIAL ASSESSMENTS FOR
IMPROVEMENTS IMPOSED BY%,THE CITY COMMISSION OF
THE CITY OF MIAMI WITH'I,N THE TERRITORIAL LIMITS
OF THE CITY OF. MIAMFi; PROVIDED THAT THIS
ORDINANCE SHALL NOT BE DEEMED AS REPEALING OR
AMENDING ANY OTHER' ORDINANCE FIXING MILLAGE OR
LEVYING TAXES JORA THE FISCAL YEAR BEGINNING
OCTOBER 1, 1987'`,AND ENDING SEPTEMBER 30, 1988,
BUT SHALL BE DEEMED SUPPLEMENTAL AND IN ADDITION
HERETOL CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
WHEREAS, the Tax`�Assessor of Dade County, Florida, a
political subdivision of the State of Florida, has determined the
nonexempt aggregate valuation of taxable property, real and
personal, in the Downtown Development District of the City of
Miami to be $2,893,861,436.00;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. For the purpose ^F f-hia nrdinance the "DOWNTOWN
DEVELOPMENT DISTRICT" is defined l7iC2,,,� #I0i
described as follows:
CITY Cori MISSION
AREET", OF
SEP 8
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