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Resolution: R-10-0292
File Number: 10-00754
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 7/8/2010
A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED
MILLAGE RATE FOR THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY
("DDA") OF THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2010 AND ENDING SEPTEMBER 30,2011; DIRECTING THE
EXECUTIVE DIRECTOR TO SUBMIT SAID PROPOSED MILLAGE RATE TO THE
MIAMI-DADE COUNTY PROPERTY APPRAISER AND THE TAX COLLECTOR
TOGETHER WITH THE DATE, TIME AND PLACE OF THE PUBLIC HEARING AT
WHICH THE CITY COMMISSION WILL CONSIDER THE PROPOSED MILLAGE
RATE AND THE DDA'S TENTATIVE BUDGET FOR SAID FISCAL YEAR.
WHEREAS, Section 200.065, Florida Statutes (2009) (the "Statute"), sets forth requirements
for the "Truth in Millage" ("TRIM") notice and requires each taxing authority to establish a proposed
millage rate; and
WHEREAS, the Statute stipulates that said proposed millage rate be submitted to the
Property Appraiser and the Tax Collector; and
WHEREAS, said rate will reflect the levy necessary to fund the Downtown Development
Authority's ("DDA's") tentative budget other than the portion of the budget to be funded from sources
other than ad valorem taxes; 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 adopted
by reference and incorporated herein as if fully set forth in this Section.
Section 2. The proposed millage rate for the Miami Downtown Development Authority of the
City of Miami, Florida, for the Fiscal Year beginning October 1, 2010 and ending September 30, 2011,
is .5 mills, which is 9.42% less than the rolled back rate of .552 mills.
Section 3. The Executive Director is hereby directed to submit forthwith said proposed millage
rate for the DDA to the Property Appraiser and to the Tax Collector together with the date, time and
place at which the City Commission will hold a public hearing to consider the proposed millage rate
and the DDA's tentative budget for said fiscal year as follows: September 14, 2010 at 5:05 P.M. and
September 27, 2010 at 5:05 P.M. in the Commission Chambers at City Hall, 3500 Pan American
Drive, Dinner Key, Miami, Florida.
City of Miand Page 1 of 2 File Id. 10-00754 (Version: 2) Printed On: 8/2/2017
File Number: 10-00754
Enactment Number: R-10-0292
Section 4. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{1 }
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective
days from the date it was passed and adopted. If the Mayor vetoes this
effective immediately upon override of the veto by the City Commission.
at the end of ten calendar
Resolution, it shall become
City of Miami Page 2 of 2 File Id. 10-00754 (Version: 2) Printed On: 8/2/2017