HomeMy WebLinkAboutordinanceORDINANCE NO.
AN ORDINANCE OF THE MIAMI CITY COMMISSION
DEFINING AND DESIGNATING THE TERRITORIAL
LIMITS FOR 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, 2004 AND
ENDING SEPTEMBER 30, 2005; CONTAINING A
SEVERABILITY CLAUSE, AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the Miami -Dade County Property Appraiser estimates
that the non-exempt valuation of taxable property, both real and
personal in the City of Miami, Florida, for the fiscal year
beginning October 1, 2004 and ending September 30, 2005, is
$22,468,477,573; and
WHEREAS, at an election held September 2, 1915, the City of
Miami did annex certain territory unincorporated at the time of
such election and did annex certain other territory incorporated
at the time of such election; and
WHEREAS, from time to time other territory has been included
in the corporate limits for the City of Miami by legislative
acts;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the
Preamble to this Ordinance are hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. For the purpose of this Ordinance, the "City
of Miami" is defined to be, includes and designates the City of
Miami as it now exists with its extended territorial limits, as
set forth in the paragraphs prefatory hereto.
Section 3. There shall be and hereby are levied upon the
non-exempt assessed value of all property, both real and
personal, in the City of Miami as described in Section 2 hereof,
taxes at the rate reflected below for the fiscal year beginning
October 1, 2003 and ending September 30, 2004, for the following
purposes:
(a) A tax of 8.7625 mills on the dollar for the General
Operating Budget.
(b) A tax of 1.0800 mills on the dollar to provide for the
payment of maturing principal and interest, and charges
and requirements related thereto of indebtedness
incurred subsequent to the adoption of the Homestead
Exemption Amendment to the Constitution of the State of
Florida, and subject to the terms thereof.
Section 4. This proposed millage rate herein adopted is
higher than the "rolled back" rate by 7.5624%.
Section 5. The total of all ad valorem taxes proposed by
the City Commission to be levied is more than the current year
aggregate rolled back taxes by $26,964,420.
Section 6. If any section, part of this section,
paragraph, clause, phrase or word of this Ordinance is declared
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invalid, the remaining provisions of this Ordinance shall not be
affected.
Section 7. This Ordinance shall become effective thirty
(30) days after final reading and adoption thereofli.
PASSED ON FIRST READING BY TITLE ONLY this day of
, 2004.
PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE
ONLY this day of , 2004.
MANUEL DIAZ, MAYOR
ATTEST:
PRISCILLA A. THOMPSON
CITY CLERK
APPROVED AS TO FORM AND CORRECTNESS:
Maria J. Chiaro
Interim CITY ATTORNEY
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This Ordinance shall become effective as specified herein unless vetoed
by the Mayor within ten days from the date it was passed and adopted. If
the Mayor vetoes this Ordinance, it shall become effective immediately
upon override of the veto by the City Commission or upon the effective
date stated herein, whichever is later.
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