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City of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 05-00608 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") TO ESTABLISH A
PROPOSED MILLAGE RATE OF ONE-HALF (1/2) MILL FOR THE DOWNTOWN
DEVELOPMENT DISTRICT OF THE CITY OF MIAMI, FLORIDA, FOR FISCAL
YEAR BEGINNING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006;
AUTHORIZING AND DIRECTING COMMUNICATION OF SAID PROPOSED
MILLAGE RATE TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND
TAX COLLECTOR TOGETHER WITH THE DATE, TIME AND PLACE OF THE
PUBLIC HEARINGS, AS STATED HEREIN, AT WHICH THE MIAMI CITY
COMMISSION WILL CONSIDER THE PROPOSED MILLAGE RATE AND THE DDA
TENTATIVE BUDGET FOR SAID FISCAL YEAR.
WHEREAS, Section 14-60 of the Code of the City of Miami, Florida ("City Code"), and General Law
authorizes the City to levy an additional ad valorem tax on all real and personal property in the
Downtown Development District of the City not to exceed one-half (1/2) mill on the dollar valuation of
such property, for the purpose of funding the operations of the Downtown Development Authority
("DDA"); and
WHEREAS, Section 200.065(2)(a)1, Florida Statutes (Supp. 1992) ("TRIM BILL"), requires each
taxing authority to establish a proposed millage rate; and
WHEREAS, said law stipulates that the proposed millage rate be submitted to the Miami -Dade
County Property Appraiser and the Tax Collector; and
WHEREAS, said rate reflects the levy necessary to realize property tax revenues anticipated in
Fiscal Year 2006 Budget; and
WHEREAS, the TRIM BILL requires that the proposed tax rate be included on tax notices; and
WHEREAS, the proposed millage rate submitted to the Miami -Dade County Property Appraiser and
Tax Collector is not binding but 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 and
incorporated is fully set forth in this Section.
Section 2. The DDA is authorized to establish a proposed millage rate of one-half (1/2) mill for the
Downtown Development District of the City of Miami, Florida for the Fiscal Year beginning October 1,
2005 and ending September 30, 2006.
Section 3. The DDA is authorized and directed to communicate said proposed millage rate for the
City of Miami Page 1 of 2 Printed Om 6/24/2005
File Number. 05-00608
DDA, to the Miami -Dade County Property Appraiser and Tax Collector together with the date, time and
place at which the Miami City Commission will hold public hearings to consider said millage rate and
the DDA's tentative budget for said Fiscal Year as follows: September 8, 2005 at 5.05 PM and
September 22, 2005, at 5:05 PM in the Commission Chambers at Miami City Hall, 3500 Pan American
Drive, Miami, Florida.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
APPROVED AS TO FORM AND CORRECTNESS: f1
JORG• L. ERNANDEZ
CIT O"NEY
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall
become effective immediately upon override of the veto by the City Commission.
City of Mend Page 2 of 2 Printed On: 6/24/2005