HomeMy WebLinkAboutPrevious Legislation 2City of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.alanlaml.fl.ua
File Number: 05-00608 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE .
DOWNTOWN DEVELOPMENT AUTHORITY ("ODA") 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 COLLECT° TOGETHER WITH THE DATE, TIME AND PLACE OF THE
PUBLIC HEARIN S, AS STATED HEREIN, AT WHICH THE MIAMI CITY
COMMISSION W LL 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 00.085(2)(a)1, Florida Statutes (Supp. 1992) ("TRIM BILL"), requires each
taxing agthority to establi h a proposed millage rate; and
WHEEAS, said law stipulates that the proposed millage rate be submitted to the Miami -Dade
County Property Apprals - r and the Tax Collector; and
WHEREAS, said rat reflects the levy necessary to realize property tax revenues anticipated in
Fiscal Year 2006 Budget and
WHEREAS, the TRI BILL requires that the proposed tax rate be included on tax notices; and
WHEREAS, the prop sed millage rate submitted to the Miami -Dade County Property Appraiser and
Tax Collector is not bind g 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 recit Is and findings contained in the Preamble to this Resolution are adopted and
incorporated is fully set • rth in this Section.
Section 2. The DDA is authorized to establish a proposed millage rate of one-half (1/2) mill for the
Downtown Developmen District of the City of Miami, Florida for the fiscal Year beginning. October 1,
2005 and ending Septe bar 30, 2006.
Section 3. The DDA is authorized and directed to communicate said proposed millage rate for the
Cloy of Miami
Pape 1 of? Printed On: 6t24/200S
Filo Number: 05-00608
DDA, to the Miami -Dade C
place at which the Miami C
the DDA's tentative budge
September 22, 2005, at 5:
Drive, Miami, Florida.
Section 4. This Resole
the Mayor.{1}
APPROVED AS TO FOR
ounty Property Appraiser and Tax Collector together with the date, time and
pity Commission will hold public hearings to consider said millage rate and
for said Fiscal Year as follows: September.% 2005 at 5.05 PM and
]5 PM in the Commission Chambers at Miami City Hall, 3500 Pan American
tion shall become effective immediately upon Its adoption and signature of
AND CORRECTNESS:
JOR L. RNANDEZ
CIT 0 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 wee passed and adopted. If the Mayor vetoes this Resolution, it shall
became effective immediately upon override of the veto by the City Commission.
City of Mlaml
Page 2 fea Printed Om 6 224,2005