HomeMy WebLinkAboutCover Memo FR/SRCITY OF MIAMI, FLORIDA
#NTEf-OffICE MEMORANDUM
TO :
FROM :
The Honorable Mayor and
Members of the City Commission
Pedro Hern
City Manager
DATE :
SUBJECT :
REFERENCES:
ENCLOSURES:
August ), 2,06 FILE :
;DID FY'06-07
Millage Ordinance
For September 12, 2006
City Commission Meeting
Recommendation
It is respectfully requested that the City Commission adopt the attached Ordinance .establishing
the territorial limits the Downtown Development Authority tax District and setting themill-age
therefore.
ifaekeroumd
Chapter 14 of the City of Miami Code authorizes the City Commission to levy an additional ad
valorem tax on all real and personal property within the Downtown Development Authority, not
to exceed hive tenths (,5 ) mills on the dollar valuation of such property of financing the
operations of -the Downtown Development Authority.
Attached is an Ordinance for City Commission approval which ,establishes the downtown
:Development Authority Tax District boundaries, fixes the •millage at five -tenths (:5) and levies
taxes for the Fiscal Year beginning October 1, 2006 and ending September 30, 2007.
Encl.
DN/dv