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HomeMy WebLinkAboutO-12947City of Miami Legislation Ordinance: 12947 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-01093 Final Action Date: 9/27/2007 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, 2007 AND ENDING SEPTEMBER 30, 2008; 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, 2007 and ending September 30, 2008, is $39,048,436,817; 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, 2007 and ending September 30, 2008, for the following purposes: A tax of 7.2999 mills on the dollar for the General Operating Budget. A tax of 0.5776 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 the "rolled back" rate. City of Miami Page 1 of 2 File Id: 07-01093 (Version: 1) Printed On: 4/13/2017 File Number: 07-01093 Enactment Number: 12947 Section 5. If any section, part of this section, paragraph, clause, phrase or word of this Ordinance is declared invalid, the remaining provisions of this Ordinance shall not be affected. Section 6. This Ordinance shall become effective thirty (30) days after final reading and adoption thereof.{1 } Footnotes: {1 } 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. City of Miami Page 2 of 2 File Id: 07-01093 (Version: 1) Printed On: 4/13/2017