Loading...
HomeMy WebLinkAboutPre Legislation SRRESOLUTION NO. 29/2008 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") OF THE CITY OF MIAMI, FLORIDA, AUTHORIZING THE EXECUTIVE DIRECTOR TO ESTABLISH A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2008 AND ENDING SEPTEMBER 30, 2009 AT .5 MILLS. 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 the Fiscal Year 2009 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 Property Appraiser is not binding but necessary for the purpose of preparation of tax notices. NOW THEREFORE, be it resolved by the Board of Directors of the Miami Downtown Development Authority of the City of Miami, Florida. Section 1. The recitals are true and correct and are adopted by reference and incorporated as if fully set forth in this Section. 29.Est Mill Rate for FY 09.docPage 1 of 2 Section 2. The DDA Board of Directors hereby authorizes the Executive Director to establish a proposed millage rate for the Downtown Development District of the City of Miami, Florida for the Fiscal Year beginning October 1, 2008 and ending September 30, 2009 at .5 mills. Section 3. The Executive Director of the DDA is instructed to submit said proposed rate for the Downtown Development District of the City of Miami, Florida to the Miami -Dade County Property Appraiser and Tax Collector. PASSED AND ADOPTED this 27tn day of Jun 2008. Co Ch Aly • - M. ' obertson Int - rim Executive Director Sanchez ATTEST: Sandra Hernandez Secretary to the Board of Directors 29.Esi Mill Rare for FY 09.docPage 2 of 2