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HomeMy WebLinkAboutO-00430ORDINANCE NO. M. AN ORDINANCE PIXINC THE MtL`4AGE AND LEVYING TAXES IN THE OtTY OP ti!AUI, ?LORtDA, ?OR THE YEAR BEIINNtNO JJLY 1, 1025, AND ENDING JUNE 300 1926. WHEREAS, the City Commission of the lity of Liiami, Florida, met as a Board of Equalization, legal notice of such moetings having theretofore been duly given as requird by law, did examine the assessment roll of the city tax assessor showing the taxable property in said City for the year beginning July 1, 1925, and ending June 30, 1926, and did meet for the purpose of hearing oomplaints an3 receiving testimony as to the value of any property, real o1 personal, as fixed by the city tax assess- or and perfecting, levying ard equalizing said assessments, and did make such changes in said assessment roll, and did revise and equalize such assessments as in the opinion and judgment of said Board of Equalization was deemed necessary and proper: and WHEREAS, the said City Commission have been duly noti- fied by the City Manager that the total sum of valuations of tax- able property, both real and personal, in the City. of Miami, Flo- rida, for the year beginning July 1, 1925, and ending June 30, 1926, is $166,898,974.00; NOW. THEREFORE, BE IT ORDAINED BY THE COL'Q:iISSION OF THE, CITY OF 4IAMI; SECTION 1: That there shall be and is hereby levied upon the aasessed value of all property both real and personal in the City of Miami, Florida, a tax of 7t mills on the dollar fo ' the fiscal year beginning July 1, 1925, and ending June 30, 1926, for the benefit of the _General Fund of the City of Miami. 4'E0TIQ21 2 That there shell be end is hereby levie4 upon the neseaeed value of all property both real end personal in tie City of ?4iemi, lorida, a taw of of a 1411 on the oiler l- 1 for the fiscal year beginning July 1, 1925, and ending June 5C, 1926,for the benefit of Lighting of the City of Miami. SECTION 5: 1'het there shall be anti ie hereby levied upon the aaeeesed value of all property both real on personal in the City of Miami, florid , a tax of iQ mills on the dollar for the fiscal year beginning July 1, 1925, and ending June ;fib, 1926, for the benefit of the Publicity Pund of the City of Miami. SECTION 4: That there shall be and is hereby levied upon the assessed value of all property both real and personal in the City of Miami, Florida, a tax of 5 mills on the dollar for the fiscal year beginning July 1, 1925, and ending June 30, 1926, for the benefit of the Sinking Fund and of the Interest Fund of the City of Liiami. SECTION 5: The foregoing ordinance is hereby declared to be an emergency measure on the ground of urgent public need for the preservation of property of the City. SECTION 6: The reading of this ordinance on two sepa- rate days is hereby dispensed with by a four -fifths vote of the members of the Commission of theCity of Miami. PASSED AND ADOPTED this 21st day of July, 1925. CLERK IM A Y!0 R