HomeMy WebLinkAboutR-75-00931-17 75
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RESOLUTION NO, .__._: 75'93_
A RESOLUTION AUTHORIZING THE DIRECTOR
OF FINANCE TO WRITE OFF UNCOLLECTIBLE
CITY OF MIAMI PERSONAL PROPERTY TAXES
FROM THE YEARS 1967 THROUGH 1971.
WHEREAS, the Tax Collector has made a diligent
effort to collect certain Personal Property Tax items, and
it has been determined that these taxes are uncollectible
because of no assets, owners are gone and property cannot
be located, or persons or firms are out of business due to
bankruptcy, or other reasons; and
WHEREAS, the adoption of this Resolution would
eliminate a considerable amount of false assets on the
City's balance sheet where they would not be reflected as
assets and present a false picture of the City's financial
"DOCUMENT I DEX
ITEM NO / "
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION
position;
OF THE CITY OF MIAMI, FLORIDA:
Section 1. The Director of Finance be, and he is
hereby, authorized to write off uncollectible City of Miami
Personal Property Taxes from the years 1967 through 1971
Tax Rolls of the City of Miami, in the following amounts:
Tax Year Amount
1967 $ 168,097.85
1968 166,523.90
1969 199,202.17
1970 183,296.44
1971 191,223.59
Total $ 908,343.95
CITY COMMISSION
MEETING OF
JAN 91975
ItIOLUTION 0007 77.
IARI; ..
1
1975.
PASSED AND ADOPTED this 2 day of JAM
PREPARED AND APPROVED BY:
Mikele Carter
Assistant City Attorney
Nt4URI CE A. FERRE
Attaa
APPROVED AS TO FORM AND CORRECTNESS:
John S. Lloyd
City Attorney
2
M A .Y 0 R
h.- D.: SOUTE
City Clerk
c 1 e. . !IA a Ft 'Th w O a
lw2E2:2xzlC: z,2a32%a Su 2
° G'3 r of Fiasnza
75
ISe Aida County Tam Collector hal *$)tied a lit 02 the currea
balances o/ unzollsctib12 Personal Property is es in tha City o£
Qy i 23r the 1?ou r yo.ars and in the Z01la;in ouats:
IȤ7
1963
1959
1970
1971
$163,O97.65
fe§,523.)§
199,2@2.\7
ISJ,2&§.&4
191,223.5)
In view o2 the 9fit2 o2£ 02 these tom: a by the »43. Ccun j ';:a
Collector, it 13 rertuested that a r2a31,tioi be pra2>=aa aat Qt£=i2;
C12 Director of 2inAnce to th tan 4 rccelvlble Kaa S.! S£
r' i21n3 foe the yeas li3tad a'o e,
' i3 will aat reduce the revenues to the City o2 E± i as adecaate
reserves have been previously e3tabli31-.ed.
la3:JA2:end
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Cii2£ Accountant.