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HomeMy WebLinkAboutLegislation�/0"�rt ritr�t � �e�r'�,��� Cit of Miami � City Hall 3500 Pan American 7r, ,tet Drive t* `'Legislation ` Miami, FL 33133 wvvw.miamigov.com Resolution File Number; 16-01221 Final Action Date; A RESOLUTION OF THE MIAMI CITY COMMISSION ("COMMISSION"), WITH ATTACHMENT(S), BYA FOURTH -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER A DULY NOTICED PUBLIC HEARING, RELATED TO TAXATION, DEFINING AND DESIGNATING THE TERRITORIAL LIMITS OF THE DOWNTOWN DEVELOPMENT DISTRICT ("DISTRICT") OF THE CITY OF MIAMI, FLORIDA ("CITY"), FIXING AND ADOPTING THE FINAL MILLAGE AND LEVYING AN ADDITIONAL AD VALOREM TAX ON ALL REAL AND PERSONAL PROPERTY IN THE DISTRICT AT THE RATE OF 0.4681 MILLS ON THE DOLLAR OF TAXABLE VALUE OF SUCH PROPERTY IN SAID DISTRICT FOR THE PURPOSE OF FINANCING THE OPERATION OF THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017; PROVIDING THAT SAID FINAL MILLAGE SHALL BE IN ADDITION TO THE MILLAGE ADOPTED BY THE COMMISSION PURSUANT TO SECTION 9, ARTICLE VII, FLORIDA CONSTITUTION, AND SECTION 166.211, FLORIDA STATUTES (2016), AS WELL AS ANY SPECIAL ASSESSMENTS IMPOSED BY THE SAME; PROVIDING THAT THIS RESOLUTION SHALL NOT BE DEEMED AS REPEALING OR AMENDING ANY OTHER RESOLUTION ORANY ORDINANCE FIXING MILLAGE OR LEVYING TAXES, BUT SHALL BE DEEMED SUPPLEMENTALAND IN ADDITION THERETO; CONTAINING A SEVERABILITY CLAUSE AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Miami City Commission ("Commission") pursuant to Chapter 65-1090, Laws of Florida; Section 189.056, Florida Statutes (2016); and Section 14-60 of the Code of the City of Miami, Florida, as amended ("City Code"), is authorized to levy an additional ad valorem tax on all real and personal property in the Downtown Development District ("District") not exceeding 0,4750 mills on the dollar valuation of such property for the purpose of financing the operation of the Miami Downtown Development Authority ("DDA"), as affirmed in Milan Investment Group v. City of Miami, 172 So. 3d 458 (Fla. 3rd DCA 2015); and WHEREAS, for the purpose of this Resolution, the District is defined as the area within the territorial limits of the City of Miami ("City") as it now exists, with the boundaries thereof being designated in Ordinance No. 12307, adopted December 12, 2002, and more specifically described in Exhibit "A", attached and incorporated; and WHEREAS, Section 200.065, Florida Statutes (2016), sets forth the method of fixing a millage rate; and WHEREAS, on July 1, 2016, the Miami -Dade County Property Appraiser ("PA"), pursuant to Section 200.065(1), Florida Statutes (2016), certified to the DDA the taxable value of property within the territorial limits of the District, set at $16,681,746,744; and WHEREAS, the DDA prepared a tentative budget for the Fiscal Year beginning October 1, 2016 and ending September 30, 2017, and computed a proposed millage rate of 0.4681 mills, which is City of Miami Page 1 of 3 File Id. 16-01221 (Mersion. I) Printed On., 91912016 File Number: 16-01221 necessary to fund the tentative budget other than the portion of the DDA's budget to be funded from sources other than ad valorem taxes; and WHEREAS, on July 29, 2016, the Commission adopted Resolution No. R-16-0366, attached and incorporated as Exhibit "B", wherein it directed the Executive Director of the DDA to submit to the PA and the Miami -Dade County Tax Collector the proposed millage rate of 0.4681 mills, together with other required information set forth in Section 200.65(2)(b), Florida Statutes; and WHEREAS, on September 6, 2016, the Commission adopted Resolution No. R-16-0379, attached and incorporated as Exhibit "C", authorizing the tentative millage rate of 0.4681 mills to be presented to the City Commission at today's meeting for a determination now of the final millage by a four-fifths (4/5ths) affirmative vote, after a duly noticed public hearing, in compliance with Florida Statutes Section 200.065(5)(a)(1), and in order to fund the DDA's final budget for the Fiscal Year beginning October 1, 2016 and ending September 30, 2017 other than the portion of the DDA's final budget to be funded from sources other than ad valorem taxes; NOW, THEREFORE, BE IT RESOLVED, BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. For the purpose of this Resolution, the District is defined as that area within the territorial limits of the City as it now exists, with the boundaries thereof being designated in Resolution No. 12307, adopted December 12, 2002, and more specifically described in Exhibit "A", attached and incorporated. Section 3. By a four-fifths (4/5ths) affirmative vote, after a duly noticed public hearing, there shall be levied an additional ad valorem tax on all real and personal property within the District at a final rate of 0.4681 mills on the dollar of the taxable value of such property for the purpose of financing the operation of the DDA, for the Fiscal Year beginning October 1, 2016 and ending September 30, 2017. Section 4. The final millage rate herein adopted is 10.04% more than the rolled -back rate of 4254 mills. Section 5. The final millage adopted and the ad valorem taxes levied pursuant to this Resolution shall be in addition to the fixing of the millage adopted and ad valorem taxes levied by the Commission pursuant to Section 9, Article VII, Florida Constitution, and Section 166.211, Florida Statutes (2016), as well as in addition to any special assessments imposed by the same. Section 6. This Resolution shall neither repeal nor amend any other resolution or ordinance adopting millage or levying ad valorem taxes for the Fiscal Year beginning October 1, 2016 and ending September 30, 2017, but shall be deemed supplemental and in addition thereto. Section 7. If any section, part of a section, paragraph, clause, phrase or word of this Resolution is declared invalid, the remaining provisions of the Resolution shall not be affected. Section 8. This Resolution shall become effective October 1, 2016 after final reading and adoption thereof. {1) City of DTiami Page 2 of 3 File Id. 16-01221 (Version: 1) Printed On: 91912016 Flle Number: 16-01229 APPROVED,A--3-TO FORM AND CORRECTNESS: r - 4`� O - �(-C OTc R A MENS z CITY ATTOR Y Footn es: { This Resolution shall become effective as specified herein unless vetoed by the Mayor within ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon the override of the veto by the City Commission or upon the effective date stated herein, whichever is later. City ofMiarai Page 3 of3 File Id: 16-01221 (Version:1) Pri:rted On, 91912016