Res 862-52 RESOLUTIO}T NO. 862
A RESCLUTION CF ~-~ CIT.I" COL~CI! OF
CITY OF DEY~RAY BEACH, PALM BE~CH COMITY,
~ORIDA, ~DOPTING ITS ANNU~ BI,GET OF
ESTIMAT~ ~SES FOR T?Z FISCZ~ Y~R
1952-1953, AMD LE~ING A TAX ON ALL P~P-
ERTIES %~IN THE CITY OF D~RAY BEACH FOR
M~~CE AND OPERATION, AND LEI~NG A
T~f FOR THE PAYt~NT OF PRINCIPAL AND !~E~EST
LOCATED IN THE i;OR~.~R CI~ OF DPJ~RAY, A~
ALLOCATING A~D .P~oPROPRIATING SAID CCLI.ECTIONS
Wi~REAS, Section 69, Article 15 of the City Charter of tbs City
~ year of s~'d ~it~ shall
of Del. ray Beach, stipulates tkmt the f~.~
be from October let through S~pte.mber 30th, and
WHEREAS~ the City Manager has submitted his reccrmmended budget
in conformance with the provisions of Section 70, Article 15 of said
Charter, and
WTIEREAS, the budget contains such estimates, statements, and
supporting schedules as are cal!e~ for by Section ?1, Article 1~ of
said Charter, and
~EREAS, a p~blic hearing on the budget, as provided for in
Section 72, was held on tho 25'th day of Aug~.~st, lq.YP, and
WHEREAS, the Council b~s seen fit to amend the budget in those
matters which are of record in thc f~inutes of the special meetings
of AUgUSt 20th and 21st, and
Wt~REAS, Section 73 requires that tho budget as processed, and
as amended, shall be adopted not later than the first regular ~¢oting
in tho month of September,
MOW, TH~P, EFORE, BE IT RESOLVED by the City Council
De!ray Beach, that the budget so processed and amended for the f~scal
year ending September 30, 1953, is hereby agreed upon and adopted, and
that the amount of money for all of the respective purposes set forth
therein is needed for the operation of said City during the said fiscal
year, and there is hereby appropriated to s~ach respsct~ve purposes tho
am.~ount of' money set opposite such respective purposes.
BE IT FURT~ER RESO!.VED that there ~hall be and is hereb~j appropriated
for the~ payment of several ~.tems of e~penditure totaling the aggregate
su~n of ~ 47~,~76.09, the re~er, ue derived from the tax of 12.4. Mills
which is hereby levied or~ all taxabli property within the City of De]ray
Beach for the fiscal year 19~2-1953, tho assessed valnation on all .taxable
property for operating purposes within thc City of Delray Beach being
$ 16,226,687.oo for operation and/or maintenance expenses of General
Government, and also in addition, all revenues derived by said City
during said fiscal year from all other sources than the tax levy for
current bond service, and that part of colle cticn of delinquent ta~xes
levie~ for bond service.
BE IT FURTHER RESOLVkMD that the amoont of money necessary to be
raised for bond debt service for bonds and interest w?~ich constitutes
an indebtedness of tb~t pOrtion of the City of De!ray Beach, which was
formerly the City of Delray, is ~ 91,834.~?, and that there is hereby
appropriated for the payment thereof, all revenues derived from the tax
levy of 6 Mills hereby levied for that purpose for the fiscal year
19~2-19~3, upon the taxable property in that portion of thc City of
Delray Beach which was formerly the City of Delray, the assessed
valuation being $ 1~,30~,762.00.
PASSED AND ~JDOPTED by the City Cotmcil of the City of Delray
Beach, Florida, this 8th day' of September, A. D., 1952.
/~ ~ayor
'" ' Cit~' Clerk