Res 71-96 RESOLUTION NO. 71-96
A RESOLUTION OF THE CITY ~SSION OF THE CITY O~ DELRAY
BEACH, FLORIDA, TO LEVY A TAX ON ALL PROPERTIES WITHIN
THE DOWNTOWN DEVELOPMENT AUTHORITY TAXI~ DISTRICT OF THE
CITY OF DELRAY BEACH, FLORIDA, FOR MAINTENANCE AND
OPERATION, AND TO APPROPRIATE SAID COLLECTIONS
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF D~T.RAY BEACH, FLORIEk%, AS FOLLOWS:
Section 1. That a tax of $1.00 per one thousand dollars
($1,000.00) of assessed valuation is hereby levied on all taxable property
within the Downtown Develotznent Authority Taxing District of the City of
Delray Beach for the fiscal year commencing October 1, 1996, and ending
September 30, 1997. There shall be and hereby is appropriated for the
purpose of financing the operation of the Downtown Develolanent Authority
Taxing District revenue derived from said tax for operating and maintenance
expenses of the Downtown Development Authority Taxing District, and also in
addition, all revenues derived by said Taxing District during said fiscal
year from all other sources other than the tax levy for current bond service
and that part of collection of delinquent taxes levied for bond service. The
assessed valuation on all taxable property for operating purposes within the
Downtown Development Authority Taxing District of the City of Delray Beach is
899,014,924. The operating millage rate of $1.00 per one thousand dollars
($1,000.00) exceeds the rolled-back rate of $0.84 per one thousand dollars
($1,000.00) by 19.05%.
Section 2. That the above millage rate is adopted pursuant to
Florida Statutes Section 200.065(2) (e) (2), and subject to adjustment in
accordance with Section 200.065(5) of the Florida Statutes which provides
that each affected taxing authority, other than municipalities, counties,
school boards, and water management districts, may adjust its adopted millage
rate if the taxable value within the jurisdiction of the taxing authority as
certified pursuant to Section 200. 065(1) is at variance by more than three
percent (3%) with the taxable value shown on the assessment roll to be
extended.
Section 3. That public hearings were held on the proposed budget
on September 3, 1996, and September 17, 1996.
PASSED AND ADOPTED in regular session on this the 17th day of
£1T OF DELRI:IY BER£H
DELRAY BEACH
~ CITY CLERK 400 ,.w, ~,,.vE,uE · OELR^~ SEA°,, F~OR,DA 334.. 40~,3-~000
NI-America City
1993
September 24, 1996
Ms. Marjorie Ferrer
Executive Director
Downtown Develo~mnent Authority
64 S.E. 5thAvenue
Delray Beach, FL 33483
Re: Resolution No. 71-96
Dear Marjorie:
Enclosed for your information and file is a certified copy of
Resolution No. 71-96, levying a tax on all properties within the DDA
taxing district. This resolution was passed and adopted by the City
Commission on September 17, 1996.
If you have any questions, please do not hesitate to contact me at
243-7050.
Sincerely,
Alison MacGregor Harty
City Clerk
AMH/m
Enclosure
THE EFFORT ALWAYS MATTERS
Pnnted on Recycled
MEMOR_~NDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: CITY MA_NAGER~
SUBJECT: AGENDA ITEM # /0.8' - MEETING OF SEPTEMBER 17, 1996
RESOLUTION NO. 71-96 (DDA TAX LEVY)
DATE: SEPTEMBER 13, 1996
Resolution No. 71-96 levies a tax in the amount of 1.00 mill on
all properties within the Downtown Development Authority Taxin9
District of the City of Delray Beach for fiscal year 1996/97 for
operation and maintenance, and appropriates the collections
thereunder to the DDA. This millage exceeds the 0.84 rolled back
rate calculated under the TRIM law by 19.05 percent.
Per TRIM requirements, tax levies for dependent special taxing
districts such as the DDA must be separately discussed and
adopted at the public hearing.
Recommend approval of Resolution No. 71-96.