Res 93-93 RESOLUTION NO. 93-93
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, TO LEVY A TAX ON ALL
PROPERTIES WITHIN THE DOWNTOWN DEVELOPMENT AUTHORITY
TAXING DISTRICT OF THE CITY OF DELRAY BEACH, FLORIDA,
FOR MAINTENANCE AND OPERATION, AND TO APPROPRIATE
SAID COLLECTIONS THEREUNDER.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section 1. That there shall be and hereby is appropriated
for the purpose of financing the operation of the Downtown Development
Authority Taxing District, through the General Fund operations of the
City, revenue derived from the tax of $1.00 per one thousand dollars
($1,000.00) of assessed valuation which is hereby levied on all
taxable property within the Downtown Development Authority Taxing
District of the City of Delray Beach for the fiscal year commencing
October 1, 1993, and ending September 30, 1994; the assessed valuation
on all taxable property for operating purposes within the Downtown
Development Authority Taxing District of the City of Delray Beach
being $32,050,699; for operating and for 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 operating millage rate of $1.00 per one thousand
dollars ($1,000.00) exceeds the roll back rate of $0.95 per one
thousand dollars ($1,000.00) by 5.26%.
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 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 one percent (1%) with the taxable value shown
on the roll to be extended.
Section 3. That a public hearing was held on the proposed
budget on September 14, 1993, and on September 28, 1993.
PASSED AND ADOPTED in regular session on this the 28th day
of September, 1993. ~~~~~
ATTEST:
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