Res 80-91 RESOLUTION NO. 80-91
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 OPE~TION, AND TO LE~ A TAX FOR THE
PAYMENT OF PRINCIPAL AND INTE~ST ON BONDED
INDEBTEDNESS, AND TO ALLOCATE AND ~PROPRIATE SAID
COLLECTIONS THEREUNDER.
NOW, THE~FORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DEL~Y BEACH, FLORIDA, AS FOL~WS:
Section 1. That there shall be and hereby is appropriated for
the ~neral Fund operations of the City revenue derived from the tax of
$1.0000 per one thousand ($1,000) dollars of assessed valuation which is
hereby levied on all taxable property within the Do,town Development
Authority Taxing District of the City of Delray Beach for the fiscal
year commencing October 1, 1991, and terminating September 30, 1992, the
assessed valuation on all taxable property for operating purposes within
the Do, town Development Authority Taxing District of the City of Delray
Beach being $29,243,411 for operating and for maintenance expenses of
the General Fund, and also in addition, all revenues derived by said
City 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 $1.0000
per one thousand ($1,000) dollars does not exceed roll back of $1.0260
per one thousand ($1,000).
Section 2. That the above millage rates are 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 three (3) percent 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 10, 1991, September 24, 1991 and October 8, 1991.
PASSED AND ADOPTED in regular session on this the 8th day of
October, 1991.
ATTEST:
City ~C 1 ~/r k
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: ~ITY MANAGER
SUBJECT: AGENDA ITEM tJl~.~p.~- MEETIN~__QF OCTOBER 8, 1991
RESOLUTION NO. 80-91
DATE: October 4, 1991
This is a resolution levying a tax on all properties within the
Downtown Development Authority Taxing District.
Recommend approval of Resolution No. 80-91.
RESOLUTION NO. 80-91
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 LEVY A TAX FOR THE
PAYMENT OF PRINCIPAL AND INTEREST ON BONDED
INDEBTEDNESS, AND TO ALLOCATE AND 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 General Fund operations of the City revenue derived from the tax of
$1.0000 per one thousand ($1,000) dollars 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, 1991, and terminating September 30, 1992, the
assessed valuation on all taxable property for operating purposes within
the Downtown Development Authority Taxing District of the City of Delray
Beach being $29,243,411 for operating and for maintenance expenses of
the General Fund, and also in addition, all revenues derived by said
City 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 $1.0000
per one thousand ($1,000) dollars does not exceed roll back of $1.0260
per one thousand ($1,000).
Section 2. That the above millage rates are 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 three (3) percent 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 10, 1991, September 24, 1991 and October 8, 1991.
PASSED AND ADOPTED in regular session on this the 8th day of
October, 1991.
MAYOR
ATTEST:
City Clerk