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HomeMy WebLinkAboutR-99-46 RESOLUTION NO. R-99-46 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A PROPOSED MILLAGE RATE OF 5.0000 MILLS FOR THE CALENDAR YEAR 1999 AND ALLOCATING SAME TO THE FISCAL YEAR BEGINNING OCTOBER 1, 1999 AND ENDING SEPTEMBER 30, 2000. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, that: Section 1. PROPOSED MILLAGE RATE LEVY. There is hereby a proposed levy of an Ad Valorem Tax of FIVE AND ZERO THOUSANDTHS (5.0000) MILLS against all real and tangible personal property for the calendar year (January I, 1999 through December 31, 1999) and the resulting tax revenue is hereby appropriated for the General Operating Fund of the City of Sebastian for the fiscal year beginning October, I, 1999 and ending September 30,2000. Section 2. ROLL BACK RATE. The tentative tax rate established in Section 1. is 1.3513 mills, or 21.28%, less than the computed "rolled-back" tax rate of 6.3513 mills. Section 3. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 4. EFFECTIVE DA TE. This resolution shall take effect immediately upon its adoption. The foregoing Resolution was moved for adoption by Councilmember ~~ . The motion was seconded by Councilmember ;ja<<-;/~ and, upon being put into a vote, the vote was as follows: Mayor Martha S" Wininger Vice-Mayor Chuck Neuberger Councilmember Joe Barczyk Councilmember Ben A. Bishop Councilmember Edward 1. Majcher, Jr. t/kJ 4;" :~~T The Mayor thereupon declared this Resolution duly passed and Adopted this 9th day of September, 1999. CITY OF SEBASTIAN, FLORIDA By: ATTEST: Approved as to form and legality for the r2 (the City of Sebastian only