HomeMy WebLinkAboutR-99-48
RESOLUTION NO. R-99-48
A RESOLUTION OF THE CITY OF SEBASTIAN,
INDIAN RIVER COUNTY, FLORIDA, ADOPTING A
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.
WHEREAS, The City Council adopted a proposed millage rate of 5.0000 mills
on September 9, 1999 levying the rate of taxation for calendar year 1999 and allocating
same to fiscal year beginning October 1, 1999 and ending September 30,2000.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, that:
Section 1.
MILLAGE RATE LEVY.
There is hereby Levied an Ad
Valorem Tax of FIVE AND ZERO THOUSANDTHS (5.0000) MILLS against all real
and tangible personal property for the calendar year (January 1, 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, 1, 1999 and ending
'September 30,2000.
Section 2.
ROLLED-BACK RATE. The tax rate established in Section 1.
is 1.3513 mills, or 21.28%, less than the computed "rolled-back" tax rate of6.3513 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herewith are hereby repealed.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 adoptio~ by Councilmember ~ "
The motion was seconded by Councilmember '7lJ~/ch.--t./ and, upon being put
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into a vote, the vote was as follows: ' t'
Mayor Chuck Neuberger
Councilmember Joe Barczyk
Councilmember Ben A. Bishop
Councilmember Edward 1. Majcher, Jr.
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The Mayor thereupon declared this Resolution duly passed and Adopted this 22nd day of
September, 1999.
CITY OF SEBASTIAN, FLORIDA
By:
ATTEST:
Approved as to form and legality for the
reliance by the City of Sebastian only:
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