Loading...
HomeMy WebLinkAboutR-02-48RESOLUTION NO. R-02-48 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 4.5904 MILLS FOR THE CALENDAR YEAR 2002 AND ALLOCATING SAME TO THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30, 2003; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sebastian adopted a millage rate of 4.5904 mills via Resolution R-02-39 on September 25, 2002; and WHEREAS, the Florida Department of Revenue Property Tax Administration Program has found that the Notice of Proposed Tax Increase Advertisement was not one-quarter page in size as required by s. 200.065(3), F.S.; and WHEREAS, the City is required to re-advertise and re-adopt the millage rate levy in order to be in compliance with State law and to collect property taxes at the adopted rate as well as receive revenue sharing from the State of Florida. 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 FOUR AND FIVE NINE ZERO FOUR THOUSANDTHS (4.5904) MILLS against all real and tangible personal property for the calendar year (January 1, 2002 through December 31, 2002) 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, 2002 and ending September 30, 2003. Section 2. ROLLED-BACK RATE. The tax rate established in Section 1. is 1.98% higher than the computed "rolled-back" tax rate of 4.5013 mills. Section 3. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 4. EFFECTIVE DATE. immediately upon its adoption. This resolution shall take effect The foregoing Resolution was moved for adoption by Councilmember Majcher The motion was seconded by Councilmember into a vote, the vote was as follows: Mayor Walter Barnes Vice-Mayor James A. Hill Councilmember Joe Barczyk Councilmember Edward J. Majcher, Jr. Councilmember Raymond Coniglio Coniglio and, upon being put aye aye aye aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 13th day of November, 2002. CITY OF SEBASTIAN, FLORIDA Walter Barnes, Mayor ATTEST: Sally AuI~,do, CMC City Clerk Approved as to form and legality for the fe City of Sebastian only: · R ch:t 7;2