HomeMy WebLinkAboutR-05-38
RESOLUTION NO. R-05-38
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN
RIVER COUNTY, FLORIDA, ADOPTING A MILLAGE
RATE OF 3.9325 MILLS FOR THE CALENDAR YEAR 2005
AND ALLOCATING SAME TO THE FISCAL YEAR
BEGINNING OCTOBER 1, 2005 AND ENDING SEPTEMBER
30, 2006; PROVIDING FOR CONFLICTS; AND PROVIDING
FORAN EFFECTIVE DATE.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RNER COUNTY, FLORIDA, that:
Section 1.
MILLAGE RATE LEVY. There is hereby Levied an Ad
Valorem Tax of THREE POINT NINE THREE TWO FIVE (3.9325) MILLS against all
real and tangible personal property for the calendar year (January I, 2005 through
December 31, 2005) 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, 2005
and ending September 30, 2006.
Section 2.
ROLLED-BACK RATE. The tax rate established in Section 1.
is 6.3% higher than the computed "rolled-back" tax rate of3.6996 mills.
Section 3.
CONFLICT. All resolutions or parts of resolutions in conflict
herewith are hereby repealed.
Section 4.
EFFECTIVE DATE.
This resolution shall take effect
immediately upon its adoption.
The foregoing Resolution was moved for adoption by Councilmember ---n.egh-
The motion was seconded by Councilmember ~ t1.u\ and, upon being put
into a vote, the vote was as follows:
Mayor Nathan McCollum
Vice-Mayor Brian Burkeen
Councilmember Lisanne Monier
Councilmember Andrea Coy
Councilmember Sal Neglia
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The Mayor thereupon declared this Resolution duly passed and adopted this 20th day of
September 2005.
ATTEST:
-
-----
City Clerk
:~~
Nathan McCollum, Mayor
Approved as to form and legality for the
reliance b the City of Sebastian only:
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