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HomeMy WebLinkAboutR-08-17RESOLUTION NO. R-08-17 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A MILEAGE RATE OF 3.3456 MILLS FOR THE CALENDAR YEAR 2008 AND ALLOCATING SAME TO THE FISCAL YEAR BEGINNING OCTOBER 1, 2008 AND ENDING SEPTEMBER 30, 2009; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, that: Section 1. MILEAGE RATE LEVY. There is hereby Levied an Ad Valorem Tax of THREE POINT THREE FOUR FIVE SIX (3.3456) MILLS against all real and tangible personal property for the calendar year (January 1, 2008 through December 31, 2008) 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, 2008 and ending September 30, 2009. Section 2. ROLLED-BACK RATE. The tax rate established in Section 1. is 9.72% lower than the computed "rolled-back" tax rate of 3.7060 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 Wolf f The motion was seconded by Councilmember Neglia and, upon being put into a vote, the vote was as follows: Mayor Andrea B. Coy Vice-Mayor Sal Neglia Councilmember Al Paternoster Councilmember Dale I. Simchick Councilmember Eugene Wolff aye aye nay nay aye The Mayor thereupon declared this Resolution duly passed and adopted this 17th day of September 2008. CITY OF SEBASTIAN, FLORIDA By: ATTEST: ~ ~ ~---- R Say .Mai , MMC City Clerk Approved as to form and legality for the reliance by the City of Sebastian only: ~~ Rich Stringer, City Attorney