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HomeMy WebLinkAboutR-11-19RESOLUTION NO. R -11 -19 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A PROPOSED MILLAGE RATE OF 3.3041 MILLS FOR THE CALENDAR YEAR 2011; 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. MILLAGE RATE LEVY. There is hereby proposed to levy an Ad Valorem Tax of THREE POINT THREE ZERO FOUR ONE (3.3041) MILLS against all real and tangible personal property for the calendar year (January 1, 2011 through December 31, 2011) and the resulting tax revenue is to be appropriated for the General Operating Fund of the City of Sebastian for the fiscal year beginning October, 1, 2011 and ending September 30, 2012. Section 2. ROLLED -BACK RATE. The tax rate established in Section 1. is 11.44% lower than the computed "rolled- back" tax rate of 3.7311 mills. Section 3. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 4. its adoption. EFFECTIVE DATE. This resolution shall take effect immediately upon The foregoing Resolution was moved for adoption by Councilmember coy . The motion was seconded by Councilmember Gillmor and, upon being put into a vote, the vote was as follows: Mayor Jim Hill absent Vice -Mayor Don Wright aye Councilmember Andrea B. Coy aye Councilmember Eugene Wolff aye Councilmember Richard Gillmor aye The Mayor thereupon declared this Resolution duly passed and adopted this 19th day of September 2011. ATTEST: Sally A. Maio C City Clerk CITY OF SEBASTIAN, FLORIDA Von Wright B Y Zde. Vice Mayor for Jim Hill, Mayor Approved as to form and legality for the reliance by the City of Sebastian only: Robert Ginsburg, City Attorney