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HomeMy WebLinkAboutR-12-25RESOLUTION NO. R-12-25 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A PROPOSED MILLAGE RATE OF 3.7166 MILLS FOR THE CALENDAR YEAR 2012; 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 Valarem Tax of THREE POINT SEVEN ONE SIX SIX (3.7166) MILLS against all real and tangible personal property for the calendar year (January 1, 2012 through December 31, 2012) 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, 2012 and ending September 30, 2013. Section 2. ROLLED-BACK RATE. The tax rate established in Section 1. is 4.26% higher than the computed "rolled-back" tax rate of 3.5646 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 arioption by Councilmember �!� �' `� . The / motion was seconded by Councilmember and, upon being put into a vote, the vote was as follows: Mayor Jim Hill Vice-Mayor pon Wright Councilmember Andrea B. Coy Councilmember Richard Gillmor Councilmember Bob McPartlan The Mayor thereupon declared this Resolution duly passed and adopted this 17t" day of September 2012. ATTEST: -� �) + � _�_. Sally A. Mai , MMC City Clerk CITY OF SEBASTIAN, FLORIDA By: -- im Hill, Mayor Approved as to form and legality for the reliance by the City of Sebastian only: ,' �;�C---'T Robert Ginsburg, City Attorney