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HomeMy WebLinkAboutR-15-24 Proposed MillageRESOLUTION NO. R-15-24 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A PROPOSED MILLAGE RATE OF 3.8556 MILLS FOR THE CALENDAR YEAR 2015; 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 EIGHT FIVE FIVE SIX (3.8556) MILLS against all real and tangible personal property for the calendar year (January 1, 2015 through December 31, 2015) 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, 2015 and ending September 30, 2016. Section 2. ROLLED -BACK RATE. The tax rate established in Section 1. is 6.24% higher than the computed "rolled -back" tax rate of 3.6290 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 The motion was seconded by Councilmember and, upon being put into a vote, the vote was as follows: Mayor Richard Gillmor Vice -Mayor Jerome Adams Councilmember Andrea B. Coy Councilmember Bob McPartlan Councilmember Jim Hill The Mayor thereupon declared this Resolution duly passed and adopted this 14`h day of September 2015. ATTEST: Sally A. M/0 I 'o, MMC City Clerk CITY OF SEBASTIAN, FLORIDA Richar Gil mor, Mayor Approved as to form and legality for the reliance by the City of Sebastian only: Robert Ginsburg, City Attorney