HomeMy WebLinkAboutResolution No. 1973-36RESOLUTION NO. 73 -36
A RESOLUTION ADOPTING 1973 -1974 VALUATION OF
PROPERTIES, FOR PURPOSES OF STORM DRAINAGE AD
VALOREM TAXATION; SETTING AND PRESCRIBING RATE
OF AD VALOREM TAXATION IN SUPPORT 01: THE STOILM
DRAINAGE PROGRAM: PROVIDING AN EFFECTIVE DA'Z'E.
WHEREAS, HERETOFORE THE CITY OF CAPE CANAVERAL, PUR-
SUANT TO LAW, HAS SOLD AND DELIVERED STORM DRAINAGE GENERAL OB-
LIGATION BONDS, SERIES OF 1966, AND
ATIEREAS, PURSUANT TO TIIE REQUIREMENT OF SAID BONI)
ISSUE IT IS THE DUTY AND INCUMBENT UPON THIS COUNCIL TO PRESCRIBE
THE TAX MILLAGE TO BE ASSESSED AGAINST ALL NON- EXEMPT REAL PROP-
ERTY WITIIIN THE CITY FOR THE PURPOSE 01: FINANCING THE DEBT SERVICE,
PRINCIPAL PAYMENTS AND OTHER PROPER COSTS OF SAID S'TOR,M DRAINAGE
GENEILYL OBLIGATION BONDS, SI7RIES OF 1966, AND
WHEREAS, THE CITY'S FISCAL AGENT, WILLIAM R. HOUGH AND
COMPANY, DULY NOTIFIED THE CITY THAT THE SUM OF $89,337.50, IS
NECESSARY TO DEFRAY THE FEBRUARY 1, 1974 INTEREST PAYMENT; THE AUG-
UST 1, 1974 INTEREST PAYMENT; TIIE PRINCIPAL PAYMENT 01: AUGUST 1,
1974; AND THE COLLECTION AND DELINQUENCY EXPENSES IN REGARD TO SUCH
AD VALOREM TAX REQUIREMENT: AND
IMEREAS, THE TAX ASSESSOR FOR BREVARD COUNTY, FLORIDA
HAVING BEEN PREVIOUSLY AUTHORIZED AND APPOINTED AS THE TAX ASSESSOR
OP THE CITY 01: CAPE CANAVERAL, FLORIDA, ADVISES THAT THE NON- I:XEMPT
TAXABLE PROPERTY LOCATED WITHIN THE CITY OF CAPE. CANAVERAL IS IN
THE AMOUNT OF $35,665,440, AND
WHEREAS, IN ORDER TO DEFRAY TIIE 'TOTAL EXPENSES 01:
$89,337.50, I1' IS NECESSARY TO LEVY AN VALOREM TAX IN THE AMOUNT
OP 2 MILLS.
NOW, TUEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OP CAPE: CANAVERAL, FLORIDA, AS FOLLOWS:
SECTION 1. THE VALUA'T'ION OF ALL Till" REAL PROPERTIES
LOCATED WITHIN THE CITI' OF CAPE CANAVERAL, FLORIDA, AS SHALL BE
PREPARED BY THE OFFICE OF THE TAX ASSESSOR 01: BREVARD COUNTY,
FLORIDA, IS HEREBY ADOPTED AND DECLARED THE OFFICIAL TAX VALUATION
FOR TIIE: CI'T'Y. TUr SAID VALUATION 01: ALL REAL PROPERTIES AS BEFORE
MENTIONED IS HEREBY DESIGNATI :D AS Till: TAX ROLL FOR 'fill: CITY 01:
CAPE CANAVERAL, FLORIDA, FOR TIIE 'PAX YEAR 01: 1973- 197.1.
Page 1 of 2 Res. 73 -36
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SECT-ION. 2 . THERE SHALL BE AND IS HEREBY ASSESSED
AGAINST ALL NON-EXEMPT REAL TAXABLE PROPERTY LOCATED WITHIN THE
CITY OF CAPE CANAVERAL, FLORIDA, AN AD VALOREM TAX IN THE AMOUNT
OF 2 MILLS , FOR THE CITY' S TAXABLE YEAR 1973-1974 .
SECTION 3 . THE TAX ASSESSOR AND TAX COLLECTOR OF
BREVARD COUNTY, FLORIDA, WHO HAVE BEEN PREVIOUSLY APPOINTED AND
COMMISSIONED AS THE TAX ASSESSOR AND TAX COLLECTOR OF THE CITY
OF CAPE CANAVERAL , FLORIDA, ARE HEREBY AUTHORIZED AND DIRECTED
TO ASSESS SUCH AD VALOREM TAX IN SUCH AMOUNT AS AUTHORIZED IN
SECTION 2 HEREOF AND COLLECT THE SAME.
SECTION 4 . THIS RESOLUTION SHALL TAKE EFFECT IM-
MEDIATELY UPON ITS ADOPTION.
ADOPTED THIS 21 DAY OF August,1973 .
MAYORS'
ATTEST :
v-�
CITY CLERK
APPROVED AS TO FORM: YES0ABS
t;ACT.AY
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1RP.n
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CITY ATTORNEY
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Page 2 of 2 Res . 73-36