HomeMy WebLinkAboutResolution No. 1969-34RESOLUTION NO. 69 -311
A RESOLUTION ADOPTING 1969 -1970 VALUATION OF
PROPER'1'II ?S, FOR PURPOSE OF STORM DRAINAGE AD
VALOREM T'AXAT'ION; SETTING AND PRESCRIBING RATE
Or All VALOREM TAXATION IN SUPP013T OF THE STORM
DRAINAGE PROGRAM; PROVIDING AN EFFECTIVE DATE.
WHEREAS, this Council has previously appointed the Tax
Assessor of Brcvard County as the official Tax Assessor of the City
of Cape Canaveral, Florida and
WHEREAS, tlu said Tax Assessor in now completing the valua-
tion of all properties located within the City of Cape Canaveral,
Florida, for tax purposes and
WHEREAS, It is now incumbent upon this Council to accept
and declare official that valuation of properties as shall be deter-
mined by the said Tax Assessor, and
WHEREAS, Chapter 63 -1197, Laws of Florida, Special Acts of
1963, authorizes ad valorem taxation to finance special Improvements
within the City upon an affirmative vote of the freeholders of the
City, and
WHEREAS, the Council of the City of Cape Canaveral, Florida,
by its Resolution duly and regularly adopted at Its meeting held on
the 15th day of February, 1966, did call an election for the purpose
of submitting to the qualified electors residing in ouch City, who
were freeholders and who had specially re- registered therefor, for
their approval or disapproval of the issuance by the City of General
obligation bonds in the principal amount of not exceeding '.1,200,000,
bearing interest at a rate or rates not to exceed the legal rate, and
such Resolution having further provided and did direct that notice of
such election be given by publication in accordance with law; and
WHEREAS, due and regular notice of such bond election has
been published in the Cocoa 'Tribune, a newspaper of general circula-
tion within the City of Cape Canaveral and published in Brevard County,
Florida, said publication having been made once each week for four
consecutive weeks with the first publication thereof not less than
thirty (30) days prior to the date of ouch special election, to -wit:
March 29, 1966; and
WHEREAS, purouant to the aforesaid Hesolution calling said
election and in accordance with the law, the question stated iu said
RES 61 -Jy
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Resolution was submitted to the qualified electors reslding in said
City who were freeholders and who had specially re- registered for
participation therein on March 29, 1966; and
WHEREAS, the said election was duly and properly held In
accordance with law, and the votes cast there at were returned,
delivered, and canvassed according to law, and such election re-
flected that the Special Freeholder Election conducted on March 29, 1966,
had as its result 202 voters for the said Issue, with 310 voters par-
ticipating, and
WHEREAS, subsequent to such Special Freeholder Election,
the City . validated by decree of the Circuit Court of Brevard County,
'11,200,000 of Storm Drainage General Obligation Bonds, Series of 1966;
and
WHEREAS, subsequent to such validation, the City has prop-
erly and with authorization of law sold and delivered such bonds; and
WHEREAS, such storm drainage project is now completed with-
In the City according to the plans and specificatlons, on file with
the City; and
WHEREAS, it is now the duty and incumbent upon this Council
to prescribe the tax millage to be assessed against all non- exempt
real property within the City for the purpose of financing the debt
service, principal payments, and other proper costa of said Storm
Drafnaf;e General Obligation Bonds, Series of 1966; and
WHFHEAS, the Citys fiscal agent, William R. Hough and
Company, duly notified the City that the aims of '172,921.72 is necessary
to defray the February 1, 1970, Interest payment; the August 1, 1970,
Interest payment; the principal payment of August 1, 1970; and the
collection and delinquency expenses In regard to such ad valorem tax
requirement; and
WHEREAS, the Tax Assessor for Brevard County, Florida hav-
ing been previously authorized and appointed as the Tax Assessor of
the City of Cape Canaveral, Florida, advises the t. the total value oi'
assessable real Property within the City of Cape Canaveral, Florida,
Is in the amount of t,29,269,5111, and that the non- exempt taxable pro-
perty located within the City Of Cape Canaveral is in the amount of
v 7,87 9,501, and
RE SO- Jy
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MICROFILMED
4-10-80
WHEREAS, in order to defray the total expenses of
572, 921.72, it is necessary to levy an ad valorem tax in the amount
of 2.5 mills.
NOW THEREFORE, be it Resolved by theCity Council of the
City of Cape Canaveral, Florida, as follows :
SECTION 1. The Valuation of all the real properties loca-
ted within the City of Cape Canaveral, Florida, as shall be prepared
by the office of the Tax Assessor of Brevard County, Florida is here-
by adopted and declared the official tax valuation for the City.
The said valuation of all real properties as before mentioned is
hereby designated as the Tax Roll for the City of Cape Canaveral,
Florida, for the tax year of 1969 through 1970.
SECTION 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 2.5 mills,
for the Citys taxable year 1969-1970.
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 immediately
upon its adoption.
ADOPTED by the City Council of the City of Cape Canaveral,
Florida, this 7 C day of October, 1969.
ayor
ATTEST:
City C1 rko9X-a-r.4_4---,--e-c.)
,
APPROVED AS TO FORM:
iRirz 69f-34
City Attorn y
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