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HomeMy WebLinkAboutOrdinance No. 02-1987MICROFILMED JUNE Fs ORDINANCE NO. 2 -87 AN ORDINANCE ESTABLISHING AND IMPOSING AN AD VALOREM TAX NOT TO EXCEED .5 MIL ON ALL REAL PROPERTY LOCATED WITHIN THE CITY OF CAPE CANAVERAL, FLORIDA; PROVIDING SAID TAX REVENUE SHALL BE APPROPRIATED FOR BEAUTIFICATION PROJECTS; PROVIDING THAT THE BREVARD COUUNTY TAX COLLECTOR SHALL COLLECT SAID TAX; PROVIDING AN EFFECTIVE DATE. WHEREAS, the electors of the City of Cape Canaveral approved by referendum at the General Election held on November 4, 1986, the imposition of an ad valorem tax for beautification projects; and WHEREAS, the City Council of the City of Cape Canaveral wishes to impose said ad valorem tax; NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Cape Canaveral, Florida, as follows: SECTION 1. There is hereby established and imposed an ad valorem tax not to exceed a rate of .5 mil on the assessed value of all non - exempt real property located within the City of Cape Canaveral, Florida. Said tax shall be determined each year by Resolution adopted by the City Council. SECTION 2. For the purpose of this Ordinance, the valuation of said real property shall be the same as assessed by the Brevard County Property Appraiser. The determination of exempt property shall be made in accordance with Florida law, and determined by the Brevard County Property Appraiser. SECTION 3. The Brevard County Tax Collector is hereby designated to collect the tax imposed by this Ordinance on behalf of the City of Cape Canaveral, Florida. Said tax shall be imposed annually and shall be collected by the Tax Collector, simultaneously with collection of the Brevard County ad valorem tax. SECTION 4. All taxes collected hereunder shall be appropriated for beautification projects in the City of Cape Canaveral. ORDINANCE NO. 2 -87 PAGE 1 OF 2 MICROFILMED JUNE 89 SECTION 5. This Ordinance shall take effect immediately upon its adoption. The tax imposed hereunder shall initially be collected for the Fiscal Year beginning October 1, 1987. ADOPTED BY the City Council of the City of Cape Canaveral, Florida, this 3rd day of February , 1987. 1 First Reading 1 -15 -87 Posted: 1 -16 -87 Advertised: 1 -24 -87 '3econd Reading2-03 -87 NAME YES NO HOOG X KIDD X LEE X MARCHETTI X NICHOLAS X ORDINANCE NO. 2 -87 PAGE 2 OF 2