HomeMy WebLinkAboutResolution No. 1980-31 MICROFILMED 1-18-83 -
RESOLUTION NO. 80-31
A RESOLUTION ESTABLISHING A MILLAGE
RATE FOR THE LEVY OF AD VALOREM TAXES
FOR 1980 ON ALL TAXABLE PROPERTY LO-
CATED WITHIN THE CITY OF CAPE CANAVERAL,
FLORIDA; PROVIDING AN EFFECTIVE DATE.
WHEREAS, on October 7, 1980 the electorate shall vote,upon a
proposed amendment to the State Constitution increasing homestead exemp-
tion on ad valorem taxes by municipalities; and
WHEREAS, until the issue has been decided, the exact millage
[I]
rate cannot be determined.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Cape Canaveral, Florida as follows:
SECTION 1. The City of Cape Canaveral hereby establishes and
imposes a millage rate for the retirement of bond indebtedness for storm
drainage and for the funding of the recreation complex to be levied upon
the 1980 Tax Assessment roll, for an ad valorem tax on all property located
within the City of Cape Canaveral, Florida. The rate shall be as follows:
a. In the event-. that referendum item #4 on the October 7, 1980
ballot shall pass, then the millage rate for the retirement
of bond indebtedness for storm drainage shall be .9607 mills;,
the millage rate for the funding of the recreation complex
shall be .4803 mills. `
b. In the event that referendum item #4 on the October 7, 1980 -
ballot shall fail, then the millage rate for the retirement
of bond indebtedness for storm drainage shall be .9233_mills;
the millage rate for the funding of the recreation complex '
shall be .4617 mills.
SECTION 2. The City Clerk is hereby directed to provide a certified
copy of this Resolution to the Property Appraiser for Brevard County, Florida.
SECTION 3. This Resolution shall become effective immediately
upon its adoption.
, ADOPTED by the City Council of the City of Cape Canaveral, Florida
this 2nd day of September , 1980.
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