HomeMy WebLinkAboutCity of Tamarac Resolution R-87-316P.
1
Z
3
A
5
i
33
34
33
36
Temp. Reso. # 4800
CITY OF TAMARAC
RESOLUTION NO. R-87-_3�L
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TAMARAC, BROWARD COUNTY, FLORIDA ADOPTING THE
MILLAGE FOR THE 1987 TAX ROLL; LEVYING A TAX.ON
ALL PROPERTIES, REAL AND PERSONAL, WITHIN THE
CORPORATE LIMITS OF THE CITY OF TAMARAC, BROWARD
COUNTY, FLORIDA, FOR OPERATION AND/OR MAINTENANCE
EXPENSES OF THE CITY OF TAMARAC; LEVYING A TAX FOR
THE PAYMENT OF PRINCIPAL AND INTEREST FOR BONDED
INDEBTEDNESS; PROVIDING AN EFFECTIVE DATE.
WHEREAS, it has been determined that the sum of $2,994,411
for operation and/or maintenance expenses of the General Fund for the
October 1, 1987 through September 30, 1988 fiscal year must be raised
by a tax levy on all non-exempt real and personal property within the
corporate limits of the City of Tamarac; and
WHEREAS, it has been determined that the sum of $74,400
for debt service expenses of the 1975 General Obligation Bonds during
the October 1, 1987 through September 30, 1988 fiscal year must be
levied on all non-exempt real and personal property within the
corporate limits of the City of Tamarac; and ,
WHEREAS, it has been determined that the sum of $382,505
for debt service expenses of the 1986 General Obligation Bonds during
the October 1, 1987 through September 30, 1988 fiscal year must be
levied on all non-exempt real and personal property within the
corporate limits of the City of Tamarac; and
1
1
21
3
4
5
1;
33
34
33
36
Temp. Reso. #4800
WHEREAS, it has been determined that the sum of $190,443
for debt service expenses of the 1987 General Obligation Bonds during
the October 1, 1987 through September 30, 1988 fiscal year must be
levied on all non-exempt real .and personal property within the
corporate limits of the City•of Tamarac; and
WHEREAS, it has been determined by the Broward County
Property Appraiser that the assessed valuation of taxable property on
the 1987 Tax Roll, after certain exemptions have been allowed, in
accordance with the laws of the State of Florida, amounts to the sum
of $1,038,896,236 to be used as the basis of the tax millage for
operation and/or maintenance expenses and debt service expenses, now,
therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC,
SECTION 1: That the City Council of the City of Tamarac
herewith levies 3.0340 mills on the total non-exempt valuation of
$1,038,896,236 and the receipts from said levy are to be deposited in
the General Fund to be used for the operation and/or maintenance
expenses of the City of Tamarac for the October 1, 1987 through
September 30, 1988 fiscal year.
SECTION 2: That an additional sum of 0.0754 mills is
herewith levied on the total non-exempt valuation of $1,038,896,236
and the receipts from said levy are to be deposited in the 1975
General Obligation Bond Fund to be used during the October 1, 1987
through September 30, 1988 fiscal year solely to pay principal,
interest and for reserve requirements on General Obligation Bonds of
the City of Tamarac, dated July 1, 1975.
K
Temp. Reso. #4800
1
2'
i
3
i
5
1
33
34
35
36
SECTION 3: That an additional sum of 0.3876 mills is
herewith levied on the total non exempt valuation of $1,038,896,236
and the receipts from said levy are to be deposited in the 1986
General Obligation Bond Fund to be used during the October 1, 1987
through September 30, 1988 fiscal year solely to pay principal,
interest, and for reserve requirements on General Obligation Bonds of
the City of Tamarac dated July 1, 1986.
$GTIQN_4: That an additional sum of 0.1930 mills is
herewith levied on the total non exempt valuation of $1,038,896,236
and the receipts from said levy are to be deposited in the 1987
General Obligation Fund to be used during the October 1, 1987 through
September 30, 1988 fiscal year solely to pay principal, interest, and
for reserve requirements on General Obligation Bonds of the City of
Tamarac dated May 1, 1987.
BB T10�' 5: That the City Council hereby finds and determines
that such levy of 3.0340 mills for operation and/or maintenance
expenses represents a 6.24% decrease in property tax rates.
fECTIQ I�6: That such levy of
General Fund
1975 General Obligation Bond Fund
1986 General obligation Bond Fund
1987 General Obligation Bond Fund
Total Debt Service
Total Millage
0.0754
0.3876
0.1930
K
3.0340
0_6560
3.6900
1
2
3
4
5
9
10
11
lu
13
14
i
�15
16
117
21
22
23
24
25
26
27
28
29
30
r,
fl
Temp. Reso. #4800
be certified by the City Clerk to the Broward County Property
Appraiser by delivering a certified copy of this resolution
so that such tax levy and millage may be extended against all
property located within the corporate limits of the City of
Tamarac, Broward County, Florida liable for taxation.
SECTION 7: The City Clerk is hereby authorized and
instructed to forward to the tax collector of Broward County
a certified copy of this Resolution.
,SECTION 8: The City Clerk is hereby authorized and
instructed to forward to the Department of Revenue and to the
Comptroller of the State of Florida a certified copy of this
Resolution.
EECTjQ]_9: This resolution shall become effective
immediately upon adoption.
PASSED, ADOPTED AND APPROVED this 22nd day of September,
1987.
ATTEST:
CAROL E. BAR
CITY CLERK
I HEREBY CERTIFY that•.I have
approved this RESOLUTION as to
form.
RICHARD M. REDNOR
ACTING CITY ATTORNEY
4
01
MAYOR
BERNARD HART
"," i'OR: HART
4: FAT. l: C/M ROHR
GIST. 2: C/M STELZER
LIST. 3: C/M HOFFMAN---
DltST. 4: V/M STEIN �.