968ORDINANCE NO, n/�
AN ORDINANCE OF THE CITY OF EDGEWATER,
FLORIDA LEVYING AND IMPOSING UPON ALL
INSURERS NOW OR HEREAFTER ENGAGING IN
OR CARRYING ON THE BUSINESS OF INSURING
WITH RESPECT TO CASUALTY RLSM AN EXCISE
OR LICENSE TAX IN ADDITION TO ANY TAX NOW
LEVIED OF 1% OF THE GROSS AMOUNT OF RECEIPTS
OF ALL PREMIUMS FROM CASUALTY INSURANCE
POLICIES INSURING PROPERTY WITHIN THE
MUNICIPAL LIMITS OF THE CITY OF EDGEWATER,
FLORIDA, AND PROVIDING WHEN SAID TAX SHALL
BE DUE AND PAYABLE.
WHEREAS, the Legislature of the State of Florida, by
Chapter 28230, Laws of Florida, 1953, created a Special fund known
as the "Municipal. Police Officers' Retirement Trust Fund" and thereby
authorized municipalities falling within the purview of said act, to levy
an additional tax upon such insurance carriers designated in said act,
the said proceeds from said tax to be used in partial 'support of said fund,
and
WHEREAS, it is the desire of the City Council of the City of
Edgewater, Florida, to put into effect the provisions of said Chapter
28230 in said municipality,
NOW, THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY
OF EDGEWATER, FLORIDA AS FOLLOWS:
SECTION 1: That there is hereby assessed, imposed and levied
on every insurance company, corporation or other insurer now engaging
in or carrying on, or which shall hereafter engage in or carry on the
business of insuring with respect to casualty risks, as shown by the records
of the Insurance Commissioner of the State of Florida, an excise or license
tax in addition to any license tax or excise tax now levied by the City of
Edgewater, Florida, which said tax shall be in the amount of 1% of the
gross amount of receipts of premiums from policyholders on all premiums
collected on casualty insurance policies, covering property within the
corporate limits of the City of Edgewater, Florida.
SECTION 2: That the license or excise tax herein levied shall be
due and payable annually on the first day of March of each year,he: F .
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SECTION 3: That this Ordinance shall take effect immediately
upon its passage and approval as provided by law.
SECTION 4: That the City Clerk is hereby directed to advertise
this Ordinance as required by law.
The first reading of the above Ordinance was read in full and
passed by vote of the City Council of the City of Edgewater, Florida
at the meeting of said Council held on the 2LXdday
Of 1977 and approved as provided by law.
The seco d reading of said Ordinance to be at the
meeting of the City Council to be held on the day of
1977. Roll Call vote as follows:
ATTEST: J� 1-1
M yor
Co ilwom an
FIRST READING
SECOND READING
City Clerk
Councilman
Mayor
Councilwoman
Councilman
APPROVED this oZ I day
of 1977.
Councilman
_i repared by W
Mayor
M. Gillespie, City Attorney