2023-R-18 - Voted Debt Servicele" RESOLUTION 2023-R-18
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING TENTATIVE
VOTED DEBT SERVICE MILLAGE RATES FOR THE
CITY FOR FISCAL YEAR 2023-2024; PROVIDING FOR
CONFLICTING PROVISIONS, SEVERABILITY AND
APPLICABILITY; PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, the Florida Statutes, including Section 200.065, provide that the City
Council shall adopt a tentative millage rate prior to the adoption of a tentative budget; and,
WHEREAS, the Volusia County Property Appraiser has certified the gross taxable value
of property within the City of Edgewater as $1,724,334,395; and
WHEREAS, October 1, 2023 is the commencement of the fiscal year for the— City of
Edgewater; and
/4"111 WHEREAS, on September 11, 2023, a public hearing was held on the tentative voted
debt service millage rate of $0.1454 mills for fiscal year 2023-2024 and all persons desiring to
voice objection or make comment upon said millage rate were given an opportunity to do so; and
WHEREAS, on September 25, 2023, a public hearing will be held on the final voted
debt service millage rate for fiscal year 2023-2024 and all persons desiring to voice
objections or to make comment upon said millage were given an opportunity to do so.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA:
Section 1: That the City Council of the City of Edgewater, Florida, deems it
necessary to levy and does hereby levy a tax of $0.1454 mills upon all real and personal
property, railroads, telegraph and telephone lines within the City of Edgewater for Voted Debt
elol1 Service.
Resolution 2023-R-18 1
Section 2: The Voted Debt Service levy of $0.1454 mills based on the sale of the
General Obligation Note Payable in 2017.
Section 3. This Resolution shall become effective immediately upon passage and
adoption.
PASSED AND DULY ADOPTED this) day oQ1LY ljl , 2023.
• 'QUaJTv�
C ..
�P �O. Diezel Depew, Mayor
JATT f SO I k
I �
v
Bonnie Z otnik, C, City Clerk
REVIEWED AND APPROVED: Uu")
Aaron R. Wolfe City ttorney
/'1
Resolution 2023-R-18 2