90-O-22
/.
w
""'"
ORDINANCE NO. 90-0-22
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EDGE-
WATER, FLORIDA, AMENDING CHAPTER 11, ARTICLE II.
MISCELLANEOUS TAXES AND REGULATIONS, OF THE CODE OF
ORDINANCES OF THE CITY OF EDGEWATER, FLORIDA, BY
DECREASING THE EXCISE TAX ON THE GROSS AMOUNT OF
PREMIUMS ON MUNICIPALITIES POLICE RETIREMENT FUNDS FROM
ONE (1%) PERCENT TO .85 PERCENT; CONTAINING A REPEALER
PROVISION, A SEVERABILITY CLAUSE AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, Chapter 185, Florida statutes, was amended by
reducing the excise tax on the gross amount of premiums on munci-
palities Police Retirement Funds from 1% to .85%, and
WHEREAS, Section 11.20 of the Code of Ordinances of the
City of Edgewater, Florida, must be amended to comply with the
new amendment to the State statute.
NOW, THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF
EDGEWATER, FLORIDA:
SECTION 1.
That Chapter 11, Article II, Miscellaneous
Taxes and Regulations, of the Code of Ordinances of the City of
Edgewater, Florida, be amended as follows:*
CHAPTER 11
OCCUPATIONAL LICENSES, TAXES AND REGULATIONS
ARTICLE II. MISCELLANEOUS TAXES AND REGULATIONS
Section 11-20. Excise tax on insurance companies.
(a) 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 carryon
the business of insuring with respect to casualty risks, as shown
by the records of the insurance commissioner of the state, an
excise tax in addition to any license tax or excise tax now lev-
ied by the city, which said tax shall be in the amount of efte
~e~ eeft~ .85 per cent of the gross amount of receipts of pre-
miums from policyholders on all premiums collected on casualty
insurance policies, covering property within the city.
*Deleted language has been ~~fted ~A~e~~A and new language
underscored.
1
, ,
.
~
."""
SECTION 2. That all ordinances or parts of ordinances and
all resolutions in conflict herewith, be and the same are hereby
repealed.
SECTION 3.
If any section, part of a section, paragraph,
clause, phrase or word of this ordinance is declared invalid, the
remaining provisions of this Ordinance shall not be affected.
SECTION 4.
This Ordinance shall take effect immediately
upon its adoption by the City Council of the City of Edgewater,
Florida, and approval as provided by law.
This Ordinance was introduced by
Councilman Gold
This Ordinance was read on first reading and passed by a
vote of the City Council of the City of Edgewater, Florida, and
approval as provided by law, at a
Regular
said Council held on the 21
May
day of
The second reading of this Ordinance to be at a
meeting of
, 1990.
meeting of the City Council of the City of Edgewater, Florida, to
Regular
be held on the
day of
, 1990.
4
June
ROLL CALL VOTE ON
SECOND READING:
~itp7~d~
~~r 0
C,9UrtC1 ma -Zone
/,/' ,.
, /~A" ",J' A .I,}!'/Y/}"
...><.:~-~~v-,~".c~ t-r- . ~
{
councilman-zone Three
--~ JL--M
Councilman-Zone Four
2
~c (
c
~
-r
~
r
;:9'c""\
#h-
~
/
/b2-, /
___/ .f-;..,....tt;""/~
/,>/
i/
'f1-
,,;A'fd-fWwnce read and adopted on second reading at a
meeting of the City Council of the City f Edge-
wate , Florida, and authenticated this dayf ,
1990. /I _ �� 7
�j
This Or inan j2eby-
Ci y Attorn