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2010-R-14RESOLUTION 2010-R-14 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL MILLAGE RATES FOR THE CITY FOR FISCAL YEAR 2010-2011; 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 final millage rate prior to the adoption of a final budget; and, WHEREAS, the Volusia County Property Appraiser has certified the gross taxable value of property within the City of Edgewater as $685,099,203 and has certified a rolled -back rate of $7.7048 per $1,000 of taxable value for the City of Edgewater; and WHEREAS, October 1, 2010 is the commencement of the fiscal year for the City of Edgewater; and WHEREAS, on September 13, 2010, a public hearing was held on the tentative millage rate of $6.591 mills for fiscal year 2010-2011 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 27, 2010, a public hearing was held on the final millage rate of $6.591 for fiscal year 2010-2011 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: Section 1: That the City Council of the City of Edgewater, Florida, deems it necessary to levy and does hereby levy a tax of $6.591 mills upon all real and personal property, railroads, telegraph and telephone lines within the City of Edgewater for operational purposes and $0,047.5 mills for Voted Debt Service. Section 2: The operating levy of $6.591 mills represents a (17.45%) change from the rolled -back rate. Section 3: The Voted Debt Service levy of $0.0475 mills based on the sale of the Limited General Obligation Note Payable in 2005. FIQ1MME! Section 4. This Resolution shall become effective immediately upon passage and adoption. After Motion for approval by[aw1worn, and Second by rw„p j. n=n khodrs , the vote on this Resolution was as follows: `J AYE NAY Mayor Mike Thomas Councilwoman Debra J. Rogers X Councilwoman Gigi Bennington — x Councilwoman Harriet B. Rhodes Councilman Ted Cooper PASSED AND DULY ADOPTED this 27i° day of September, 2010. ATTEST: (APPROVED: By: �I Bonnie, W_cnzel, City Cddrk Mi a Thoma or �gBLP"fYtr� NAa�;, ,`r.t", x Robin L. Matusick, Paralegal r x For useand reliance only by the City of Approved by the City Council of the City of I!dgcwmcr. Florida. Approved as to form and Edgewater at a meeting held this 27a day of legality by: Carolyn S. Ansay, Esquire September, 2010 under agenda Item No. P- . City Attorney Doran, Wolfe, Ansa & Kundid 2010-R-14 2