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2011-R-18 RESOLUTION 2011-R-18 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL MILLAGE RATES FOR THE CITY FOR FISCAL YEAR 2011-2012; 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 $582,726,592 and has certified a rolled-back rate of $7.8528 per $1,000 of taxable value for the City of Edgewater; and WHEREAS, October 1, 2011 is the commencement of the fiscal year for the City of Edgewater; and WHEREAS, on September 12, 2011, a public hearing was held on the tentative millage rate of$6.47 mills for fiscal year 2011-2012 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 26, 2011, a public hearing was held on the final millage rate of $6.47 for fiscal year 2011-2012 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$6.47 mills upon all real and personal property, railroads, telegraph and telephone lines within the City of Edgewater for operational purposes and $0.0604 mills for Voted Debt Service. Section 2: The operating levy of$6.47 mills represents a (17.61%) change from the rolled-back rate. Section 3: The Voted Debt Service levy of $0.0604 mills based on the sale of the Limited General Obligation Note Payable in 2005. Section 4. This Resolution shall become effective immediately upon passage and adoption. After Motion for app2;al by0",akj m„ CQ422r and Secondq(rn,nn;l n &MUL4 , c the vote on this Resolution was as follows: AYE NAY Mayor Mike Thomas —L Councilman Justin A. Kennedy_ Councilwoman Gigi Bennington Councilman Mike Ignasiak Councilman Ted Cooper x PASSED, APPROVED AND ADOPTED this 26th day of September, 2011 ATTEST: 1 CITY COUNCIL OF THE A EW � DA aelL. homasor Robin L. Matusick Paralegal For the use and reliance only by the City of Approved by the City Council of the City of Edgewater, Florida. Approved as to form and Edgewater at a meeting held on this 26th day of legality by: Aaron R. Wolfe, Esquire September, 2011 under Agenda Item No.&—. City Attorney Doran Sims, Wolfe, Ansay &Kundid