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93-R-19 .... ..... RESOLUTION NO. 93-R-19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA, ADOPTING A MILLAGE RATE OF 5.8882 MILLS PER $1,000 OF ASSESSED VALUATION FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1993, AND ENDING SEPTEMBER 30, 1994; WHICH REPRESENTS A TWENTY-SIX AND FIFTY- THREE HUNDREDTHS PERCENT INCREASE FROM THE ROLLED BACK RATE OF 4.65366; REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Section 200.065, Florida Statutes, it is necessary to adopt a millage rate for the fiscal year beginning October 1, 1993, and ending September 30, 1994, and to state the percent, if any, by which the millage rate to be levied exceeds the rolled-back rate. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Edgewater, Florida: Section 1. A millage rate of 5.8882 mills per $1,000 assessed valuation is hereby adopted for the City of Edgewater, Florida, for the fiscal year beginning October 1, 1993, and ending September 30, 1994. Section 2. The millage rate to be levied will exceed the rolled back rate by twenty-six and fifty-three hundredths percent (26.53%) . Section 3 . All resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed. Section 4. This resolution shall take effect upon adoption. After Motion by Councilman Mitchum and Second by Councilman Hays, the vote on this resolution was as follows: Mayor Jack H. Hayman, Sr. AYE Councilman Kirk Jones AYE Councilwoman Louise A. Martin AYE Councilman Mike Hays AYE Councilman David L. Mithcum AYE PASSED AND DULY ADOPTED this 13th day of September, 1993. 93-R-19 1 ATTEST: 93-R-19 CITY COUNCIL OF THE CITY OF EDGENATER, FLORIDA By: Jack H. t an, Sr. Mayor APPROVED FOR FORM & CORRECTNESS: /� A.G min jrj4 Rrltta A. Storey City Attorney