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96-R-24 '-" ""-tII RESOLUTION 96-R-24 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA, ADOPTING A MILLAGE RATE OF 6.590 MILLS PER $1,000 OF ASSESSED VALUATION FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1996, AND ENDING SEPTEMBER 30, 1997; WHICH REPRESENTS A 4.84 PERCENT DECREASE FROM THE ROLLED BACK RATE OF 6 . 92516 ; REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING 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, 1996, and ending September 30, 1997, 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 6.590 mills per $1,000 assessed valuation is hereby adopted for the City of Edgewater, Florida, for the fiscal year beginning October 1, 1996, and ending September 30, 1997. Section 2. The millage rate to be levied will be below the rolled back rate by Four and Eighty-Four Hundredths percent ( 4.84 %) . 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 All resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed.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 Hays and Second by Councilwoman Martin, the vote on this resolution was as follows: Mayor Jack H. Hayman, Sr. AYE Councilman Danny K. Hatfield AYE Councilwoman Louise A. Martin AYE Councilman Mike Hays AYE Councilman David L. Mitchum AYE 96-R-24 1 PASSED AND DULY ADOPTED this 9th day of September, 1996. CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA By: ek H. Hayman Sr. yor APPROVED FOR FORM & CORRECTNESS: C ista A. Storey City Attorney 96-R-24