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2014-R-15 RESOLUTION 2014-R-15 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL VOTED DEBT SERVICE MILLAGE RATES FOR THE CITY FOR FISCAL YEAR 2014-2015; 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 tentative millage rate prior to the adoption of a tentative budget; and, WHEREAS, the Volusia County Property Appraiser has certified the gross taxable value of property within the City of Edgewater as $653,347,511; and WHEREAS, October 1, 2014 is the commencement of the fiscal year for the City of Edgewater; and WHEREAS, on September 8, 2014, a public hearing was held on the tentative voted debt service millage rate of$0.053 mills for fiscal year 2014-2015 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 22, 2014, a public hearing was held on the final voted debt service millage rate for fiscal year 2014-2015 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$0.053 mills upon all real and personal property, railroads, telegraph and telephone lines within the City of Edgewater for Voted Debt Service. Section 2: The Voted Debt Service levy of $0.053 mills based on the sale of the Limited General Obligation Note Payable in 2005. Section 3. This Resolution shall become effective immediately upon passage and adoption. After Motion for approval byl i piTo ja_ and Second by l..L Ino_iIcuZ +' ITV_ the vote on this Resolution was as follows: AYE NAY Mayor Mike Thomas Councilwoman Christine Power Councilwoman Gigi Bennington /1 Councilman Mike Ignasiak X Councilman Gene Emter __ PASSED,APPROVED AND ADOPTED this 22nd day of September, 2014. ATTEST: CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA A. By: ifo Bonnie A. Wenzel ichael L. I homas Clerk Mtayor Robi L. Matusick Paralegal For the use and reliance only by the City of Edgewater, Approved by the City Council of the City of Edgewater Florida. Approved as to form and legality by: at a meeting held on this 22"d day of September, 2014 Aaron R.Wolfe,Esquire under Agenda Item No. 8C . City Attorney Doran, Sims, Wolfe&Kundid