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87-R-38RESOLUTION NO. 87-R-38 A RESOLUTION ADOPTING A CERTIFIED MILLAGE RATE OF 6.300 MILLS PER $1,000.00 ASSESSED VALUATION FOR THE CITY OF EDGEWATER, FLORIDA, FOR THE FISCAL YEAR 1987-1988, WHICH REPRE- SENTS A SIX POINT THREE ONE (6.31) PERCENT INCREASE OVER THE ROLLED BACK RATE OF 5.926; REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE. WHEREAS, it is necessary to approve and adopt the certified millage rate as established by the Volusia County Property Appraiser and in accordance with Florida Law, and WHEREAS, the Volusia County Property Appraiser has certified a millage of 6,300 mills per $1,000.00 assessed valuation for the City of Edgewater, Florida, for the fiscal year 1987-1988. representing a six point three one (6.31) percent increase over the rolled back rate of 5.926. 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, hereby adopts a certified millage rate of 6.300 mills Per $1,000.00 assessed valuation for the City of Edgewater, Florida, for the fiscal year 1987-1988. SECTION 2, That the millage rate to be levied will exceed the rolled back rate by six point three one (6.31) percent. SECTION 3. That all resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed. SECTION 4. That this resolution shall take effect immediately upon its adoption by the City Council of the City of Edgewater, Florida, at a special meeting of said Council held on the 24th day of September 198L, and approved as provided by law, This resolution was introduced and sponsored by Councilman v Astina and was read and passed by the City Council of the City of Edgewater, Florida, at a special meeting of said Council held on the 24th day of September 198 7 , and approved as provided by law. ROLL CALL VOTE AS FOLLOWS: Authenticated this 24th day of September ,198 7. Approved for legality and -2- Res. No. 87-R-38 rs