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86-R-40RESOLUTION NO. 86-R-40 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 1986-1987, WHICH REPRESENTS AN EIGHTEEN POINT THREE FIVE (18.35) PERCENT INCREASE OVER THE ROLLED BACK RATE OF 5.323; REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PRO- VIDING 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 1986-1987, representing an eighteen point three five (18.35) percent increase over the rolled back rate of 5.323. 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 1986-1987. SECTION 2. That, the millage rate to be levied will exceed the rolled back rate by eighteen point three five (18.35) 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 That all resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed.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 25th day of September 198 6 , and approved as provided by law. This resolution was introduced and sponsored by Councilman Asting , 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 25th day of September 198 6 , and approved as provided by law. ROLL CALL VOTE AS FOLLOWS: ATTEST: CITY CLERVAMMINISTRAT� Authenticated this 25th day of September ,198 6 �IDI.M0.7 /_ „OZL COUNCILMAN 77�T, COUNCI - Z�ON/ THREE .r ki �1CILMAN - ZONE FOUR App ov r le alit form: ATTORNEY -2- Res. No. 86-R-40