94-32 v RESOLUTION NO. 94-32
A RESOLUTION SETTING THE MILLAGE RATE TO BE LEVIED ON ALL
REAL AND PERSONAL PROPERTY WITHIN THE CORPORATE LIMITS OF
THE CITY OF ATLANTIC BEACH FOR FISCAL YEAR 1994/95
WHEREAS , the governing body of the City of Atlantic Beach has
held a public hearing on the tentative budget and proposed millage
rate, and
WHEREAS , Chapter 200 . 065, Florida Statutes , requires at the
public hearing to finalize the budget , the governing authority must
adopt a separate resolution stating the millage rate to be levied.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the
City of Atlantic Beach, Florida , as follows :
Section 1 . An ad valorem millage rate of 3.7721 per $1 , 000. 00
value is hereby authorized to be levied on all real and personal
property within the corporate limits of the City of Atlantic Beach,
provided, however, that said millage shall not be levied upon
property claimed and allowed as homestead under the General Laws of
the State of Florida. The millage is 20 . 59% greater than the
rolled back rate .
Section 2 . That a millage rate of . 0972 per $1 , 000 . 00
valuation be levied on all real and personal property within the
corporate limits of the City of Atlantic Beach including
homesteads , for the purpose of paying interest and principal on
General Obligation Bonds .
Section 3 . This Resolution is proposed, considered and
adopted under the provisions of Chapter 166 and 200 . 065, Florida
Statutes .
Adopted by the City Commission this 26th day of September, 1994.
, 'man T. F etcher , Mayor
Mayor, Presiding Officer
Approved as to form and correctness :
•ran Jer , City Attorney
i
Maur en King, Ciyy Cllerk