93-40 v RESOLUTION NO. 93-40
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
1993/94
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 . 1721 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 18 . 85%
greater than the rolled back rate.
Section 2 . That a millage rate of . 1055 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 2 th day o .ep -mbe , ' 993 .
I
i .4 \ AA NA00i-
' William I . G ', ford, Jr.
Mayor, Presi ; Ofricer
Approved as to form and correctness:
`:
an Jenr , City Attorney
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ATT T:
Maureen K'.,ig, C . y CSrk