89-44 v RESOLUTION NO. 89-44
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 1989/90.
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 $2.5901 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 74.2% greater than the rolled back rate.
Section 2. That a millage rate of $. 1069 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 purposes 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.
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Adopted by the City Commission th's 25t day of Sep.ember , 1989.
illiam I. Gulli o..
Mayor/Presiding 0 fic:'
Approved as to fo : and correctness:
-phen Stratf. d
nterim City Attorney
ATTES T:
Maureen King, City Clerk