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RESOLUTION NO. 2003 - (.DO A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, ESTABLISHING THE CITY OF SUNNY ISLES BEACH AD VALOREM TAX MILLAGE LEVY RATE AT 3.35 MILLS PER ONE THOUSAND ($1,000) DOLLARS OF TAXABLE ASSESSED VALUE WHICH IS 11.52% GREATER THAN THE "ROLLED BACK" RATE OF 3.004 MILLS, FOR FISCAL YEAR 2003/04; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Property Appraiser of Miami-Dade County, Florida, served upon the City of Sunny Isles Beach a "Certification of 2003 Taxable Value"; and WHEREAS, pursuant to Section 200.065, F.S., the City of Sunny Isles Beach furnished the County Property Appraiser the proposed millage rate, and the date, time and place at which public hearings will be held to consider the proposed millage rate and tentative budget; and WHEREAS, on September 11,2003, the City Commission adopted Resolution No. 2003- 587, establishing tentatively the proposed ad valorem tax millage levy rate at 3.35 mills per One Thousand ($1,000) Dollars of taxable assessed value. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Establish the Millage Rate. The millage rate is hereby established as 3.35 per One Thousand ($1,000) Dollars of assessed property value in the City of Sunny Isles Beach. The millage reflected is 11.52% greater than the "rolled back" rate of 3.004 mills, for Fiscal Year 2003/04. Section 2. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED on this 25th day of September, 2003 t"1 : D 3 p.m. ATTEST: ~ ;.- ........ ) ',..I ,_ " ~~:_~' .. ~' ~.' . ~ Jane A. Hines,.Acting,City Clerk 1 R2003- Millage Ratel2"" Budget Hearing