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HomeMy Public PortalAbout2007-42 Adopting the Final Millage Rate of VKB for the Fiscal Year 2007-08 (Trim Bill)RESOLUTION NO. 2007-42 A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE, FLORIDA; ADOPTING THE FINAL MILLAGE RATE OF THE VILLAGE OF KEY BISCAYNE FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2007 THROUGH SEPTEMBER 30, 2008 PURSUANT TO FLORIDA STATUTE 200.065 (TRIM BILL); PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Section 200.065 of the Florida Statutes, the Property Appraiser has made tax assessments for all real property within the jurisdiction of the Village of Key Biscayne; and WHEREAS, on July 2, 2007, the Village Council adopted Resolution No. 2007-30 determining the "Proposed Millage Rate" for the fiscal year commencing October 1, 2007 and further scheduled the public hearings required by Section 200.065 of the Florida Statutes to be held on September 11 and 25, 2007 at 7:00 p.m.; and WHEREAS, the public hearings, as required by Section 200.065(2) (c) and (d), were held by the Village Council on September 11 and 25, 2007, commencing at 7:00 p.m., as previously noticed; and WHEREAS, the September 25, 2007, public hearing was recessed, and was continued to 7: 00 P.M. on October 4, 2007 pursuant to proper special notice as authorized by law, and the public and all interested parties having had the opportunity to address their comments to the Village Council and the Village Council having considered the comments of the public regarding the final millage rate and having complied with the "TRIM" requirements of the Florida Statutes. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF KEY BISCAYNE, FLORIDA AS FOLLOWS: Section 1. That the final millage rate for the Village of Key Biscayne for the fiscal year commencing October 1, 2007 through September 30, 2008 be and is hereby fixed at the rate of 3.2 mills which is $ 3.20 dollars per thousand dollars of assessed property value within the Village of Key Biscayne. Section 2. That the rolled -back rate is 2.966 mills and the final millage rate is 3.2 mills which is 7.89 percent over the rolled -back rate. Section 3. That this Resolution was adopted by a 7 to 0 vote of the entire Council. Section 4. That this resolution shall be effective immediately upon its adoption by the Village Council. PASSED AND ADOPTED this 4th day of October , 2007. MAYOR ROBERT L. VERNON e7,/ek, CHITA H. ALVAREZ, CMC, VILLAGE CLERK APPROVED AS TO FORM AND LEGAL SUFFICIENCY: VILLAGE A •J4 EY