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HomeMy Public PortalAboutORD 10/03ORDINANCE NO. 010/3 AN ORDINANCE OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE GENERAL FUND FINAL MILLAGE RATE FOR THE TOWN OF GULF STREAM FOR FISCAL YEAR COMMENCING OCTOBER 1, 2010 AND ENDING ON SEPTEMBER 30, 2011. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA THAT: SECTION 1. The Town Commission does hereby adopt its final millage rate of 2.8655 mills to be levied for the General Fund upon all real and tangible personal property located within the boundaries of the above named taxing authority. SECTION 2. The final levy of 2.8655 mills is 5.6594% less than the rolled back rate. SECTION 3. This final millage rate of 2.8655 is for the calendar year 2011 to fund the expenses for the fiscal year commencing October 1, 2010 and ending September 30, 2011. SECTION 4. All other Ordinances of the Town of Gulf Stream, Florida or parts thereof which conflict with this or any part of this Ordinance are hereby repealed. SECTION 5. This Ordinance shall take effect immediately upon its passage. PASSED AND ADOPTED in a regular, adjourned session on first reading this 10th day of September, 2010, and for a second and final reading on this 21st day of September, 2010. i MAYOR ATTEST: �/� V/ -'/ ao-4 AA� T N CLERK TOWN COMMISSION