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R-2010-18 CITY OF CLERMONT • RESOLUTION NO. 2010 -18 • A RESOLUTION OF THE CITY OF CLERMONT OF LAKE COUNTY, FLORIDA, ADOPTING THE TENTATIVE AD VALOREM MILEAGE RATE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2010, AND ENDING SEPTEMBER 30, 2011; PROVIDING FOR COLLECTION OF TAXES; PROVIDING AN EFFECTIVE DATE. WHEREAS, a portion of the revenue for the City's 2010 -2011 fiscal year general government budget must be raised from the assessment and levy of an ad valorem tax on each dollar of taxable property in the City of Clermont, Florida; and WHEREAS, the gross taxable value for operating purposes not exempt from taxation within the City of Clermont has been certified by the Lake County Property Appraiser to be $1,909,211,631 on June 30, 2010; and NOW, THEREFORE, BE IT RESOLVED, by the City, of Clermont of Lake County, Florida, that: 1. The 2010 -201.1 Fiscal Year tentative operating millage rate is 3.6230 mills which • is less than the rolled -back rate of 3.7338 mills by 2.97%. 2. This resolution shall take effect immediately upon its adoption. DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT THIS 8th DAY OF SEPTEMBER, 2010. o .' S. urville, Mayor • ATTEST: 4., /. Tracy Ackroyd, City Cle • + .k V , L 1 f . ,