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R-86-538 . . CITY OF CLERMONT RESOLUTIONS NO. 538 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA ESTABLISHING AN AD VALOREM MILLAGE RATE TO PARTIALLY FINANCE THE GENERAL GOVERNMENT OPERATION OF THE CITY. WHEREAS, a portion of the revenue for the City's 1986-1987 Fiscal Year 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; WHEREAS, it is hereby found and determined by the City Council of the CitY10f Clermont that the assessed gross taxable value for 1986 for the City of Clermont, as prepared by the Property Appraiser of the County of Lake and received on July 1, 1986 is One Hundred Nine Million, Nine Hundred Forty-Eight Thousand, Three Hundred and Ninty-Five Dollars [$109,948,395] and that a tax rate of two point four two nine [$2.429] per One Thousand Dollars [$1,000] valuation exceeds the "ROLLED BACK" millage rate of the City by four point two percent [4.2%]. WHEREAS, it is hereby found and determined by the City of Clermont, that to raise the sum of Two Hundred Fifty Thousand Dollars [$250,000] required from ad valorem taxes for the general government operation of this City; an ad valorem taxation of all taxable property of this City is required to be levied. NOW THEREFORE, BE IT RESOLVED, there is hereby levied and shall be collected on each dollar of taxable property in the City of Clermont, Florida a tax levy of two point four two nine [2.429] mills, or an adjusted millage rate that will raise an amount equal to Two Hundred Fifty Thousand Dollars [$250,000] for the general government operation of said City. NOW THEREFORE, BE IT FURTHER RESOLVED, that the Property Appraiser of the County of Lake, is hereby directed to extend the Assessment Roll of the City; heretofore equalized, confirmed and approved, and to deliver same tax to the Tax Collector of the County of Lake, and the aforesaid Tax Collector is hereby directed to collect said taxes at the time and in the manner provided for by law. DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY. FLORIDA THI S q-€lê. DAY OF ",C)r? r-f3? rn.firf.r. 1986. ~ tJA 0 ROBERT A. POOL,~òR CITY OF CLERMONT, FLORIDA ATTEST: ~4 .E (;'7;/ ¿;;~. ~. VAN ZILlf. \ITY CLERK