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R-1099-05 RESOLUTION NO. 1099-05 A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, SETTING TENTATIVE OPERATING AND DEBT SERVICE AD VALOREM MILLAGE LEVIES FOR FISCAL YEAR 2005/2006 BEGINNING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006; SETTING THE TIME, DATE AND PLACE FOR THE TWO PUBLIC HEARINGS FOR THE FISCAL YEAR 2005-2006 OPERATING BUDGETS AND PROPOSED AD VALOREM MILLAGE LEVIES. WHEREAS, the Miami Shores Village Council is required to comply with all of the regulatory provisions identified in Section 200.065, Florida State Statutes, which delineate the presentation of proposed budgets and ad valorem tax levies; and, WHEREAS, the Village Council, having received and reviewed the Proposed FY2005-2006 Budgets, held a Council workshop on Tuesday,July 12, 2005, NOW,THEREFORE, BE IT RESOLVED by the Miami Shores Village Council that: Section 1. A tentative ad valorem tax levy for Miami Shores Village of 8.2500 mills be and the same is hereby adopted as the Village's proposed operating ad valorem tax levy for the fiscal year beginning October 1, 2005. Section 2. A tentative total debt service ad valorem levy for Miami Shores Village of 0.9296 mills be and the same is hereby adopted for the Village's voter- approved debt service levies. The individual debt service levies required to fund FY'06 obligations are 0.3637 mills for the aquatic center and 0.5659 mills for charter school general obligation bonds for the fiscal year beginning October 1, 2005. Section 3. The Miami Shores Village Council will conduct the two mandatory public hearings in compliance with Section 200.065, Florida State Statutes, on the Proposed FY2005-2006 Operating Budgets, and correspondingly setting millage rates for the new year, with the first public hearing on Thursday, September 8, 2005 at 7:00 PM and the second and final public hearing on Thursday, September 22, 2005 at 7:00 PM, in the Council Chambers of Miami Shores Village Hall, 10050 N.E. 2nd Avenue, Miami Shores, Florida. PASSED AND ADOPTED by the Miami Shores Village Councij bn July 19, 2005. ATTEST: AI°Davis, Mayor Barbara A. Estep, CMC Village Clerk APPROVED AS TO FORM: Richard Sarafan Village Attorney