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R-1200-11 RESOLUTION NO. 1200-11 A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,SETTING TENTATIVE OPERATING AND DEBT SERVICE AD VALOREM MILLAGE LEVIES FOR FISCAL YEAR 2011/2012, BEGINNING OCTOBER 1,2011, AND ENDING SEPTEMBER 30,2012;SETTING THE TIME, DATE AND PLACE FOR THE TWO PUBLIC HEARINGS FOR THE FISCAL YEAR 2011 / 2012 OPERATING AND CAPITAL BUDGET AND PROPOSED AD VALOREM MILLAGE RATES. 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 levels; and, WHEREAS,the Village Council, having received and reviewed the Proposed FY2011-2012 Budgets, held a Council workshop on Tuesday,July 12th; 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 8.0 mills is hereby adopted as the Village's proposed operating ad valorem tax levy for the fiscal year beginning October 1,2011. Section 2. A tentative total debt service ad valorem levy for Miami Shores Village of 0.7855 mills is hereby adopted for the Village's voter-approved debt service levies. The individual debt service levies required to fund FY'12 obligations are 0.3109 mills for the aquatic center and 0.4746 mills for the charter school general obligation bonds for the fiscal year beginning October 1, 2011. 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 FY2011-2012 Operating and Capital Budgets,and correspondingly setting millage rates for the new year,with the first public hearing on Tuesday, September 6, 2011 at 6:30 PM and the second and final public hearing on Tuesday,September 20, 2011 at 6:30 PM in the Council Chambers of Miami Shores Village Hall, 10050 N.E.2nd Avenue, Miami Shores, Florida. BY A VOTE OF 3 3 -0 J THIS RESOLUTION WAS PASSED AND ADOPTED by the Miami Shores Village Council on Tuesday,July 19, 2011. ATTEST: zl�x�,zx�o_ _� Hunt Davis,Vice Mayor Barbara A. Estep, MMC Village Clerk (APPROVED AS TO FORM: Richard Sarafan Village Attorney