O-340-69 ORDINANCE NO. 340
AN ORDINANCE AMENDING ORDINANCE NO.
Z93 LEVYING AND IMPOSING AN EXCISE TAX
ON PREMIUMS FOR FIRE AND TORNADO
INSURANCE ON PROPERTY WITHIN THE
MUNICIPAL LIMITS.
BE IT ORDAINED BY MIAMI SHORES VILLAGE:
Section 1: Section 1. of Ordinance No. 293 is hereby
amended so as to read as follows:
Section 1: That there is hereby assessed,
imposed and levied on every insurance company, corpor-
ation or other insurer now engaging in or carrying on,
or which shall hereafter engage in or carry on the business
of insuring with respect to fire and tornado risks, as
shown by the records of the Insurance Commissioner of
the State of Florida, an excise or license tax in addition
to any license tax or excise tax now levied by Miami Shores
Village, which said tax shall be in the amount of 20/c of
the gross amount of receipts of premiums from policy
holders on all premiums collected on fire and tornado
insurance policies, covering property within the corpor-
ate limits of Miami Shores Village.
Section 2: In all other respects said ordinance is
unaffected by this amendment.
Section 3: This ordinance shall become effective July 1,
1969.
PASSED and ADOPTED this 21st day of January, 1969.
Mayo r
ATTEST:
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Village Clerk
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