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0704 Millage Rate FY 1997-98 ORDINANCE NO. 704 AN ORDINANCE LEVYING A MILLAGE RA'Z'E WI- IICI -I RATE IS SET ON ALL REAL AND PERSONAL PROPERTY; PROVIDING THAT 4.9399 PER THOUSAND DOLLAR VALUATION SI-HALL NOT BE LEVIED ON HOMESTEAD PROPERTY; THAT 4.9399 PER THOUSAND DOLLAR VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; Ti ma' SAID MILLAGE RA'Z'E IS 25.43% MORE TI-LAN TI IE ROLL-BACK RATE COMPUTED IN ACCORDANCE WITH F.S.200.065 (I); PROVIDING AN EFFECI'IVEs DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OICEECHOBEE, FLORIDA AS FOLLOWS: Section 1: The City Council of the City of Okeechobee, Florida hereby levies a tax of 4.9399 per thousand dollar valuation on all real and personal property within the corporate limits of said City, provided however, that 4.9399 shall not be levied upon property in the City of Okeechobee claimed and allowed as homestead in the general laws of the State of Florida. Section 2: That as designated in Section 1, hereof, 4.9399 per thousand dollar valuation shall be used for general City purposes in carrying on and conducting the government of said City. Section 3: The millage rate adopted is 25.43% over the roll -back rate as computed in accordance with Florida Statutes Section 200.065 (1). Section 4: That this ordinance was proposed, considered and adopted under the provisions of Florida Statutes Chapter 166 and Section 200.065. Section 5: This ordinance shall take effect October 1, 1997. 1nt 'b i ed for first reading and public hearing on the 8th day of September, 1997 JAMES E. KIRK MAYOR ATTEST: r BONNIE THOMAS, CMC CITY CLERK Adopted after second reading and second public hearing on the 23rd day of Sober 1997. JAMES E. KIRK MAYOR g ONNIE THOMAS, CMC CITY CLERK