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1987-09-21 Final Budget Hearing4104 87-6 FINAL BUDGET PUBLIC HEARING MONDAY, SEPTEMBER 21, 1987 A. CALL TO ORDER The meeting was called to order at 7:00 P.M. B. MAYOR AND COUNCIL ATTENDANCE: Mayor Oakland R. Chapman Present Councilman Nick Collins Present Councilman Andy Rubin Present Councilman Oscar Thomas Absent with consent Councilman Dowling Watford Arrived after action taken STAFF ATTENDANCE: City Attorney Bryant Absent with consent City Administrator Drago Present City Clerk Thomas Present Deputy Clerk Williams Present Mayor Chapman opened the public hearing stating the purpose of the hearing was to consider and adopt the proposed millage rate levy and the proposed budget for fiscal year 1987-88. Mayor Chapman announced that the proposed millage rate levy represents a 5.5% increase over the rolled-back rate computed pursuant to Florida Statutes Section 200.065 (1). Clerk Thomas read the millage resolution in its entirety as follows: A RESOLUTION LEVYING A MILLAGE RATE AND AUTHORIZING THE MAYOR AND CLERK TO EXECUTE THE BUDGET RESOLUTION CONTAINING SAID MILLAGE DATA THEREIN; ALL IN ACCORDANCE WITH CHAPTER 200.065 FLORIDA STATUTES. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA AS FOLLOWS: Section 1: The City Council of the City of Okeechobee, Florida hereby levies a tax of 4.45 per thousand dollar valuation on all real and personal property within the corporate limits of said City, provided however, that 4.15 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 the total 4.45 per thousand dollar valuation as designated in Section 2, hereof, 4.15 per thousand dollar valuation shall be used for general City purposes in carrying on and conducting the government of said City and .30 per thousand dollar valuation including homestead shall be used to pay interest and principal on general obligation bonds maturing during said fiscal year, such levy to be collected in case and such case so collected to be kept in separate accounts for the purposes designated herein. Section 3: The millage rate adopted hereby exceeds by 5.5% the roll-back rate as computed in accordance with Florida Statutes Section 200.065 (1). Section 4: That this resolution was proposed, considered and adopted under the provisions of Florida Statutes Chapter 166 and Section 200.065. Section 5: This Resolution shall take effect October 1, 1987. Introduced for first reading and public hearing on the 14th day of September, 1987. Adopted after second reading and second public hearing on the 21st day of September, 1987. 4105 Councilman Rubin made a motion to adopt the millage resolution,~ seconded by Councilman Collins. Vote - Councilmen Rubin, Collins and Mayor Chapman - yea. Motion carried. Clerk Thomas read the title of the budget resolution as follows: A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1987 AND ENDING SEPTEMBER 30, 1988; PROVIDING AN EFFECTIVE DATE. Motion by Councilman Collins to adopt the budget resolution, seconded by Councilman Rubin. Vote - Councilmen Collins, Rubin and Mayor Chapman - yea. Motion carried. There being no further business to discuss the meeting was adjourned at 7:11 P.M. MAYOR OAKLANDyc~PMAN ATTEST: BONNIE S. THOMAS, CMC CITY CLERK THERE IS A TAPE OF THIS MEETING IN ITS ENTIRETY ON FILE IN THE OFFICE OF THE CITY CLERK. NOTICE IS HEREBY GIVEN THAT IF ANY PERSON SHOULD DECIDE TO APPEAL ANY DECISION MADE AT THIS MEETING OF THE CITY COUNCIL, SUCH PERSON WILL NEED TO INSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE WHICH INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS BASED.