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0416 (Tax Levy)ORDINANCE NO. 416 AN ORDINANCE PROVIDING FOR THE LEVYING AND COLLECTING OF TAXES FOR THE CITY OF OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1979. AND ENDING SEPTEMBER 30, 1980 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA: SECTION 1. The City Council of the City of Okeechobee, Florida, hereby levies a tax of $ 4.967 per thousand dollar valuation on all real and personal property within the corporate limits of said City, subject to tax on the first day of January, 1980, provided however, that such $4.137 shall not be levied upon property in the City of Okeechobee assessed at Five Thousand Dollars ($5,000.00), or Ten Thousand Dollars ($10,000.00) where applicable, or less and claimed and allowed as homestead as grant- ed under the constitution or General Laws of the State for the 1980 tax year. SECTION 2. That the City Clerk is hereby instructed and directed to certify to the Okeechobee County Property Assessor, the above and foregoing enumerated millages to be levied for all purposes for the year 1980, in the said City of Okeechobee, Florid pursuant to the provisions of the laws of the State of Florida. SECTION 3. That the Tax Collector of Okeechobee County. Florida, shall proceed to collect the above taxes according to the provisions of the laws of the State of Florida. SECTION 4. That of the total $ 4.967 per thousand dollar valuation as designated in Section 1 hereof, $ 4.137 per thousand dollar valuation shall be used for the General City purposes in carring on and conducting the government of the said City, and $.83 per thousand dollar valuation including Homestead shall be used to pay interest and principal on bonds maturing during said Fiscal year, such levy to be collected in cash and such cash so collected to be kept in separate accounts for the purposes designa- ted herein. SECTION 5. That this Ordinance was proposed, considered and adopted under the provisions of Section 166.041 (3) (b) Florida Statutes, and was enacted by no less than a two - thirds vote of the City Council and shall become effective upon final passage. DONE AND RESOLVED and made effective this 15th day of October , 1979. ) Edward W. Douglas Chairman - Mayor City of Okeechobee ATTEST: Bonnie S. Thomas City Clerk City of Okeechobee 4.--te;77.14