8/5/1981 (2) - Laserfiche WebLink

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-` BOOK uGG iso ARTICLE IV. Levy of Taxes; Adoption of Budget: The Board of County Commissioners of Indian River County, Florida, hereby authorizes the levy of a tax upon each tract or parcel, subject to.taxation, for that area which is or shall be receiving street lighting service within the Municipal Service Taxing'Unit created under the provisions of this Ordinance. The tax shall be equal and uniform under each acre of land assessed and the minimum tax shall be not less than the one acre rate. The one acre rate shall not exceed $12.00. The tax shall be levied and a budget prepared and adopted by the Board at the same time and in the same manner as the Board prepares and adopts its county annual budget and levies taxes as provided by law. Said taxes shall be assessed, levied, collected, remitted to and accounted for at the time and in the manner as the assessment, levy, collection, remittance and accountability of taxes by the Board as provided by law. The budget shall contain all or such portion of the estimated cost of providing street lighting within the boundaries of the unit, determined under the provisions of Article III of this Ordinance, as the Board shall determine to be necessary to provide such services. Such determination shall be coordinated with property owners from within the taxing unit. ARTICLE V. Disposition of Proceeds from Levy of Taxes for Street Lighting: Those funds obtained from the levy of a tax on each tract or parcel within the boundary of the unit shall be maintained in a separate account and used solely for the purpose of providing street lighting within the boundary of the unit only. ARTICLE VI. This Ordinance shall become effective immediately upon adoption and filing as provided by law. DONE AND ADOPTED in regular session this 5th day of August, 1981. This Ordinance shall take effect August 10, 1981.