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ORDINANCIi NO. 76- 26 <br />AN ORDINANCE CREATING THE INDIAN RIVER COUNTY <br />WATER MUNTCI'PAL SERVICE TAXING UNIT, DP:FINING <br />THE BOUNDARIES OF SAID SAID TAXING UNIT TO <br />INCLUDE A PORTION OF INDIAN RIVER COUNTY, <br />AUTHORIZING THE LEVY BY THE BOARD OF COUNTY <br />C0141-1ISSIONERS OF INDIAN RIVER COUN'T'Y, FLORIDA <br />OF A TAX NOT TO EXCEED THREE (3) MILLS ON ALL <br />THE REAL AND TANGIBLE PROPERTY WITHIN SAID <br />TAXING UNIT; PROVIDING TIIE ADOPTION OF A BUDGET <br />AND ASSESSMENT, LEVY AND COLLECTION OF SUCH <br />TAXES WITHIN SAID TAXING UNIT, PROVIDING AN <br />EFFECTIVE DATE <br />WHEREAS, Florida Statute Section 125.01 (1) (q) establishes <br />the power of a non -charter County to levy ad valorem taxes within <br />the Constitutional limits fixed for municipal purposes within a <br />municipal service taxing unit established on properties lying <br />within the unincorporated areas of Indian River County, <br />Florida; and <br />WHEREAS, Section 125.01 (1) (q) Florida Statute grants <br />the Board of County Commissioners of a non -charter County the <br />power to establish a municipal service taxing unit for any € <br />part or all of the unincorporated area of the County within <br />which may be provided water services from funds derived from <br />taxes within such unit only; <br />NOW, THEREFORE BE IT ORDAINED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />Section 1. A new Ordinance of the Code of Ordinances <br />for Indian River County, Florida, to be designated as Chapter <br />21, Article V is hereby adopted to read as follows: <br />Section 21-45. Water Municipal Taxing Units: There <br />is hereby created an Indian River County Water Municipal <br />Service Taxing Unit under the authority of Section 125.01, <br />Florida Statutes. The boundary of said Water Municipal <br />Service Taxing Unit shall be as described'in Exhibit "A" <br />attached hereto and made a part of this Ordinance. <br />