9/13/1989 - Laserfiche WebLink

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Chairman Wheeler opened the public hearing on the Library Bond Issue. Administrator Chandler explained that this budget provides the funding for the debt service for the bonds for the construction of the new North County library and the main library, and this is being added to the roll for the first time. The Bond issue was approved by referendum in 1986. The proposed millage for the bonds is .3967 with a proposed budget of $1,564,826. The Chairman asked if anyone present wished to be heard. There were none, and he thereupon closed the public hearing. Attorney Vitunac advised that proposed Resolution 89-98 establishes a millage rate of .3967 for the Library Bond Issue. ON MOTION by Commissioner Scurlock, SECONDED by Com- missioner Bowman, the Board unanimously approved Resolution 89-98 establishing a millage rate of .3967 for the Library Bond Issue for fiscal year 1989/90. RESOLUTION NO. 89-98 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, ESTABLISHING THE TAX MILLAGE RATE TO BE LEVIED UPON ALL REAL AND PERSONAL TAXABLE PROPERTY IN INDIAN RIVER COUNTY, FLORIDA, FOR FISCAL YEAR 1989-90 FOR THE LIBRARY BOND ISSUE. WHEREAS, the Budget Officer of Indian River County prepared and presented to the County Commission a tentative budget for the Library Bond Issue of Indian River County, Florida, for the fiscal year commencing on the first day of October, 1989, and ending on the 30th day of September, 1990, addressing each of the funds therein as provided by law, Including all estimated receipts, taxes to be levied, and balances expected to be brought forward, and all estimated expenditures, reserves, and balances to be carried over at the end of the year; and WHEREAS, the Board of County Commissioners of Indian River County held numerous public workshops to consider and amend the tentative budget as presented; and �E969, 31 ROCK. 7 r'u" !