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BOOK 96 FAGE 304 <br />RESOLUTION NO. 95-138 <br />indicating that property owners annually provide over $60 million <br />in property tax subsidies to new development (FY91 - $93 million; <br />FY 92 - $63 million; FY 93 - $80 million); and <br />WHEREAS, equitable partial -year assessments ensure the link <br />between changes in the property value and the tax levy during <br />each year; and will ensure monies to provide law enforcement for <br />new development; and <br />WHEREAS, we believe growth must pay for itself. <br />NOW, THEREFORE, BE IT•RESOLVED BY THE BOARD OF COUNTY <br />CONN[ISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that the Board <br />strongly supports the concept of equitable partial -year <br />assessments of ad valorem taxes on property for the portion of a <br />year in which new construction is completed.' <br />The resolution was moved for adoption by Commissioner Eggert <br />and the motion was seconded by Commissioner T p_Ljn , and, upon <br />being put to a vote, the vote was as follows: <br />Chairman Kenneth R. Macht Aye <br />Vice Chairman Fran B. Adams Aye <br />Commissioner Richard N. Bird Absent <br />Commissioner Carolyn K. Eggert Aye <br />Commissioner John W. Tippin Aye <br />The Chairman thereupon declared the resolution duly passed <br />and adopted this 24 day of October, 1995. <br />BOARD OF C9PNTY COMISSIONERS <br />INDIAN RPM COUN'1� FLORIDA <br />By. <br />Attest: <br />J K. Bart Clerk <br />10 <br />KEfM)Fth --IT-. dMCht <br />Chairman <br />October 24, 1995 <br />M M M <br />