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To meet the interest payments and provide a sinking fund for the ultimate redemption <br />of bonds and Time Warrants of SPECIAL TAX -SCHOOL DISTRICT N0., lly and in pursuance of the re- <br />quirements of law, and as estimated by the County Board of Public Instruction, it is determined <br />and hereby declared that a tax rate of Three (3) mills upon the dollar, be levied, and is here -I <br />by fixed and assessed for the year 1947, on all of the property in the County of Indian River <br />lying and being within the boundaries of Special Tax School District No. 11, the boundaries of <br />which said District being described above in these minutes. One and three-fourths (1 3/4) <br />mills to be us.ed for the paying of interest and providing a sinking fund for refunding bonds <br />of said District dated the first day of December, 1936, designated as 11-A and one and one- <br />fourth (1 1/4) mills for the purpose of paying interest upon, and providing a sinking fund for �. <br />bonds of said district dated December 1, 1940, designated as 11-B, E <br />BE IT FURTHER RESOLVED, that the Tag Assessor of Indian River County, Florada, be <br />it <br />and ho is hereby directed to assess and levy all the foregoing taxes as fixed and levied by j <br />this Board upon the taxable property in Indian River County, Florida, just ad due taxation <br />within the respective boundaries upon which such taxes are levied; that a certified copy of <br />this resolution be furnished t6 the Coumty Assessor of Taxes. 91 <br />The motion for adoption was duly seconded by Commissioner Glover, and unanimously <br />adopted. <br />The Board then proceeded with the matter of fixing the rate of taxation for Indian <br />River bounty for the year 1947 and after careful consideration of the estimated receipt and ex- <br />penditures the following resolution was introduced by Commissioner Albert 0. Helseth,,tho moved, <br />its adoption, to=wit: <br />BE IT FURTHER RESOLVED that the 2rate of Taxation necessary to meet the expenditures <br />of the Board of County Commissioners of Indlan River County, Florida, for the fiscal year 1947- <br />1948 pursuant to the budget of said Board as heretofore published, amended and approved, is as l <br />r <br />hereinafter levied and that the tax rate as hereinafter shown and set forth, be and it is here- <br />by levied on all taxable property in Indian River `ounty, Florida, for the*,year 1947, with the <br />�c <br />rate hereinafter set out, to -wit: <br />In order to meet the estimated current expenses of the County of Indian River of the <br />sum of $61,385.52, it is determined and hereby declared that a tax rate of two (21) tills upon <br />the dollar be levied and is hereby imposed upon all of the property lying and being in the <br />County of Indian River on the first day of January 19479 for the GENERAL REVENUE FUND, to meet <br />the current expenses of the County and to provide for the a xpendttures as estimated in the <br />budget hereinbefore set forth. <br />To cover the amount of the estimated expenses for keeping the County Roads in good <br />shape and for the construction and repairing of bridges and other necessary expenses to keep <br />the roads of the County in good condition and provide other roads when necessary of$76,918.26, <br />it is determined and hereby declared that a tax rate of four and six -tenths (4.6) mills upon <br />the dollar�be levied,,assessed and is hereby imposed upon all of the property 1y ug and being <br />in the County of Indian River on the first day of January, 194!, to meet the current expenses <br />of the County as estimated in the budget for the ROAD & BRIDGE FUND. <br />According to the millabe so determined, fixed, assessed the total millage to be en- <br />tered in the column provided for the Bounty taxes in the assessment roll for the year 19479 <br />is Sixea,nd-ndi.x-tenths (64.6) mills upon the dollar, to cover a total estimated expenditure of <br />41301303.7do <br />BE IT FURTHER RESOLVED, that the Tax Assessor in and for Indian River-County,Florida, <br />be and hs -is hereby directed to assess and levy the foregoing taxes as fixed by this Board <br />upon the taxable property in Indian River County subject thereto, and that he extend such taxesr <br />1 <br />1 <br />Is <br />i <br />• <br />1 <br />0 <br />