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Ordinance 05-1767 ~ ORDINANCE NO. 05-1767 Alv ORDINANCE OF THE CITY OF LONGWOOD, FLORIDA, DETERMINING T'HE AMOUNT OF AND FIXING THE RATE OF AD VALOREM TAXATION AIVD MAHING THE ANNUAL TAX LEVY FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006, PROVIDING FOR CONFLICTS, SEVERABILITY AND EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD FLORIDA, AS FOLLOWS: SECTION 1: That the amount determined by the budget as necessary to be raised by ad valorem ta~:ation in the City of Longwood, Florida, for the operation and expenses for the administration of the affairs of the City i<.; the sum of $4,254,554. SECTION 2: That the millage for the Fiscal Year 2005/2006 is fixed at 4.99 mills which is an increase of 8.68 per cent over the current year rolled back rate of 4.5916 as computed in accordance with F.S. 200.065. SECTION 3: That there shall be levied and collected by the City of Longwood, Florida, for the Fiscal Year commending October 1, 2005 and ending September 30, 2006 upon all NON-EXEMPT TAXABLE PROPERTY within the corporate limits of said City, a tax of 4.99 mills on each dollar ofnon-e~cempt appraised value for the purpose of realizing a sum sufficient to fund the budget and meet and defray the necessary operating expenses of said City for the ensuing Fiscal Year. SECTIOl`14: That the gross taxable value for operating purposes not exempt from taxation within the City of Longwood has been certified by the Seminole County :Property Appraiser to the City of Longwood as S897,490,587. SECTION 5: That all ordinances, or parts of ordinances, in conflict herewith, be and the same are hereby repealed. Ordinance No. 05~-1767 Page 2 .SECTION 5: If any section, sentence, clause or phrase of this ordinance is held to be invalid or waconstitutional by a court of competent jurisdiction, the holding shall in no way affect the validity of the remaining portions of this ordinance. SECTION 6: This Ordinance shall become effective on October 1, 2005. FIRST READING (ADOPT TENTATIVE).: Se~}-embe;r z.U~S SECOND READING (ADOPT FINAL).: ~p p-~e,rn.~y ~ 9 ~~J~ PASSED AND ADOPTED THIS I9=ll~AY OF ~jer A.D., 2005... H y ood G. Bundy, Jr.,p yor Atiest: C 7 _ Sarah I+~. Mijares,-City Clerk Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only. Richard S. Taylor, Jr., Ci ttorney