§ 22-124. Duck Key Municipal Service Taxing Unit created.

(a)

Pursuant to the provisions of F.S. § 125.01(1)(q), there is hereby created a municipal service taxing unit to be known as the Duck Key Municipal Service Taxing Unit. The Duck Key Municipal Service Taxing Unit shall encompass that portion of the unincorporated county bounded on the north by U.S. 1, on the west by Torn's Harbor Channel, on the south by Hawk's Channel, and on the East by Tom's Harbor Cut, an area commonly known as "Duck Key," including islands known as Center Island, Harbor Island, Plantation Island, and Yacht Club Island, but excluding Indies Island and parcel 1 of RE# 00378380.

(b)

The board of county commissioners is hereby authorized, in the manner and under the authority provided by F.S. § 125.01(1)(q), to levy and collect ad valorem taxes at a millage rate not greater than 0.70 mil upon taxable real and personal property within the Duck Key Municipal Service Taxing Unit, commencing with the county fiscal year beginning October 1, 2005. The imposition of ad valorem taxes, as authorized herein, shall cease after a levy of taxes under this provision for a total of four fiscal years, and the Duck Key Municipal Service Taxing Unit shall terminate on December 31, 2012, and taxes for calendar year 2012 may be collected in 2013.

(c)

Revenue derived from ad valorem taxes levied in the Duck Key Municipal Service Taxing Unit shall be used solely for the administration, planning and development costs associated with and incurred in advancing wastewater and reclaimed water projects within and benefiting the Duck Key Municipal Service Taxing Unit. The board of county commissioners shall adopt a budget for the Duck Key Municipal Service Taxing Unit for the county fiscal year beginning October 1, 2005, and each fiscal year thereafter, at the same time and in the same manner as the county budget.

(Code 1979, § 15.5-191A; Ord. No. 010-2005, § 6; Ord. No. 015-2005, § 1; Ord. No. 030-2006, § 1; Ord. No. 37-2009, § 3 )