§ 22-126. Conch 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 Conch Key Municipal Service Taxing Unit. The Conch Key Municipal Service Taxing Unit shall encompass that portion of the unincorporated area bounded on the west by Tom's Harbor Cut and on the east by Long Key Channel.

(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 mill upon taxable real and personal property within the Conch 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 Conch Key Municipal Service Taxing Unit shall terminate on December 31, 2011, and taxes for calendar year 2011 may be collected in 2012.

(c)

Revenue derived from ad valorem taxes levied in the Conch 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 Conch Key Municipal Service Taxing Unit. The board of county commissioners shall adopt a budget for the Conch 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, § 15.5-191; Ord. No. 038-2004, § 6; Ord. No. 010-2005, § 6; Ord. No. 37-2009, § 5 )