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HomeMy WebLinkAboutO-1969-548-A Y{ I ORDINANCE NO. AN ORDINANCE LEVYING AND IMPOSING UPON ALL INSURERS, NOW OR HEREAFTER ENGAGING IN OR CARRYING ON THE BUSI- NESS OF PROPERTY INSURANCE, AN EXCISE I OR LICENSE TAX IN ADDITION TO ANY TAX NOW LEVIED, OF 2% OF THE GROSS AMOUNT OF RECEIPTS OF ALL PREMIUMS COLLECTED j ON PROPERTY INSURANCE POLICIES INSUR- ING PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF DANIA, FLORIDA; j AND PROVIDING WHEN SAID TAX SHALL BE dl DUE AND PAYABLE; AND PROVIDING THAT ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH BE REPEALED TO THE EXTENT OF SUCH CONFLICT; AND PRO- VIDING THAT BY UNANIMOUS CONSENT OF ! ALL COMMISSIONERS PRESENT, THE ORDI- NANCE HAS BEEN INTRODUCED, READ THE i FIRST TIME, READ BY TITLE ONLY THE SECOND AND THIRD TIMES, AND PASSED ON ALL THREE READINGS AT THE SAME i MEETING, AND PROVIDING FOR AN EF- ..T,� I FECTIVE DATE. i WHEREAS, the Legislature of the State of Florida, by Chapter 175, Florida Statutes, created a special fund known as the "Municipal Firemen' s Pension Trust Fund" and thereby auth- orized municipalities falling within the purview of said act, to levy an additional tax upon certain insurance companies or other insurers against property loss designated in said act. The said proceeds from said tax to be used in partial support 7 i of the Firemen's Pension Fund; and WHEREAS, it is the desire of the City of Dania, Florida, to put into full force and effect the provisions of said Chapter 175, Florida Statutes , in said municipality, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DANIA, FLORIDA: i - 1 - 15. I 4 Section 1. That there is hereby assessed, imposed t I and levied on every insurance company, corporation or other insurer now engaging in or carrying on, or which shall here- after engage in or carry on the business of property insurance, as shown by the records of the Insurance Commissioner of the j i State of Florida, an excise or license tax in addition to any license tax or excise tax now levied by the City of Dania, I Florida, which said tax shall be in the amount of 2% of the f gross amount of receipts of premiums from policyholders on all s� premiums collected on property insurance policies covering j property within the corporate limits of the City of Dania, Florida. i i Section 2 . That the license or excise tax herein levied shall be due and payable annually on the first day of March of each year hereafter. i Section 3 . That all ordinances or parts of ordinances i in conflict herewith are hereby repealed to the extent of such conflict. i Section 4. By unanimous consent of all commissioners i present, the ordinance has been introduced, read the first time, read by title only the second time and the third time, and passed on all three readings at the same meeting. Section 5 . That this ordinance shall be in force and take effect immediately upon its final passage and adoption. PASSED and ADOPTED on First Reading on the day of 19¢I- PASSED and ADOPTED on Second Reading on the 7 �� I 2 - 1 � L i i 11 77 I day of Novo / E2 19�I PASSED and ADOPTED on Third Reading on the day of /1�0(JC /�7 �?t� 19k Mayor-Commissioner Attest: 1 _ City Clerk-Au r i i j I I 3 - II �J 3 . i