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1940-07-08 MINUTES OF MTG OF EQUALIZATION BDG • : r. .. MINUTES OF TFE h7 ETI,�fG OF THE DQTTA, *,IZATIGi\T BC,ARD GF THE "ITY -F 13CUTH I, L I,_I JEMD Y MAY E11 lauG', -JU-T Y 81 :' .D. 1940 AT TE CITY FI'T =:T 8;00 r.!,' The meeting was called to order by Pres. Vanderboe h, with members of the Council sitting as an equalization board. Tile 1940 assessment roll, both real and porsonal� was presented ;for the Board's inspection. fThile the roll of real property 'totaled $7439415.001 it was divided as f o llowis Total ,assessed value `'under' certificate $1019400 <..00 Total assessed value reverted to the State of Florida under I!i.uruhy Act 249270.00 Total assessed value open for levy 617,745.00 a Under the Murphy Act, lands reverted to the State of Florida, will not be subject to levy for 1940 and on property under certificate to the City, any payment for 1940 would come under the anticipation for de- liiiquent taxes, leaving orily the total assessed value of property open for 'levy from which taxes can be realized., With applications for Homestead Exemption totaling $2379385.00 on hand,, this will leave' only a net roll of $380,360..00 on vahich to levy. However, under a recent ruling of the Attorney General, limiting Flomestead Exemption to the building in which owner resides, provided other buildings are used for rental purposes, it will be necessary to re- check all applications, - which will r turn to the roll at least; a small portion of 'the property w Wool exempt. The Personal moll totaled $26,825.00, to which the assessed values for the Florida East Coast railway, and the Fruit Growers'` Express are still to be added, when received from the State Comptroller's office. There being no visitors or written objections, the meeting; was ad- journed in regular order at 9:00 PZI. ATTEST: u President, Equalizat'.o Board City Clerk rte c Y t +°i.. i J. I.L 4. V TM, — I : :2IIU7.�,S G% 7.ir ,`��v `�r, Gr (1 T" CITY t�� SC MI IM I :3:,D TM:" S yY - JE -INIG JILY 91 A.D. 1940 AT T:12; CITY Ii. r. " :., . T 8 :00 The meeting was called to order by Egos. Vanderboegh, :pith Counc lmen Gladden, tostwickt Bryant, Care, Bennett and 'landerboegh rage =ding tc voli Cali.. There beino :u, oraw ur Written c4.malai :its, the tears Proceeded with the tina... c(aisideration c f the roll,, Looaing into, the incroaaes, in valuation, %,ihich were lade in instances wh3re property had become accessible through new roads, and where property still in acreage but on. main highways had definite lot value for a depth of 150 -ft. , and accordingly'; increased in value. The meeting was adjourned in regular order order at ax prolximately 10:10 P.M. ATTEST. P es dents Equalization oard Clerk 1,:INUTE'S U TIE 1:�EETII''G OF THE EQUALIZATION BCARD CF TT' CITY OF SOUTH '1 Z i;'I 1 .-D 'iIBDl` ESDAY - EXINGy JULY 10, A.D. 1940 A2 TAB CITY HALL AT 8 :0 1 . III. The meeting was called to order by ?'res. Vanderboegh. Inasmuch as the roll had been thoroughly gone over, with no adjustments requested, and the Homestead Exemptions still to be rechecked, which will result in a change of the total assessed value of "open" iroperty, it was decided to adjourn until such time as this wort: can be completed and the re- vised moil submitted to the Board. Meeting adjourned at approximately 9 :00 P.M. o ATTEST; 'r 'resident, Equaiizatio oard City Clerk :«AM