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1959-433�Im F� � 0 ORDINANCE '90. 433 AN ORDINANCE ANOPTIP-0, _THE PROVISIONS OF CHAPI'kR�175 OF THE FWkibA 'STATUTES; LEVYING AND IMPOS'INIG UPON ALL INSURERS, NOVI OR HEREAFTER E-1,10AGING III OR CARRYING ON -THE _11061NESS OF INSORING PR 1 0 . PER I TY AGAINST LOSS 69 'DAMAGE BY FIRE Pt4l) TbR`4A.D0 AN EXCISE OR TOENSE TAY, IN ADDITION TO ANY TAX 9614, LEVIED, OF 1 % OF THE GROSS A14OU14T OF 'RkdiIF, OF ALL' JJUMS CO'LLECTLD bb FIRE AND-Tq�_(tW150 INSURANCE k"61,ICIES INSURING PROPERTY WITHIN THE C610SOA013 'LIMIT S OF 'THE CITY OF SOUTH MIAMI: AND AND PAYABLEPROVIDhiG I-RIEN SAID TAX SHALL BE DUE . WHERE A the L6 I ploAda by Ch!­'�t* e qslature of the State of P er 175, F1'or'ida St' tu b*sj created - kno'-wn as the- 'Ipir6lriah s R6116f ed a Spec'1161 'fund and P6 &I ndl' and thereby aVt ri2�ed' ftahicipblitle,s falling within the, PIL�-pi­view­of said act, to,levy -on additional tax � - t, I,- " - -i upo cer a n- nsifti6hee a oyn s or -other lb'surors a`gdlW%t loss by fire and tornado de4ign'it'ied in sa'i'd b6t, the said proceeds from said tax to be used In partial sup- ' port Of said fund, and WHEREAS , It is the desire of the City of .366th Miami to put into full force and effect the provisisiohs of said Chapter 175 in said municipality, BE IT ORDAINED BY THE MAYOi? AND CITY COUNCIL OF THE CITY OF SOUTH MIAMI: Section -1. That the provisions of Chapter` 175 of the FloV11da"! Statutes are hereVy 'bdo-pted and a OPY thereof is attached aM made a part of this Ordinance. Section 2 there is hereby assessed, imposed and levied on 5�61'qat MPI every ih6ursfi any" corporation 'or other itf6brOr h6w'erikoging in p wl�_ich shall hereafter engage in or coi�-ry On the or carrying On, OM. busind"sslof insurit ' ig against loss'or damage by fi??e or tornado, as shown by the recorl Is- of the Inc-tiran ce'Commissioners of the Stia-te of F103A� d, an ekcise\fir lic'ense tax in add!'Ui6rf'to any license tax or exclVe tax now'leiiiVd by the City of South Miami, which said tax shall be in the amount of _1% of the gross amount of 'r A iecei's of premiums from P Pol:L6y'hb3:d6rs on all premiums collected on fire and toinadoA-n-4sVura-hce policies covering property within the corporate limits of thu, Cf y of South Miami. Sedfton 3. That the license or.0-xcise tax herein levied led shall be due and payable annually on the first day of I-larch of each year theresfter. Section 4. This Ordinance shall take effect on th,e 1st day of the calendar month following third and final reading of thl-s Ordinance. PASSED AND ADOPTED THIS 6th day of October A. D. 1959. Mayor and Providing Officer, City Council ATTC3T: City Clerk