Title
A Resolution of the City Commission Relating to Security Services Assessments Within the Kings Bay Amended Security Guard Special Taxing District; Providing Authority, Definitions, and Interpretation; Confirming the Preliminary Assessment Resolution; Approving the Updated Security Services Assessment Roll; Providing for the Reimposition of the Assessments for the Fiscal Year Beginning October 1, 2025; Providing for Collection of the Assessments Pursuant to the Uniform Assessment Collection Act; Providing for Application of Assessment Proceeds; Providing for the Effect of this Resolution; Providing Conflicts, Severability, and an Effective Date.
Body
In accordance with the Dade County Home Rule Charter and Chapter 18 of the Code of Metropolitan Dade County, in 2004 Dade County (the "County") enacted Ordinance No. 04-52 to create the Kings Bay Amended Security Guard Special Taxing District to provide enhanced security services to properties within the District. Pursuant to Section 18-3.1 of the Code of Metropolitan Dade County, after approval by referendum and a joint resolution of the County and City of Coral Gables, governance and control of the District was transferred from the County to the City effective on October 1, 2018. Pursuant to the interlocal agreement between the County and the City outlining the transfer of governance, the City is responsible for establishing assessment rates and collecting assessments for the Special Taxing District.
Pursuant to the Master Assessment Ordinance (No. 2015-09), the annual reimposition of assessments requires the adoption of a Preliminary Assessment Resolution (Resolution No. 2025-172), which was adopted on May 20, 2025, and adoption of this Annual Assessment Resolution. This Annual Assessment Resolution confirms the assignment of Assessment Units and computation of the Assessments as established in the Preliminary Assessment Resolution. It imposes the Assessments in the manner provided in the Ordinance for the Fiscal Year beginning October 1, 2025, to fund ongoing Security Services within the District and approves the Assessment Roll for the District.
The total estimated Security Service Cost is $300,300.00 for Fiscal Year 2025-26. There is no change in the proposed methodology. There is a proposed decrease in this year’s assessment rates. The Fiscal Year 2025-26 assessments are proposed to decrease from $2,150.00 to $2,100.00 per improved Lot/Unit and from $1,075.00 to $1,050.00 per Vacant Lot/Unit.
Recommended Action
Approval.