§ 9. Levy of Ad Valorem Tax.

For the fiscal year of the Board beginning with the calendar year 1972, and for each fiscal year thereafter, an ad valorem tax in addition to all other ad valorem taxes may be levied or caused to be levied annually by the City Council, in its discretion, upon request of the Board for the purposes of financing the operation of the Board. Said tax may be levied on all property in the development area or subdistrict thereof to the extent same is otherwise subject to ad valorem taxation for City operating expenses, except that property under homestead exemption shall not be taxed. The tax base shall be assessed valuation subject to taxation as above, made annually by the appropriate tax assessors. The rate shall not exceed one (1) mill on each dollar of tax based in 1971, and each year thereafter. The City tax collector shall collect or receive the tax when and in the same manner in which he collects or receives the City ad valorem taxes, with the same discounts for early payment, and shall pay the proceeds into the City treasury for the account of the Board. Notwithstanding anything in this act which may be to the contrary, or the purpose of this legislation, the Orlando Central City Neighborhood Development Area shall constitute a special taxing district to be administered as such, and any tax levy imposed within said district or subdistrict shall not be construed as part of the ten (10) mill levy authorized the City by the constitution and statutes of this state for operating expenses, or as part of any other millage limitation on the City. Should any court of competent jurisdiction construe this act to be within such millage limitation, all provisions of the act relating to millage levies thereunder shall stand as null and void.

(Laws of Fla. ch. 71-810, § 9)