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ORDINANCE NO. <br /> AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA, LEVYING TAXES <br /> AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING <br /> REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY <br /> OF SOUTH BEND FOR THE FISCAL YEAR ENDING <br /> DECEMBER 31, 2018 <br /> STATEMENT OF PURPOSE AND INTENT <br /> It is necessary to pass this Ordinance in order to levy taxes and fix the rate of taxation for the purpose <br /> of raising revenue to meet the necessary expenses for 2018. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF <br /> SOUTH BEND, INDIANA,AS FOLLOWS: <br /> SECTION I. There shall be levied upon each One Hundred Dollars of Assessed Valuation of <br /> Taxable Property of the City of South Bend, Indiana, for the fiscal year 2017 to be collected in the year 2018 <br /> the following: <br /> For CORPORATION GENERAL FUND, the sum of$xxxxx on each one hundred dollars of <br /> Taxable Property. <br /> For PARK AND RECREATION FUND, the sum of$O.xxxxon each one hundred dollars of Taxable <br /> Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of$O.xxxx on each one hundred <br /> dollars of Taxable Property. <br /> Total Civil City Rate$xxxxx <br /> For REDEVELOPMENT BOND (COLLEGE FOOTBALL HALL OF FAME), the sum of$O.xxxx on <br /> each one hundred dollars of Taxable Property. <br /> Total Redevelopment Rate$O.xxxx <br /> SECTION Il. This Ordinance shall be in full force and effect from and after its passage by the <br /> Common Council and approval by the Mayor. <br /> Member of the Common Council <br /> Attest: <br /> i <br /> City Clerk <br />