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09-26-11 Council Agenda & Packet
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09-26-11 Council Agenda & Packet
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9/22/2011 10:35:12 AM
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City Council - City Clerk
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ORDINANCE NO- <br /> AN AN ORDINANCE LEVYING TAXES AND FIXING THE RATE <br /> OF TAXATION FOR THE PURPOSE OF RAISING REVENUE <br /> TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY. <br /> OF SOUTH BEND FOR THE FISCAL YEAR ENDING <br /> DECEMBER 31, 2012 <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 2012. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH <br /> BEND, INDIANA as follows: <br /> Section 1. There shall be levied upon each One Hundred Dollars of Assessed Valuation of Taxable <br /> Property of the City of South Bend, Indiana, for the fiscal year 2011 to be collected in the year 2012 the <br /> following: <br /> For CORPORATION GENERAL FUND,the sum of$0.00000 on each one hundred dollars of Taxable <br /> Property. <br /> For PARK AND RECREATION FUND,the sum of$0.00000 on each one hundred dollars of Taxable <br /> Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of$0.00000 on each one hundred <br /> dollars of Taxable Property, <br /> Total Civil City Rate$0.00000 <br /> For REDEVELOPMENT BOND(COLLEGE FOOTBALL HALL OF FAME), the sum of$0.00000 on <br /> each one hundred dollars of Taxable Property. <br /> Total Redevelopment Rate$0.00000 <br /> Section II. This Ordinance shall be in full force and effect from and after its passage by the Common <br /> Council and approval by the Mayor. <br /> Member of the Common Council <br /> Attest: <br /> C.f iS 91 f�kE <br /> for <br /> City Clerk Cot na. 00LI(3j,on Va�� <br />
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