38-18 Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the Fiscal year ending December 31, 2019

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Filed in Clerk's Office BILL NO. 38-18 AUG 2 12018 j p ORDINANCE NO. KAREEMAH FOWLER CITY CLERK,SOUTH BEND, IN AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIA , TAXES AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY OF SOUTH BEND FOR THE FISCAL YEAR ENDING DECEMBER 31, 2019 STATEMENT OF PURPOSE AND INTENT It is necessary to pass this Ordinance in order to levy taxes and fix the rate of taxation for the purpose of raising revenue to meet the necessary expenses for 2019. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: SECTION I. There shall be levied upon each One Hundred Dollars of Assessed Valuation of Taxable Property of the City of South Bend, Indiana, for the fiscal year 2018 to be collected in the year 2019 the following: For CORPORATION GENERAL FUND, the sum of$xxxxx on each one hundred dollars of Taxable Property. For PARK AND RECREATION FUND, the sum of$O.xxxxon each one hundred dollars of Taxable Property. For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$O.xxxx on each one hundred dollars of Taxable Property. Total Civil City Rate $xxxxx For REDEVELOPMENT BOND (COLLEGE FOOTBALL HALL OF FAME), the sum of$O.xxxx on each one hundred dollars of Taxable Property. Total Redevelopment Rate$O.xxxx SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor.