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08-27-12 Council Agenda & Packet
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08-27-12 Council Agenda & Packet
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8/23/2012 12:00:43 PM
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ORDINANCE NO. <br /> 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, 2013 <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 <br /> purpose of raising revenue to meet the necessary expenses for 2013. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF <br /> SOUTH BEND, INDIANA,AS FOLLOWS: <br /> SECTION 1. 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 2012 to be collected in the year 2013 <br /> the following: <br /> For CORPORATION GENERAL FUND,the sum of$xxxx on each one hundred dollars of Taxable <br /> Property. <br /> For PARK AND RECREATION FUND,the sum of$xxxx on each one hundred dollars of Taxable <br /> Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$xxxx on each one hundred <br /> dollars of Taxable Property. <br /> Total Civil City Rate $xxxx <br /> For REDEVELOPMENT BOND(COLLEGE FOOTBALL HALL OF FAME), the sum of$xxxx on <br /> each one hundred dollars of Taxable Property. <br /> Total Redevelopment Rate$xxxx <br /> SECTION 11. This Ordinance shall be in fufi force and effect from and after its passage by the <br /> Common Councif and approval by the Mayor. <br /> Member of the Common Council <br /> Attest: VI 1 . t r,3iek un <br /> opportunity f(of t- ra,� and <br /> City Clerk <br />
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