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fs-� �� <br /> ORDINANCE NO. _ <br /> AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br /> INDIANA, APPROPRIATING,ADOPTING AND APPROVING THE SOUTH BEND <br /> PUBLIC TRANSPORTATION CORPORATION'S 2013 BUDGET AND LEVYING THE <br /> TAX AND FIXING THE RATE OF THE TAXATION FOR THE PURPOSE OFRAISING <br /> REVENUE TO FUND THE SOUTH BEND PUBLIC TRANSPORTATION <br /> CORPORATION, SOUTH BEND, INDIANA, FOR THE FISCAL YEAR ENDING <br /> DECEMBER 31, 2013 <br /> Pursuant to Indiana law, the South Bend Public Transportation Corporation is required to submit <br /> its proposed budget and tax levy to the Common Council of the City of South Bend for adoption. <br /> Specifically, Indiana Code § 6-1.1-17.20 requires that the South Bend Public Transportation <br /> Corporation, as a political subdivision governed by a majority of unelected officials, submit its <br /> proposed budget and property tax levy to the Common Council of the City of South Bend. <br /> Pursuant to Indiana Code § 6-1.1-17-20(e), the Common Council of the City of South Bend is <br /> required to review the South Bend Public Transportation Corporation's budget and proposed tax <br /> levy and adopt a final budget and tax levy for the South Bend Public Transportation Corporation. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF <br /> SOUTH BEND, INDIANA, as follows: <br /> SECTION 1. The South Bend Public Transportation Corporation's budget for the year ending <br /> December 31, 2013 in the sum of$10,735,511.00, as shown on Budget Form 4-A, filed with the <br /> Common Council on August 31, 2012, is appropriated, adopted, approved and ordered set apart <br /> out of the several funds herein named and for the purposes herein specified, subject to the laws <br /> governing the same_ Such sums herein appropriated shall be held to include all expenditures <br /> authorized to be made during the year, unless otherwise expressly stipulated and provided for <br /> bylaw. In addition, for the purpose of raising revenue to meet the necessary expenses of the <br /> South Bend Public Transportation Corporation, a total property tax levy of$3,823,000.00 and a <br /> total tax rate of 0.1204 as shown on Budget Form 4-13 are also appropriated, approved and <br /> adopted. <br /> SECTION 2. This Ordinance shall be in full force and effect from and after its passage by the <br /> Common Council of the City of South Bendand approved by the Mayor. <br /> Member, South Bend.Common -until <br /> Attest: <br /> City Clerk - ' $�G0¢�.J, x �° <br /> 4d�3��LS&�U <br />