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Fixing Rate Taxation Fiscal Year Dec 31, 1997
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Fixing Rate Taxation Fiscal Year Dec 31, 1997
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Last modified
9/11/2012 2:17:13 PM
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9/11/2012 2:17:13 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/30/1996
Ord-Res Number
8721-96
Bill Number
77-96
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• <br /> ORDINANCE NO. Y,7(0- ;4 <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, 1997 <br /> STATEMENT OF PURPOSE AND INTENT: <br /> It is necessary to pass this Ordinance in order to levy <br /> taxes and fix the rate of taxation for the purpose of raising <br /> revenue to meet the necessary expenses for 1997 . <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND, INDIANA as follows : <br /> Section I . There shall be levied upon each One Hundred <br /> Dollars of Assessed Valuation of Taxable Property of the City of <br /> South Bend, Indiana, for the fiscal year 1996 to be collected in <br /> the year 1997 the following: <br /> For CORPORATION GENERAL FUND, the sum of 6 . 950 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For PARK MAINTENANCE FUND, the sum of 1 . 188 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For FIREMEN' S PENSION FUND, the sum of .2191 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For POLICEMEN' S PENSION FUND, the sum of .2181 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of . 1739 <br /> dollars on each one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT DISTRICT BOND FUND (STADIUM) , the sum of <br /> .2080 dollars on each one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT BOND (STUDEBAKER) , the sum of . 0952 <br /> dollars on each one hundred dollars of Taxable Property. <br /> Section II . This Ordinance shall be in full force and <br /> effect from and after its passage by the Common Council and <br /> approval by the Mayor. <br /> Member of the Common C ncil <br />
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