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8626-95 Levying Taxes & Fixing the Rate Taxation December 31, 1996
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8626-95 Levying Taxes & Fixing the Rate Taxation December 31, 1996
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9/20/2012 11:24:52 AM
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9/20/2012 11:24:51 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/25/1995
Ord-Res Number
8626-95
Bill Number
58-95
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• <br /> ORDINANCE NO. S'662-15 <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, 1996 <br /> STATEMENT OF PURPOSE AND INTENT: <br /> It is necessary to pas this Ordinance in order to levy taxes <br /> and fix the rate of taxation for the purpose of raising revenue <br /> to meet the necessary expenses for 1996. <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 1995 to be collected in <br /> the year 1996 the following: <br /> For CORPORATION GENERAL FUND, the sum of 6.3076 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For PARK MAINTENANCE FUND, the sum of 1 . 0853 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For FIREMEN' S PENSION FUND, the sum of .2012 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For POLICEMEN' S PENSION FUND, the sum of . 1996 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of . 1536 <br /> dollars on each one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT DISTRICT BOND FUND (STADIUM) , the sum of <br /> . 1764 dollars on each one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT BOND (STUDEBAKER) , the sum of . 0841 <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 /> � ii►SL�s� <br /> Memby of th- rr ommon Council <br />
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