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• <br /> ORDINANCE NO. 8 +/�- 9! <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, 1994 <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 1994. <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 1993 to be collected in <br /> the year 1994 the following: <br /> For CORPORATION GENERAL FUND, the sum of 5.7544 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For PARK MAINTENANCE FUND, the sum of .9884 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For FIREMEN'S PENSION FUND, the sum of .1836 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For POLICEMEN'S PENSION FUND, the sum of .1829 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of .1543 <br /> dollars on each one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT DISTRICT BOND FUND (STADIUM) , the sum of <br /> .2313 dollars on each one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT BOND (STUDEBAKER) , the sum of .1011 <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 /> Memb-' of afre Common Council <br />