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10-22-12 Council Agenda & Packet
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10-22-12 Council Agenda & Packet
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10/18/2012 11:17:08 AM
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City Council - City Clerk
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Agendas
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SQL s - '41,-1 --- <br /> 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 I.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$3.0217 on each one hundred dollars of <br /> Taxable Property. <br /> For PARK AND RECREATION FUND,the sum of$.6033 on each one hundred dollars of Taxable <br /> Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$.0407 on each one hundred <br /> dollars of Taxable Property. <br /> Total Civil City Rate$3.6657 <br /> For REDEVELOPMENT BOND(COLLEGE FOOTBALL HALL OF FAME),the sum of$.0781 on <br /> each one hundred dollars of Taxable Property. <br /> Total Redevelopment Rate$.0781 <br /> SECTION II.This Ordinance shall be in full force and effect from and after its passage by the <br /> Common Council and approval by the Mayor. <br /> ati 6 Ott ,_ <br /> Member of the Common Council �/ <br /> Attest: and <br /> Ssn c�a3a '.e, <br /> Council Math on fit _ :... <br /> City Clerk <br />
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