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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 1. 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$3.0217 on each one hundred dollars of <br /> Taxable Property. <br /> Property.For PARK AND RECREATION FUND, the sum of$.6033 on each one hundred dollars of Taxable <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 11.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 /> Member of the Common Council <br /> Attest: ::• <br /> laduE & iii ilka <br /> City Clerk <br />