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BILL NO. �/ z <br /> ORDINANCE NO. /Q 1J <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 <br /> CITY OF SOUTH BEND FOR THE FISCAL YEAR ENDING <br /> DECEMBER 31, 1989. <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 revenue <br /> to meet the necessary expenses for 1989. <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 1988 to be collected in the <br /> year 1989 the following: <br /> For CORPORATION GENERAL FUND, the sum of 6.5212 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For PARK MAINTENANCE FUND, the sum of .8282 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For FIREMEN'S PENSION FUND, the sum of . 5246 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For POLICEMEN'S PENSION FUND, the sum of .2963 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For MORRIS CIVIC AUDITORIUM FUND, the sum of .0532 dollars <br /> on each one hundred dollars of Taxable Property. <br /> For PARK DISTRICT BOND FUND, the sum of .2253 dollars on <br /> each one hundred dollars of Taxable Property. <br /> For URBAN REDEVELOPMENT BOND FUND, the sum of .0634 dollars <br /> on each one hundred dollars of Taxable Property. <br /> For DISCOVERY HALL FUND, the sum of .0831 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of .1466 <br /> dollars on each one hundred dollars of Taxable Property. <br /> For JUNK VEHICLE FUND, the sum of .0051 dollars on each one <br /> hundred dollars of Taxable Property. <br /> For UNSAFE BUILDING FUND, the sum of .0251 dollars on each <br /> one hundred dollars of Taxable Property. <br /> For REDEVELOPMENT DISTRICT BOND FUND, the sum of .4224 <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 approval <br /> by the Mavnr_ <br />