Levying Taxes and Fixing the Rate of Taxation 1986

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ORDINANCE NO. 7S09..irr AN ORDINANCE LEVYING TAXES AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING REVENUE TO MEET THE NECESSARY EXPENSES FOR THE FISCAL YEAR ENDING DECEMBER 31, 1986. STATEMENT OF PURPOSE AND INTENT: BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, THAT: There shall be levied upon each One Hundred Dollars of Assessed Valuation of Taxable Property of the City of South Bend, Indiana, for the fiscal year 1985 to be collected in the year 1986 the following: For CORPORATION GENERAL FUND, the sum of 49101 . dollars on each one hundred dollars of Taxable. Property. For PARK MAINTENANCE FUND, the sum of . 8525 dollars on each one hundred dollars of Taxable Property. For FIREMEN' S PENSION FUND, the sum of . 2504 dollars on each one hundred dollars of Taxable Property. For POLICEMEN' S PENSION FUND, the sum of .2452 dollars on each one hundred dollars of Taxable Property. For GENERAL SINKING BOND FUND, the sum of . 1205 dollars on each one hundred dollars of Taxable Property. For PARK DISTRICT BOND FUND, the sum of . 1964 dollars on each one hundred dollars of Taxable Property. For URBAN REDEVELOPMENT FUND, the sum of . 0613 dollars on each one hundred dollars of Taxable Property. For MORRIS CIVIC AUDITORIUM FUND, the sum of . 0316 dollars on each one hundred dollars of Taxable Property. For DISCOVERY HALL FUND, the sum of. 0258 dollars on each one hundred dollars of Taxable Property. For CUMULATIVE CAPITAL DEVELOPMENT FUND the sum of . 0400 dollars on each one hundred dollars of Taxable Property. For PARKING GARAGE FUND, the sum of .1009 dollars on each one hundred dollars of Taxable Property. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. t?-0- ICs Member of the mon Council