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CITY OF SOUTH BEND <br />STEPHEN J. LUECKE, MAYOR <br />OFFICE OF THE MAYOR <br />March 17, 2004 <br />Ms. Karen White, President <br />South Bend Common Council <br />4`I' Floor County -City Building <br />South Bend, IN 46601 <br />RE: Homestead Resolution <br />Dear Ms. White: <br />Attached is a Resolution which should be welcome to members of the South Bend <br />Common Council. It endorses an ordinance of the St. Joseph County Income Tax Council to <br />increase the percentage allowed for homesteads in St. Joseph County. This will provide needed <br />property tax relief to South Bend homeowners. <br />The process for increasing the homestead exemption is prescribed by Indiana statute and <br />requires approval of the members of the County Tax Council. The St. Joseph County Council <br />cast its 38.72 votes in favor of the Tax Council's homestead exemption ordinance by unanimous <br />(8 - 0) vote on March 9, 2004. The City of South Bend has 40.59 votes on the County Tax <br />Council, and the proposed Resolution casts all those votes in favor of increasing the homestead <br />exemption to its maximum level. If this Resolution is passed by the South Bend Common <br />Council at its March 22, 2004 meeting, it will be timely. <br />I will attend the Council's committee meeting to answer any questions you may have and <br />will also introduce the Resolution at the Council's regular meeting. Thank you for joining this <br />property tax relief effort. <br />Sincerely, <br />In clerk's Off cs <br />J. <br />Mayor I I MAR 1 7 2004 <br />COUNTY -CITY BUILDING • SOUTH BEND, INDIANA 4660 <br />PHONE 574/235 -9261 • FAx 574/235 -9892 • TDD 574/2 <br />