Indiana Voting in Favor of Ordinance Imposing the County Option Income Tax is St. Joseph Co. (COIT)

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CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR OFFICE OF THE MAYOR March 5, 1997 Mr. Roland Kelly, President South Bend Common Council 4th Floor, County -City Building South Bend, IN 46601 Re: Resolutions Voting in Favor of an Ordinance of the St. Joseph County Income Tax Council Imposing the County Option Income Tax (COIT) Increasing the Percentage Credit Allowed for Homesteads in St. Joseph County, and Increasing the Rate of the County Economic Development Income Tax (CEDIT) Dear President Kelly: I am attaching the above - captioned resolutions. As you know, the St. Joseph County Council, on March 4, 1997, passed proposed ordinances of the St. Joseph County Income Tax Council that would impose the County Option Income Tax, increase the Homestead Credit, and increase the rate of the County Economic Development Income Tax. The passage of this proposed ordinance has been certified and forwarded to the City of South Bend, which is also a member of the County Option Income Tax Council. Over the past few years we have held numerous public and private meetings regarding the financial needs of the citizens of St. Joseph County and the City of South Bend. It is abundantly clear that despite the relatively strong financial position of the City of South Bend that there are still many unmet needs that have been deferred due to lack of adequate funding. I have provided the Council with some suggestions as to uses for the additional funds that the City of South Bend would receive as a result of a favorable vote on all of these resolutions. I look forward to discussing this important issue with you in more detail when you hold your public hearing on these resolutions, which I understand will be at your regular Council meeting of March 241 1997, at 7:00 p.m. COUNTY -CITY BUILDING • SOUTH BEND, INDIANA 46601 PHONE 219/235 -9261 • FAX 219/235 -9892 . TDD 219/235 -5567