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HomeMy WebLinkAboutSetting the levy for the cumulative sewer building and sinking fund for the year 1981RESOLUTION Passed by the Common Council of the City of South Bend, Indiana �l Presented by me to the Mayor of the City of South Bend, Indiana 19 Clerk of Common Council Approved and signed by me �Q �� 4j C', 19 W c City Clerk RESOLUTION NO. g q( -gyp A RESOLUTION BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, SETTING THE LEVY FOR THE CUMULATIVE SEWER BUILDING AND SINKING FUND FOR THE YEAR 1981. WHEREAS, the Common Council sets the levies and rates of all tax supported funds by law, and WHEREAS, the tax rate and levy will fluctuate as determined by the final assessed value, and WHEREAS, the intent of the Council was to raise a specific levy as opposed to setting a rate. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, that: SECTION I. For the Budget Year 1981, the Cumulative Sewer levy will be $685,720.00 and the rate will be a factor of the final assessed value for the City of South Bend. SECTION II. This resolution shall be in full force and effect from and after its passage by the Common Council, and approval by the Mayor. PRESENTED NOT APPROVED ADOPTED / 3 - '- �" Member of the Common Council D v 3 1,118n CITY of SOUTH BEND ROGER O. PARENT, Mayor °�' tt r'�✓ COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 Joseph E. Kernan Director, Administration and Finance December 3, 1980 South Bend Common Council 4th Floor, County -City Building South Bend, Indiana 46601 Dear Council Members: 219/284 -9742 This resolution is merely a statement of the Common Council's intent to raise a levy of $685,720.00 for the Cumulative Sewer fund in the year 1981. This will serve to clarify any questions that the State Board of Tax Commissioners might have as to the Council's intent when the final assessed value figures for the City of South Bend are complete. By passing this resolution the Cumulative Sewer levy will not fluctuate with the assessed valuation. If you have any questions, please contact me. Thank you very much. Sincerely, d� v Joseph E. Kernan City Controller JEK:des Attachment