HomeMy WebLinkAbout10614-18 Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the Fiscal year ending December 31, 2019 ORDINANCE No . 10614-18
Passed by the Common Council of the City of South Bend,Indiana
October 8, 20 18
Attest: City Clerk
Kare'emah N. Fowler
Attest: —President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
October 8, 18
20
City Clerk
Kar mah N. Fowler
Approved and signed by mei df 20
Mayor
1/
BILL NO. 38-18
ORDINANCE NO. Q H"L
AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA, LEVYING
TAXES AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF
RAISING REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL
CITY OF SOUTH BEND FOR THE FISCAL YEAR ENDING DECEMBER 31,
2019
STATEMENT OF PURPOSE AND INTENT
It is necessary to pass this Ordinance in order to levy taxes and fix the rate of
taxation for the purpose of raising revenue to meet the necessary expenses for 2019.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF
THE CITY OF
SOUTH BEND, INDIANA, AS FOLLOWS:
SECTION I. 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
2018 to be collected in the year 2019 the following:
For CORPORATION GENERAL FUND, the sum of$xxxxx on each one
hundred dollars of Taxable Property.
For PARK AND RECREATION FUND, the sum of$O.xxxxon each one hundred
dollars of Taxable Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$O.xxxx on
each one hundred dollars of Taxable Property.
Total Civil City Rate $xxxxx
For REDEVELOPMENT BOND (COLLEGE FOOTBALL HALL OF FAME),
the sum of$O.xxxx on each one hundred dollars of Taxable Property.
Total Redevelopment Rate $O.xxxx
SECTION II. This Ordinance shall be in full force and effect from and after its
passage by the Common Council and approval by the Mayor.
Tim Scott, o nt
South Bend Common Council
Attest:
Kare ah N. Fowle , City Clerk
Office of the City Clerk
Presented by me,the undersigne Clerk of the City of South Bend,to the Mayor of
the City of South Bend, Indiana on the day of C)CAb j?T- , 2018, at
�. o'clock . in.
eemah N. Fowler, City Clerk
Office of the City Clerk
Approved and signed by me on the day of DdZ�W�- , 2018, at q
o'clock
I.M.
Pete Butti a or
City of South Ben , ndiana
PUBLIC FIEA,jNC �' L``��g
NOT APpROV /D�, Q
WERRM Y�1
PASSFp ��
BILL NO. 38-18
SUBSTITUTE ORDINANCE NO. 10614-18
AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA, LEVYING
TAXES
AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING
REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY
OF SOUTH BEND FOR THE FISCAL YEAR ENDING
DECEMBER 31,2019
STATEMENT OF PURPOSE AND INTENT
It is necessary to pass this Ordinance in order to levy taxes and fix the rate of
taxation for the purpose of raising revenue to meet the necessary expenses for 2019.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF
THE CITY OF
SOUTH BEND, INDIANA, AS FOLLOWS:
SECTION I. 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
2018 to be collected in the year 2019 the following:
For CORPORATION GENERAL FUND, the sum of$3.6535 on each one
hundred dollars of Taxable Property.
For PARK AND RECREATION FUND,the sum of$0.8597 on each one
hundred dollars of Taxable Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$0.0385 on
each one hundred dollars of Taxable Property.
For PARK BOND DEBT SERVICE FUND, the sum of$0.0833 on each one
hundred dollars of Taxable Property.
Total Civil City Rate $4.6350
SECTION II. This Ordinance shall be in full force and effect from and
after its passage by the Common Council and approval by the Mayor.
Passed on October 8, 2018 by the Common Council of the City of South Bend, Indiana.
Presented to approved and signed by Mayor Peter Buttigieg on October 9, 2018
Approved: Tim Scott, President of the Common Council
Kareemah N. Fowler, City Clerk