HomeMy WebLinkAbout8416-93 Levying Taxes Civil City December 31, 1994 Budget ORDINANCE No. 8416-93
Passed by the Common Council of the City of South Bend, Indiana.
FPptember 27, IQ 93
Attest: City Clerk
IRENE K. GAMMON
Attest: _ •,_' _ - AP,_ - President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana—
September 28, 1993
City Clerk
IRENE K. GAMMON
Approved and signed by me 9 199-
Mayor
•
ORDINANCE NO. 8 +/�- 9!
AN ORDINANCE 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, 1994
STATEMENT OF PURPOSE AND INTENT:
It is necessary to pas 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 1994.
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 1993 to be collected in
the year 1994 the following:
For CORPORATION GENERAL FUND, the sum of 5.7544 dollars on
each one hundred dollars of Taxable Property.
For PARK MAINTENANCE FUND, the sum of .9884 dollars on each
one hundred dollars of Taxable Property.
For FIREMEN'S PENSION FUND, the sum of .1836 dollars on each
one hundred dollars of Taxable Property.
For POLICEMEN'S PENSION FUND, the sum of .1829 dollars on
each one hundred dollars of Taxable Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of .1543
dollars on each one hundred dollars of Taxable Property.
For REDEVELOPMENT DISTRICT BOND FUND (STADIUM) , the sum of
.2313 dollars on each one hundred dollars of Taxable Property.
For REDEVELOPMENT BOND (STUDEBAKER) , the sum of .1011
dollars on each one hundred dollars of Taxable Property.
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.
Memb-' of afre Common Council
•
(Imnmjtter Report
Ma the Qtmmuiwn flounril of the Mtn of lifmutil end:
Your Committee
of the Whole
to whom was referred
BILL NO.
73-93 PUBLIC HEARING ON A BILL 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, 1994.
Respectfully report that they have examined the matter and that in their opinion
This bill has been recommended to the Council favorable.
Thomas Zakrzewski Chairman