HomeMy WebLinkAboutLevying Taxes and Fixing the Rate of Taxation 1990 BILL NO.
ORDINANCE NO l c
OP I3"J Sc,)(
AN ORDINANCE LEVYING TAXES AND FIXING THE RATE.
OF TAXATION FOR THE PURPOSE OF RAISING REVENUE
TO MEET THE NECESSARY EXPENSES OF THE CIVIL r ..
CITY OF SOUTH BEND FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1990.
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 1990.
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 1989 to be collected in the
year 1990 the following:
For CORPORATION GENERAL FUND, the sum of 8. 2044 dollars on
each one hundred dollars of Taxable Property.
For PARK MAINTENANCE FUND, the sum of 1.2678 dollars on each
one hundred dollars of Taxable Property.
For FIREMEN'S PENSION FUND, the sum of . 5913 dollars on each
one hundred dollars of Taxable Property.
For POLICEMEN'S PENSION FUND, the sum of .3825 dollars on
each one hundred dollars of Taxable Property.
For MORRIS CIVIC AUDITORIUM FUND, the sum of .0854 dollars
on each one hundred dollars of Taxable Property.
For PARK DISTRICT BOND FUND, the sum of .0681 dollars on
each one hundred dollars of Taxable Property.
For URBAN REDEVELOPMENT BOND FUND, the sum of .1163 dollars
on each one hundred dollars of Taxable Property.
For DISCOVERY HALL FUND, the sum of .0493 dollars on each
one hundred dollars of Taxable Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of .1598
dollars on each one hundred dollars of Taxable Property.
For JUNK VEHICLE FUND, the sum of .0097 dollars on each one
hundred dollars of Taxable Property.
For UNSAFE BUILDING FUND, the sum of . 0776 dollars on each
one hundred dollars of Taxable Property.
For REDEVELOPMENT DISTRICT BOND FUND, the sum of .1942
dollars on each one hundred dollars of Taxable Property.
SF.CTTON TT _ Thi c nrAi nanrrt chal l he in -F„l l cnrnc mytA