HomeMy WebLinkAboutLevying Taxes Fiscal Year December 31, 1989 BILL NO. �/ z
ORDINANCE NO. /Q 1J
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, 1989.
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 1989.
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 1988 to be collected in the
year 1989 the following:
For CORPORATION GENERAL FUND, the sum of 6.5212 dollars on
each one hundred dollars of Taxable Property.
For PARK MAINTENANCE FUND, the sum of .8282 dollars on each
one hundred dollars of Taxable Property.
For FIREMEN'S PENSION FUND, the sum of . 5246 dollars on each
one hundred dollars of Taxable Property.
For POLICEMEN'S PENSION FUND, the sum of .2963 dollars on
each one hundred dollars of Taxable Property.
For MORRIS CIVIC AUDITORIUM FUND, the sum of .0532 dollars
on each one hundred dollars of Taxable Property.
For PARK DISTRICT BOND FUND, the sum of .2253 dollars on
each one hundred dollars of Taxable Property.
For URBAN REDEVELOPMENT BOND FUND, the sum of .0634 dollars
on each one hundred dollars of Taxable Property.
For DISCOVERY HALL FUND, the sum of .0831 dollars on each
one hundred dollars of Taxable Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of .1466
dollars on each one hundred dollars of Taxable Property.
For JUNK VEHICLE FUND, the sum of .0051 dollars on each one
hundred dollars of Taxable Property.
For UNSAFE BUILDING FUND, the sum of .0251 dollars on each
one hundred dollars of Taxable Property.
For REDEVELOPMENT DISTRICT BOND FUND, the sum of .4224
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 Mavnr_