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HomeMy WebLinkAboutCommon Council Voting in Favor of St Joseph County Income Tax Council Increasing the Percentage Credit Allowed for HomesteadsRESOLUTION NO. 2445 -97 Passed by the Common Council of the City of South Bend, Indiana, March 24, .- 97 Clerk Attest: 7L1&'U President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana March 25, 19 97 City Clerk Approved and signed by me z4wl RJ, 199_. Mayor RESOLUTION NO X15 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA VOTING IN FAVOR OF AN ORDINANCE OF THE ST. JOSEPH COUNTY INCOME TAX COUNCIL INCREASING THE PERCENTAGE CREDIT ALLOWED FOR HOMESTEADS IN ST. JOSEPH COUNTY WHEREAS, the Common Council of the City of South Bend, Indiana recognizes that the Indiana Legislature has passed legislation which provides for the County Option Income Tax and allows, in connection therewith, for an increase in the percentage credit allowed for homesteads in counties in which the County Option Income Tax is in effect; and WHEREAS, the St. Joseph County Income Tax Council has approved the imposition of the County Option Income Tax in St. Joseph County and has determined that the imposition of this tax should be accompanied by property tax relief in the form of an increase in the percentage credit allowed for homesteads in St. Joseph County. NOW, THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AS FOLLOWS: SECTION I. The Common Council of the City of South Bend, Indiana casts its 42.71 votes for the proposed ordinance of the St. Joseph County Income Tax Council which reads as follows: AN ORDINANCE INCREASING THE PERCENTAGE CREDIT ALLOWED FOR HOMESTEADS IN ST. JOSEPH COUNTY, INDIANA STATEMENT OF PURPOSE & INTENT The St. Joseph County Income Tax Council, pursuant to IC 6- 3.5 -6, has determined that it will be in the public interest to increase the percentage allowed for homesteads in St. Joseph County to provide property tax relief to the homeowners of St. Joseph County, Indiana. The members of the St. Joseph County Income Tax Council are the South Bend Common Council, Mishawaka Common Council, the St. Joseph County Council, and other local units. NOW, THEREFORE, BE IT ORDAINED BY THE ST. JOSEPH COUNTY INCOME TAX COUNCIL OF ST. JOSEPH COUNTY, INDIANA, as follows: SECTION I. The St. Joseph County Income Tax Council hereby increases the percentage credit allowed for homesteads in St. Joseph County under IC 6 -1.1- 20.9 -2 as follows: For Real Property Taxes payable in 1998 the percentage credit allowed for homesteads in St. Joseph County is increased six (6) percentage points over that percentage allowed under IC 6 -1.1- 20.9 -2. For Real Property Taxes payable in 1999 the percentage credit allowed for homesteads in St. Joseph County is increased seven (7) percentage points over that percentage allowed under IC 6 -1.1- 20.9 -2. For Real Property Taxes payable in 2000 and thereafter the percentage credit allowed for homesteads in St. Joseph County is increased eight (8) percentage points over that percentage allowed under IC 6 -1.1- 20.9 -2. This shall take effect January 1, 1998. SECTION II. If any part, section, subsection, sentence, clause or phrase of this Ordinance is for any reason declared unconstitutional or otherwise invalid, such decision shall not affect the validity of the remaining portions of this Ordinance. SECTION III. This Ordinance shall be in full force and effect from and after January 1, 1998 upon its passage by the St. Joseph County Income Tax Council. SECTION II. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. Member, South Bend Co on Council PRESENTED 3= NOT APPROVED ADOPTED,3 -dq- % 7 Filed in Clerk's Office MAR 19 1997 LORETYAJ. DUDA WYCLERK SM EEWK, I-"t