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HomeMy WebLinkAboutCommon Council Voting in Favor of a Proposed Ordinance St. Joseph County Income Tax Council Increasing Percentage Credit Allowed for Homesteads RESOLUTION NO. 1258-85 Passed by the Common Council of the City of South Bend, Indiana, February 11, 19 85 . Attest: City Clerk Attest: (a(14-.t-L President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana February 11, 19 RS . /C City Clerk Approved and signed by me I // 19 �S Mayor L/ RESOLUTION NO. L S"&-' .0 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND VOTING IN FAVOR OF A PROPOSED ORDINANCE OF THE ST. JOSEPH COUNTY INCOME TAX COUNCIL INCREASING THE PERCENTAGE CREDIT ALLOWED FOR HOMESTEADS. WHEREAS, the Common Council of the City of South Bend recognizes that the Indiana Legislature has passed legislation which provides that once a county option income tax is in effect , a county may adopt an ordinance to increase the percentage credit allowed for homesteads in its county under IC 6-1 . 1-20.9-2 ; WHEREAS, in order to provide property tax relief to all owners of homesteads in St. Joseph County, Indiana, it is in the interest of residents of South Bend and St. Joseph County to increase the percentage credit allowed for homesteads . NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of South Bend , Indiana, as follows : SECTION I. That the Common Council of the City of South Bend hereby casts its 45 .41 votes for the proposed ordinance of the St. Joseph County Income Tax Council , which reads as follows : ORDINANCE NO. AN ORDINANCE OF THE ST. JOSEPH COUNTY INCOME TAX COUNCIL INCREASING THE PRECENTAGE CREDIT ALLOWED FOR HOMESTEADS. STATEMENT OF PURPOSE AND INTENT: WHEREAS, IC 6-3 .5-6-2 established the County Income Tax Council ; and WHEREAS, 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; and WHEREAS, during the 1984 General Assembly the law governing percentage credits allowed for homestead exemptions was amended to allow a four percent (4%) credit during 1986 and thereafter unless said credits are increased by Ordinance of the County Income Tax Council ; and WHEREAS, the St. Joseph County Income Tax Council wishes to increase the percentage credit allowed for homestead exemptions two percent (2%) ; and WHEREAS, such an Ordinance of the St. Joseph County Income Tax Council must be passed on or before June 1, 1985; NOW, THERFORE, BE IT ORDAINED BY THE ST. JOSEPH COUNTY INCOME TAX COUNCIL OF ST. JOSEPH COUNTY, INDIANA, as follows : SECTION I. The percentage credit for homesteads , as provided by IC 6-1.1-20.9 is increased by the St. Joseph County Income Tax Council for all eligible homesteads in the county , according to the following schedule : CALENDAR YEAR PERCENTAGE CREDIT 1986 6% (2% local , 4% state) 1987 6% (2% local , 4% state) 1988 6% (2% local , 4% state) 1989 6% (2% local , 4% state) SECTION II. The percentage credit allowed for homesteads under the schedule in Section I. of this Ordinance is the sum of the percentage credit allowed by IC 6-1 .1-20 .9 plus the additional percentage credit authorized by the St. Joseph County Income Tax Council . This Ordinance shall be in full force and effect on and after the 1st day of January, 1986. SECTION III . This Ordinance expires on December 31 , 1989. 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. %�&'CI em er of the C on Council Approved and signed by me this (kid._ day of , 1985 , at 9:00 o' clock. ' / VA4t Roger . Pa eni=, Mayo City f S ' h Bend ATTEST: Irene Gammon, City Clerk FILED IN CLERK'S OFFICE FEB 61985 PRESENTED -//1-8s IRENE GAMMON CITY CLERK, SO. BEND, IN NOT APPROVED ADOPTED o9- /I -8