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HomeMy Public PortalAbout2353-1968 - Providing funds for Storm Sewers41 A ORDINANCE NO. 2353-1968 AN ORDINANCE PROVIDING FOR CUMULATIVE BUILDING AND SINKING FUND TO PROVIDE FUNDS FOR THE PLANNING AND FOR THE CONSTRUCTION OF STORM SEWERS AND THE RE- MODELING, REPAIRING OR EXTENSION OF SAME, AND FOR RELIEF SEWERS AND DRAINS IN AID OF SANITARY SYSTEMS OR STREET SEWERS OR FOR ANY OR ALL OF THE ABOVE ENUMERATED MUNICIPAL UNDERTAKINGS. BE IT ORDAINED by the Common Council of the City of Richmond, Indiana: SECTION 1. That there be and there is hereby established a Cumulative Building and Sinking Fund to provide funds for the planning and for the conste4urtion of storm sewers and the remodeling, repairing or extension of same, and for relief sewers and drains in aid of sanitary systems or street sewers or for any or all of the above enumerated municipal undertakings. SECTION 2. AND that there be levied an additional tax at the rate of fifteen ($0.15) cents on each One Hundred Dollars ($100.00) of taxable and personal property within the taxing district to provide monies for said fund, said tax to be first levied in 1968, payable in 1969, and annually thereafter for a total period of five (5) years, expiring in 1973, as provided for in ACTS of 1967, Chapter 146. SECTION 3. THAT notice be given to the taxpayers affected by the proposed action as provided by law, and that a public hearing on the proposal be held at 7:30 p.m. on the 3rd day of September, 1968 at the City Building, Richmond, Indiana at which time all interested taxpayers shall be heard. SECTION 4. THAT, thereafter, the proofs of publication and posting of public notice of public hearing, together with a certified copy of this Ordinance, be sent to the State Board of Tax Commissioners, State of Indiana, as provided by law. SECTION 5. THIS Ordinance shall be in full force and effect and after its passage and signing by the Mayor. PASSED AND ADOPTED by the Common Council of the City of Richmond, Indiana on the day of 1968. Presi Common Council Attest: city cle PRESENTED by me to the Mayor of the City of Richmond on the day of 1968 at the hour of/m. 4ty THIS ORDINANCE approved and signed by me on the .S� day of 1968, at the hour of /�.m.