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HomeMy Public PortalAbout1315-1946 - Fixing the tax rate for 1947ORDINANCE NO. 19467 AN ORDINANCE FIXING THE RATE AND THE AMOUNT OF TAXES FOR MUNICIPAL PURPOSES TO BE LEVIED ON PROPERTY AND POLLS WITHIN THE CITY OF RICHMOND, INDIANA, FOR THE YLA R 1946 AND COLLECTED IN 1947 AND PROVIDING FOR THE TAKING EFFECT THERE OF. " J Section 1. Be it.ordained by the Common Council of the City of Richmond, Indiana, that the amount of taxes to be levied on property and polls with- in the City of Richmond, Indiana, for the year of 1946 to be collected in 1947 shall be 4 329 655.50 , and that the rate of such tax and the purposes there- sha e as follows; A. -For the General Fund of said City the levy -shall be 63¢ on each one hundred dollars assessed valuation and there shall be p ace 'in said General Fund from money raised by poll tax the sum of $_1,619.00 B. For the General Sinking Fund of said City for the purpose of paying interest and princila 1 on bonded indebtedness etc. of said City'on each one hundred dollars assessed valuation there shall be levied 00.15 C. For the Police P nsion Fund of said City on each one hundred dollars assessed valuation there shall be levied �0.02 D. For the Firemans Pension Fund of said City on"each one hundred dollars assessed valuation there shall be levied none E. For the City Planning Commission of said City on each one hundred dollars assessed valuation there shall be levied $0.002 F. For the Municipal Airport Operating Fund of said -City on each one hundred dollars assessed valuation there shall be levied $0.02 G. And there shall also'be assessed and collected on each taxable poll within the.City of Richmond, the sum -of $0.25, making a total tax rate on property within the City of Richmond, tfyayne County, Indiana, the sum of 0.822 on each one hundred dollars assessed valuation. Section 2. Said taxes shall be collected and paid and allocated as pro- vided by an Act of the General Assembly of the State of Indiana, entitled "AN ACT GOVERNING MUNICIPAL CORPORATIONS", approved March 6th, 1905,and subsequent parts thereto amendatory and/or supplemental thereto or thereof. Section 3. This ordinance shall be in full force and effect from and after its -passage by the Common Council, properly signed by the President thereof 'submission to and approval of the Mayor and with notice as is required by Law. PASSED BY `.CIE CO1VM1ON CO CIL OF THE CITY'OF RICHMOND THIS�jAY OF AUGUST 1946. Attest 4,.,_6_ City Clerk President Submitted by me, Lester E. Meadows, City Clark f the City of Richmond; Indiana to Hon.,John R. Britten, Mayor thisuday of August, 1946 at U M o'clock. City er Approved by me, John R. Britten, Mayor, this&ftday of August, 1946at pp M 61clock. Attest: City Clerk May r