HomeMy Public PortalAbout2419-1969 - Fixing the tax rate and amount of taxesP'rescrlbed by State Board of Accounts City Bu et Form o. 4 a
jWev. 19641
ORDINANCE NO. 2419-1969
AN ORDINANCE FIXING THE RATE AND AMOUNT OF TAXES FOR MUNICIPAL PURPOSES TO BE
LEVIED ON PROPERTY WITHIN THE CITY OF RICHMOND. WAYNE COUNTY, INDIANA, FOR THE
YEAR 1970, AND PROVIDING FOR THE TAKING EFFECT THEREOF.
SECTION 1. BE IT ORDAINED BY THE COMMON COUNCIL of the City of Richmond, Wayne
County, Indiana, that the amount of taxes to be levied on property within the City
of Richmond, Wayne County, Indiana, for the year 1969, to be collected in 1970,
shall bE $2,412.090.93 and the rate of such tax and purpose therefore shall be as
follows:
A. For the GENERAL FUND of said City, the levy shall be's1.2675
on each One Hundred Dollars of assessed valuation and this
shall be placed in the said General Fund.
B. For the GENERAL SINKING FUND of said City, the levy shall be
$0.1225 on each One Hundred Dollars of assessed valuation.
C. For the AIRPORT OPERATING FUND of said City, the levy shall be
$0.0620 on each One Hundred Dollars of assessed valuation.
D. For the POLICE PENSION FUND of said City, the levy shall be
$0.1315 on each One Hundred Dollars of assessed valuation.
E. For the PARK AND RECREATION DEPARTMENT of said City, the levy
shall be 0.3348 on each One Hundred Dollars of assessed valuation.
F. For the CITY PLAN COMMISSION of said City, the levy shall be
$0.0513 on each One Hundred Dollars of assessed valuation.
G. For the REDEVELOPMENT COMMISSION of said City, the levy shall
be $0.10 on each One Hundred Dollars of assessed valuation.
H. For the CUMULATIVE BUILDING FUND FOR STORM SEWERS of said City,
the levy shall be $0.15 on each One Hundred Dollars of assessed
valuation.
I. For the CUMULATIVE CAPITAL IMPROVEMENT FUND FOR MUNICIPAL BUILDINGS,
ETC. of said City, the levy shall be $0.20 on each One Hundred
Dollars of assessed valuation.
J. For the PARK SINKING BOND FUND of said City, the levy shall be
$0.0328 on each One Hundred Dollars of assessed valuation.
K. For the REDEVELOPMENT DISTRICT BOND FIRST ISSUE FUND of the Said
City, the levy shall be $0.2237 on each One Hundred Dollars of
assessed valuation.
L. And therefore shall be a total tax rate on the property within
the City of Richmond, Wayne County, Indiana, of $2.6761 on each
One Hundred Dollars of assessed valuation.
SECTION 2. Said taxes shall be paid and allocated as provided by an ACT of the
General Assembly of the State of Indiana, entitled "AN ACT GOVERNING MUNICIPAL
CORPORATION% approved March 6, 1905, and subsequent parts thereto amendatory and/or
supplemental thereto or therefore.
Ord.2419-1969
Page 2
SECTION 3. This ordinance shall be in full force and effect from and after its
passage by Common Council of the City of Richmond, Indiana, properly signed by
the President of Common Council, approval by the Mayor of said City, and with
notice as required by taw.
q`DASD by the Common Council of the City of Richmond, Wayne County, Indiana this
day of August, 1969.
,�,sident
Attest:
City Clerk
SUBMITTED to the Mayor of the City of Richmond, Indiana, this A�Aay of
August, 1969.
APPROVED by me, Byron E. Klute, Mayor of the City of Richmond, Indiana, this 6
day of .August, 1969.
Attest: AA-k-,Q
City Clerk