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HomeMy Public PortalAbout12-1994-12 RESOLUTION NO. 1994-12 A RESOLUTION ESTABLISHING THE GREENCASTLE ECONOMIC DEVELOPMENT INCOME TAX FUND WHEREAS, Putnam County has adopted a County Economic Development Income Tax pursuant to I.C. 6-3.5-7 and following; and WHEREAS, I.C. 6-3.5-7-13 provides that the fiscal officer of the city shall establish an Economic Development Income Tax Fund; and WHEREAS, all economic development income tax revenues shall be deposited in such Fund. NOW, THEREFORE, BE IT RESOLVED that the City of Greencastle establish a fund designated as the Greencastle Economic Development Income Tax Fund and be further designated as Account No. '4 4 . BE IT FURTHER RESOLVED that the Clerk-Treasurer be authorized to disburse such funds pursuant to the Capital Improvement Plan adopted pursuant to I.C. 6-3.5-7-15. PASSED AND RESOLVED by the Common Council of the City of Greencastle at its regular meeting this 12th day of April, 1994. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA Thomas W. Roach Susan V. Murray Jeraq D. Calbert M hael W. Rokicki 6talea2./ /14:A Charles T. Miles Approved and signed by me this J Z t day of , 1994 at i 1' 3e) o'clock .m. Michael M. Harmless, Mayor ATTEST: 4'1,US L-'l c3CLA-0.4.-X J Berry, CMC, Clerk-treasurer gr\a\resol-12.94