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TOWN OF MOORESVILLE,MORGAN COUNTY,INDIANA <br /> Ordinance# ao// <br /> ORDINANCE RE-ESTABLISHING THE RATE ON <br /> THE CUMULATIVE CAPITAL DEVELOPMENT FUND <br /> Under Indiana Code 36-9-15.5 <br /> BE IT RESOLVED by the Mooresville Town Council of Morgan <br /> County, Indiana that a need now exists for the re-establishment of the Cumulative Capital <br /> Development Fund rate for the following purposes: <br /> For all uses as set out in Indiana Code 36-9-15.5 <br /> BE IT FURTHER RESOLVED that this Council will adhere to the <br /> provisions of Indiana Code 36-9-15.5. The proposed fund will not exceed$.0500 on <br /> each$100 of assessed valuation. Said tax rate will be levied beginning with taxes for <br /> 2011 payable 2012. <br /> BE IT FURTHER RESOLVED that proofs of publication of the public <br /> hearing held on the 19th day of July, 2011, and a certified copy of this resolution be <br /> submitted to the Department of Local Government Finance of the State of Indiana as <br /> provided by law. Said Cumulative Fund is subject to the approval of the Department of <br /> Local Government Finance. <br /> • Duly adopted by the following vote of the members of said Mooresville Town Council <br /> this 19th day of July, 2011. <br /> YE NAY <br /> kff saz*4c- -., e4416 <br /> i -r <br /> Attest: 411.42---e / ,Fiscal Officer <br />