§ 35.03  CUMULATIVE FIREFIGHTING FUND.
   (A)   The Common Council resolves that a need now exists for the establishment of a Cumulative Firefighting Fund for any of the following purposes:
      (1)   The purchase, construction, renovation or addition to buildings or the purchase of land used by the Fire Department or a volunteer Fire Department serving the unit;
      (2)   The purchase of firefighting equipment for use of the Fire Department or a volunteer Fire Department serving the unit, including making the required payments under a lease rental with option to purchase agreement made to acquire the equipment;
      (3)   The purchase of radio equipment; and
      (4)   The purchase, construction, renovation or addition to a building, the purchase of land or the purchase of equipment for use of a provider of emergency medical services under I.C. 16-31-5 to the unit establishing the Fund.
   (B)   The Board will adhere to the provisions of I.C. 36-8-14. The proposed Fund will not exceed the rate of $0.0333 on each $100 of assessed valuation. Said tax rate will be levied beginning with 2012 taxes, payable in 2013.
(Ord. 2003-0603, passed 7-14-2003; Ord. 2005-0201, passed 3-14-2005; Ord. 6-2010-2, passed 7-13-2010; Ord. 5-2011-2, passed 6-14-2011; Ord. 5-2012-1, passed 5-15-2012)