(A) The Board of Commissioners finds that a need now exists for the re-establishment of a Cumulative Capital Development Fund for all uses as set out in I.C. 36-9-14.5-2, which incorporates the uses set out in:
(1) I.C. 3-11-6-9;
(2) I.C. 8-16-3;
(3) I.C. 8-16-3.1;
(4) I.C. 8-22-3-25;
(5) I.C. 14-27-6-48;
(6) I.C. 14-33-14;
(7) I.C. 16-22-8-41;
(8) I.C. 16-22-5-2 through I.C. 16-22-5-15;
(9) I.C. 36-9-14;
(10) I.C. 36-9-15;
(11) I.C. 36-9-16-2;
(12) I.C. 36-9-16-3;
(13) I.C. 36-9-27-100; and
(14) I.C. 36-10-3-21.
(B) The Board will adhere to the provisions of I.C. 6-1.1-41. The proposed fund will be $.0333 for each $100 of assessed valuation for taxes payable in 2023 and each year thereafter, continuing until reduced or rescinded.
(Ord. 2007-5B, passed 6-4-07; Am. Ord. 2013-8E, passed 8-20-13; Am. Ord. 2014-5B, passed 5-20-14; Am. Ord. 2015-5B, passed 5-4-15; Am. Ord. 2016-4B, passed 4-5-16; Am. Ord. 2017-4D, passed 4-18-17; Am. Ord. 2018-3F, passed 3-20-18; Am. Ord. 2020-3B, passed 3-3-20; Am. Ord. 2021-3B, passed 3-2-21; Am. Ord. 2022-3B, passed 3-1-22)