(A) A need now exists for the establishment of a Cumulative Bridge Fund to provide funds for the cost of construction, maintenance and repair of bridges, approaches and grade separations as defined in I.C. 8-16-3-1.5 and to make county-wide bridge inspections and safety ratings as stated in I.C. 8-16-3-1.
(B) The Board of County Commissioners will adhere to the provisions of I.C. 8-16-3. The total tax levied on all taxable real and personal property in the county for the fund, including the tax increase, shall not exceed $0.0233 per $100 of assessed valuation. Said increased tax rate shall be levied beginning with taxes payable beginning in the year 2008.
(BCC Ord. 1995-19, passed 6-5-95; Am. Ord. BCC-2006-28, passed 7-17-06; Am. Ord. BCC-2007-29, passed 6-16-07)