(A) The County Cumulative Building Fund for the county courthouse (“Cumulative Courthouse Fund”) is hereby established for all such uses set forth in I.C. 36-9-14-2.
(B) The Cumulative Courthouse Fund is established pursuant to I.C. 36-9-14 and the Board of Commissioners and the county shall adhere to the provisions of I.C. 36-9-14.
(C) The Cumulative Courthouse Fund will not exceed $0.0110 on each $100 of assessed valuation. The tax will be levied beginning with the taxes assessed 2008 and payable 2009.
(D) The proofs of publication of the public hearing held on July 7, 2008 and a certified copy of this section shall be submitted to the Department of Local Government Finance of the state, as provided by law. The Cumulative Courthouse Fund is subject to the approval of the Department of Local Government Finance.
(Ord. 1-2-25, passed 7-7-2008)