(A) The Town Council recognizes that a need now exists for the establishment of a Fire Protection Territory Equipment Replacement Fund for the following purposes: For all uses as set out in I.C. 36-8-19-8.5.
(B) The Town Council will adhere to the provisions of I.C. 36-8-19-8.5. The proposed fund will not exceed $0.0333 on each $100 of assessed valuation. Said tax rate will be levied beginning with taxes for 2022 payable 2023 and will be a uniform tax rate.
(C) Proofs of public hearing held on April 7, 2022, and a certified copy of the establishing ordinance shall be submitted to the Department of Local Government Finance of the State of Indiana as provided by law. This fund is subject to the approval of the Department of Local Government Finance.
(D) Shelby Township, Tippecanoe County is the provider unit of the Otterbein Community Fire Protection Territory and the following units: Benton County, Otterbein Town, Bolivar Township, Pine Township, Warren County, Medina Township, White County, Round Grove Township, are the participating units of said Fire Protection Territory.
(Ord. 2021-0329B, passed 3-29-2021; Ord. 2021-0419, passed 4-19-2021; Ord. 2022-0407C, passed 4-7-2022)