Pursuant to the Act, all of the territory within the corporate boundaries of the town, or the territory served by the waterworks of the town if larger or smaller, will constitute a special taxing district to be known as the Town of Pendleton, Indiana Waterworks District (the "Waterworks District") for the purpose of levying and collecting special benefit taxes as provided in the Act. The Council finds and determines that all of the taxable property within the Waterworks District will be considered to be benefitted by the waterworks projects carried out under the Act to the extent of the special taxes levied under the Act for the financing thereof.
(Ord. 2015-16, passed 9-10-15)