§ 30.21  CUMULATIVE CAPITAL DEVELOPMENT FUND.
   (A)   A Cumulative Capital Development Fund pursuant to I.C. 36-9-15.5 et seq., as amended, is hereby established.
   (B)   The rates for the Cumulative Capital Development Fund shall be as follows:
 
Year
Tax Rate per $100 Assessed Valuation
1st year
$0.0167
2nd year
$0.0333
3rd year and thereafter
$0.0500
 
(2000 Code, § 3-7)  (Ord. 2001-5, passed 7-10-2001)