(A) There is hereby reestablished a special fund known as the Cumulative Capital Development Fund (the Fund) under I.C. 36-9-15.5.
(B) The Fund shall be used for any purpose under the authority of I.C. 36-9-15.5.
(C) The rate for the Fund will not exceed $0.05 per $100 of assessed valuation beginning with taxes for 2015 payable in 2016.
(Ord. 85-7, passed - - ; Am. Res. 2013-3, passed 7-22-13; Am. Res. 2015-8, passed 7-20-15)