(A) Purposes of the Fund. The Town Council hereby reestablishes the Cumulative Firefighting Building Equipment Fund (the "Fire Fund") pursuant to I.C. 6.1.1-41, to be used for te purposes allowed and set forth in I.C. 36-8-14.
(B) Certified rate. The Council will adhere to the provisions of I.C. 36-8-14. The proposed fund will not exceed: $0.0333 per $100 of assessed valuation. Said tax rate will be levied beginning with taxes for 2019 payable 2020.
(C) Proof of publication. The Town Council shall provide proof of publication of the public hearing held on March 18, 2019 and a certified copy of this section shall be submitted to the Department of Local Government Finance of the State of Indiana as provided by law. The Fire Fund is subject to the approval of the Department of Local Government Finance.
(Ord. 2013-07, passed 6-18-2013; Ord. 2016-11, passed 6-6-2016; Ord. 2019-05, passed 3-18-2019)