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Nashville ordinance re-establishing the CUMULATIVE CAPITAL DEVELOPMENT FUND

ORDINANCE NO 200163

AN ORDINANCE 

RE-ESTABLISHING THE CUMULATIVE CAPITAL DEVELOPMENT FUND

FOR THE TOWN OF NASHVILLE INDIANA

WHEREAS the Town of Nashville Indiana accepted and passed Ordinance 19947 establishing the Town of Nashville Cumulative Capital Development Fund and;

WHEREAS Indiana Code 369155 allows municipalities to establish and continue a Cumulative Capital Development Fund and;

WHEREAS the Town of Nashville finds that such a fund is necessary and prudent for the financial well-being of the municipality and

NOW THEREFORE BE IT ORDERED by the Town Council of Nashville Indiana that

1. That the Town of Nashville hereby re-establishes the Cumulative Capital Development Fund beginning in the year 2013 pay 2014

2. The ad valorem property tax levy will continue with the revenues from the levy being retained in the Town of Nashville Cumulative Capital Development Fund

3. The maximum rate of levy under Section 2 will not exceed 05 per 100 of Assessed Valuation each year.

4. The Funds accumulated in the Town of Nashville Cumulative Capital Development Fund will be used for

Cumulative Fire Fighting Building and Equipment IC 36-8-14 (50%)

Cumulative Drainage Fund IC 36-9-27-100

Cumulative Street Fund IC 36-9-16.5

Cumulative Building Fund IC 36-9-16-2

5. Notwithstanding Section 4 of this Ordinance, funds accumulated in the Cumulative Capital Development Fund may be spent for purposes other than the purposes stated in Section 4 if the purpose is to protect the public health, welfare or safety in an emergency situation which demands immediate action. Money may be spent under the authority of this section only after the Town Council President issues a declaration that the public health welfare or safety is in immediate danger that requires the expenditure of money in the fund

6. This fund takes effect upon approval of the Department of Local Government Finance.

PASSED AND ADOPTED by the Nashville Town Council this 18th day of July 2013.

Council President Robert Kirlin

Council Vice-President Charles B. King

Council Member R. Sean Cassiday

Council Member Jane Gore

Council Member Arthur Omberg

ATTEST:

Clerk-Treasurer, Brenda K. Young

13-202  7/31/2013  31656439 hspaxlp

  • January 28
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • January 28
    BC Sheriff's Merit Board
    4 p.m. Law Enforcement Center, 55 State Road 46 East
  • January 28
    BC Board of Zoning Appeals
    6 p.m. County Office Building, 201 N. Locust Lane
  • January 29
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • January 30
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • January 30
    'Wild' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 31
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • January 31
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • January 31
    'Wild' at the Playhouse
    4 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 31
    'Psycho' party at the Playhouse
    7:30 p.m. BC Playhouse, 70 S. Van Buren St.
  • February 1
    'Wild' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • February 2
    Gnaw Bone Sewage District
    5:30 p.m. Library, 205 N. Locust Lane
  • February 3
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • February 3
    Open 12-step meetings in New Bellsville area
    6 to 7 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • February 3
    Bean Blossom Regional Sewer Board
    7:30 p.m. County Office Building, 201 N. Locust Lane
  • February 4
    Lake Lemon Conservancy District annual meeting
    6 p.m. Benton Township Senior Center, 7616 E. State Road 45, Unionville
  • February 4
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • February 4
    Van Buren Township Advisory Board
    7 p.m. Van Buren trustee's office, 4748 Christianburg Road
  • February 5
    Go Club meeting Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • February 5
    Jackson Township Board
    6 p.m. Jackson Fire Station, 4831 Helmsburg Road
  • February 6
    Bingo
    5 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • February 7
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • February 7
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • February 9
    Washington Township Trustees
    7 p.m. Parkview Church of the Nazarene, 1750 State Road 46 East
  • February 10
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • February 12
    BC Convention & Visitors Commission
    8:30 a.m. County Office Building, 201 N. Locust Lane
  • February 13
    Bingo
    5 p.m. Fruitdale Fire Station, 5200 State Road 135 North.
  • February 14
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • February 17
    Hamblen Trustee Board annual review
    6:30 p.m. 2314 Hickory Ridge Lane off Hornettown Road
  • February 20
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom