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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

Obituaries
See Full List »

Beulah O. (Williams) Smith-Brickey, 98, Franklin
  Former resident of Morgantown

Melody L. Estes, 56, North Vernon
  Sister of Shawna (Brian) Lowe of Brown County

Geneva Holder, 88, Sebring, Florida
  Brown County native

  • December 27
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • December 27
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • December 27
    'Interstellar' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • December 27
    Live band at dance barn
    7:30 p.m. Mike's Dance Barn, 2277 State Road 46 West
  • December 27
    Swearing-in ceremony/celebration
    6:30 p.m. Brown County Inn, 51 State Road 46 East
  • December 28
    'Interstellar' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • December 29
    Jackson Township Board
    7 p.m. Jackson Township Board, Trustee's Office, 5765 Carmel Ridge Road
  • December 29
    BC Area Plan Commission executive session
    6 p.m. County Office Building, 201 N. Locust Lane
  • December 30
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • December 30
    Open 12-step meetings in New Bellsville area
    6 to 7 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • December 30
    Nashville Town Council
    4 p.m. Town Hall, 200 Commercial St.
  • December 31
    Live band at the Playhouse
    8 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 1
    'Hunger Games: Mockingjay Part 1' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 1
    New Year's Day hike at BCSP
    10 a.m. BCSP Nature Center, 1810 State Road 46 East
  • January 2
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • January 2
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • January 2
    'Hunger Games: Mockingjay Part 1' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 3
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • January 3
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • January 3
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • January 3
    'Hunger Games: Mockingjay Part 1' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 4
    'Hunger Games: Mockingjay Part 1' at the Playhouse
    4 p.m., 7 p.m. BC Playhouse, 70 S. Van Buren St.
  • January 6
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • January 7
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • January 8
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • January 8
    Go Club meeting Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • January 9
    Bingo
    5 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • January 10
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • January 14
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • January 16
    Bingo
    5 p.m. Fruitdale Fire Station, 5200 State Road 135 North.