§ 9-71. Cumulative sewage treatment, storm sewer and disposal plant fund

(a) A cumulative sewage treatment, storm sewer and disposal plant fund is established for the following purpose: for the purpose of providing funds for the planning, erection, remodeling and extension or repairing of sewage disposal plants and sewers to convey sanitary sewage to such plants, or for the construction of storm sewers and remodeling, repairing or extension of the same and for relief sewers and drains in the aid of the sanitary system or storm sewers or for any or all of the above-enumerated municipal undertakings.

(b) The City of Lake Station does hereby levy an additional tax at the rate of fifty cents ($0.50) for each one hundred dollars ($100.00) of taxable real property within the present City of Lake Station taxing district to provide monies for said cumulative sewage treatment, storm sewer and disposal plan fund. Said tax to be first levied in 1978 payable in 1979 and thereafter for a total period of ten (10) years to expire in 1988 as provided by Chapter 146, of the Acts of the 1967 Indiana General Assembly, and all acts amendatory thereof and supplemental thereto.

(Ord. No. 78-29, §§ 1, 2, 10-5-78)