§ 36-6. Mayor to set and levy payment on general obligation bonds.


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  • The mayor and council may set and levy the payment of principal and interest on general obligation bonds by an annual ad valorem tax upon all real and personal property within the city. The tax shall become due in the same manner as provided in section 36-2. A statement of this levy shall be shown separately on tax collection bills.

( Ord. No. OA-2015-05, 8-31-2015 )