SECTION 7.1 TAXING POWERS PRESERVED.

   The Village shall have every power to tax, license, franchise and charge which it had immediately prior to the effective date of this Charter, including the powers given to it under the Official Code of West Virginia. The Village shall continue to impose and collect every tax, license, franchise, fee and charge which is being imposed by the Village immediately prior to the effective date of this Charter, until the same is revised, modified or repealed by action of Council or by final order of a court of competent jurisdiction.

SECTION 7.2 CONSTRUCTION.

   The powers of the Village under this article shall be construed liberally in favor of the Village and the specific mention of particular powers in this article shall not be construed as limiting in any way the general powers stated in this article.

SECTION 7.3 OBLIGATIONS AND RESPONSIBILITIES OF COUNCIL.

   The Village Council shall be obligated and responsible for the imposition and collection of sufficient taxes to provide adequately for the revenue needs of the Municipality. To this end, the Council shall enact and apply the maximum business tax rates authorized by the West Virginia Code, as amended, to be imposed by municipalities.