2-7-12: APPROPRIATION, LEVY OF TAXES:
The city council may make an appropriation for ESDA purposes in the manner provided by law, and may levy in addition for ESDA purposes only, a tax not to exceed five cents ($0.05) per one hundred dollars ($100.00) of the assessed value of all taxable property in addition to all other taxes, as provided by Illinois state statute; however, that amount collectible under such levy shall in no event exceed twenty five cents ($0.25) per capita. (Ord. 13-02, 4-1-2013)