(A) The following town sales taxes, in the total amount of 3.5%, shall be imposed and effective as indicated, unless otherwise extended by a vote of the people.
(B) Said taxes have been approved by a majority of the registered voters of the town voting on same in elections conducted in the manner prescribed by 11 O.S. § 16-112:
(1) Ordinance levying the first sales tax became effective 7-1-1973, levying a first and second cent sales tax, for the purpose of providing revenues for the support of the functions of the town government; and
(2) Ord. 11-11-2002-1 became effective 4-1-2003, levying a 1.5% tax, for the purpose of providing general revenues for use and benefit of the town and any public trust having the town as beneficiary thereof and/or for the payment of debt service in connection with obligations of the town.
(Prior Code, § 2-2-3) (Ord. 11-11-202-1, passed 11-18-2002)