The Common Council may levy a tax annually of not to exceed $0.15 on each $100 of taxable property with the city for the purpose of a Thoroughfare Fund, which when collected shall be kept separate from the other funds of the city and shall be a continuing fund to be drawn on by the Board of Public Works for work done under, or in furtherance of, or in carrying out a part of the official thoroughfare plan.
(1982 Code, § 155.06) (Ord. 20-1964, passed - -)