It is hereby declared to be the purpose of this subchapter to provide revenue for the following specific purposes, and no others, to-wit:
(A) One hundred percent of the net revenues derived from the tax herein levied shall be used by the City of Claremore for the operation and/or maintenance of the Police and Fire Departments of said city, and/or to retire or to be applied or pledged toward retirement of any legal indebtedness now existing or incurred in the future relating to operation and/or maintenance of the Police and Fire Departments.
(B) Each specific project for which said revenues are to be used and/or each legal indebtedness to which said revenues shall be applied or pledged shall have prior approval of the City Council of the City of Claremore and shall conform to the purposes for which said revenues are being acquired as herein provided.
(Ord. 2022-23, passed 12-19-22)