All real and personal property situated within the city as of January 1 of each year shall be assessed for purposes of this chapter as authorized by state law.
(Ord. G-4-76, passed 3-5-76; Am. Ord. 1984-9, passed 8-20-84; Am. Ord. 1985-16, passed 8-12-85; Am. Ord. 1986-21, passed 7-14-86; Am. Ord. 1987-18, passed 8-10-87; Am. Ord. 2006-8, passed 8-14-06)