The 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 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 65 Illinois Compiled Statutes 5/8-3-16; however, that amount collectible under such levy shall in no event exceed twenty five cents ($0.25) per capita. (Ord. 1647, 2-18-1992; amd. Ord. 2964, 4-20-2015, eff. 5-4-2015)