The aggregate amount of taxes that may be levied by the Council of the City of East Cleveland without a vote of the people on any taxable property assessed and listed for taxation according to value for all purposes of the City of East Cleveland, shall not in any one year exceed twelve and seven-tenths (12.7) mills for each one dollar ($1.00) of assessed valuation. Of said total maximum levy, an amount shall first be annually levied sufficient to pay the interest, sinking fund and retirement charges on all notes and bonds of the city issued without the authority of the electors, and then an amount shall be levied annually sufficient to pay the costs of, and the accrued liabilities on, the Police and Firemen’s Disability and Pension Funds, but not to exceed in any year six-tenths (0.6) mills per one dollar ($1.00) of assessed valuation. Of the remaining portion of said total maximum levy, an amount not to exceed two (2.0) mills may annually be levied to provide funds for the construction, improvement or acquisition of permanent improvements as now defined in Section 133.01 of the Revised Code of Ohio, and the balance thereof not to exceed ten and one-tenth (10.1) mills may annually be levied for the purpose of paying the current operating expenses of the city. The limitations of this section shall apply only to taxes levied on property in the City of East Cleveland listed and assessed for taxation according to value and shall not be construed as limiting the power of the Council to levy, without a vote of the electors, any other taxes now or hereafter authorized by the Charter of the City of East Cleveland or the Constitution and laws of the State of Ohio.
(Amended 11-4-69)