125.08 MUNICIPAL MOTOR VEHICLE LICENSE FEE FUND.

(a) There is hereby established a Special Revenue Fund to be known as the "Municipal Motor Vehicle License Fee Fund" under the provisions of Ohio R.C. 5705.12.

(b) All municipal five dollar ($5.00) annual motor vehicle license tax fees shall be credited to such Fund annually, and may be expended only by authorization of Council for the aforesaid purposes.
(Ord. 14-88. Passed 3-7-88.)

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