All moneys derived from this annual motor vehicle license tax shall be used by the Village for the following purposes:
(a) Paying the cost and expenses of enforcing and administering the tax;
(b) To supplement revenue already available under earlier permissive motor vehicle license taxes;
(c) Planning, constructing, improving, maintaining and repairing public roads, highways, and streets; maintaining and repairing bridges and viaducts; paying the Village's portion of the cost and expenses of cooperating with the Department of Transportation in the planning, improvement, and construction of State highways; paying the Village's portion of the compensation, damages, costs and expenses of planning, constructing, re-constructing, improving, maintaining, and repairing roads and streets; paying any costs apportioned to the Village under Ohio R.C. 4907.47; paying debt service charges on notes or bonds of the Village issued for such purposes; purchasing, erecting and maintaining street and traffic signs and markers; purchasing, erection and maintaining traffic lights and signals;
(d) Including, but not limited to, the allowable statutory purposes as set forth in Ohio R.C. 4504.06 as currently enacted or hereafter may be amended.
(Ord. 87-11. Passed 8-10-87.)