880.155  EFFECTIVE PERIOD OF CREDIT FOR JOINT ECONOMIC DEVELOPMENT DISTRICT TAX; ANNUAL REVIEW.
   (a)   The amendments to Sections 880.03, 880.04, 880.06 and 880.15, adopted by Council on April 11, 1995, through Ordinance 95-4, are hereby extended for a period of one year.  The purpose of the extension is to allow residents of Green a credit for joint economic development district income taxes paid by those residents for the year ending December 31, 1996.
   (b)   The extension of the amendments set forth in subsection (a) hereof for citizens of Green who pay a joint economic development district tax will be subject to Council review yearly.  If a majority of Council fails to pass legislation to repeal such amendments by July 15 of each year, then such amendments shall be automatically renewed for the following calendar year.
(Ord. 95-19.  Passed 10-24-95.)