A. This chapter became effective as to each cent tax after approval of a majority of the registered voters of the city voting on the ordinance in the manner prescribed by section 16-112, 11 Oklahoma Statutes. Upon approval by the voters as required, this chapter shall remain in effect and not be repealed unless repealed by a majority of the registered voters of the city voting to repeal same in the manner as was required for its approval. Provided, the levy and collection of one percent (1%) of the tax imposed hereby, that is, one cent ($0.01) per dollar of sales subject to taxation, be extended and shall terminate and expire twenty (20) years from the effective date hereof, unless sooner repealed by a majority of the registered electors of the city voting at a municipal election called for that purpose. (Prior Code, Sec. 7-16; amd. Ord. 1991-1, 1-3-1991; Ord. 1995-16, 12-21-1995, eff. 5-1-1996; Ord. 2000-1, 1-6-2000, eff. 7-1-2001)
B. Provided, the levy and continued collection of one percent (1%) presently scheduled for expiration of the tax imposed hereby, i.e., one cent ($0.01) per dollar of sales subject to taxation, be extended for a period of twenty (20) years from the effective date hereof, unless sooner repealed by a majority of the registered voters of the city voting at a municipal election called for that purpose. (Ord. 2007-4, 8-16-2007, eff. 10-1-2008)
Notes
| 1 | 1. See table in subsection 7-201B of this chapter. |