If the city has declared an improvement to be a public purpose pursuant to § 157.01 of this code, the city may, by ordinance, require the owner of any structure located on the real estate to make annual service payments in lieu of taxes to the Warren County Treasurer on or before the final dates for payment of real property taxes. The collection and distribution of service payments in lieu of taxes shall be performed as provided in R.C. § 5709.42.
(Ord. 6153, passed 12-8-87)