The City Council may levy on all taxable property within the district or districts provided for in this subchapter as may be necessary to finance the cost of the improvements as provided for herein, including maintenance, and to pay the principal and interest on obligations issued pursuant to § 150.53. The taxes shall be collected and paid over in the same manner as other taxes collected by and paid to the city, but shall be spread only upon the property described in § 150.51 as the same may be from time to time amended hereafter. Likewise the taxes shall be disbursed by the City Council only for the benefit of the district or districts established under this subchapter and included and described in this subchapter.
(Ord. 110, passed 8-4-1982)