The Village President may make an appropriation for ESDA purposes in the manner provided by law, and may levy in addition for ESDA purposes only, a tax not to exceed $.05 per $100, of the assessed value of all taxable property in addition to all other taxes, as provided by the “The Illinois ESDA Act of 1975” [i.e., as amended, ILCS Ch. 20, Act 3305, §§ 1 et seq.]; however, that amount collectable under such levy shall in no event exceed $.25 per capita.
('73 Code, § 9.13) (Ord. 365, passed - - )