That in order to raise funds for the expenses incident to the government of the City of Oxford for the payment of principal and interest on all bonds, notes and any other obligations, owing by said City of Oxford, and for all necessary purposes of said city government, the Board of Commissioners of the City of Oxford may annually levy and collect taxes in the manner and as specified in Chapter 160 [160A] and Chapter 105 of the North Carolina General Statutes and amendments thereto, and any other North Carolina General Statute and amendments thereto relating to the levy and collection of taxes.
(Session Laws 1963, Ch. 971, Art. V, § 1)
Statutory reference:
Levy of taxes by municipalities, see G.S. §§ 105-1
et seq. and 160A-206et seq.
State Constitution, see Art. V, § 2