(A) The County Council shall impose the County Economic Development Income Tax (“CEDIT”) on the county taxpayers of the county. The County Economic Development Income Tax is imposed at a rate of 0.25% on the taxpayers of the county. This tax shall take effect on July 1, 1992 as provided by I.C. 6-3.6-9-1 et seq.
(B) This CEDIT tax shall be at the rate of 0.25%, and shall be used for county improvements, including the construction of jail facilities.
(Council Ord. passed 3-23-1992)