(a) Pursuant to authority granted by Ohio R.C. 4504.172, there is hereby levied and imposed an annual license tax of five dollars ($5.00) on all motor vehicles as defined by Ohio R.C. 4501.01(B) for which the City is the district of registration.
(b) This tax shall be subject to the reductions and exemptions provided by Ohio R.C. 4503.11, 4503.16, 4503.17, 4503.171, 4503.41 and 4503.43.
(c) The tax shall be paid to the Ohio Registrar of Motor Vehicles at the time each motor vehicle is registered or licensed and at the time each such registration is renewed.
(d) The Ohio Registrar of Motor Vehicles is hereby authorized to collect this tax on behalf of the City and disburse the proceeds thereof to the City.
(e) The proceeds of this tax shall be used only for the following purposes: paying the costs and expenses of enforcing and administering this tax; planning, constructing, improving, maintaining and repairing public roads, highways, and streets within the City; paying the City's portion of the costs and expenses of cooperating with the Ohio Department of Transportation in the planning, improvement and construction of State highways; paying the City's portion of the compensation, damages, cost and expenses of planning, constructing, reconstructing, improving, maintaining and repairing roads and streets; paying any costs apportioned to the City under Ohio R.C. 4907.47; paying debt service charges on notes or bonds of the City issued for such purposes; purchasing, erecting and maintaining street and traffic signs and markers; purchasing, erecting and maintaining traffic lights and signals; and to supplement revenue already available for such purposes.
(f) The tax imposed by this chapter shall apply to and be in effect for the registration year commencing January 1, 1990, and shall continue in effect during each registration year thereafter until repealed.
(Ord. 23-1989. Passed 4-24-89.)