(A) There is levied annually real and personal property tax for the City which shall not exceed the limitations imposed by AS 29.45.090.
(B) The Council shall annually by resolution establish the rate of levy on assessed property within the City. The annual rate of levy shall be determined before June 15.
(C) The rate of levy shall be uniform on all real and personal property on the assessment roll.
(Am. Ord. No. 2003-05, passed 5-6-03)