The Common Council of the city may levy a tax annually of not to exceed $.15 on each $100 of taxable property within the city for the purpose of a Thoroughfare Fund, which when collected shall be kept separate from the other funds of the city, and shall be a continuing fund to be drawn upon by the Board of Works for work done under, or in furtherance of, or in carrying out a part of the Official Thoroughfare Plan.
(Prior Code, § 154.30) (Am. Ord. 8-86, passed 7-14-1986)