(a) Pursuant to Ordinance 416 (approved by Council on December 19, 1962); Ordinance 8-67 (approved by Council on June 26, 1967); and Ordinance 27-70 (approved by Council August 31, 1970 and by the voters on November 3, 1970); an annual tax at the rate of 1/2% per annum shall continue effective insofar as the levy of taxes is concerned, until repealed. Insofar as the collection of taxes levied hereunder and actions or proceedings for collecting any tax so levied or enforcing any provisions of this chapter are concerned, it shall continue effective until all of such taxes levied on the aforesaid period are fully paid and any and all suits and prosecutions for the collection of such taxes or for the punishment of violations of that chapter have been fully terminated.
(b) Pursuant to Ordinance 10-82 (approved by Council on August 9, 1982 and by the voters November 2, 1982); Ordinance 8-87 (approved by Council on May 11, 1987 and by the voters on August 4, 1987); Ordinance 2-92 (approved by Council on February 10, 1992 and by the voters on May 5, 1992); Ordinance 8-97 (approved by Council on April 28, 1997 and by the voters on November 4, 1997); and Ordinance 06-02 (approved by Council on July 8, 2002 and by the voters November 5, 2002); and Ordinance No 06-06, approved by Council February 13, 2006 and the voters on May 2, 2006, an additional tax at the rate of one-half of one percent (1/2%) per annum for a total tax of at the rate of two percent (2%) per annum shall be effective on and after January 1, 2007. This section shall extend the one-half of one percent (1/2%) tax levy for a total of two percent (2%) per annum from and after December 31, 2007, until repealed. Insofar as the collection of taxes levied hereunder and actions or proceedings for collecting any tax as levied or enforcing any provisions of this chapter are concerned, it shall continue effective until all of such taxes levied in the aforesaid period are fully paid and any and all suits and prosecutions for the collection of such taxes or for the punishment of violations of this chapter have been fully terminated.
(Ord. 06-06. Passed 2-13-06.)