173.01  TAX LEVIED.
   Pursuant to the authority provided in Ohio R.C. 4504.06, and for the purpose of paying the cost and expenses of endorsing and administering the tax provided for in this section; and for planning, constructing, improving, maintaining, and repairing public roads, highways, and streets; maintaining and repairing bridges and viaducts; paying the Municipality's portion of the cost and expenses of cooperating with the Department of Transportation in the planning, improvement, and construction of state highways; paying the Municipality'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 Municipality under Ohio R.C. 4907.47; paying debt service charges on notes or bonds of the municipal corporation 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, Council levies an annual license tax, in addition to the tax levied by Ohio R.C. 4503.02, 4503.07, and 4503.18, on the operation of motor vehicles on the public roads or highways. Such tax shall be at the rate of five dollars ($5.00) per motor vehicle on all motor vehicles, the district of registration of which is in the Municipality. Such tax shall be in addition to the taxes at the rates specified in Ohio R.C. 4503.04 and 4503.16, subject to quarterly reductions in the manner provided in Ohio R.C. 4503.13 and the exemptions provided in Ohio R.C. 4503.101, 4503.16, 4503.17, and 4503.171.
(1980 Code 71.20; Ord. 14-77.)