(A) It is necessary to levy a tax in excess of the ten mill limitation for the benefit of the village to renew an existing levy.
(B) Said tax is for the purpose of providing for the general construction, reconstruction, resurfacing, and repair of streets, roads, and bridges, pursuant to R.C. § 5705.19(G).
(C) This tax is to be a renewal at a rate not exceeding 1.00 mill for each one dollar of valuation, which amounts to $0.10 for each $100 of valuation for five years commencing with tax year 2013. This tax is a renewal of the existing levy of 1.00 mills.
(D) The question of the renewal tax levy shall be submitted to the electors of the village at the election at the usual places in said village on May 7, 2013.
(E) Said levy be placed upon the tax lists commencing with the tax year 2013.
(Res. 2013-002, passed - -2013)