SECTION 5.01 LIMITATION ON PROPERTY TAX RATE.
   Pursuant to the provisions of the Ohio Revised Code, Sec. 5705.18, the Council shall have the authority to levy not more than eight mills of general property tax for all municipal purposes, as specified in the annual budget, without a further popular vote than the approval of this Charter. Additional levies, beyond those herein authorized to be made by vote of the Council, may be made by popular vote in the manner provided by law.
(Amended Nov. 7, 1961.)