§ 16-2. Same—Assessment.

Latest version.

(a)

All property located in the city which is subject to taxation for state and county purposes shall be assessed as of January first of each year according to values established by the county tax assessors.

(b)

A 11.31 mil ad valorem tax as set by the city council from time to time is herewith levied upon such property for general fund operations of the city.

(Ord. No. 0-85-20, §§ 1, 2, 7-26-85; Ord. No. 0-93-22, § 1, 10-19-93; Ord. No. 0-95-36, § 1, 9-19-95; Ord. No. 0-96-21, § 1, 10-15-96; Ord. No. 0-97-11, § 2, 10-7-97; Ord. No. 0-98-30, § 1, 10-6-98; Ord. No. 0-99-51, 10-19-99; Ord. No. 0-00-31, § 2, 10-17-00)

                    
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