[CC 1984 §2-8; Rev. M.C. 1963 §3.10; Ord. No. 3140 §2-8; Ord. No. 4218 §1, 7-5-1988]
A. The
Council shall from time to time provide by ordinance for the levy
and collection of all taxes and licenses.
B. Within
a reasonable time after the copy of the assessment of the taxable
property of the City is obtained from the County Clerk, the Council
shall ascertain the amount of money to be raised thereon for general
and other purposes and fix the annual rate of levy therefor by ordinance.