[CC 1988 §80.010]
There shall be annually levied, assessed and collected on the
assessed value of all real estate in the City of Lake Saint Louis,
subject to taxation by the laws of this State, such sums of money
and taxes as may be necessary to defray the expenses of the government
of said City and to pay the interest and coupons as they become due
on all bonds now issued and outstanding. The value of property for
City purposes shall not exceed the valuation of the same property
for State and County purposes.
[CC 1988 §80.020]
The Board of Aldermen shall, within a reasonable time after
the Assessor's books of each year are returned, ascertain the amount
of money to be raised thereon for general and other purposes and fix
the annual rate therefor by ordinance.
[CC 1988 §80.030]
As soon as the levy has been made by the Board of Aldermen,
the tax book shall be delivered to the City Clerk who shall proceed
to extend the tax so levied, and the taxes shall be extended therein
as near as may be in the same manner that the taxes of the State and
County extended.
[CC 1988 §80.040]
In case the Board of Aldermen has attempted to levy any tax
or assessment for improvements or for the payment of interest or coupons
or bonds issued and outstanding or other evidences of debt, which
tax or assessment may be informal, illegal or void in consequence
of a failure to comply with the requirements of law, the Board of
Aldermen shall have power to relevy and reassess any such tax or assessment
in manner provided by law or ordinance of the City.
