[Amended 11-7-2000]
There is hereby established a $0.03 per $100 valuation tax,
which shall be dedicated specifically for the acquisition of property
for open space and recreational purposes.
[Amended 6-27-2000 by Ord. No. 20-2000]
The funds derived from this dedicated tax shall be maintained
in a separate account and shall only be utilized for the acquisition
of land for open space purposes and the development of active recreational
facilities, together with the costs related thereto.
[Amended 11-7-2000]
The $0.03 dedicated tax established by §
356-1 herein shall be shown as a separate line item on each property owner's tax bill and not as part of the municipal tax rate in that it is to be a dedicated tax for the purpose set forth above.