[Adopted as Ch. 2, Sec. 2.07, of the 1978 General Ordinances]
The tax limit created by Section 3(G) of Act 279 of the Public Acts of 1909, as amended,[1] as adopted by Section 9.1 of the Charter of the City of Lapeer, as revised on August 5, 1958, for the operating expenses of the City of Lapeer, shall be limited to not more than 10 mills of the assessed valuation as equalized of all real and personal property subject to taxation in the City for each City fiscal year beginning April 1, 1967.
[1]
Editor's Note: See MCLA § 117.3(g).