(a)
Beginning October 1, 1989, and each succeeding October 1 thereafter, the city shall assess an ad valorem tax on taxable property within the city limits as determined by the El Paso Central Appraisal District at a rate determined in accordance with the laws of the state.
(b)
The collection of said assessment will be performed by the City of El Paso’s tax assessor-collector through a contractual agreement.
(Ordinance 0019 adopted 9/26/89)