(a)
The adoption of an additional one-half of one percent sales and use tax within the city shall be used to reduce the property tax rate.
(b)
The adoption of an additional one-half of one percent sales and use tax within the city shall be to “promote economic development.”
(Ordinance 90-5-1 adopted 5/14/90; Ordinance 90-5-2 adopted 5/14/90)