§ 314-3. Use of Tax Levy Proceeds.  


Latest version.
  • The proceeds of the tax levied are for the purpose of paying the costs and expenses of enforcing and administering the tax provided for in this chapter and for planning, constructing, reconstructing, improving, maintaining and repairing public roads, highways and streets; maintaining and repairing bridges and viaducts; paying the city's portion of the costs and expenses of cooperating with the department of transportation in the planning, improvement and construction of state highways; paying the city's portion of the compensation, damages, cost, and expenses of planning, constructing, reconstructing, improving, maintaining, and repairing roads and streets; paying any costs apportioned to the city under Section 4907.47 of the Revised Code; paying debt service charges on notes or bonds of the city issued for such purposes; purchasing, erecting, and maintaining street and traffic signs and markers; purchasing, erecting, and maintaining traffic lights and signals; provided that any use of such tax proceeds shall be in accord with the purposes set for in Section 4504.04, 4504.06, 4504.17, 4504.171 or 4504.172 of the Revised Code.

    The municipal motor vehicle license tax levied under this chapter shall be effective January 1, 1989, and continue in effect until repealed by ordinance.

(Ordained by Ord. No. 164-1988, eff. June 17, 1988)