Special Tax

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Sec. 9. For the purpose of raising money to:

(1) meet the bonds and interest on the bonds; or

(2) establish or erect a memorial without the issuance of bonds;

the county or city authorities shall annually, at the time the general tax levy is made, levy a special tax on the taxable property of the county or city, subject to this chapter. Funds may be raised in yearly amounts until a sufficient amount has accrued to enable the board or common council to proceed with the erection or establishment of the memorial.

[Pre-2003 Recodification Citation: 10-7-5-9.]

As added by P.L.2-2003, SEC.9.


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