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<br />#004.
<br />14W
<br />(a) First, such part thereof as shall be aecessarq to
<br />defray all expenses of collecting the tax and of adminis-
<br />tering and enforcing the provisions of this Title shall be
<br />paid; and
<br />(b) The balance remaining after payment of the
<br />expenses referred to in subsection (a) hereof shall be
<br />deposited as follows:
<br />(i) 15% shall be deposited in a special fund
<br />and used, as directed by Council, to pay costs of
<br />services and facilities for solid waste management,
<br />recycling and disposal;
<br />(ii) 15% shall be deposited in a special fund
<br />and used, as directed bq Council, to pay costs of
<br />anq permanent improvements for the City (including
<br />permanent improvements to the City's street and
<br />storm water drainage systems), including the
<br />payment of debt charges on bonds and notes issued
<br />after 1990 for those purposes, and costs of
<br />maintaining the City's street and storm water
<br />drainage systems and providing related equipment;
<br />and
<br />(iii) the balance shall be deposited in the
<br />General Fund and used to pay costs of geaeral
<br />municipal functions."
<br />Section 7. Effective March 1, 1991, Sections 1501.0101, 1501.0501,
<br />1501.0502, 1501.1302, 1501.1901 and 1501.2101 of the Codified Ordinances of
<br />the Citq of North Olmsted, Ohio, as established by Ordinaace No. 67-70, passed
<br />May 16, 1967, as amended by Ordinance No. 68-105, passed June 18, 1968,
<br />Ordinance No. 71-161, passed December 21, 1971, and Ordinanee No. 82-94,
<br />passed December 21, 1982, as they have heretofore existed, are herebg
<br />repealed. No provision of this ordinance, including the repeal of Sections
<br />1501.0101, 1501.0501, 1501.0502, 1501.1302, 1501.1901 and 1501.2101 of the
<br />Codified Ordinances of the City of North Olmsted, Ohio, as they have hereto-
<br />fore existed, shall in anqway affect any rights or obligations o€ the City of
<br />North Olmsted, any taxpayer, or any other person, official or entitq, with
<br />respect to the one percent municipal income tax and the municipal income tax
<br />credit authorized by Sections 1501.0101, 1501.0501, 1501.0502, 1501.1302,
<br />1501.1901 and 1501.2101 of the Codified Ordinances of the Citq of North
<br />Olmsted, Ohio, as they have heretofore existed and shall exist through
<br />February 28, 1991.
<br />Section 8. It is found and determined that all formal actions of
<br />this Council concerning and relating to the passage of this ordinance were
<br />taken in an open meeting of this Council, and that all deliberations?of this
<br />Council and of any of its committees .that resulted in such fortnal action, were
<br />in meetings open to the public in compliance with the law.
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