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<br />(a) First, such part thereof as shall be necessary 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) 17% shall be deposited in a special fund
<br />and used, as directed by Council, to pay costs of
<br />any permanent improvements for the City, including
<br />the payment of debt charges on bonds and notes
<br />issued after 1990 for that purpose, and costs
<br />(other than costs of compensating City employees)
<br />of services and facilities for solid waste
<br />management, recycling and disposal;
<br />(ii) 25% shall be deposited in a special fund
<br />and used, as directed by Council, to pay costs of
<br />permanent improvements to the City's street and
<br />storm water drainage systems, including the payment
<br />of debt charges on bonds and notes issued after
<br />1990 for those purposes, and costs (other than
<br />costs of compensating City employees) of main-
<br />taining the City's street and storm water drainage
<br />systems and providing related equipment; and
<br />(iii) the balance shall be deposited in the
<br />General Fund and used to pay costs of general
<br />municipal functions."
<br />Section 7. Effective January 1, 1991, Sections 1501.0101, 1501.0501,
<br />1501.0502, 1501.1302, 1501.1901 and 1501.2101 of the Codified Ordinances of
<br />the City of North Olmsted, Ohio, as established by Ordinance 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 Ordinance No. 82-94,
<br />passed December 21, 1982, as they have heretofore exiated, are hereby
<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repealed.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 any way affect any rights or obligations of 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 suthorized by Sections 1501.0101, 1501.0501, 1501.0502, 1501.1302,
<br />1501.1901 and 1501.2101 of the Codified Ordinances of the City of North
<br />Olmsted, Ohio, as they have heretofore existed and shall exist through
<br />December 31, 1990.
<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 formal action, were
<br />in meetings open to the public in compliance with the law.
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