165.170 Tax levy for municipal college -- Amount -- Disposition. - Kentucky Statutes

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165.170 Tax levy for municipal college -- Amount -- Disposition. The legislative body of any city of the second class that has a municipal college may, after
an election as required by Section 184 of the Constitution, annually levy and collect, for
the support of the municipal college, a tax of not less than five cents ($0.05) nor more
than fourteen cents ($0.14) on each one hundred dollars' ($100) worth of property subject
to taxation for city purposes. The levy of such taxes shall be made at the same time and in
the same manner as other levies for city purposes. The amount levied shall be placed to
the credit of the municipal college fund upon the completion of the assessment of
property for taxation, and paid as collected, subject to the discount allowed on other city
taxes, by the treasurer of the city to the treasurer or other financial officer of the college,
for the purpose of establishing, acquiring and operating the college. The taxes authorized
by this section shall be construed to be school taxes and shall be in addition to all other
taxes authorized by law to be used for municipal or school purposes. History: Amended 1960 Ky. Acts ch. 203, sec. 2. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3219-1, 3219-3.