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

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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 <br>an election as required by Section 184 of the Constitution, annually levy and collect, for <br>the support of the municipal college, a tax of not less than five cents (&#36;0.05) nor more <br>than fourteen cents (&#36;0.14) on each one hundred dollars' (&#36;100) worth of property subject <br>to taxation for city purposes. The levy of such taxes shall be made at the same time and in <br>the same manner as other levies for city purposes. The amount levied shall be placed to <br>the credit of the municipal college fund upon the completion of the assessment of <br>property for taxation, and paid as collected, subject to the discount allowed on other city <br>taxes, by the treasurer of the city to the treasurer or other financial officer of the college, <br>for the purpose of establishing, acquiring and operating the college. The taxes authorized <br>by this section shall be construed to be school taxes and shall be in addition to all other <br>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.