(a) The board of directors or commissioners shall annually, at a regular meeting or at a special meeting called for that purpose, levy a tax on the benefits as assessed and equalized by the board of assessment and equalization.
(b) The rate of the tax shall be subject to the limitation, for the equal protection of all classes of property, that the tax on rural lands according to the rate shall not exceed twenty-five cents (25cent(s)) an acre.
Section: Previous 14-124-103 14-124-104 14-124-105 14-124-106 14-124-107 14-124-108 14-124-109 14-124-110 14-124-111 14-124-112 14-124-113 14-124-114 14-124-115 14-124-116 NextLast modified: November 15, 2016