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• (c) The foregoing subsections to the contrary notwith- <br />standing, on automobiles and trucks belonging to such public <br />service corporations the tax shall be 84.39 on every $100 of <br />assessed value thereof. <br />(d) Such taxes are levied to pay the general operating <br />expenses of the City and to pay the interest and retirement on the <br />City debt. <br />Section 4. Machinery and Tools <br />On machinery and tools used in a manufacturing or mining <br />business the tax shall be 84.39 on every $100 assessed value <br />thereof, to pay the general operating expenses of the City and to <br />pay the interest and retirement on the City debt. <br />BE IT FURTHER ORDAINED that the ordinance imposing the tax <br />levy adopted April 15, 1985 be and the same is hereby repealed. <br />Approved by Council <br />April 7, 1986 <br />• r c of Council <br />86-7-11 <br />