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• Section 4. Machinery and Tools <br />On machinery and tools used in a manufacturing or mining <br />business the tax shall be $4.30 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levy adopted April 14, 1987 be and the same is hereby repealed. <br />Approved by Council <br />April 12, 1988 <br />C erk of Council <br />2 <br />