Kingdom City Limits on Tax Rates: Vote to Increase ordinance (§ 130.070)

The tax provided for in Section 130.060 hereof shall not exceed the maximum rate for general municipal purposes of fifty cents ($0.50) on the one hundred dollars ($100.00) of assessed valuation; provided, however, that the rate of taxation for general municipal purposes herein limited may be increased for such purposes, for a period not to exceed four (4) years at any one time, when such rate and purpose of increase are submitted to a vote of the voters within the Village and two-thirds (2/3) of the voters voting thereon shall vote therefor, but such increase so voted shall be limited to a maximum rate of taxation not to exceed thirty cents ($0.30) on the one hundred dollars ($100.00) of assessed valuation. Any such vote shall be taken in accordance with the provisions of Section 80.460, RSMo. (RSMo. § 80.460)