Legal Documents of Bean Station

The mayor and aldermen of the Town of Bean Station are prohibited from imposing a property tax for property located within the municipal boundaries of the Town of Bean Station, Tennessee. No ordinance imposing a property tax will be imposed without the revocation and repeal of this section requiring public notice in a newspaper of general circulation in the community of Bean Station, Tennessee. This section is enacted in keeping with the commitment of the parties organizing the incorporation of the Town of Bean Station to refrain from the imposition of a property tax, and it is envisioned by the mayor and aldermen approving this section as a permanent commitment establishing a financial and fiscal plan for the Town of Bean Station that will not include the imposition or use of property tax monies to run town government. (Ord. #____, _____ _______)