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. . <br /> (2) The initial tax rate to be levied shall be as follows: <br /> Rate of taxation to be a Real Property tax <br /> („„,„ of $0.25 per $100 of assessed valuation and <br /> an increase in the business license fee as <br /> follows: <br /> Qusi,nessi Licensq Fee Increase <br /> $ 1 - $ 500 50% <br /> $ 501 - $1 , 000 35% <br /> $1 ,001 - $2,000 25% <br /> $2,001 and above 15% <br /> Adopted by the City Council this 16th day of April , 1990. <br /> dIL ' IL ' <br /> I(�( /MAYOR <br /> � <br /> CITY CLERK <br /> (...- , <br /> 2 <br /> —' a <br />