The Council shall have authority to levy and impose taxes for municipal purposes and to provide for their collection, provided that no income tax, sales tax, use tax, or excise tax shall be levied after the approval of this Charter until such tax shall be approved by a majority of the electorate voting at a regular or special election. Council shall also have authority to levy and provide for collection of special assessments for local improvements as provided in this charter or by ordinance.

(a) Unless otherwise provided by ordinance, the County Treasurer shall collect City ad valorem taxes in the same manner and at the same time as general ad valorem taxes are collected. In like manner, the Council may provide for collection of special improvement assessments by the said Treasurer.

(b) All laws of this State for the assessment of property and the levy and collection of ad valorem taxes, sale of property for taxes and the redemption of the same, shall apply and have the full force and effect in respect to taxes for the City as to such general ad valorem taxes, except as may be modified pursuant to this Charter.

In addition to all other power which it has to acquire property, the City is hereby authorized to purchase or otherwise acquire property in which there are delinquent taxes or special assessments. The City may also dispose of any property acquired under this authority in like manner as any other property.