The new district is created and established for the purpose and function of providing a means of financing fire protection and rescue services therein and the council is authorized to exercise all powers provided by law and to perform all duties necessary to the proper rendering of fire protection and rescue services within the new district, including the appropriation of funds for the operation and maintenance of the new district through an annual levy and collection of ad valorem taxes upon all taxable property within the new district. The council is further authorized, to the extent and in the manner provided by law, to cause the issuance of general obligation bonds of the county for the benefit of, but not limited to, the construction and/or acquisition of facilities and of equipment, for the repayment of which bonds there shall be levied and collected an annual ad valorem tax upon all taxable property located within the new district. (Ord. 93-O-17 § 2.02, 1993)