Notwithstanding any law to the contrary, the city may negotiate with any taxpayer who establishes, expands, or redevelops a commercial or industrial enterprise in the city for the waiver of sales or use taxes levied by the city upon such taxpayer as an incentive to the establishment, expansion, or redevelopment of such enterprise. (Code 1979, § 36-262; Ord. No. 96-21, § 4, 7-1-1996)