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-3- <br /> <br />City for the payment of such notes and the interest thereon; provided, how- <br />ever, that during the year or years while such notes run there shall be levied <br />on all the taxable property in said City, in addition to all other taxes, a <br />direct tax annually not less than that which would have been levied for the <br />City's portion of said notes, if bonds had been issued therefor without the <br />prior issue of said notes. <br /> <br /> Said tax shall be and is hereby ordered computed, certified, levied <br />and extended upon the tax.duplicate and collected by the same officers, in the <br />same manner and at the same time that taxes for gene?al purposes for each of <br />sai~ years are certified, extended and collected. Said tax shall be placed <br />before and in preference to all other items and for the full amount thereof. <br />The funds derived from said tax levies hereby required shall be placed in a <br />separate and distinct fund, which, together with the interest collected on <br />the same, shall be irrevocably pledged for the payment of the principal and <br />interest of said notes or the bonds in anticipation of whichthey are issued <br />when and. as the same fall due. <br /> <br /> Section 10. The Clerk of this Council is hereby directed to for- <br />ward a certified copy of this ordinance to the County Auditor. <br /> <br /> Section 11. That this ordinance, having been declared to be an <br />emergency measure, shall be in full force and effect from and immediately <br />after its passage and approval by the Mayor. <br /> <br />Passed: .~~ ~-~~ -~' 1973 <br /> <br /> / ~ President/of Council <br /> <br /> Clerk o$~Counc il <br /> <br />l~ror <br /> <br /> <br />