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- 3 - <br /> <br /> trader Sect[bn ]03(d) oF the Internal Re*venue (hMe and Lira r~'~:ulat, im~: prC- <br /> ~CF~J~L'LJ tlJlt]t'l' th,iL :.;~'('l.[c)n. '[']1c i)irc,ct, of el ]"it~,'tm, c or any o[1~cr oJficcr, <br /> including 'Lilt Clerk oil COLIIlCJ[, JlilV.[ll~ rc(;l)on:ibilitv <br />issuance of ~bis nolo 'ia authorized and directed, aJon~ or in conjUncLLon <br />with;any uf the foregoing or wiLh any other officer, cmt).Ioyec or <br />of the City, to give all appropr.Jate eertificaL;a on bcha.lf et tile (fits,, for <br />incius.ion in thc transcript of procccdj..~gs, sort' (~ <br /> ' tho forth the facts, cst:i- <br />mates and c~rcumstances and reasonable cxpectatJous perta~n:iny~ to <br />Section 103(d) and r("gulat.i, ons thcrcun,dcr. Thc Clerk <br />furnish to the purchaser of the note a true tran:;cript of <br />certified by h.Lm, of z~].l, proceedings had wi~b torero, ncc t'o the is.~tlanCc of <br />t'be note along with such other information as Js necessary or proper with <br />respect to said note. <br /> <br /> Section 9. In the event that such asaes.c;ment.~; ar(,. not .levied <br />or bonds arc not issued to provJ.de a fund for the payment of said note <br />at maturity, a genera]_ tax sha].l be levied nga.[nst all of the property in <br />said City for the payment of such note and tlm interc:t thereon; prov.idcd, <br />however, that during the year or years whi].e such narc runs there sJlal] be <br />levied on all. the taxable property in said C:[ty, in addition to all other <br />taxes, a direct tax annual].y not less than that which wou].d have been <br />levied for the City's portion of said note, if hands had been issued therefor <br />without the prior issue of said note. <br /> <br /> Said tax sha].l be and is hereby ordered computed, certif_~cd, <br />]_cvied and extended upon the tax duplicate and coll. ected by the same offi- <br />cers, in the same manner and at: the same time that taxes for general pur- <br />poses for each of sa~d years are certified, extended and collected. Said <br />tax shall be placed before and in preference to all other items and for <br />the full amount thereof. The funds derived from said tax 'levies hereby <br />required shall be placed in a separate and distinct fund, which, together <br />with the interest co]].ected on the same, shall be irrevocably pledged for <br />the payment 'of the principal and inte.rest of said note or the bonds in <br />anticipation of which it is issued when and as the same fall due. <br /> <br /> Section 10. The C]erk of this Council is hereby directed to for- <br />ward a certified copy of thi's ordinance to the County Auditor. <br /> <br /> ' Section 11. That this ordinance, havin~ been dcclard tp be an <br />emergency measure, shall be in full force and e~ct from anc~.~u~e~iatcly <br />after its pass~ge arid approval, by the Mayor. ~ ~ /,,/ ]// <br />Passed: ' /ff , 1974 '~' <br /> <br />  ~ President of CountS1 <br /> <br /> Rtbcrt ,[. l,.Iwti~cr Mayor <br /> <br /> <br />