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Revenue Code and the applicable income tax regulations under that Sec- <br />tion. The fiscal officer or any other officer, including the Clerk of <br />Council, having responsibility for issuing said Notes is authorized and <br />directed, alone or in conjunction with any of the foregoing or with any <br />other officer, employee, or consultant of the City, to give an appropri- <br />ate certificate of the City's reasonable expectations, as of the date of <br />delivery of the Notes, for inclusion in the transcript of proceedings, <br />which shall state (in brief and summary terms) the facts and estimates <br />on which the City's reasonable expectations as to future events are <br />based and state that, to the best of the knowledge and belief of the <br />certifying officer, the City's expectations are reasonable. <br /> <br /> Section 6. The Notes shall be the full general obligations of <br /> the City of Lakewood and the full faith, credit and revenue of said City <br /> are hereby pledged for the prompt payment of the same. The par value to <br /> be received from the sale of the bonds anticipated by the Notes and any <br /> excess funds resulting from the issuance of the Notes shall, to the <br /> extent necessary, be used only for the retirement of the Notes at matur- <br /> <br /> ity, together with the interest thereon, and is hereby pledged for such <br />~ purpose. <br /> <br /> Section 7. In the event assessments are not levied or bonds <br /> are not issued to provide a fund for the payment of the Notes at matur- <br /> ity, a general tax shall be levied against all of the property in the <br /> City for the payment of the Notes and the interest thereon; provided, <br /> however, that during the year or years while the Notes run there shall <br /> be levied on all taxable property in the City, in addition to all other <br /> taxes, a direct tax annually not less than that which would have been <br /> levied if bonds had been issued therefor without the prior issue of the <br /> Notes. Said tax shall be and is hereby ordered computed, certified, <br /> levied and extended upon the tax duplicate and collected by the same <br /> <br /> <br />