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<br /> <br />9: <br />s <br />Section 6: Said note shall be the full general obligation of the City and <br />the full faith, credit and resvemee of .,said City era hereby d fear the prcaept <br />payment of the seine. The lam' va~.ae to be received frrom the sale +~ the ba~La <br />anticipated by said note atsd stay e~ccesa iRmds rsaultiag i"ras t~ isswa~e of said <br />note shall to the sxteat necessary lee need onl~r for the retra~:t of said note <br />at maturity, together with interest theac~eon, and is hereby d for such purpose. <br />Section 7; In the event that sash asasseaents ere not levied car bonds are <br />not issued to prarid~e a fund for the nt of said note at astt~rity, a general <br />tax shall be levied a~iast all of the pa'ro-gerty in said City for the p~x~t of <br />such note and the interest them; pr+avi~ed, however, that dur3.ng the year or <br />years while such ante runs there shk1.]. be 1e~3.ed an a11. the le prmperty in <br />said City, in addition to all other fasces, a direct tax eunauslly not less than <br />that which w+auld hays been levied far the City's portioa of said note, ii' beads <br />had been issued therefor without the prior issue of said note. <br />Said tax shalt be and is hereby oa~dered a d, certified, levied arid. <br />extended u the tax duplicate au~d co~llacted by t asps officers, in the samce <br />meaner seed at the sadae tears that tats+es far general des far each of said y+eers <br />are certified, ezteaded and colleet+es. Said tax shall be pt~a~+ed before cad in <br />pre3'erernae to all other ite~e sad far the full s~uc~at thereof. ~9ae finds arrived <br />from saaid t~uc levies hereby required shall be placed in a separsta arcd distinct <br />fund, which, together with the ia~tearest collectsd oa the saecer, s3rall be irxevocably <br />pledges far the ant of the priacipsl. and interest of said note or the bocads is <br />anticipation of which it is issued when and as the sa®e falls ewe. <br />Sectiau 8: The Clerk is hereby directed to forward a certified copy of this <br />ordineaee to the GoantyAusitor. <br />Section g: This ordinance is hereby declared to be an emeacgerney mea~cure <br />necessary for the ptreserwatiora of the public pesos, Welfare arid. safety of this <br />City, sad. for the fun-her x*ieasola that tl~ imorasiate issuance a sails c~ the note <br />betels authorised is aecseaaary to provide Reads to retix+e eaa outstar~~ing '~ <br />which is about to retire acts thereby protest the credit of the Gity; Wha~'~are, <br />this cmdisaaae staall te4k~e effect and be in force ia:crediately upon its passage <br />and approval by the Mayor. <br />Passes : ~- C -~G , 1969 <br />Attest: <br />// «~~..i.~o <br />omac Pr+es dt <br />l~pproved: I /~ ~~'D <br />~e~...~..~_ <br />M G <br />/,,~ i /.s O ~ ~ <br />