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part af said bands; provided, hQweuer, that if said bands are sold bearing a different rats of interest than hereinbefore specified, such bonds shall bear such rate of interest as may bs provided fQr in t-he resolution of cauncil apgroving the award thereof. Principal and interest shail be payable at the National City Bank o£ Cleveland, Ohia, North Olmsted Branch, in the City af Narth Olmsted, Ghio. Sectian 3, For the purpose of providing the necessary funds to pay the interest Qn the ioregaing issue of bonds pr4mpt13r when and as the same fa11s due, and alsa to providc? a fund sufficient to dis- charge the said serial bands at maturity, there sha11 be and is here- by levied on all taxa.bl.e grc+perty in the Gity of North Olmsted, in adaition to all Qther taxes, a direct tax annually 3u.ring the geric?d said bonds are to run, in an amount sufficient to provide funds to pay the interest upnn said bQnds as anel when the same shall fall due, and also to provide a fund far the discharge of trie pri.ncigal of said serial bonds at maturity, wnich tax sha12 not be Iess than the interest aMd sinking funa tax required by Secti€an 11 of Asticle XII of tne QQnstitut3.on. Provid.ed, Yadwever, that 3n each yeai- th?t the assessr=en.ts anticipated by said bond.s are payable and are dp- plicable to the payment nf such interest and principal and are ap- propriated fcax such purpase, the amount af such tac shall be re- d.uceri by the amount of the asssssment s4 appropriateci. :iaid tax shall be and is hereby cardered computed, certified, levied and extsnderi upon the tax auplicaLe anci eollected by the s«me pfficers, in th? same manrker anu at the same ti.me that taxes for general purpc?ses for each of said yeara are certified, extended anci colleetea. 5aid tax sha1l be placed before and in greference to all ot,her items and for the full amount thereaf. The funds de- r-ved frc,m said tax levies hereby required, shall be placed in a separate and distinct fund, which, tagether with the interest collected on the same shdll be irrevocably p3.edged fe,r the paysnent of principal and interest af said bands when and as the same fall due. Secticrn 4. The C1,erk is hereby authorized and diracted to cert3.fy a eopy of this ordinance to the Auditar of Cuyahoga CountY, Ohio , accordi,ng to law.