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4 <br />Said bonds shall be of the denomination of X1,000.00 <br />each, except Bonds No. 12 which shall be in the denomination <br />of X773.00; shall bear interest at the rate of three per <br />centum per annum, payable semi-annually on the first days of <br />April and October of each year and for ~rhich the proper interest <br />coupons bea_rinm a facsimile of the signature of the Clerk shall. <br />be attached to and made a part of said bonds; provided, however, <br />that if said bonds are sold bearin~~- a different rate of interest <br />than hereinbefore sneci~'ied, such bonds shall bear such rate of <br />interest as may be provided for in the resolution of council <br />approving the award thereof. Principal and interest shall be <br />payable at the National City Bank of Cleveland, Ohio, North <br />Olmsted Branch, in the City of North Olmsted, Ohio. <br />Section 3. For the purpose of providin;~ the necessary <br />funds to pay the interest on the fore~;oin~M issue of bonds rromptly <br />when and as the same falls dtze, and also to provide a fund suffi- <br />cient to discharge the said serial bonds at maturity, there shall <br />be and is hereby leva_ed on all taxable property in the City of <br />North Olmsted, in addition to all other taxes, a direct, tax <br />annually durin~~ the period said bonds are to run, in an amount <br />sufficient to provide f~_znds to nay t'_~einterest upon said bonds <br />as and when the same shall fall due.., and also to provide a fund <br />for the dischar.~e of the principal of said serial bonds at <br />maturity, which tax shall not be less than the interest and sink- <br />n~ fund tax required by Section 11 of Article XII of the Con- <br />stitution. Provided, however, that i.n each year that the assess- <br />ments anticipated by sc.id bonds are payable and are aprlicable to <br /> the payment of such interest and principal.. and a.re aprropriated <br /> for such p~zrpose, the amount of such tax shall be reduced by the <br />amount of the assessment so appropriated. <br />Said tax shall be and is hereby* ordered computed, certi- <br />fied, levied and extended u?~on the tax duplic~:te and collected <br />by the same officers, in the same manner and ~t thy: same tune <br />that t~~xes for general purposed for each of said years s.re certi- <br />fied, extended and eohlected. Said tax shall be placed before <br /> <br />