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~< <br />payable semi-annually on the first days of April and Qetober of <br />each year and for which the proper interest coupons bearj.8g a <br />facsimile of the sigx~atu~e of the Clerk shall be a~lasched to and made <br />a part of said.. bonds; provided, however, that if said bonds are sold <br />bearing a different .rate of interest thanHureinbefore specified, such <br />bonds shall-bear such rate of interest as may be provided for in the <br />resolution of c©uncil approving the award thereof. Principal and <br />interest shall be payable at th$H~nk of~~res Company, North Olmsted <br />Branch, in the Village of forth Olmsted, Qhio. <br />Section 3. For the purpose of providing the necessary <br />funds to pay the interest on the foregoing issue of bonds promptly <br />when and as the same falls due, and also to provide a fund suffi- <br />cient to discharge the said serial bonds at maturity, thaere shah.. <br />be and is hereby levied on all taxable property in the Village of <br />North Olmsted, in. addition to all other taxes, a direct tax annually <br />during the period said bonds are to run, in an amount sufficient to <br />provide funds to pay the interest upon said. bonds as and when the <br />same shall fall due, and also to provide a fund fQr the discharge <br />of the principal of said serial bonds at maturity, which tau shall <br />not be less than the interest and sinking fund tax required by <br />Section 11 of article XII of the Constitution. Provided, however, <br />that in each year that the assessments anticipated by said bonds <br />are payable and are applicable to the payment of such interest and <br />principal and are appropriated for such purpose, the amount of <br />such tax shall be reduced by the amount cif the assessment so <br />appropriated. <br />Said tax shall be and is hereby ordered computed, certi- <br />Pied, levied and extended upon the tax duplicate and collected <br />by the same officers, in the same mataner and at the same time <br />that taxes for general purpQSes far each of said years are certi- <br />fied, extended and collected. Said tax shall be pls.cec~ before <br />and in preference to all other items and for the full amount <br />.~_...,r,_~ <br />