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payable semi - annually on the first days of April and October of <br />each year and for which the proper interest coupons bearing a <br />facsimile of the signature of the Clerk shall be attached to and <br />made a part of said bonds; provided, however, that if said bonds, <br />are sold bearing a different rate of interest than hereinbefore <br />specified, such bonds shall bear such rate of interest as may be <br />provided for in the resolution of council approving the award <br />thereof.. Principal and interest shall be payable at the Bank of <br />Berea Company, North Olmsted Branch, In the Village of North Olmsted., <br />Ohio. <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, there shall <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 for the discharge <br />of the principal of said serial bonds at maturity, `which tax 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 of the assessment so <br />appropriated. <br />Said tax shall be and is hereby ordered computed, certi- <br />fied., levied and extended upon the .tax duplicate end collected <br />by the same officers, in the same manner and at the same time <br />that taxes for general purposes for each of said years are certi- <br />fied, extended and collected. Said tax shall be placed before <br />and in preference to all other items and for the full amount <br />thereof. The .funds derived from said tax levies..hereby required, <br />