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6. That a --aerial . "Interest and 57.nktin -, Fur-. :
nereby eraatad anci shall he established arO rtzintm..^Pd
�;he City at an official depository bank o:: sit-- Cit,'. -
Interest and Sinking Fend shr 11 be kept rTr�re'r;o a , Y a!•; I
from all other funds anct a=ccounts of naid Citv, isid +
,ir.ed only :dor baying the I nterest on aid princ' —1. -F i�;. .
Sdr: is 198?. Certificates of Obligation All. a'?
taxss levies: and collected for and on aC.-o',Ilt of sail: �:►a� s�.
1981 C:ertificatos of Obligation shall his depoiit,•i
nol lected; co the credit of said lnterest and : izk..r+" .`'. +i? .
During each year while any of said Series .19101
of Obligation or interest coupons appertai.rirc- thertto are
outstanding ane: unpaid, the City Council of said City :hall
:ompute and asc.-�rtain a rate and amount of ad ts:.
which will to sufficient to raise and produce thr moue.}
required to pay i:he interest on said Series 1981 � ert ¢fis:..te,s
of Obligation as s'ieh prin:ipal matures (but npvpr 1 sr clan
2% of the original amount of said Series 1921 r'ert.t F .c a",%cs
of Obligation as a :-,inking fund each year) ; are �-z :i
ihall be based on th3 latest approved tax robs of sd..ci
City, with full allowances being made for ta:, !f lincr -►.:,.w9
and the cost of tax collection. Said rate tvn(4 a, aur't .* 6
vr.lorem tax is hereby le:vifd, and is hereb;, crd.:ree �.c I)i
levied, against all taxaW.e property in Ad ..i - •, f,-,- a . • '.
year while any of said Sari is 1981 Corti f4.- %,- -' L :"
oz interes* ^coupons appertw.. Z3 ng the -7eto -t-# 1 k "rs^.)`_•
r_(J .geld ta.: --hall nP. a.sgea ea
a a , a•
s,4 -,-h year and deposited to the c rc.c' i +• -,r t , � • _ . , ;:
s_.t•arast er.0 S5 x kinc, %nd Saa.3 a%..' vLlrrt. • r ---t s...
':c) ;arc'•.j,..'.s 47or the payment of the interF ct. .:.z : r. . ..t
of rai.1 J..Sl Cert.'.. icates of
2:1t3rF'?Y: cern-Bs dt'e exid s,uc:h prino:Lp3!
: v QC%tr l,- Cr ..z v..n j 36-ywgnt '. V,"j p
7. Tha%. �^ i c� Merles 1 S81 ^':x+ �.fac. ' •'s, r .
'•ice.' •-loge 1 1 y secured ��; and Shitii 3 F+:..'
= ;1
-f the rAv-alu s s dfrived from. tx..i �' + `•t,
_.- .> alter deduction of tl,a reasons., 1 e
: ,� - • -t n�arzce, as providad by thG rend -r.. L .: , n
. t ,,f Te.tcs, part cul. arly Article I -,'
9J.
- a
x(% T�-fter called "Surplus Revenues';. 71•F ^
r.it Surplus Revenues to the creel—-
ik.=: y .'1nd created pursuant to Sect: nl, t.r t-'. .
�aa.•�r� t- pe%v r:::.r'cipFl of end intr*dst:
n� >:h;.?.gatlon. Notw).tb-:—.. 'aC i5 rY ;'t .'
If Sliipl -us Revenues are
ha T terest and Sinking Fund ; n adve arc+ :.f ',h- 'r. . C"
'alo.regt ta.cels are schedul sd to to lev'-_,Pd P far -n, y:;« -x
the amount of taxes whish otherwise wo>>1d -a
bcs levied tursuant to Section 6 mai b. x edu::d
ewr.;,-At and lav the amount of the Surplus .'evc.nnc s tht..i r,.•
rerirjs:, : in the Interest and Sinking Fund.
� Triat as lona as the Sexes 19W Lei,itic b •i
^�) Li g-tic.n ars c.:ta`. z7din�x, cY+e City she t ' r^t . z,: ..-Y
t,na SurpIur Reveanues to the art=
r1S of 'Che; City 7.ncl,url-.r,r.' honi., nc ' • '
c.au,.:s of '>h1igat:un.
the Wc,,,QL .» id +.h3 C.iC.;y Se: +•• 1y-� ?v ' ^. .
an_; and .1..-hl.ngs
to the Interest AAS 5'.'�► .' +f �'
st•e 1I= amps l.0 Cimo to fay such i v.ina
10. Thrt the N yo: of said City
rT
and ^ ' n,�cess. ry r acords rn,.4 -melt •'t- Zas
isric l V 1 l.tlr':7. Li ca'11-1 - - a J:^1 . ,4z..,.iC•n if.r N'.?
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