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Section 14. Filing with County Clerk. Promptly, as soon as this Ordinance becomes <br /> effective, a copy hereof, certified by the City Clerk, shall be filed with the County Clerk; and the <br /> County Clerk shall in and for each of the years 2022 to 2040, inclusive, ascertain the rate percent <br /> required to produce the aggregate tax hereinbefore provided to be levied as set forth in each of said <br /> years; and the County Clerk shall (to the extent said tax has not been abated as provided herein) <br /> extend the same for collection on the tax books in connection with other taxes levied in said years <br /> in and by the City for general corporate purposes of the City; and in said years such annual tax <br /> shall be levied and collected by and for and on behalf of the City in like manner as taxes for general <br /> corporate purposes for said years are levied and collected, and in addition to and in excess of all <br /> other taxes. <br /> Section 15. Sale of Bonds;Bond Notification;Bond Series. The Designated Officials are <br /> hereby authorized to proceed, without any further authorization or direction whatsoever from the <br /> Council, to sell and deliver the Bonds upon the terms as prescribed in this Section,pursuant to the <br /> Bond Notification. The Bonds shall be sold and delivered to the Purchaser at the price of not less <br /> than 97% of the par value of the principal amount thereof(exclusive of original issue discount, if <br /> any),plus accrued interest, if any,to the date of delivery. Such sale shall be made upon the advice <br /> (in the form of a written certificate or report)of Speer Financial, Inc.,the municipal advisor to the <br /> City ("Speer"), that the terms of the Bonds are fair and reasonable in view of current conditions <br /> in the bond markets. As additional limitations on the sale of the Bonds, the Designated Officials <br /> shall find and determine that the Bonds have been sold at such price and bear interest at such rates <br /> that either the true interest cost(yield) or the net interest rate received upon the sale of the Bonds <br /> does not exceed the maximum rate otherwise authorized by applicable law. Nothing in this Section <br /> shall require the Designated Officials to sell the Bonds if in their judgment the conditions in the <br /> bond markets shall have deteriorated from the time of adoption of this Ordinance or the sale of the <br /> -21- <br />