2005-14 ABATING LEVY GENERAL OBLIGATION BONDS

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Section I1. Tax Levv. For the purpose of providin� funds required to pay the interest on the Bonds promptly when and as the same falls due, and to pav and discharae the principal thereof at maturity and as subject to mandatory redemption, there is hereby Levied upon all of the taxable propercy within [he City, in the years for which any of [he Bonds are outstandina, a direct annual tax sufficient for that purpose; and there is hereby levied on all of the taxable property in the City, in addition to all other taxes, the followin� direct annual taxes (the PledQed Taxes as hereinabove defined): FOR THE YEAR A Tt�.Y SUFFICIENT TO PRODUCE THE DOLLAR SUbI OF: 200� . $1,505,931.25 for interest and principal up to and includin� Nlarch I, 2006 (net of lawfully available moneys) 200� $ 85�,662.50 for interest and principal 2006 $ 8�3,787.50 for interest and principal 2007 � 857,662.50 for interest and principal 2008 $ 85�,�87.50 for interest and principal 2009 $ 857,075.00 for interest and principal 2010 $ 856,918.76 for interest and principal 2011 $ 8�6,293.76 for interest and principal 201? $ 860,200.00 for interest and principal 2013 � 862,�12.�0 for interest and principal 2014 � 860,612.50 for interest and principal 201� $ 862,612.50 for interest and principal 2016 $ 863,612.50 for interest and principal 2017 $ 863,612.50 for interest and principal 2018 $ 362,612.50 for interest and principal . 2019 $ 86�,612.50 for interest and principal 2020 $ 872,412.50 for interest and principal 2021 $ 871,337.50 for interest and principal 2022 � 875,125.00 fo�interest and principal 2023 � 880,912.50 for interest and principal The Pledged Taxes and other moneys (esceptin� proceeds of the Bonds) on deposit (collectively. the "Bond ��loneys") in the Bond Fund shall be applied to pay principal of and interest on the Bonds as follows: _��_