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r , A ` ' <br /> 2. The City Treasurer shall next set aside and immediately transmit for <br /> deposit into the Limited Incremental Sales Tax Subaccount all remaining distributions of <br /> Incremental Sales Taxes each year, all as provided in the Redevelopment Agreement. Limited <br /> Incremental Sales Taxes on deposit in and to the credit of the Limited Incremental Sales Tax <br /> Subaccount shall be held in said subaccount until the first Accounting subsequent to the deposit <br /> thereof and upon such Accounting shall be transferred to the Special Tax Allocation Fund as <br /> hereinabove provided. <br /> The foregoing allocation requirements notwithstanding, it is hereby expressly agreed and <br /> provided that in no event shall the City be required to transfer an amount of Incremental Sales <br /> Taxes from the Limited Incremental Sales Tax Subaccount in any year to the Special Tax <br /> Allocation Fund which, in the aggregate for that year, exceeds the Limited Incremental Sales <br /> Taxes, and further provided, that incidental to each Accounting the City Treasurer shall reconcile <br /> the balance then to the credit of the Limited Incremental Sales Tax Subaccount and to be <br /> transferred to the Special Tax Allocation Fund according to official verification by the State of <br /> Illinois, or in the event that the State is unable or unwilling to provide such verification, as <br /> confirmed by the Comptroller of the City, of the actual amount of Incremental Sales Taxes paid <br /> to the City for the preceding 12-calendar month period. The Note is secured by a pledge of all <br /> the moneys on deposit in and to the credit of the Limited Incremental Sales Tax Subaccount, <br /> except as such moneys may be released from the pledge of this Ordinance and from such <br /> Subaccount as hereinafter provided. <br /> -21- <br />