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, <br /> . • <br /> The Pledged Taxes and other moneys (excepting proceeds of the Bonds) on deposit <br /> (collectively, the "Bond Moneys") in the Bond Fund shall be applied to pay principal of and <br /> interest on the Bonds. <br /> Interest or principal coming due at any time when there are insufficient funds on hand <br /> from the Pledged Taxes to pay the same shall be paid promptly when due from current <br /> funds on hand in advance of the collection of the Pledged Taxes herein levied; and when the <br /> Pledged Taxes shall have been collected, reimbursement shall be made to said funds in the <br /> amount so advanced. The City covenants and agrees with the purchasers and registered <br /> owners of the Bonds that so long as any of the Bonds remain outstanding, the City will take <br /> no action or fail to take any action which in any way would adversely affect the ability of the <br /> City to levy and collect the foregoing tax levy. The City and its officers will comply with all <br /> present and future applicable laws in order to assure that the Pledged Taxes may be levied, <br /> extended and collected as provided herein and deposited into the Bond Fund. <br /> Upon determination of the final interest rates and other Bond terms in accordance <br /> with the Bond Order, there shall be filed with the County Clerk a copy of the Bond Order <br /> duly certified by the City Clerk containing any necessary abatement of the taxes levied <br /> hereinabove in this Section 10. A copy of the Bond Order duly certified by the City Clerk <br /> shall also be filed with the Treasurer of the City. <br /> Section 11. Filing with Counry Clerk. Promptly, as soon as this Ordinance becomes <br /> effective, a copy hereof, certified by the City Clerk of the City, shall be filed with the <br /> County Clerk and the County Clerk shall in and for each of the years 1995 to 2013, <br /> inclusive, ascertain the rate percent required to produce the aggregate tax hereinbefore <br /> provided to be levied in each of said years; and the County Clerk shall extend the same for <br /> collection on the tax books in connection with other taxes levied in said years in and by the <br /> -26- <br />