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; <br /> NOTICE: The signature to this transfer and assignment must cor- <br /> respond with the name of the Registered Owner as it <br /> appears upon the face of the within Bond in every par- <br /> ticular, without alteration or enlargement or any change <br /> whatever. <br /> Section 8. Tax Levy <br /> For the purpose of providing funds required to pay the <br /> interest on the Bonds promptly when and as the same falls due, <br /> and to pay and discharge the principal thereof at maturity, there <br /> is hereby levied upon all of the taxable property within the <br /> City, in the years for which any of the Bonds are outstanding, a <br /> direct annual tax sufficient for that purpose; and there is here- <br /> by levied on all of the taxable property in the City, in addition <br /> to all other taxes, the following direct annual taxes (the <br /> "Pledged Taxes" ) : <br /> For the Year A Tax Sufficient to Produce the Sum of: <br /> 1989 $820,443.75 for principal and interest up <br /> to and including January 1, <br /> 1991 <br /> 1990 765,625.00 for principal and interest <br /> 1991 735,980.00 for principal and interest <br /> 1992 706,090.00 for principal and interest <br /> 1993 675,955.00 for principal and interest <br /> 1994 645,575.00 for principal and interest <br /> 1995 614,950.00 for principal and interest <br /> 1996 584,080.00 for principal and interest <br /> 1997 552,965.00 for principal and interest <br /> 1998 521,605.00 for principal and interest <br /> Interest or principal coming due at any time when there <br /> are insufficient funds on hand from the Pledged Taxes to pay the <br /> same shall be paid promptly when due from current funds on hand <br /> in advance of the collection of the Pledged Taxes herein levied; <br /> and when the Pledged Taxes shall have been collected, reimburse- <br /> ment shall be made to said funds in the amount so advanced. <br /> -17- <br />