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<br />~ <br />~j - <br />jl <br />II <br />11 <br />! <br /> <br />made for delinquencies and cost of collection or to provide at <br />least two per cent (2%) of the principal as a sinking ~und, <br />whichever amount is greater; and said tax shall be annually <br />assessed and collected and applied to the payment of the interest <br />on and principal of said certificates. There is hereby created <br />an interest and sinking fund for the certificates authorized by <br /> <br />j, I <br />I <br /> <br />; <br />I <br />I <br />I <br /> <br />j <br />I <br />! <br />i <br /> <br />this Ordinance. <br /> <br />Section 10. Because of the e~ergency recited in the pre- <br />amble hereof, this ,Ordinance shall take effect immediately upon <br />its passage. <br />PASSED AND APPROVED at a meeting open to the public, this <br /> <br />the 2nd day of <br /> <br />the time, place and purpose of said meeting was given and posted <br /> <br />as required by law. <br /> <br />1 <br /> <br />ATTEST: <br /> <br />October <br /> <br />, 197~, after public 'notice of <br /> <br />. . <br /> <br />~~~~ <br />YO , CITY OI<' S MARCOS' <br /> <br />Qb. . ~~~n~az / <br />SEC Y , <br /> <br /> <br /> <br />APPRCibw ~.~ <br /> <br />CITY ATTORNEY <br /> <br />I <br /> <br />- 6 - <br />