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• Fund and all collections of any ad valorem taxes levied for the payment of the <br />Bonds. <br />(d) Any other funds appropriated by the Council for the payment of <br />the Bonds. <br />4.03. Pledge of Tax Increment. Bonds maturing in the following years <br />and amounts are being issued by the City to refund the 1984 Refunded Bonds (the <br />1984 TIF District Bonds). <br />Year Amount Year Amount <br />1998 $35,000 2002 $50,000 <br />1999 45,000 2003 $50,000. <br />2000 45,000 2004 $45,000 <br />2001 55,000 2005 $45,000 <br />Bonds maturing in the following years and amounts are being issued <br />by the City to refund the 1985 Refunded Bonds (the 1985 TIF District Bonds). <br />Year Amount <br />• 1995 $170,000 <br />1996 165,000 <br />1997 180,000 <br />1998 285,000 <br />Tax increment derived form the tax increment financing district <br />created by the City's Tax Increment Financing Plan for Redevelopment District No. <br />1, approved by the City Council on September 19, 1984 with the City's Development <br />District No. 2 (the 1984 TIF District) are hereby irrevocably pledged to the payment of <br />the principal of and interest on the 1984 TIF District Bonds. <br />Tax increment derived from the tax increment financing created by the <br />City's Tax Increment Financing Plan for Housing District No. 2, approved by the City <br />Council on February 27, 1985 within the City's Development District No. 1 (the 1985 <br />TIF District) are hereby irrevocably pledged to the payment of the principal of and <br />interest on the 1985 TIF District Bonds. The 1984 TIF District and 1985 TIF District <br />are hereinafter collectively referred to as the "Districts". <br />Tax increment derived from the 1984 TIF District shall not be used to <br />pay principal and interest on the 1985 TIF District Bonds, and tax increment derived <br />from the 1985 TIF District shall not be used to pay principal and interest on the 1984 <br />TIF District Bonds. <br />• -15- <br />