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full faith, credit, and taxing powers of the City are hereby <br />irrevocably pledged. To provide moneys for such payment, there <br />is hereby levied upon all the taxable property in the City a <br />direct, annual, irrepealable, ad valorem tax which shall be <br />spread upon the tax rolls and collected with and as a part of <br />the other general property taxes in the City in the years and <br />amounts as follows: <br />1989 <br />1990 <br />1991 <br />1992 <br />1992 <br />Total <br />$ 74,275.00 <br />74,057.00 <br />75,698.00 <br />71,666.00 <br />72,789.00 <br />$ 368,485.00 <br />and interest on the Certificates is paid. The Treasurer is <br />directed to certify to the County Auditor of Anoka County on or <br />before October 10 in each year the amount on hand and available <br />from any source and which has been appropriated to the sinking <br />fund to be used to pay the principal of and interest on the <br />Certificates and to direct the county to reduce the levy for <br />such year by that amount. <br />7. The City Clerk is hereby authorized and directed <br />to file a certified copy of this resolution with the County <br />Auditor of Anoka County, together with such information as he <br />shall require, and to obtain from the County Auditor a certif- <br />icate that the Certificates of Indebtedness have been entered on <br />his bond register and the tax has been levied as required by <br />law. <br />-7- <br />