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the bonds, as such interest becomes due and payable and to pay and <br /> redeem all of said bonds at maturity. The amount which the said <br /> 1 <br /> 2 council and corporate authorities have determined and do hereby <br /> 3 determine to be so available, out of said gross revenues, after <br /> paying all expenses of operation and maintenance for payment into <br /> 4 <br /> said "Danicipal Light and Power Bond Fund", to be used for payment <br /> 5 <br /> 6 of interest on such bonds, will be, on the first day of January and <br /> July of each and every year, beginning with January in the year 1921, <br /> 7 <br /> 8 not less than the amount of interest thereon, at the rate specified <br /> 9 therein, payable semi-annually on the first day of January and July <br /> 10 respectively, next succeeding such date, on all outstanding bonds of <br /> the issue of two million dollars or such portion, thereof, as may <br /> 11 <br /> 12 be necessary to be issued, payable at the times and in the manner <br /> 13 hereinafter specified. The said corporate authorities and city <br /> council have determined and do hereby determine that the amount so <br /> 14 <br /> 15 available out of said gross revenues, after paying all expenses of <br /> 16 operation and maintenance for payment, into said "Municipal Light <br /> and Power Bond Fund" , to be used for the payment of principal of <br /> 17 <br /> said bonds, on the first day of January, 1926 will be not less than <br /> 18 <br /> Fifty Thousand Dollars, and that on the first day of January, of <br /> 19 <br /> each and every year thereafter, to and including the year 1930 there <br /> 20 <br /> will be so available for payment out of such gross revenues into <br /> 21 <br /> such special fund, to be used for the payment of principal of such <br /> 22 An4 <br /> bonds, not less than fifty thousand dollars.on the first day of <br /> 23 <br /> JarlurzY, MI, and on the first day af ,January of each and every <br /> 24 <br /> year thereafter, to and including the year 1935 there will be so <br /> 25 <br /> available for payment out of such gross revenues to be used for the <br /> 26 <br /> payment of principal on such bonds, not less than one hundred thous- <br /> 27 <br /> and dollars, and that on the first day of January 1936 and on the <br /> 28 <br /> first day of January each and every year thereafter to and including <br /> 29 <br /> the year 1940 , there will be so available for payment, out of <br /> 30 <br /> 31 such gross revenues into such special fund, to be used in the <br /> -4- <br />