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i <br /> as the same matures, and from and after the year 193 , will ales <br /> levy an additional tax which shall be sufficient to reate a sinking <br /> fund for the payment of the principal of said bonds t maturity, <br /> and the said Ordinance or Resolution shall not be resealed until, <br /> the levy herein provided for shall be fully paid, or the bonds , <br /> both principal and interest , shall be paid and cancelled and <br /> no °part of the moneys or fund derived from the levy and collection <br /> of such tax as specified in this section shall be di erted to any <br /> other purpose than the payment of the principal and nterest on <br /> said bonds, and the faith, credit and property of sa d tverett are <br /> hereby pledged for the annual levy and collection of such taxes <br /> and the regular payment of the semi-annual interest •n s id bondv <br /> and the payment of the principal of said bonds at th maturity <br /> thereof. <br /> Section 5 : The t the City Treasurer shall keep a regieter of <br /> all said bonds, which register shall show the number, date, amount, <br /> interest , to whom delivered and when and where paya•le of each and <br /> every bond executed , issued or sold under the provi=ions of <br /> this Ordinance. <br /> Section 6: There is hereby created a special g;•d to be <br /> called the "Everett Park Bond Fund," into which shall be paid <br /> the proceeds of the tax hereinabove mentioned in Sec ion 4, and <br /> which fund is to be drawn upon for the sole purpose e`f paying <br /> the principal and interest of the bonds authorized b, s- id <br /> Ordinance No. 1877 by the voters of said Everett at aid general <br /> elation of November 4th 1919. <br /> Section 7 : An emergency is declares to exist , , this <br /> ordinance shall take effect from and after its passage and <br /> publication. <br /> Mayor <br /> Passed: Dec. 16, 1919 <br /> Attest : '` `_.`"� <br /> City Cler . <br /> Published: Dec. 18th, 1919 <br /> �a � <br />